At a cost of 60 paise per article,Sarika prod | vedclass

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

Question

(A) Total cost price $(CP)$ of $750$ articles $= 750 	imes 0.60 = Rs. 450$.To make a $40 \%$ profit on the total outlay $(Rs. 450)$ by selling only $

Vedclass · Accepted Answer

$47 \% 	ext{ profit}$

Vedclass · Answer

(A) Total cost price $(CP)$ of $750$ articles $= 750 	imes 0.60 = Rs. 450$.To make a $40 \%$ profit on the total outlay $(Rs. 450)$ by selling only $600$ articles,the required total selling price $(SP)$ is:$SP = 450 + (0.40 	imes 450) = 450 	imes 1.4 = Rs. 630$.Therefore,the selling price per article is:$SP 	ext{ per article} = \frac{630}{600} = Rs. 1.05$.Sarika sells $630$ articles at this price. Her actual total revenue is:$Total 	ext{ } SP = 630 	imes 1.05 = Rs. 661.5$.Actual profit $= Total 	ext{ } SP - Total 	ext{ } CP = 661.5 - 450 = Rs. 211.5$.Actual profit percentage $= \left( \frac{211.5}{450} ight) 	imes 100 = 47 \%$.Thus,Sarika earns a $47 \%$ profit on her total investment.

Similar Questions

The cost price of an article is $64 \%$ of the marked price. The gain percentage after allowing a discount of $12 \%$ on the marked price is........$\%$

If the selling price is doubled,the profit triples. Find the profit percent.

$A$ dealer sold a bicycle at a profit of $10 \%$. Had he bought the bicycle at $10 \%$ less price and sold it at a price $Rs. 60$ more,he would have gained $25 \%$. The cost price of the bicycle was:

$A$ fruit-seller buys $x$ guavas for $Rs. y$ and sells $y$ guavas for $Rs. x$. If $x > y$,then he made:

Hundred oranges are bought at the rate of $Rs. 350$ and sold at the rate of $Rs. 48$ per dozen. The percentage of profit or loss is:

Vedclass Test Series

Exam Paper Generator

Online Exam Module