A dealer buys 50 chairs for Rs50000 but 20 of them are damaged .He decides to sell each damaged on at three-fourth the price of the normal one. What should this price be in order that he may a profit of 35% on the whole transaction.

Explanation

To solve the problem step by step, let's break it down:

### Step 1: Calculate the Cost Price of One Chair
The dealer buys 50 chairs for Rs. 50,000.

**Cost Price (CP) of one chair** = Total Cost / Number of Chairs
= Rs. 50,000 / 50
= Rs. 1,000
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