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%
__________ ranked at top in 2021 World Cooperative Monitor report which is published by the International Cooperative Alliance (ICA) and European Resea...
“Nalanada - Until we meet again”, a book written by which of the following authors?
Who has recently been appointed as India’s Ambassador to Sweden?
What was the symbolic element of the flag launched by Actor Vijay for Tamilaga Vettri Kazhagam (TVK)?
Who has recently become the elected President of Maldives?
In which Indian state was the 3rd edition of the International Purple Fest held in 2025?
Which of the following is the net interest income divided by average interest earning assets?
What was the theme for World Intellectual Property Day celebrated on April 26, 2024?
Which organization has launched the ‘Manthan’ ideathon to promote innovation in the field?
If a Panchayat is dissolved, elections must be held within how many months?
