हिंदी

A retailer sold a suit for ₹ 8,832 after allowing 8% discount on marked price and further 4% cash discount. If he made 38% profit, find the cost price and the marked price of the suit. - Mathematics and Statistics

Advertisements
Advertisements

प्रश्न

A retailer sold a suit for ₹ 8,832 after allowing 8% discount on marked price and further 4% cash discount. If he made 38% profit, find the cost price and the marked price of the suit.

योग

उत्तर

Let the marked price of the suit be ‘x’.

Seller allows discount of 8% on marked price.

∴ Discount = `x xx 8/100 = 0.08"x"`

∴ Net price = x – 0.08x = 0.92x

Further cash discount of 4% is given.

∴ Cash discount `= 0.92 x xx 4/100 = 0.0368 x` 

∴ Net selling price = 0.92x – 0.0368x = 0.8832x

However, net selling price is given as ₹ 8,832.

∴ 0.8832x = 8832

∴ x = `8832/0.8832`

∴ x = ₹ 10000

∴ Marked price (list price) ₹ 10,000.

Retailer has made 38% profit on cost price.

Let the cost price be y.

Profit `= y xx 38/100 = (38y)/100`

Cost price + Profit = Selling price

∴ `y + (38y)/100 = 8,832`

∴ `(100y + 38y)/100 = 8,832`

∴ `(138y)/100 = 8,832`

∴ y = `(8,832 xx 100)/138` = ₹ 6400

∴ The cost price of the suit is ₹ 6,400 and list price (marked price) is ₹ 10,000.

shaalaa.com
Commission and Brokerage Agent
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Commission, Brokerage and Discount - Exercise 1.1 [पृष्ठ ६]

संबंधित प्रश्न

A salesman receives 3% commission on the sales up to ₹ 50,000 and 4% commission on the sales over ₹ 50,000. Find his total income on the sale of ₹ 2,00,000.


Ms. Saraswati was paid ₹ 88,000 as a commission on the sale of computers at the rate of 12.5%. If the price of each computer was ₹ 32,000, how many computers did she sell?


Priya gets a salary of ₹ 15,000 per month and commission at 8% on the sales over ₹ 50,000. If she gets ₹ 17,400 in a certain month, find the sales made by her in that month.


Mr. Pavan is paid a fixed weekly salary plus commission based on a percentage of sales made by him. If on the sale of ₹ 68,000 and ₹ 73,000 in two successive weeks, he received in all ₹ 9,880 and ₹ 10,180, find his weekly salary and the rate of commission paid to him.


Three cars were sold through an agent for
₹ 2,40,000, ₹ 2,22,000 and ₹ 2,25,000 respectively. The rates of commission were 17.5% on the first, 12.5% on the second. If the agent overall received 14% commission on the total sales, find the rate of commission paid on the third car.


A book seller ₹ 1,530 as 15% commission on list price. Find list price of the books.


An agent charges 10% commission plus 2% delcreder. If he sells goods worth ₹ 37,200, find his total earnings.


A certain sum due 3 months hence is `21/20` of the present worth, what is the rate of interest?


An agent who gives a guarantee to his principal that the party will pay the sale price of goods is called ______.


Choose the correct alternative.

An agent who is given the possession of goods to be sold is known as


The payment date after adding 3 days of grace period is known as ______.


State whether the following statement is True or False.

The buyer is legally allowed 6 days grace period.


A salesman gets a commission of 6.5% on the total sales made by him and bonus of 1% on sales ₹ 50,000. Find his total income on a turnover of ₹ 75,000.


A shop is sold at 30% profit, the amount of brokerage at the rate of `3/4`% amounts to
₹ 73,125. Find cost of the shop


After deducting commission at `7 1/2`% on first
₹ 50,000 and 5% on balance of sales made by him, an agent remits ₹ 93,750 to his principal. Find the value of goods sold by him.


The present worth of ₹ 11,660 due 9 months hence is ₹ 11,000. Find the rate of interest.


An agent sold a car and charged 3% commission on sale value. If the owner of the car received
₹ 48,500, find the sale value of the car. If the agent charged 2% from the buyer, find his total remuneration.


An agent is paid a commission of 4% on cash sales and 6% on credit sales made by him. If on the sale of ₹ 51,000 the agent claims a total commission of ₹ 2,700, find the sales made by him for cash and on credit.


Choose the correct alternative:

A salesman receives 3% commission on the sales up to ₹ 50,000 and 4% commission on the sales over ₹ 50,000. His total income on the sale of ₹ 2,00,000 is ______.


When transactions like sale, purchase, auction etc. are done through some middlemen, such middlemen are called ______


State whether the following statement is True or False: 

A factor is an agent who is given the possession of goods and enters a contract for sale in his/her own name


Ananya gets salary of ₹ 15,000 per month and commission at 8% on the sales over ₹ 50,000. If she gets ₹ 17,400 in a certain month, Find the sales made by her in that month


An agent sold a car and charged 3% commission on sale value. If the owner of the car received ₹ 48,500, find the sale value of the car. If the agent charged 2% from the buyer, find his total remuneration


Three cars were sold through an agent for ₹ 2,40,000, ₹ 2,22,000 and ₹ 2,25,000 respectively. The rates of commission were 17.5% on the first, 12.5% on the second. If the agent overall received 14% commission on the total sales, find the rate of commission paid on the third car.

Solution: Total selling Price of three cars = 2,40,000 + 2,22,000 + 2,25,000

= `square`

Commision on total sale = 14%

= `14/100 xx square`

Selling price of First car = ₹ 2,40,000

Rate of commission = 17.5% 

= `17.5/100 xx 2,40,000 = square`

∴ Commission on first car = ₹ `square`

Selling price of Second car = ₹ 2,22,000

Rate of commission = 12.5%

= `12.5/100 xx 2,22,000 = square`

∴ Commission on second car = ₹ `square`

Selling price of third car = ₹ 2,25,000

Let the rate of commission be x

Commission on third car = `x/100 xx 2,25,000`

∴ Commission on third car = Total commission − (commission on first car + commission on second car)

∴ `x/100 xx 2,25,000 = square - {square + square}`

∴ x = `square`


An agent places insurance for ₹ 4,00,000 on life of a person. The premium is to be paid annually at the rate of ₹ 35 per thousand per annum. Find the agent’s commission at 15% on the premium.


An agent was paid ₹ 88,000 as a commission on the sales of computers at the rate of 12.5%. If the price of each computer was ₹ 32,000, how many computers did he sell?


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×