Question
In a certain store, the profit is 280% of the cost. If the cost increases by 40% but the sale price remains constant, then the approximate percentage profit on the sale price will be.
Solution
Let CP = 100 rs CP SP Old 100 100 x (100 + 280)/100 = 380 New 100 x 140% = 140 380 Now, Profit% on SP = (380 – 140)/380x100 = 63%
More Profit and loss Questions
- A shopkeeper marks the price of the article in such a way that after allowing 28% discount, he wants a gain of 12%. If the marked price is ₹224. then the c...
- A bought an article at 20% less of the marked price and sold it at 10% more than the marked price. Find the profit earned by him.
- A purchased an article and sold it to B at 25% profit. B marked it up by 20% above the price at which A has purchased it and then sold it after giving a di...
- P made a profit of 25% on an article, while Q sold the same article for a 24% profit. If P's profit was Rs. 40 more than Q's profit, what was the cost pric...
- A shopkeeper sold a jacket for Rs. 2500 at a loss of 20%. At what price should he have sold the jacket, to earn a profit of 20%?
- A shopkeeper purchased 35 kg of sugar at Rs. 22 per kg. He sold some of it at a profit of 8% and the rest at a profit of 16%. If the total profit he made w...
- Misthan Bhandar bought 20 Box of rasgullas for Rs. 1000 each. He spent Rs. 4000 on further packing and sold 10 box of them for Rs 1500 each and the remaini...
- A shopkeeper bought 50 pens at Rs 8 each. He sold 30 pens at a profit of 25% and the remaining 20 pens at a loss of 10%. Find his overall profit or loss.
- Ravi purchased 6 notebooks, 18 markers, and 12 highlighters for Rs. 240, Rs. 1080, and Rs. 360, respectively, from a seller. By selling each notebook and e...
- The cost price of a bag is Rs. 350. A seller purchased 25 such bags. He sold 12 of them at a profit of 12%, 8 bags at 18% profit and the remaining bags for...
Relevant for Exams:
