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
Three friends shared the cost of a television. If Amit, Bharat, and Dinesh each paid Rs. 4200, Rs. 3000 and Rs. 1800 respectively, then Dinesh paid what percent of the total cost?
A shirt was sold at a profit of 15%, If its cost had been 5% less and it had been sold for ₹21 less, then the profit would have been 10%. Find the cost of the shirt.
When a plot is sold for ₹ 18700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?
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
A person bought two bicycles for ₹1600 and sold the first at 10% profit and the second at 20% profit. If he sold the first at 20% profit and the second at 10% profit, he would get ₹5 more. The difference in the cost price of the two bicycles was
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?
Oranges are bought at rate of 7 for ₹ 3. At what rate per hundred must they be sold to gain 33%?
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?
An accountant calculated profit to be 25% at end of a financial year. However, later it was detected that, by mistake, the accountant had calculated the profit % on selling Price instead of cost price. Find the actual Profit% if sales were ₹ 48000 for that particular period.
The cost price of an article is ₹ 390. If it is to be sold at a profit of 3.12 per cent, how much would be Its approximate selling price?
