Question
A merchant initially raised the price of a product by
25% and subsequently by an additional 20%. After providing a 24% discount on the final price, he gains a profit of Rs. 56. If the merchant aims to achieve a profit of 50%, what would be the adjusted selling price of the product?Solution
Let the cost price of the article be Rs. '100x' ATQ; 100x X 1.25 X 1.2 X 0.76 = 100x + 56 Or, 114x = 100x + 56 Or, 14x = 56 So, x = 4 So, cost price of the article = 4 X 100 = Rs. 400 So, selling price of the article when sold at 50% profit = 400 X 1.5 = Rs. 600Â
Under which of the following Acts was the National Commission for Women established?
In which year is the development of 4,000 MWh of VGF-BESS projects, with financial support of up to 40% of the capital cost as Viability Gap Funding (VG...
India's poverty percentage decreased from 55.1% to how much from 2005to 2019-20 in the multidimensional poverty index?Â
Who became the first official in India to be felicitated with United Nations Asia Environmental Enforcement Award in February 2021 under the Gender Lead...
Which of the following palaces is located in Thiruvananthapuram?
During the Second Five Year Plan, how many integrated steel plants were set up with foreign collaboration?
Consider the following statement about "Project UDBHAV":
1. Rajnath Singh inaugurated 'Project Udbhav'.
2. This project has been launched ...
National Programme for Civil Services Capacity Building comes under which mission? Â
Prime Minister Narendra Modi inaugurated 'Semicon India 2023', a premier for the showcase of which of the following on July 28 2023?
How much is the atomic number of sodium (Na) in the modern periodic table?
Relevant for Exams:
