Question
Download Solution PDFA shopkeeper bought 20 chairs for ₹18,000. On selling them he had a gain equal to the selling price of four chairs. What is the selling price of each chair?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
A shopkeeper bought 20 chairs for ₹18,000
On selling them he had a gain equal to the selling price of four chairs
Calculation:
Profit = (S.P. of 20 chairs) − (C.P. of 20 chairs)
⇒ S.P. of 4 chairs = S.P. of 20 chairs − C.P. of 20 chairs
⇒ S.P. of 16 chairs = C.P. of 20 chairs
⇒ S.P. of 16 chairs = 18000
⇒ S.P. of 1 chair = Rs. 18000/16
⇒ Rs 1125
∴ The selling price of each chair is Rs. 1125.
Last updated on Jun 25, 2025
-> The SSC CGL Notification 2025 has been released on 9th June 2025 on the official website at ssc.gov.in.
-> The SSC CGL exam registration process is now open and will continue till 4th July 2025, so candidates must fill out the SSC CGL Application Form 2025 before the deadline.
-> This year, the Staff Selection Commission (SSC) has announced approximately 14,582 vacancies for various Group B and C posts across government departments.
-> The SSC CGL Tier 1 exam is scheduled to take place from 13th to 30th August 2025.
-> Aspirants should visit ssc.gov.in 2025 regularly for updates and ensure timely submission of the CGL exam form.
-> Candidates can refer to the CGL syllabus for a better understanding of the exam structure and pattern.
-> The CGL Eligibility is a bachelor’s degree in any discipline.
-> Candidates selected through the SSC CGL exam will receive an attractive salary. Learn more about the SSC CGL Salary Structure.
-> Attempt SSC CGL Free English Mock Test and SSC CGL Current Affairs Mock Test.
-> Candidates should also use the SSC CGL previous year papers for a good revision.
->The UGC NET Exam Analysis 2025 for June 25 is out for Shift 1.