Advertisements
Advertisements
Question
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
Advertisements
Solution
Total cost of an article = Cost + Overhead expenses
= Rs 15500 + Rs 450
= Rs 15950
Profit % = `"Profit"/"C.P" xx 100`
15 = `"Profit"/"Rs 15950" xx 100`
Profit = Rs `(15950 xx 15)/100` = Rs 2392.50
∴ Selling price of the article = C.P. + Profit = Rs (15950 + 2392.50)
= Rs 18342.50
RELATED QUESTIONS
Ravish sold his motorcycle to Vineet at a loss of 28%. Vineet spent Rs 1680 on its repairs and sold the motor cycle to Rahul for Rs 35910, thereby making a profit of 12.5%, find the cost price of the motor cycle for Ravish.
A shop selling sewing machines offers 3% discount on all cash purchases. What cash amount does a customer pay for a sewing machine the price of which is marked as Rs 650.
After allowing a discount of \[7\frac{1}{2}\]% on the marked price, an article is sold for Rs 555. Find its markd price.
Using the figures given below, frame problems based on profit percent or loss percent.
Cost price ₹ 2000, selling price ₹ 1900
If a mattress is marked for ₹ 7500 and is available at two successive discount of 10% and 20%, find the amount to be paid by the customer
Muthu has a car worth ₹ 8,50,000 and he wants to sell it at a profit of ₹ 25,000. What should be the selling price of the car?
The original price of a shampoo bottle bought for Rs 324 if 8% VAT is included in the price is Rs 300.
At a toy shop price of all the toys is reduced to 66% of the original price. How much money would you save on a toy costing Rs 90?
A fruit seller purchased 20 kg of apples at ₹ 50 per kg. Out of these, 5% of the apples were found to be rotten. If he sells the remaining apples at ₹ 60 per kg, then his ______ is ______%.
John sells goods worth ₹ 2,000 to Manish belonging to the same state. John gives a discount of 20% and charges GST = 5%. Then John gets ______.
