Question
A shopkeeper sells an item for ₹1,500 at a profit of
20%. If he wants to earn a profit of 25%, what should be the selling price of the item?Solution
Let the cost price of the item be ₹x. Selling price at 20% profit = ₹1,500, so x + 0.2x = ₹1,500. 1.2x = ₹1,500, so x = ₹1,500 / 1.2 = ₹1,250. Now, if the shopkeeper wants a profit of 25%, the selling price should be Selling price = ₹1,250 + 0.25 × ₹1,250 = ₹1,250 + ₹312.5 = ₹1,562.5. Correct option: b
Weed seeds which are difficult to separate out once mixed with crop seeds are known as
Days required for transplanting rice seedlings under dapog nursery is:
What is the budget allocation for the Ministry of Rural Development for 2024-25?
Which scheme provides end-to-end support for organic farming in India?
What percentage of India’s geographical area is covered by total forest and tree cover as per ISFR 2023?
What is the rank of India in fruit production?
What is the role of MAITRIs under the Rashtriya Gokul Mission?
Which of the following is the best fertilizer for basal application in paddy puddled field
What is the total corpus of the Agri Fund for Start-Ups & Rural Enterprises (AgriSURE)?
“Retort” is essential for
