Question
By selling 25 metres of cloth, a trader gains a profit
equal to the cost price of 5 metres of the same cloth. What is the profit percentage?Solution
ATQ,
Let the selling price of 1 metre cloth be Rs. ‘SP’ and the cost price of 1 metre cloth be Rs. ‘CP’.
ATQ,
25 × SP – 25 × CP = 5 × CP
Or, 25 × SP = 30 × CP
Or, SP/CP = 30/25 = 6/5
Required profit percentage = {(6 – 5)/5} × 100 = 20%
In addition to developing Rural Transformation Indicators, what is another key activity outlined in the SoI between NITI Aayog and IFPRI?
Which central government scheme has provided a platform for financial inclusion by facilitating the street vendors to carry out digital transactions?
Which project was a focal point during President Droupadi Murmu's discussions in Fiji, highlighting collaborative efforts between the two countries?
Which Indian actor won the Best Actor award at the 2024 Cannes Film Festival?
What is the significant feature of the Nataraja statue installed at Bharat Mandapam for the G20 Summit?
What gives Red Soil its distinct red color?
Archaeologists discovered a 7000-year-old pre-historic settlement near which river in Serbia?
What is the primary objective of the "Amrit Brikshya Andolan" launched by Assam Chief Minister Himanta Biswa Sarma?
Which of the following formula one driver achieved 100th win in the Canadian Grand Prix 2023?
1st Trade and Investment Working Group (TIWG) meeting under India’s G20 Presidency is scheduled in which city, from March 28 − 30, 2023?
Relevant for Exams:
