Given:
Profit = 50%
Tax levied = 4%
Formula used:
Profit = SP – CP
Calculation:
Let CP of the object be Rs. 100
=> SP of the object = 100 × = Rs. 150
Price of the object after levied tax = Rs. 150 ×= Rs. 144
=> Profit = Rs. 144 – Rs. 100 = 44
∴ Profit percent = × 100 = 44%
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60 Mins English English25 Questions50 Marks15 Mins English English100 Questions200 Marks60 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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An article was sold at ₹600, making a profit of 20%. The cost price of the article was
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