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- Question
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%
- Correct Answer
- 4%
ExplanationSP 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%
- 1. 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
- 2. 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
- 3. 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
- 4. 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
- 5. 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
- 6. 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
- 7. 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
- 8. 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
- 9. A milk man has 20 liters of milk. If he mixes 5 liters of water, which is freely available, in 20 liters of pure milk.If the cost of pure milk is Rs.18 per liter,then the profit of the milkman, when he sells all the mixture at cost price is:
Options- A. 20%
- B. 25%
- C. 33.33%
- D. 18% Discuss
- 10. Bhajan Singh purchased 120 reams of paper at Rs 80 per ream. He spent Rs 280 on transportation, paid octroi at the rate of 40 paise per ream and paid Rs 72 to the coolie. If he wants to have a gain of 8 %, what must be the selling price per ream?
Options- A. 90
- B. 89
- C. 87.48
- D. 86 Discuss
Profit and Loss problems
Search Results
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: 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: 1.1 lakh
Explanation:
Total 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
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: 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
Correct Answer: Rs. 500
Explanation:
110% of S.P. = Rs. 616
S.P. = (616 x 100)/110 = Rs. 560
C.P = (110 x 560)/112 = Rs. 500
Correct Answer: 25%
Explanation:
when the water is freely available and all the water is sold at the price of the milk, then the water gives the profit on the cost of 20 liters of milk.
Therefore, profit percentage = (5/20) x 100 =25 % [ Profit %= (Profit/C.P)*100]
Correct Answer: 90
Explanation:
Total investment = Rs. (120 * 80 + 280 + (40/100) * 120 + 72).
= Rs. (9600 + 280+48 + 72) = Rs, 10000.
Sell price of 120 reams = 108% of Rs. 10000 = Rs. 10800.
Sell Price per ream = Rs. [10800/120] = Rs. 90.
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