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- Question
By selling 90 pens for Rs 80 a man loses 20%. What should be the selling price (in Rs) of 90 pens for 20% profit?
Options- A. 90
- B. 100
- C. 110
- D. 120
- Correct Answer
- 120
- 1. A man buys a trouser in Rs.1250. By reduction of 20% in the price of trouser, he can purchase a t-shirt also in the same amount that was initially paid for the trouser. Find the price of the t-shirt?
Options- A. Rs. 250
- B. Rs. 125
- C. Rs. 225
- D. Rs. 200 Discuss
- 2. A guy walks into a store and steals Rs. 100 from the store without the owner's knowledge. He then buys Rs. 60 worth of goods using that Rs. 100 and the owner gies Rs. 40 in change. How much money did the owner lose?
Options- A. RS. 200
- B. Rs. 160
- C. Rs. 100
- D. Rs. 40 Discuss
- 3. Watson bought a book for Rs. 240 and sold to Johny at a profit of 50%. Johny wants to sell this book to Shekar so that he earns a profit of 25%. But Shekar is adamant at buying this book at a discount of 10%. What marked price should Johny quote to Shekar so as to achieve desired profit ?
Options- A. Rs. 450
- B. Rs. 360
- C. Rs. 415
- D. Rs. 500 Discuss
- 4. A shopkeeper sells two articles at Rs.1000 each, making a profit of 30% on the first article and a loss of 20% on the second article. Find the net profit or loss that he makes ?
Options- A. 0.85 %
- B. 0.95 %
- C. 1.0 %
- D. 1.3 % Discuss
- 5. A wholesale dealer allows a discount of 20 % on the marked price to the retailer. The retailer sells at 5% below the marked price. If the customer pays Rs.19 for an article, what profit is made by the retailer on it ?
Options- A. Rs. 4
- B. Rs. 3
- C. Rs. 5
- D. Rs. 1 Discuss
- 6. A trader mixes 36 kg of rice at Rs. 20 per kg with 14 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:
Options- A. 25%
- B. 21.14%
- C. 22.54%
- D. 27.32% Discuss
- 7. If watches 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 possible profit that might be made in selling nine watches ?
Options- A. Rs. 1800
- B. Rs. 2000
- C. Rs. 2025
- D. Rs. 1750 Discuss
- 8. A shopkeeper who deals in books sold a book at 16% loss. Had she charged an additional Rs.60 while selling it , her profit would have been 14%. Find the cost price, in rupees, of the book ?
Options- A. Rs. 185
- B. Rs. 154
- C. Rs. 200
- D. Rs. 177 Discuss
- 9. Sambhu buys rice at Rs. 10/kg and puts a price tag on it so as to earn a profit of 20%. However, his faulty balance shows 1000 gm when it is actually 800 gm. What is his actual gain percentage ?
Options- A. 50%
- B. 25%
- C. 75%
- D. 60% Discuss
- 10. There are two shopkeepers, first shopkeeper calculates his profit percent on the selling price whereas the second shopkeeper calculates his profit percent on the cost price. If the selling price for both the shopkeeper is same and the difference between their profits is Rs.175. Then, calculate the sum of the cost price for both the shopkeeper if the profit percent for the both shopkeeper is 25%?
Options- A. Rs 5425
- B. Rs 4875
- C. Rs 4675
- D. Rs 5275 Discuss
Profit and Loss problems
Search Results
Correct Answer: Rs. 250
Explanation:
Initial amount spent on trouser by the man = Rs. 1250
Now, by the reduction of 20% in 1250, he can buy t-shirt too.
=> t-shirt cost = 20% of 1250 = 20 x 1250/100 = 250
Therefore, the price of the t-shirt = Rs. 250.
Correct Answer: Rs. 100
Explanation:
The first lost Rs. 100, but after the thief bought Rs. 60 goods, he get that Rs. 100 back but he lost Rs. 60 value of goods and Rs. 40 in change.
So, a total of 60 + 40 = 100 Rs. the owner lose.
Correct Answer: Rs. 500
Explanation:
Watson bought the book for Rs. 240 and sold to Johny at a profit of 50%.
S.P = C.P(1 + P%/100)
=> S.P for Watson = C.P for Johny = 240(1 + 50/100) = 240 x 1.5 = Rs. 360
Let Johny quoted the marked price of the book as Rs. M
We know, SP = M.P(1 - Discount(%)/100)
Here discount = 10% to Shekar,
S.P for Johny = M(1 - 10/100) = 0.9M
But Johny want to earn 25% profit,
=> S.P = C.P(1 + P%/100)
=> 0.9M = 360(1 + 25/100)
=> M = (360x1.25)/0.9
=> M = Rs. 500
Therefore, Johny should quote Rs. 500 as the marked price of the book to get 25% profit and allowing 10% discount to Shekar.
Correct Answer: 0.95 %
Explanation:
SP of first article = 1000
Profit = 30%
CP = (SP)x[100/(100+P)] = 10000/13
SP of second article = 1000
Loss = 20%
CP = (SP)x[100/(100-L)] = 5000/4 = 1250
Total SP = 2000
Total CP = 10000/13 + 1250 = 2019.23
CP is more than SP, he makes a loss.
Loss = CP-SP = 2019.23 - 2000 = 19.23
Loss Percent = [(19.23)/(2019.23)]x100 = 0.95 %.
Correct Answer: Rs. 3
Explanation:
Let wholesaler dealers marked price = 100%, Retailer's C.P = 80%
And the retailer sells at 5% less than the marked price => S.P = 95%
If S.P of 95% of the retailer costs Rs.19 to customer,so its C.P of 80% will cost 80 x 19/95 = 16
Profit made by the retailer = 19-16 = Rs.3
Correct Answer: 22.54%
Explanation:
C.P. of 50 kg rice = Rs. (36 x 20 + 14 x 36) = Rs. (720 + 504) = Rs.1224.
S.P. of 56 kg rice = Rs. (50 x 30) = Rs.1500.
Profit = 1500 - 1224 = Rs.276
Profit % = = = 22.54%.
Correct Answer: Rs. 2025
Explanation:
Profit would be maximum if watches are brought for Rs. 200 and sold for Rs. 425
Profit = Rs. (425 - 200) = Rs. 225
Profit of 9 watches = Rs. 225 x 9 = Rs.2,025.
Correct Answer: Rs. 200
Explanation:
Let the C.P be 'x'
Then, the selling price S.P = x - 16x/100
= 84x/100 = 21x/25
Now, if the S.P is 60 more, then the profit is 14%
=> 21x/25 + 60 = x + 14x/100
=> 114x/100 - 21x/25 = 60
=> (57 - 42)x/50 = 60
=> 15x/50 = 60
x = 3000/15 = 200
Therefore, the Cost price C.P = x = Rs. 200
Correct Answer: 50%
Explanation:
CP of 1000gm = Rs. 10
SP of 800gm = Rs. 12
SP of 1000gm =12x1000/800 = Rs. 15
Now take 1000gm as reference to calculate profit.
Profit=SP-CP=15-10=Rs. 5
Profit % = 5x100/10 = 50%
Correct Answer: Rs 5425
Explanation:
Let the selling price for each of the shopkeeper be Rs 100x
For 1st shopkeeper
SP= Rs 100x
CP=100
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