Mohan purchased an article and sold it for Rs 2817.50 and earned 15 per cent profit on the cost price. What was the cost price of the article ? ?->(Show Answer!)

1. Mohan purchased an article and sold it for Rs 2817.50 and earned 15 per cent profit on the cost price. What was the cost price of the article ?

Write Comment

Comments

By: anil on 05 May 2019 01.26 am

Let the cost price of the article be C.
As the profit percentage is 15%, the selling price equals 1.15C 1.15C = 2817.50
Hence, C = 2450 So, the cost price of the article is Rs. 2450

Tags

Show Similar Question And Answers

QA->A farmer has 50 kg wheat in hand, part of which he sells at 8% profit and the rest at 18% profit. He gains 14% altogether. What is the quantity of wheat sold by him at 18% profit?....

QA->An article is sold at Rs.4,If it is sold at a loss of 5%. What was the cost price?....

QA->Which country recently decided to move ahead with its proposal to hike foreign investment ceiling in the insurance sector to 49 per cent from the present 26 per cent.?....

QA->Ram sends 50 table fans to Rahim costing Rs300 per table fan, to be sold at 20% above cost price. Sales will be ………….....

QA->As per the section 33 of the Co-operative Societies Act, 1912 the first 25% of the net profit earned during any year should be transferred to?....

MCQ-> Study the following information carefully and answer the question given below: Following are the conditions for selecting Senior Manager-General Banking in a bank: The candidate must (i) have secured at least 60 per cent marks in std XII. (ii)have secured at least 55 per cent marks in Graduation in any discipline (iii)have secured at least 60 per cent marks in Postgraduate degree/diploma in Management/Economics/statistics (iv)be at least 25 years and not more than 35 years as on 01-03-2010 (v)have post qualification work experience of at least 2 years as General Banking Officer in a bank (vi)have secured at least 40 per cent marks in the Personal interview In the case of a candidate who satisfies all the above conditions except (a)at (iii)above but has secured at least 60 per cent marks in CA or ICWA the case is to be referred to VP-Recruitment (b)at (vi)above but has secured at least 65 per cent marks in the written examination and at least 35 per cent marks in the personal interview the case is to be referred to president-Recruitment In each question below are given details of the one candidate You have to take one of the following course of action based on the information provided and the conditions and sub conditions given above and mark the number of that course of action as your answer You are not to assume anything other than the information provided in each question All these are given to you as on 01-03-2010Kesav Vora was born on 8th November 1978.He has secured 65 per cent marks in std XII and 60 per cent marks in Graduation He has secured 58 per cent marks in MA Economics and 60 per cent in ICWA He has been working in a bank as a generalist officer for the past two years after completing his education he has also secured 50 per cent marks in the written examination and 45 per cent marks in the personal interview
....

MCQ-> Answer questions on the basis of information given in the following case. Mohan’s was a popular fast - food joint at Connaught Place, Delhi. Initially Mohan handled his business alone. His sons, Ram and Kishan, joined the business after graduation from college. Ram was entrepreneurial in nature. Subsequently, another branch of Mohan’s was opened in Panipat. Mohan had chosen Ram to head the Panipat branch. Though Ram increased sales in short time, he had stopped using premium quality organic vegetables, the speciality of Mohan’s. Mohan and Kishan were not happy with his way of doing business. Now, the foremost challenge for Mohan was to sort out this issue with Ram. Mohan knew that replacing Ram with Kishan was difficult as Kishan did not want to leave Delhi. However, giving a freehand to Ram might have long term negative consequences. Mohan was confused about the future of course of actions.Mohan sought the help of five consultants, who give the following opinions: I. Organic vegetables might be a big success at Connaught place but awareness about organic vegetables is low among Panipat customers. II. The Connaught place model can be implemented in Panipat provided the business is prepared to face the consequences. III. Many high end restaurants in Panipat use organic vegetables. So, using organic vegetables will not be a differentiating factor. IV. Selling prices of their dishes in Panipat are significantly lower. Using organic vegetables will bring down profits. V. Premium quality org anic vegetables are not easily available in Panipat. Which of the following set of options would support Ram’s argument of not using organic vegetables?....

MCQ->Mohan purchased an article and sold it for Rs 2817.50 and earned 15 per cent profit on the cost price. What was the cost price of the article ?....

MCQ-> Study the following information carefully and answer the questions given below : Following are the criteria for short listing candidates for calling for interview for Management Trainees in an organization : The candidates must- (i) not be less than 21 years and more than 28 years as on 1.11.04. (ii) have secured at least 60 per cent marks in graduation. (iii) have secured at least 65 per cent marks in the preliminary selection examination. (iv) have secured at least 55 per cent marks in the final selection examination. (v) be ready to join work immediately after the interview. In the case of a candidate who fulfills all other criteria EXCEPT- (A) at (iv) above but has secured more than 75 per cent marks in preliminary selection examination his/her case is to be referred to Deputy General Manager. (B) at (ii) above but has secured at least 65 per cent marks in post graduation, his/her case is to be referred to General Manager. In each of the questions below is given the information of one candidate. You have to study the information provided with reference to the conditions given above and decide whether the candidate is to be called for interview or some other course of action as stated below is to be taken. You are not to assume other than the information provided in each question. All these cases are given to you as on 1.11.2004. Now read the information provided in each question and decide which of the following courses of actions is to be taken with regard to each candidate and mark your answer.Mark answer a: if the candidate is to be called for interview. Mark answer b: if the case is to be referred to General Manager. Mark answer c: if the candidate is not to be called for interview. Mark answer d: if the data provided are not sufficient to take a decision. Mark answer e: if the case is to be referred to Deputy General Manager.Neelam Srivastava has secured 75 per cent marks in the preliminary selection examination. She was 22 years old as on 5th December, 2000. She has secured 65 per cent and 60 per cent marks in the Final selection examination and in graduation respectively. She is ready to join immediately after the interview.
....

MCQ-> Study the following information carefully and answer the question given below: Following are the conditions for selecting Senior Manager Credit in a bank The candidate must (i) be a graduate in any discipline with at least 60 per cent marks (ii) have post-qualification work experience of at least ten years in the Advances Section of a bank. (iii) be at least 30 years and not more than 40 years as on 1.4.2010 (iv) have secured at least 40 per cent marks in the Group Discussion (v) have secured at least 50 per cent marks in the Interview In the case of a candidate who satisfies all the conditions EXCEPT (A) at (i) above but has secured at least 50 per cent marks in graduation and at least 60 per cent marks in post- graduation in any discipline the case is to be referred to the General Manager Advances (B) at (ii) above but has total post qualification work experience of at least seven years out of which at least three years as Manager Credit in a bank the case is to be referred to the Executive Director In each question below details of one candidate are given you have to take one of the following courses of action based on the information provided and the conditions and sub conditions given above and mark the number of that course of action as your answer You are not to assume anything other than the information provided in each question All these cases are given to you as on 01-04-2010Shobha Gupta has secured 50 per cent marks in the Interview and 40 per cent marks in the Group Discussion She has been working for the past eight years out of which four years as Manager Credit in a bank after completing her BA degree with 60 per cent marks She was born on 12th September 1978
....