UrbanPro
Login Ask & Answer Success Stories Paid Courses Free Classes Tuition & Classes Fees Write a Review All Categories Help Center
Post your Learning Need Signup as a Tutor
✕

Popular Cities

Bangalore

Hyderabad

Delhi

Mumbai

Chennai

Pune

Kolkata

Gurgaon

Ahmedabad

Jaipur

Noida

✕

Take Class 10 Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Book a Free Demo

Class 10 > Learn Mathematics > A shopkeeper buys an article at a rebate of 30% on...
✕

Search in

A shopkeeper buys an article at a rebate of 30% on the printed price. He spends Rs 40 on the transportation of the article. After charging sales tax at the rate of 7% on the printed price, he sells the article for Rs. 856. Find his profit percentage?

Asked by Last Modified  

2 Answers

Learn Mathematics +2 Class IX-X Tuition Sales Tax and VAT

Follow 0
Answer

Please enter your answer

JEE/Board Maths Tutor

Let the Printed Price = Rs. P Shopkeeper buys at rebate of 30% Hence Cost price for Shopkeeper = Rs. 0.7*P Spends for transportation = Rs. 40 Now his cost price -- Rs. 0.7*P + 40 Now his final selling price = Rs. 856 Sales Tax charged at 7% on Printed Price Hence Sales Tax = 0.07*P Thus Selling...
read more
Let the Printed Price = Rs. P Shopkeeper buys at rebate of 30% Hence Cost price for Shopkeeper = Rs. 0.7*P Spends for transportation = Rs. 40 Now his cost price – Rs. 0.7*P + 40 Now his final selling price = Rs. 856 Sales Tax charged at 7% on Printed Price Hence Sales Tax = 0.07*P Thus Selling Price = Printed Price + Sales Tax 856 = P + 0.07P 856 = ( 1 + 0.07) * P 856 = 1.07 * P Thus, P = 856 / 1.07. P = Rs. 800 Cost Price for Shopkeeper = 0.7*P + 40 0.7 * 800 + 40 560 + 40 Rs. 600 Hence, the Profit the shopkeeper has made is 800 – 600 = Rs. 200 Thus, Profit percentage = Profit / Printed Price =200/800 =1/4 = 0.25 = 0.25 * 100 = 25%. read less
Comments
Dislike Bookmark

Let the Printed Price = Rs. P Shopkeeper buys at rebate of 30% Hence Cost price for Shopkeeper = Rs. 0.7*P Spends for transportation = Rs. 40 Now his cost price -- Rs. 0.7*P + 40 Now his final selling price = Rs. 856 Sales Tax charged at 7% on Printed Price Hence Sales Tax = 0.07*P Thus Selling Price...
read more
Let the Printed Price = Rs. P Shopkeeper buys at rebate of 30% Hence Cost price for Shopkeeper = Rs. 0.7*P Spends for transportation = Rs. 40 Now his cost price – Rs. 0.7*P + 40 Now his final selling price = Rs. 856 Sales Tax charged at 7% on Printed Price Hence Sales Tax = 0.07*P Thus Selling Price = Printed Price + Sales Tax 856 = P + 0.07P 856 = ( 1 + 0.07) * P 856 = 1.07 * P Thus, P = 856 / 1.07. P = Rs. 800 Cost Price for Shopkeeper = 0.7*P + 40 0.7 * 800 + 40 560 + 40 Rs. 600 Hence, the Profit the shopkeeper has made is 800 – 600 = Rs. 200 Thus, Profit percentage = Profit / Printed Price =200/800 =1/4 = 0.25 = 0.25 * 100 = 25%. read less
Comments
Dislike Bookmark

Related Questions

What is maximum and minimum value of sin x?
Minimum value is -1 And maximum value is 1
NEETU
Is it good to take 2 maths tuition in class 10?
No. Concentrate and clarify all your doubts with only one tution teacher.
Y
0 0
5
The diameter of a sphere is 28 cm. Find the cost of painting it all around at Rs. 0.10 per square cm.
Diameter 28 cm. so radius 14 cm Surface area = 4/3 x 22/7 x 14 x 14= 821.33 sq cm Cost of painting 821.33 x 0.10 = Rs 82.13 Ans
Vibha
0 0
6
Define limit of the class and class interval?
Limit of the class are the point between which that class exist. They are basically number of class interval. For example, we have class interval 2-8, then lower limit is 2 and upper limit is 8.
Mukesh
Evaluate the product without multiplying directly: 103 x 107?
103 x 107 = (100 + 3)(100 + 7) We know that (x + a)(x + b) = x^2 + (a + b)x + ab Therefore, 103 x 107 = 100^2 + (3 + 7) x 100 + 3 x 7 = 10000 + 1000 + 21 = 11021
Shubham
0 0
6

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Area of the Triangle Using Base & Height
HOW TO FIND THE AREA OF THE TRIANGLE WHEN BASE & HEIGHT ARE GIVEN if the base of the triangle = b and height of the triangle = h then, area of the triangle = (1/2) x b xh square units Ex:- if...

Ramakrishna Dhooli

1 0
0
How to write an Exam:
Attempt: Attempt all the questions whether you know the answer or not. Neat and clean: Answer sheet should be neat and clean. Do not forget to cut the rough work done. Avoid overwriting. Observant: Always...

Nikhil Sethi

0 0
0
Trigonometric ratios for complementary angles
When the sum of two angles=90 degrees, they are called complementary angles. We can use following formula →sin(90-θ)=cosθ,cos(90-θ)=sinθ,tan(90-θ)=cotθ,cosec(90-θ)=secθ,sec(90-θ)=cosecθ We...

Palak K.

0 0
0
Quadratic Equations Grade 10
M

Mohan Kumar

0 0
0
solving quadratic equation in short time
A quadratic equation is very important for a student who studies in 10th std or competitive exam. I learned one. I've searched before and not so many people know about it, so I'm helping you guys now....
S

Suraj Deshmukh

0 0
0

Recommended Articles

Quest Academy - Institute of the month

Quest Academy is a professional Bangalore based NEET and JEE (Main + Advanced) training institute. The academy was incorporated in 2015 to cater to the needs of students, who aim to crack competitive exams by connecting with the best brains around. The institute helps students enhance their skills and capabilities through...

Read full article >

Meet Sandhya R, a B.Sc tutor from Bangalore

Sandhya is a proactive educationalist. She conducts classes for CBSE, PUC, ICSE, I.B. and IGCSE. Having a 6-year experience in teaching, she connects with her students and provides tutoring as per their understanding. She mentors her students personally and strives them to achieve their goals with ease. Being an enthusiastic...

Read full article >

Meet Swati, a Hindi Tutor from Bangalore

Swati is a renowned Hindi tutor with 7 years of experience in teaching. She conducts classes for various students ranging from class 6- class 12 and also BA students. Having pursued her education at Madras University where she did her Masters in Hindi, Swati knows her way around students. She believes that each student...

Read full article >

Meet Raghunandan.G.H, a B. Tech Tutor from...

Raghunandan is a passionate teacher with a decade of teaching experience. Being a skilled trainer with extensive knowledge, he provides high-quality BTech, Class 10 and Class 12 tuition classes. His methods of teaching with real-time examples makes difficult topics simple to understand. He explains every concept in-detail...

Read full article >

Find Class 10 Tuition near you
Class 10 Tuition in Delhi
Class 10 Tuition in Bangalore
Class 10 Tuition in Hyderabad
Class 10 Tuition in Kolkata
Class 10 Tuition in Mumbai
Class 10 Tuition in Chennai
Class 10 Tuition in Pune
Class 10 Tuition in Noida
Class 10 Tuition in Lucknow
Class 10 Tuition in Jaipur
Online Tuition Class 10

Looking for Class 10 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for Class 10 Tuition Classes?

The best tutors for Class 10 Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take Class 10 Tuition with the Best Tutors

The best Tutors for Class 10 Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more

ThinkVidya Learning Pvt Ltd © 2010-2024All Rights Reserved