What per cent of selling price would be 34% of cost price if gross profit is 26% of the selling price?

17.16
74.00
25.16
88.40

Correct Answer: 25.16

Explanation:

Let the selling price of the article = Rs. 100
∴ Profit = Rs. 26
∴ Cost price of the article = 100 - 26 = Rs. 74
∴ Required % = (34 x 74)/100 = 25.16%

← Previous Question Next Question→

More Questions from Profit and Loss

Alok bought 25 kg of rice at the rate of Rs. 6.00 per kg and 35 kg of rice at the rate of Rs. 7.00 per kg. He mixed the two and sold the mixture at the rate of Rs. 6.75 per kg . What was his gain or loss in this transaction?
A buys oranges at Rs. 2 for 3 oranges and sells them at a rupee each. To make a profit of Rs. 10, he must sell?
The cost of 2 T.V. sets and a radio is Rs. 7000, while 2 radios and one T.V. set together cost Rs. 4250. The cost of a T.V. set is?
The loss incurred on selling an article for Rs. 270 is as much as the profit made after selling it at 10% profit. The C.P. of the article is?
A discount series of 10%, 20% and 40% is equal to single discount of?
The C.P. of an article is 40% of the S.P. The per cent that the S.P. is of C.P. is?
Toffees are bought at the rate of 8 for a rupee. To gain 60% they must be sold at?
Jimmy bought paper sheets for Rs. 7200 and spent Rs. 200 on transport paying Rs. 600 he had 330 boxes made, which he sold at Rs. 28 each. What is his profit percentage?
When the price of a toy was increased by 20%, the number of toys sold was decreased by 15%. What was the effect on the sales of the shop?
A dealer professing to sell at cost price uses a 900 gms weight for a kilogram. His gain percent is?

Discussion & Comments

No comments yet. Be the first to comment!

Join Discussion