Salman bought 40 chairs at ₹175 each.He sold one-fourth of them at a loss of 8%.At what price each must he sell the remaining chairs so as to gain 10% on the whole deal?

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Solution

cost of 10 chairs= 10 × 175
= Rs. 1750

S.P=[C.P(100-loss%)]/100
= 1750(100-8)/100
=17.5 × 92
= Rs.1610

loss=140

total C.P=40×175=7000

10% profit= Rs.700

C.P of 30 Chairs=30×175=5250

S.P of 30 chairs=5250+700+140
=5950+140
=6090

S.P of 1 Chair for getting 10% on whole day=6090/30
=Rs.203

hope it helps mate

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