Defence Exam > Defence Questions > What percentage of profit should be added in ...
Start Learning for Free
What percentage of profit should be added in the cost price of an item so as to gain a profit of 33% after allowing 5% discount to the customer?
- a)45
- b)40
- c)52
- d)48
Correct answer is option 'B'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Verified Answer
What percentage of profit should be added in the cost price of an item...
Let the C.P = Rs100
The, S.P = Rs. 133
Let the marked price Rs. x
Then, 95% of x = 133
x = 133 100/95 = 140
Marked price = 40% above C.P.
x = 133 100/95 = 140
Marked price = 40% above C.P.
Most Upvoted Answer
What percentage of profit should be added in the cost price of an item...
Calculation of Profit Percentage
To solve the problem, we need to find out the profit percentage after allowing a discount of 5%. The following steps can be used to calculate the profit percentage:
Step 1: Let the cost price of the item be x.
Step 2: Let the profit percentage to be added in the cost price be y.
Step 3: We need to calculate the selling price after allowing a discount of 5%. Let the selling price be z.
Step 4: We can calculate the selling price after allowing a discount of 5% as follows:
z = x + y + 5% of (x + y)
z = x + y + 0.05(x + y)
z = 1.05x + 1.05y
Step 5: We need to calculate the profit percentage as follows:
Profit percentage = (Selling price - Cost price) / Cost price × 100%
33% = (z - x) / x × 100%
33% = (1.05x + 1.05y - x) / x × 100%
33% = 0.05y / x × 100%
y = (33/5)x
y = 6.6x
Calculation of the Answer
To find out the percentage of profit that should be added in the cost price of an item so as to gain a profit of 33% after allowing a 5% discount to the customer, we need to substitute the value of y in the equation y = 6.6x and simplify it as follows:
y = 6.6x
y = 6.6x + 5% of (6.6x)
y = 1.33x
Therefore, the percentage of profit that should be added in the cost price of an item is 33%.
Answer: (B) 40
To solve the problem, we need to find out the profit percentage after allowing a discount of 5%. The following steps can be used to calculate the profit percentage:
Step 1: Let the cost price of the item be x.
Step 2: Let the profit percentage to be added in the cost price be y.
Step 3: We need to calculate the selling price after allowing a discount of 5%. Let the selling price be z.
Step 4: We can calculate the selling price after allowing a discount of 5% as follows:
z = x + y + 5% of (x + y)
z = x + y + 0.05(x + y)
z = 1.05x + 1.05y
Step 5: We need to calculate the profit percentage as follows:
Profit percentage = (Selling price - Cost price) / Cost price × 100%
33% = (z - x) / x × 100%
33% = (1.05x + 1.05y - x) / x × 100%
33% = 0.05y / x × 100%
y = (33/5)x
y = 6.6x
Calculation of the Answer
To find out the percentage of profit that should be added in the cost price of an item so as to gain a profit of 33% after allowing a 5% discount to the customer, we need to substitute the value of y in the equation y = 6.6x and simplify it as follows:
y = 6.6x
y = 6.6x + 5% of (6.6x)
y = 1.33x
Therefore, the percentage of profit that should be added in the cost price of an item is 33%.
Answer: (B) 40
Free Test
FREE
| Start Free Test |
Community Answer
What percentage of profit should be added in the cost price of an item...
B
|
Explore Courses for Defence exam
|
|
Similar Defence Doubts
What percentage of profit should be added in the cost price of an item so as to gain a profit of 33% after allowing 5% discount to the customer?a)45b)40c)52d)48Correct answer is option 'B'. Can you explain this answer?
Question Description
What percentage of profit should be added in the cost price of an item so as to gain a profit of 33% after allowing 5% discount to the customer?a)45b)40c)52d)48Correct answer is option 'B'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about What percentage of profit should be added in the cost price of an item so as to gain a profit of 33% after allowing 5% discount to the customer?a)45b)40c)52d)48Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What percentage of profit should be added in the cost price of an item so as to gain a profit of 33% after allowing 5% discount to the customer?a)45b)40c)52d)48Correct answer is option 'B'. Can you explain this answer?.
What percentage of profit should be added in the cost price of an item so as to gain a profit of 33% after allowing 5% discount to the customer?a)45b)40c)52d)48Correct answer is option 'B'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about What percentage of profit should be added in the cost price of an item so as to gain a profit of 33% after allowing 5% discount to the customer?a)45b)40c)52d)48Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What percentage of profit should be added in the cost price of an item so as to gain a profit of 33% after allowing 5% discount to the customer?a)45b)40c)52d)48Correct answer is option 'B'. Can you explain this answer?.
Solutions for What percentage of profit should be added in the cost price of an item so as to gain a profit of 33% after allowing 5% discount to the customer?a)45b)40c)52d)48Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Defence.
Download more important topics, notes, lectures and mock test series for Defence Exam by signing up for free.
Here you can find the meaning of What percentage of profit should be added in the cost price of an item so as to gain a profit of 33% after allowing 5% discount to the customer?a)45b)40c)52d)48Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
What percentage of profit should be added in the cost price of an item so as to gain a profit of 33% after allowing 5% discount to the customer?a)45b)40c)52d)48Correct answer is option 'B'. Can you explain this answer?, a detailed solution for What percentage of profit should be added in the cost price of an item so as to gain a profit of 33% after allowing 5% discount to the customer?a)45b)40c)52d)48Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of What percentage of profit should be added in the cost price of an item so as to gain a profit of 33% after allowing 5% discount to the customer?a)45b)40c)52d)48Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice What percentage of profit should be added in the cost price of an item so as to gain a profit of 33% after allowing 5% discount to the customer?a)45b)40c)52d)48Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice Defence tests.
|
|
Explore Courses for Defence exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup