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in Profit and Loss by (95.5k points)
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A man buys 4 tables and 5 chairs for ₹1000. Ifhe sells the tables at 10% profit and chairs 20% profit, he earns a profit of ₹ 120. What is the cost of one table?
A. ₹200
B. ₹220
C. ₹240
D. ₹260

1 Answer

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Best answer
Correct Answer - A
Overall profit `= (120)/(1000) xx 100% = 12%`
`therefore` by method of alligation-
image
`therefore` In 1000 ₹
Price pf 4 tables `= (4)/(4+1) xx 1000= 800 ₹`
`therefore` Price of 1 table = 200 ₹

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