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If by selling 110 mangoes, the C.P. of 120 mangoes is realised, the gain percentage is ?
OOPS, your answer is incorrect
Let C.P. of each mango be Rs. 1.
C.P. of 110 mangoes = Rs. 110;
By selling 110 mangoes, the C.P. of 120 mangoes is realised, therefore
S.P. of 110 mangoes = Rs. 120.
Gain = (10/110) x 100 = 100/11 = 9 1/11 %
A retailer buys 40 pens at the marked price of 36 pens from a wholesaler. If he sells these pens giving a discount of 1%, what is the profit percent ?
OOPS, your answer is incorrect
Let the marked price of each pen be 1 Rs.
Then he buys 40 pens at 36 Rs. (Since 40 pens at the marked price of 36 pens)
So, the price of each pen = 36/40 = 0.9 Rs.
While selling he makes 1% discount from the marked price 1 Rs. Thus, he sells at 0.99 Rs.
Profit for a pen = 0.99 - 0.9 = 0.09
In percentage, profit = (0.09 / 0.9) x 100 = 10%
An uneducated retailer marks all his goods at 50% above the cost price and thinking that he will still make 25% profit, offers a discount of 25% on the marked price. What is his actual profit on the sales ?
OOPS, your answer is incorrect
Retailer marks all his goods at 50% above the cost price, so\n\nLet Cost Price = Rs. 100. Then, the marked price = Rs. 150.\n\nAfter offering 25% of discount from the marked price,\n\nSelling Price = 75% of Rs. 150 = Rs. 112.50.\n\nThus, Gain in % = 12.50%.\n
A machine is sold at a profit of 10%. Had it been sold for Rs. 40 less, there would have been a loss of 10%. What was the cost price ?
OOPS, your answer is incorrect
Let the Cost price be k.
For a profit of 10%, Selling price = k + 10% of k = 11k /10
For a loss of 10%, ( k - 10% of k ) = ( 11k /10 ) - 40
► 9k/10 = ( 11k/10 ) - 40
► k = 200
A man buys an article for rs.27.50 and sells it for rs.28.60. Find the gain in %. ?
OOPS, your answer is incorrect
Gain = Selling price - Cost price
Gain = 28.60 - 27.50 = 1.10
Gain in percentage = Gain x 100 / Cost price
Gain in percentage = 1.10 x 100 / 27.50 = 4 %