Ask a Doubt
Request a call back

Join NOW to get access to exclusive study material for best results

ICSE Class 7 Answered

The profit of a factory is 20% more this year than last year . If this year profit is 24,000 what was last year profit ?
Asked by purnapadhan72 | 13 Nov, 2017, 06:40: PM
answered-by-expert Expert Answer
begin mathsize 16px style Let space the space last space year apostrophe straight s space profit space be space straight X. Then comma space this space year apostrophe straight s space profit equals straight x plus 20 percent sign space of space straight x Now comma space straight x plus 20 percent sign space of space straight x equals 24000 rightwards double arrow straight x plus 20 over 100 straight x equals 24000 rightwards double arrow straight x plus 1 fifth straight x equals 24000 rightwards double arrow fraction numerator 5 straight x plus straight x over denominator 5 end fraction equals 24000 rightwards double arrow 6 straight x equals 24000 cross times 5 rightwards double arrow straight x equals fraction numerator 24000 cross times 5 over denominator 6 end fraction equals 20000 Hence comma space last space year apostrophe straight s space profit space is space Rs. space 20 comma 000. end style
Answered by Rashmi Khot | 28 Nov, 2017, 02:30: PM

Concept Videos

Multiple Choice Questions Practice Test
Answered Unanswered My Questions My Answers
ICSE 7 - Maths
Ramesh bought a watch for ? 4000 and a music player for © 6250. He sold the watch at 10% profit and the music player at 10% loss. Find his net profit or loss percentage on the whole transaction.
Asked by vanshikagrawal0735 | 27 Sep, 2023, 11:56: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 7 - Maths
what sum would yield an interest of ₹60 in 2 years at 3%p.a.?
Asked by nawabpreetsingh | 13 Nov, 2021, 08:19: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 7 - Maths
A shopkeeper buys 15 oranges for rupees 12 and sells them at 20 oranges for rupees 25 . Find his gain or loss percentage
Asked by kashyapmaso25 | 10 Jan, 2021, 07:19: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 7 - Maths
an article is sold at 10% gain.if it were sold at 10% loss, the sale price would have been ₹80 less. find purchase price of article
Asked by marisha.mari999 | 12 Jun, 2020, 09:36: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 7 - Maths
A man sells an article at a gain of 10%.If he had bought it for 10% less and sold it for ₹10 more he would have gained 25% on selling them . Find the cost price of the article
Asked by negigeeta880 | 09 Nov, 2019, 06:02: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 7 - Maths
If the manufacturer gains 10%,the whole sale dealer gains 15%and the retail dealer gains 25%,then what is the cost of production of a water geyser ,the retail price of which is 1265?  
Asked by anirbanhalder87 | 08 Oct, 2019, 12:40: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 7 - Maths
HOW TO FIND PROFIT%?
Asked by pkaushik2004 | 15 Sep, 2019, 12:14: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 7 - Maths
A man bought 5 dozen of Bananas for rupees 80 and sold them at the rate of 6 bananas for rupees 10. Find the percentage gain or loss
Asked by h.joharwala52 | 15 Aug, 2019, 12:41: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
ICSE 7 - Maths
If a person sells an article for Rs-650,gaining1/8th of its c.p .,find his gain per cent. 
Asked by ayushranjan1347 | 04 Aug, 2019, 06:44: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
My Class Videos Tests ₹ Plans Ask a Doubt
Get Latest Study Material for Academic year 24-25 Click here
×