Question
A vendor buys a certain quantity
of fruits at the rate of 32 fruits for Rs. 24 and the same quantity at the rate of 48 fruits for Rs. 40. He then sells all the fruits at a rate of 60 fruits for Rs. 60. Calculate his profit or loss percentage.Solution
ATQ,
Total cost price = {(24/32) + (40/48) } ÷ 2 = Rs. (19/24) Total selling price = (60/60) = Rs. 1 So, profit earned = 1 - (19/24) = Rs. (5/24) So, gain percentage = {(5/24) /(19/24) } × 100 = (500/19) % gain
A dishonest dealer claims to sell goods at cost price but uses a false weight of 900g instead of 1kg. What is his profit percentage?
A trader marked an article 70% above its cost price and sold it after allowing a discount of 40%. If the transaction resulted in a profit of Rs. 24, the...
The sum of the cost prices of two articles, 'C' and 'D', is Rs. 480. Both articles are marked up by 60%, whereas the marked price of article 'D' is Rs. ...
The selling price of article P is Rs. 228 more than that of article Q. Article Q is marked 45% above its cost price and while selling ‘y’ % discount...
Anita sold a necklace after giving a discount of 15% and earned a profit of Rs. 850. If she had sold it for Rs. 200 less, she would have earned a profit...
A shopkeeper purchases rice of two varieties ‘A’ and ‘B’ at Rs. 21 per kg and Rs. 27 per kg respectively. He mixes 1 kg of variety ‘A’ rice ...
A product is sold at 15% profit. If its cost price had been 25% lower, and it was sold at a 30% loss, the seller would have made Rs. 280 less. What was ...
If the selling price and cost price of a book is Rs. 440 and Rs. 320, then find the profit percentage in this transaction.
A trader bought two laptops at a certain amount. He sold the first laptop at a 50% profit and the second laptop at a 10% loss. If the selling price of e...
A man buys 15 identical articles for a total of ₹15. If he sells each of them for ₹1.23, then his profit percentage is: