Q. 153.9( 18 Votes )
A man sold two ch A. 1.5% gain
B. 2% gain
C. 1.5% loss
D. 2% loss
Answer :
SP of first chair = Rs.500
CP of first chair
= Rs.416.66
SP of second chair = Rs.500
SP of second chair
= Rs.568.18
CP of both chairs = 500 + 500
= Rs.1000
SP of both chairs = 568.18 + 416.66
= Rs.984.84
It is a case of Loss because CP is more than SP.
Loss = CP – SP
=1000 – 984.84
= Rs15.16
= 1.51%
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