Question
A marked an article 60% above its cost price and when he
allows ‘X’% discount, he makes a profit of ________% and when he allows ‘1.5X’% discount, he make a profit of ________%. Find which of the following value/s comes in place of blank respectively. (i) 28, 12 (ii) 36, 24 (iii) 47.2, 40Solution
Let cost price be Rs.100a Marked price = 100a×160/100=Rs.160a From (i) Profit percent when he allows X% discount = 28% So, selling price = 100a×128/100=Rs.128a Value of X = (160a-128a)/160a×100=20% When he allows 1.5X% discount so, discount percentage = 1.5×20=30% New selling price = 160a×70/100=Rs.112a New profit percentage = (112a-100a)/100a×100=12% So, (i) is possible to fill the both respective fillers From (ii) Profit percent when he allows X% discount = 36% So, selling price = 100a×136/100=Rs.136a Value of X = (160a-136a)/160a×100=15% When he allows 1.5X% discount so, discount percentage = 1.5×15=22.5% New selling price = 160a×((100-22.5))/100=Rs.124a New profit percentage = (124a-100a)/100a×100=24% So, (ii) is possible to fill the both respective fillers From (iii) Profit percent when he allows X% discount = 47.2% So, selling price = 100a×147.2/100=Rs.147.2a Value of X = (160a-147.2a)/160a×100=8% When he allows 1.5X% discount so, discount percentage = 1.5×8=12% New selling price = 160a×((100-12))/100=Rs.140.8a New profit percentage = (140.8a-100a)/100a×100=40.8% So, (iii) can’t fill both respective fillers So, both (i) & (ii)
Recently which of the folloiwng private sector insurance firm launched first-of-its-kind insurance solution, the technology backed farm yield insurance ...
Recently Hindustan Aeronautics Limited has signed an MoU for establishing an office in ?
According to The UN trade and development body UNCTAD in India, 7.3 per cent of the population owned digital currency in 2021 and is ranked _________ in...
The ASEANIndia Fellowship for Higher Education in agriculture and allied sciences was launched in 2024. What are the key features of this fellowship, an...
During April June 2024, net Foreign Direct Investment (FDI) in India rose significantly. Which sectors accounted for 80% of the gross FDI inflows, and h...
Pradhan Mantri Sukanya Samriddhi Yojana (PMSSY) is-
Which of the following sectors is a major focus of the PM Vishwakarma Scheme, particularly in terms of promoting skill development and employment?
The International Solar Alliance (ISA), an initiative aimed at promoting solar energy, was founded in partnership by India and which other country?
Which Software company has integrated its e-commerce platform with the government’s e-commerce project Open Network for Digital Commerce (ONDC) as a t...
Which of the following products was the first from Nagaland to get GI TAG?