Advertisements
Advertisements
Question
By selling tie for Rs.648, a shopkeeper gains 8%. At what price should he sell the tie to gain 10%?
Solution
S.P. of a tie = Rs.648
Gain = 8%
`"S.P."/"C.P." = 1 + "Profit"/(100)`
⇒ `(648)/"C.P." = 1 + (8)/(100)`
⇒ `(648)/"C.P." = (100 + 8)/(100)`
⇒ C.P. = `(100)/(108) xx 648`
= Rs.600
Now, C.P. of the tie = Rs.600
Gain = 10%
∴ Gain= `(10)/(100) xx "C.P."`
∴ Gain = `(10)/(100) xx 600`
= Rs.60
∴ S.P.
= Rs.(600 + 60)
= Rs.660
He must sell the tie at Rs.660 to make a gain of 10%.
APPEARS IN
RELATED QUESTIONS
Find the selling price, if:
C.P. = Rs. 950 and profit = 8%
Find the selling price, if:
C.P. = Rs. 1,300 and loss = 13%
Find the selling price, if :
C.P. = Rs. 352; overheads = Rs. 28 and profit = 20
Rajesh sold his scooter to Rahim at 8% loss and Rahim, in turn, sold the same scooter to Prem at 5% gain. If Prem paid Rs. 14,490 for the scooter; find :
(i) the S.P. and the C.P. of the scooter for Rahim
(ii) the S.P. and the C.P. of the scooter for Rajesh
A shop-keeper bought rice worth Rs.4,500. He sold one-third of it at 10% profit.
If he desires a profit of 12% on the whole; find :
(i) the selling price of the rest of the rice ;
(ii) the percentage profit on the rest of the rice.
Find the selling price of a camera bought for Rs.4600 and sold at a profit of 15%.
Find the selling price of a watch bought for Rs.4050 and sold at a loss of 14%.
A carpenter purchases furniture set for Rs.21000. He then spends Rs.500 in transporting the goods to his workshop and another Rs.4500 on repairs. At what price must he sell to make a profit of 20% overall?
Anant bought toffees at 5 for a rupee. How many for a rupee must he sell to gain 25%?
A fruit vendor bought 60 kg of apples at Rs. 90 per kg. He sold 40 kg of the apples at a loss of 10%. At what per kg should he sell the remaining apples so as to gain 25% on the whole.
