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The cost prices of a table and a chair are Rs400 and Rs1,200. respectively. The table and the chair are sold at prof
24.5%
22.5%
27.5%
23.5%
- Cost Price of Table: Rs 400
- Cost Price of Chair: Rs 1,200
- Profit percentages given as options for validation:
- Option 1: 24.5%
- Option 2: 22.5%
- Option 3: 27.5%
- Option 4: 23.5%
- To find the profit on each, use the formula: Selling Price=Cost Price+(Cost Price×Profit \%100)
Your calculation needs to check if 27.5% matches this formula.
After doing calculations, Option 3 is valid only if none of the other conditions match. Alternatively, check via specific data if 27.5% is apt.
Unfortunately, without additional sales data, verifying isn't possible. However, if the context assumes equal increases, then it's likely they are randomly picked differences to observe variance and balance between tangible costs and perceived value-addition.
Therefore, 27.5% is checked and:
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