Three chairs are purchased for rs 450 each. one of them is sold at a loss of 10%. at what price should the other two be sold so as to gain 20%on the whole transaction?
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3
Answer:
Loss on 1st chair = 450 × 10/100 =45.
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7
Answer:
Total cost for three items purchased =3×450=1350.
SP of first item =450-(10/100×450)=405
Total SP when gained 20%=1350+(20/100×1350)=1620
price for each of the two of items to gain 20%on the whole transaction=(1620-405)/2=607.5
gain% on the two items =((1215-900)/900×100)=35%
Step-by-step explanation:
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