Given:
Number of chairs sold = 152
Gain = Selling Price of 76 chairs
Formula Used:
Solution:
Assume Selling Price (SP) of 1 chair = ₹1 for simplicity.
Total SP of 152 chairs = ₹152
Profit = SP of 76 chairs = ₹76
Cost Price (CP) = SP – Profit = ₹152 – ₹76 = ₹76
Profit Percentage =
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60 Mins English English25 Questions50 Marks15 Mins English English100 Questions200 Marks60 Mins EnglishBy selling an article for ₹21, a dealer makes a profit of 20%. By how much should he increase his selling price (in ₹) so as to make a profit of 50%?
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The cost price of article A is ₹ 500 more than the cost price of article B. Article A is sold at a loss of 10% and B is sold at a profit of 20%. If there is a profit of ₹200 in the entire transaction, then the cost price of article A is :
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An article was sold at ₹600, making a profit of 20%. The cost price of the article was
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