Given:
Selling price of book = Rs 125
Profit = 2/5 of the selling price.
Formula Used:
Profit = selling price – cost price
Solution:
Let the profit be 7 units.
Profit = = 50
The cost price is the selling price minus the profit:
Cost Price = 125 - 50 = Rs.75
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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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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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