Advertisements
Advertisements
Question
Sushma sold her watch for ₹ 3320 at a gain of ₹ 320. For earning a gain of 10% she should have sold the watch for ₹ 3300.
Options
True
False
Advertisements
Solution
This statement is True.
Explanation:
S.P. of a watch = ₹ 3320
Gain = ₹ 320
∴ C.P. of the watch = ₹ (3320 – 320) = ₹ 3000
Required gain % = 10
`"S.P." = ((100 + "Gain"%)/100) xx "C.P."`
= `((100 + 10)/100) xx 3000`
= `110/100 xx 3000`
= ₹ 3300
So, for earning again of 10% Sushma should have sold the watch for ₹ 3300.
APPEARS IN
RELATED QUESTIONS
If the selling price of 18 oranges is equal to the cost price of 16 oranges, find the loss percent.
A cycle merchant allows 20% discount on the marked price of the cycles and still makes a profit of 20%. If he gains Rs 360 over the sale of one cycle, find the marked price of the cycle.
Hamidbhai bought bananas worth 2000 rupees and sold them all for 1890 rupees. Did he make a profit or a loss? How much was it?
Find the total bill amount for the data given below:
| Name of the item | Marked Price | Discount | GST |
| Hair dryer | ₹ 2000 | 10% | 28% |
If Guna marks his product to be sold for ₹ 325 and gives a discount of ₹ 30, then find the S.P.
Discount = M.P. − __________
A store is having a 25% discount sale. Sheela has a Rs 50 gift voucher and wants to use it to buy a board game marked for Rs 320. She is not sure how to calculate the concession she will get. The sales clerk has suggested two ways to calculate the amount payable.
- Method 1: Subtract Rs 50 from the price and take 25% off the resulting price.
- Method 2: Take 25% off the original price and then subtract Rs 50.
- Do you think both the methods will give the same result? If not, predict which method will be beneficial for her.
- For each method, calculate the amount Sheela would have to pay. Show your work.
- Which method do you think stores actually use? Why?
A cricket bat was purchased for ₹ 800 and was sold for ₹ 1600. Then profit earned is ______.
By selling a chair for ₹ 1440, a shopkeeper loses 10%. At what price, did he buy it?
A person wanted to sell a scooter at a loss of 25%. But at the last moment he changed his mind and sold the scooter at a loss of 20%. If the difference in the two SP’s is ₹ 4000, then find the CP of the scooter.
