By selling 5 chairs for ₹1200, a carpenter gains the cost... - Maths MCQ Solution

By selling 5 chairs for ₹1200, a carpenter gains the cost price of 2 chairs. The profit percent is:

By selling 5 chairs for ₹1200, a carpenter gains the cost price of 2 chairs. The profit percent is:
5 कुर्सियाँ ₹1200 में बेचकर एक बढ़ई को 2 कुर्सियों के क्रय मूल्य के बराबर लाभ होता हैं। लाभ प्रतिशत है:

60% 50% 40% 70%

Detailed Solution & Logic

Correct Answer:

40%

Profit % =$ \frac{Profit}{CP} \times100 $
Profit on 5 chaies = $ 2x $
CP of 5 chairs = $ 5x $
लाभ/ Profit % = $\frac{2x}{5x} \times100=\frac{2}{5}\times100 $ = 40%

By selling 5 chairs for ₹1200, a carpenter gains the cost price of 2 chairs. The profit percent is:

Detailed Solution & Logic

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