Advertisements
Advertisements
Question
A bicycle is purchased for ₹ 1800 and is sold at a profit of 12%. Its selling price is ______.
Options
₹ 1584
₹ 2016
₹ 1788
₹ 1812
Advertisements
Solution
A bicycle is purchased for ₹ 1800 and is sold at a profit of 12%. Its selling price is ₹ 2016.
Explanation:
From the question it is given that,
A bicycle is purchased for ₹ 1800
Bicycle is sold at a profit of 12%.
Its selling price is = ?
We know that, Profit percent = `"Profit"/"CP" xx 100`
12 = `"Profit"/1800 xx 100`
`(12 xx 1800)/100` = Profit
Profit = 12 × 18
Profit = ₹ 216
Then, Profit = SP – CP
216 = SP – 1800
SP = 216 + 1800
SP = ₹ 2016
APPEARS IN
RELATED QUESTIONS
Some toffees are bought at the rate of 11 for Rs 10 and the same number at the rate of 9 for Rs 10. If the whole lot is sold at one rupee per toffee, find the gain or loss percent on the whole transaction.
A shop selling sewing machines offers 3% discount on all cash purchases. What cash amount does a customer pay for a sewing machine the price of which is marked as Rs 650.
The Jijamata Women’s Saving Group bought raw materials worth Rs 15000 for making chakalis. They sold the chakalis for 22050 rupees. How much profit did the WSG make?
Ajit Kaur bought a 50 kg sack of sugar for Rs 1750, but as sugar prices fell she had to sell it at Rs 32 per kg. How much loss did she incur?
A fruit vendor sells fruits for ₹ 200 gaining ₹ 40. His gain percentage is
A shopkeeper gives two successive discounts on an article whose marked price is ₹ 180 and selling price is ₹ 108. Find the first discount percentage if the second discount is 25%
The women of Meenkar Bank also want to start a factory to dry fish. The Panchayat has given them some land for that. Over the years they have saved Rs 74,000. They find out how much they will need for the factory.
Fazila writes the things they need to buy to begin. See the table for the cost of each item and the number of items they want to buy. Find the total cost.
| Item | Price of each | Number of items | Cost |
| Borewell for freshwater | Rs 3000 | 1 | |
| Bamboo rack for fish drying | Rs 2000 | 20 | |
| Cement tank | Rs 1000 | 4 | |
| Tray and knife | Rs 300 | 20 | |
| Bucket | Rs 75 | 20 |
Total cost to set up the factory = ______
When fresh fish is dried it becomes `1/3` its weight.
In one month they plan to dry 6000 kg of fresh fish.
How much-dried fish will they get in a month?
______ expenses are the additional expenses incurred by a buyer for an item over and above its cost of purchase.
On selling an article for ₹ 329, a dealer lost 6%. The cost price of the article is ______.
