A person buys 5 tables and 9 chairs for Rs. 15400. He sells the tables at 10% profit and chairs 20% profit. If his total profit on selling all the tables and chairs is Rs. 2080, what is the cost price of 3 chairs?
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Rs. 1890
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Rs. 1740
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Rs. 1800
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Rs. 1860
C
Correct answer
Explanation
Let T be the cost of one table and C be the cost of one chair. From the problem: 5T + 9C = 15400. The profit equation is 10% of tables plus 20% of chairs: 0.5T + 1.8C = 2080. Solving these simultaneously gives C = 600. Therefore, 3 chairs cost 3 × 600 = Rs. 1800. Option C is correct.