Given:
Rodney sold 153 chairs, and his total gain equals the selling price of 63 chairs.
Formula Used:
Profit % =
Solution:
Let the selling price (SP) per chair = 1 unit
Therefore, the total selling price for 153 chairs = 153 units
The total profit is equal to the selling price of 63 chairs = 63 units
Cost Price = 153 - 63 = 90 units
Profit % =
Thus, Rodney's profit percentage is 70%
English
80 Questions
160 Marks
60 Mins English English20 Questions40 Marks12 Mins English English80 Questions160 Marks60 Mins EnglishA 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.
A shopkeeper allows a discount of 20% on the marked price. What price must be marked on an article costing ₹3360, so as to make a gain of 25%?
An article was sold at ₹600, making a profit of 20%. The cost price of the article was
Suggested Test Series
Suggested Test Series
