Practicing Success
A person buys 5 tables and 9 chairs for ₹15,400. He sells the tables at 10% profit and chairs at 20% profit. If his total profit on selling all the tables and chairs is ₹2,080, what is the cost price of 3 chairs? |
₹1,800 ₹1,740 ₹1,860 ₹1,890 |
₹1,800 |
According to the question, 10% of 15400 = 1540 20% of 15400 = 3080 Using allegation method 1540 3080 2080 1000 : 540 Ratio of cost price of 5 tables and 9 chairs = 1000m : 540m 1000m + 540m = 1540m 1540m = 15400 m = 10 Cost price of 9 chairs = 540 × 10 = 5400 Cost price of 1 chair = 600 ∴ Cost price of 3 chairs = 3 × 600 = 1800 |