Home
Class 14
MATHS
A shopkeeper sold 12 cameras at the prof...

A shopkeeper sold 12 cameras at the profit of 20% and 8 cameras profit of 10%. If he had sold all 20 cameras at 15% profit then his profit would have been decreased by Rs. 36. What is the cost price of each camera?

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's define the variables and calculate the cost price of each camera. ### Step 1: Define the Cost Price Let the cost price (CP) of each camera be \( x \). ### Step 2: Calculate Selling Price for 12 Cameras at 20% Profit The selling price (SP) for 12 cameras sold at a profit of 20% can be calculated as follows: \[ \text{SP for 12 cameras} = 12 \times (x + 0.2x) = 12 \times 1.2x = 14.4x \] ### Step 3: Calculate Selling Price for 8 Cameras at 10% Profit The selling price for 8 cameras sold at a profit of 10% can be calculated as follows: \[ \text{SP for 8 cameras} = 8 \times (x + 0.1x) = 8 \times 1.1x = 8.8x \] ### Step 4: Calculate Total Selling Price for 20 Cameras The total selling price when 12 cameras are sold at 20% profit and 8 cameras at 10% profit is: \[ \text{Total SP} = 14.4x + 8.8x = 23.2x \] ### Step 5: Calculate Selling Price if All 20 Cameras Sold at 15% Profit If all 20 cameras are sold at a profit of 15%, the selling price would be: \[ \text{SP for 20 cameras at 15%} = 20 \times (x + 0.15x) = 20 \times 1.15x = 23x \] ### Step 6: Set Up the Equation Based on the Given Condition According to the problem, the profit would decrease by Rs. 36 if all cameras were sold at 15% profit. Therefore, we can set up the equation: \[ 23.2x - 23x = 36 \] \[ 0.2x = 36 \] ### Step 7: Solve for x Now, solve for \( x \): \[ x = \frac{36}{0.2} = 180 \] ### Conclusion The cost price of each camera is Rs. 180. ---
Promotional Banner

Topper's Solved these Questions

  • PROFIT & LOSS

    ADVANCED MATHS BY ABHINAY MATHS ENGLISH|Exercise Questions|200 Videos
  • PIPE & CISTERN

    ADVANCED MATHS BY ABHINAY MATHS ENGLISH|Exercise QUESTIONS|40 Videos
  • QUADRILATERAL

    ADVANCED MATHS BY ABHINAY MATHS ENGLISH|Exercise EXERCISE|48 Videos

Similar Questions

Explore conceptually related problems

A shopkeeper sold 12 cameras at a profit of 20% and 8 cameras at a profit of 10%. If he had sold all the 20 cameras at a profit of 15%, then his profit would have been reduced by Rs.36. What is the cost price of each camera?

A shopkeeper sold an article at 5% profit. If he had sold it at a profit of 17(1)/(2)% the profit would have been ₹ 25 more. What is the cost price of the article ?

An article is sold at a profit of 20%. If it had been sold at a profit of 25%, it would have fetched Rs. 35 more. The cost price of the article is :

An almirah was sold at a profit of 15%. If its cost had been 5% less and it had been sold for Rs 1,470 less, then the profit would have been 10%. What is the cost price of the almirah?

A shopkeeper sells a table at 8% profit and a a chair at 10% discount,thereby getting Rs1008. If he had sold the table at 10% profit and chair at 8% discount,he would have got Rs.20 more.Find the cost price of the table and the list price of the chair.

A watch was sold at a profit of 15%. If its cost had been 5% less and it had been sold for 21 less, then the profit would have been 10%. Find the cost price of the watch

ADVANCED MATHS BY ABHINAY MATHS ENGLISH-PROFIT & LOSS-Questions
  1. By selling an article for Rs 77 a person gained (1)/(10) of his outlay...

    Text Solution

    |

  2. 10 kg of rice costs as much as 20 kg of wheat, 25 kg of wheat costs as...

    Text Solution

    |

  3. An item costing Rs 200 is being sold at 10% loss. If the price is furt...

    Text Solution

    |

  4. Vishal goes to a shop to buy a radio costing Rs 2568. The rate of sale...

    Text Solution

    |

  5. A merchant makes a profit of 20% by selling an article. What would be ...

    Text Solution

    |

  6. A company offers 20% discount and earns profit of 25% . Further it inc...

    Text Solution

    |

  7. A shopkeeper sells a watch for Rs 960 after giving discount of 20% . H...

    Text Solution

    |

  8. The ratio of selling price of 3 articles A, B, C is 8 : 9 : 5 and rati...

    Text Solution

    |

  9. Two men calculate their profit. One calculates his profit at SP and an...

    Text Solution

    |

  10. A person sells three articles first at 10% loss, second at 20% profit ...

    Text Solution

    |

  11. Mangoes are bought at Rs 10 per 100. Find the rate at which per 100 mu...

    Text Solution

    |

  12. A shopkeeper buys an article on discount of 20% on MP. Shopkeeper mark...

    Text Solution

    |

  13. Shopkeeper marks his goods 30% above CP. Half stock is sold at M.P. an...

    Text Solution

    |

  14. A shopkeeper shopkeeper marks his goods at 39% more than CP. (1)/(3) r...

    Text Solution

    |

  15. On selling 10 candles profit is equal to SP of 3 pens loss on selling ...

    Text Solution

    |

  16. . A retailer bought 3850 linc pens and 1848 cello pens at the same pri...

    Text Solution

    |

  17. SP of an article is already fixed. If it is sold at (3)/(4) th of SP t...

    Text Solution

    |

  18. A company gives 10% discount on MP and earns 20% profit later on due t...

    Text Solution

    |

  19. Ram makes 750 articles at the cost of 60 paise per article. He fixed t...

    Text Solution

    |

  20. A shopkeeper sold 12 cameras at the profit of 20% and 8 cameras profit...

    Text Solution

    |