Question
A shopkeeper bought two articles for Rs. 200 each. If he sold one of them at 40% profit and the other at 25% loss, then find the difference between the selling prices of both the articles.
Solution
Selling price of one of the articles = 200 Γ 1.4 = Rs. 280 Selling price of the other article = 200 Γ 0.75 = Rs. 150 Required difference = 280 β 150 = Rs. 130
More Profit and loss Questions
- A retailer listed a watch at Rs. 600 and provided successive discounts of 10% and 20%. After all discounts, if his profit was Rs. 36, what was the cost pri...
- After selling 24 kg of milk powder, Varun suffered a loss equal to the selling price of 6 kg of milk powder. If he purchased the total milk powder for Rs. ...
- If cost price = βΉ250 and discount = 20 % on marked price to get 10 % profit, find marked price.
- A dishonest seller, at the time of selling and purchasing uses weight 22% less and 30% more per kg respectively. Find the approx. percent profit earned by ...
- A trader marks his goods 50% above cost price. During a festival sale he offers a discount of 20% on the marked price and still makes a profit. If instead ...
- A dishonest shopkeeper pretends to sell his goods at cost price but uses false weights and gains 25%. For a weight of 1 kg he uses:
- A product was initially marked up by 62.5% above its cost price. After being offered discounts of 10% and 15% successively, it sold for Rs. 1989. Determine...
- Rohit bought a sofa and marked its price 65% more than the cost price. After offering a 25% discount, he sold it for Rs. 2600. What would be the selling pr...
- By selling 52 metres of rope, one gain the selling price of 27 metres. Find the gain percent.
- The shopkeeper sold the earrings at the profit of 15% and the cost price of earrings is Rs.4200. He earns x% profit on bracelet costing Rs.3500. If the ove...