Question
A dishonest shopkeeper marks up the price of his produce by
40% on the cost price and sells it providing a discount of 25%. If he uses 800 gram as weight in place of 1 kg, what is his overall percentage profit?Solution
Let a customer believes to have bought 1 kg of produce. So, he pays for 1 kg but is actually provided with only 800 gm.
Let the C.P of the produce be Rs 1 per gm
M.P of the produce = Rs 1.4 per gm
S.P of the produce = 1.4*(75/100) = Rs 1.05 per gm
So, S.P of the produce sold to customer = 1.05*1000 = Rs 1050
C.P of produce sold to customer = 1*800 = Rs 800
Percentage profit = ((1050 - 800)/800)*100% = 31.25%
Rohan bought a gadget and sold it to Aman at a profit of 30%. If he had purchased it for Rs. 1,500 less and sold it for Rs. 750 more, his profit would h...
A shopkeeper sold a jacket for Rs. 2400 at a loss of 40%. At what price should he have sold the jacket, to earn a profit of 30%?
A vendor bought 1 kg of mangoes at a certain rate and marked them 50% above the cost. He gave a 20% discount to customers and sold only 800 gm instead o...
A person sold a house for Rs. 6,00,000 at a 25% loss. At what price should he sell the house to make a 10% profit?
A shopkeeper gives 2 article free on the purchase of every 7 article he also allows a discount of 10% to customer and still earns 26% profit. Find the r...
- Cost price of article M is Rs.200 less than the cost price of article N. Article N is sold at a loss of 20% and article M is sold at a profit of 25%. On th...
A shopkeeper sold an article after giving a discount of 20% and made a profit of Rs. 60. Find the marked price of the article if cost price of the artic...
A salesman is allowed 32% commission on the total sales by him and a bonus of 3% on the sales over Rs. 15000. If the total earnings of a salesman is Rs....
The cost price of article A and B is Rs. ‘X’ and Rs. (X + 750), respectively. Article A is sold at 20% profit while article B is sold at 10% loss. I...
The cost price of article 'B' is (250/7)% of the selling price of article 'A'. Article 'A' is sold at a 40% profit, and the cost price of article 'A' ex...
