Given:
Number of chairs sold = 153
Gain = Selling Price of 78 chairs
Formula Used:
Solution:
Let the Selling Price (SP) of 1 chair be ₹1
Total SP of 154 chairs = ₹153
Gain = SP of 54 chairs = ₹78
So, Cost Price (CP) = SP – Gain = 153 – 78 = ₹75
Profit Percentage =
English
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60 Mins English English20 Questions40 Marks12 Mins English English80 Questions160 Marks60 Mins EnglishA person bought a plot for ₹1,20,000. He sold part of this plot at a loss of 10%. At what profit percent should he sell the remaining plot to earn a profit of 27% on the whole transaction?
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