the cost a chair is ₹8800.An amount of ₹200 is spent on the transportation it is sold at a gain of 12%.The selling price of the chair is
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Given : the cost a chair is ₹8800.
An amount of ₹200 is spent on the transportation
it is sold at a gain of 12%.
To Find : The selling price of the chair
Solution:
Chair cost = ₹ 8800
transportation cost = ₹ 200
Cost Price of Chair = 8800 + 200 = ₹ 9000
Gain = 12%
Gain = (12/100) 9000 = ₹ 1080
Selling price = Cost Price + Gain
=> Selling Price = 9000 + 1080
=> Selling price = ₹ 10080
The selling price of the chair is ₹ 10080
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