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Question

Krishna bought a computer and paid 25% less than its original price. He sold it at 48% profit on the price he had paid. Find the percentage of profit earned by Krishna on the original price.

This question was previously asked in
SSC Selection Post 2022 Matriculation Level Question Paper (02-Aug-2022) (Shift-4)
The correct answer is
11%

To solve this problem, we need to calculate Krishna's profit percentage on the original price of the computer. Let's break it down step-by-step:

  1. Let the original price of the computer be \(x\).
  2. Krishna bought the computer at 25% less than its original price. Therefore, the price he paid is:
  3. He sold the computer at a 48% profit on the price he paid. Thus, the selling price is:
  4. To find the profit percentage on the original price, calculate the profit first:
  5. The profit percentage with respect to the original price is:

Thus, the percentage of profit earned by Krishna on the original price is 11%.

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Similar Questions

  1. P sells a Laptop to Q at a loss of 25% and Q sells the laptop to R at a profit of 20%. If R purchased the laptop for 22,500, then what was the cost (in ₹) of the laptop for P?
  2. The selling price of y items is equal to the cost price of 540 items. If the profit made is 44%, then find the value of y.
  3. Two articles were sold for Rs.3,000 each, with no loss and profit in the entire transaction. If one was sold at a profit of 25%, then the loss incurred on the second article is _______.

  4. Shyam bought a chair for ₹1,563 and spent ₹350 on its repairing. He sold it for ₹2,398. Find his profit percentage (correct to two places of decimals).

  5. A chair is bought for ₹600 and sold for ₹750. Find the profit percentage.
  6. The difference between the cost price and the selling price of a table lamp is ₹540. If the profit is 30%, then the selling price (in) is:
  7. On selling 2800 school bags, Anita earns a profit equal to the sale price of 420 school bags. What is the gain percentage that Anita earned?
    Note: round off to two decimal places
  8. If the market price of a bedsheet is 24% above the cost price and a discount of 15% is declared on it, then find the gain percentage.
  9. Ram buys 13 balls for Rs.390 and sells them at the rate of Rs.33 per ball. Find his gain percentage.
  10. If the selling price of 10 chairs is the same as the cost price of 8 chairs, find the loss percentage.

Important Questions from Profit and Loss

  1. 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?

  2. 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:

  3. The cost price of an article is Rs.6,450. If it sold at a profit 16%, how much would be its selling price?

  4. If the selling price of 7 articles is equal to the cost price of 6 articles, then what is the percentage loss?

  5. 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

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