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The profit earned on selling two articles is Rs. 69 less than profit earned on selling three articles. If 15% profit is earned on selling one article, then find the selling price of the three article.?
Most Upvoted Answer
The profit earned on selling two articles is Rs. 69 less than profit e...
Given:
- Profit earned on selling two articles is Rs. 69 less than profit earned on selling three articles.
- 15% profit is earned on selling one article.
To find:
- The selling price of the three articles.
Assumption:
- Let the cost price of one article be Rs. x.
Explanation:
Let's assume the cost price of one article is Rs. x.
So, the selling price of one article will be (x + 15% of x) = 1.15x.
The profit earned on selling one article will be (selling price - cost price) = (1.15x - x) = 0.15x.
Now, the profit earned on selling two articles will be 2 * 0.15x = 0.30x.
And the profit earned on selling three articles will be 3 * 0.15x = 0.45x.
Given that the profit earned on selling two articles is Rs. 69 less than the profit earned on selling three articles, we can write the equation as:
0.45x - 0.30x = 69.
Simplifying the equation:
0.15x = 69,
x = 69 / 0.15,
x = 460.
So, the cost price of one article is Rs. 460.
Calculating the selling price of three articles:
The selling price of three articles will be (cost price of one article * 3) = (460 * 3) = Rs. 1380.
Conclusion:
The selling price of the three articles is Rs. 1380.
- Profit earned on selling two articles is Rs. 69 less than profit earned on selling three articles.
- 15% profit is earned on selling one article.
To find:
- The selling price of the three articles.
Assumption:
- Let the cost price of one article be Rs. x.
Explanation:
Let's assume the cost price of one article is Rs. x.
So, the selling price of one article will be (x + 15% of x) = 1.15x.
The profit earned on selling one article will be (selling price - cost price) = (1.15x - x) = 0.15x.
Now, the profit earned on selling two articles will be 2 * 0.15x = 0.30x.
And the profit earned on selling three articles will be 3 * 0.15x = 0.45x.
Given that the profit earned on selling two articles is Rs. 69 less than the profit earned on selling three articles, we can write the equation as:
0.45x - 0.30x = 69.
Simplifying the equation:
0.15x = 69,
x = 69 / 0.15,
x = 460.
So, the cost price of one article is Rs. 460.
Calculating the selling price of three articles:
The selling price of three articles will be (cost price of one article * 3) = (460 * 3) = Rs. 1380.
Conclusion:
The selling price of the three articles is Rs. 1380.
Community Answer
The profit earned on selling two articles is Rs. 69 less than profit e...
Selling price is 69×3=207
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The profit earned on selling two articles is Rs. 69 less than profit earned on selling three articles. If 15% profit is earned on selling one article, then find the selling price of the three article.?
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The profit earned on selling two articles is Rs. 69 less than profit earned on selling three articles. If 15% profit is earned on selling one article, then find the selling price of the three article.? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about The profit earned on selling two articles is Rs. 69 less than profit earned on selling three articles. If 15% profit is earned on selling one article, then find the selling price of the three article.? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The profit earned on selling two articles is Rs. 69 less than profit earned on selling three articles. If 15% profit is earned on selling one article, then find the selling price of the three article.?.
The profit earned on selling two articles is Rs. 69 less than profit earned on selling three articles. If 15% profit is earned on selling one article, then find the selling price of the three article.? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about The profit earned on selling two articles is Rs. 69 less than profit earned on selling three articles. If 15% profit is earned on selling one article, then find the selling price of the three article.? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The profit earned on selling two articles is Rs. 69 less than profit earned on selling three articles. If 15% profit is earned on selling one article, then find the selling price of the three article.?.
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