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15. Salman bought 40 chairs at175 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 wholedeal? |
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Answer» Cost of 10 chairs= 10× 175 = Rs. 1750S.P=[C.P(100-loss%)]/100 = 1750(100-8)/100 =17.5× 92 = Rs.1610loss=140total C.P=40×175=700010% profit= Rs.700C.P of 30 Chairs=30×175=5250S.P of 30 chairs=5250+700+140 =5950+140 =6090S.P of 1 Chair for getting 10% on whole day=6090/30=Rs.203 |
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