Question
'C' sells a laptop at a profit of 50%. Had the profit
percentage earned on selling the laptop been numerically equal to the cost price of the laptop, then the profit earned on selling the laptop now would have been 500% more than previously. Find the actual cost price of the laptop.Solution
ATQ, Let the actual cost price of the laptop be Rs. '100x'. Therefore, selling price of laptop = Rs. '150x' (since profit is 50%). Therefore, profit earned = 150x - 100x = Rs. '50x'. New profit earned = 6 x 50x = Rs. '300x' (since the profit is 500% more). According to the question, 
Or, x = 3. Therefore, the actual cost price of the laptop = 100x = 100 x 3 = Rs. 300.
Which Indian-American has been appointed as Tesla's new Chief Financial Officer?
The outermost covering of the cell that separates the contents of the cell from its external environment is called ______.
Where was the winter capital of Katyuris Rulers?
Consider the following statements about Sub-Neptune planets:
1. Recently, astronomers have identified six sub-Neptune planets orbiting in a rare ...
When is International Literacy Day observed every year?
How many women will be selected for the EmpowHER Biz initiative under the WEP of NITI Aayog?
According to the census 2011, which of the following state has the maximum population growth rate?
The term Virovore is sometimes mentioned in News. Which of the following correctly define the given term:
Recently which country has announced the latest test of the Minuteman-III intercontinental ballistic missile?
Where is the first ‘Niveshak Shivir’ being launched by IEPFA and SEBI?
Relevant for Exams:
