Advertisements
Advertisements
Question
Naresh bought a bicycle each for his two sons, each bicycle priced at Rs. 3500. If the first bicycle is sold at a profit of 5%, how much should the other bicycle be sold for, to gain a total of 20% on both?
Options
15%
10%
25%
35%
Advertisements
Solution
35%
Explanation:
The total cost price of two bicycle = 3500 × 2 = 7000
Seling price to get a 20% profit on both
`=7000xx((100+20)/100)=8400`
The selling price of the first bicycle on a profit of 5%
`=3500xx((100+5)/100)=3675`
The required selling price of the second bicycle
= 8400 − 3675 = 4725
Profi = 4725 − 3500 = 1225
Profit % `=1225/2500xx100` = 35%
APPEARS IN
RELATED QUESTIONS
By selling 11 oranges for a rupee, a man loses 10%. How many oranges for a rupee should he sell to gain 10%?
A shopkeeper mixes two varieties of Tea, one costing ₹40/kg and another ₹50/kg in the ratio 3: 2. If he sells the mixed variety of Tea at ₹48/kg, his gain or loss percent is
In a certain store, the profit is 320% of the cost. If the cost increases by 25%, but the selling price remains constant, approximately what percentage of the selling price is the profit?
Some articles were bought at 6 articles for ₹ 5 and sold at 5 articles for ₹ 6. Gain percent is
By selling an article at `3/4`th of the marked price, there is a gain of 25%. The ratio of the marked price and the cost price is
A seller marks his good 30% above their cost price but allows a 15% discount for cash payment. His percentage of profit, when sold in cash, is
An article is sold at a loss of 5% If it is sold at ₹72 more, then there would be a profit of 4%. What is the actual price of the article?
A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?
The cost prices of the two articles are in the ratio of 4:5. While selling these articles, the shopkeeper gains 10% on one article and 20% profit on the other article, and the difference in the selling price is ₹480. Find the total cost price of both the articles.
Ramesh uses a weight of 930 gm instead of 1 kg and sells sugar on its cost price. What will be his profit per cent on selling 15 kg of sugar?
