190

You visited us 190 times! Enjoying our articles? Unlock Full Access!

Byju's Answer

Standard VIII

Mathematics

Prices / Charges Related to Buying and Selling

A shopkeeper ...

Question

A shopkeeper sells some articles at the profit of $25$ % on the original price. What is the exact amount of profit? To find the answer, which of the following information given in Statements I and II is/are necessary?
I. Sale price of the article
II. Number of articles sold

Only I is necessary

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Only II is necessary

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Either I or II is necessary

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Both I and II are necessary

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

None of these

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is D Both I and II are necessary
$G a i n = 25$ % of C.P.
In order to find gain, we must know the sale price of each article and the number of articles sold.
Correct answer is (D).

Suggest Corrections

Similar questions

Q. A shopkeeper sells some toys at Rs. 250 each. What percent profit does he make? To find the answer, which of the following information given in Statements I and II is/are necessary?
I. Number of toys sold.
II. Cost price of each toy.

Q. A shopkeeper sells some toys at

Rs. 250

each. What percent profit does he make? To find the answer, which of the following information given in Statements I and II is /are necessary?
P : No. of toys sold.
Q : Cost price of each toy.

By selling an article at 20%. discount. a shopkeeper gains 25%. If the selling price of the article is Rs. 1.440; find: (i) the marked price of the article. (ii) the cost price of the article.

Q. Each contains a question of two statements I and II, giving certain data. Select the correct answer from

(1)

(4)

depending on the sufficiency of data given in the statements to answer each question.

1

. If I alone is sufficient and II alone is not sufficient to answer the question.

2

. If II alone is sufficient and I alone is not sufficient to answer the question.

3

. If both I and II together are sufficient but neither statement alone is sufficient to answer the question.

4

. If both I and II together are not sufficient to answer the question and additional data specific to the question are needed.
What is the ratio of the selling prices of two articles A and B?
I. The cost price of article A is equal to the selling price of B.
II. The profit made by selling A is equal to

1 / 5

of its selling price.

Q. The cost price of an article is Rs. 1,200 and selling price is

\frac{5}{4}

times of its cost price.

Find:
(i) The selling price of the article
(ii) Profit or loss as a percent.

Join BYJU'S Learning Program

A shopkeeper sells some articles at the profit of 25% on the original price. What is the exact amount of profit? To find the answer, which of the following information given in Statements I and II is/are necessary?I. Sale price of the articleII. Number of articles sold

The correct option is D Both I and II are necessaryGain=25% of C.P.In order to find gain, we must know the sale price of each article and the number of articles sold.Correct answer is (D).

A shopkeeper sells some articles at the profit of $25$ % on the original price. What is the exact amount of profit? To find the answer, which of the following information given in Statements I and II is/are necessary?
I. Sale price of the article
II. Number of articles sold

The correct option is D Both I and II are necessary
$G a i n = 25$ % of C.P.
In order to find gain, we must know the sale price of each article and the number of articles sold.
Correct answer is (D).