In order that there may be a profit of 15% after allowing a discount of 10% on the marked price, The marked price of an book has to be increased by %? Answer : Mp= Rs x Sp= 90x/100= 9x/10 Mp= 9x/10*100/115=18x/23 Mp has increased by (x-18x/23)/(18x/23)*100 =27.7%...
The price of a necklace, passing through a 3 persons, rises on the whole by 32.5%. If the 1st and the 2nd sellers earned 10% and 12.5% profit respectively. Find the percentage profit earned by the 3rd seller. Answer : Let the original price of the necklace be Rs x and Let the profit earned by the 3rd seller be P% Then (100+P)% of 112.5% of 110% of x = 132.5% of x (100+P/100)*(112.5/100)*(x) = 132.5/100 ... /12375 100+P = 107.07 P= 107.07 - 100 = 7.07% The percentage profit earned by the 3rd seller = 7%...
Kumaran stores offered 60% discount on the marked price and there is a loss of 30%. If it is sold the MP, find the profit percentage? Answer : MP= Rs X Sp= 40/100*x= 2x/5 CP= 2x/5*100/70=4x/7 Profit when sold at MP= x-4x/7 =3x/7 Profit% = (3x/7)/(4x/7)*100=75%...
In a shop the profit is 160% of the cost. If the cost increased by 12.5% but the selling price remains constatnt, approximately what percentage of the selling price is the profit? Answer : Let cost price be ‘x’ Then profit = Rs 160 Selling price = Rs.260 New cost price = 112.5% 0f Rs.100 = (112.5x/100 * 100) = Rs.112.5 New selling price = Rs.260 Profit = Rs(260 – 112.5) = Rs.147.5 Required percentage = (147.5/260 * 100) % =56.7%...
In a certain mall, the profit is 160% of the cost. If the cost increases by 12.5% but the selling price remains constant, approximately what percentage of the selling price is the profit? Answer : Let C.P.= Rs. 100. Then, Profit = Rs. 160, S.P. = Rs. 260. New C.P. = 112.5% of Rs. 100 = Rs. 112.5 New S.P. = Rs. 260. Profit = Rs. (260– 112.5) = Rs. 147.5 Required percentage = 147.5/260*100=57% (approx.)...
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