Question
The profit earned by selling an article for Rs. 7,000 is
2/5th the loss incurred on selling the same article for Rs. 4,500. Find the selling price of the article if the article is sold at a profit of 55%.Solution
ATQ, Let the cost price of the article be Rs. 'C'. Profit earned = Rs. (7,000 - C) Loss incurred = Rs. (C - 4,500) ATQ; 7,000 - C = (2/5) X (C - 4,500) Or, 5 X (7,000 - C) = 2 X (C - 4,500) Or, 35,000 - 5C = 2C - 9,000 Or, 7C = 44,000 So, 'C' = 6,285.71 Required selling price = (155/100) X 6,285.71 = Rs. 9,743.43
The diameter of a circular field is equal to the side of a square field. If the total cost of fencing the circular field is Rs. 374 at the rate of R...
If an article is sold at 25% discount at mark-price then loss percent is 10%. If the article is sold at marked price then what will be profit or loss pe...
The cost price of 6 chocolates and 4 biscuits amounts to Rs. 6,960. Additionally, the cost price of 5 chocolates and 7 biscuits totals Rs. 8,880. Each c...
By selling 72 articles, a man suffers a loss of the selling price of 9 articles. Find the loss percentage.
A shopkeeper bought oranges at 7 for a rupee and sold them at a gain of 40%. How many oranges for a rupee did he sell?
Find the cost of manufacturing each article if a manufacturer estimates that on inspection 22% of the articles he produces will be rejected. He a...
A shopkeeper sells an article for Rs 120 and earns thrice the profit that he would have earned on selling this article for Rs 66. Find the C.P of this a...
- The amount by which the marked price is higher than the selling price is 33% of the difference between the marked price and the cost price. If the item is ...
By selling an article at a price of Rs 1170 a shopkeeper suffered a loss of 10%, then at what price the shopkeeper must sell the article to get 20% profit?
An article is priced 25% higher than its cost price and is sold at a discount of 10% on the marked price. If the profit made from the sale is Rs. 50, de...