Question
The cost price of four dozen samosas is Rs. 200. After
selling 36 samosas at the rate of Rs. 72 per dozen, the shopkeeper reduced the rate and sold the remaining samosas at the rate of Rs. 54 per dozen. Find the profit or loss percentage of the shopkeeper in this transaction.Solution
ATQ,
Cost price of 4 dozen samosas = Rs. 200
Selling price of 36 samosas = 36 × (72/12) = Rs. 216
Selling price of 12 samosas = 12 × (54/12) = Rs. 54
Selling price of 48 samosas = 216 + 54 = Rs. 270
Profit earned on selling 48 samosas = 270 – 200 = Rs. 70
Profit percentage = (70/200) × 100 = 35%
Who are the Indians featured on the '2023 TIME100 Next: the Emerging Leaders Shaping the World' list?
Which agricultural practice involves growing different crops in a specific sequence on the same piece of land to enhance soil fertility and control pest...
Which agency retained India's growth forecast at 6.6% for FY25 (June 2024), making it the fastest growing large economy?
Bank of India raised Rs 2,000 crore in capital through Basel III-compliant Tier-II bonds. What is the maturity period of these bonds, which have a 'AA+'...
The NPS Vatsalya scheme, launched in September 2024, allows parents to invest in pension accounts for whom?
Where in India is the Sundari tree predominantly found, which is known for providing durable timber?
When is World Day against Child Labour observed every year?
Where will the 3rd Environment and Climate Sustainability Working Group (ECSWG) meeting take place?
Cashfree Payments, in collaboration with the National Payments Corporation of India (NPCI), has launched an initiative. What is the name of this initiat...
As part of the T+0 settlement cycle initiative, SEBI expanded the number of top market cap scrips eligible for faster settlements from 25 to how many, e...