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- Question
A driver of auto rickshaw makes a profit of 20% on every trip when he carries 3 passengers and the price of petrol is Rs. 30 a litre. Find the % profit for the same journey if he goes for 4 passengers per trip and the price of petrol reduces to Rs. 24 litres ?
Options- A. 68%
- B. 80%
- C. 75%
- D. 100%
- Correct Answer
- 100%
ExplanationWhen 3 passengers income was 3x
expense= Rs.30
profit =20% of 30 = Rs.6
That means his earning is Rs.36. so that per passenger fare must be Rs.12.When 4 passengers
earning = 12x4=Rs.48.
expense =Rs.24.
profit = Rs.24 = 100% - 1. A seller uses 840 gm in place of 1 kg to sell his goods. Find his actual profit/loss % When he sells his article on 4% loss on cost price ?
Options- A. 14.28 % profit
- B. 24.18 % profit
- C. 14.28 % loss
- D. 24.18 % loss Discuss
- 2. Namitha sold a powerbank which is at the cost of Rs. 1950 at a loss of 25%. Find at what cost will she have to sell it to get a profit of 25%?
Options- A. Rs. 3680
- B. Rs. 3560
- C. Rs. 3320
- D. Rs. 3250 Discuss
- 3. 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
- 4. 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
- 5. 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
- 6. The cost price of three varieties of mangoes namely M, N and O is Rs. 20/kg, Rs. 40/kg and Rs. 50/kg respectively. Find the selling price of one kg of mango in which these three varieties of mangoes are mixed in the ratio of 2 : 3 : 5 such that there is a net profit of 20%?
Options- A. Rs. 47
- B. Rs. 49.2
- C. Rs. 48.5
- D. Rs. 50.3 Discuss
- 7. ITC sells one product at a profit of 20% another at a loss of 20% at the same selling price. What is the loss incurred by ITC?
Options- A. 1%
- B. 2%
- C. 4%
- D. 0% Discuss
- 8. On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is ?
Options- A. Rs. 55
- B. Rs. 60
- C. Rs. 65
- D. Rs. 70 Discuss
- 9. A merchant buys two articles for Rs.600. He sells one of them at a profit of 22% and the other at a loss of 8% and makes no profit or loss in the end. What is the selling price of the article that he sold at a loss ?
Options- A. Rs. 404.80
- B. Rs. 536.80
- C. Rs.440
- D. Rs. 160 Discuss
- 10. 'X' sells fruits at 21% profit. If X bought it for 9% less and sold it for Rs.29 less, he would have gained 25%. The cost price of fruits is?
Options- A. Rs. 400
- B. Rs. 420
- C. Rs. 460
- D. Rs. 480 Discuss
Profit and Loss problems
Search Results
Correct Answer: 14.28 % profit
Explanation:
Let 1kg of Rs. 100 then 840gm is of Rs. 84.
Now (label on can 1kg but contains 840kg ) so for customer it is of Rs. 100 and further gives 4% discount [he sells his article on 4% loss on cost price.]
So now S.P = Rs. 96
But actually it contains 840 gm so C.P for shopkeeper = Rs. 84
S.P = Rs. 96
C.P = Rs. 84
Profit% = {(S.P-C.P)/C.P}x100
{(96-84)/84} x 100 = 14.28571429% PROFIT.
Correct Answer: Rs. 3250
Explanation:
Let the Cost price of the powerbank = Rs. P
But given that by selling it at Rs. 1950, it gives a loss of 25%
=>
=>
= Rs. 2600
Now, to get a profit of 25%
Selling Price = .
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%
Correct Answer: 30%
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: Rs. 49.2
Explanation:
Total cost of all varieties of mangoes = 20 x 2 + 40 x 3 + 50 x 5 = 40 + 120 + 250 = Rs. 410
Then, cost of 1 kg mangoes = 410/10 = Rs. 41
To get 20% profit,
The rate at which the mangoes should be sell = 120/100 x 41 = Rs. 49.2
Correct Answer: 4%
Explanation:
loss % = %
= (20/10)x(20/10)% = 4%
Correct Answer: Rs. 60
Explanation:
Let the cost price of a ball is Rs.x
Given, on selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls
The equation is :
17x - 720 = 5x
Solving the equation
we get x = 60
Therefore, cost price of a ball is Rs. 60.
Correct Answer: Rs. 404.80
Explanation:
Let C1 be the cost price of the first article and C2 be the cost price of the second article.
Let the first article be sold at a profit of 22%, while the second one be sold at a loss of 8%.
We know, C1 + C2 = 600.
The first article was sold at a profit of 22%. Therefore, the selling price of the first article = C1 + (22/100)C1 = 1.22C1
The second article was sold at a loss of 8%. Therefore, the selling price of the second article = C2 - (8/100)C2 = 0.92C2.
The total selling price of the first and second article = 1.22C1 + 0.92C2.
As the merchant did not make any profit or loss in the entire transaction, his combined selling price of article 1 and 2 is the same as the cost price of article 1 and 2.
Therefore, 1.22C1 + 0.92C2 = C1+C2 = 600
As C1 + C2 = 600, C2 = 600 - C1. Substituting this in 1.22C1 + 0.92C2 = 600, we get
1.22C1 + 0.92(600 - C1) = 600
or 1.22C1 - 0.92C1 = 600 - 0.92*600
or 0.3C1 = 0.08*600 = 48
or C1 = 48/(0.3) = 160.
If C1 = 160, then C2 = 600 - 160 = 440.
The item that is sold at loss is article 2. The selling price of article 2 = 0.92*C2 = 0.92*440 = 404.80.
Correct Answer: Rs. 400
Explanation:
Let the cost price of the fruits be 'C.P'
From the given data, after analysis it can be solved as
(121% of C.P) - (125% of 91% of C.P) = 29
Hence, the cost price of the fruits = Rs. 400.
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