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?Solution
ATQ, Given: Necklace sold for Rs. 4000 at a 25% profit. Bracelet sold for Rs. 1200 at a 20% profit. Assumption: Cost price of the necklace = Rs.'n' and cost price of the bracelet = Rs.'b'. Calculation for the necklace 
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.
'INS Vikramaditya' is a/an-
Which two countries of Europe together are called 'Iberia'?
Ravi Mittal Has been recently appointed as the chairman of IBBI. when was it established?
World Health Day is celebrated every year on __________.
SHWAS and AROG schemes have been launched by which bank to help the sufferer with the required financial support in the fight against the COVID-19 pand...
For setting up TAFCUBs, in 2005 first MoU was signed with which state government?
Which of the following cities is not situated at the river bank of the Ganges?
Which of the following cities is not located near the Gulf of Khambhat?
India and Vietnam held their first joint military exercise 'VINBAX' in:
Which nation initiated the Chang'e-6 mission to gather samples from the moon's far side?
