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- Question
A salesman calculated his profit on the marked price and finds it to be 30%. He forgets the fact that he gave a discount of 20%. What is his actual profit percentage?
Options- A. 260/11%
- B. 18.4%
- C. 22.5%
- D. 100/7%
- Correct Answer
- 100/7%
ExplanationWhen profit is calculated on Marked Price (M.P) then,
- C.P = M.P - P%
Let M.P = 100
=> C.P = 100 - 30 = 70
But S.P = Rs. 80 as he gave 20% discount,
Now, Actual Profit =
= 100/7 %
- 1. Sreya bought a plot for Rs. 6,00,000, then sold half of the plot at 10 % profit and rest at 15% profit. What is the total profit % that Sreya gain?
Options- A. 13.8 %
- B. 11.4 %
- C. 12.5 %
- D. 14.5 % Discuss
- 2. A retailer buys product from a shopkeeper at discount of 40% on the list price (marked price) and sells them to the customer at a discount of 25% on the list price.What is his profit percentage ?
Options- A. 10%
- B. 15%
- C. 20%
- D. 25% Discuss
- 3. Mahesh bought 100 kg of rice for Rs. 1040 and sold it at a loss of as much money as he received for 30 kg rice. At what price did he sell the rice?
Options- A. Rs. 7.46/kg
- B. Rs. 8/kg
- C. Rs. 8.74/kg
- D. Rs. 8.56/kg Discuss
- 4. Manisha went to shop with certain amount, with which she can buy 50 Chacobar or 40 Fivestar. She uses 10% amount for petrol and out of the remaining balance, she purchases 20 Fivestar and some Chacobar. Find the number of Chacobar she can buy?
Options- A. 20
- B. 24
- C. 26
- D. 28 Discuss
- 5. 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 Discuss
- 6. If the cost price of a certain object doubles, then the loss gets tripled of what it was initially. The initial loss % was ?
Options- A. 0 %
- B. 25 %
- C. 75 %
- D. 50 % Discuss
- 7. Arun purchased 30 kg of wheat at the rate of Rs. 11.50 per kg and 20 kg of wheat at the rate of 14.25 per kg. He mixed the two and sold the mixture. Approximately what price per kg should be sell the mixture to make 30% profit ?
Options- A. Rs. 17.80
- B. Rs. 16.30
- C. Rs. 14
- D. Rs. 15.40 Discuss
- 8. The cost price of an article is 54% of the marked price. Calculate the gain percent after allowing a discount of 15% ?
Options- A. 51.32 %
- B. 49.23 %
- C. 48.4 %
- D. 46.8 % Discuss
- 9. Raju sold an article by giving a discount of 8% for Rs. 17,940 and earn profit of 19.6 %. If he did not give discount then how much profit percentage he gets ?
Options- A. 27%
- B. 30%
- C. 32%
- D. 25% Discuss
- 10. Uma sold an article for 3400 and got a profit of 25%. If he had sold the article for Rs. 3265. How much profit% would Uma have got ?
Options- A. 22%
- B. 27%
- C. 20%
- D. 18% Discuss
Profit and Loss problems
Search Results
Correct Answer: 12.5 %
Explanation:
10% profit at half plot = 600000/2 x 10/100 = Rs. 30,000
15% profit at remaining half plot = 600000/2 x 15/100 = Rs. 45,000
Now, total profit = 30000 + 45000 = 75000
Profit % = 75000/600000 x 100 = 12.5 %
Correct Answer: 25%
Explanation:
Let the list price be Rs.100.
Therefore, the retailer is buying the products at Rs.60 and selling it to the customer at Rs.75, earning a profit of Rs.15.
Therefore, his percentage is = = 25%
Correct Answer: Rs. 8/kg
Explanation:
Let the selling price of the rice = Rs.P/kg
Now, according to the question,
1040 - 100p = 30p
=> p = 8/kg
Hence, the selling price of the rice = Rs. 8/kg
Correct Answer: 20
Explanation:
Let the total amount be 200 {L.C.M of 40 and 50}
Chacobar C.P. = 200/50 = 4
Fivestar C.P = 200/40 = 5
Remaining Money after petrol = [200 - 200×10%] = 180
Remaining money after buying fivestars = [180 - 20×5] = 80
So number of Chacobar she can buy = 80/4 = 20
Correct Answer: Rs. 72
Explanation:
We Know,
Profit = 392?320 = Rs72
Correct Answer: 50 %
Explanation:
Let the cost price be x and selling price be y.
Loss = x ? y
When the cost price doubles, the loss gets tripled.
So it becomes like this, 2x ? y = 3(x-y)
=> x = 2y
Loss % = (loss/ C.P) x 100 = [(2y-y)/2y] x 100= 50 %
Correct Answer: Rs. 16.30
Explanation:
C.P. of 50 kg wheat = (30 * 11.50 + 20 * 14.25) = Rs. 630.
Correct Answer: 48.4 %
Explanation:
Let marked price = Rs. 100.
Then, C.P. = RS. 54,
S.P. = Rs. 85
Gain % = 31/64 x 100 = 48.4%.
Correct Answer: 30%
Correct Answer: 20%
Explanation:
Given
125% ---- 3400
=> 100% ---- ?
=> ? = 3400x100/125 = 2720
=> Cost price of the article = Rs. 2720
Profit when article sold at Rs. 3265 = 3265 - 2720 = 545
Hence, Profit% = Gain x 100/cost price
=> P% = 545 x 100/2720
=> P% = 20%
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