Question
Sita purchased 10 books, 15 diaries, and 20 folders for
Rs. 500, Rs. 1200, and Rs. 1000, respectively, from a seller. By selling each book and each diary, the seller made a profit of ‘e%’ and ‘f%’, respectively, such that f = 3e. Find the profit earned by the seller on selling all the folders given the condition that the cost price of a diary, a book, and a folder is the same.Solution
According to the question Let the cost price of each book, each diary, and each folder be Rs. ‘z’ Selling price of each book = (500/10) = Rs. 50 Selling price of each diary = (1200/15) = Rs. 80 According to the question, (50–z)/z×100 = e…… (I) Also, (80–z)/z×100 = f…… (II) Use the given relationship [f = 3e] Dividing equation (I) by (II), we get 3(50 − z)=80 − z 150 − 3z = 80 − z 150 − 80 = 3z − z 70 = 2z z = (70/2) = 35 Cost Price of All Folders: Cost price of one folder = Rs. 35 Cost price of all 20 folders = Rs. 35 × 20 = 700 Calculate the Profit Earned on Selling All Folders: Selling price of all 20 folders = Rs. 1000 Profit = Selling price - Cost price = Rs.1000 − 700 = 300 The profit earned by the seller on selling all the folders is Rs. 300.
What is the monthly pension amount under the NSAP - Old Age Protection?
In a certain code language, 'FUEL' is written as '50' and 'JEER' is written as '44'. How will 'FARE' be written in that language?
Consider the following statements about removal of High Court Judge:
1. The details of process of impeachment of high court judge is given in ...
Who is covered under the definition of "worker" under the Code on Industrial Relations, 2020?
According to the Social Security Code, 2020, the employer's contribution to the deposit-linked insurance fund set up under the insurance scheme should n...
Which of the following options is incorrect about the “Charter of Freedom of Labour”?
What is the demand curve for a Giffen good?
In which of the following cases did the Supreme Court hold that the right to vote is a statutory right and not a fundamental right?
Which of the following is an example of cloud computing?
What is the name of the position in which Earth and Sun are nearest?