Question
Ramesh purchased 7 chairs, 14 tables, and 21 lamps for
Rs. 210, Rs. 700, and Rs. 630, respectively, from a seller. By selling each chair and each table, the seller made a profit of ‘g%’ and ‘h%’, respectively, such that h = 5g. Find the profit earned by the seller on selling all the lamps given the condition that the cost price of a table, a chair, and a lamp is the same.Solution
According to the question Let the cost price of each chair, each table, and each lamp be Rs. ‘w’ Selling price of each chair = (210/7) = Rs. 30 Selling price of each table = (700/14) = Rs. 50 According to the question, (30–w)/w×100=g…… (I) Also, (50–w)/w×100=h…… (II) Dividing equation (I) by (II), we get (30–w)/(50–w)=g/h Or, (30–w)/(50–w)=g/5g Or, 150w–5w=50–w Or, 4w=50 Or, w=12.5 Therefore, the cost price of all the lamps = Rs. 21w = Rs. 262.5 Required profit = 630 – 262.5 = Rs. 367.5
Ratio of MP and SP of an article is 5:3 and the article is sold at 20% profit. Find cost price of article, if the selling price is 100 more than its CP?
Ankita sold a cycle for Rs. 17,600 after offering a 12% discount, earning a profit of 10%. Determine the profit percentage if no ...
The shopkeeper sold the earrings at the profit of 25% and the cost price of earrings is Rs.3600. He earns x% profit on bracelet costing Rs.3000. If the ...
A saree having cost price of Rs. 2700 is marked up by 40% above its cost price and sold after offering two successive discounts of 10% and 20% respectiv...
The cost price of two articles is same. One article is sold at 20% profit and another at 10% loss. If the selling price of one article is Rs. 999 more t...
Riya purchased a mobile phone for Rs. 18,500 and sold it for Rs. 21,275. What is the profit percentage she gained?
A bookshop owner sold a novel after offering two successive discounts of 12% and 10%, respectively, such that he earned a profit of 25%. Find the cost p...
Profit earned on selling an item for Rs. 4,060 is 16%. Suppose the seller wants to earn 42% profit, then determine the price at which the item should be...
- The cost price of a table and a chair are Rs. 2,000 and Rs. 800, respectively. The shopkeeper marked up the prices by 20% on the table and 25% on the chair...
A shopkeeper marked an article ‘A’ 25% above the cost price and sold it for Rs. 7056 after giving a certain discount while he sold an articl...
Relevant for Exams:
