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- Question
A shopkeeper sells one-third of his goods at a profit of 10%, another one-third at a profit of 20%, and the rest at a loss of 6%.What is his overall profit percentage ?
Options- A. 6%
- B. 8%
- C. 10%
- D. 12%
- Correct Answer
- 8%
ExplanationLet the shopkeeper buy 300g for Rs.300. Now he sells 100g for Rs.110, another 100g for Rs120, and the rest 100g for Rs94.
Therefore, the total amount he receives = Rs.110 + Rs.120 + Rs.94 = 324.
Therefore, the shopkeeper spends Rs.300 and gets back Rs.324.
Therefore, his profit percentage = % = 8%
- 1. A retailer cheats his wholesaler and customer both. He purchases 19% more from the wholesaler and sells 15% less while selling to its customer. What is profit percentage by selling the goods at cost price?
Options- A. 35%
- B. 40%
- C. 42%
- D. 46% Discuss
- 2. The profit earned by selling an article for Rs. 832 is equal to the loss incurred when the same article is sold for Rs. 448. What should be the sale price for making 50% profit ?
Options- A. Rs. 660
- B. Rs. 560
- C. Rs. 1060
- D. Rs. 960 Discuss
- 3. A milkman 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 litre, 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
- 4. A retailer buys a radio for Rs 225. His overhead expenses are Rs 15. He sellis the radio for Rs 300. The profit percent of the retailer is
Options- A. 10%
- B. 50%
- C. 25%
- D. 52% Discuss
- 5. Rahul went to purchase a Nokia mobile handset, the shopkeeper told him to pay 20% tax if he asked the bill. Rahul manages to get the discount of 5% on the actual saleprice of the mobile and he paid the shopkeeper Rs. 3325 without tax. Besides he manages to avoid to pay 20% tax on the already discounted price, what is the amount of discount that he has gotten?
Options- A. 750
- B. 375
- C. 875
- D. 525 Discuss
- 6. Ajay bought 15 kg of dal at the rate of Rs 14.50 per kg and 10 kg at the rate of Rs 13 per kg. He mixed the two and sold the mixture at the rate of Rs 15 per kg. What was his total gain in this transaction ?
Options- A. Rs 1.10
- B. Rs 11
- C. Rs 16.50
- D. Rs 27.50 Discuss
- 7. Every year before the festive season,a shopkeeper increases the price of the product by 35% and then introduce two successive discount of 10% and 15% respectively.what is percentage loss and percentage gain ?
Options- A. 3.27 % loss
- B. 4.15 % loss
- C. 3.27 % gain
- D. 4.15 % gain Discuss
- 8. 'A' sold an article to 'B' at a profit of 20%. 'B' sold the same article to 'C' at a loss of 25% and 'C' sold the same article to 'D' at a profit of 40%. If 'D' paid Rs 252 for the article, then find how much did 'A' pay for it?
Options- A. Rs.196
- B. Rs.210
- C. Rs.200
- D. Rs.235 Discuss
- 9. A women goes to market with Rs.500 to buy oranges.the prices of the oranges have decreased by 10% so he could buy 2kg more with the amount she had.What was the original price of the oranges ?
Options- A. 22.77
- B. 25.77
- C. 27.77
- D. 29.77 Discuss
- 10. A man buys an item at Rs. 1200 and sells it at the loss of 20 percent. Then what is the selling price of that item
Options- A. Rs. 660
- B. Rs. 760
- C. Rs. 860
- D. Rs. 960 Discuss
Profit and Loss problems
Search Results
Correct Answer: 40%
Explanation:
Tota profit percentage = (119 x 100/85) - 100 = 3400/85 = 40%
Correct Answer: Rs. 960
Explanation:
Let C.P. = Rs. C.
Then, 832 - C = C - 448
2C = 1280 => C = 640
Required S.P. = 150% of Rs. 640 = 150/100 x 640 = Rs. 960.
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 litres of milk.
Since, the profit % =
Therefore, profit percentage = = 25%
Correct Answer: 25%
Explanation:
cost price = (225 + 15) = 240 sell price = 300
gain = (60/240)*100 = 25%
Correct Answer: 875
Explanation:
CP = 100, SP (with tax) =120
New SP = 100 - 5 = 95
Effective discount = 120 - 95 = 25
So, at SP of 95 ----> discount = 25
and at SP of 3325 -----> discount =
Correct Answer: Rs 27.50
Explanation:
Cost price of 25 kg = Rs. (15 x 14.50 + 10 x 13) = Rs. 347.50.
Sell price of 25 kg = Rs. (25 x 15) = Rs. 375.
profit = Rs. (375 ? 347.50) = Rs. 27.50.
Correct Answer: 3.27 % gain
Explanation:
Let cp= 100,
35 % increase in sp=135
10 % discount in 135((135*10)/100)=13.5
so 1st sp=(135-13.5)=121.5, again 15 % discount in 1st sp((121.5*15)/100)=18.225
2nd sp=(121.5-18.225)=103.275,
so finally cp=100,sp=103.275 ,gain by 3.27%
Correct Answer: Rs.200
Explanation:
Let the article costs 'X' to A
Cost price of B = 1.2X
Cost price of C = 0.75(1.2X) = 0.9X
Cost price of D = 1.4(0.9X) = 1.26X = 252
Amount paid by A for the article = Rs. 200.
Correct Answer: 27.77
Explanation:
If the price of the oranges decreases by 10%, the woman would save 10% of the money that is Rs.50 to buy the same amount as before.Now in Rs. 50 she can buy 2 kg more, therefore the current price of 1 kg of oranges is Rs25.Now, this current price is after 10% reduction.
Therefore, the original price = 25/0.9 = Rs. 27.77
Correct Answer: Rs. 960
Explanation:
Here always remember, when ever x% loss,
it means S.P. = (100 - x)% of C.P
when ever x% profit,
it means S.P. = (100 + x)% of C.P
So here will be (100 - x)% of C.P.
= 80% of 1200
= (80/100) * 1200
= 960
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