logo

CuriousTab

CuriousTab

Discussion


Home Aptitude Profit and Loss Comments

  • Question
  • 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

  • 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

     

                7 6 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


  • Profit and Loss problems


    Search Results


    • 1. 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
    • Discuss
    • 2. 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
    • 3. 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
    • 4. 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
    • 5. 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
    • 6. 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
    • 7. 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
    • 8. 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
    • 9. 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
    • 10. The sale price of an article including the sales tax is Rs. 616. The rate of sales tax is 10%. If the shopkeeper has made a profit of 12%, then the cost price of the article is :

    • Options
    • A. Rs. 560
    • B. Rs. 530
    • C. Rs. 500
    • D. Rs. 514
    • Discuss


    Comments

    There are no comments.

Enter a new Comment