Question
A trader marks a product 50% above its cost price and
gives a discount of 20% on the marked price. If the selling price of 4 such products is Rs. 3840, find the cost price of one product.Solution
ATQ,
Selling price of one product = 3840 / 4 = Rs. 960 So, marked price of the product = 960 / 0.80 = Rs. 1200 Cost price of the one product = 1200 / 1.5 = Rs. 800
More Profit and loss Questions
- What does DPI stand for in the context of printing resolution?
Which of the following statements is/are correct regarding the 16th Finance Commission (FC)?
1. It is established under Article 280 of the Indian...
- 'Atla Taddi' is a traditional festival celebrated in which Indian state?
- Which state government approved the Krishak Kalyan Mission in April 2025 to consolidate farmer welfare programs?
Match the following organizations with their headquarters:
Which is India’s oldest university, established in 1818?
By what year does India aim to eliminate malaria?
- Which Indian state became the first to establish a Senior Citizens Commission?
In commemoration of the birth anniversary of former Prime Minister Atal Bihari Vajpayee, Chief Minister Yogi Adityanath has inaugurated Uttar Pradesh's ...
Which operation was conducted by the Indian Navy to rescue an Iranian ship from pirates?
Relevant for Exams:
