Advertisements
Advertisements
Question
On selling an article for ₹ 329, a dealer lost 6%. The cost price of the article is ______.
Options
₹ 310.37
₹ 348.74
₹ 335
₹ 350
Advertisements
Solution
On selling an article for ₹ 329, a dealer lost 6%. The cost price of the article is ₹ 350.
Explanation:
Given, SP = ₹ 329 and Loss% = 6%
We know that,
Loss% = `"Loss"/(CP) xx 100`
⇒ `6 = (CP - SP)/(CP) xx 100` ...[∵ Loss = CP – SP]
⇒ 6CP = 100(CP – SP)
⇒ `6/100 CP = CP - SP`
⇒ `CP - 6/100 CP = 329` ...[∵ SP = ₹ 329, given]
⇒ `94/100 CP = 329`
⇒ `CP = (329 xx 100)/94`
∴ CP = ₹ 350
APPEARS IN
RELATED QUESTIONS
I buy a T.V. for ₹ 10,000 and sell it at a profit of 20%. How much money do I get for it?
Amina buys a book for ₹ 275 and sells it at a loss of 15%. How much does she sell it for?
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?
A retailer buys an article at a discount of 20% on the listed price from a wholesaler. The shopkeeper marks up the price by 10% on the listed price. A buyer pays Rs 231 to get it after paying a sales tax at the rate of 5% on the price asked for. Find the profit percentage.
A branded Air-Conditioner (AC) has a marked price of ₹ 38000. There is a condition given for the customer.
Discount of 8% on the marked price but no free gifts. 
Fill up the appropriate boxes in the following table
| SI. No | C.P. in ₹ |
S.P. in ₹ |
Profit in ₹ |
Loss in ₹ |
| (i) | 100 | 120 | ||
| (ii) | 110 | 120 | ||
| (iii) | 120 | 20 | ||
| (iv) | 100 | 90 | ||
| (v) | 120 | 25 |
A TV set was bought for Rs 26,250 including 5% VAT. The original price of the TV set is ______.
Babita bought 160 kg of mangoes at Rs 48 per kg. She sold 70% of the mangoes at Rs 70 per kg and the remaining mangoes at Rs 40 per kg. Find Babita’s gain or loss per cent on the whole dealing.
If a chair is bought for ₹ 2000 and is sold at a gain of 10%, then selling price of the chair is ₹ 2010.
Harish bought a gas-chullah for ₹ 900 and later sold it to Archana at a profit of 5 per cent. Archana used it for a period of two years and later sold it to Babita at a loss of 20 per cent. For how much did Babita get it?
