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- Question
Every year before the festive season, a brand store increases the price of the product by 42% and then introduce two successive discount of 10% and 11% respectively. What is percentage loss and percentage gain ?
Options- A. 3.25% loss
- B. 13.742% loss
- C. 3.25% gain
- D. 13.742% gain
- Correct Answer
- 13.742% gain
ExplanationLet CP = 100,
42 % increase => SP = 142
10 % discount in SP => ((142 x 10)/100) = 14.2
So 1st SP = (142 - 14.2) = 127.8, again 12 % discount in 1st SP ((127.8 x 11)/100) = 14.058
2nd SP = (127.8 - 14.058) = 113.742,
So finally CP = 100, SP = 113.742, => gain = 13.742%. - 1. The marked price of an article is increased by 25% and the selling price is increased by 16.66%, then the amount of profit doubles. If the original marked price be Rs. 400 which is greater than the corresponding cost price by 33.33%, what is the increased selling price?
Options- A. Rs. 380
- B. Rs. 420
- C. Rs. 460
- D. Rs. 440 Discuss
- 2. The market price of an article was 40% more than its cost price. Rana was going to sell it at market price to a customer, but he showed Rana some defects in the article, due to which Rana gave him a discount of 28.57%. Next day he came again and showed Rana some more defects, hence he gave him another discount that was equal to 12.5% of the cost price. What was the approximate profit/loss to Rana ?
Options- A. Loss of 12.5%
- B. Profit of 12.5%
- C. Loss of 24.5%
- D. Profit of 22.5% Discuss
- 3. If books bought at prices ranging from Rs 200 to Rs 350 are sold at prices ranging from Rs 300 to Rs 425, what is the greatest possibleprofit that might be made in selling eight books.
Options- A. 800
- B. 1200
- C. 1600
- D. 1800 Discuss
- 4. A shop keeper sells an article at a loss of 8%, but when he increases the selling price of the article by Rs. 164 he earns a profit of 2.25% on the cost price. If he sells the same article at Rs. 1760, what is his profit percentage?
Options- A. 2.5%
- B. 5%
- C. 10%
- D. 7.5% Discuss
- 5. A trader marked the price of the T.V. 30% above the cost price of the T.V. and gave the purchaser 10% discount on the marked price, thereby gaining Rs.340. Find the cost price of the T.V ?
Options- A. Rs. 2000
- B. Rs. 1600
- C. Rs. 2200
- D. Rs. 2100 Discuss
- 6. A supplier supplies cartridges to a news paper publishing house. He earns a profit of 25% by selling cartridges for Rs. 1540. Find the cost price of the Cartridges ?
Options- A. Rs. 1100
- B. Rs. 1793.4
- C. Rs. 1440
- D. Rs. 1232 Discuss
- 7. While selling a router, a shopkeeper gives a discount of 15%. If he gives a discount of 20%, he earns Rs. 51 less as profit. What is the original marked price of the router?
Options- A. Rs. 1000
- B. Rs. 1020
- C. Rs. 1040
- D. Rs. 980 Discuss
- 8. Mr. Rajan invested Rs 1,00,000 in US Stock Markets when the GBPINR rate was 75. After one year his investment appreciated by 20% in GBP terms. He sold of his investments and repatriated the money to India at the then existing rate of 80. what was real returns in INR?
Options- A. loss of 24%
- B. gain of 28%
- C. loss of 28%
- D. gain of 20% Discuss
- 9. Rishi bought 30 kg of sugar at the rate of Rs. 9 per kg and 45 kg of sugar at the rate of Rs. 10 per kg. He mixed both type of sugar and sold the mixture at the rate of Rs. 9.75 per kg. What was his gain or loss in the selling of whole sugar?
Options- A. Rs. 10.75
- B. Rs. 11.25
- C. Rs. 12
- D. Rs. 13.50 Discuss
- 10. The cost price of 40 Magazines is the same as the selling price of 'P' articles. If the profit is 25%, then the value of 'P' is:
Options- A. 32
- B. 40
- C. 16
- D. 30 Discuss
Profit and Loss problems
Search Results
Correct Answer: Rs. 420
Explanation:
As given in the question, Marked price is 25% more than the Cost price.
=> C.P of the article =
Now,
Let the original S.P of the article be Rs. P
Now the new S.P = P +
=> S.P =
According to the question,
=> 5P = 1800
=> P = Rs. 360
Hence, the increased S.P = 360 x 7/6 = Rs. 420.
Correct Answer: Loss of 12.5%
Explanation:
Let the cost price be Rs. 100
Then, market price is Rs. 140
Now, the first discount is of 28.57% Rs.140 =~ Rs. 40
Hence, its selling price = 140 - 40 = Rs. 100
Now since Rana is selling at cost price, any further discount will be equal to loss percentage.
The next dicount of 12.5% will be the loss percentage to Rana.
Correct Answer: 1800
Explanation:
least cost price = 200*8 = 1600
greatest sold price = 425 * 8 = 3400
profit required = 3400- 1600 = 1800
Correct Answer: 10%
Explanation:
According to the given data,
Let Cost price of the article be 'cp'
Then,
102.25 cp - 92 cp = 164 x 100
10.25 cp = 16400
cp = 1600
Now, if he sells at Rs. 1760
Profit = 1760 - 1600 = 160
Profit% = 160/1600 x 100 = 10%.
Correct Answer: Rs. 2000
Explanation:
Let 'x' be the cost price.
Now Marked price = x + 30x/100 = 13x/10
10% discount = 10/100 x 13x/10 = 13x/100
Selling price = 13x/10 - 13x/100 = 117x/100
Given gain = 340
Here gain = 117x/100 - x = 17x/100 = 340 => x = Rs. 2000.
Correct Answer: Rs. 1232
Explanation:
Let Cost Price(C.P) = P
gain% = {(S.P-C.P)/C.P} x 100
25 = {(1540-P)/P} x 100
25/100 = (1540-P)/P
=> P = 4(1540)-4P
=> 5P = 4(1540)
=> P = 1232
So, Cost Price = Rs. 1232
Correct Answer: Rs. 1020
Explanation:
Let the marked price of the router be Rs. P
From the given data,
Hence, the original marked price of the router is Rs. 1020.
Correct Answer: gain of 28%
Explanation:
Money invested by Rajan before 1 year was = Rs. 100000
Money in UK pounds @ 75 is = 100000/75 = 1333.33 Pounds
Now, after 1 year invested amount was appreciated by 20%
=> 20% of 1333.33 = 266.66
Total investment becomes = 1333.33 + 266.66 = 1600 Pounds
This 1600 Pounds @ Indian currency at 80 = 1600 x 80 = Rs. 1,28,000
Hence, Rajan's investment of Rs. 1,00,000 becomes Rs. 1,28,000 in 1 year
Therefore, his profit % = [(128000 - 100000)/100000] x 100 = 28%.
Correct Answer: Rs. 11.25
Explanation:
Total quantity of sugar = 45 + 30 = 75
Gain or loss can be calculated as
9.75 x 75 - (30 x 9 + 45 x 10)
= 731.25 - 720
= 11.25
Hence, in the overall transaction, Rishi got Rs. 11.25 gain.
Correct Answer: 32
Explanation:
Let C.P. of each Magazine be Rs. 1
C.P. of P articles = Rs. P.
S.P. of P articles = Rs. 40.
Profit = Rs. (40 - P)
Now, Gain% = =
Here = 25
-->P = 32.
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