What is the percentage profit made by selling an umbrella at a certain price if by selling at 2 3rd of that price there would be a loss of 10\%?

Correct Option: C Q – 2P/3 = 10\% of Q.

What is the profit percentage is obtained by selling an item?

When the selling price and the cost price of a product is given, the profit can be calculated using the formula, Profit = Selling Price – Cost Price. After this, the profit percentage formula that is used is, Profit percentage = (Profit/Cost Price) × 100.

What is the profit percent if the selling price of an article is twice the cost price?

Answer: The profit percentage is 100\%. Step-by-step explanation: Given : If the selling price of an article is twice the cost price.

What profit percentage is made by selling an article at a certain price if by selling half the price there would be a loss of 20\%?

Solution(By Examveda Team) hence a profit of 60\% was made!

What is outlay in profit and loss?

An outlay is an expenditure we make to support an activity. It is the total cost of achieving an objective, acquiring something, or carrying out a decision. In economics, the term refers to the sum of all costs plus opportunity cost.

What is marked price?

The price on the label of an article/product is called the marked price or list price. This is the price at which product is intended to be sold. However, there can be some discount given on this price and the actual selling price of the product may be less than the marked price.

What is immediate outlay?

An initial outlay refers to the initial investments needed in order to begin a given project. For instance, if opening a new factory, a company would need to purchase new land and machinery in order to get the project going. They show how well a company utilizes its assets to produce profit or strategic value.

What is net outlay?

n. 1 an expenditure of money, effort, etc.

How do you calculate profit and loss percentage?

To calculate the loss percent = ( (common loss or gain)/10)^2 P calculates his profit percent on selling price while Q calculates his profit percent on cost price. They notice that difference between their profits is 1000 rupees. If selling price of both P and Q are same and P gets 40\% profit and Q gets 60\% profit.

What is the profit percentage of the sale of 22410?

If 180 is the selling price, profit percentage is 80\%. Lets take a different cost price now. If it is sold at half of 44820 i.e. 22410 loss is 2490 which is 10\% of 24900. A shopkeeper sells 2 articles, one at a profit of 10\% and the other at a loss of 10\%.

What is the cost price of 10 articles = selling price?

The cost price of 10 articles is equal to the selling price of 9 articles. Find the profit percent. We know that the cost price of 10 article = selling price of 9 article 5. A retailer buys a radio for Rs 225. His overhead expenses are Rs 15. If he sells the radio for Rs 300, determine his profit percent.

How do you find the percent profit of P and Q?

If selling price of both P and Q are same and P gets 40\% profit and Q gets 60\% profit. Then find their selling price Let selling price = SP and cost price of A = CP1 and that of Q = CP2. For P, \% profit = (SP – CP1)/SP = 40/100. We get CP1 = (3/5)*SP For Q, \% profit = (SP – CP2)/CP2 = 60/100.