Question
A merchant earned a profit of Rs. 75 on the selling
price of a sweater that cost the merchant Rs. 450. Quantity I. The profit expressed as a percentage of the cost to the merchant. Quantity II. The profit expressed as a percentage of the selling price. Study the following information carefully and answer the Questions given below:Solution
Quantity I. % profit on the cost price = 75/450× 100 = 1/6× 100 = 162/3 % Quantity II. Selling price = 450 + 75 = 525 % profit on the selling price = 75/525× 100 = 14 2/7 % Hence, Quantity I > Quantity II
- 'A' started a business with Rs. 9,600. After 5 months, 'A' reduced his investment by Rs. 2,400 and 'B' joined the business with Rs. 11,200. At the end of 1...
The sum of the incomes of 'P', 'Q', 'R' together is Rs. 24000. 'P', 'Q' and 'R' spend 60%, 70%, and 65% of their respective incomes such that the ratio ...
A&B started a business together with a total investment of Rupees 24,000 such that investment made by B rupees 8000 less than that by A. After four mont...
‘A’ and ‘B’ started a business by investing Rs. 15000 and Rs. 12000, respectively. 6 months later, ‘C’ joined them with an investment equal ...
A started a business with an investment of Rs.2400. After some months, B joins the business with an investment of Rs.7200 and after two more months C jo...
Pawan and Qureshi began a business with their investments in the ratio of 8:9. The time periods for their investments were in the...
Akshay and Akhil invest in a business in the ratio 4:1. If 10% of the total profit goes to charity and Akshay's share is Rs. 864.Then find the total pro...
‘A’, ‘B’ and ‘C’ started a business by investing Rs. 3200, Rs. 4800 and Rs. 2400, respectively. After 4 months, ‘B’ left and ‘A’ and...
A, B, and C invest Rs 18,000, Rs 24,000, and Rs 30,000 respectively in a venture. The annual profit of Rs 36,000 is distributed such that C takes Rs 6,0...
A started a business with an initial capital of Rs. 10,000. After 3 months, B joined the business with a capital that is x% of A’s initial capital. At...
Relevant for Exams:
