Question
A shopkeeper sells two articles at Rs 840 each. On one
he gains 20% and on the other he loses 20%. Find his total profit or loss.Solution
Let CP₁ be cost price of first article. SP₁ = 840, Profit = 20% 840 = 1.20 × CP₁ CP₁ = 840 / 1.20 = 700 For second article, SP₂ = 840, Loss = 20% ⇒ SP = 0.8 CP₂ 840 = 0.8 × CP₂ CP₂ = 840 / 0.8 = 1,050 Total CP = 700 + 1,050 = 1,750 Total SP = 840 + 840 = 1,680 Net loss = 1,750 − 1,680 = Rs 70 Answer: Loss of Rs 70.
A man bought an article at 25% less of the marked price and sold it at 15% more than the marked price. Find the profit earned by him.
...- An article was marked 40% above the cost price and sold after a discount of Rs. 560. If the selling price of the article is Rs. 1120, then find the cost pr...
- The cost price of a gadget is Rs. 3,250. It is tagged 25% above its cost and sold after a flat discount of Rs. 275. What is the approximate profit percenta...
The marked price of an article is ₹600. After allowing a discount of 25% on the marked price, there was a loss of ₹30. The loss percentage is:
A vendor acquired a piece of clothing for Rs. ‘a’ and marked it 160% above its cost price, and sold it after giving two successive discounts of 900 ...
Find the cost of manufacturing each article if a manufacturer estimates that on inspection 22% of the articles he produces will be rejected. He a...
A shopkeeper marked an article Rs. 400 above the cost price and sold it after giving two successive discounts of 20% and 15% respectively, and faces a l...
A shopkeeper sold a school bag at a profit of 30%. Had he sold the school bag at 15% profit he would have earned Rs.105 less. Find the cost price of the...
To clear the old stock of shoes, a shopkeeper offers four pairs of shoes for the price of three pairs at their cost price. Determine the percentage loss...
The cost price of 26 mangoes is Rs.210. Because of bad quality of mangoes, the shopkeeper has to sell mangoes at a loss that is equal to selling price o...
Relevant for Exams:
