Question
A bookstore owner earns 15% profit by selling a book for Rs. 230 and a 25% profit by selling a magazine for Rs. 250. If he sells the book for Rs. 200, what is the minimum price at which he must sell the magazine to avoid any loss on the entire transaction?
Calculation for magazine: 
If the book is sold for Rs. 200, the loss on the book = Rs. 0 (no profit, no loss). Total cost = 200+200 = 400. To avoid any loss = 200+p= 400 ⇒ p = 200 Therefore, he must sell the magazine for at least Rs.200 to avoid any loss.More Profit and loss Questions
- A trader marks an article 60% above its cost price. During a sale, he gives a discount of 15% on the marked price and still makes a profit of Rs 360 on the...
- Two identical items are sold for Rs.200 each, with 10% gain on one but 10% loss on the other. What is the net percentage loss or gain?
- The cost price of 25 mangoes is Rs.210. Because of bad quality of mangoes, the shopkeeper has to sell mangoes at a loss that is equal to selling price of 5...
- A man bought 18 glasses for Rs.12 and sold 12 glasses for Rs 18. What is the profit percent?
- A shopkeeper marks the price of an article 40% above its cost price and then allows a discount of 25% on the marked price. What is his profit or loss perce...
- A shopkeeper purchases rice of two varieties ‘A’ and ‘B’ at Rs. 30 per kg and Rs. 21 per kg respectively. He mixes 1 kg of variety ‘A’ rice with 2 kg of va...
- A shopkeeper marks his goods 40% above the cost price and then offers successive discounts of 10% and 15% on the marked price. What is his overall profit o...
- The sum of the cost prices of two articles, 'C' and 'D', is Rs. 480. Both articles are marked up by 60%, whereas the marked price of article 'D' is Rs. 120...
- 25 kg of rice ‘A is purchased for Rs. 4/kg while 30 kg of rice ‘B’ is purchased for Rs. 10/kg. If the mixture of the both types of rice is sold at Rs. 10/k...
- An article has marked price Rs 2500. A shopkeeper gives successive discounts of 12% and 5%. Find (i) selling price, (ii) effective discount %.
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
