If selling price of an article is 8/5 times its cost price, then profit percent on it is
A). 50 %
B). 60 %
C). 70 %
D). 80 %
60 %
Let the cost price be 10.Then, SP = 10 × 8/5 = 16. So, profit = 6 and profit percent = 60%.
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1. The value of a machine depreciates at 20% per annum. If its present value is Rs. 1,50,000, at what price should it be sold after two years such that a profit of Rs. 24,000 is made?
2. Raghuvir bought 10 calculators and 16 watches for Rs. 56000 and sold them at an overall profit of 20%. At what price should he sell 15 calculators and 24 wathces so that he receives the same percentage of profit ?
3. A wholesaler sells a watch to a retailer at a gain of 35% and the retailer sells it to a customer at a loss of 25%. If the customer pays Rs 2379.375, what had it cost the wholesaler?
4. Rashmi purchased 120 chalks at the rate of Rs. 10 per chalk. She sold 60 chalks at a gain of 15%. The percentage gain at which she must sell the remaining chalks so as to gain 20% on the whole outlay is
5. 12 copies of a book were sold for Rs.1800/- thereby gaining cost price of 3 copies. The cost price of a copy is :
6. When a discount of 20% is given on a wedding gown, the profit is 28%. If the discount is 15%, then the profit is:
7. If the cost price of 16 books is equal to the selling price of 20 of them, what will be the loss in this transaction?
8. The profit (In Rs.) after selling an article for Rs. 524 is the same as the loss (In Rs.) after selling it for Rs. 452. The cost price of an article is:
9. The printed price of an article Is 40% higher than Its cost price. Then the rate of discount such that he gains 12% profit Is.
10. A T.V was sold at a profit of 5% If it had been sold at a profit of 10% , the profit would have been Rs. 1000 more. What is its cost price ?
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