Profit and Loss

The marked price of an article is 60 percent more than its cost price. If 20 percent discount is given, then what will be the profit percentage?

Question: The marked price of an article is 60 percent more than its cost price. If 20 percent discount is given, then what will be the profit percentage? Answer: 1. 28 percent Solution: marked price= 1.6 times cost pricem=1.6 cs(selling price)= m-m(0.2)s=0.8 m = 0.8(1.6)cprofit = (s-c)/c=0.28percentage 28 percent

The marked price of an article is 60 percent more than its cost price. If 20 percent discount is given, then what will be the profit percentage? Read More »

Rs. 9000 is lent at the rate of 80 percent per annum on compound interest (compounded half yearly). what will be the compound interest of 12 months?

Question: Rs. 9000 is lent at the rate of 80 percent per annum on compound interest (compounded half yearly). what will be the compound interest of 12 months? Answer: Rs. 8640 Solution:interest= PXRXT/100Compound interest be x(9000(0.5)(0.8)+ 9000(1+0.5(0.8))(0.8)(0.5))/1003600+5040Rs 8640

Rs. 9000 is lent at the rate of 80 percent per annum on compound interest (compounded half yearly). what will be the compound interest of 12 months? Read More »

Marked price of a chair is Rs. 2000. After giving two successive discounts of 20 percent and x percent, the chair is sold for Rs. 1400. What is the value of x?

Question: Marked price of a chair is Rs. 2000. After giving two successive discounts of 20 percent and x percent, the chair is sold for Rs. 1400. What is the value of x? Answer: 12.5 percent Solutions: bulding equation selling price after 1 st dsicount 2000-0.2(2000)=1600building equation after x discount1600-(0.01)x1600=1400200=0.01(x) 16001/8=12.5 percent

Marked price of a chair is Rs. 2000. After giving two successive discounts of 20 percent and x percent, the chair is sold for Rs. 1400. What is the value of x? Read More »

Both A and B sells their watch at the rate of Rs. 5000 per watch. A earned a profit of 25 percent while B incurred a loss of 10 percent. What is the ratio od cost prices of Aand B?

Question: Both A and B sells their watch at the rate of Rs. 5000 per watch. A earned a profit of 25 percent while B incurred a loss of 10 percent. What is the ratio of cost prices of A and B? Answer: 2. 18:25 Solution:Creating equations 25 percent profit at a sell of 5000c.p

Both A and B sells their watch at the rate of Rs. 5000 per watch. A earned a profit of 25 percent while B incurred a loss of 10 percent. What is the ratio od cost prices of Aand B? Read More »

A sum of money placed at compound interest (compounding annually) doubles itself in 10 years. find the time in which it will amount to 4 times itself.

Question: A sum of money placed at compound interest (compounding annually) doubles itself in 10 years. find the time in which it will amount to 4 times itself. Answer: 20 years Solution:Time is directly proportional to amount.As amount is doubled in 10 years so amount will 4 times in next 10 years.

A sum of money placed at compound interest (compounding annually) doubles itself in 10 years. find the time in which it will amount to 4 times itself. Read More »

Rohit buys an old bat for Rs 2320 and spends Rs 180 on its repairing. If he sells it for Rs. 2400 , then what is the loss

Question : Rohit buys an old bat for Rs 2320 and spends Rs 180 on its repairing. If he sells it for Rs. 2400 , then what is the loss Answer: 4 is the correct answer Solution : Total money spend on the bat by Rohit (cost price)= Rs 2320+180 = Rs 2500Total loss occur=

Rohit buys an old bat for Rs 2320 and spends Rs 180 on its repairing. If he sells it for Rs. 2400 , then what is the loss Read More »

Exit mobile version