You are not logged in.
Pages: 1
1) A merchant purchased 20 chairs at the rate of Rs. 400.00 per piece. He paid Rs 5.00 per piece as cartage. During Transit 5 chairs were damaged which he sold at the rate of Rs. 384.00 each. If the merchant wants to make 20% profit in the deal, at what price shoul he sell the remaining chairs ?
2) A merchant sold a table and a chair at Rs. 3000.00 and made 20% profit. If he sells the chair at the cost price and the table at Rs. 1800.00 , he would make 12% profit. Find the cost price of the table and that of the chair ?
Please explain the sums in details.
Regards
Suja
Offline
1. This depends on what "the deal" is that he wants to make 20% on. I will assume it is the original price plus cartage.
20 × (400+5) = 8100 (his original cost)
If he wants to make 20% on 8100 he needs to get 8100*(1+0.20) = 9720
But he has already made 5 * 384 = 1920, so he needs to make another 9720 - 1920 = 7800
So he needs to sell each of the 15 chairs for 7800/15 = 520 each
"The physicists defer only to mathematicians, and the mathematicians defer only to God ..." - Leon M. Lederman
Offline
thank you very much.
i would request you to solve the second sum too.
regards
suja and
Offline
Pages: 1