The ratio of the cost price of product A to that of B is 5:7. product A was sold at a profit of 80% and product B was sold at a profit of 20%. If the total profit earned after selling both the (products A and B is Rs 296) what is the difference between the cost prices of product A and B?

The ratio of the cost price of product A to that of B is 5:7. product A was sold at a profit of 80% and product B was sold at a profit of 20%. If the total profit earned after selling both the (products A and B is Rs 296) what is the difference between the cost prices of product A and B?
by

1 Answer

Answer :

CP of product A= 5X

CP of product B=7x

Total price = (5x*0.8)+(7x*0.2) =296

4X+1.4X=296

5.4X=296

x=54.81=55(approx.)

difference of the CP= 7x-5x=2x=2*55

 = Rs. 110
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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 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.

Profit after selling a product for Rs. 850 is the same as the loss after selling it for Rs.710. What is the cost of the product?

Description : Profit after selling a product for Rs. 850 is the same as the loss after selling it for Rs.710. What is the cost of the product?

Last Answer : Assume cost Price = x P = 850 –x P 850 – x = 710 +x 850 – 710 = 2x 140 = 2x X = 70 P = 850– 70 = 780

Rohit sold his bicycle at 4 % profit. If he sold it for Rs.204 less, he would have made a 30% loss. What was his cost price(in Rs.)? a)630 b)640 c)600 d)560

Description : Rohit sold his bicycle at 4 % profit. If he sold it for Rs.204 less, he would have made a 30% loss. What was his cost price(in Rs.)? a)630 b)640 c)600 d)560

Last Answer : c)600 

A shirt was sold at a profit of Rs.50. If a trouser was sold at half the profit percentage and the cost price of the trouser is thrice that of shirt, find the profit made on the trouser (in.Rs.) a)25 b)50 c)75 d)100

Description : A shirt was sold at a profit of Rs.50. If a trouser was sold at half the profit percentage and the cost price of the trouser is thrice that of shirt, find the profit made on the trouser (in.Rs.) a)25 b)50 c)75 d)100 

Last Answer : c)75

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