Question
A jeweler sells a necklace for Rs. 4000 with a 25% profit and a bracelet for Rs. 1200 with a 20% profit. If the necklace is sold for Rs. 3500, what is the minimum price at which he must sell the bracelet to not incur a loss?
Calculation for the bracelet : 
If the necklace is sold for Rs.3500, the loss = 3200−3500=−300. Total cost = 3200+1000 = 4200. To avoid any loss = 3500+p = 4200 ⇒ p = 700 He must sell the bracelet for at least Rs.700 to avoid any loss.More Profit and loss Questions
- A shopkeeper marked an article ‘A’ 50% above the cost price and sold it for Rs. 9072 after giving a certain discount while he sold an article ‘B’ for Rs. 1...
- A shopkeeper sold an article for Rs. 200 after offering a discount of 20%. If he earned a profit of 60%, then find the ratio of cost price to the marked pr...
- Cost price of an article is Rs. (6p + 240). It is marked 50% above its cost price and sold after allowing a discount of 'k%'. If the profit earned is (k - ...
- 'A' purchased an article and sold it to 'B' at 10% profit. 'B' marked it up by 27% above the price at which 'A' has purchased it and then sold it after giv...
- A shopkeeper sold an article after giving a discount of 20% and made a profit of Rs. 50. Find the marked price of the article if cost price of the article ...
- The marked price of two items, 'S' and 'R,' is identical. Item 'S' is sold with a single discount of 18%, while item 'R' is sold with two successive discou...
- By selling 18 table fans for Rs 11,664 a man incurs a loss of 10%. How many fans should be sold for Rs.17,424 to earn 10% profit?
- A trader marked an article 20% above its cost price and sold it after allowing a discount of 15%. If the transaction resulted in a profit of Rs. 22, then f...
- A grocer buys 5 kg of sugar at Rs. 180 per kg. While selling, he uses a faulty weight that shows 1150 grams instead of 1000 grams but claims to sell it at ...
- The average cost price of articles 'M' and 'N' together is Rs. 500 where the cost price of article 'N' is Rs. 100 more than that of article 'M'. If article...
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
