Atul sold 173 chairs and had a gain equal to the selling price of 73 chairs. What is his profit percentage?

Correct option is D

Given:

Total chains sold by Atul = 173

Gain = selling Price of 73 chains

Formula Used:

Profit = SP - CP

Profit Percent = $$\frac{Profit}{CP} \times 100$$​​

Solution:

Let the selling price of chain be 1

Then total Selling price of chain = 1 $$\times$$​ 173 = 173

Profit = Selling Price of 73 chain = 1 $$\times$$​ 73 = 73

Cost Price = SP - Profit = 173 - 73 = 100

Profit Percent =$$\frac{73}{100} \times 100$$​= 73%