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%...
Deepak selling a product at 48% discount, he incurs a loss of 10%. The marked price of the product is 15000 Rs. At what percent discount he should sell the product so as to have a profit of 30%. Answer : Mp=15000==>Sp= 15000*0.52= 7800. Loss of 10% is there==>Cp= 7800/ 0.90= RS.8666.66 Profit of 30% = 6000*1.15=11266.66 Discount should be Rs2600 Discount % should be {2600/15000}*100 =17.3%...
In a certain occupation, the profit is 110% of the cost. If the cost increases by 13% but the selling price remains constant, approximately what percentage of the selling price is the profit? Answer : Let Cp= RS.100 Profit= Rs 110 Sp= Rs 210 New Cp= 113%0f Rs.100=Rs. 113 New SP= Rs. 210 Profit= Rs. (210-113)= Rs. 97 Required %= 97/210*100=46%...
In a certain office, the profit is 160% of the cost. If the cost increases by 12% but the selling price remains constant, approximately what is the percentage profit? Answer : Let cost price = Rs.100 ; then profit = 160 Selling price = Rs.260 ; new cost price = 112% of Rs 100 New cost price = 122 ; new selling price = Rs 260 Profit = 260 – 112 = Rs.148 Required percentage = (148/112 *100)% = 132.14% ...
By selling a mobile at 52% discount, a seller incurs a loss of 8%. The marked price of the product is 18000 Rs. At what percent discount the seller should sell the mobile so as to have a profit of 33%. Answer : Since, Marked Price = 18000 Therefore, Selling Price = 18000*0.48 = 8640 Loss of 8% is there Therefore, Cost price = 8640/0.92 = 9391.30Rs To have profit of 33% The Selling Price should be = 9391. ... should be 18000 - 12490.42 = 5509.58Rs Discount% should be [5509.58/18000]*100 = 30.60 ≈ 31%....
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