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- Question
Selling price of a cellphone is increased by 20%. For this sale is decreased by 30%. Find the effect of total sales?
Options- A. 16%
- B. 14.5%
- C. 12%
- D. 10.5%
- Correct Answer
- 16%
ExplanationLet cost of each cell phone = Rs.100 & Sale = 100 phones.
Money receipt = Rs.(100 x 100) = Rs.10,000
New cost per cellphone = Rs.120 and New sale = 70 phones
New Money Receipt = Rs.(70 x 120) = Rs.8400
Then the effect of sales = decrease in money receipt =
- 1. A quantity of tea is sold at Rs. 5.75 per kilogram. The total gain by selling the tea at this rate is Rs. 60. Find the quantity of tea being sold if a profit of 15% is made on the deal ?
Options- A. 72 kgs
- B. 80 kgs
- C. 76 kgs
- D. 84 kgs Discuss
- 2. A merchant buys two items for Rs. 7500. One item he sells at a profit of 16% and the other item at 14% loss. In the deal, the merchant makes neither any profit nor any loss. What is the difference between the selling price of both the items?
Options- A. Rs. 620
- B. Rs. 654
- C. Rs. 725
- D. Rs. 747 Discuss
- 3. A shopkeeper sold a mobile phone for Rs. 12000. Had he offered discount of 10% on the selling price, there would be a loss of 4%. What is the cost price of that Mobile phone?
Options- A. Rs. 12,500
- B. Rs. 11,250
- C. Rs. 12,750
- D. Rs. 11,680 Discuss
- 4. In an exhibition, Almond bought a painting for Rs. 20000. He later sold it to Olive for Rs. 23000. Olive sold it to Sarah for double the profit percentage that Almond earned. At what price should Sarah sell this painting to earn 8% profit ?
Options- A. Rs. 34,410
- B. Rs. 31,184
- C. Rs. 29,999
- D. Rs. 32,292 Discuss
- 5. An item is sold at a loss of 10%. Had it sold for Rs. 9 more, a profit of 25/2% would have gained. What is the cost price of the item?
Options- A. Rs. 90
- B. Rs. 75
- C. Rs. 55
- D. Rs. 40 Discuss
- 6. Shamma lends Rs.40,000 to two of her friends. She gives Rs.24,000 to the first at 8% p.a. simple interest. Shamma wants to make a profit of 10% on the whole. The simple interest rate at which she should lend the remaining sum of money to the second friend is:
Options- A. 13%
- B. 8.5%
- C. 9.5%
- D. 11.25% Discuss
- 7. Raghu earns 25% on an investment but loses 10% on another investment. If the ratio of the two investment is 3:5. What is the gain or loss on two investments taken together ?
Options- A. 1.251 %
- B. 3.125 %
- C. 7.21 %
- D. 9.451 % Discuss
- 8. A man sold two flats for Rs. 4.15 lakhs each. On one he gained 2% and on the other he lost 2%. What percent is the effect of the sale on the whole ?
Options- A. 0.25 %
- B. 0.04 %
- C. 0.5 %
- D. 0 % Discuss
- 9. Cost Price of 22 articles is same as the Selling Price of 18 articles, find the profit percentage?
Options- A. 33.33%
- B. 22.22%
- C. 11.11%
- D. 1% Discuss
- 10. Mr. X sold two properties P1 and P2 for Rs 1,00,000 each. He sold property P1 for 20% less than what he paid for it. What is the percentage of profit of property P2, so that he is not in gain or loss on the sale of two properties?
Options- A. 33.33%
- B. 29.97%
- C. 25%
- D. 22.22% Discuss
Profit and Loss problems
Search Results
Correct Answer: 80 kgs
Explanation:
Say total cost price of tea is x.
Then total profit at a rate of 15% is = (15x/100)
According to question,
15x/100 = 60
so x = 400
C.p of the tea is Rs. 400.
so total selling price will be = (400+60) = Rs.460
so the quantity of the tea will be = (460/5.75) = 80kg.
Correct Answer: Rs. 620
Explanation:
Let the C.P of one item is Rs. P
and that of other is Rs. (7500 - P)
According to the data given
C.P = S.P
=> Px(116/100) + (7500-P)x(86/100) = 7500
=> 30P = 105000
=> P = 3500
Required difference between selling prices
= Rs. [(3500/100) x 116] - [(4000/100) x 86]
= 4060-3440
= Rs. 620
Correct Answer: Rs. 11,250
Explanation:
Given that SP = Rs. 12000 - 10% = Rs. 10,800
Loss% = 4
We know that, C.P = 100/(100 - Loss%) x 100
=> 100/100-4 x 10800
=> 1080000/96
C.P = Rs. 11,250
Correct Answer: Rs. 32,292
Explanation:
Almond Selling price = CP(1 + P%/100)
=> CP = 20000, SP = 23000
=> 23000 = 20000 (1 + P/100)
=> P% = 100(23000/20000 - 1) = 15
Then, Olive's P% = 30%
SP for Olive = CP for Sarah = 23000(1 + 30/100) = 29900
Now Sarah wants to earn profit of 8%
=> Sp for Sarah = 29900(1 + 8/100)
= Rs. 32,292.
Correct Answer: Rs. 40
Explanation:
Let the cost price of the item = Rs. 50
Sold at 10% loss => for Rs. 50 loss S.P = Rs. 45
From the given data,
25/2 % gain if it is sold at Rs. 9 more
56.25 - 45 = 9
=> 11.25 = 9
=> 22.5 = 18
=> 45 = 36
=> 50 = ?
=>
Hence, the Cost price of the item = Rs. 40.
Correct Answer: 13%
Explanation:
The ratio of money she lended is
24000 : 16000 = 3 : 2
Let the rate of interest be R%
8% R%
10
3 : 2
R = 13%.
Correct Answer: 3.125 %
Explanation:
Taking the 2 investments to be 3x and 5x respectively
Total income of Raghu = (3x) x 1.25 + (5x) x 0.9 = 8.25
Therefore, Gain% = 0.25/8 x 100 = 3.125 %.
Correct Answer: 0.04 %
Explanation:
In this type cases we always have loss only.
Loss% = = = 1/25 = 0.04 %
Correct Answer: 22.22%
Explanation:
Let the cost price of 1 article = Rs. 1
From the given data,
Then, the selling price of 1 article = 22/18 = 11/9
Then, Profit = SP - CP = 11/9 - 1 = 2/9
Required, profit % = Profit/CP x 100
= [(2/9)/1] x 100
= 200/9
= 22.222%.
Correct Answer: 33.33%
Explanation:
Let 'A' be the cost price of property P1.
Then from the given data, the selling price of P1 = Rs. 1,00,000
He got 20% loss on selling P1
Therefore, the amount he lossed on selling P1 = 25,000
As ge he got no loss or gain on sale of P1 and P2, the gain on selling P2 = 25,000
But the selling price of P2 = 1,00,000 => Cost price of P2 = 75,000
Hence, the profit percentage on P2 =
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