-- advertisement --

Discussion

  1. A man sells a chair and a table, both at same price of Rs. 4000 each and is neither gaining nor losing in the deal. If he sold the chair at profit of 25% then he sold table at loss of ?
    1. 16%
    2. 16.66%
    3. 16.33%
    4. 18.66%
  1. Correct Option: B

    CP of the chair which is sold at 25% of profit = Rs 4000/ (1+ 25%)
    = Rs 4000/1.25
    = Rs 3200

    Now given, that sum of CP pf table and chair= sum of SP of table and Chair
    ⇒ 8000= 3200 + CP of Table
    ⇒ CP of Table = Rs 4800
    ⇒ Loss on Cost price of table = Rs 4800- Rs 4000= Rs 8000
    ⇒ Loss % = 8000/4800 = 16.66%

-- advertisement --

-- advertisement --