Nivetha buys a tape recorder for Rs.450. His overhead expenses are Rs.30 she sells the tape recorder for Rs.600. The profit percent of nivetha is

Nivetha buys a tape recorder for Rs.450. His overhead expenses are Rs.30 she sells the tape recorder for Rs.600. The profit percent of nivetha is
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1 Answer

Answer :

Cost price + profit = selling price

Cost price = 450 + 30= 480

Profit=sp-cp

=600-480

=120

Profit%= 120/480*100

X = 12000/480

X = 25 %.


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When a manufacturer allows 38% commission on the retail price of his product he earns a profit of 9%. What would be his profit percent if he commission is reduced by 22%?

Description : When a manufacturer allows 38% commission on the retail price of his product he earns a profit of 9%. What would be his profit percent if he commission is reduced by 22%?

Last Answer : Let retail price =Rs.100, then commission=Rs.38  Selling price=Rs(100-38)  =Rs.62, but profit=9%  Cost price=Rs[100/109*62] =56.88 New commission=Rs.16, New selling price=Rs(100-16) =Rs.84  Gain=Rs[84 - 54.88]=27.12  Gain%=[27.12*100/56.88]  =47.6%

A man sells two flats for Rs. 8000 each. neither loosing nor gaining in the deal. If he sold one at a gain of 25%, the other commodity sold at a loss of: A. 50/3 % B. 18 /3% C. 25% D. 32%

Description : A man sells two flats for Rs. 8000 each. neither loosing nor gaining in the deal. If he sold one at a gain of 25%, the other commodity sold at a loss of: A. 50/3 % B. 18 /3% C. 25% D. 32%

Last Answer : Answer – A (50/3 %) Explanation – Total S.P = 16000 Rs. and Total C.P = 16000 Rs. S.P. of Ist = Rs. 8000. Gain on it = 25% C.P of Ist = Rs. (100/125 x 8000) = Rs.6400 C.P of 2nd = Rs, (16000 – 6400) = Rs. 9600. S.P of 2nd = 8000. ∴loss on 2nd commodity = (1600/9600 x 100)% = 50/3%

A shopkeeper sells speaker at the rate of Rs 914each and earns the commission of 4%. He also sells phones at the rate of Rs 160each and earns a commission of 20%. How much amount of commission will he earn in two weeks if he sells 20 speaker and 12phones per day?

Description : A shopkeeper sells speaker at the rate of Rs 914each and earns the commission of 4%. He also sells phones at the rate of Rs 160each and earns a commission of 20%. How much amount of commission will he earn in two weeks if he sells 20 speaker and 12phones per day?

Last Answer : Sp of modem=Rs 914 Commission of one speaker =4*914/100 Commission of 20 speakers = 4*914*20/100=Rs 731.2 Commission of one phone = 20*160/100 Commission of 12 phones = 20*160*12/100=384 Total ... 384) = 1115.2 The amount of commission will he earn in 2 weeks = 1115.2*14= Rs 15,612.8

Bharani sells a novel at a gain of 40%. if he had bought it at 20% less and sold it for Rs. 70 more which equals to 350% of CP. The CP of the novel is

Description : Bharani sells a novel at a gain of 40%. if he had bought it at 20% less and sold it for Rs. 70 more which equals to 350% of CP. The CP of the novel is

Last Answer : Let CP= x SP= 140x/100 = 14x/10 CP= 80% 0f x= 8x/10 then, SP =14x/10+70 14x/10 + 70= 350%of 8x/10 14x/10+70=350/100*8x/10=28x/10 70=28x/10-14x/10 70=14x/10 X=700/14 X=50

After selling a fan at 6% gain and a fridge at 9% gain, a shopkeeper gains Rs 5100. But if he sells the fan at 9% gain and the fridge at 6% loss, he gains Rs 1800 on the whole transaction. Find the original price of the fan.

Description : After selling a fan at 6% gain and a fridge at 9% gain, a shopkeeper gains Rs 5100. But if he sells the fan at 9% gain and the fridge at 6% loss, he gains Rs 1800 on the whole transaction. Find the original price of the fan.

Last Answer : let the price of fan be X and fridge be Y 6x/100+9y/100 = 5100 6x+9y=510000------(1) then 9x/100-6y/100=1800 9x-6y=180000-------(2) Calculate both, the we will get x=Rs40000

Francis sold his pen at a profit of Rs.5. He calculated his profit percentage on his selling price and found it to be 50%. Find his profit percentage? a)100% b)150% c)200% d)250%

Description : Francis sold his pen at a profit of Rs.5. He calculated his profit percentage on his selling price and found it to be 50%. Find his profit percentage? a)100% b)150% c)200% d)250%

Last Answer : a)100%

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%

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%

Last Answer : a)56.25%