Question
Download Solution PDFRamesh purchases a table and a chair for Rs. 3,900. He sells the table at a profit of 8% and the chair at a profit of 16%. He earns a profit of Rs. 540. What is the difference between the original price of the table and the chair?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDF⇒ 8% of 3900 = 312
⇒ 16% of 3900 = 624
As per question,
⇒ 26 unit → 3900
⇒ 1 unit → 3900/26
⇒ Difference between the original price of the table and chair = 12 unit
⇒ Difference = (3900/26) × 12 = 150 × 12 = 1800
∴ The difference between the original price of the table and the chair is Rs. 1800.
Given:
Ramesh purchases a table and a chair for Rs. 3,900.
He sells the table at a profit of 8% and the chair at a profit of 16%.
He earns a profit of Rs. 540.
Concept used:
Profit = Cost Price × Profit%
Calculation:
Let the original price of the chair be Rs. Q.
Original price of the table = Rs. (3900 - Q)
According to the question,
Q × 16% + (3900 - Q) × 8% = 540
⇒ 16Q + 3900 × 8 - 8Q = 54000
⇒ 8Q = 54000 - 3900 × 8
⇒ 8Q = 22800
⇒ Q = 22800/8
⇒ Q = 2850
So, the original price of the table = 3900 - 2850 = Rs. 1050
Now, the price difference between the chair and table = 2850 - 1050 = Rs. 1800
∴ The difference between the original price of the table and the chair is Rs. 1800.
Last updated on Jun 13, 2025
-> The SSC CGL Notification 2025 has been released on 9th June 2025 on the official website at ssc.gov.in.
-> The SSC CGL exam registration process is now open and will continue till 4th July 2025, so candidates must fill out the SSC CGL Application Form 2025 before the deadline.
-> This year, the Staff Selection Commission (SSC) has announced approximately 14,582 vacancies for various Group B and C posts across government departments.
-> The SSC CGL Tier 1 exam is scheduled to take place from 13th to 30th August 2025.
-> Aspirants should visit ssc.gov.in 2025 regularly for updates and ensure timely submission of the CGL exam form.
-> Candidates can refer to the CGL syllabus for a better understanding of the exam structure and pattern.
-> The CGL Eligibility is a bachelor’s degree in any discipline.
-> Candidates selected through the SSC CGL exam will receive an attractive salary. Learn more about the SSC CGL Salary Structure.
-> Attempt SSC CGL Free English Mock Test and SSC CGL Current Affairs Mock Test.
-> Candidates should also use the SSC CGL previous year papers for a good revision.