What profit percent is made by selling an article at a certain price, if by sell

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Question
What profit percent is made by selling an article at a certain price, if by selling at 2/3rd of that price, there would be a loss of 20% ?
Options
A. 30 %
B. 25 %
C. 15 %
D. 20 %

Correct Answer

20 %

Explanation

SP2 = 2/3 SP1
CP = 100
SP2 = 80
2/3 SP1 = 80

SP1 = 120
100 --- 20 => 20%

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Profit and Loss problems

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1. A person incurs a loss of 5% be selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit.
Options
A. Rs.1200
B. Rs.1230
C. Rs.1260
D. Rs.1290

2. 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

3. 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

4. If the cost price is 25% of selling price. Then what is the profit percent.
Options
A. 150%
B. 200%
C. 300%
D. 350%

5. 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

6. If the manufacturer gains 10 %, the wholesale dealer 15 % and the retailer 25 %, then find the cost of production of a table if the retail price was Rs 1265
Options
A. Rs. 750
B. Rs. 800
C. Rs. 850
D. Rs. 900

7. A car mechanic purchased four old cars for Rs. 1 lakh. He spent total 2 lakh in the maintenance and repairing of these four cars. what is the average sale price of the rest three cars to get 50% total profit if he has already sold one of the four cars at Rs. 1.2 lakh?
Options
A. 1.5 lakh
B. 1.1 lakh
C. 1.2 lakh
D. 1.65 lakh

8. The marked price of an article is increased by 25% and the selling price is increased by 16.66%, then the amount of profit doubles. If the original marked price be Rs. 400 which is greater than the corresponding cost price by 33.33% , what is the increased selling price?
Options
A. 240
B. 360
C. 420
D. 600

9. A, B and C invest in the ratio of 3 : 4: 5. The percentage of return on their investments are in the ratio of 6 : 5 : 4. Find the total earnings, If B earns Rs. 250 more than A :
Options
A. Rs. 6000
B. Rs. 7250
C. Rs. 5000
D. None of these

10. A Shopkeeper sells two articles at Rs.1000 each, making a profit of 20% on the first article and a loss of 20% on the second article. Find the net Profit or loss that he makes?
Options
A. 4%
B. 5%
C. 6%
D. 8%

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