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A trader cheats his customer to make a profit by stating that he sells at cost
price but gives his customers only 800 grams. for every 1000 grams. What is his
profit percentage?
Solution :
Profit % = (200/800)x100%
Profit % = 25%
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Problem 2 :
A sells to B an item at 15% profit. B sells the same item to C at 20% profit. If C
pays $ 1656 for it. What is the price at which A bought the item?
Solution :
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Problem 3 :
Mr. Lenin sold a chair at a loss of 15%. If he had sold at a profit of 10%, he
would have got $100 more. What is the cost is the cost price of the chair?
Solution :
= 0.85x --------(1)
= 1.1x ---------(2)
0.25x = 100
25x = 10000
x = 400
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Problem 4 :
If good are purchased for $ 1500 and one fifth of them sold at a loss of 15%. Then
at what profit percentage should the rest be sold to obtain a profit of 15%?
Solution :
When all the good sold, we must have received $1725 for 15% profit.
When we look at the above picture, in order to reach 15% profit overall, the rest
of the goods ($1200) has to be sold for $1470.
That is,
Hence, the rest of the goods to be sold at 22.5% profit in order to obtain 15%
profit overall.
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Problem 5 :
By selling 20 articles, a trader gained the selling price of 5 articles. Find the
profit percent.
Solution :
C.P of 20 articles = 4X - X
C.P of 20 articles = 3X
Profit percentage = (X / 3X).100% = (1/3).100%
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Problem 6 :
I purchased 120 books at the rate of $3 each and sold 1/3 of them at the rate of $4
each. 1/2 of them at the rate of $ 5 each and rest at the cost price. Find my
profit percentage.
Solution :
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Problem 7 :
A trader marks his goods 20% above the cost price and allows a discount of 10% for
cash. Find the profit percentage
Solution :
90% of (M.P) = X
(0.9).120 = X
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Problem 8 :
A person wants to get 20% profit after selling his object at 20% discount. Find the
required percentage increase in marked price.
Solution :
(0.8)X = 120
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Problem 9 :
A person buys 8 articles for $15 and sells them at 10 for $18. Find the profit or
loss percentage.
Solution :
Cost price :
Selling price :
So there is loss.
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Problem 10 :
The selling price of 10 articles is the cost price of 15 articles. Find profit or
loss percentage.
Solution :
Given :
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Problem 11 :
Sum of the cost price of two products is $50. Sum of the selling price of the same
two products is $52. If one is sold at 20% profit and other one is sold at 20%
loss, find the cost price of each product.
Solution :
Then, x + y = 50 --------(1)
3x + 2y = 130 --------(2)
Hence the cost prices of two products are $30 and $20.
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Problem 12 :
A computer store used a markup rate of 40%. Find the selling price of a computer
game that cost the retailer $25.
Solution :
S.P = 140% x 25
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Problem 13 :
A golf store pays its wholesaler $40 for a certain club, and then sells it to a
golfer for $75. What is the markup rate?
Solution :
Mark up value = 75 - 40 = $ 35
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Problem 14 :
A store uses a 40% markup on cost. Find the cost of a pair of shoes that sells for
$63.
Solution :
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Problem 15 :
A product is originally priced at $55 is marked 25% off. What is the sale price?
Solution :
S.P = 41.25
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Problem 16 :
A product that regularly sells for $425 is marked down to $318.75. What is the
discount rate?
Solution :
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Problem 17 :
A product is marked down 15%; the sale price is $127.46. What was the original
price?
Solution :
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Problem 18 :
On selling 20 units of an item, the profit is equal to cost price of 5 units. Find
the mark mark up rate.
Solution :
= 25%
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Problem 19 :
On selling an item, a trader gets a profit of $20. If the selling price is five
times the profit, find the mark up rate.
Solution :
Profit = $20
= 25%
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Problem 20 :
Difference between the cost price of two products is $10. Difference between the
selling price is $20. If one is sold at 20% profit and other one is sold at 20%
loss, find the cost price of each product.
Solution :
Then, x - y = 10 --------(1)
3x - 2y = 50 --------(2)
Hence, the cost prices of two products are $30 and $20.