Saritha purchased a pre-owned sewing machine for ₹34,999 and spent ₹4,000 on repairs and ₹1,000 on transport. She sold it with 15% profit. At what price did she sell the machine?
₹45,998.85
Total cost price = ₹34,999 + ₹4,000 + ₹1,000 = ₹39,999. The selling price with 15% profit is calculated as:
Selling Price = Cost Price × (1 + Profit%)
Selling Price = ₹39,999 × (1 + 0.15) = ₹39,999 × 1.15 = ₹45,998.85
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?
