Question
Remi earns a profit of 20% on selling an article at a
certain price. If she sells the articles for ₹. 8 more, she will gain 30%. What is the original cost price of 16 such articles?Solution
Let the C.P. of an article be Rs. x. According to the question, 120% of C.P. + 8 = 130% of C.P. ⇒ 130% of x – 120% of x = 8 ⇒ 10% of x = 8 ⇒ 10/100 × x = 8 ⇒ x = 80 Original C.P. of 16 article = 16x ⇒ Required C.P. = 16 × 80 ⇒ Required C.P. = Rs. 1280 ∴ The original cost price of 16 such articles is Rs. 1280
How much tax devolution has the Centre released to states to boost capital expenditure and welfare activities?
Which scheme was launched for the welfare of workers in the unorganized sector who are not members of the EPFO or ESIC?
Why is the African Union planning to launch a new African credit rating agency?
Which category saw a 33.18% increase in remittances under India’s LRS in August 2024?
With reference to the Fundamental Rights, consider the following statements:
1. The rights under Article 15 and Article 16 can be enforced agains...
E-crop, a crop simulation model-based device, was developed by which one of the following institutes?
How many approaches has Google incorporated to enhance image understanding and counter misinformation online?
In which state was the country's 'first' toy train to run on CNG inaugurated?
Micron Technologies has started the construction of its semiconductor packaging plant in Gujarat.Which engineering company has been given the task of bu...
When was Oriental Insurance Company Limited (OICL) incorporated?
