A seller sold a cloth for Rs. 720 after giving 20% discount on the labelled price. Had he not given the discount, he would have earned a profit of 40% on the CP. what was the Cp of the cloth?

A seller sold a cloth for Rs. 720 after giving 20% discount on the labelled price. Had he not given the discount, he would have earned a profit of 40% on the CP. what was the Cp of the cloth?
by

1 Answer

Answer :

Let CP= x

Sp of each cloth =80/100*x =720

x= 720*100/80 =900

CP= 900* 100/140

=Rs 643.
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Description : Reshma purchased 120 chairs at price of Rs. 110 per chair. He sold 30 chairsat a profit of Rs. 12 per chair and 75 chairs at profit of Rs. 14 per chairs. The remaining chairs were sold at a loss of Rs. 7 per chairs ... the average profit per table? A. Rs 10.56 B. Rs 10.87 C. Rs 12.123 D. Rs 12.67 

Last Answer : Answer – B (Rs 10.875) Explanation – Total C.P = Rs. (120 x 110) =Rs. 13200. Total S.P = Rs.[(30 x 110 + 30 x 12) + (75 x 110 + 75 x 14) + (15 x 110 – 15 x 7) =Rs..14505 Average profit = Rs. (14505 – 13200) /120 = Rs. 1305/120= 10.875

Selva purchased 60 chairs at a price of Rs. 55 per chair. He sold 15 chairs at a profit of Rs. 6 per chair and 37 chair at a profit of Rs. 7 per chair. The remaining chairs were sold at a loss of RS.3 per chair. What is the average profit per chair?

Description : Selva purchased 60 chairs at a price of Rs. 55 per chair. He sold 15 chairs at a profit of Rs. 6 per chair and 37 chair at a profit of Rs. 7 per chair. The remaining chairs were sold at a loss of RS.3 per chair. What is the average profit per chair?

Last Answer : Total cost price = Rs(60*55) = Rs.3300 Total selling price = Rs [(15*55 + 15 * 6)+(37*55+37*7)+(8*55 - 8*30)] = Rs. [ 915 + 2294 + 416] = Rs.3625 Average profit = Rs[3625 – 3300/60] = Rs.(325/60) = Rs. 5.416 Therefore the average profit per chair is Rs 5.41.

A vendor bought 35kg of wheat at the rate of Rs 50per kg. He sold 45%of the total quantity at the rate of Rs55 per kg. Approximately, at what price per kg should he sell the remaining quantity to make 40%overall profit?

Description : A vendor bought 35kg of wheat at the rate of Rs 50per kg. He sold 45%of the total quantity at the rate of Rs55 per kg. Approximately, at what price per kg should he sell the remaining quantity to make 40%overall profit?

Last Answer : CP of wheat=35*50=Rs.1750 45 of 35kg=45/100*35=15.75kg SP of 15.75kg=15.75of55=Rs.866.25 For 40%profit, total Sp of all the wheat is 1750*140/100=Rs.2450 Remaining sugar(35-15.75)=19.25kg Rate of remaining sugar per kg=2450-866.25/19.25 = Rs.82.27

Kumaran stores offered 60% discount on the marked price and there is a loss of 30%. If it is sold the MP, find the profit percentage?

Description : Kumaran stores offered 60% discount on the marked price and there is a loss of 30%. If it is sold the MP, find the profit percentage?

Last Answer : MP= Rs X Sp= 40/100*x= 2x/5 CP= 2x/5*100/70=4x/7 Profit when sold at MP= x-4x/7 =3x/7 Profit% = (3x/7)/(4x/7)*100=75%