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Rama kant dealing in bedsheets allows 4% discount on the marked price. What price must be marked on a bedsheet that cost Rs. 480 so as to make a profit of 10%? a)Rs.520 b)Rs. 550 c)Rs. 620 d)Rs. 650 Correct answer is option 'B'. Can you explain this answer? ?
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Rama kant dealing in bedsheets allows 4% discount on the marked price....
Given:
Cost price of bedsheet = Rs. 480
Discount allowed by Rama Kant on the marked price = 4%
Profit required = 10%
To find:
Marked price of the bedsheet
Solution:
Let the marked price be x.
1. Calculation of Selling Price:
After allowing a discount of 4% on the marked price, the selling price of the bedsheet will be:
Selling price = Marked price - Discount
Selling price = x - 0.04x
Selling price = 0.96x
2. Calculation of Profit:
Profit is the difference between the selling price and the cost price.
Profit = Selling price - Cost price
Profit = 0.96x - 480
3. Calculation of Marked Price:
Given, profit required = 10%
Profit = 10% of Cost price
Profit = 0.1 * 480
Profit = 48
Therefore, 0.96x - 480 = 48
0.96x = 528
x = 550
Hence, the marked price of the bedsheet should be Rs. 550 to make a profit of 10%.
Cost price of bedsheet = Rs. 480
Discount allowed by Rama Kant on the marked price = 4%
Profit required = 10%
To find:
Marked price of the bedsheet
Solution:
Let the marked price be x.
1. Calculation of Selling Price:
After allowing a discount of 4% on the marked price, the selling price of the bedsheet will be:
Selling price = Marked price - Discount
Selling price = x - 0.04x
Selling price = 0.96x
2. Calculation of Profit:
Profit is the difference between the selling price and the cost price.
Profit = Selling price - Cost price
Profit = 0.96x - 480
3. Calculation of Marked Price:
Given, profit required = 10%
Profit = 10% of Cost price
Profit = 0.1 * 480
Profit = 48
Therefore, 0.96x - 480 = 48
0.96x = 528
x = 550
Hence, the marked price of the bedsheet should be Rs. 550 to make a profit of 10%.
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Rama kant dealing in bedsheets allows 4% discount on the marked price. What price must be marked on a bedsheet that cost Rs. 480 so as to make a profit of 10%? a)Rs.520 b)Rs. 550 c)Rs. 620 d)Rs. 650 Correct answer is option 'B'. Can you explain this answer? ?
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Rama kant dealing in bedsheets allows 4% discount on the marked price. What price must be marked on a bedsheet that cost Rs. 480 so as to make a profit of 10%? a)Rs.520 b)Rs. 550 c)Rs. 620 d)Rs. 650 Correct answer is option 'B'. Can you explain this answer? ? for Class 6 2024 is part of Class 6 preparation. The Question and answers have been prepared according to the Class 6 exam syllabus. Information about Rama kant dealing in bedsheets allows 4% discount on the marked price. What price must be marked on a bedsheet that cost Rs. 480 so as to make a profit of 10%? a)Rs.520 b)Rs. 550 c)Rs. 620 d)Rs. 650 Correct answer is option 'B'. Can you explain this answer? ? covers all topics & solutions for Class 6 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Rama kant dealing in bedsheets allows 4% discount on the marked price. What price must be marked on a bedsheet that cost Rs. 480 so as to make a profit of 10%? a)Rs.520 b)Rs. 550 c)Rs. 620 d)Rs. 650 Correct answer is option 'B'. Can you explain this answer? ?.
Rama kant dealing in bedsheets allows 4% discount on the marked price. What price must be marked on a bedsheet that cost Rs. 480 so as to make a profit of 10%? a)Rs.520 b)Rs. 550 c)Rs. 620 d)Rs. 650 Correct answer is option 'B'. Can you explain this answer? ? for Class 6 2024 is part of Class 6 preparation. The Question and answers have been prepared according to the Class 6 exam syllabus. Information about Rama kant dealing in bedsheets allows 4% discount on the marked price. What price must be marked on a bedsheet that cost Rs. 480 so as to make a profit of 10%? a)Rs.520 b)Rs. 550 c)Rs. 620 d)Rs. 650 Correct answer is option 'B'. Can you explain this answer? ? covers all topics & solutions for Class 6 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Rama kant dealing in bedsheets allows 4% discount on the marked price. What price must be marked on a bedsheet that cost Rs. 480 so as to make a profit of 10%? a)Rs.520 b)Rs. 550 c)Rs. 620 d)Rs. 650 Correct answer is option 'B'. Can you explain this answer? ?.
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Rama kant dealing in bedsheets allows 4% discount on the marked price. What price must be marked on a bedsheet that cost Rs. 480 so as to make a profit of 10%? a)Rs.520 b)Rs. 550 c)Rs. 620 d)Rs. 650 Correct answer is option 'B'. Can you explain this answer? ?, a detailed solution for Rama kant dealing in bedsheets allows 4% discount on the marked price. What price must be marked on a bedsheet that cost Rs. 480 so as to make a profit of 10%? a)Rs.520 b)Rs. 550 c)Rs. 620 d)Rs. 650 Correct answer is option 'B'. Can you explain this answer? ? has been provided alongside types of Rama kant dealing in bedsheets allows 4% discount on the marked price. What price must be marked on a bedsheet that cost Rs. 480 so as to make a profit of 10%? a)Rs.520 b)Rs. 550 c)Rs. 620 d)Rs. 650 Correct answer is option 'B'. Can you explain this answer? ? theory, EduRev gives you an
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