The cost price of an article is 64 % of the m | vedclass

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

Question

$(A)$ Let the marked price $(M.P.)$ of the article be $100$.Given that the cost price $(C.P.)$ is $64 \%$ of the marked price, so $C.P. = 64$.$A$ disc

Vedclass · Accepted Answer

$37.5$

Vedclass · Answer

$(A)$ Let the marked price $(M.P.)$ of the article be $100$.Given that the cost price $(C.P.)$ is $64 \%$ of the marked price, so $C.P. = 64$.$A$ discount of $12 \%$ is allowed on the marked price.Therefore, the selling price $(S.P.)$ $= M.P. - (12 \% 	ext{ of } M.P.) = 100 - 12 = 88$.Gain $= S.P. - C.P. = 88 - 64 = 24$.Gain percent $= \left( \frac{	ext{Gain}}{C.P.} ight) 	imes 100 = \left( \frac{24}{64} ight) 	imes 100$.Gain percent $= \frac{3}{8} 	imes 100 = 37.5 \%$.

The cost price of an article is $64 \%$ of the marked price. Calculate the gain percent after allowing a discount of $12 \%$.

Similar Questions

On an article,the profit is $210 \%$ of the cost price. If the cost price increases by $40 \%$ but the selling price remains constant,approximately what percent of the selling price will be the profit?

In a certain store, the profit is $320 \%$ of the cost. If the cost increases by $25 \%$ but the selling price remains constant, approximately what percentage of the selling price is the profit?

On a $Rs. 10,000$ payment order,a person has a choice between three successive discounts of $10\%, 10\%$ and $30\%$ and three successive discounts of $40\%, 5\%$ and $5\%$. By choosing the better offer,how much can he save in $Rs.$?

$20 \%$ loss on selling price is what per cent loss on the cost price? (in $\%$)

If the selling price is doubled,the profit triples. Find the profit percent.

Vedclass Test Series

Exam Paper Generator

Online Exam Module