Question
Marked price of an article is Rs.1200 more than the cost
price. When the same article is sold at a discount of Rs.200, the profit percent earned is 25%. To earn a profit of 30%, at what price the article should be sold?Solution
Let CP of an article be Rs.x And MP = Rs.(1200 + x) According to question, => (1200 + x) – 200 = [x × 125/100] => 1000 + x = 5x/4 => x = 4000 SP of an article = [(100 + 30)/100] × 4000 = Rs.5200
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P, Q and R invested their capitals in a business in the ratio 5:6:4 respectively. At the end of the year, they received profits in the ratio 10:18:8 res...
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