Given:
Cost price (CP) of the electronic item = Rs. 175
Overhead expenses = Rs. 15
Selling price (SP) = Rs. 380
Formula Used:
Profit = SP - (CP + Overhead Expenses)
Profit Percentage =
Solution:
Total Cost Price = 175 + 15 = 190
Profit = 380 - 190 = 190
Now, calculate the profit percentage (x):
Thus, the value of x is 100%.
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90 Mins English English100 Questions100 Marks90 Mins English English100 Questions100 Marks90 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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Atul bought a bicycle at three-fourth price of its marked price and sold it at 20% more than its marked price. What will be the profit percentage?
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 :
Vinay bought 100 pens (all at same cost price). He sold 40 pens at a profit of 20 percent, 20 pens at a profit of 40 percent and the remaining at the cost price. If he had sold all at a profit of 20 percent, then he would have got Rs. 160 more. What is the cost price of each pen?
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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