11/10/2018 6:27 pm
Profit and Loss
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13/10/2018 11:41 pm
solution please!
aniket prajapati 14/10/2018 7:18 am
Let label price be 100
Trader gets 19% discount so c.p for him =81
Apply m.p/c.p= (100+profit)/(100-discount)
Profit= 20% discount=10%
M.p/81= 120/90
M.p= 108
So 8% above label price option b is correct
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13/10/2018 11:58 pm
solution please!
aniket prajapati 14/10/2018 11:54 pm
Alternate apporach
cp=100 ,sp=100(1+p/100) [p is profit]
new cp= 118 , new sp=118(1+p/100)
118(1+p/100) - 100(1+p/100) =9
18p/100=9
p=50
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14/10/2018 10:20 pm
Please provide the solution for question 24 and question 27.
aniket prajapati 14/10/2018 10:37 pm
24th
previously scale was 100( assumed value) now it becomes 125 let price of 1 unit =1rs
he is giving 125 unit and getting the price for 100 unit { cp for him=125,sp=100}
loss=(25/125)*100=20% (it can be treated as discount)
he gives discount 10%
successive discount of 20% and 10% =28%
apply mp/cp=(100+profit)/(100-discount)
let cp=100x
mp/100x=108/72
mp=150x
so 50% above cp
TG Team 14/10/2018 11:27 pm
Solution to the 27th Question :
let 100 items cost 100
Rajesh will take away 110 items
Hence , CP of Rakesh => 110
Marked price for Rajesh : 100 x 121/90
SP : 100 x 121 /90 x 90/100 = 121
Percentage profit : ( 121 - 110)/110 x 100 = 10%
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15/10/2018 2:32 pm
When a producer allows 36% commission on the retail price of his product he earns a profit of 8.8% . What would be his profit % if the commission is reduced by 24% ?
This post was modified 6 years ago by Richa Malhotra
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15/10/2018 5:49 pm
yes sir , could you give the explanation as well ?
aniket prajapati 15/10/2018 6:12 pm
Treat commission as the discount he will give and apply mp/cp= (100+profit)/(100-discount)
In first case p=8.08 and commission is 36
Mp/cp= 108.8/64
In 2nd case commission reduces by 24 means it becomes 12 and ratio of mp/cp remains same so
108.8/64=(100+new profit)/88
100+ new profit=149.6
New profit= 49.6
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25/10/2018 5:53 pm
If cost price of 11 pens is same as marked price of 9 pens. What is the profit percentage if it is same as the discount percentage offered?
correct ans:10%
solution please
TG Team 25/10/2018 6:02 pm
Let the cost price of 1 pen be Rs 1.
CP of 11 pens = MP of 9 pens = Rs. 11
CP of 9 pens = Rs 9.
if profit is p% then ,
9 x ( 100 + p)/100 = 11 x ( 100 - p)/
Solving this we get p = 10.
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03/11/2018 4:30 pm
Vinayak bought a ticket for the grand finale of the ‘Bull fighting’ challenge in Valencia, Spain. Unfortunately, he had to change his plans and decided to sell his ticket. He expected a lot of demand for the ticket but had to sell it for 1/2 of what he had initially quoted. This reduced his profits by 60%. His profit margin, in %, must have been
25
75
66.66
TG Team 03/11/2018 6:36 pm
Let the price of the the ticket be X.
Quoted price : 2Y
Profit on quoted price : 2Y - X
Profit on 1/2 of quoted price : Y - X
40% of ( 2Y - X) = Y - X.
X/Y = 1/3
Profit Margin : 100 x ( 3-1)/2 = 66.66%
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03/11/2018 6:53 pm
Sir is it wrong?
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22/11/2018 11:01 am
Roma sells 60 identical toys at a discount of 40% on printed price. Then she makes 20%profit. Ten of these toys are destroyesd. While selling tje rest , how much discount should be given on the printed price so that she can make the same amount on profit?
A 30
B 23
C 24
D 28
aniket prajapati 23/11/2018 9:55 am
Let mp of 60 articles be 60 RS.
Discounted price = 60*(100-40)/100 =36rs
On selling at 36 RS he gains 20% so we have to maintain same price
Now 10 articles are destroyed so mp of 50 articles is 50 RS.
And we have to sell at 36 RS so discount = 14 RS
% discount = (14/50)*100 = 28%
Hence option D
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19/01/2019 3:35 pm
If an article is sold for rs. X then there is a loss of 15%. And if the article is sold for rs. Y then there is a profit of 15%. What is the ratio of y-x/y+x ?
TG Team 19/01/2019 5:07 pm
assume the cost of article = C
15% loss = .85c =x
15% profit = 1.15c= y
now
(y-x)/(y+x) = (1.15-0.85)/(0.85+1.15) = 0.3/2 = 3/20
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23/03/2022 3:59 pm
Mark bought 45 grinders for Rs. 2215, while carrying he incurred transporting cost of Rs 2190. Again, Rs. 2760 were spend on packing these grinders into boxes. Find SP of each piece to make profit of 20%.
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25/04/2024 5:41 pm
A shopkeeper allows 16% discount on every item. Even after giving the discount, he makes a profit of 8%. If he gives 8% discount instead of 16% on an item marked for Rs.1800, then what will be his profit percent? (correct to 2 decimal places)
- 19
- 18.31
- 18.29
- 18