Given:
Number of chairs sold = 153
Gain = Selling Price (S.P.) of 68 chairs
Formula Used:
Profit % =
Solution:
Let the S.P. of 1 chair = Rs. 1
Then:
Total S.P. = 153 × 1 = Rs.153
Gain = Rs. 68
C.P. = S.P. – Gain = Rs. 153 – 68 = Rs. 85
Profit % =
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60 Mins English English20 Questions40 Marks12 Mins English English80 Questions160 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%?
A person bought a plot for ₹1,20,000. He sold part of this plot at a loss of 10%. At what profit percent should he sell the remaining plot to earn a profit of 27% on the whole transaction?
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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