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- Question
Tarun got 30% concession on the labelled price of an article and sold it for Rs. 8750 with 25% profit on the price he bought. What was the labelled price ?
Options- A. 10000
- B. 12000
- C. 13000
- D. 14000
- Correct Answer
- 10000
ExplanationCost Price = = Rs. 7000. Let the labelled price be Rs. x.
Then,
= Rs.10000
- 1. If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is ?
Options- A. 12%
- B. 30%
- C. 50%
- D. 60% Discuss
- 2. The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?
Options- A. Rs. 2000
- B. Rs. 2200
- C. Rs. 2400
- D. Data inadequate Discuss
- 3. If books bought at prices 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 eight books ?
Options- A. 600
- B. 1200
- C. 1800
- D. none of these Discuss
- 4. A milkman purchases the milk at Rs. x per litre and sells it at Rs. 2x per litre still he mixes 2 litres water with every 6 litres of pure milk. What is the profit percentage?
Options- A. 116%
- B. 166.66%
- C. 60%
- D. 100% Discuss
- 5. A shopkeeper cheats to the extent of 10% while buying and selling, by using false weights. His total gain is.
Options- A. 20%
- B. 21%
- C. 22%
- D. 23% Discuss
- 6. Due to reduction of 25% in price of oranges a customer can purchase 4 oranges more for Rs. 16. what is original price of an orange?
Options- A. Rs 1
- B. Rs 1.33
- C. Rs 1.5
- D. Rs 1.6 Discuss
- 7. A man buys oranges at Rs 5 a dozen and an equal number at Rs 4 a dozen. He sells them at Rs 5.50 a dozen and makes a profit of Rs 50. How many oranges does he buy?
Options- A. 30 dozens
- B. 40 dozens
- C. 50 dozens
- D. 60 dozens Discuss
- 8. If the cost price is 25% of selling price. Then what is the profit percent.
Options- A. 150%
- B. 200%
- C. 300%
- D. 350% Discuss
- 9. A trader sold an article at a loss of 5% but when he increased the selling price by Rs.65 he gained 3.33% on the cost price. If he sells the same article at Rs. 936, what is the profit percentage?
Options- A. 15%
- B. 16.66%
- C. 20%
- D. data insufficient Discuss
- 10. A man bought an article and sold it at a gain of 5 %. If he had bought it at 5% less and sold it for Re 1 less, he would have made a profit of 10%. The C.P. of the article was
Options- A. Rs 100
- B. Rs 150
- C. Rs 200
- D. Rs 250 Discuss
Profit and Loss problems
Search Results
Correct Answer: 50%
Explanation:
Friends, we know we will need gain amount to get gain percent, right. So lets get gain first.
Let the cost price of 1 pen is Re 1
Cost of 8 pens = Rs 8
Selling price of 8 pens = 12
Gain = 12 - 8 = 4
Gain% = % = % = 50%
Correct Answer: Rs. 2000
Explanation:
Let C.P. be Rs. x.
Then,= >
=> 1920 - x = x - 1280
=> 2x = 3200
=> x = 1600
Required S.P. = 125% of Rs. 1600 =Rs(125/100*1600) = Rs2000
Correct Answer: 1800
Explanation:
Least Cost Price = Rs. (200 * 8) = Rs. 1600.
Greatest Selling Price = Rs. (425 * 8) = Rs. 3400.
Required profit = Rs. (3400 - 1600) = Rs. 1800.
Correct Answer: 166.66%
Explanation:
Let the cost price of 1-liter pure milk be Re.1, then
8 litre mixture =>
SP => 8 x 2 = Rs. 16
Profit % =
Correct Answer: 21%
Explanation:
Gain % = %
=
= 21%
Correct Answer: Rs 1.33
Explanation:
Recall it is based on inverse proportion or product constancy concept.
Reducion in price increase in amount
25% 1/4 1/3 33.33% = 4 oranges
It means original number of oranges = 4 x 3 = 12
original price of oranges = 16/12 = Rs. 1.33
Correct Answer: 50 dozens
Explanation:
Cost Price of 2 dozen oranges Rs. (5 + 4) = Rs. 9.
Sell price of 2 dozen oranges = Rs. 11.
If profit is Rs 2, oranges bought = 2 dozen.
If profit is Rs. 50, oranges bought = (2/2) * 50 dozens = 50 dozens.
Correct Answer: 300%
Explanation:
Let the S.P = 100
then C.P. = 25
Profit = 75
Profit% = (75/25) * 100 = 300%
Correct Answer: 20%
Explanation:
103.33 CP- 0.95 CP = 65
CP = Rs. 780
profit (%) = (936 - 780)/780 x 100 = 20%
Correct Answer: Rs 200
Explanation:
Let original Cost price is x
Its Selling price = (105/100) * x = 21x/20
New Cost price = (95/100) * x = 19x/20
New Selling price = (110/100 )* (19x/20 )= 209x/200
[(21x/20) - (209x/200)] = 1
=> x = 200
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