While selling,a businessman allows 40 % disco | vedclass

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

Question

(C) Let the marked price of the article be $Rs. x$ and the cost price $(CP)$ be $Rs. 100$.According to the problem,the selling price $(SP)$ after a $4

Vedclass · Accepted Answer

$16 \frac{2}{3}$

Vedclass · Answer

(C) Let the marked price of the article be $Rs. x$ and the cost price $(CP)$ be $Rs. 100$.According to the problem,the selling price $(SP)$ after a $40 \%$ discount is:$SP = x - 0.40x = 0.60x$Given that there is a loss of $30 \%$,the $SP$ is also equal to $70 \%$ of the $CP$:$SP = 100 - 30 = 70$Equating the two expressions for $SP$:$0.60x = 70$$x = \frac{70}{0.60} = \frac{700}{6} = \frac{350}{3}$If the article is sold at the marked price $(x)$,the profit is:$Profit = SP - CP = \frac{350}{3} - 100 = \frac{350 - 300}{3} = \frac{50}{3} = 16 \frac{2}{3}$Since the $CP$ is $100$,the profit percentage is $16 \frac{2}{3} \%$.

While selling,a businessman allows $40 \%$ discount on the marked price and there is a loss of $30 \%$. If it is sold at the marked price,the profit percent will be:

Similar Questions

If $n = 7 + 4 \sqrt{3}$,then the value of $\left(\sqrt{n} + \frac{1}{\sqrt{n}}\right)$ is

What should come in place of the question mark $(?)$ in the following equation?
$39.97 \%$ of $649.8 \div 13.05 = 45.12 - ?$

The value of $25 - 5[2 + 3\{2 - 2(5 - 3) + 5\} - 10] \div 4$ is

Simplified form of $\left[\left(\sqrt[5]{x^{-3 / 5}}\right)^{-5 / 3}\right]^{5}$ is

What is the value of $\sqrt{729} + \sqrt{72.9} + \sqrt{7.29}$?

Vedclass Test Series

Exam Paper Generator

Online Exam Module