Question
Anuj purchases two articles P and
Q at the same price. Later, Anuj sells both articles P and Q to Raju at the same price of Rs 350 each. His profit percentage on article P was 'a'%, while his profit percentage on article Q was 'b'%, since he calculated his profit percent for article Q on the selling price. If further, Raju sells one of the items to Joy at (a − 9)% profit, then determine the cost price of the item for Joy. (Note: The value of ‘a’ is 25% more than the value of ‘b’.)Solution
ATQ, Let CP of P and Q = ‘c’ Let SP of P and Q = 350 So, profit for Q is on SP For Q = profit of b% is calculated on SP b = [(350 – c)/350] × 100 For P = profit of a% is calculated on CP a = [(350 – c)/c] × 100 In note it is given that a is 25% more than b [(350 – c)/c] × 100 = (125/100) × [(350 – c)/350] × 100 By solving, we get c = 280 Therefore, CP of P = 280 and Q = 280 Now we find the value of ‘b’ b = [(350 – 280)/350] × 100 = 20% a = [(350 – 280)/280] × 100 = 25% Now CP for Raju =350 Now Raju sold product for (a - 9)% profit = 25- 9 =16% profit SP for Raju = 116% of 350 = 406
Which of the following regarding Merchant Discount Rate (MDR) is NOT true?
Which nation became the first to achieve WHO verification for eliminating Leprosy in September 2024?
What was the literacy rate among the male population in India according to the Census of India 2011?
Where is the Diesel Locomotive Works located?
According to the World Bank, India will see a growth rate of what % in the year 2016 -17.
In which Indian state is the dance form 'Kaikottikali' primarily performed?
Who among the following was the first female astronaut from India?
होहोबा क्या है ?
What is the Number of RRBs functional now?
Where is the headquarters of the Badminton Association of India (BAI) located?
Relevant for Exams:
