Advertisements
Advertisements
Question
The cost price of an article is 90% of its selling price. What is the profit or the loss as a percent ?
Advertisements
Solution
Let S.P. of the article = Rs.100
∴ C.P. of the article =`90/100xx100`
= Rs.90
Gain = Rs.100 − Rs.90 = Rs.10
Gain%`="Gain"/"C.P."xx100`
`=10/90xx100=100/9%=11 1/9%`
APPEARS IN
RELATED QUESTIONS
Find the S.P. if M.P. = Rs 500 and Discount = 15%.
If marked price = ₹ 990 and percentage of discount is 10, then find the selling price.
A shopkeeper sells his goods at 80% of their cost price. Find the percent gain or losses?
At 12% discount, the selling price of a pen is Rs. 13.20. Find its marked price. Also, find the new selling price of the pen, if it is sold at 5% discount.
Find if the following discount series is better for the customer:
25%, 20% and 15%
Find the S.P. in the following :
M.P. = Rs.5500, Discount = 30%
Find the S.P. in the following :
M.P. = Rs.1625, Discount = 12%
The list price of a watch is Rs.4000. It is available either at 25% flat discount or at successive discounts of 15% and 12%. Calculate the better offer and the amount paid in the second offer.
______ is a reduction on the marked price of the article.
Discount is a reduction given on cost price of an article.
