Home
Class 14
MATHS
When calculated over the selling price t...

When calculated over the selling price the profit percentage on selling an article is `25%` . What is the actual profit percentage ?

A

`30%`

B

`35%`

C

`33(1)/(3)%`

D

`36 (2)/(3)%`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will use the information given about the profit percentage calculated over the selling price. ### Step-by-Step Solution: 1. **Understanding the Profit Percentage**: The profit percentage is given as 25% when calculated on the selling price (SP). This means: \[ \text{Profit} = 25\% \text{ of SP} \] 2. **Expressing Profit in Terms of Selling Price**: If we let the selling price (SP) be represented as \( SP \), then: \[ \text{Profit} = 0.25 \times SP \] 3. **Relating Selling Price and Cost Price**: The profit can also be expressed as: \[ \text{Profit} = SP - CP \] where \( CP \) is the cost price. Thus, we can set up the equation: \[ SP - CP = 0.25 \times SP \] 4. **Rearranging the Equation**: Rearranging the above equation gives: \[ SP - 0.25 \times SP = CP \] Simplifying this, we get: \[ 0.75 \times SP = CP \] 5. **Expressing Selling Price in Terms of Cost Price**: From the equation \( 0.75 \times SP = CP \), we can express SP in terms of CP: \[ SP = \frac{CP}{0.75} = \frac{4}{3} \times CP \] 6. **Calculating Actual Profit Percentage**: Now, we can find the actual profit percentage using the formula: \[ \text{Profit Percentage} = \frac{\text{Profit}}{CP} \times 100 \] Substituting for Profit: \[ \text{Profit} = SP - CP = \left(\frac{4}{3} \times CP\right) - CP = \left(\frac{4}{3} - 1\right) \times CP = \left(\frac{4}{3} - \frac{3}{3}\right) \times CP = \frac{1}{3} \times CP \] 7. **Final Calculation**: Now substituting back into the profit percentage formula: \[ \text{Profit Percentage} = \frac{\frac{1}{3} \times CP}{CP} \times 100 = \frac{1}{3} \times 100 = \frac{100}{3} \approx 33.33\% \] ### Final Answer: The actual profit percentage is \( 33 \frac{1}{3} \% \). ---
Promotional Banner

Topper's Solved these Questions

  • SSC SELECTION POST 9 NOV 2020 SHIFT 3 GRADUATION LEVEL

    SSC SELECTION POST|Exercise QUANTITATIVE APTITUDE |25 Videos

Similar Questions

Explore conceptually related problems

Calculation of Selling price from Profit percentage

Selling price of an article is (8)/(7) of cost price. What is the profit percentage ?

If 20% profit is on cost price,what is profit percentage on selling price?

when calculated on selling price profit is found to be 25% find the actual profit percent.

If the cost price of an article is 50% of the selling price, then what is the profit percent?

A Vendor sells his articles at a certain profit percentage. If he sells his articles at 1//3 of his actual selling price, then he incurs a loss of 40% . What is his actual profit percentage?

One trader calculates the percentage of profit on the buying price and another calculates on the selling price. When their selling prices are the same, then the difference of their actual profits is Rs. 85 and both claim to have made 20% profit. What is the selling price of each ?

SSC SELECTION POST-SSC SELECTION POST 9 NOVEMBER 2020 SHIFT 3 MATRICULATION LEVEL-Quantitative Aptitude
  1. The sides of a triangular field are 140 m. 225m and 265 m . What is t...

    Text Solution

    |

  2. The average of five consecutive even number (in increasing order ) is ...

    Text Solution

    |

  3. When calculated over the selling price the profit percentage on sellin...

    Text Solution

    |

  4. X is 35% less than Y, Z is 40% more than the sum of X and Y . By what...

    Text Solution

    |

  5. A shopkeeper loses 16% when he sells an article for Rs 2,730. If he se...

    Text Solution

    |

  6. Sujatha spends 18% of her monthly income on house rent, 40% of the i...

    Text Solution

    |

  7. A sum of Rs. X is divided between A, B, C and D such that the ratio of...

    Text Solution

    |

  8. After allowing three successive discounts of 10% , 20% and 5% on the m...

    Text Solution

    |

  9. A certain numbe rof persons can complete a task in 28 days. If there w...

    Text Solution

    |

  10. At what price should a shirt , costing Rs. 602, be marked so that ther...

    Text Solution

    |

  11. Four years ago, the ratio of the ages of A and B was 9 : 13 .Eight yea...

    Text Solution

    |

  12. If the simple interest on a certain sum for 2(2)/(3) years at 15% p.a....

    Text Solution

    |

  13. The length of trains A and B are in the ratio of 2 : 3 . They pass a s...

    Text Solution

    |

  14. Which of the following is divisible by 88 ?

    Text Solution

    |

  15. Pipes A and B can fill a tank in 30 minutes and 37(1)/(2) minutes, res...

    Text Solution

    |

  16. The compound interest on a certain sum for 1 year at 8% p.a. interest...

    Text Solution

    |

  17. If the speed of a train is increased by 30% it takes 36 minutes less ...

    Text Solution

    |

  18. A sum of Rs. 6,600 amount to Rs. 8,756 in 4(2)/(3) years at x% p.a. si...

    Text Solution

    |

  19. If 4 x^(2) + 9y^(2) + z^(2) + 49 = 12 ( x+ y + z) , then what is the ...

    Text Solution

    |

  20. If x + y + z = 0 , then ( x + y - z)^(3) + ( y + z - x)^(3) + (z + x -...

    Text Solution

    |