Mr. Kapur purchased two toy cycles for Rs. 75 | vedclass

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

Question

(B) Cost Price $(C.P.)$ of each cycle $= ₹ 750$.Total $C.P.$ of two cycles $= 750 + 750 = ₹ 1500$.Selling Price $(S.P.)$ of the first cycle with $6 \%

Vedclass · Accepted Answer

$1 \%$ gain

Vedclass · Answer

(B) Cost Price $(C.P.)$ of each cycle $= ₹ 750$.Total $C.P.$ of two cycles $= 750 + 750 = ₹ 1500$.Selling Price $(S.P.)$ of the first cycle with $6 \%$ gain $= 750 	imes (1 + 0.06) = 750 	imes 1.06 = ₹ 795$.Selling Price $(S.P.)$ of the second cycle with $4 \%$ loss $= 750 	imes (1 - 0.04) = 750 	imes 0.96 = ₹ 720$.Total $S.P. = 795 + 720 = ₹ 1515$.Since $S.P. > C.P.$,there is a profit.Profit $= 1515 - 1500 = ₹ 15$.Profit $\% = (	ext{Profit} / 	ext{Total } C.P.) 	imes 100 = (15 / 1500) 	imes 100 = 1 \%$ gain.

Mr. Kapur purchased two toy cycles for $Rs. 750$ each. He sold these cycles,gaining $6 \%$ on one and losing $4 \%$ on the other. The gain or loss percent in the whole transaction is

Similar Questions

Nitin bought some oranges at $Rs. 40$ a dozen and an equal number at $Rs. 30$ a dozen. He sold them at $Rs. 45$ a dozen and made a profit of $Rs. 480$. The total number of dozens of oranges he bought was:

The selling price of a chair is $Rs. 1386$. If the loss percentage is $23\%$,what is the cost price (in $Rs.$) of the chair?

$A$ cycle dealer offers a discount of $10 \%$ and still makes a profit of $26 \%$. What does he pay for a cycle whose marked price is $₹ 840$? (in $₹$)

$A$ man gains $20 \%$ by selling an article for a certain price. If he sells it at double the price,what will be the percentage of profit (in $\%$)?

The cash difference between the selling price of an article at a profit of $4 \%$ and $6 \%$ is $Rs. 3$. The ratio of the $2$ selling prices is?

Vedclass Test Series

Exam Paper Generator

Online Exam Module