Advertisements
Advertisements
Question
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.
Advertisements
Solution
C.P. = ₹2,400
∴ Marked price `=(2400(100+25))/100`
= 24 × 125
= ₹3000
Discount = 15%
∴ S.P.`=(3000xx(100-15))/100`
= 30 × 85
= ₹2550
∴ Profit = ₹2550 − ₹2400 = ₹150
Profit%`=150/2400xx100=50/8=25/4`
`=6 1/4%`
APPEARS IN
RELATED QUESTIONS
If John sells his bicycle for Rs. 637, he will suffer a loss of 9%. For how much should it be sold, if he desires a profit of 5%?
By selling 8 pens, Shyam loses equal to the cost price of 2 pens. Find his loss percent.
Find a single discount (as a percent) equivalent to following successive discounts:
10%, 20% and 20%
An article costs Rs. 2000 to a manufacturer who lists its price at Rs. 2500. He sells it to a trader at a discount of 5%. The trader gets a further discount of 5% for cash payment. Find the amount that the trader pays to the manufacturer and the profit percent that the manufacturer makes on the sale.
Find the S.P. in the following :
M.P. = Rs.850, Discount = 16%
A tradesman sells his goods at 10% discount. What price should he mark on an article that costs him Rs.2400, to gain 12.5%?
A shopkeeper allows a discount of 12.5% on the marked price and makes a profit of 20%. If the cost price is Rs.4200, what should be the marked price?
A retailer buys a washing machine marked at Rs.4800 and gets two successive discounts of 15% and 5%. He spends Rs.124 on transportation and sells it at a gain of 13%. Find the selling price of the machine.
Discount is a reduction given on cost price of an article.
Find the M.P. if S.P. = Rs 9,250 and discount = `7 1/2%`
