Question

Three chairs are bought at the rate of ₹1500 per piece.Transporting them cost ₹125.If they are sold for ₹5087.50 find the profit made and the profit percent.​

Answer 1

Answer:

Step-by-step explanation:

COST OF 1CHAIR = 1500

COST OF 3 CHAIRS = 1500 ×3

=4500 RUPEES

TOTAL COST = 4500 + TRANSPORTING COST

= 4500 + 125

= 4625 RUPEES

SP = 5087.50

SP>CP

PROFIT HAPPENED,

PROFIT = SP - CP

= 5087.50-4625

= 462.5

P%= PROFIT×100 / CP

= 462.5/4500×100

= 10.27....... %