Question
A person earn 18% profit on the marked price. If he
quadruple the marked price but gave 40% discount on the new marked price then how much percentage of profit did he gain?Solution
Let the marked price = Rs. 100x then profit = 18% of 100x = Rs 18x
Cost price = 100x – 18x = Rs 82x
New marked price = 100x × 4 = Rs 400x
Selling price = (100 – 40) % of 400x = 60% of 400x = Rs 240x
The reqd. profit % = (240x – 82x)/82x × 100 = 193% ( approx )
More Profit and loss Questions
Which of the following is a key challenge in sales and distribution management for Agribusinesses?
Which of the following selenium form is selenite?
(a) Se2–
(b) SeO–
(c) SeO23–
...
Irrigation method suitable for maize
When fishes are reared along with plants, plants filtering water for the fishes and fishes provide organic matter to the plants, it is called as ____
Which soil-forming process involves the removal of silica and concentration of sesquioxides?
The Chairman of APEDA is appointed by ______
Which one of the farming system where farmers move seasonally with their herd?
The word "Agronomy" has originated from.....................?
Which is not a short day plant?
Laterization is prominent in which climate?
Relevant for Exams:
