Question 129

A person sold a chair at a profit of 13%. Had he sold it for ₹607.50 more, he would have gained x%. If the cost price of the chair is ₹3750, then the value of x is:

Solution

Cost price of chair = Rs. 3750

Selling price after 13 % profit = $$\frac{113}{100}\times3750=Rs.$$ $$4237.50$$

According to ques, new selling price = Rs. $$4237.50+607.50=Rs.$$ $$4845$$

=> $$\frac{4845-3750}{3750}\times100=x$$

=> $$x=\frac{1095}{37.5}=29.2\%$$

=> Ans - (D)

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