The profit earned by selling an article for R | vedclass

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

Question

(D) Let the Cost Price $(CP)$ of the article be $Rs. x$.When sold for $Rs. 900$,the profit is $(900 - x)$.When sold for $Rs. 450$,the loss is $(x - 45

Vedclass · Accepted Answer

$750$

Vedclass · Answer

(D) Let the Cost Price $(CP)$ of the article be $Rs. x$.When sold for $Rs. 900$,the profit is $(900 - x)$.When sold for $Rs. 450$,the loss is $(x - 450)$.According to the problem,the profit is double the loss:$900 - x = 2(x - 450)$$900 - x = 2x - 900$$3x = 1800$$x = 600$So,the $CP$ is $Rs. 600$.To earn a $25\%$ profit,the Selling Price $(SP)$ should be:$SP = CP 	imes (1 + \frac{25}{100})$$SP = 600 	imes 1.25 = Rs. 750$.

The profit earned by selling an article for $Rs. 900$ is double the loss incurred when the same article is sold for $Rs. 450$. At what price should the article be sold to make $25\%$ profit?

Similar Questions

By selling an article at $80 \%$ of its marked price,a shopkeeper makes a loss of $10 \%$. What will be the profit percentage if he sells it at $95 \%$ of its marked price (in $\%$)?

$A$ man bought $15$ mangoes for a rupee. How many mangoes were sold for a rupee so that there is a loss of $25 \% ?$

Mohit lost $18 \%$ by selling a bicycle for $Rs. 1230$. What percent shall he gain or loss by selling it for $Rs. 1600$?

By selling a book for $Rs. 360$,$20\%$ profit was earned. What is the $CP$ of the book in $Rs.$?

$A$ fruit vendor buys $10$ bananas for $Rs. 14$ and sells them at $12$ for $Rs. 15$. Find his percentage gain or loss.

Vedclass Test Series

Exam Paper Generator

Online Exam Module