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Solutions
Let the cost price of chair and stool be Rs. x and Rs. y per unit
Cost of 4 chairs and 9 stools = Rs. 1340
⇒ 4x + 9y = 1340 ---- 1
Profit = Profit%/100 × CP
⇒ Profit he makes = 10/100 × 4x + 20/100 × 9y
⇒ 188 = 0.4x + 1.8y
⇒ 10 × 188 = [0.4x + 1.8y] × 10
⇒ 1880 = 4x + 18y
⇒ 1880 = 4x + 9y + 9y
⇒ 1880 = 1340 + 9y
⇒ 9y = 540
y = 60, Substituting in equation 1
⇒ 4x + 540 = 1340
∴ x = Rs. 200
∴ Amount he spends for chairs = 4x = Rs. 800