Question

salman bought 40 chairs for rs 175 he sold 10 at 8% loss
at what price he must sell the remaining for a 10% profit on whole transaction

Answer 1

one chair=175/40
cost of 10 chair=10*175/40
with loss 8%=175/4*92/100=40.25
total profit= 175*110/100=192.5
remaining=192.5-40.25=152.25
30 chair at x profit=175/40*30*x/100=152.25=116
profit=116-100=16%