Mathematics
A man bought a certain number of chairs for ₹ 10000. He kept one for his own use and sold the rest at the rate ₹ 50 more than he gave for one chair. Besides getting his own chair for nothing, he made a profit of ₹ 450. How many chairs did he buy ?
Quadratic Equations
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Answer
Given,
Man bought a certain number of chairs for ₹ 10000.
Let no. of chairs bought be x.
∴ Cost of one chair = ₹
S.P. of each chair = ₹
Since, he kept one chair for himself so he sold (x - 1) chairs.
Given,
⇒ Profit = ₹ 450
⇒ S.P. - C.P. = ₹ 450
Since no. of chairs cannot be negative.
∴ x = 20.
Hence, no. of chairs bought = 20.
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