A shopkeeper purchased 10 chairs at the rate of Rs1 450 per chair and spent Rs600 as cartage For how...........

Quantitative Aptitude (MTS) Profit and loss

A shopkeeper purchased 10 chairs at the rate of Rs1,450 per chair and spent Rs600 as cartage. For how much should be sell

each chair to earn 10% profit?

This questions was previously asked in

SSC MTS 20th October 2021 Shift-1

Rs2,225

Rs1,661

Rs1,595

Rs1,645

- The shopkeeper buys each chair for Rs1,450.

- For 10 chairs, the total cost is 10 x 1,450 = Rs14,500.

- Cartage cost is Rs600 for all chairs.

- Total cost becomes Rs14,500 + Rs600 = Rs15,100.

- To find the cost price per chair, divide total cost by 10: Rs15,100 ÷ 10 = Rs1,510.

- For a 10% profit, calculate 10% of Rs1,510: 0.10 x 1,510 = Rs151.

- Add the profit to the cost price: Rs1,510 + Rs151 = Rs1,661.

Let's review the options:

- Option 1: Rs2,225, Incorrect.

- Option 2: Rs1,661, Correct.

- Option 3: Rs1,595, Incorrect.

- Option 4: Rs1,645, Incorrect.

"."

Submit Error