Question 12

If A purchase 9 chairs for Rs 5 and sells all the chairs at the rate of 5 chairs for Rs 9, then what will be the profit percentage?

Solution

Cost price of 9 chairs = Rs. 5

=> Cost price of 45 chairs = $$5\times5=Rs.$$ $$25$$

Selling price of 5 chairs = Rs. 9

=> Selling price of 45 chairs = $$9\times9=Rs.$$ $$81$$

$$\therefore$$ Profit % = $$\frac{(81-25)}{25}\times100$$

=> $$56\times4=224\%$$

=> Ans - (B)

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