Advertisements
Advertisements
Question
The cost price of an article is 30 percent less than its selling price. Find, the profit or loss as a percent.
Advertisements
Solution
Let S.P. of the article = Rs.100
30% of S.P. = Rs.`30/100xx100` = Rs.30
∴ C.P. of the article = 100 − 30 = Rs.70
Profit = S.P. − C.P.
= Rs.100 − Rs.70 = Rs.30
Profit % =`"Profit"/"C.P."xx100`
`=30/70xx100=300/7%=42 6/7%`
APPEARS IN
RELATED QUESTIONS
The marked price of a ceiling fan is Rs 720. During off season, it is sold for Rs 684. Determine the discount percent.
If marked price = ₹ 1700, selling price = ₹ 1540 then find the discount.
The selling price of 15 articles is equal to the cost price of 12 articles. Find the gain or loss as a percent.
The cost price of an article is Rs. 2,400 and it is marked at 25% above the cost price. Find the profit and the profit percent, if the article is sold at a 15% discount.
A shopkeeper bought a TV at a discount of 30% of the listed price of ₹ 24000. The shopkeeper offers a discount of 10% of the listed price to his customer. If the VAT (Value Added Tax) is 10%, find the amount paid by the customer, the VAT to be paid by the shopkeeper.
Find the S.P. in the following:
M.P. =Rs. 5500, Discount = 30%
A trader allows a discount of 12% on the marked price of the goods in his shop. He still makes a gross profit of 21% on the cost price. Find the profit percent he would have made, had he sold the goods at the marked price.
Find discount in per cent when M.P. = Rs 625 and S.P. = Rs 562.50
A watch worth Rs 5400 is offered for sale at Rs 4,500. What per cent discount is offered during the sale?
Arunima bought household items whose marked price and discount % is as follows:
| Item | Quantity | Rate | Amount | Discount % |
| (a) Atta | 1 packet | 200 | 200 | 16% |
| (b) Detergent | 1 packet | 371 | 371 | 22.10% |
| (c) Namkeen | 1 packet | 153 | 153 | 18.30% |
Find the total amount of the bill she has to pay.
