Question
A shopkeeper sells an item for $? 60$ at a profit of $20 \%$. At what price (in ?) should he sell it to gain $30 \%$ ?(A) 63(B) 65(C) 68(D) 70
Step 1
According to the problem, the shopkeeper sells the item at a profit of $20 \%$, which means the selling price is $1.2X$. We know that this selling price is $60$. So, we can write the equation as: \[1.2X = 60\] Show more…
Show all steps
Your feedback will help us improve your experience
Vishal Gupta and 89 other educators are ready to help you.
Ask a new question
Labs
Want to see this concept in action?
Explore this concept interactively to see how it behaves as you change inputs.
Key Concepts
Recommended Videos
A shopkeeper sells an article for Rs. 60 at a profit of 20%. At what price should he sell it to gain 30%? Rs. 53 Rs. 65 Rs. 68 Rs. 70
If the discount and profit percentage are both $20 \%$ by what percent is the marked price above the cost price? (A) $40 \%$ (B) $50 \%$ (C) $60 \%$ (D) $70 \%$
Quantitative Aptitude
Percentage, Profit and Loss
A company manufactures a product for $? 50$. It sold it to a dealer for $? 60$. The dealer sold it to a shopkeeper for $? 75$. The shopkeeper sold it to a customer for $? 100$. Find the profit percentage of the company. (A) $16 \frac{2}{3} \%$ (B) $25 \%$ (C) $20 \%$ (D) $33 \frac{1}{3} \%$
Transcript
Watch the video solution with this free unlock.
EMAIL
PASSWORD