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

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Solution

Cost of 1/4 of 40 chairs= 40/4 × 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

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

Cost of 1/4 of 40 chairs= 40/4 × 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

Cost of 1/4 of 40 chairs= 40/4 × 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