A seller sold a cloth for Rs. 720 after giving 20% discount on the labelled price. Had he not given the discount, he would have earned a profit of 40% on the CP. what was the Cp of the cloth? Answer : Let CP= x Sp of each cloth =80/100*x =720 x= 720*100/80 =900 CP= 900* 100/140 =Rs 643....
The ratio of the cost price of product A to that of B is 5:7. product A was sold at a profit of 80% and product B was sold at a profit of 20%. If the total profit earned after selling both the (products A and B is Rs 296) what is the difference between the cost prices of product A and B? Answer : CP of product A= 5X CP of product B=7x Total price = (5x*0.8)+(7x*0.2) =296 4X+1.4X=296 5.4X=296 x=54.81=55(approx.) difference of the CP= 7x-5x=2x=2*55 = Rs. 110...
Mani went to purchase a mi mobile handset, the shopkeeper told him to pay 25% tax if he asked the bill. Mani manages to get the discount of 10% on the actual saleprice of the mobile and he paid ... to pay 25% tax on the already discounted price, what is the amount of discount that he has gotten? Answer : CP = 100, SP (with tax) =125 New SP = 100 - 10 = 90 Effective discount = 125-90 = 35 So, at SP of 90 ----> discount = 35 and at SP of 3275-----> discount = 35/90*3275= Rs 1274(approx.)...
Kabi buys wheat at Rs. 15/kg and puts a price tag on it so as to earn a profit of 10%. However, his faulty balance shows 1000 gm when it is actually 900 gm. What is his actual gain percentage? Answer : CP of 1000gm = Rs. 15 SP of 900gm = Rs. 16.5 SP of 1000gm =16.5x1000/900 = Rs. 18 Now take 1000gm as reference to calculate profit. Profit=SP-CP=18-15=Rs. 3 Profit % = 3x100/15 = 20% ...
Rita bought a computer with a discount of 10% on its marked price. she sold it at a price 25% more than the price at which she bought it. The new SP is how much percentage more than marked price? Answer : Mp=Rs x Sp=Rs 90/100*x=9x/10 Sp=9x/10*125/100=9x/8 Required %= (9x/8-x)/x *100 = 12.5%...
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