The dealer should charge $ 210 for the chair if he wants the percentage profit to be the same on both the items.
Given that a dealer buys a chair and a table at $ 200 and $ 500 respectively, and for selling, he marks the table at $ 525, to determine what price he should ask for the chair if he wants the percentage profit to be the same on both the items, the following calculation must be performed:
- 500 = 100
- 525 = X
- 525 x 100/500 = X
- 105 = X
- 100 = 200
- 105 = X
- 105 x 200/100 = X
- 210 = X
Therefore, the dealer should charge $ 210 for the chair if he wants the percentage profit to be the same on both the items.
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