Sonia purchased 40 chairs at the rate of ₹200 each. she kept 4 chairs for her use and Sold the rest at the rate of ₹240 each. Find her profit or loss?
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Answer:
Profit = ₹640
Step-by-step explanation:
Cost of 1 chair = ₹200
Cost of 40 chairs = ₹200× 40 = ₹8000
Sonia kept 4 chairs and sell the remaining chairs
Chairs sold by Sonia = 40-4 = 36
S.P. of 1 Chair = ₹240
S.P. of 36 chair = ₹36×240 = ₹8640
Total C.P. = ₹8000
Total S.P. = ₹8640
Profit = 8640-8000 = ₹ 640
If u want profit% also, here is the Profit%
Profit % = 640/8000× 100 = 8%
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