Suji marked a dress 50% above the cost price. If she offers a discount of 30% on the marked price and the customer pays ₹5,250, the cost price is:
₹5,000
Let cost price be x.
Marked Price = x + 50% of x = 1.5x
Selling Price = 1.5x - 30% of 1.5x = 1.5x × (1 - 0.3) = 1.5x × 0.7 = 1.05x
1.05x = 5250 → x = 5250 ÷ 1.05 = ₹5,000
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?
