Question
Amit makes 900 articles at a cost of 40 paise/article.
He fixed the selling price such that if only 500 articles are sold, he would have made profit of 50% on the outlay. However, 250 articles get spoilt and he was able to sell 650 articles at this price. Find his actual profit percent as the percentage of total outlay assuming that the unsold articles are useless?Solution
CP of 900 articles = 900 ×40/100 = Rs 360 SP of 500 articles = 360 + 360 ×50/100 = Rs 540 SP of 1 article = 540/500 = 27/25 SP of 650 articles = 27/25× 650 = Rs 702 Profit = 702 – 360 = Rs 342 Profit % = 342/360× 100 = 95%
When did Haryana launch the Deendayal Lado Lakshmi Yojana?
The Community of Portuguese Language Countries (CPLP) began marking 5 May to celebrate the Portuguese language in which year?
Who has been nominated for the emerging T20 Women Cricketer of the year award 2022 from India?
In which country the International Union for Conservation of Nature (IUCN) 'World Conservation Congress' 2025 will be organized?
How many anti-drone units are planned to be installed along Punjab’s international border under the ₹51.4 crore plan?
- Which company signed an MoU with the Telangana government to develop AI solutions?
SEBIÂ has approved amendments to the SEBI(Infrastructure Investment Trusts) Regulations, 2014 and SEBI (Real Estate Investment Trusts) Regulations, 201...
How much profit did Public Sector Banks (PSBs) collectively record in FY25?
What was the significant achievement of Agnikul's Agnibaan launch vehicle?
How many kilometres of access-controlled roads are planned to be added to the high-speed network over the coming decade?
