A man sold a cycle at a loss of 15%. Had he sold it for Rs.241.87 more he would have gained 24%. For what value should he sell it in order to earn a profit of 30%? a) Rs. 782 b) Rs. 792 c) Rs. 796 d) Rs. 800 e) Rs. 806

A man sold a cycle at a loss of 15%. Had he sold it for Rs.241.87 more he would have gained 24%. For what value should he sell it in order to earn a profit of 30%?
a) Rs. 782
b) Rs. 792
c) Rs. 796
d) Rs. 800
e) Rs. 806
by

1 Answer

Answer :

Let the cost price be Rs. X
:. Selling price = 85X/100
If profit is 24% then selling price = 124X/100
Now, (124X/100) – (85X/100) = 241.8
Or. X= (24180/39) = Rs.620
For 30% gain SP = (130/100)×620 = Rs. 806
Answer is: e)
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Related questions

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Description : The profit made by David in selling his calculator for Rs.400 would be the same as the loss he would have made in selling it at a 25% loss. If he sold his calculator after offering a discount of Rs.100, find the percentage at which he marked it above the cost price. a)56.25% b)62.5% c)60% d)50%

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Last Answer : (d) 5%

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Description : Manish purchased 25 kg of rice @ Rs32 per kg and 15 kg of rice @ Rs 36 per kg. He mixed the two varieties of rice and sold it @ Rs 40.20 per kg. What is the percent profit earned? 1. 25 2. 40 3. 30 4. 20

Last Answer : 4. 20

Femina is the famous magazine in India. In that company there is a profit of Rs 150. If 2/3 part of n magazine is sold at 60% profit, 1/4 part at 32% profit and remaining part at 24% profit and the find the cost price of the magazine?

Description : Femina is the famous magazine in India. In that company there is a profit of Rs 150. If 2/3 part of n magazine is sold at 60% profit, 1/4 part at 32% profit and remaining part at 24% profit and the find the cost price of the magazine?

Last Answer :  S1= 2/3 P1=60% S2=1/4, P2= 32% S3=1-[2/3 +1/4] =1/12, P3=24% total profit = Rs 150 CP of an entire magazine = (total profit *100)/( S1*P1+S2*P2+S3*P3) CP of an entire magazine = (150*100)/(2/3*60+1/4*32+1/12*24) =15000/(40+8+2) =15000/50 =RS.300

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Description : If 7/8 part of a books is sold at 60% profit, 1/12 part at 32% profit and remaining part at 24% profit and finally, there is a profit of Rs.150, then find the cost price of the books approximately

Last Answer : a = 7/8 , x = 60 % , b =1/12 , y = 32 % , z = 24 % and R = Rs150 Required CP of books = (150*100)/(7/8*60+1/12*32+1/24*24) =15000/(52.5+2.66+1)  = 15000/56.16 = Rs267

Ashwin borrowed a sum of Rs.6, 300 from Mishra at the rate of 14% for 3 years. He then added some more money to the borrowed sum and lent it to Ramesh at the rate of 16% of simple interest for the same time. If Ashwin gained Rs.618/- in the whole transaction, then what sum did he lend to Ramesh? a) Rs.6600 b) Rs.6800 c) Rs.4800 d) Rs.9800 e) Rs.8500

Description : Ashwin borrowed a sum of Rs.6, 300 from Mishra at the rate of 14% for 3 years. He then added some more money to the borrowed sum and lent it to Ramesh at the rate of 16% of simple interest for the same time. If ... sum did he lend to Ramesh? a) Rs.6600 b) Rs.6800 c) Rs.4800 d) Rs.9800 e) Rs.8500

Last Answer : Suppose Ashwin lend Rs. x to Ramesh then, Xx16x3/100 - (X – 6300) × 14 × 3/100 = 618......(1) From equation I , x = Rs. 6800 Answer: b)

Jagdeep bought a refrigerator with 20% discount on the labeled price. Had he bought at it with 30% discount, he would have saved Rs. 500 more. At what price did he buy the refrigerator? A. Rs 5000 B. Rs 10,000 C. Rs 12,500 D. Rs 15,000

Description : Jagdeep bought a refrigerator with 20% discount on the labeled price. Had he bought at it with 30% discount, he would have saved Rs. 500 more. At what price did he buy the refrigerator? A. Rs 5000 B. Rs 10,000 C. Rs 12,500 D. Rs 15,000 

Last Answer : Answer – A. Rs 5,000 Explanation – Let the labelled price be Rs.x Then, (80% of x)- (70% of x) = 500 10% of x =500 10%………..500 100%…………? ?= (500 x 100/10) = 5000=x

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Last Answer : consider the price as 100 A = 100 × 0.9 × 0.8 × 0.7 =50.4 B = 100 × 0.8 × 0.8 × 0.8=51.2 C = 100 × 0.85 × 0.85 × 0.85 ×0.85 ~ =52.2 D = 100 × 0.8 × 0.6 =48 We see that the maximum discount of 52% (100-48) is on D, which is the best for a customer. Answer : d

Which of the following series of discounts is the best for a customer? (A) Successive discounts of 10% ,20%,30% (B) Successive discounts of 20%,20%,20% (C) Successive discounts of 15%,15%,15%,15% (D) Successive discounts of 20%,40% a) A b) B c) C d) D e) A and B

Description : Which of the following series of discounts is the best for a customer? (A) Successive discounts of 10% ,20%,30% (B) Successive discounts of 20%,20%,20% (C) Successive discounts of 15%,15%,15%,15% (D) Successive discounts of 20%,40% a) A b) B c) C d) D e) A and B

Last Answer : consider the price as 100 A = 100 × 0.9 × 0.8 × 0.7 =50.4 B = 100 × 0.8 × 0.8 × 0.8=51.2 C = 100 × 0.85 × 0.85 × 0.85 ×0.85 ~ =52.2 D = 100 × 0.8 × 0.6 =48 We see that the maximum discount of 52% (100-48) is on D, which is the best for a customer. Answer : d

Nithish bought two purses which together cost him Rs.440. He sold one of the purse at a loss of 20% and the other one at a gain of 40%. The selling price of both purse are same. Then find out the cost price of both purse. a) Rs.150 and Rs.290 b) Rs.140 and Rs.300 c) Rs.170 and Rs.270 d) Rs.160 and Rs.280 e) None of the Above

Description : Nithish bought two purses which together cost him Rs.440. He sold one of the purse at a loss of 20% and the other one at a gain of 40%. The selling price of both purse are same. Then find out the cost price of both ... Rs.140 and Rs.300 c) Rs.170 and Rs.270 d) Rs.160 and Rs.280 e) None of the Above

Last Answer : 80/100 * x = 140/100 * y x = 7/4y x + y = 440 7/4 y + y = 440 y = 160 ; x = 280 Answer: d)

97,122,?,307,503,792 a) 171 b) 158 c) 186 d) 203 e) 178

Description : 97,122,?,307,503,792 a) 171 b) 158 c) 186 d) 203 e) 178

Last Answer : Answer: c)

What is the cost price if ajith sold a phone at a loss of 16. had he sold it for rs 39 more he would have gained 23.?

Description : What is the cost price if ajith sold a phone at a loss of 16. had he sold it for rs 39 more he would have gained 23.?

Last Answer : Need answer

Ishath bought 15 pieces of [email protected],500/- each and sold all of them at the total price of Rs.81, 000/-. What is the percent profit earned in the deal? a) 18.66 b) 20 c) 25 d) 36 e) None of these

Description : Ishath bought 15 pieces of [email protected],500/- each and sold all of them at the total price of Rs.81, 000/-. What is the percent profit earned in the deal? a) 18.66 b) 20 c) 25 d) 36 e) None of these

Last Answer : Total cost of 15 pieces of Mobiles= 15×4500 = Rs. 67500 Total Sales prices of 15 pieces of Mobiles= Rs. 81000 Profit% = 81000 – 67500 / 67500 × 100 = 13500/67500 × 100 = 20% Answer: b)

Deepak selling a product at 48% discount, he incurs a loss of 10%. The marked price of the product is 15000 Rs. At what percent discount he should sell the product so as to have a profit of 30%.

Description : Deepak selling a product at 48% discount, he incurs a loss of 10%. The marked price of the product is 15000 Rs. At what percent discount he should sell the product so as to have a profit of 30%.

Last Answer : Mp=15000==>Sp= 15000*0.52= 7800. Loss of 10% is there==>Cp= 7800/ 0.90= RS.8666.66 Profit of 30% = 6000*1.15=11266.66 Discount should be Rs2600 Discount % should be {2600/15000}*100 =17.3%

Arun sold two napkins at same price.He earned 10% profit on one napkin and suffered 10% loss on the other, what was his overall profit/loss percentage? a)No profit no loss b)1% profit c)1% loss d)None of these

Description : Arun sold two napkins at same price.He earned 10% profit on one napkin and suffered 10% loss on the other, what was his overall profit/loss percentage? a)No profit no loss b)1% profit c)1% loss d)None of these

Last Answer : c)1% loss

A trader buys two articles at the same price. He sold one article at 20% profit and sold the other at 10% loss . Find his overall profit/loss percentage a)10% loss b)10% profit c)5% loss d)5% profit.

Description : A trader buys two articles at the same price. He sold one article at 20% profit and sold the other at 10% loss . Find his overall profit/loss percentage a)10% loss b)10% profit c)5% loss d)5% profit.

Last Answer : d)5% profit.

Ravi marked his Walkman at 60% above his cost price. If he had decreased his discount from 20% to 10%. he would have earned Rs.80 more. Find his cost price. a)640 b)600 c)500 d)800

Description : Ravi marked his Walkman at 60% above his cost price. If he had decreased his discount from 20% to 10%. he would have earned Rs.80 more. Find his cost price. a)640 b)600 c)500 d)800

Last Answer : c)500

Anwar marked his radio at 40% above his cost price. He, then sold it after offering a discount of 40%. If he made a loss of Rs.640, find his selling price (in Rs.) a)4320 b)4640 c)3360 d)3720

Description : Anwar marked his radio at 40% above his cost price. He, then sold it after offering a discount of 40%. If he made a loss of Rs.640, find his selling price (in Rs.) a)4320 b)4640 c)3360 d)3720

Last Answer : c)3360

If a company has net sales of $500,000 and cost of goods sold of $350,000, the gross profit percentage is a. 70%. b. 30%. c. 15%. d. 100%.

Description : If a company has net sales of $500,000 and cost of goods sold of $350,000, the gross profit percentage is a. 70%. b. 30%. c. 15%. d. 100%.

Last Answer : b. 30%