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At what profit percent must an article is sold so that by selling at half that price there may be a loss of 30\%?

At what profit percent must an article is sold so that by selling at half that price there may be a loss of 30\%?

Hence, the profit percentage is 40\%.

What will be the profit percentage after selling an article?

Let the actual selling price of an article be Rs. 5. ∴ The profit percentage after selling an article is 8.33\%.

What is math outlay?

Math meaning : I think it is the cost price according to this Dictionary meaning: an amount of money spent for a particular purpose, especially as a first investment in something: Eg :For an initial outlay of $2,000 to buy the equipment, you can earn up to $500 a month if the product sells well.

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How do you calculate standard selling price?

To calculate your product selling price, use the formula:

  1. Selling price = cost price + profit margin.
  2. Average selling price = total revenue earned by a product ÷ number of products sold.

How do you calculate cost percentage when given profit?

CP = ( SP * 100 ) / ( 100 + percentage profit).

How do you calculate profit and loss on an article?

Formula: Loss = Cost price (C.P.) – Selling Price (S.P.) Profit or Loss is always calculated on the cost price. Marked price: This is the price marked as the selling price on an article, also known as the listed price.

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\%.

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What is the percentage of profit or loss on selling 17 balls?

The percentage of profit or loss is: 38) On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is:

How do you calculate profit decrease by 30\%?

Let us assume CP = Rs. 100. Then Profit = Rs. 80 and selling price = Rs. 180. The cost increases by 20\% → New CP = Rs. 120, SP = Rs. 180. Profit \% = 60/120 * 100 = 50\%. Therefore, Profit decreases by 30\%. Question 4: A man bought some toys at the rate of 10 for Rs. 40 and sold them at 8 for Rs.