Mr. A sold goods to Mr. B at a 10% discount o | vedclass

Name: Exam Paper Generator | JEE NEET Paper Generator | Vedclass
Brand: Vedclass
Rating: 5 (35 reviews)

Question

(D) Step $1$: Find the printed rate (marked price).Given that the discounted value is $Rs. 1242$ at a $10\%$ discount.Let the printed rate be $P$.$P \

Vedclass · Accepted Answer

$1200$

Vedclass · Answer

(D) Step $1$: Find the printed rate (marked price).Given that the discounted value is $Rs. 1242$ at a $10\%$ discount.Let the printed rate be $P$.$P 	imes (1 - 0.10) = 1242$$P 	imes 0.90 = 1242$$P = 1242 / 0.90 = 1380$.Step $2$: Find the purchase rate (cost price).It is given that selling the goods at the printed rate $(Rs. 1380)$ yields a $15\%$ profit on the purchase rate $(CP)$.$SP = CP 	imes (1 + 	ext{Profit}\%)$$1380 = CP 	imes (1 + 0.15)$$1380 = CP 	imes 1.15$$CP = 1380 / 1.15 = 1200$.Therefore,the purchase rate is $Rs. 1200$.

$Mr.$ $A$ sold goods to $Mr.$ $B$ at a $10\%$ discount on the printed rate. The discounted value is $Rs. 1242$. If a $15\%$ profit is earned on the purchase rate by selling the goods at the printed rate,what is the purchase rate? (in $Rs.$)

Similar Questions

Vijay sold a watch at a gain of $5 \%$. Had he sold it for $Rs. 72$ more,he would have gained $13 \%$. Find out the cost price of the watch (in $Rs.$).

$A$ man buys an article for $10 \%$ less than its value and sells it for $10 \%$ more than its value. His gain or loss percent is

$A$ person sells two articles,each for $Rs. 1040$. He incurs $20 \%$ loss on the first and $10 \%$ loss on the second. Find out the overall percent loss.

There would be a $10 \%$ loss,if rice is sold at $Rs. 54$ per $kg$. To earn a profit of $20 \%$,the price of rice per $kg$ will be (in $Rs.$)

$A$ trader allows a trade discount of $20 \%$ and a cash discount of $6 \frac{1}{4} \%$ on the marked price of the goods and gets a net gain of $20 \%$ of the cost. By how much above the cost should the goods be marked for the sale? (in $\%$)

Vedclass Test Series

Exam Paper Generator

Online Exam Module