A man purchased a watch for Rs. 40 and sold it at a gain of 20% on selling price. What is the selling price of watch ?
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Solution
Let, selling price of watch is Rs. x.
Then, according to question,
⇒ = Rs. 50
If marked price of an article is Rs. 300. After allowing a discount of 50% a man still gains 50%. Then, what is the cost price ?
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Solution
Let, cost price is Rs. x.
∴ Selling price =
According to question,
⇒
⇒ x = Rs. 100
A person sells two articles on same price and he gains on one 25% and losses on other 25%, what is his gain or loss percent ?
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Solution
loss % =
A man losses Rs. 20 by selling some toys at the rate of Rs. 3 per piece, and he gains Rs. 30, if he sells them at Rs. 3.25 per piece. How many number of toys sold by him ?
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Solution
Let number of toys are → x
So, 3.25 x – 3x = 30 – (– 20)
⇒ 0.25 x = 50
⇒ x = 200 toys
Water was mixed with a quantity of milk in the ratio 3 : 1. What will be profit percentage ?
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Solution
The required profit percentage =
Due to reduction of 25% in price of oranges, a person buys 4 more oranges for 16 Rs. Then original price of one orange was?
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Solution
Reduction = 25%
So, in 25% of Rs. 16 = 4 Rs.
A man can buy 4 more oranges.
So reduced price = Rs./orange
and original price =
If the cost price of 12 pens is equal to selling price of 8 pens, what will be gain percent ?
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Solution
Number of pens Total price Price/pen
Buy 12 x x/12
Sell 8 x x/8
Profit percent =
A vender mixes 30 kg of rice at Rs. 36 per kg with 26 kg of other variety at Rs. 20 per kg and sells the mixture at Rs. 30 per kg. What is his profit percent ?
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Solution
Cost price of each kg. mixture =
S.P. = 30 Rs./kg
Profit = 30 – 28.57 = 1.43
Profit % =
By selling 45 chocolates for Rs. 40, a man loses 20%. How many should he sell for Rs. 24 to gain 20% in the transaction?
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Solution
Cost price of 1 chocolate = = Rs.
Profit to be availed = 20%
∴ Required selling price of 1 chocolate =
∴ Required number of chocolates =
A shopkeeper fixes the marked price of an item 35% above its cost price. What will be the percentage of discount allowed to gain a profit of 8% ?
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Solution
Let, cost price of article is Rs. 100.
∴ Marked price = = Rs. 135
Selling price = = Rs. 108
∴ Discount % =