An article when sold for Rs. 200 fetches 25 percent profit. What would be the percentage profit / loss if 6 such articles are sold for Rs. 1056?

10 per cent loss
10 per cent profit
5 per cent loss
5 per cent profit

Correct Answer: 10 per cent profit

Explanation:

∵ C.P. of 1 article = (200/125) x 100 = Rs. 160
⇒ C.P.of 6 articles = 6 x 160 = 960
∴ profit = 1056 - 960 = 96
percentage profit = (96/960) x 100 = 10%

More Questions from Profit and Loss

Two chair and three table cost Rs.1025 and three chairs and two tables cost Rs. 1100. What is the difference between the cost of one table and that of one chair?
An item costing Rs. 200 is being sold at 10% loss. If the price is further reduced by 5%, the selling price will be?
If books bought at price ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs. 300 to Rs. 425, what is the greatest possible profit that might be made in selling 8 books?
By selling 8 dozen of pencils, a shopkeeper gains the selling price of a 1 dozen pencils. His gain percent is?
By selling 36 oranges, a vender loses the selling price of 4 orange. His loss per cent is?
While selling a watch a shopkeeper gives a discount of 5%. If he gives a discount of 7%, he earns Rs. 15 less as profit. What is the marked price of the watch?
A sells a horse to B for Rs. 4860, thereby losing 19 percent, B sells it to C at a price which would have given A, 17 percent profit. Find B's gain?
The cost price of an article, which on being sold at a gain of 12% yields Rs. 6 more then when it is sold at a loss of 12% is?
When the price of pressure cooker was increased by 15%, its sale fell down by 15%. The effect one the money receipt was?
Subhash purchased a tape recorder at 9 / 10 th of its selling price and sold it at 8% more than its selling prices. His gain is?

Discussion & Comments

No comments yet. Be the first to comment!