A merchant fixed the selling price of his articles at Rs. 700 after adding 40% profit to the cost price. As the sale was very low at this price level, he decided to fix the selling price at 10% profit. Find the new selling price.

Ruchi Sharma • 9.84K Points
Tutor III Math

Q. A merchant fixed the selling price of his articles at Rs. 700 after adding 40% profit to the cost price. As the sale was very low at this price level, he decided to fix the selling price at 10% profit. Find the new selling price.

(A) Rs 450

(B) Rs 490

(D) Rs 640

Correct Answer - Option(C)

No solution found for this question.
Add Solution and get +2 points.

You must be Logged in to update hint/solution

Previous MCQ Next MCQ

Discusssion

Related MCQs on Math

Q. A circular grassy plot of land, 42 cm is diameter, has a path 3.5 m wide running around it outside. ...

Q. The least number which is a perfect square and contains 180 as a factor is :

Q. By what per cent must the cost price be raised in fixing the sale price in order that there may be a...

Q. 20 persons completed 1/3rd of the work in 12 days. How many more person are required to finish the r...

Q. Sam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the ra...

Q. A boatman goes 2 km against the current of the stream in 1 hour and goes 1 km along the current in 1...

Q. The average score of a cricketer for ten matches is 38.9 runs. If the average for the first six matc...

Q. The H.C.F and L.C.M of two number are 44 and 264 respectively. If the first number is divided by 2, ...

Q. A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio...

Q. The population of a city is 35000. On an increase of 6% in the number of men and an increase of 4% i...

Learn All Math MCQs

Download our easy to use, user friendly Android App from Play Store. And learn MCQs with one click.