. Meena bought 2 chairs for R 3650. She spent 111 50 on sprucing them

1.	. Meena bought 2 chairs for R 3650. She spent 111 50 on sprucing them up. If she wants to makea profit of 12%, what should be the selling priceof each chair?
Answer» Cost price of two chairs = 3650On repairing amount spent = 150 So effective cost price = 3800 For profit of 12% selling price should be SP= CP(1 + 12/100) = 3800(1 + 3/25) = 3800(28/25) = 152*28 = Rs 4256

. Meena bought 2 chairs for R 3650. She spent 111 50 on sprucing them up. If she wants to makea profit of 12%, what should be the selling priceof each chair?

Answer»

Cost price of two chairs = 3650On repairing amount spent = 150

So effective cost price = 3800

For profit of 12% selling price should be SP= CP(1 + 12/100) = 3800(1 + 3/25) = 3800(28/25) = 152*28 = Rs 4256