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- Question
A shopkeeper fixes the marked price of an item 35% above its cost price. The percentage of discount allowed to gain 8% is
Options- A. 18%
- B. 20%
- C. 22%
- D. 24%
- Correct Answer
- 20%
ExplanationLet the cost price = Rs 100
then, Marked price = Rs 135
Required gain = 8%,
So Selling price = Rs 108
Discount = 135 - 108 = 27
Discount% = (27/135)*100 = 20% - 1. 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
- 2. 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
- 3. '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
- 4. 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
- 5. 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
- 6. When a women sells 20 articles for Rs. 160, there is 40% loss. How many articles should she sell for Rs. 240 in order to earn 20% profit ?
Options- A. 16
- B. 15
- C. 17
- D. 14 Discuss
- 7. The cash difference between the selling prices of an article at a profit of 4% and 6% is Rs 3. The ratio of two selling prices is
Options- A. 51:52
- B. 52:53
- C. 53:54
- D. 54:55 Discuss
- 8. Cost of 3 cricket balls = cost of 2 pairs of leg pads. Cost of 3 pairs of leg pads = cost of 2 pairs of gloves. Cost of 3 pairs of gloves = cost of 2 cricket bats. If a cricket bat costs Rs 54, what is the cost of a cricket ball.
Options- A. Rs 12
- B. Rs 16
- C. Rs 14
- D. Rs 18 Discuss
- 9. A person sold two cows each for Rs.9900. If he gained 10% on one and lost 20% on the other, then which of the following is true?
Options- A. He Gained Rs. 200
- B. He lost Rs. 200
- C. He neither gained nor lost
- D. None of the above Discuss
- 10. If goods be purchased for Rs.450 and 1/3 is sold at a loss of 10%. At what gain % should the remainder is sold to has to gain 20% on the whole transaction?
Options- A. 35%
- B. 28%
- C. 22%
- D. 19% Discuss
Profit and Loss problems
Search Results
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
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.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: 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 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: 15
Explanation:
Given when she sells at Rs. 160 for 20 articles, she get 40% loss.
Then, to get 20% profit selling at Rs. 240 for let 'P' articles
=>
=> 120 x 160 x P = 20 x 70 x 240
=> P = 15 articles.
Correct Answer: 52:53
Explanation:
Let the Cost price of article is Rs. x
Required ratio = (104% of x) / (106% of x)
=104/106
=52/53 = 52:53
Correct Answer: Rs 16
Explanation:
3 pairs of gloves = 2 x 54 = 108 ; 1 pairs of gloves = 36
3 pairs of leg pads = 2 x 36 = 1 pairs of leg pads = 24
3 cricket balls = 2 x 24 = 48
cost of 1 cricket ball = 16;
Correct Answer: None of the above
Explanation:
The CP of profitable cow = 9900/1.1 = 9000
and profit = Rs. 900
The CP of loss yielding cow = 9900/0.8 = 12375
and loss = Rs. 2475
so, the net loss = 2475 - 900 = 1575
Correct Answer: 35%
Explanation:
Given the cost price of the articles = Rs. 450
To get overall 20% gain,
Total Selling Price = (20/100) x 450 = 540
One third of the CP = 1/3 x 450 = Rs. 150
But given 1/3 of articles are sold at 10% loss
S.P of 1/3 of articles = 90% of 150
= 90 x 150/100 = 135
Then, S.P on remaining 2/3 goods must be
= 450 - 135 = 405 ...........(1)
CP on remaining goods
= 2/3 x 450 = 300 ............(2)
Profit = SP - CP = 405 - 300 = 105
Profit % = (105/300) x 100
= 35%.
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