Q2 of 59 Page 9

A shopkeeper purchases an article for ₹ 3,500 and pays transport charge of ₹ 100. He incurred a loss of 12% in selling this. Find the selling price of the article.

CP of article = ₹ 3500

Overhead expenses = ₹ 100


Effective CP = CP + Overhead expenses


= Rs. 3,600


Loss % = 12%


⇒


Loss = 12 x 36


= Rs. 432


SP = CP- Loss


= 3600-432


= Rs. 3168


More from this chapter

All 59 →
5

A factory announces a bonus of 10% to its employees. If an employee gets ₹ 10,780, find his actual salary.

 1

Sonu bought a bicycle for ₹ 3,750 and spent ₹ 250 on its repairs. He sold it for ₹ 4,400. Find his loss or profit percentage.

 3

By selling a watch for ₹ 720, Ravi loses 10%. At what price should he sell it, in order to gain 15%?

 4

Hari bought two fans for ₹ 2,400 each. He sold one at a loss of 10% and the other at a profit of 15%. Find the selling price of each fan and find also the total profit or loss.