A shopkeeper buys an article at ` 12000 and spends 10% of cost price as a transport. He marked price 20% above the price at which he buy and sells at mark marked price, find his profit percent.
If cost price of 11 pens is same as marked price of 9 pens. What is the profit percentage if it is same as the discount percentage offered?
correct ans:10%
solution please
Let the cost price of 1 pen be Rs 1.
CP of 11 pens = MP of 9 pens = Rs. 11
CP of 9 pens = Rs 9.
if profit is p% then ,
9 x ( 100 + p)/100 = 11 x ( 100 - p)/
Solving this we get p = 10.
Vinayak bought a ticket for the grand finale of the ‘Bull fighting’ challenge in Valencia, Spain. Unfortunately, he had to change his plans and decided to sell his ticket. He expected a lot of demand for the ticket but had to sell it for 1/2 of what he had initially quoted. This reduced his profits by 60%. His profit margin, in %, must have been
25
75
66.66
Let the price of the the ticket be X.
Quoted price : 2Y
Profit on quoted price : 2Y - X
Profit on 1/2 of quoted price : Y - X
40% of ( 2Y - X) = Y - X.
X/Y = 1/3
Profit Margin : 100 x ( 3-1)/2 = 66.66%
Sir is it wrong?
Roma sells 60 identical toys at a discount of 40% on printed price. Then she makes 20%profit. Ten of these toys are destroyesd. While selling tje rest , how much discount should be given on the printed price so that she can make the same amount on profit?
A 30
B 23
C 24
D 28
Let mp of 60 articles be 60 RS.
Discounted price = 60*(100-40)/100 =36rs
On selling at 36 RS he gains 20% so we have to maintain same price
Now 10 articles are destroyed so mp of 50 articles is 50 RS.
And we have to sell at 36 RS so discount = 14 RS
% discount = (14/50)*100 = 28%
Hence option D
If an article is sold for rs. X then there is a loss of 15%. And if the article is sold for rs. Y then there is a profit of 15%. What is the ratio of y-x/y+x ?
assume the cost of article = C
15% loss = .85c =x
15% profit = 1.15c= y
now
(y-x)/(y+x) = (1.15-0.85)/(0.85+1.15) = 0.3/2 = 3/20
