Question
Akash bought an item for Rs. 250
and marked it ____ above the cost price and gave a discount of ____ and made a profit/loss of Rs. ____. The values given in which of the following options will fill the blanks in the same order in which it is given to make the above statement true: I. 20%, 12%, 14 II. 30%, 18%, 16 III. 24%, 20%, 2Solution
ATQ,
For I: Marked price of the item = 1.2 × 250 = Rs. 300 Selling price of the item = 0.88 × 300 = Rs. 264 Profit = 264 – 250 = Rs. 14 So, I can be the answer. For II: Marked price of the item = 1.3 × 250 = Rs. 325 Selling price of the item = 0.82 × 325 = Rs. 266.5 Profit = 266.5 – 250 = Rs. 16.5 So, II can’t be the answer. For III: Marked price of the item = 1.24 × 250 = Rs. 310 Selling price of the item = 0.80 × 310 = Rs. 248 Loss = 250 – 248 = Rs. 2 So, III can be the answer.
A, B and C invested in partnership. A invest Rs.6000 for 4 months, B invests Rs.4000 for 3 months and C invests Rs.12000 for 2 months. C is working part...
‘A’ and ‘B’ invested Rs. 1200 and Rs. 1500 respectively to start a business. The ratio of the duration for which they kept their investments was...
Two friends A and B started the business together. A invested Rs. 2000 more than B. A left the business after 8 months. If annual profit is Rs.6800 and ...
‘Riya’ invested Rs. 1,600 in a business. After 9 months, ‘Simran’ joined her with 50% of Riya's capital. If the total annual profit is Rs. 4,500...
A and B jointly invested in a business with initial contributions of Rs. 'x' and Rs. 'y', respectively. After one year, A's share of the total profit of...
A and B started a business by investing Rs.500 and Rs.600 respectively. After 8 months, A increased his investment by Rs.700. Find the ratio of annual p...
P started a business with an investment of Rs.14000, after 6 months Q joined him with Rs.16000 and after another 6 months R joined them with Rs.20000. I...
A started a retail business by investing Rs.28,000. After eight months B joined him with a capital of Rs.54,000. After 2 years, they earned a profit of...
Pawan and Qureshi started a business where Qureshi’s investment was 62.5% of Pawan’s investment. After 5 months, Pawan withdr...
‘A’ and ‘B’ started a business by investing certain sum in the ratio 2:3, respectively for 6 years. If 30% of the total profit i...