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%?

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%?
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1 Answer

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%
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Last Answer : Let CP= x Sp of each cloth =80/100*x =720 x= 720*100/80 =900 CP= 900* 100/140 =Rs 643.

A shopkeeper announced 35% discount on an item. A customer bought the item from the shop for Rs. 21000 after getting discount. That person sells the item to another person in such a way that he earned a profit of 32% on the original price. What is the selling price for the another person?

Description : A shopkeeper announced 35% discount on an item. A customer bought the item from the shop for Rs. 21000 after getting discount. That person sells the item to another person in such a way that he earned a profit of 32% on the original price. What is the selling price for the another person?

Last Answer : Let original price=x X*65/100=21000 X=21000*100/65=32307.6Rs. SP=32307.6*132/100=Rs.42646.15

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

A shopkeeper sold a toothpaste at a profit of 12.5%. His cost price was Rs.5 less than his selling price. find his cost price (in Rs.) a)30 b)36 c)40 d)50

Description : A shopkeeper sold a toothpaste at a profit of 12.5%. His cost price was Rs.5 less than his selling price. find his cost price (in Rs.) a)30 b)36 c)40 d)50

Last Answer : c)40

The profit percentage of banu and renu is same on selling the articles at Rs 900 each but banu calculates his profit in the selling price while renu calculates it correctly on the cost price which is equal to 10%. What is the difference in their profits?

Description : The profit percentage of banu and renu is same on selling the articles at Rs 900 each but banu calculates his profit in the selling price while renu calculates it correctly on the cost price which is equal to 10%. What is the difference in their profits? 

Last Answer : when profit calculate on SP the profit = 10% of 900 = 90 when profit calculate on CP(x) = x+X/10 = 900 11X=9000 X=818.18 profit= 81.82 required diffference= 90-81.82 = Rs 8.18

Kabi buys wheat at Rs. 15/kg and puts a price tag on it so as to earn a profit of 10%. However, his faulty balance shows 1000 gm when it is actually 900 gm. What is his actual gain percentage?

Description : Kabi buys wheat at Rs. 15/kg and puts a price tag on it so as to earn a profit of 10%. However, his faulty balance shows 1000 gm when it is actually 900 gm. What is his actual gain percentage?

Last Answer : CP of 1000gm = Rs. 15  SP of 900gm = Rs. 16.5  SP of 1000gm =16.5x1000/900 = Rs. 18  Now take 1000gm as reference to calculate profit. Profit=SP-CP=18-15=Rs. 3 Profit % = 3x100/15 = 20%