In order to have a profit of 20% Selling Price must be= 120/100*Cost Price (S.P= 100 PROFIT% OR 100-LOSS%/100*COST PRICE)
120/100*1/6=1/5 Rs
Therefore the cost of 1 pc will be 1/5 so for a rupee he should sell 5pcs.
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The cost of the manufacturing an article includes materials, labour and overheads in the ratio of 4:3: if the cost of labour is 45rs.find the total cost of article and also its profit percentage,if the article is sold per Rs. 180?
Cost ratio of material, labor, overheads => 4:3:2
Total cost ll be 4x+3x+2x = 9x
Cost of Labor = 45
Therfore 3x=45 => x = 15
Total cost of article is 4*15+3*15+2*15 = 135
If SP = 180, then profit= 180-135 = 45
Profit % = 45*100/135 => 33 1/3%
Rs. 135, 33 1/3%
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M men agree to purchase a gift for Rs. D. If three men drop out how much more will each have to contribute towards the purchase of the gift.
Selling price of one mango = 1/36
New selling price = (1/36)*(108/90) = 1/30
So,for 1?, he should sell 30 mangoes.
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You buy 10 apples for Rs. 300 and 12 oranges for Rs. 60. You sell the apples for Rs. 350 and the oranges for Rs. 55. What percentage net profit or loss did you ake in the entire transaction?
Total cost price of 10 apples and 12 oranges = 300+60= 360
Total selling price of 10 apples and 12 oranges = 350 + 55 = 405
Now profit = ((405-360)/360 ) * 100 = 12.5%
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A salesman makes a profit of 25% on all sales.How many fax machines will he have to sell for $375 each to make a total commission of at least $500?
Ashok bought an article and spent Rs110 on its repair. He then sold it to Bhushan at a profit of 20%. Bhushan sold it to Charan at a loss of 10%. Charan sold it for Rs1188 at a profit of 10%. How much did Ashok pay for the article?
If Ashok pays Rs. x for an article, then (x+110)*(120/100)*(90/100)*(110/100)=1188
On solving x = 890 Rs.
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How many kg of rice priced at $3.6 per kg should be added to 24 kg of rice priced at $2.7 per kg in order to make 5% profit on selling the mixture at $ 3.15 per kg?
If 'x' kg of rice prices at 3.6$/kg is mixed with 24 kg. of rice priced at 2.7$/kg, then average price=
(x*3.6 + 24*2.7)/(24+x) =3.15*100/105
(3.6+64.8)/(24+x) =3
By, solving above eq. x = 12 kg.
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A tiffin box manufacturer reduces the price of his school kids' tiffin from Rs.30/- to Rs.28/- per tiffin and the price of regular tiffin from Rs.24/- to Rs.23/- per tiffin. A caterer normally spends Rs.1440/- a month for tiffin and 3/4 of this is for regular tiffin. How much will they save a month under the new prices?
Kid's tiffin price-30 and regular tiffin price is 24.
3/4 is for regular tiffin. so, 3/4*1440=1080.
No. of regular tiffin's =1080/24=45.
and No. of kid's tiffin =360/30=12.
if the price is reduced to 28(kid's tiffin) and 23(regular tiffin) then total money spend =28*12+45*23=1371.
so, 1440-1371=69.
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Mayank buys some candies for Rs 15 a dozen and an equal number of different candies for Rs 12 a dozen. He sells all for Rs 16.50 a dozen and makes a profit of Rs 150. How many dozens of candies did he buy altogether?
Mayank buys some candies for Rs 15 a dozen and an equal number of different c
Let the number of
Let the number of dozens of candies he bought of each variety be x Hence total cost = 12x + 15x = 27x Total selling price = 16.50*2x = 33x Profit = 33x - 27x = 6x Given 6x = 150 => x = 25 Hence he bought 50 dozens of candies in total
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