Question
The marked price of an item is to its cost price as 10 is to 7. If the profit earned equals the discount allowed, what is the approximate profit percentage?
More Profit and loss Questions
- A man purchased an article for Rs 2,000. He sold it to the first customer at a 10% loss, and the first customer then sold it to the second customer at a 20...
- A trader purchased 100 identical items for a total of ₹20,000. He sold 40% of the items at a profit of 25% and the remaining items at a loss of 15%. Determ...
- Sundar bought 400 books for a total cost of Rs. 40,000. If 10% of the books are damaged due to rain, and 33⅓% of the remaining books are sold at the marked...
- A piece of machinery costing Rs. 900 was restored for Rs. 500. The marked price was kept 20% higher than the cost, but it was sold at a loss of 25%. How mu...
- A shopkeeper purchases rice of two varieties ‘A’ and ‘B’ at Rs. 40 per kg and Rs. 34 per kg respectively. He mixes 1 kg of variety ‘A’ rice with 2 kg of va...
- An item has marked price ₹2000. Two successive discounts of 15% and 5% are given. Find: (i) final selling price, (ii) single equivalent discount %.
- The ratio between the marked price and cost price of an article is B:A respectively. The ratio between the selling price and marked price of the article is...
- A bag of cost price of Rs. 6000 is marked up by a certain percentage, and a discount percent of twice the markup percent is offered on it. If there is a lo...
- A second-hand item was bought at Rs. 650 and had repairs costing Rs. 550. The seller increased the price by 35% but finally sold it at a 30% loss. Calculat...
- The marked price of an article is Rs. 1600. A shopkeeper gives a discount of 15% and then an additional cash discount of 5% on the reduced price. Find the ...
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)