A shopkeeper bought an article for ₹500.
A shopkeeper bought an article for ₹500. At what price (in ₹) should he sell the article to make 28% profit?
एक दुकानदार ने ₹500 में एक वस्तु खरीदी। 28% लाभ प्राप्त करने के लिए उसे वस्तु को किस मूल्य (₹ में) पर बेचना चाहिए?
Detailed Solution & Logic
Correct Answer:
640
Cost Price (CP)= ₹500
Profit % = 28%
Selling Price (SP) = CP + $ \text{Profit} = CP \left(1 + \frac{28}{100}\right) $
$ SP = 500 \times \frac{128}{100} $
$ SP = 500 \times 1.28 = ₹640 $
Answer = ₹640
Similar Practice Questions
If Malay buys guavas at ₹300 per kg
If Malay buys guavas at ₹300 per kg and sells them at ₹25 per 100...
A seller makes a loss of 5% by selling a shirt for ₹1,000. He would have made x% profit by selling for ₹1,400. Find the value of x.
A seller makes a loss of 5% by selling a shirt for ₹1,000. He would...
By selling an article for ₹19
By selling an article for ₹19, a dealer makes a profit of 20%. By how...
If the selling price of a bed is 2-times
If the selling price of a bed is 2-times of initial, then the profit is...
A vendor mixes two rice types costing Rs. 30/kg and Rs. 50/kg in the ratio 3: 2, but he mistakenly sells it at a loss of 10%.
A vendor mixes two rice types costing Rs. 30/kg and Rs. 50/kg in the ratio...
Vinod, Kajal, and Arpit invest ₹1,040, ₹1,390, and ₹1,890,
Vinod, Kajal, and Arpit invest ₹1,040, ₹1,390, and ₹1,890, respectively to start a business. If...
Rahul, Monika, and Yuvraj invest ₹1,310, ₹1,430, and ₹1,040, respectively, to start a business. If the profit at the end of the year is ₹1,890, then what is the share of Yuvraj in the profit?
Rahul, Monika, and Yuvraj invest ₹1,310, ₹1,430, and ₹1,040, respectively, to start a business. If...