Question
Pawan sold an article to Qureshi with a 30% profit. Qureshi
then sold it to Raju, earning the same absolute profit (in Rs.) that Pawan made. Finally, Raju sold the article to Suresh at a 50% profit. By what percentage is the cost price of the article for Suresh greater than the cost price for Pawan?Solution
ATQ;
Let the cost price of the article for 'Pawan' be Rs. '100x'
So, cost price of the article for 'Qureshi' = 100x X 1.3 = Rs. '130x'
Profit made by 'Pawan' = 130x - 100x = Rs. 30x
Cost price of the article for 'Raju' = 130x + 30x = Rs. 160x
So, cost price of the article for 'Suresh' = 160x X 1.5 = Rs. 240x
So, required % = {(240x - 100x)/100x} X 100 = 140%
Microsoft has announced to set up its fourth data centre in India in ______________. It will be one of the largest data centres in India and will be ope...
HDFC Bank, India’s largest private sector bank, has become the first lender in the country to achieve the milestone of 20 million credit cards in forc...
In its World Economic Outlook report, the IMF has lowered India's growth projection to ________.
Under whose chairmanship is the 23rd summit of the Shanghai Cooperation Organisation?
When is Arunachal Pradesh Foundation Day celebrated?
Who conducts the September 2025 round of the Rural Consumer Confidence Survey (RCCS) on behalf of the RBI?
Consider the following statements regarding the estimated foodgrain production for 2023-24:
1. The total foodgrain production is estimated at 3...
What is the significance of the Indian Air Force Heritage Centre inaugurated by Defence Minister Rajnath Singh in Chandigarh?
At which event will K. Chockalingam be presented with the Hans von Hentig Award?
Which state/UT has ranked 1 in the Employee Provident Fund Organisation (EPFO) coverage per cent across the country?