1. An article was sold ford 96. If percentage of profit was numerically equal to the cost price, the cost price of the article is





Write Comment

Type in
(Press Ctrl+g to toggle between English and the chosen language)

Comments

  • By: anil on 05 May 2019 01.51 am
    Let the cost price = Rs. $$x$$ => Profit % = $$x$$% Acc to ques : => $$x + frac{x}{100} * x = 96$$ => $$x^2 + 100x - 9600 = 0$$ => $$x^2 + 160x - 60x - 9600 = 0$$ => $$x (x + 160) - 60 (x + 160) = 0$$ => $$(x + 160) (x - 60) = 0$$ => $$x = -160 , 60$$ Since, cost price cannot be negative => Cost price = Rs. 60
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->A cube has numerically equal volume and surface area. The volume of such a cube is :....
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 Co-operative societies rule ‘Net profit’ means net profit as certified by :....
MCQ->An article was sold ford 96. If percentage of profit was numerically equal to the cost price, the cost price of the article is....
MCQ->Cost price of article A is 100/more than cost price of article B. Article A was sold at 40% profit and article B was sold at 40% loss. If the overall profit earned after selling both the articles is 5%, what is the cost price of article B ?....
MCQ->Arrange the sentences A, B, C and D in a proper sequence so as to make a coherent paragraph.A. Almost a century ago, when the father of the modern automobile industry, Henry Ford, sold the first Model T car, he decided that only the best would do for his customers.B. Today, it is committed to delivering the finest quality with over six million vehicles a year in over 200 countries across the world.C. And for over 90 years, this philosophy has endured in the Ford Motor Company.D. Thus, a vehicle is ready for the customer only if it passes the Ford 'Zero Defect Programme'.....
MCQ-> Two traders, Chetan and Michael, were involved in the buying and selling Of MCS shares over five trading days. At the beginning of the first day, the MCS share was priced at Rs 100, while at the end of the fifth day it was priced at Rs 110. At the end of each day, the MCS share price either went up by Rs 10, or else, it came down by Rs 10. Both Chetan and Michael took buying and selling decisions at the end of each trading day. The beginning price of MCS share on a given day was the same as the ending price of the previous day. Chetan and Michael started with the same number of shares and amount of cash, and had enough of both. Below are some additional facts about how Chetan and Michael traded over the five trading days.• Each day if the price went up, Chetan sold 10 shares of MCS at the closing price. On the other hand, each day if the price went down, he bought 10 shares at the closing price.• If on any day, the closing price was above Rs 110, then Michael sold 10 shares of MCS, while if it was below Rs 90, he bought 10 shares, all at the closing price.If Chetan sold 10 shares of MCS on three consecutive days, while Michael sold 10 shares only once during the five days, what was the price of MCS at the end of day 3?
 ....
MCQ-> Abdul has 8 factories, with different capacities, producing boutique kurtas. In the production process, he incurs raw material cost, selling cost (for packaging and transportation) and labour cost. These costs per kurta vary across factories. In all these factories, a worker takes 2 hours to produce a kurta. Profit per kurta is calculated by deducting raw material cost, selling cost and labour cost from the selling price (Profit = selling price - raw materials cost - selling cost - labour cost). Any other cost can be ignored. Which of the following options is in decreasing order of raw materials cost?
 ....
Terms And Service:We do not guarantee the accuracy of available data ..We Provide Information On Public Data.. Please consult an expert before using this data for commercial or personal use
DMCA.com Protection Status Powered By:Omega Web Solutions
© 2002-2017 Omega Education PVT LTD...Privacy | Terms And Conditions