Seema bought 20 bands at the price of Rs. 300 each. She earned profits equal to cost price of 15 bands. Find the selling price of one band.
Rs. 525
Total cost price for 20 bands = 20 × 300 = Rs. 6000. Profit equals cost price of 15 bands = 15 × 300 = Rs. 4500. Total selling price = 6000 + 4500 = Rs. 10500. Selling price of one band = 10500/20 = Rs. 525.
Similar Questions
Cost price of an article is 20% of selling price of that. Then what percentage is selling price of the cost price?
Important Questions from Profit and Loss
By selling an article for Rs. 2,200, a profit of 10% is earned. If the same article is sold for Rs. 2,600, then what will be the gain percentage?
By selling an article for Rs. 640, a person loses 15% of its selling price. At what price (in Rs.) should he sell it to gain 15% on its cost price?
The selling prices of articles A and B are the same. A is sold at a profit of 28 percent and B is sold at a loss of 24 percent. If the total selling price of the both articles is Rs. 48640, then what is the cost price of A and B, respectively ?
The cost price of an article is Rs. 2800. Profit as a percentage of selling price is 20 percent. What is the actual profit (in Rs.) ?
A trader bought 640 kg of rice. He sold a part of rice at 20% profit and the rest at 5% loss. He earned a profit of 15% in the entire transaction. What is the quantity (in kg) of rice that he sold at 5% loss?
