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**bobbym****Administrator**- From: Bumpkinland
- Registered: 2009-04-12
- Posts: 104,193

Hi;

**In mathematics, you don't understand things. You just get used to them.****If it ain't broke, fix it until it is.** **A number by itself is useful, but it is far more useful to know how accurate or certain that number is.**

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**ganesh****Moderator**- Registered: 2005-06-28
- Posts: 20,895

Hi bobbym,

The solutions #5052 and #5053 are correct. Neat work!

#5054. A person incurs 5% loss by selling a watch for $1140 At what price should the watch be sold to earn 5% profit?

#5055. A book was sold for $27.50 with a profit of 10%. If it were sold for $25.75, then what would have been the percentage of profit of loss?

It is no good to try to stop knowledge from going forward. Ignorance is never better than knowledge - Enrico Fermi.

Nothing is better than reading and gaining more and more knowledge - Stephen William Hawking.

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**bobbym****Administrator**- From: Bumpkinland
- Registered: 2009-04-12
- Posts: 104,193

Hi;

**In mathematics, you don't understand things. You just get used to them.****If it ain't broke, fix it until it is.** **A number by itself is useful, but it is far more useful to know how accurate or certain that number is.**

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**ganesh****Moderator**- Registered: 2005-06-28
- Posts: 20,895

Hi bobbym,

The solutions #5054 and #5055 are correct. Excellent!

#5056. The cost price of 21 articles is equal to selling price of 18 articles. Find the gain of loss percent.

#5057. By selling 33 meters of cloth, one gains the selling price of 11 meters. Find the gain percent.

It is no good to try to stop knowledge from going forward. Ignorance is never better than knowledge - Enrico Fermi.

Nothing is better than reading and gaining more and more knowledge - Stephen William Hawking.

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**bobbym****Administrator**- From: Bumpkinland
- Registered: 2009-04-12
- Posts: 104,193

Hi;

**In mathematics, you don't understand things. You just get used to them.****If it ain't broke, fix it until it is.** **A number by itself is useful, but it is far more useful to know how accurate or certain that number is.**

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**ganesh****Moderator**- Registered: 2005-06-28
- Posts: 20,895

Hi bobbym,

The solution #5056 is perfect. Neat job!

#5058. A man bought toffees at 3 for a dollar. How many for a dollar must he sell to gain 50%?

#5059. A grocer purchased 80 kilograms of sugar at $13.50 per kilogram and mixed it with 120 kilograms sugar at $16.00 per kilogram. At what rate should he sell the mixture to gain 16%?

It is no good to try to stop knowledge from going forward. Ignorance is never better than knowledge - Enrico Fermi.

Nothing is better than reading and gaining more and more knowledge - Stephen William Hawking.

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**ShivamS****Member**- Registered: 2011-02-07
- Posts: 3,648

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**bobbym****Administrator**- From: Bumpkinland
- Registered: 2009-04-12
- Posts: 104,193

Hi ganesh;

**In mathematics, you don't understand things. You just get used to them.****If it ain't broke, fix it until it is.**

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**Denominator****Member**- Registered: 2009-11-23
- Posts: 155

Heya ganesh!

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**ganesh****Moderator**- Registered: 2005-06-28
- Posts: 20,895

Hi ShivamS, bobbym and Denominator,

Awesome, bobbym and Denominator!

#5060. If the manufacturer gains 10%, the wholesale dealer 15% and the retailer 25%, then find the cost of production of a table, the retail price of which is $1265?

#5061. Monica purchased a pressure cooker at

th of its selling price and sold it at 8% more than its selling price. Find her gain percent.Nothing is better than reading and gaining more and more knowledge - Stephen William Hawking.

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**bobbym****Administrator**- From: Bumpkinland
- Registered: 2009-04-12
- Posts: 104,193

Hi;

**In mathematics, you don't understand things. You just get used to them.****If it ain't broke, fix it until it is.**

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**ShivamS****Member**- Registered: 2011-02-07
- Posts: 3,648

Hi ganesh,

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**ganesh****Moderator**- Registered: 2005-06-28
- Posts: 20,895

Hi bobbym and ShivamS,

The solutions #5060 and #5061 are correct. Brilliant, bobbym!

The solutions #5058, #5059, #5060, and #5061 are correct. Extraordinary performance, ShivamS!

#5062. A man sells an article at a profit of 25%. Had he bought it at 20% less and sold it for $10.50 less, he would have gained 30%. Find the cost price of the article.

Nothing is better than reading and gaining more and more knowledge - Stephen William Hawking.

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**bobbym****Administrator**- From: Bumpkinland
- Registered: 2009-04-12
- Posts: 104,193

Hi;

**In mathematics, you don't understand things. You just get used to them.****If it ain't broke, fix it until it is.**

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**ShivamS****Member**- Registered: 2011-02-07
- Posts: 3,648

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**ganesh****Moderator**- Registered: 2005-06-28
- Posts: 20,895

Hi bobbym and ShivamS,

The solution #5062 is correct. Brilliant, bobbym and ShivamS!

#5063. The price of a jewel, passing through three hands, rises on the whole by 65%. If the first and the second sellers earned 20% and 25% profit respectively, find the percentage profit earned by the third seller.

#5064. A man sold two flats for $675,958 each. On one he gains 16% while on the other, he loses 16%. How much does he gain or lose in the whole transaction?

Nothing is better than reading and gaining more and more knowledge - Stephen William Hawking.

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**bobbym****Administrator**- From: Bumpkinland
- Registered: 2009-04-12
- Posts: 104,193

Hi;

**In mathematics, you don't understand things. You just get used to them.****If it ain't broke, fix it until it is.**

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**ganesh****Moderator**- Registered: 2005-06-28
- Posts: 20,895

Hi bobbym,

The solutions #5063 and #5064 are correct. Marvelous!

#5065. A dealer sold three-fourth of his articles at a gain of 20% and the remaining at cost price. Find the gain earned by him in the whole transaction.

#5066. After getting two successive discounts, a shirt with a list price of $150 is available at $105. If the second discount is 12.5%, find the first discount.

Nothing is better than reading and gaining more and more knowledge - Stephen William Hawking.

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**bobbym****Administrator**- From: Bumpkinland
- Registered: 2009-04-12
- Posts: 104,193

Hi;

**In mathematics, you don't understand things. You just get used to them.****If it ain't broke, fix it until it is.**

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**ganesh****Moderator**- Registered: 2005-06-28
- Posts: 20,895

Hi bobbym,

The solutions #5065 and #5066 are correct. Brilliant, bobbym!

#5067. An illiterate retailer marks his goods at 50% above the cost price and thinking that he will still make 25% profit, offers a discount of 25% on the marked price. What is his actual profit on the sales?

#5068. When a producer allows 36% commission on the retail price of his product, he earns a profit of 8.8%. What would be his profit percent if the commission is reduced by 24%?

Nothing is better than reading and gaining more and more knowledge - Stephen William Hawking.

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**ganesh****Moderator**- Registered: 2005-06-28
- Posts: 20,895

Hi bobbym and ShivamS,

#5069. Alfred buys an old motorbike for $4700 and spends $800 on its repairs. If he sells the motorbike for $5800, what is his gain percent?

#5070. A shopkeeper purchased 70 kilograms of potatoes for $420 and sold the whole lot at the rate of $6.50 per kilogram. What will be his gain percent?

Nothing is better than reading and gaining more and more knowledge - Stephen William Hawking.

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**bobbym****Administrator**- From: Bumpkinland
- Registered: 2009-04-12
- Posts: 104,193

Hi;

**In mathematics, you don't understand things. You just get used to them.****If it ain't broke, fix it until it is.**

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**ganesh****Moderator**- Registered: 2005-06-28
- Posts: 20,895

Hi bobbym,

The solutions #5067, #5069, and #5070 are correct. Remarkable!

I think I have the worded the problem #5068 wrongly. I hope the explanation is clear now.

*#5068. When a producer allows 36% commission on the retail price of his product, he earns a profit of 8.8%. What would be his profit percent if the commission is reduced to 24%?*

Nothing is better than reading and gaining more and more knowledge - Stephen William Hawking.

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**bobbym****Administrator**- From: Bumpkinland
- Registered: 2009-04-12
- Posts: 104,193

Hi ganesh;

My back is very bad and I need to lay down flat on the floor for awhile to stop the pain. I am sorry, I will do the problem as soon as I can sit.

**In mathematics, you don't understand things. You just get used to them.****If it ain't broke, fix it until it is.**

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**ganesh****Moderator**- Registered: 2005-06-28
- Posts: 20,895

Hi bobbym,

Wish you a speedy recovery. Take rest.

Nothing is better than reading and gaining more and more knowledge - Stephen William Hawking.

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