A bookseller sold a book for Rs. 40.00 to make a profit of 15% percent. In order to earn a profit of 20%, he should have sold it for?
Answer: 41.74
Explanation
Selling price (SP) = Rs. 40.00
Profit percentage = 15%
Cost price (CP) = SP / (1 + 15/100)
= 40 / 1.15
= Rs. 34.78
To earn a 20% profit:
New selling price (SP) = CP * (1 + 20/100)
= 34.78 * 1.20
= Rs. 41.74
The correct answer is 41.74.
This question appeared in
Past Papers (5 times)
Junior Clerk Past Papers (1 times)
PPSC 5 Years Past Papers Subject Wise (Solved with Details) (2 times)
PPSC Junior Clerk Past Papers and Syllabus (1 times)
PPSC Past Papers (1 times)
This question appeared in
Subjects (1 times)
MATHS MCQS (1 times)
Related MCQs
- A bookseller sold a book for Rs.60 to make a profit of 20%. In order to earn a profit of 10%, he should have sold it for ________?
- If a car is sold for Rs..50000 the profit is 17 percent, what would be profit percentage if sold for Rs. 47000?
- A person sold a stove for Rs 470 and incurred a loss of 6%. The price would it be sold so as to earn a profit of 8%?
- A fruit seller sells mangoes at the rate of Rs. 9 per Kg and thereby loses 20 percent. At what makes the price per Kg. He should have sold them to make a profit of 5 percent?
- A shopkeeper bought a book for RS. 560 and sold it for RS. 600. Find his profit percent?
- When an electric iron is sold for Rs 2500, the profit is 22%. What will be profit, when it is sold for Rs 2800?
- A shopkeeper sold an article for Rs 540 at some profit .Had he sold it for Rs 470, then there would have a loss equal to one-sixth of the initial profit.what was the cost price (in Rs) of the article?
- A motorbike is sold for Rs. 60,000 and the profit was 18 %, what would be the percentage profit if the vehicle was sold for Rs. 55,000?
- A merchant has 1000 kg of sugar, part of which he sells at 8% profit and the rest at 18% profit. He gains 14% on the whole. The quantity sold at 18% profit is ______?
- A shopkeeper bought a crate of cold drinks in Rs. 950 and sold it for Rs. 1100. What is the profit percent?