A shopkeeper bought an article for ₹500.
A shopkeeper bought an article for ₹500. At what price (in ₹) should he sell the article to make 28% profit?
एक दुकानदार ने ₹500 में एक वस्तु खरीदी। 28% लाभ प्राप्त करने के लिए उसे वस्तु को किस मूल्य (₹ में) पर बेचना चाहिए?
Detailed Solution & Logic
Correct Answer:
640
Cost Price (CP)= ₹500
Profit % = 28%
Selling Price (SP) = CP + $ \text{Profit} = CP \left(1 + \frac{28}{100}\right) $
$ SP = 500 \times \frac{128}{100} $
$ SP = 500 \times 1.28 = ₹640 $
Answer = ₹640
Similar Practice Questions
An art dealer sells a painting for Rs.6,600, making a profit of 10% after paying Rs. 600 in restoration charges.
An art dealer sells a painting for Rs.6,600, making a profit of 10% after paying...
Aakash, Suman, and Raj invest ₹1,720, ₹1,690, and ₹1,240, respectively to start abusiness. If the profit at the end of the year is ₹1,440, then what is the share of Raj in the profit?
Aakash, Suman, and Raj invest ₹1,720, ₹1,690, and ₹1,240, respectively to start abusiness. If the...
M and N start a business. M invests ₹79,000 more than N for 7 months and N invests for 6 months. M’s share is ₹745 more than that of N, out of a total profit of ₹6,705. Find the capital contributed by M.
M and N start a business. M invests ₹79,000 more than N for 7 months...
Gautam started a business with a sum of ₹60,000. Jatin joined him 8 months later with a sum of ₹35,000 At what respective ratio will the two share the profit after two years?
Gautam started a business with a sum of ₹60,000. Jatin joined him 8 months later...
Mohan bought 51 books for ₹1,150 from one shop and 48 books for ₹920 from another. What is the average price (in ₹, rounded off to two decimal places) did he pay per book?
Mohan bought 51 books for ₹1,150 from one shop and 48 books for ₹920 from...
A seller makes a loss of 5% by selling a shirt for ₹1,000. He would have made x% profit by selling for ₹1,400. Find the value of x.
A seller makes a loss of 5% by selling a shirt for ₹1,000. He would...
If the cost price of a camera is 75%
If the cost price of a camera is 75% of its selling price, then the...