Home » Aptitude » Profit and Loss

A man bought 500 metres of electronic wire at 50 paise per metre. He sold 50% of it at a profit of 5%. At what percent should he sell the remainder so as to gain 10% on the whole transaction?

13%
12.5%
15%
20%

Correct Answer: 13%

← Previous Question Next Question→

More Questions from Profit and Loss

A used two-wheeler dealer sells a scooter for Rs 46,000 and makes some loss. If he had sold it for Rs 58,000 his profit would have been double his loss. What was the cost price (in Rs) of the scooter?
A dishonest milkman buys milk at Rs 24 per litre and adds 1/3 of water to it and sells the mixture at Rs 32 per litre. What is his gain?
A used car dealer sells a car for Rs 7.6 lakhs and makes some loss. If he had sold it for Rs 9.2 lakhs his profit would have been thrice his loss. What was the cost price of the car (in Rs lakhs)?
A trader had 12 quintals of wheat. He sold a part of it at 13% profit and the rest at 23% profit, so that he made a total profit of 17 %. How much wheat did he sell at 23% profit?
When a discount of 20% is given on a lunch buffet, the profit is 42%. If the discount is 15%, then the profit is
Profit of Rs 104000 has to be divided among three partners Ashok, Bimla and Chirag in the ratio 6:4:3. How much does Chirag get?
Deepak found that he had made a loss of 10% while selling his smartphone. He also found that had he sold it for ` 50more, he would have made a profit of 5%. The initial loss was what percentage of the profit earned, had he sold the smartphone for a 5% profit ?
Raghu bought an article for Rs. 14,360 and spent Rs. 240 on its transportation. At what amount he has to sell it to get a profit of 15%? (in Rs.)
Marked price of an article is 1600 Rs. more than the cost price. When the same article is sold at a discount of Rs. 500 then the percent profit earned is 25%. For earning a profit of 30%, the article should be sold at what price?
A dishonest shopkeeper professes to sell his groceries at his cost price but uses a false weight of 900 grams for each kilogram. Find his gain percentage.

Discussion & Comments

No comments yet. Be the first to comment!

Join Discussion