Question
The profit gained from selling a product for Rs. 9,500
equals the loss when the product is sold for Rs. 6,300. If the cost price of the product had been Rs. 2,000 less and it had been sold for a profit of 20%, then what would have been the new selling price?Solution
ATQ, Let the cost price of the product be Rs. 'y'. Profit earned = Rs. (9500 - y) Loss incurred = Rs. (y - 6300) According to the initial condition, 9500 - y = y - 6300 Or, 2y = 15800 Or, 'y' = (15800 / 2) = 7900 New cost price of the product = 7900 - 2000 = Rs. 5,900 Required selling price of the product at 20% profit = 1.20 × 5900 = Rs.7,080
The cost price of article A and B is Rs. ‘X’ and Rs. (X + 900), respectively. Article A is sold at 20% profit while article B is sold at 10%...
Ratio of the cost price of article ‘A’ to ‘B’ is 2:5, respectively. Article ‘A’ is marked up by 28% above its cost price and then sold at a ...
The sum of the cost prices of two articles, 'G' and 'H', is Rs. 600. Both articles are marked up by 55%, whereas the marked price of article 'H' is Rs. ...
Meera purchased 10 dozens of apples, which cost Rs. 90 per dozen. She sold 6 dozens of apples at Rs. 108 per dozen. At what rate per dozen did she sell ...
Neha purchased a bicycle for Rs. 8,000 and sold it to Heena, making a profit of 12%. Heena then spent Rs. 640 on repairs and sold the bicycle to Tina, e...
A shopkeeper sold an article after offering two successive discounts of 21% and 25%, respectively. The marked price of the article is Rs. 2300. If the c...
The marked price of a blender is Rs. 800. The shopkeeper sold the blender at a 15% discount and earned a profit of Rs. 120. If the cost price of a juice...
Train X running at a speed of 30 km/hr crosses train Y in 16 seconds. Find the speed of train Y (in km/hr), if the sum of the length of train X and Y is...
A purchased an article for Rs 3500. She sold the article at 12% profit. She then added Rs 500 to the amount received and purchased a purse such t...
- A shopkeeper gave two successive discounts on an item after the item was marked up 75%. After selling the item at Rs.756 profit percent earned is 18.125%. ...
Relevant for Exams:
