Question

1. Answer the following questions on the basis of the data given below:
Ankit has purchased a blackberry from Kittu for Rs.24000.
a) If he sells it to Tina for Rs.27000 then what percentage profit will he earn?
b) If he sells it to Tania at 10% loss, what is the cost price for Tania?
c) If Kittu earlier purchased it for Rs.20000 what percentage profit did she earn?
of If Kittu incurred a loss of 20% in the deal, at what price had Kittu purchased it?
e) 1* If Ankit wants to sell it making a profit of one-fifths of the selling price, at what price
should he sell it?​

Answer 1

Answer:

Step-by-step explanation:

Ankit cost price(cp)= 24000

Ankit selling price(sp)= 27000

%profit= gain/cp × 100%= 3000÷24000 × 100= 12.5%

Loss% in selling to Tania= 10%

Ankit sp= [(100-loss%)/100]× cp= [(100-10)/100] × 24000= 21600

Ankit selling price is Tania cost price, so= 21600

KIttu cp= 20000

kitty sp= 24000

Kittu profit%= 4000/ 20000 × 100= 20%

Kittu lost%= 20%

Kittu sp= 24000

Kittu cp= {100 /(100 - loss %)} × SP= {100/80}× 24000= 30000

Ankit price of selling it with one fifth of the profit= {24000×1/5} + cp= 4800+24000= 28800

Hope it has answered your question.

Answer 2

Answer:

5. p= 1/5 sp

sp-cp=1/5sp

4/5SP=CP

sp/cp=5/4

if 4 parts is equal to 24k

5 parts will be equal to 30K

hence 30000