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
Rohit buys 8 pens and 4 pencils for Rs. 2400. He sells pencils at a profit of 20 percent and pens at the loss of 10 percent. If his overall profit is Rs. 240, then what is the sum of the cost price of one pen and one pencil?
An article was sold at a loss of 24%. If it were sold for Rs. 1,596 more, then there would have been a gain of 18%, The cost price of the article is:
The cost price of an article is Rs.6,450. If it sold at a profit 16%, how much would be its selling price?
If the selling price of 7 articles is equal to the cost price of 6 articles, then what is the percentage loss?
An article when sold at a gain of 5%, yields Rs. 15 more than when sold at a loss of 5%. The cost price will be
