Question
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?
The correct answer is
₹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
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Important Questions from Profit and Loss
- Veer bought some sharpeners at the rate of ₹180/dozen. He sold them for ₹23 each. His profit percentage is ____ % (rounded off to two decimal places).
- A shopkeeper lists the price of a fan at 60% above its cost price and offers a 15% discount on its list price. If he earns a profit of ₹117, then what is the list price (in ₹) of the fan?
- The marked price of an article is ₹800. It is sold at two successive discounts of 24% and 15%, respectively. Find the selling price of the article.
- A discount of 13% on the marked price of an article is allowed and then the article is sold for ₹348. The marked price of the article is:
- A trader claims to sell grains at a profit of 29%, but also dishonestly uses a weight which is 13% less than what is mentioned on it. Find the total percentage of profit earned by the trader. (Round off the answer to the nearest whole number.)
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