English

A man sells a radio-set for Rs.605 and gains 10%. At what price should he sell another radio of the same kind, in order to gain 16%?

Advertisements
Advertisements

Question

A man sells a radio-set for Rs.605 and gains 10%. At what price should he sell another radio of the same kind, in order to gain 16%?

Sum
Advertisements

Solution

In the first condition:

S.P. of a radio-set = Rs.605

Gain = 10%

C.P. =`100/((100+"gain"%))xx"S.P."`

`=100/((100+10))xx"Rs."605`

= Rs. `100/110xx605`

= Rs. `(100xx605)/110`

= 10 × 55

= Rs.550

In the second condition:

C.P. = Rs.550

Gain = 16%

S.P. =`((100+"gain"%))/100xx"C.P."`

`=((100+16))/100xx"Rs."550`

= Rs. `116/100xx550`

= Rs. `(116xx550)/100`

= 58 × 11

= Rs.638

∴ Radio should be sold at Rs.638.

shaalaa.com
  Is there an error in this question or solution?
Chapter 8: Profit, Loss and Discount - Exercise 8 (B) [Page 93]

APPEARS IN

Selina Concise Mathematics [English] Class 8 ICSE
Chapter 8 Profit, Loss and Discount
Exercise 8 (B) | Q 7 | Page 93

RELATED QUESTIONS

A man buys a certain number of articles at 15 for Rs. 112.50 and sells them at 12 for Rs.108. Find;

  1. This gain as percent;
  2. The number of articles sold is necessary to make a profit of Rs. 75.

A shopkeeper buys an article whose list price is ₹ 800 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 prescribed rate of 7.5%. If the shopkeeper has to pay a VAT of ₹ 6, find the rate of discount at which he bought the article from the wholesaler.


A shopkeeper allows 20% discount on his article. What price must he mark on an article, which costs him Rs.1750, to make a profit of 20%?


A dealer is selling an article marked Rs. 8000 at a discount of 15%. Find the selling price of the article and the cost price if the marked price is 25% above the cost price.


A shopkeeper marks the price of an article at Rs. 1200. Find the selling price, if he allows:
two successive discounts of 15% and 10%.


A man fixes the selling price of his goods at 50% above the cost price. He sells one-third of his stock at this price, one-third of his stock at a discount of 20% on the original selling price, and the rest at a discount of 40% on the original selling price. Find the gain percent altogether.


Two dealers A and B selling the same model of refrigerator mark them under the same selling price. A gives successive discount of 25% and 5% and B gives successive discounts of 10% and 20%. From whom is it more advantageous to purchase the refrigerator?


Discount = Discount % of ______.


If the discount of Rs y is available on the marked price of Rs x, then the discount percent is `x/y xx 100%`.


Arunima bought household items whose marked price and discount % is as follows:

Item Quantity Rate Amount  Discount %
(a) Atta 1 packet 200 200 16%
(b) Detergent 1 packet 371 371 22.10%
(c) Namkeen 1 packet 153 153 18.30%

Find the total amount of the bill she has to pay.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×