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Home Aptitude Profit and Loss Comments

  • Question
  • 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

  • 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


  • Profit and Loss problems


    Search Results


    • 1. 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
    • 2. 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
    • 3. 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
    • 4. 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
    • 5. 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
    • 6. 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
    • 7. 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
    • 8. 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
    • 9. A dealer sold two of his cattle for Rs. 500 each. On one of them he lost 10% on the other, he gained 10%. His gain or loss percent in the entire transaction was:

    • Options
    • A. 10% loss
    • B. 1% loss
    • C. 1% gain
    • D. Neither loss nor profit
    • Discuss
    • 10. In a scheme, a pack of three soaps with MRP Rs.45 is available for Rs.42. If it still gives a profit of 5% to the shopkeeper, then the cost price of the pack is ?

    • Options
    • A. 38
    • B. 39
    • C. 40
    • D. 41
    • Discuss


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