Join WhatsApp Icon JEE WhatsApp Group
Question 3

Kiran sells pens at a profit of 20% for Rs. 60. But due to lack of demand he reduced its price to Rs. 55. Then

Solution

Share

Since selling at Rs. 60 gives a 20% profit, the cost price is $$\frac{60}{1.2} = 50$$. Selling at Rs. 55 gives a profit of $$55 - 50 = 5$$, which as a percentage of the cost price is $$\frac{5}{50} \times 100 = 10\%$$. So he still makes a profit of 10%.

Get AI Help

Other Cracku’s Useful Resources:

JEE Questions JEE Question Bank JEE Mains Previous Papers JEE Advanced Previous Papers JEE Study Material PDF JEE Mains Mock Test JEE Advanced Mock Test JEE Daily Target

Free JEE Questions

JEE Physics Questions JEE Maths Questions JEE Chemistry Questions
banner

50,000+ JEE Students Trusted Our Score Calculator

Predict your JEE Main percentile, rank & performance in seconds

Check Your Score Now
Ask AI