Correct option is C
Given:
Number of chairs sold = 150
Gain = Selling Price of 75 chairs
Formula Used:
Solution:
Let the Selling Price (SP) of 1 chair be ₹1
Total SP of 150 chairs = ₹150
Gain = SP of 75 chairs = ₹75
So, Cost Price (CP) = SP – Gain = 150 – 75 = ₹75
Profit Percentage =