Question
'P' bought an item and marked it
60% higher than its cost price. He sold it to 'Q' after offering a discount of Rs. 120. 'Q' then increased the price by 25% and sold it to 'R' after giving a 10% discount. If 'Q' made a profit of Rs. 135, what was the profit made by 'P'?Solution
ATQ, For P: Cost price of item = Rs. x Marked price = 1.60 × x = Rs. 1.6x Selling price of item = Rs. (1.6x – 120) For Q; Cost price of item = Rs. (1.6x – 120) Marked price = 1.25 × (1.6x – 120) = Rs. (2x – 150) Selling price of item = 0.90 × (2x – 150) = Rs. (1.8x – 135) According to question: 1.8x – 135 – 1.6x + 120 = 135 Or, 0.2x = 150 Or, x = 750 Profit earned by 'P' = 1.6x – 120 – x = Rs. (0.6x – 120) = 0.6 × 750 – 120 = Rs.330
Which is the top ranked city in the 11th edition of the TomTom Traffic Index?
What is the total outlay of the "Scheme for Expansion and Modernization of Fire Services in the States" launched by the Ministry of Home Affairs?
How many new branches has HSBC India received RBI approval to open?
What is the primary objective of the UDAN scheme launched by the Ministry of Civil Aviation in 2016?
The International Hockey Federation (FIH) appointed P.R. Sreejesh and which other individual as co-chairs of the FIH Athletes Committee?
How many archaeological sites along the Saraswati River’s path have been identified in Haryana?
What is the main aim of SEBI and IEPFA’s ‘ Niveshak Shivir ’?
Blackstone has signed a binding agreement to acquire a controlling stake in Care Hospitals from TPG, valuing the India and Bangladesh-based hospital cha...
What distinguishes Agnikul Cosmos' Agnibaan Sub Orbital Technology Demonstrator (SOrTeD) launch as a milestone in India's space exploration efforts?
What is the scheduled timeline for ISRO’s first manned Gaganyaan mission, as per the revised plan?
