(B) Let the cost price $(C.P.)$ be $x$.Given that the marked price $(M.P.)$ is $30 \%$ above the cost price,we have: $M.P. = x + 0.30x = 1.30x$.Given

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(B) Let the cost price $(C.P.)$ be $x$.Given that the marked price $(M.P.)$ is $30 \%$ above the cost price,we have: $M.P. = x + 0.30x = 1.30x$.Given $M.P. = Rs. 286$,so $1.30x = 286$.$x = 286 / 1.30 = 220$.Thus,the cost price $(C.P.)$ is $Rs. 220$.The seller allows a $10 \%$ discount on the marked price.Discount $= 10 \% \text{ of } 286 = 0.10 \times 286 = Rs. 28.60$.Selling price $(S.P.)$ $= M.P. - \text{Discount} = 286 - 28.60 = Rs. 257.40$.Gain $= S.P. - C.P. = 257.40 - 220 = Rs. 37.40$.

Competitive Quantitative Aptitude Profit and Loss Profit and Loss

Medium

Charging $30 \%$ above its production cost,a radio maker puts a label of $Rs. 286$ on a radio as its price. But at the time of selling it,he allows a $10 \%$ discount on the labeled price. What will his gain be? (in $Rs.$)

A
$198$
B
$37.40$
C
$257.40$
D
$254.40$

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Quantitative Aptitude Questions

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Profit and Loss

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Profit and Loss

$A$ shopkeeper marks his goods at $25\%$ above his cost price and allows customers a discount of $12 \frac{1}{2}\%$ for cash. Find his $\%$ profit?

Medium

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$A$ shopkeeper gains $17 \%$ after allowing a discount of $10 \%$ on the marked price of an article. Find his profit percent if the article is sold at the marked price allowing no discount. (in $\%$)

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Two items $A$ and $B$ are sold at a profit of $10 \%$ and $15 \%,$ respectively. If the amount of profit received is the same,then the cost price of $A$ and $B$ may be (in $Rs.$)

Medium

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Seema purchased an item for $Rs.\, 9600$ and sold it for a loss of $5\%$. From that money, she purchased another item and sold it for a gain of $5\%$. What is her overall gain or loss?

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$A$ sells an article to $B$ at a gain of $20 \%$,$B$ sells it to $C$ at a gain of $10 \%$,and $C$ sells it to $D$ at a gain of $12 \frac{1}{2} \%$. If $D$ pays $₹ 29.70$,then $A$ purchased the article for (in $₹$):

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Charging $30 \%$ above its production cost,a radio maker puts a label of $Rs. 286$ on a radio as its price. But at the time of selling it,he allows a $10 \%$ discount on the labeled price. What will his gain be? (in $Rs.$)

Similar Questions

$A$ shopkeeper marks his goods at $25\%$ above his cost price and allows customers a discount of $12 \frac{1}{2}\%$ for cash. Find his $\%$ profit?

$A$ shopkeeper gains $17 \%$ after allowing a discount of $10 \%$ on the marked price of an article. Find his profit percent if the article is sold at the marked price allowing no discount. (in $\%$)

Two items $A$ and $B$ are sold at a profit of $10 \%$ and $15 \%,$ respectively. If the amount of profit received is the same,then the cost price of $A$ and $B$ may be (in $Rs.$)

Seema purchased an item for $Rs.\, 9600$ and sold it for a loss of $5\%$. From that money, she purchased another item and sold it for a gain of $5\%$. What is her overall gain or loss?

$A$ sells an article to $B$ at a gain of $20 \%$,$B$ sells it to $C$ at a gain of $10 \%$,and $C$ sells it to $D$ at a gain of $12 \frac{1}{2} \%$. If $D$ pays $₹ 29.70$,then $A$ purchased the article for (in $₹$):

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