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Sachin sold 153 chairs and had a gain equal to the selling price of 85 chairs. What is his profit percentage?
Question

Sachin sold 153 chairs and had a gain equal to the selling price of 85 chairs. What is his profit percentage?

A.

135%

B.

125%

C.

120%

D.

130%

Correct option is B

Given:

Sachin sold 153 chairs

Profit is equal to the Selling Price of 85 chairs

Need to find the Profit Percentage

Formula Used:

Profit = Selling Price (SP) – Cost Price (CP)

Profit % =  (ProfitCost Price)×100\left( \frac{\text{Profit}}{\text{Cost Price}} \right) \times 100 ​​

Solution: 

From:

SP of 68 chairs = CP of 153 chairs

68 × SP = 153 × CP

SPCP=15368=94\frac{SP}{CP} = \frac{153}{68} = \frac{9}{4}​​

Profit % = (944)×100=54×100=125% \left( \frac{9 - 4}{4} \right) \times 100 = \frac{5}{4} \times 100 = 125\%​​

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