Advertisements
Advertisements
Question
A book seller sold a box of 10 pencils for Rs. 80 and incurred a loss. Had he sold it for Rs. 98, his gain would have been twice the loss he incurred earlier. The cost price of the box of pencils is:
Options
Rs. 84
Rs. 86
Rs. 88
Rs. 90
Advertisements
Solution
Rs. 86
Explanation:
Let the cost price of the pencil box is ₹ x
Then, loss = (x − 80)
Profit = (98 − x) = 2 (x − 80)
3x = 98 + 160
`"x"=258/3`= 86
Hence, the cost price of the pencil box = Rs. 86
APPEARS IN
RELATED QUESTIONS
Choose the most appropriate option
A trader sells rice at a profit of 20% and uses weights which are 10% less than the correct weight. The total gain earned by him is:
Sanjay sold his watch for ₹1140 and thereby loses 5%. In order to gain 5%, he has to sell the watch for
A dishonest shopkeeper uses a weight of 800 gm for a kg and professes to sell his good at cost price. His profit is
Three friends shared the cost of a television. If Amit, Bharat, and Dinesh each paid Rs. 4200, Rs. 3000 and Rs. 1800 respectively, then Dinesh paid what percent of the total cost?
A shopkeeper mixes two varieties of Tea, one costing ₹40/kg and another ₹50/kg in the ratio 3: 2. If he sells the mixed variety of Tea at ₹48/kg, his gain or loss percent is
P sells a table to Q at a profit of 10% and Q sells it to R at a profit of 12%. If R pays ₹246.40 for it, then how much had P paid for it?
A dealer buys an article for ₹380.00. What price should he mark so that after allowing a discount of 5% he still makes a profit of 25% on the article?
If selling price of 10 articles is equal to the cost price of 11 articles, then gain is:
A shopkeeper sells one transistor for ₹ 840 at a gain of 20% and another for ₹ 960 at a loss of 4%. His total gain or loss percent is
Rani bought a piece of cloth for ₹ 950 and spent ₹ 300 on designing it. At what price should she sell it to make 30% profit?
