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
Meenal purchased a car for Rs 2, 50, 000 and sold it for Rs 3, 48, 000. What is the per cent profit she made on the car?
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
The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is
By selling an article at 80% of its marked price a trader makes a loss of 10%, what will be a profit percentage if he sells it at 95% of its marked price?
A dishonest dealer uses a scale of 90 cm instead of a metre scale and claims to sell at cost price. His profit is
Oranges are bought at rate of 7 for ₹ 3. At what rate per hundred must they be sold to gain 33%?
A trader makes a profit of 20% on the whole even when his scale reads 15% less. What is his % mark-up, over and above cost Price?
An accountant calculated profit to be 25% at end of a financial year. However, later it was detected that, by mistake, the accountant had calculated the profit % on selling Price instead of cost price. Find the actual Profit% if sales were ₹ 48000 for that particular period.
The cost of manufacturing a tape recorder is ₹ 1500. The manufacturer fixes the marked price 20% above the cost of manufacture. If the manufacturer wants to gain 8%, what is the rate of discount that can be allowed?
