Question
The ratio of cost price to the marked price of an
article is 5:8. The article had been marked above its cost price by Rs. 270. If the article was sold at a discount of Rs. 180, then find the profit/loss percentage incurred.Solution
Let the cost price and marked price of the article be Rs. 5x and Rs. 8x, respectivelyAccording to the question,8x – 5x = 270Or, x = 90Therefore, cost price of the article = 5x = Rs. 450Marked price of the article = 8x = Rs. 720Selling price of the article = 720 – 180 = Rs. 540Required profit percentage = {(540 – 450)/450} × 100 = 20%
More Approximation Questions
- Determine the final value of this expression:
(1/5) of {5⁴ - 24 × 14 + 12 × 18 - 10.5 of 10²} 3% of 842 ÷ 2% of 421 = ?
√225 + 27 × 10 + ? = 320
- Determine the value of ‘p’ if p = √529 + √1444
45 % of 180 + √144 * 8 = ?2 + 70 % of 80
Determine the value of 'p' in following expression:
720 ÷ 9 + 640 ÷ 16 - p = √121 X 5 + 6²- 7?2 = √20.25 × 10 + √16 + 32
- What will come in place of the question mark (?) in the following questions?
(2⁴ + 6²) ÷ 2 = ? 18(1/3) + 9(2/3) – 10(1/3) = 1(2/3) + ?
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