Word Problem* 7

Profit & Loss 0

Problem 7: If an electric iron is sold for Rs 76, profit gain is 62% of the cost price. If sale price is set as Rs 74, what will be profit gain percentage ?

Solution:

Lets suppose

$CP = x$

We are given

$SP = 76 Rs$

$Profit = 52%= \frac{52}{100}x$

i-e $P= \frac{52}{100}x$

We know

$P = SP - CP$

Put values,

$\frac{52}{100}x=76 -x$

Shift ‘x’ terms to one side

$\frac{52}{100}x+x=76$

$\frac{52x+100x}{100}=76$

$\frac{152x}{100}=76$

$x=\frac{7600}{152}$

$x=50 Rs$

So, Cost price is Rs 50

Now if we sale it for Rs 74

i-e $SP= 74 Rs$

and we know

$CP=50 RS$

The Profit

$P = ?$

We write again,

$P= SP - CP$

Put values

$P= 74-50$

$P= 24$

Know let suppose 24 is ‘y’ percent of CP

i-e

$24= \frac{y}{100} CP$

Leaving ‘y’ on one side and shift other terms other side, we grt

$y=\frac{24 \times 100}{50}$

$y=48%$

So , he will gain 48 % if he sales pen for 76 Rs.

math word problems 2nd grade,
addition word problems,
word problems for grade 4,
multiplication word problems,
3rd grade math word problems pdf,
word problems for grade 3,
gre test sample,
gre test prep,
gre practice test.maths mcqs with solution,
maths formulas for nts test,
nts test master maths,
nts questions,
english mcqs for nts,
pak mcqs basic maths,
nts math syllabus,
geometry mcqs for nts,
nts past papers,
nts gat general maths questions,
msc mathematics mcqs, Job Exam Mathematics,free basic skills test for employment,

You may submit a MCQ or maths problem with solution tips here in the comment box below! If you could not solve anyone, you may submit a MCQ or maths problem without solution as well. We will try our level best to solve it for you! Cancel Reply

Word Problem* 7

You may submit a MCQ or maths problem with solution tips here in the comment box below! If you could not solve anyone, you may submit a MCQ or maths problem without solution as well. We will try our level best to solve it for you! Cancel Reply

Pages

Archives

Categories

Today	234
Yesterday	315
Past 7 Days	2,169
Month of May	7,266
Year 2022	43,482

Word Problem* 7

You may submit a MCQ or maths problem with solution tips here in the comment box below! If you could not solve anyone, you may submit a MCQ or maths problem without solution as well. We will try our level best to solve it for you! Cancel Reply

Subscribe to jemrare.com