Question
A furniture dealer sold an almirah with a 20% profit margin. Had the dealer purchased the almirah at a cost that was 10% lower and then sold it for an additional Rs. 300, the profit margin would have risen to 40%. Calculate the original cost price of the almirah.
More Profit and loss Questions
- The profit earned in selling an article for Rs.2540 is equal to the loss incurred in selling at Rs.1850. What is the cost price?
- A retailer sells a piece of furniture for Rs. 7,500 and gains 40% profit. If he reduces his profit to 25%, what will be the new selling price?
- A perfume bottle is sold for a profit of ₹175 after a 25% discount is applied. If the cost price and marked price of the bottle are in the ratio of 1:3, ca...
- The profit earned when an article is sold for Rs. 1,800 is the same as the loss incurred on selling it for Rs. 1,000. Find the selling price of the article...
- The cost price of a product is Rs. 400. The shopkeeper marks it 25% above the cost price and then offers a discount of 10%. Calculate the overall gain or l...
- ‘X’ sold an item to ‘Y’ at 25% profit, who then sold it to ‘Z’ at a profit of Rs. 60. If the difference between cost price of the item for ‘Z’ and cost pri...
- An automobile agency launched a scheme that if a customer purchased two Jabas Discover bikes, one extra Jabas Discover will be free and if he purchases 3 J...
- An air cooler is sold for Rs. 585 after two successive discounts of x% and 25%, respectively. If the marked price is Rs. 1000, determine x.
- A, B and C enter into a partnership, A invest 6X + 15000, B invest 3X + 1000 and C invest X + 8000 for one year if B share is 4000 from total profit of 160...
- To clear his stock of rice, Sunil starts giving 1.2 kg of rice to customers in place of 1 kg. However, he secretly uses an 800-gram weight instead of a 1 k...
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
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)