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      Question

      The cost price of a chair is Rs. 800. A vendor purchased 10

      such chairs and sold 3 at 10% profit, 4 at 15% profit and the rest for Rs. 880 each. What is the total profit made by the vendor?
      A Rs.2250 Correct Answer Incorrect Answer
      B Rs.1325 Correct Answer Incorrect Answer
      C Rs.960 Correct Answer Incorrect Answer
      D Rs.1550 Correct Answer Incorrect Answer

      Solution

      ATQ,

      Total selling price of chairs = (3 × 800 × 1.10) + (4 × 800 × 1.15) + (3 × 880) = 2640 + 3680 + 2640 = Rs. 8,960

      And, total cost price = 800 × 10 = Rs. 8,000

      So, profit earned = 8960 - 8000 = Rs. 960

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