Question
The cost price of a lamp is Rs. 500. A trader bought 18
such lamps. He sold 8 lamps at 14% profit, 6 lamps at 22% profit and the rest for Rs. 560 each. Determine the total profit earned.Solution
ATQ,
Total selling price of lamps = (8 × 500 × 1.14) + (6 × 500 × 1.22) + (4 × 560) = 4560 + 3660 + 2240 = Rs. 10,460
And, total cost price = 500 × 18 = Rs. 9,000
So, profit earned = 10460 - 9000 = Rs. 1,460
More Profit and loss Questions
- What will come in the place of question mark (?) in the given expression?
35% of 400 - 20% of 300 = (? - 30) X 2 
20% of 1500 – 75% of 200 = 125% of ?Â
5(? + 2)Â =Â 3125Â
7/3 of 4/5 of 15/56 of ? = 83
192.251 + 326.233 + 125.021 + 19.273 = ?
(165 × 12) ÷ 45 + 110 = ? × 2
Calculate the value of x2,  if [(8 + 62) ÷ 4 of x + 2.5 × 5 = 42 + 20% of 10].
14 × 11 + 25 – ? = 21% of 300
Relevant for Exams:
