A trader buys a chair for ₹200, sells it at a 10% profit, and then the buyer sells it again at a 15% profit. What is the final selling price?
₹253
The trader buys the chair for ₹200 and sells it at 10% profit.
First selling price \(= 200 \times 1.10 = 220\), so the buyer pays ₹220.
The buyer then sells it at a 15% profit on ₹220.
Final selling price \(= 220 \times 1.15 = 253\).
Hence, the final selling price is ₹253.
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