Question

Dealer Comes from Mathura to Delhi to Buy an Article which Costs 12% Less in Delhi Date in Mathura. His expenses are ₹240 and he makes a profit of ₹ 300 on selling the article in mathura. why dis the article cost in mathura ? what is his profit percent ?​

Answer 1

Answer

Let the article cost in Mathura is Rs. x.

So, the cost of the article in Delhi is 12% less i.e. x(1 - \frac{12}{100}) = 0.88x.

Now, given that 0.88x = 240

⇒ x = 272.73 Rs. (Answer)

Now, the dealer sells the article in Mathura at 300 Rs. profit.

So, the selling price in Mathura is (272.73 + 300) = 572.73 Rs.

Hence, the profit percentage of the dealer is \fraction{572.73 - 240}{240}\times 100 \% = 138.64\