Contact Style About

Kavya decided to buy new furniture. She sold one chair and a table, both

at the same price of Rs. 4000 each. Interestin

By Jasmine

Kavya decided to buy new furniture. She sold one chair and a table, both

at the same price of Rs. 4000 each. Interestingly, she made neither a profit nor a loss from this

sale. If she sold the chair at profit of 25% then how much loss did she sell the table at?

Options:

(a) 16%
(b) 16.66%

(c) 16.33%

(d) 18.66%​

About the author
Jasmine

Give the definition of cooperative society
as per the Indian Cooperative Societies Act 1912.
State any two characteristi

On the occasion of Van Mahotsav function in ABC International School, a tree

plantation drive has been organised. As t

1 thought on “Kavya decided to buy new furniture. She sold one chair and a table, both<br /><br />at the same price of Rs. 4000 each. Interestin”

  1. Answer:

    16.66% approximately

    Step-by-step explanation:

    She made neither profit nor loss on the sale.. So, The buy price = 8000 totally

    Selling price for chair = 4000 with profit of 25%

    So, Selling price = 4000= 1.25* Buy price

    Buy price = 4000/1.25 = 3200

    So, Total buy price of Chair and table = 8000

    3200+Buy price of table = 8000

    buy price of table = 8000-3200 = 4800

    So, Sold price = 4000

    Loss = 4800 -4000 = 800

    Loss percentage = 800/4800 = 16.66%

    Reply

Leave a Comment