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 bought 542 kg of sugar for Rs. 7560.90 and sold it so as to gain 20%. The selling price per kilogram of sugar is __________ | |||
Right Option : A | |||
View Explanation |
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 |
_____________ price is the price at which the article is sold. | |||
Right Option : B | |||
View Explanation |
A 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.
I 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
It was good as the experience because as we had come here we had been improved in a such envirnment created here.Extra is taught which is beneficial for future.
Abhyas 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.
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.
Abhyas is a complete education Institute. Here extreme care is taken by teacher with the help of regular exam. Extra classes also conducted by the institute, if the student is weak.
My experience was very good with Abhyas academy. I am studying here from 6th class and I am satisfied by its results in my life. I improved a lot here ahead of school syllabus.
My 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.
It 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.
One 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.