If the cost price of a certain object doubles, then the loss gets tripled of what it was initially. The initial loss % was ?

Let the cost price be x and selling price be y.

Loss = x – y

When the cost price doubles, the loss gets tripled.

So it becomes like this, 2x – y = 3(x-y)

=> x = 2y

Loss % = (loss/ C.P)× 100 = [(2y-y)/2y]× 100 = 50 %

- The cost price of article A and B is Rs. ‘X’ and Rs. (X + 480), respectively. Article A is sold at 20% profit while article B is sold at 10% loss. If selling price of article B is Rs. 90 more than that of article A and article B is sold after giving a discount of 10%, then find the marked price of article B.
- After selling 20 pens, a Shopkeeper earn a profit of the selling price of 6 books. While selling 20 books, a shopkeeper losses a selling price of 8 pens. The numerical value of the Profit and loss % is equal and the Cost price of pen is half the cost price of the book. Find the ratio of selling price of pen to book?
- Kapil and Samar sold their horses at Rs 2,420 each but Kapil incurred a loss of 20%, while Samar gained 10%. What is the ratio of the cost price of the horses of Samar to that of Kapil?
- A shopkeeper marked an article Rs. 850 above its cost price and sold it after giving a discount of 30% and earned a profit of 20%. Find the cost price of the article
- A purchased an article for Rs 1560. She sold the article at 10% profit. She then added Rs 325 to the amount received and purchased a purse such that the seller of purse gained 25%. Find the cost price of purse for the seller.
- The ratio of the cost price and marked price of an article is 4:9, respectively. The article is sold after giving a discount of Rs. 700 such that there is a profit of 55%. Find the amount by which the article is marked up above its cost price.
- A shopkeeper bought an article and marked it at Rs. 250. By selling the article at a discount of 4%, he earns a profit of 20%. Find the cost price of the article.
- Mr. Joseph makes 1800 articles at a cost of 40 paise/article. He fixed the selling price such that if only 1000 articles are sold, he would have made profit of 50% on the outlay. However, 500 articles get spoilt and he was able to sell 1300 articles at this price. Find his actual profit percent as the percentage of total outlay assuming that the unsold articles are useless?
- A person earn 25% profit on the marked price. If he tripled the marked price but gave 40% discount on the new marked price then how much percentage of profit did he gain?
- A seller marked his article 75% above the cost price and sold it after offering two successive discounts of 60% and 25% respectively. In the whole transaction the seller lost Rs. 855. Find the selling price of the article.

More Profit and loss Questions

×