Q11 of 35 Page 175

There is a loss of 4% by selling 12 commodities at Rs. 1. To make 44% profit how money commodities have to be sold at Rs. 1?

Formula Used.


Loss/profit percent = × 100%


If selling price of 12 commodities = Rs. 1


If selling price of 1 commodities = Rs.


Let Cost price of 1 commodity be X


⇒ Loss = Cost price – Selling price


= X - =


Loss/profit percent = × 100%


4% = ×100


1 = ×25


12X = 300X – 25


288X = 25


X =


For 44 % profit


Selling price = Cost price + Profit


Selling price = X+×X


= = = =


Selling price of 1 commodity = Rs.


Selling price of 8 commodity = Rs. ×8 = Rs. 1


∴ 8 commodities should be sold in Rs. 1 for 44% profit


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