A shopkeeper sold Sarees at Rs. 266 each after giving 5% discount on labelled price. Had he not give

English

Gujarati

Hindi

7.Profit and Loss

medium

A shopkeeper sold Sarees at $Rs.$ $266$ each after giving $5\%$ discount on labelled price. Had he not given the discount, he would have earned a profit of $12 \%$ on the cost price. What was the cost price of each Saree? (in $Rs.$)

A

$240$

B

$260$

C

$250$

D

Data inadequate

Solution

Let the cost price of saree be $Rs. x$

Labelled price $=266 \times \frac{100}{95}=Rs. 280$

profit $\%=12=\frac{280-x}{x} \times 100$

or $x\left(\frac{12}{100}+1\right)=280$

or $x=\frac{100}{112} \times 280=Rs. 250$

Standard 13

Quantitative Aptitude

Share

Similar Questions

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

medium

The cost price of an article is $80 \%$ of its marked price for sale. How much percent does the tradesman gain after allowing a discount of $12 \% ?$

easy

An $Ox$ and a carriage together cost $Rs.$ $8000$ The ox is sold at profit of $10 \%$ and carriage is sold at loss of $10 \% .$ If total profit made is $2.5 \%$ then what is the cost price of the $ox$? (in $Rs.$)

hard

A man sold two cows at $Rs. \,1995$ each. On one he lost $10 \%$ and on the other he gained $10 \% .$ What his gain or loss percent?

easy

Arun marks up the computer he is selling by $20 \%$ profit and sells them at a discount of $15 \%$. Arun's net gain percent is

easy