Question
The cost price of a table is Rs. 600. A seller bought 15
such tables and sold 7 of them at 18% profit, five tables at 25% profit and remaining tables for Rs. 720 each. Find the total profit earned by the seller.Solution
ATQ,
Total selling price of tables = (7 Ă— 600 Ă— 1.18) + (5 Ă— 600 Ă— 1.25) + (3 Ă— 720) = 4956 + 3750 + 2160 = Rs. 10,866
And, total cost price = 600 Ă— 15 = Rs. 9,000
So, profit earned = 10866 - 9000 = Rs. 1,866
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