Karthik incurred a loss of 40 percent on selling an article for Rs. 5,640. At wh

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Question
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

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.

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Profit and Loss problems

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1. 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

2. 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

3. 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

4. 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

5. 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

6. 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

7. A man saves 20% of his monthly salary. If an account of dearness of things he is to increase his monthly expenses by 15%, he is only able to save Rs. 400 per month. What is his monthly salary ?
Options
A. Rs. 6000
B. Rs. 4500
C. Rs. 5000
D. Rs. 6500

8. A man purchases two articles, on selling one at loss of 20% while the other at a profit of 25%, he gains the overall profit of 5% than find the ratio of their selling price ?
Options
A. 8 : 62.5
B. 55 : 8
C. 8 : 65
D. 64.4 : 9

9. Selling an article at a profit of 20%, Aman gets Rs. 400 more than selling at a loss of 20%. The cost price of the article is ?
Options
A. Rs.1000
B. Rs. 1020
C. Rs.1210
D. Rs.1140

10. A shopkeeper expects a gain of 45/2 % on his C.P. If his sale was Rs. 392, then find his profit.
Options
A. Rs. 70
B. Rs. 72
C. Rs. 74
D. Rs. 76

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