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Selling price of a glass is Rs. 1965 and loss percentage is 25%. If selling price is Rs. 3013, then what will be the profit percentage?
- a)13
- b)10.4
- c)15
- d)20
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
Selling price of a glass is Rs. 1965 and loss percentage is 25%. If se...
∵ Selling price = Cost price – loss
⇒ 1965 = CP – 25% of CP
⇒ 1965 = CP – 1/4 × CP
⇒ 1965 = 3/4 × CP
⇒ CP = 1965 × 4/3 = Rs. 2620
Now, when selling price = Rs. 3013
Profit = 3013 – 2620 = Rs. 393
∴ Profit percentage = 393/2620 × 100 = 15%
⇒ 1965 = CP – 25% of CP
⇒ 1965 = CP – 1/4 × CP
⇒ 1965 = 3/4 × CP
⇒ CP = 1965 × 4/3 = Rs. 2620
Now, when selling price = Rs. 3013
Profit = 3013 – 2620 = Rs. 393
∴ Profit percentage = 393/2620 × 100 = 15%
Most Upvoted Answer
Selling price of a glass is Rs. 1965 and loss percentage is 25%. If se...
Given information:
- Selling price of a glass = Rs. 1965
- Loss percentage = 25%
To find: Profit percentage when the selling price is Rs. 3013
Let's solve this problem step-by-step:
Step 1: Finding the cost price (CP)
We know that the selling price (SP) is equal to the cost price (CP) plus the profit (P) or minus the loss (L).
SP = CP + P (in case of profit)
SP = CP - L (in case of loss)
In this case, the selling price (SP) is given as Rs. 1965 and the loss percentage is 25%.
Loss percentage = (Loss / CP) * 100
25 = (Loss / CP) * 100
Loss = (25/100) * CP
Loss = 0.25CP
SP = CP - Loss
1965 = CP - 0.25CP
1965 = 0.75CP
CP = 1965 / 0.75
CP = 2620
Therefore, the cost price (CP) of the glass is Rs. 2620.
Step 2: Calculating the profit percentage
Now, the selling price (SP) is given as Rs. 3013.
Profit = SP - CP
Profit = 3013 - 2620
Profit = 393
Profit percentage = (Profit / CP) * 100
Profit percentage = (393 / 2620) * 100
Profit percentage ≈ 15%
Therefore, the profit percentage is approximately 15%.
Hence, the correct answer is option 'c) 15'.
- Selling price of a glass = Rs. 1965
- Loss percentage = 25%
To find: Profit percentage when the selling price is Rs. 3013
Let's solve this problem step-by-step:
Step 1: Finding the cost price (CP)
We know that the selling price (SP) is equal to the cost price (CP) plus the profit (P) or minus the loss (L).
SP = CP + P (in case of profit)
SP = CP - L (in case of loss)
In this case, the selling price (SP) is given as Rs. 1965 and the loss percentage is 25%.
Loss percentage = (Loss / CP) * 100
25 = (Loss / CP) * 100
Loss = (25/100) * CP
Loss = 0.25CP
SP = CP - Loss
1965 = CP - 0.25CP
1965 = 0.75CP
CP = 1965 / 0.75
CP = 2620
Therefore, the cost price (CP) of the glass is Rs. 2620.
Step 2: Calculating the profit percentage
Now, the selling price (SP) is given as Rs. 3013.
Profit = SP - CP
Profit = 3013 - 2620
Profit = 393
Profit percentage = (Profit / CP) * 100
Profit percentage = (393 / 2620) * 100
Profit percentage ≈ 15%
Therefore, the profit percentage is approximately 15%.
Hence, the correct answer is option 'c) 15'.
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Selling price of a glass is Rs. 1965 and loss percentage is 25%. If selling price is Rs. 3013, then what will be the profit percentage?a)13b)10.4c)15d)20Correct answer is option 'C'. Can you explain this answer?
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Selling price of a glass is Rs. 1965 and loss percentage is 25%. If selling price is Rs. 3013, then what will be the profit percentage?a)13b)10.4c)15d)20Correct answer is option 'C'. Can you explain this answer? for SSC 2024 is part of SSC preparation. The Question and answers have been prepared according to the SSC exam syllabus. Information about Selling price of a glass is Rs. 1965 and loss percentage is 25%. If selling price is Rs. 3013, then what will be the profit percentage?a)13b)10.4c)15d)20Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for SSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Selling price of a glass is Rs. 1965 and loss percentage is 25%. If selling price is Rs. 3013, then what will be the profit percentage?a)13b)10.4c)15d)20Correct answer is option 'C'. Can you explain this answer?.
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