The question consists of two statements numbered “I and II” given below it. You have to decide whether the data provided in the statements are sufficient to answer the question.
Find the cost price of watch.
Statement I : If MRP of the watch Rs. 360 above the cost price and 10% discount is given, then profit is 8%.
Statement II : If watch is sold on profit of 12%, then difference between sale price and cost price is equal to Rs. 216.
From Statement I: Let CP = 100x MP = 100x + 360 Given that, 10% discount given so, MP = 90x + 324, which is equal to 8% profit Therefore, 108x = 90x + 324 x = 18 So, CP = Rs. 1800 From Statement II: Given that, SP – CP = 216 12% = 216 100% = 1800 So we can find the answer from either I or II statements.
By selling 72 articles, a loss equal to the selling price of 8 articles was incurred. What is the loss percentage?
If an article is sold at 25% discount at mark-price then loss percent is 10%. If the article is sold at marked price then what will be profit or loss pe...
A shopkeeper purchased two articles, P and Q at Rs 200 each. He sold article P and Q at a profit of Rs 40 and Rs 50 respectively. He also offered a disc...
A shopkeeper planned to sell 150 shirts each priced at Rs 1,250 in a particular year. Each shirt, if it had been sold at the mentioned price would have ...
One article is sold at 15% profit while other is sold at 5% loss such that the difference between their selling prices is Rs. 130. If the cost price of ...
The difference between the cost price and sale price of an article is Rs.450 and the profit is 25%. Find the selling price.
If the price of rice has increased from Rs 40 per kg to Rs. 60 per kg, by how much percent a person has to decrease his consumption so that his expendit...
Tarun bought a Toaster for Rs. 24000. After one year he sold it to Lalit at 10% less of his cost price. Lalit spends extra Rs. 400 for its repair. And ...
A, B and C enter into a partnership, A invest 6X + 15000, B invest 3X + 1000 and C invest X + 8000 for one year if B share is 4000 from total profit of ...
The profit earned after selling an article for Rs.1516 is the same as loss incurred after selling the article for Rs.1012. What is the cost price of the...
