Q15 of 35 Page 175

The market price of a special type of pens is Rs. 36.50. By selling the pen to Shuvam with a discount of Rs. 2.90 Rafikchacha makes a profit of 12%. If he sold a pen of that type of Mita at Rs. 34.50, then let us find out his percentage profit in the second pen.

Formula sed.


Loss/profit percent = × 100%


Market price of pen is Rs. 36.5


While selling to shuvam


Selling price = Rs. 36.5 – Rs. 2.9


= Rs. 33.6


Profit made by selling to shuvam is 12%


Let cost price of pen be X


Then;


Selling price will be


X+ = =


While selling price is Rs. 33.6


= Rs. 33.6


X = = Rs. 30


⇒ Cost price of pen is Rs. 30


While selling to Mita


Selling price = Rs. 34.5


Profit = Selling price – Cost price


= Rs. 34.5 – Rs. 30 = Rs. 4.5


Loss/profit percent = × 100%


=


= 15%


∴ 15% profit is made while selling to Mita.


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