Advertisements
Advertisements
Question
An article is marked 60% above the cost price and sold at 20% discount. Find the profit percent made.
Advertisements
Solution
Let cost price of an article = Rs. 100
∴ Marked price = Rs. 100 + 60 = Rs. 160
Rate of discount = 20%
∴ S.P. = `("M.P." xx (100 - "Discount %"))/100`
`= (160 xx (100 - 20))/100`
`= (160 xx 80)/100` = Rs. 128
Profit = S.P. - C.P.
= Rs. 128 - 100 = Rs. 28
∴ Profit % =`("Profit" xx 100)/"C.P."`
`= (28 xx 100)/100 = 28%`
APPEARS IN
RELATED QUESTIONS
Find the gain or loss percent, if CP. = Rs. 216 and loss = Rs. 72
Find the selling price, if: C.P. = Rs. 500 and gain = 25%
Find the selling price, if: C.P. = Rs. 60 and loss = 12 1/2%
Rohit bought a tape-recorder for Rs. 1,500 and sold it for Rs. 1,800. Calculate his profit or loss percent.
The selling price of an article is Rs. 1,200 and cost price is `5/4` times of its selling price, find:
(i) cost price of the article ;
(ii) profit or loss as percent.
Find the cost price, if S.P. = Rs. 1 and loss = 5 p.
The list price of an article is ₹450 and it is sold for ₹360. Find: (i) discount (ii) discount percent
A dealer buys a T.V. set for Rs. 2500. He marks it at Rs. 3,200 and then gives a discount of 10% on it. Find:
(i) the selling price of the T.V. set
(ii) the profit percent made by the dealer.
A sells his goods at 15% discount. Find the price of an article which is sold for Rs. 680.
The C.P. of 5 identical articles is equal to S.P. of 4 articles. Calculate the profit percent or loss percent made if all the articles bought are sold.
