A shopkeeper bought 25 chairs from a manufacturer for Rs 37,500 and sold them at a profit equal to selling price of 5 chairs. The selling price of one chair is:

Question

Accepted Answer

A: Rs 1875

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A shopkeeper bought 25 chairs from a manufacturer for Rs 37,500 and sold them at a profit equal to selling price of 5 chairs. The selling price of one chair is: