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- Question
12 days payment to the servant in a cloth showroom in festival season is Rs. 400 plus one shirt. The servant leaves after 9 days and recieves Rs. 280 and a shirt. What is the price of the shirt ?
Options- A. Rs. 80
- B. Rs. 120
- C. Rs. 70
- D. Rs. 100
- Correct Answer
- Rs. 80
ExplanationThe servant worked for 9 days instead of 12 days, he should receive 9/12 of his total payment
Let the price of 1 shirt be Rs. S
i.e., 3/4 (400 + S).
However, the question states that the servant receive Rs. 280 + S where S is the price of the shirt.
By equating the two equations we get 3/4 (400 + S) = 280 + S.
Therefore, Price of the shirt S = Rs. 80.
- 1. In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit
Options- A. 70%
- B. 80%
- C. 90%
- D. None of above Discuss
- 2. What is the profit or loss % when a shopkeeper bought 4 mangoes for Rs. 6 and sold them @ 4 mangoes for Rs. 4?
Options- A. 36.333%
- B. 33.666%
- C. 33.333%
- D. 36.666% Discuss
- We observe that, S.P < C.P
- 3. 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
- 4. 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
- 5. 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
- 6. By selling an article at Rs.800, a shopkeeper makes a profit of 25%.At what price should he sell the article so as to make a loss of 25%?
Options- A. Rs.720
- B. Rs.640
- C. Rs.540
- D. Rs.480 Discuss
- 7. A sweet seller sells 3/5th part of sweets at a profit of 10% and remaining at a loss of 5%. If the total profit is Rs 1500, then what is the total cost price of sweets ?
Options- A. Rs.37,500
- B. Rs.36,400
- C. Rs.37,415
- D. Rs.36,500 Discuss
- 8. Anil purchases two books for Rs.100. He sells first at loss of 5% and second al 20% profit. If he gets Overall profit of 5% then what is cost of first book?
Options- A. 58
- B. 60
- C. 55
- D. 45 Discuss
- 9. Karthik incurred a loss of 40 percent on selling an article for Rs. 5,640. At what price should he have sold the item to have profit of 25%?
Options- A. Rs. 11750
- B. Rs. 12550
- C. Rs. 13650
- D. Rs. 11550 Discuss
- 10. If the selling price of a mat is five times the discount offered and if the percentage of discount is equal to the percentage profit, find the ratio of the discount offered to the cost price.
Options- A. 6:31
- B. 11:30
- C. 7:30
- D. 31:6 Discuss
Profit and Loss problems
Search Results
Correct Answer: 70%
Explanation:
Let C.P.= Rs. 100.
Then, Profit = Rs. 320,
S.P. = Rs. 420.
New C.P. = 125% of Rs. 100 = Rs. 125
New S.P. = Rs. 420.
Profit = Rs. (420 - 125) = Rs. 295
Required percentage = (295/420) * 100
= 70%(approx)
Correct Answer: 33.333%
Explanation:
Cost of 4 mangoes = Rs. 6
Cost of 1 mango = Rs. 6/4 = Rs. 1.5
Now, Selling Price of 4 mangoes = Rs. 4
Selling Price of 1 mango = Rs. 4/4 = Rs. 1.0
Hence, the shopkeeper incurs a loss.
Required loss% = loss/C.P x 100
Loss = 1.5 - 1 = 0.5
C.P = 1.5
Loss% = (0.5/1.5) x 100
= (5/15) x 100
= 1/3 x 100
= 100/3
= 33.333%.
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%.
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: 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: Rs.480
Explanation:
SP = Rs.800 ; Profit = 25%
Now, CP = Rs.640
Loss = 25% = 25% of Rs.640 = Rs.160
Thus, SP = CP - Loss = Rs.640 - Rs.160 = Rs.480
Correct Answer: Rs.37,500
Explanation:
Assume A be the cost price.
Therefore,
=> A = Rs 37,500.
Correct Answer: 60
Explanation:
-5-----------------------5-------------------20
5-(-5) = 10
20-5= 15
Ratio of cost price of book1 and book2 = 3:2
Then cost price of book 1 is given by
(3/5) x 100 = Rs. 60.
Correct Answer: Rs. 11750
Explanation:
From the given data,
The cost price of the article = 5640 x 100/60 = Rs. 9400
The selling price of the article to gain 25% profit = 9400 x 125/100 = Rs. 11750.
Correct Answer: 7:30
Explanation:
Since S.P. = 5 (M.P. - S.P.) => 5 M.P. = 6 S.P.
M.P. = (6/5) S.P.
Since the percentage discount = Percentage profit,
Therefore, 1/6 = (S.P/C.P) ? 1 => S.P = (7/6) C.P
M.P = 6/5 S.P = 6/5 x 7/6 C.P = 7/5 C.P
Therefore, Ratio of discount to C.P
= (M.P ? S.P)/C.P = [{(7/5)C.P - (7/6)C.P} / C.P.]
= 7/30
Therefore, the ratio is 7 : 30
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