Question
A retailer purchased several pants at a cost of Rs. 200 each and sold them for Rs. 300 per piece. He also incurred an average transportation expense of Rs. 40 on each pant. Calculate the percentage gain he achieved on this transaction.
More Profit and loss Questions
- An article when marked 25% above its cost price and sold after a discount of 10% is sold for a profit of Rs. 50. If the article was instead marked 40% abov...
- A vendor claims to sell sugar at cost price but uses a faulty scale that shows only 900 grams as 1 kg. What is the approximate profit percentage he earns?
- The cost price of 16 mangoes is Rs.220. Because of bad quality of mangoes, the shopkeeper has to sell mangoes at a loss that is equal to selling price of 6...
- What price should a shopkeeper mark on an article costing him 300 to gain 40% after allowing a discount of 30%?
- A seller marked his article 80% above the cost price and sold it after offering two successive discounts of 60% and 25% respectively. In the whole transact...
- A shopkeeper buys a fan for Rs 840 and sells it at a profit of 25%. Find the selling price of the fan.
- The average cost price of two products, Lakme and Fruit Joy, is Rs. 400. These products are sold at profits of 10% and 20%, respectively. If the combined s...
- An article is sold at 25% discount. If the profit percentage earned on the article is 20% and the article is marked up by Rs. 900 above the cost price, the...
- The ratio of selling price, cost price, and marked price of an article is 8:6:12, respectively. If there is a profit of Rs. 1000 in the transaction, then f...
- The ratio of cost prices of two articles ‘A’ and ‘B’ is 5:1 respectively and the average cost price of articles ‘A’ and ‘B’ is Rs. 1200. If articles ‘A’ an...
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
