Market price = Rs. 300
Discount = 50% of Rs. 300 = (50/100) x 300 = Rs. 150
Selling price = Market price - Discount = 300 - 150 = Rs. 150
Let the cost price be 'C'.
Profit = 50% of C = (50/100) x C = 0.5C
Selling price = Cost price + Profit
150 = C + 0.5C
150 = 1.5C
C = 150 / 1.5 = 100
Therefore, the cost price is Rs. 100.
English
200 Questions
200 Marks
120 Mins English English20 Questions20 Marks15 Mins English English200 Questions200 Marks120 Mins EnglishBy selling an article for ₹21, a dealer makes a profit of 20%. By how much should he increase his selling price (in ₹) so as to make a profit of 50%?
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The cost price of article A is ₹ 500 more than the cost price of article B. Article A is sold at a loss of 10% and B is sold at a profit of 20%. If there is a profit of ₹200 in the entire transaction, then the cost price of article A is :
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A ration shop dealer sells his sugar using weights has 10% less than the true weight and makes a profit of 15%. Find his total gain percentage.
An article was sold at ₹600, making a profit of 20%. The cost price of the article was
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