Question

Sachin sold 152 chairs and had a gain equal to the selling price of 52 chairs. What is his profit percentage?

• A. 47%
• B. 62%
• C. 52%
• D. 57%

Answer 1

Answer:

C. 52%

Let the selling price per chair = ₹1 unit (assumption for simplicity).

Given:

Number of chairs sold = 152

Total selling price = 152

Gain = selling price of 52 chairs = 52

Find total cost price
Cost Price=$\text{Selling Price} - \text{Gain}$
$= 152 - 52 = 100$
Calculate profit percentage
Profit %=$\frac{\text{Gain}}{\text{Cost Price}} \times 100$
$= \frac{52}{100} \times 100$
= 52%