Question
An item is sold for a profit of 20%. If the cost to
purchase the item had been reduced by 20%, and it was subsequently sold at a 25% loss, the seller would have made Rs. 300 less than originally. What was the initial cost price of the item?Solution
Let the original cost price of the article be Rs. ‘x’ Therefore, original selling price of article = Rs. 1.2x New cost price of the article = Rs. 0.8x New selling price of the article = 0.75 × 0.8x = Rs. 0.6x Therefore, 1.2x – 0.6x = 300 Or, x = 300/0.6 = 500
Which of the following ornaments is not worn around the neck?
Which of the following statements is/are correct?
I.IIT Delhi is opening its first IIT campus in Zazibar (Tanzania).
II.IIT Madras is open...
Who was the official sponsor for the 37th National Games held in Goa?
World Bank has recently (in June 2023) launched its first road safety project in which South Asian Country?
In which year was the University Grants Commission (UGC) established?
Who did Lt Gen Manoj Pande succeed as the Chief of Army Staff?
In which book of Kalidas has the Himalayas been described as “Aushadhi Prastha”?
Deen Dayal SPARSH Yojana is related with which field?
In the book "Si-Yu-Ki" written by theChinese Buddhist traveler and monk Fa-hein during his visit to India, which king's kingdom is described in detail, ...
Which of the following constitutions is popularly known as the peace constitution?
Relevant for Exams:
