Question
Profit percentage received on a product when sold for
Rs.550 is equal to the percentage loss incurred when the same product is sold for Rs.380. Find the selling price of the product if the shopkeeper wants to have a profit of 40%.Solution
Let the cost price of the article be Rs.x. According to the question, => 550 – x = x – 380 => 2x = 930 => x = 465 Selling price of the product at profit of 40% = 465 x 1.4 = Rs.651
More Profit and loss Questions
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
If a:(b+c) =3:9 and c:(a+b) =10:14 then find the value of b:(a+c)?
9214.39 - 6843.57 + 8435.22 + ? = 17620.47
Solve the given equation for ?. Find the approximate value.
(124.85% of 639.77 – 39.85% of 450.21) × (√224.85 ÷ √35.96) = ?
...
15.001% of 799.99 - 3/11% of 1099.99 + 111.002 = ?
? = 16.08 + 13.99 × 25.07
What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)...
What approximate value will replace the question mark (?) in the following?
19.99...
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
Relevant for Exams:
