Yash bought 10 chairs for Rs 750 each. He donated 3 chairs out of these to a temple. At what price should he sell each chair to gain 5% on the whole? Do you think, he did right thing in donating the chairs?
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Answer:
Rs 1125
Step-by-step explanation:
He spent Rs 7500.
He gets 5% more.
Total cost : 7500*(1+5/100)=7500+75*5=7875
Price of each chair : 7875/7= Rs 1125
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