Question
A started a business with an investment of Rs 16,000.
After 2 months B joins in with 5/8 of the amount that A invested and A withdraws Rs 4,000. After 2 more months, C joins with Rs 12,000 and A again withdraws Rs 2,000. After an year, If C received Rs 3,120 as his share then what was the total profit?Solution
Ratio equivalent capitals of A, B and C for 1 year = (16,000×2+ 12,000×2+10,000×8) : ( 5/8× 16,000 ×10)∶(12,000×8) = (32,000+24,000+80,000) ∶1,00,000∶96,000 = 1, 36, 000 : 1,00,000 : 96,000 = 136 : 100 : 96 = 34:25:24 If the total profit at the end of the year be Rs x, then 24x/((34+25+24)) = 3,120 ⇒ 24x = 3,120 × 83 ⇒ x = (3,120 ×83)/24 = Rs 10,790
An article is priced 25% higher than its cost price and is sold at a discount of 10% on the marked price. If the profit made from the sale is Rs. 50, de...
A fruit seller sells mangoes at a profit of 20%. If he had bought them at 10% less and sold them for ₹3 less per mango, he would have gained 25%. Find...
A manufacturer produces an item at a cost of Rs. 1200 per unit. Fixed costs are Rs. 60000, and he sells the item at Rs. 2000 per unit. How many units mu...
A man buys 15 identical articles for a total of ₹15. If he sells each of them for ₹1.23, then his profit percentage is:
P purchased a book from registered store and gets 12% discount while Q purchased the same book from a roadside stall and got 18% discount. If Q paid Rs....
- Arjun sold two items for Rs. 990 each, one at 10% profit and other at 10% loss. Determine his overall profit/loss % from the whole transaction
A chair listed at 550 is available at successive discounts of 25% and 10%. The selling price of the chair is
A shopkeeper purchased an article for Rs. ‘a’ and marked it 135% above its cost price and sold it after giving two successive discounts of 200 and 2...
- A trader purchases an article for Rs. 2,600. It is marked at 20% above cost price and then sold after offering a discount of Rs. 200. Determine the profit ...
The purchasing price of 275 articles is equal to the selling price of 250 articles. Find the profit/loss%.