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A person buys 5 tables and 9 chairs for Rs15,400. He sells the tables at 10% profit and chairs at 20% profit. If his total profit on selling all the tables and chairs is Rs2,080, what is the cost price of 3 chairs?
Rs1,800
Rs1,740
Rs1,860
Rs1,890
Correct option:1
Solution:
10% of 15400 = 1540 20% of 15400 = 3080 Using allegation method
1540 3080
2080
1000 : 540
Ratio of cost price of S tables and 9 chairs = 1000x : 540x
1000x + 540x = 1540x
1540x = 15400
x = 15400/1540
x = 10
Cost price of 9 chairs = 540 x 10 = 5400
Cost price of 1 chair = 5400/9 = 600
A Cost price of 3 chairs = 3 x 600 = 1800
By: santosh ProfileResourcesReport error
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