A shopkeeper bought an item for ₹400. He sold it at a profit of 25%. Then, the buyer sold it to another person at a loss of 10%. What is the final selling price?
₹450
Cost Price = ₹400
Selling Price after 25% profit = 400 + 25% of 400 = 400 + 100 = ₹500
New CP for second person = ₹500
Loss of 10% → SP = 90% of 500 = (90 ÷ 100) × 500 = ₹450
Important Questions from Profit and Loss
Ram bought a chair at 35% discount on its market price, Had Ram got no discount, he would have had to pay ₹245 more. How much did Ram pay for the chair?
A shopkeeper bought an item for Rs. 4,500 and sold it at a loss of 5%. From this money, he bought another item and sold it at a profit of 10%. What is his overall profit?
A man sells two articles at Rs. 9,180 each. He gains 8% on one article and loses 15% on the other. His overall profit or loss is:
A shopkeeper selling an article for ₹46 loses 8%. In order to gain 6%, what should be the selling price of the article?
Rahul purchased 80 items from the market. 25% items of the total items were defective and the remaining items were sold at 50% profit. What will be the overall profit percentage?
