Question
Meena buys some equal-priced goods for Rs. 7,500. She
sells one-third of them at a loss of 12%. What profit percent should she make on the rest to earn an overall gain of 15%?Solution
ATQ,
Cost price of one-third of goods = 7500 ÷ 3 = Rs. 2,500 Selling price of those goods = 0.88 × 2500 = Rs. 2,200 Total selling price for 15% overall profit = 7500 × 1.15 = Rs. 8,625 Selling price of remaining goods = 8625 – 2200 = Rs. 6,425 Cost price of remaining goods = 7500 – 2500 = Rs. 5,000 Required profit percent = ((6425 – 5000) ÷ 5000) × 100 = (1425 ÷ 5000) × 100 = 28.5% Hence, Remaining goods should be sold at 28.5% profit
A shopkeeper marks an item at Rs. 1200 and gives a discount of 15%. He still earns a profit of 20% on cost. Find the cost price.
- A person sold two goods for Rs. 80 each. One item was sold at a loss of 10% and the other at a gain of 20%. Find the approximate difference between the cos...
A manufacturer sells an article to a wholesaler at a profit of 20%. The wholesaler sells it to a retailer at a profit of 25%, and the retailer sells it ...
A dishonest dealer professes to sell his goods at cost price, but he uses a weight of 990 gm for the kg weight. Find his gain per cent.
...A company produces two products, A and B. The cost of production for product A is ₹120 and for product B is ₹80. If the selling price for product A ...
- The selling price of a product when it is sold at a profit of 10% is Rs. 40 more than its selling price when it is sold at a loss of 25%. What would be the...
A shopkeeper marked his goods 32% above the cost price and earned a profit of Rs. 14 after selling it by giving a discount of 20%. Find the cost price o...
- A mobile phone was sold for Rs. 22,500 at a loss of 10%. If the same phone had been sold for Rs. 27,000, what would be the profit percentage?
A man spent 66% of his income in May. If his savings is increased by 20% in June and becomes Rs. 6120, then find the income of man in May.
X purchased a laptop for Rs. 27,800 and later sold it for Rs. 31,692. What is the percentage of profit he made on this transaction?
Relevant for Exams:
