By selling 30 articles a person gains cost price of 5 articles. what is his gain percent?

By selling 30 articles a person gains cost price of 5 articles. what is his gain percent?

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ML Aggarwal Solutions Class 8 Mathematics Solutions for Percentage Exercise 7.2 in Chapter 7 - Percentage

Question 2 Percentage Exercise 7.2

By selling an article for ₹ 1636.25, a dealer gains ₹ 96.25. Find his gain percent.

Answer:

It is given that

S.P. of an article = ₹ 1636.25

Gain = ₹ 96.25

So the C.P. = S.P. – Gain

Substituting the values

= 1636.25 – 96.25

= ₹ 1540

We know that

Gain % = [Gain/ C.P. × 100] %

Substituting the values

= [96.25/1540 × 100] %

By further calculation

= 9625/1540 %

= 1925/308 %

So we get

= 25/4 %

= 6 ¼ %

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Solution

The correct option is C: 160%Initial Profit %=30% [Given]Let the cost price of the article be x. Then, selling price of the article =x+30% of x=x+30100x=x+0.3x=1.3x When the selling price is doubled, then selling price =2×1.3x=2.6x Profit percentage =2.6x−xx×100=160%

Solve

Textbooks

Question Papers

What percentage of the selling price of an article would be 40% of the cost price?

What percent of the cost price is the selling price? 140%

When three articles are sold for 1 there is a loss of 20% how many articles should be sold for 1 to get a profit of 20 %?

∴ The number of articles that should be sold at Re 1 to gain 20% is 2.

What is the cost price of an article is sold at a loss of 25% for 150 rupees?

On selling the article there is a loss of 25% hence it is obvious value would be higher than 150. Let's take a round figure 200. Hence, the cost price is 200, on selling for a loss of Rs.

How do you find the profit of a 25 on the selling price?

Detailed Solution.
Given. Profit % on selling price is 25%.
Concept used. Profit % = (Profit / CP) × 100. Profit = SP – CP..
Calculation. Let SP be 100x. So, Profit = 25x, As we know, Profit = SP – CP, CP = SP – Profit. CP = 100x - 25x. CP = 75x. Profit% = (25/75) × 100. Profit % = 33.33% Download Soln PDF. Share on Whatsapp..