Advertisements
Advertisements
Question
The cost price of an article is 96% of its selling price. Find the loss or the gain as percent on the whole.
Advertisements
Solution
Let S.P = ₹ 100
C.P. = 96 % of S.P.
`= ₹ 96/100 xx 100 = ₹ 96`
∴ Gain = ₹ 100 - ₹ 96 = ₹ 4
and, gain percent
`= ("Gain" xx 100)/"C.P."`
`= 4/96 xx 100%`
`= 25/6` or `4 1/6 %`
APPEARS IN
RELATED QUESTIONS
Find the gain or loss percent, if C.P. = Rs. 450 and S.P. = Rs. 400
Rohit bought a tape-recorder for Rs. 1,500 and sold it for Rs. 1,800. Calculate his profit or loss percent.
An old machine is bought for Rs. 1,400 and is sold at a loss of 15%. Find its selling price.
Find the cost price, if: S.P. = Rs. 22 and loss = 12%
Find the cost price, if S.P. = Rs. 1 and loss = 5 p.
On selling an article for Rs. 2,640, a profit of 10 percent is made. Find
- cost price of the article
- new selling price of it, in order to gain 15%
The list price of an article is ₹450 and it is sold for ₹360. Find: (i) discount (ii) discount percent
A sells his goods at 15% discount. Find the price of an article which is sold for Rs. 680.
A certain number of articles are bought at Rs. 450 per dozen and all of them are sold at a profit of 20%. Find the S.P. of:
(i) one article
(ii)seven articles.
An article is marked 60% above the cost price and sold at 20% discount. Find the profit percent made.
