The cost of a chair is Rs. 8800 and the transportation cost is Rs. 200. What is the selling price of a chair if you want to get 12% profit on the sale of this chair?
Answers
Answer:
39
Step-by-step explanation:
OK bye so bye bye bye bye
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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