Advertisements

Word Problem 20 (Profit on sale)

Problem 20: By selling a watch for Rs 50 a man lost 10%. In order to gain 26% he must sell it for;

a. Rs 63.30                a. Rs 70               a. Rs 76                   a. Rs 80   

— job test math —



word problems with answers, word problems high school, word problems algebra

Solution: 

Here Selling Price(with loss)

Sp= Rs 50

Loss=10%

Profit = 26%

Selling Price (with profit)=?

We suppose the cost price ;

CP of Watch = y

As he gets 10% loss for his first selling;

\Rightarrow Selling Price ( with 10% loss)=\frac{90y}{100}

But selling price with loss is Rs 50

\Rightarrow 50=\frac{90y}{100}

\Rightarrow y =\frac{100\times50}{90}

\Rightarrow y =\frac{500}{9}

Now his selling price with profit of 26%

 =\frac{126y}{100}

Put value of ‘y’ from above;

 \Rightarrow Selling Price (26% Profit)=\frac{126}{100}\times \frac{500}{9}

 \Rightarrow Selling Price (26% Profit)=70

So he must sale his watch for RS 70 to earn 26% profit

JEMrare, JEM rare, MCQs, on math, Basic math, basic arithmetic MCQs, Word problems, Mathematics Aptitude test , GRE, math mcqs, basic mathematics aptitude test,math mcqs for class 10,
geometry mcqs,
Digiprove sealCopyright secured by Digiprove © 2020
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

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!

Your email address will not be published.

You may use these <abbr title="HyperText Markup Language">HTML</abbr> tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

All original content on these pages is fingerprinted and certified by Digiprove
Insert math as
Block
Inline
Additional settings
Formula color
Text color
#333333
Type math using LaTeX
Preview
\({}\)
Nothing to preview
Insert