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A shopkeeper bought 120 chairs at the rate of 250 each. He spends 3000 rupees on transportation. He marked the price of each chair at 400 rupee. On the marked price he gives 10% discount, then find the profit incurred by the shopkeeper.
340/11%
350/11%
330/13%
330/11%
cost price of each chair = 250 + 3000/120 = 275 selling price = 400*90/100 = 360 % profit = [(360 – 275)/275]*100
(85/275)*100 = 340/11%
By: Sandeep Dubey ProfileResourcesReport error
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