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The percentage of profit made on selling...

The percentage of profit made on selling an article is `12%`. If the cost price of the article is Rs. 1200, then find the profit.

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To find the profit made on selling an article when the cost price and the percentage of profit are given, we can follow these steps: ### Step 1: Understand the given information - Cost Price (CP) = Rs. 1200 - Percentage of Profit = 12% ### Step 2: Use the formula for profit The formula to calculate profit when the cost price and percentage of profit are known is: \[ \text{Profit} = \left( \frac{\text{Percentage of Profit}}{100} \right) \times \text{Cost Price} \] ### Step 3: Substitute the values into the formula Now, we can substitute the values into the formula: \[ \text{Profit} = \left( \frac{12}{100} \right) \times 1200 \] ### Step 4: Calculate the profit Now we will calculate the profit: \[ \text{Profit} = 0.12 \times 1200 \] \[ \text{Profit} = 144 \] ### Step 5: Conclusion The profit made on selling the article is Rs. 144. ---

To find the profit made on selling an article when the cost price and the percentage of profit are given, we can follow these steps: ### Step 1: Understand the given information - Cost Price (CP) = Rs. 1200 - Percentage of Profit = 12% ### Step 2: Use the formula for profit The formula to calculate profit when the cost price and percentage of profit are known is: ...
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PEARSON IIT JEE FOUNDATION-PERCENTAGES AND THEIR APPLICATIONS -Short Answer Type Questions
  1. If 20% of x+40% of (x)/(2)+20% of 3x=100, then find the value of x.

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  2. The area of a square sheet is 250 sq. cm. If one-fourth of the sheet i...

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  3. In a tray. There are 240 eggs. Raju sold 24 eggs from it and he used 1...

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  4. Saritha added 0.5 liter of water to 2 litres of pure milk. Find the pe...

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  5. CP=Rs. 900 and Loss = Rs. 220. Find the selling price and the percenta...

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  6. CP = Rs. 800, MP = Rs. 1000 and SP = Rs. 900. Find the percentage of ...

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  7. The percentage of profit made on selling an article is 12%. If the cos...

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  8. The loss incurred on selling an article for Rs. 720 is Rs. 360. Find t...

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  9. Mr Surya and Mr Karthi got 15% and 25% profits respectively in their b...

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  10. A fruit seller purchased 20 kg of grapes for Rs. 400. If he sells the ...

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  11. Mr Akhil sold his bike for Rs. 42000. Its cost price was Rs. 60000. Fi...

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  12. Mr Tarak purchased two horses for Rs. 7,50,000. He sold one horse for ...

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  13. P= Rs. 6000, A= Rs. 6660 and the time period is 1 year. Find the inter...

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  14. A= Rs. 7920, I= Rs. 720 and, T = 2 years. Find the principal and rate ...

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  15. P=12000. Rate 12% p.a., T=12 months. Find the interest and the amount.

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  16. Rate =15% p.a., P = Rs. 70000, A = Rs. 1,01,500. Find the time period.

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  17. In how many years, a certain sum becomes tripe itself at 12% p.a.?

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  18. (a) A certain sum becomes double in 3 years, find the rate of interest...

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  19. The population of a city increases every year 8% over its previous yea...

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  20. Mr Crazyarala took a loan of Rs. 10,000 at the rate of 12% p.a. simple...

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