SOLUTION: A carpenter undertakes to supply 2000 tables at Rs. 17.25 each. He estimates that if 10% are defective which will be sold at 50%, then the profit will be 15% on his whole outlay. W

Question 857370: A carpenter undertakes to supply 2000 tables at Rs. 17.25 each. He estimates that if 10% are defective which will be sold at 50%, then the profit will be 15% on his whole outlay. When the tables were supplied 70% of the tables were found defective. What loss did the carpenter incur ?
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
200*17.25/2=100*17.25=1725
1800*17.25=31050
31050+1725=32775
32775=1.15x
x=28500 was the outlay/sent
.30*2000*17.25=10350 received for good tables
.7*2000*17.25/2=.7*1000*17.25=700*17.25=12075 received for defective tables
12075+10350=22425 received
28500-22425=6075 loss

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