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- Question
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
- Correct Answer
- 1.1 lakh
ExplanationTotal cost of 4 cars = 1+2 = 3 lakh
Total S.P of 4 cars = 3 x 1.5 = 4.5 lakh ( )
S.P of 1 car = 1.2 lakh
S.P of rest 3 cars = 4.5 - 1.2 = 3.3 lakh
Average S.P of all the 3 cars = 1.1 lakh
- 1. 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 Discuss
- 2. 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 % Discuss
- 3. 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 Discuss
- 4. 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
- 5. 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
- 6. 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 Discuss
- 7. 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 Discuss
- 8. 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% Discuss
- 9. In what ratio should water and wine be mixed so that after selling the mixture at the cost price a profit of 33.33% is made?
Options- A. 1:4
- B. 1:3
- C. 2:3
- D. 3:4 Discuss
- 10. By mixing two qualities of pulses in the ratio 2: 3 and selling the mixture at the rate of Rs 22 per kilogram, a shopkeeper makes a profit of 10 %. If the cost of the smaller quantity be Rs 14 per kg, the cost per kg of the larger quantity is:
Options- A. Rs 23
- B. Rs 25
- C. Rs 24
- D. Nonof these Discuss
Profit and Loss problems
Search Results
Correct Answer: Rs. 800
Explanation:
Let the cost of Production = Rs. P
Then, as per question,
=1265
=> P=800
Correct Answer: 20 %
Explanation:
SP2 = 2/3 SP1
CP = 100
SP2 = 80
2/3 SP1 = 80
SP1 = 120
100 --- 20 => 20%
Correct Answer: Rs.1260
Explanation:
Let the new S.P be x, then
(100 - loss%) : (1st S.P.) = (100 + gain%) : (2nd S.P.)
=> x = 1260
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
Correct Answer: 20%
Explanation:
103.33 CP- 0.95 CP = 65
CP = Rs. 780
profit (%) = (936 - 780)/780 x 100 = 20%
Correct Answer: 420
Explanation:
Initially CP profit SP MP
100 x (100+x) 133.33
After Change 100 2x (100+x)
Now, Since (100+x) - 100 = 2x
x= 20%
CP Profit SP MP
100 20 120 133.33
So, 300 60 360 400
Again 300 120 420
So the increased selling price = Rs. 420
Correct Answer: Rs. 7250
Explanation:
A B C
investment 3x 4x 5x
Rate of return 6y% 5y% 4y%
Return
Total = (18+20+20) =
B's earnings - A's earnings = = 250
Total earning = = 7250
Correct Answer: 4%
Explanation:
SP of first article = Rs.1000
Profit = 20%
SP of Second Article = Rs.1000
Loss = 20%
So, Total SP = Rs.2000; Total CP = Rs.6250/3
As the CP is more than SP, he makes a loss.
Loss = CP - SP = (6250/3) - 2000 = Rs.(250/3)
So, Loss Percent = Lossx100/CP = 4%
Correct Answer: 1:3
Explanation:
33.33% profit means there is one part water and 3 part is pure wine. so the required ratio of water and wine in the mixture is 1:3
Correct Answer: Rs 24
Explanation:
Cost Price of 5 kg = Rs.(14*2 + x*3) = (28 + 3x).
Sell price of 5 kg = Rs. (22x5) = Rs. 110.
[{110 - (28 + 3x)}/(28 + 3x) ]* 100 =10
[82-3x/28 + 3x]= 1 / 10
820 - 30x = 28 +3x
33x = 792
x = 24
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