Question
Akash bought a sofa for Rs. 12500. After one year he
sold it to Deepak at 12% less of his cost price. Deepak spends extra Rs. 500 for its repair. And offered sofa to Sujit for Rs.X. Sujit requested to get a discount of 20% on that price. But Deepak gave him two successive discounts of 8% and 12% instead of 20%.By this Deepak got Rs. 300 more from Sujit. What is the profit % of Deepak?Solution
Let the SP of sofa be Rs. x which is given to Sujit. x * (92/100 * 88/100 – 80/100) = 300 x * 0.0096 = 300 x = 31250 Now Sujit purchased for 31250 * 92/100 * 88/100 = 25300 Deepak purchased sopha = 12500 * 88/100 + 500 = 11000 + 500 = 11500 Profit% = (25300 – 11500) x 100/11500 = 120%
Consider the following statements regarding Argoland, recently seen in the news:
1. Geologists recently discovered Argoland, a landmass that de...
What is the main focus of the Universal Pension Scheme recently launched by Prime Minister Sheikh Hasina of Bangladesh?
Recently Bhupinder singh has died. He was an Eminent?
Consider the following statements aboutGoldilocks Effect:Â
1.   Recently Finance Ministry’s growth and inflation forecasts indicate a Gold...
Researchers recently found a large deposit of around 230 million metric tons of minerals crucial for making electric car batteries on the seabed off Min...
What is the projected value of India’s bioeconomy by 2030?
Which insurance company has launched a pay as you drive policy which offers a comprehensive motor insurance policy that charges a premium based on the u...
Which bilateral exercise focuses on professional artillery exchanges between India and Singapore?
What is the estimated production of Tomato in 2023-24 according to the Second Advance Estimates?
The third edition of the World Solar Report by the ISA highlighted the growth of global solar capacity to how many GW by 2023?
