Question

A person sold a chair at a profit of 13%. Had he sold it for Rs. 607.50 more, he would have gained x%. If the cost price of the chair is Rs. 3750, then the value of x is:

• A. 30
• B. 28.4
• C. 29.2
• D. 32

Answer 1

Answer:

C. 29.2

CP of the chair = 3750 Profit percentage if profit is 607.50 = [607.50/3750] × 100 = 16.2% Value of x = 13% + 16.2% = 29.2%