The ratio of the earning of Ravi to Nikhil is 4:5. If Ravi rarns ₹ 9000 per month, find the earning of Nikhil.
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Earning of Ravi = x
Earning of Nikhil = y
According to question
x / y = 4 / 5
x = 4y / 5
Also given that x = ₹9000
Therefore
₹9000 = 4y / 5
y = (₹9000 × 5) / 4
y = ₹11250
Earning of Nikhil is ₹11250 per month
Earning of Nikhil = y
According to question
x / y = 4 / 5
x = 4y / 5
Also given that x = ₹9000
Therefore
₹9000 = 4y / 5
y = (₹9000 × 5) / 4
y = ₹11250
Earning of Nikhil is ₹11250 per month
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Profit & Loss
Q. 1. What profit/loss percent did Ravi earn if he purchased an item of Rs.5,600 and sold it at three-fourth of its cost price?
(a) Loss of 20 percent
(b) Gain of 25 percent
(c) Neither gain or loss
(d) Loss of 15 percent
(e) None of these
Ans: (e) None of these
Explanation: Q.1.
C.P. = Rs.5600
S.P. = Rs.5600x ¾ = Rs.4200
Loss = Rs.5600-4200 = Rs.1400
Loss percentage = 1400x100/5600 = 25%.Ans.
Q.2. The owner of a cell phone shop charges his customer 23% more than the cost price. If a customer paid Rs.7,011 for a cell phone, then what was the cost price of the cell phone?
(a) Rs.5,845
(b) Rs.6,750
(c) Rs.5,900
(d) Rs.6,925
(e) None of these
Ans: (e) None of these
Explanation: Q.2.
123% of CP =SP
Therefore, CP = Rs.7,011x100/123 = Rs.5700. Ans.
Q.3. The cost price of 16 articles is the same as the selling price of 12 articles. Find the loss/profit percentages.
(a) 30% (b) 32.50% (c) 331/3% (d) 40% (e)None of these
Q. 1. What profit/loss percent did Ravi earn if he purchased an item of Rs.5,600 and sold it at three-fourth of its cost price?
(a) Loss of 20 percent
(b) Gain of 25 percent
(c) Neither gain or loss
(d) Loss of 15 percent
(e) None of these
Ans: (e) None of these
Explanation: Q.1.
C.P. = Rs.5600
S.P. = Rs.5600x ¾ = Rs.4200
Loss = Rs.5600-4200 = Rs.1400
Loss percentage = 1400x100/5600 = 25%.Ans.
Q.2. The owner of a cell phone shop charges his customer 23% more than the cost price. If a customer paid Rs.7,011 for a cell phone, then what was the cost price of the cell phone?
(a) Rs.5,845
(b) Rs.6,750
(c) Rs.5,900
(d) Rs.6,925
(e) None of these
Ans: (e) None of these
Explanation: Q.2.
123% of CP =SP
Therefore, CP = Rs.7,011x100/123 = Rs.5700. Ans.
Q.3. The cost price of 16 articles is the same as the selling price of 12 articles. Find the loss/profit percentages.
(a) 30% (b) 32.50% (c) 331/3% (d) 40% (e)None of these
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