Advertisements
Advertisements
Question
After allowing a discount of \[7\frac{1}{2}\]% on the marked price, an article is sold for Rs 555. Find its markd price.
Advertisements
Solution
\[\text { Given }, \]
\[\text { SP of the article = Rs } . 555\]
\[\text { Discount = 7 . 5 % } \]
\[\text { Let the MP of the article be Rs } . x . \]
\[\text { Therefore, Discount } = \frac{\text { Discount } \times MP}{100} = Rs . \frac{7 . 5x}{100} = Rs . 0 . 075x\]
\[\text { Since SP = MP - Discount, }\]
\[555 = x - 0 . 075x\]
\[555 = 0 . 925x\]
\[x = \frac{555}{0 . 925}\]
\[ = Rs . 600\]
\[\text { Thus, the MP of the article is Rs } . 600 .\]
APPEARS IN
RELATED QUESTIONS
A VCR and TV were bought for Rs 8,000 each. The shopkeeper made a loss of 4% on the VCR and a profit of 8% on the TV. Find the gain or loss percent on the whole transaction.
A retailer buys a cooler for Rs 1200 and overhead expenses on it are Rs 40. If he sells the cooler for Rs 1550, determine his profit percent.
A dealer bought two tables for Rs 3120. He sold one of them at a loss of 15% and other at a gain of 36%. Then, he found that each table was sold for the same price. Find the cost price of each table.
After allowing a discount of 20% on the marked price of a lamp, a trader loses 10%. By what percentage is the marked price above the cost price?
Shikha purchased a car with a marked price of RS 210000 at a discount of 5%. If VAT is charged at the rate of 10%, find the amount Shikha had paid for purchasing the car.
Indrajit bought 10 refrigerators at Rs 12000 each and spent Rs 5000 on transport. For how much should he sell each refrigerator in order to make a profit of Rs 20000?
If the selling price of 10 rulers is the same as the cost price of 15 rulers, then find the profit percentage
Achal bought a second-hand car for Rs 2,25,000 and spend Rs 25,000 for repairing. If he sold it for Rs 3,25,000, what is his profit per cent?
Brinda purchased 18 coats at the rate of Rs 1,500 each and sold them at a profit of 6%. If customer is to pay sales tax at the rate of 4%, how much will one coat cost to the customer and what will be the total profit earned by Brinda after selling all coats?
In an entertainment programme, 250 tickets of ₹ 400 and 500 tickets of ₹ 100 were sold. If the entertainment tax is 40% on ticket of ₹ 400 and 20% on ticket of ₹ 100, find how much entertainment tax was collected from the programme.
