Answer:
25 chairs
Step-by-step explanation:
If 40 chairs are bought for Rs 10000 then how many chairs must be sold for Rs 10000 so as to gain 60%?
The percent gain = 60%
Number of chairs to be sold = x
Hence:
40 chairs = 10,000
60/100= 40 - x/x × 100
0.6= 40 - x/x
Cross Multiply
0.6x = 40 - x
0.6x + x = 40
1.6x = 40
x = 40/1.6
x = 25 chairs
