English

A fruit-seller buys oranges at 4 for Rs. 3 and sells them at 3 for Rs. 4 Find his profit percent.

Advertisements
Advertisements

Question

A fruit-seller buys oranges at 4 for Rs. 3 and sells them at 3 for Rs. 4 Find his profit percent.

Sum
Advertisements

Solution

Cost price (C.P.) per orange:

C.P. of 1 orange = `3/4`.

= ₹0.75

Selling price (S.P.) per orange:

S.P. of 1 orange `= 4/3`

= ₹1.33

Profit per orange

Profit = S.P. − C.P. = 1.33 − 0.75 = ₹0.58

Profit % = `"Profit"/"C.P." xx100`

`= 0.58/0.75 xx 100`

= 77.33%

shaalaa.com
  Is there an error in this question or solution?
Chapter 8: Profit, Loss and Discount - Exercise 8 (A) [Page 90]

APPEARS IN

Selina Concise Mathematics [English] Class 8 ICSE
Chapter 8 Profit, Loss and Discount
Exercise 8 (A) | Q 2 | Page 90

RELATED QUESTIONS

A computer was available for Rs 27,216, which included two successive discounts of 20% and 10% on the basic price and a sales tax of 8% on the remaining price. Find the basic price of the computer.


The cost price of an article is `4/5` times of its selling price. Find the loss or the gain as a percent.


John sold an article to Peter at 20% profit and Peter sold it to Mohan at 5% loss. If Mohan paid Rs.912 for the article; find how much did John pay for it?


The cost price of 20 articles is the same as the selling price of 16 articles. Find the gain percent.


Mohan bought a certain number of note-books for Rs.600. He sold `1/4` of them at 5 percent loss. At what price should he sell the remaining note-books so as to gain 10% on the whole?


An article is marked at Rs. 2,250. By selling it at a discount of 12%, the dealer makes a profit of 10%. Find :
(i) the selling price of the article.
(ii) the cost price of the article for the dealer.


A shopkeeper buys on article whose list price is Rs. 450 at some rate of discount from a wholesaler. He sells the article to a consumer at the list price and charges sales tax at the rate of 6%. If the shopkeeper has to pay a VAT of Rs. 2.70, find the rate of discount at which he bought the article from the wholesaler.


A shopkeeper bought a TV at a discount of 30% of the listed price of ₹ 24000. The shopkeeper offers a discount of 10% of the listed price to his customer. If the VAT (Value Added Tax) is 10%, find the amount paid by the customer, the VAT to be paid by the shopkeeper.


A dealer marks his goods 25% above the cost price and then allows 10% discount on it. What is the cost price of an article on which he gains Rs. 575?


Find the M.P. in the following :
S.P. = Rs.5343, Discount = 22%


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×