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    Question

     Sachin sold 152 chairs and had a gain equal to the

    selling price of 52 chairs. What is his profit percentage?
    A 47% Correct Answer Incorrect Answer
    B 62% Correct Answer Incorrect Answer
    C 52% Correct Answer Incorrect Answer
    D 57% Correct Answer Incorrect Answer

    Solution

    Let the selling price of 1 chair = ₹1 (assumption for ease). Then: Total SP of 152 chairs = ₹152 Given profit = SP of 52 chairs = ₹52 So, Cost Price (CP) of 152 chairs = SP − Profit = 152 − 52 = ₹100 Now calculate profit percentage: Profit % = (Profit / CP) × 100 = (52 / 100) × 100 = 52%

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