Advertisements
Advertisements
Question
If the selling price of 10 rulers is the same as the cost price of 15 rulers, then find the profit percentage
Advertisements
Solution
Let cost price of one ruler be x
Given that selling price (S.P) of 10 rulers
i.e., same as cost price (C.P) of 15 rulers
∴ S.P of 10 rulers = 15 × x = 15x
∴ S.P of 1 ruler = `(15x)/10` = 1.5x
∴ Gain = S.P of 1 ruler – C.P of 1 ruler
= 1.5x – x = 0.5x
Gain % = `"Gain"/"C.P" xx 100`
= `(0.5x)/x xx 100`
= 50%
APPEARS IN
RELATED QUESTIONS
The cost of an article was Rs 15,500. Rs 450 were spent on its repairs. If it is sold for a profit of 15%, find the selling price of the article
A dealer buys a wristwatch for Rs 225 and spends Rs 15 on its repairs. If he sells the same for Rs 300, find his profit percent.
If the selling price of 10 pens is equal to cost price of 14 pens, find the gain percent.
On the eve of Gandhi Jayanti a saree is sold for Rs 720 after allowing 20% discount. What is its marked price?
A shopkeeper offers 10% off-season discount to the customers and still makes a profit of 26%. What is the cost price for the shopkeeper on a pair of shoes marked at Rs 1120?
Some articles are bought at 2 for ₹ 15 and sold at 3 for ₹ 25. Find the gain percentage
An electrician buys a used T.V. for ₹ 12,000 and a used Fridge for ₹ 11,000. After spending ₹ 1000 on repairing the T.V. and ₹ 1500 on painting the Fridge, he fixes up the M.P. of T.V. as ₹ 15,000 and that of Fridge as ₹ 15,500. If he gives ₹ 1000 discount on each find his profit or loss
On selling a chair for Rs 736, a shopkeeper suffers a loss of 8%. At what price should he sell it so as to gain 8%?
If 90% of x is 315 km, then the value of x is ______.
If the price of sugar is decreased by 20%, then the new price of 3 kg sugar originally costing ₹ 120 will be ______.
