Sarthak bought 20 chairs for 3200 and spent 400 on cartage. He sold 15 of them for 220 each. For how much should he sell each of the remaining chairs so as to gain 25% on the entire translation
Answers
Answer:
₹1125
Step-by-step explanation:
Cost price of 20 Chairs = ₹3200
(+) Expenses = ₹ 400
Total = ₹3600
Cost Price of 1 Chair = 3600/20= ₹180
Selling price of 15 chairs of ₹220 each = 15×220 = ₹3300
Remaining Chairs = 20-15 =5
Cost Price of 5 Chairs = 5×180
= ₹900
Selling Price of 5 Chairs is
Profit = (S.P - C.P)×100/C.P
25 = (S.P - 900)×100/900
25 = (S.P - 900)/9
25×9 = S.P - 900
225 = S.P - 900
S.P. = 225 + 900
S.P. = ₹1125
So, Selling Price of 5 Chairs = ₹1125
Answer:
₹1125
Step-by-step explanation:
Cost price of 20 Chairs = ₹3200
(+) Expenses = ₹ 400
Total = ₹3600
Cost Price of 1 Chair = 3600/20= ₹180
Selling price of 15 chairs of ₹220 each = 15×220 = ₹3300
Remaining Chairs = 20-15 =5
Cost Price of 5 Chairs = 5×180
= ₹900
Selling Price of 5 Chairs is
Profit = (S.P - C.P)×100/C.P
25 = (S.P - 900)×100/900
25 = (S.P - 900)/9
25×9 = S.P - 900
225 = S.P - 900
S.P. = 225 + 900
S.P. = ₹1125
So, Selling Price of 5 Chairs = ₹1125