Cost Price (CP) = ₹8 per kg and Selling Price (SP) = ₹12 per kg
Profit = Selling Price − Cost Price
Profit percentage is calculated as profit divided by cost price, multiplied by 100
The trader's profit percentage is 50%.
Let Principal = P, Amount = A, Rate = R% per annum, Time = T years
Given that the sum becomes 4 times itself, so Amount = 4P
The rate of interest per annum is 20%.
Let the two principal amounts be 3x and 5x respectively, since they are in the ratio 3:5.
Using the formula SI = (P × R × T)/100, calculate interest for each principal over 4 years.
For the first principal at 8% per annum:
For the second principal at 6% per annum:
The difference in simple interests is ₹480.
Substitute x = 2000 into the principal expressions.
**The two principal amounts are ₹3,000
Principal (P) = ₹5,000, Rate (R) = 6% per annum, Final Amount (A) = ₹6,500
Simple Interest (SI) = Final Amount - Principal
Using the formula: \(SI = \frac{P \times R \times T}{100}\)
The amount will become ₹6,500 after 5 years.
Using the formula SI = PRT/100, where SI = ₹3,600, R = 12% p.a., T = 3 years
For P = ₹10,000, R = 10% p.a., T = 5 years
The simple interest earned on ₹10,000 invested for 5 years at 10% per annum is ₹5,000.
The formula for amount in simple interest is A = P + SI, where SI = PRT/100
Given: A = ₹9,600, T = 5 years, R = 8% per annum
The principal amount was ₹6,000.
Item A is sold at 15% profit with cost price ₹4,000.
Total cost price of both items = ₹4,000 + ₹6,000 = ₹10,000
For an overall profit of 5%, total selling price required:
Since total selling price must be ₹10,500 and Item A is sold for ₹4,600:
The selling price of Item B should be ₹5,900 to achieve an overall profit of 5%.
Note: The given answer ₹6,900 appears to be incorrect based on the problem parameters provided.
The merchant's total cost includes the purchase price, transportation, and packaging costs.
The merchant wants to make a 20% profit on the total cost price.
The selling price is the total cost price plus the profit amount.
The merchant should sell the goods at ₹21,000 to make a 20% profit.
[Let CP₁ be the cost price of first article. Selling price = ₹1,000 at 25% profit]
[Let CP₂ be the cost price of second article. Selling price = ₹1,000 at 25% loss]
[Total Cost Price and Total Selling Price]
$$\text{Loss} = \
The marked price is 60% above the cost price of ₹800.
A discount of 20% is offered on the marked price of ₹1280.
The profit is the difference between selling price and cost price, divided by cost price and multiplied by 100.
The trader made a profit of 28% on the watch.