Question
A seller marked an item above its cost price and allows a discount of 35% on it. On the discounted price, the seller charges a packaging price which is equal to 8% of the discounted price. If the seller sold the packaged item for Rs. 2,678, then find the marked price (in Rs.) of the item.
Solution
ATQ, Let the marked price be Rs. '9x'. Discounted price of the item = 0.65 Γ 9x = Rs. '5.85x' Net selling price = 1.08 Γ 5.85x = Rs. '6.318x' So, '6.318x' = 2678 Or, 'x' = (2678 / 6.318) = 424 Therefore, the marked price = '9x' = 9 Γ 424 = Rs. 3,816
More Profit and loss Questions
- A saree having cost price of Rs. 1500 is marked up by 50% above its cost price and sold after offering two successive discounts of 10% and 20% respectively...
- An article is marked 50% above its cost price and sold after successive discounts of 10% and 20% on the marked price. What is the profit percentage?
- A shopkeeper sells an article for 10% profit. If he buys it for 4% less and sells it for profit then he gets Rs. 10 more. What is the original cost price?
- Selling price of article βAβ when sold at a profit of 60% is Rs. 190 more than its selling price when sold at a loss of 16%. If the cost price of article β...
- A purchased an article for Rs 1300. She sold the article at 12% profit. She then added Rs 400 to the amount received and purchased a purse such that the se...
- A shopkeeper marks an item at Rs. 1200 and gives a discount of 15%. He still earns a profit of 20% on cost. Find the cost price.
- Cost of a gadget is Rs. (10n + 150). It is marked up by 60% and sold after deducting Rs. (5n + 100) as discount. If a profit of Rs. 1,200 is made, find the...
- A man purchases some number of apples at the rate of 36 apple for Rs. 1. How many for a rupee did he sell to gain 12.5%.
- A sold an article at 55% profit. If the profit earned had been 224% more, then the profit percentage would have been numerically equal to CP. Find the actu...
- A shopkeeper sells two articles. On one he gains 30% and on the other he loses 20%. The overall profit on both articles together is 10%. Find the ratio of ...