Question

When a seller sells his article for Rs. 32,060/- , he incurs 30% loss on the transaction. At what price should he sell the article to earn 10% profit on the transaction?

Q: When a seller sells his article for Rs. 32,060/- , he incurs 30% loss on the transaction. At what pr

S.P of an article = Rs 32,060 & Loss = 30 % &there4; 70% of C.P = 32,060 ⇒ C.P = 32060`xx100/70` =Rs. 45,800 Now, Profit should be 10 %. &there4; S.P = 110 % of 45,800 = Rs. 50,380 S.P = C.P + profit = 45,800+ 4,580 = Rs 50,380

A Rs 47,350

B Rs 39,420

C Rs 58,470

D Rs 50,380

Download PDF Practice Next

More Profit and loss Questions

A shopkeeper sold a school bag at a profit of 35%. Had he sold the school bag at 15% profit he would have earned Rs.148 less. Find the cost price of the school bag.
The cost price of two dozen bananas is Rs. 96 after selling 18 bananas at the rate of Rs. 36 per dozen, the shopkeeper reduced the rate to Rs. 24 per dozen. The percent of loss is
A shopkeeper marked an article ‘A’ 20% above the cost price and sold it for Rs. 1008 after giving a certain discount while he sold an article ‘B’ for Rs. 2520. If cost price of article ‘B’ is Rs. 1800 and profit percentage earned on selling article ‘B’ is 60% more than discount percentage given on selling article ‘A’ then find the cost price of article ‘A’.
Ratio of cost price and marked price of an article is 1:3. If profit obtained is Rs. 3500 then the profit percentage is 50%. If discount is 10%, find the selling price of article.
A trader bought an article for Rs. 1500 and marked it 25% above of its cost price. If he sold it after giving a discount of Rs. 30 then find the profit percent earned by him.
The profit earned when article is sold for Rs. 1280 is 23 times of the loss incurred when it is sold for Rs. 800.Find the CP?
A milkman purchases 25 liters of milk from a dairy for Rs.800 and sells it at the rate of 33.50 per liter. What is the profit or loss %? (rounded off)
A dealer sold an article at a loss of 4%. Had he sold it for ₹120 more, he would have gained 8%. To gain 11%, he should sell the article for?
A shopkeeper marked an article 50% above its cost price and made a profit of Rs. 200 when he sold the article after giving a discount of 25%. Find the profit percent earned by the shopkeeper if he had sold the article for Rs. 2240.
Charan went to purchase an Apple iPhone, the shopkeeper told him to pay 30% GST, if he asked the bill. Charan manages to get the discount of 10% on the actual selling price of the mobile and he paid the shopkeeper Rs. 36900 without GST. Besides he manages to avoid to pay 30% GST on the already discounted price, what is the amount of discount that he has gotten?

Relevant for Exams:

Ministry of Defence

Question

When a seller sells his article for Rs. 32,060/- , he incurs 30% loss on the transaction. At what price should he sell the article to earn 10% profit on the transaction?

Solution

Relevant for Exams:

I Pledged to: