Finding Selling Price
Finding Selling Price
To Find Selling Price when Profit/Loss percent is given: To find the selling price we will first find the Profit/Loss on the cost price, and will then find the Selling Price.
Selling Price = Cost Price + Profit
Selling Price = Cost Price- Loss
Illustration 1: Mr. Kumar Bought a car at Rs 5500 and sold it at a profit of 10% find the Selling Price of the car?
Solution: Cost Price of the car = Rs. 5500
Profit % = 10%
Profit = 10 % of 5500
Selling Price of the Car = 5500 + 550 = Rs. 6050
Illustration 2: A man buys a plot of agricultural land for Rs 300000. He sells one-third at a loss of 20%. and two-fifths at a gain of 25%. At what price must he sell the remaining land so as to make an overall profit of 10%.
Solution: We have,
C.P of the entire land = Rs 300000
Proposed overall profit = 10% of Rs 300000
So, Proposed S.P. = Rs (300000 + 30000) = Rs 330000
Now, C.P. of one-third land
Loss = 20% of Rs 110000
So, S.P. = C.P. - Loss
= Rs (110000 - 22000)
= Rs 88000
C.P. of two-fifths land
Gain = 25% of Rs 132000
So, S.P. = C.P. + Gain
= Rs (132000+33000)
= Rs 165000
Total S.P. of two parts of the land sold = Rs (88000 + 165000)
= Rs 253000
So, S.P. of the remaining land = Rs(300000 - 253000)
= Rs 47000
A man buys an old car for Rs. 55000 and sells it at a gain of 3%. If his overhead expenses are 1%, he sold the car for ___________ | |||
| Right Option : A | |||
| View Explanation | |||
A Man bought 50 dozen eggs at the rate of Rs.4 per dozen. He finds 40 eggs rotten. In order to gains 5%, he should sell eggs at _________ | |||
| Right Option : A | |||
| View Explanation | |||
A TV was bought for Rs 18,950 and old at a loss of Rs 4780. Find the selling price. | |||
| Right Option : D | |||
| View Explanation | |||
Students / Parents Reviews [10]
Being a parent, I saw my daughter improvement in her studies by seeing a good result in all day to day compititive exam TMO, NSO, IEO etc and as well as studies. I have got a fruitful result from my daughter.
Prisha Gupta
8thA marvelous experience with Abhyas. I am glad to share that my ward has achieved more than enough at the Ambala ABHYAS centre. Years have passed on and more and more he has gained. May the centre flourish and develop day by day by the grace of God.
Archit Segal
7thIt has a great methodology. Students here can get analysis to their test quickly.We can learn easily through PPTs and the testing methods are good. We know that where we have to practice
Barkha Arora
10thAbhyas Methodology is very good. It is based on according to student and each child manages accordingly to its properly. Methodology has improved the abilities of students to shine them in future.
Manish Kumar
10thMy experience with Abhyas is very good. I have learnt many things here like vedic maths and reasoning also. Teachers here first take our doubts and then there are assignments to verify our weak points.
Shivam Rana
7thIt was a good experience with Abhyas Academy. I even faced problems in starting but slowly and steadily overcomed. Especially reasoning classes helped me a lot.
Cheshta
10thOne of the best institutes to develope a child interest in studies.Provides SST and English knowledge also unlike other institutes. Teachers are co operative and friendly online tests andPPT develope practical knowledge also.
Aman Kumar Shrivastava
10thI have spent a wonderful time in Abhyas academy. It has made my reasoning more apt, English more stronger and Maths an interesting subject for me. It has given me a habbit of self studying
Yatharthi Sharma
10thAbout Abhyas metholodology the teachers are very nice and hardworking toward students.The Centre Head Mrs Anu Sethi is also a brilliant teacher.Abhyas has taught me how to overcome problems and has always taken my doubts and suppoeted me.
Shreya Shrivastava
8thMy experience with Abhyas academy is very good. I did not think that my every subject coming here will be so strong. The main thing is that the online tests had made me learn here more things.
