The market price of an article is Rs. 100. If | vedclass

Name: Exam Paper Generator | JEE NEET Paper Generator | Vedclass
Brand: Vedclass
Rating: 5 (35 reviews)

Question

(C) Given,Market Price $(MP) = Rs. 100$.Discount $= 10 \% 	ext{ of } 100 = Rs. 10$.Selling Price $(SP_1) = 100 - 10 = Rs. 90$.Profit $= 35 \%$,so $SP

Vedclass · Accepted Answer

$5 \% 	ext{ gain}$

Vedclass · Answer

(C) Given,Market Price $(MP) = Rs. 100$.Discount $= 10 \% 	ext{ of } 100 = Rs. 10$.Selling Price $(SP_1) = 100 - 10 = Rs. 90$.Profit $= 35 \%$,so $SP_1 = CP 	imes (1 + 0.35) = 1.35 	imes CP$.$1.35 	imes CP = 90 \Rightarrow CP = \frac{90}{1.35} = \frac{9000}{135} = Rs. \frac{200}{3}$.If the article is sold for $Rs. 30$ less than the market price,the new Selling Price $(SP_2) = 100 - 30 = Rs. 70$.Profit $= SP_2 - CP = 70 - \frac{200}{3} = \frac{210 - 200}{3} = Rs. \frac{10}{3}$.Profit $\% = \left( \frac{	ext{Profit}}{CP} ight) 	imes 100 = \left( \frac{10/3}{200/3} ight) 	imes 100 = \frac{10}{200} 	imes 100 = 5 \% 	ext{ gain}$.

The market price of an article is $Rs. 100$. If the article is sold at a discount of $10 \%$,then $35 \%$ profit is realized. How much loss or profit will be made if it is sold for $Rs. 30$ less than the market price?

Similar Questions

$A$ man sold his two cars for $Rs. 4.5$ lakh each. In the sale of the first car, he incurred $20\%$ profit, and in the sale of the second, he incurred $20\%$ loss. What is the total amount of profit or loss?

By selling an article at $\frac{2}{5}$ of the marked price,there is a loss of $25 \%$. The ratio of the marked price and the cost price of the article is

$A$ man bought oranges at the rate of $8$ for $Rs. 34$ and sold them at the rate of $12$ for $Rs. 57$. How many oranges should be sold to earn a net profit of $Rs. 45$?

If $11$ mangoes are bought for $Rs. 10$ and sold at $10$ for $Rs. 11$,what is the gain or loss percentage (in $\%$)?

Mahesh purchased $25\, kg$ of rice at $Rs. 32$ per $kg$ and $15\, kg$ of rice at $Rs. 36$ per $kg.$ He mixed the two varieties of rice and sold it at $Rs. 40.20$ per $kg.$ What is the percent profit earned (in $\%$)?

Vedclass Test Series

Exam Paper Generator

Online Exam Module