Question

A dealer bought cutlery goods for 800 from another city and paid 4% as octroi duty and
R 18 as transportation charges. At what price must he sell the goods to earn a profit of 10%?​

Answer 1

$\sf\large\underline{Given:}$

• $\sf{The\:cost\: price\:of\: goods=Rs.800}$
• $\sf{Paid\:for\: octroi\:duty=4\%}$
• $\sf{Transportation\: charges=Rs.18}$

$\sf\large\underline{To\: Find:}$

• $\sf{The\: selling\: price\:of\:goods}$

$\sf\large\underline{Solution:}$

$\sf{\implies Calculate\:new\:cost\: price:}$

$\rm{\implies New\:cost\: price=\dfrac{104}{100}*800+18}$

$\rm{\implies New\:cost\:price=832+18}$

$\rm\purple{\implies New\:cost\:price=Rs.850}$

• $\sf{Calculate\: selling\: price\:here}$

$\rm{\implies We\: have\:here}$

• $\sf{The\:cost\: price=Rs.850}$
• $\sf{The\: profit=10\%}$

$\sf\large\underline{Formula\:used:}$

$\rm{\implies SP=\dfrac{100+G\%}{100}*CP}$

$\rm{\implies SP=\dfrac{100+10}{100}*850}$

$\rm{\implies SP=\dfrac{110}{100}*850}$

$\rm{\implies SP=11*85}$

$\rm\purple{\implies SP=Rs.935}$

Hence,

• The dealer should sell the goods for Rs.935 to earn a profit of 10%

Answer 2

Question

A dealer bought cutlery goods for 800 from another city and paid 4% as octroi duty and

R 18 as transportation charges. At what price must he sell the goods to earn a profit of 10%?

Solution:

After solving we get

The cost price of goods=Rs850

Now find selling price of goods

=>sp=110/100×850

=>sp=11×85

=>sp=935

Therefore, the delear should sell the goods for 935 rupes