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General Knowledge
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Interview
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Profit and Loss Questions
A trader sells sugar at Rs 400 for 20 kg (i.e., Rs 20 per kg). A customer negotiates 20% price discount, but the trader short-weighs by 4% per kg delivered. What is the customer’s effective discount percentage versus the original list price per actual kg?
Fuel adulteration: a trader mixes “25% kerosene to petrol” and sells the mixture at the price of petrol. If kerosene costs 50% of petrol, find the net profit percentage (assume “25% to petrol” means kerosene equals 25% of petrol volume; i.e., 1 part kerosene mixed with 4 parts petrol → kerosene is 20% of the final mixture).
A trader buys from a wholesaler whose balance reads 1200 g for what is truly 1000 g (over-reading scale). The trader then marks up goods by 20% above his cost and sells to customers (use a correct scale). Determine the trader’s overall profit or loss percentage.
A trader sells 100 articles and earns a profit equal to the selling price of 75 articles. Compute his profit percentage on cost.
Profit & loss — linked prices for tables and chairs The cost of 2 tables equals the cost of 5 chairs. The difference between the price of one table and one chair is Rs 1200. Find the cost of one chair.
Unit-rate conversion — quarter kilogram to grams If 1/4 kg costs Rs 0.60, what is the price for 200 g?
Bulk-cost estimation — bananas price scaling If 1/4 dozen bananas cost Rs 2.35, estimate the total cost of 42 dozen bananas (approximate).
Brick consignment costing — include carriage 7000 bricks cost Rs 5740 and carriage (luggage) to site costs Rs 805. What is the total cost per thousand bricks?
Rate scaling — mangoes bulk estimation If 357 mangoes cost Rs 1517.25, approximate the total price for 49 dozen mangoes.
Finding gain percent from selling price and profit amount An article is sold for Rs 100 with a gain of Rs 10. What is the gain percentage?
Reverse percent — recover cost price from selling price By selling an article for Rs 247.50, the profit is 12 1/2%. What is the cost price?
Loss percent from CP–SP relation across counts If the cost of 15 tables equals the selling price of 20 identical tables, what is the loss percentage?
Equal profit–loss from two selling prices Selling at Rs 425 gives the same profit as the loss when selling at Rs 355. What is the cost price?
Finding loss percent from SP and absolute loss An article is sold for Rs 100 incurring a loss of Rs 10. What is the loss percentage?
Buy–sell comparison on count and unit price A man buys 10 articles for Rs 8 and sells each for Rs 1.25. What is his gain percentage?
Recovering cost price from selling price and profit percent A radio is sold for Rs 1980 at a gain of 10%. What was its cost price?
Relating CP and SP percentages What percent of the selling price equals 34% of the cost price if gross profit is 26% of the selling price?
Mixture average price and total gain Alok mixes 25 kg at Rs 6/kg with 35 kg at Rs 7/kg and sells the 60 kg mixture at Rs 6.75/kg. What is the overall gain or loss?
Unit conversion and target profit count A buys oranges at Rs 2 for 3 oranges and sells at Rs 1 per orange. How many oranges must be sold to make a profit of Rs 10?
Solving two-item linear price equations The cost of 2 T.V. sets and 1 radio is Rs 7000, while the cost of 2 radios and 1 T.V. set is Rs 4250. Find the cost of one T.V. set.
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