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Home ‣ Aptitude ‣ Profit and Loss Comments
  • Question

  • 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

  • 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

    • Tags: Bank Clerk, Bank PO, AIEEE, Bank Exams, CAT

    Profit and Loss problems

    Search Results

    • 1. 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
    • 2. 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
    • 3. 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
      • Discuss
    • 4. 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
    • 5. 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
    • 6. 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
    • 7. 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
    • 8. A rice trader buys 25 quintals of rice for Rs 1,825. 27% rice is lost in transportation. At what rate should he sell to earn 20% profit?

    • Options
    • A. Rs 44.4 per quintal
    • B. Rs 120 per quintal
    • C. Rs 87.6 per quintal
    • D. Rs 115.8 per quintal
      • Discuss
    • 9. A shopkeeper allows 25% discount on the marked price of an article and he suffered a loss of 15%. What will be the profit percent if the article is sold at marked price?

    • Options
    • A. 11.76
    • B. 12.12
    • C. 13.33
    • D. 14.28
      • Discuss
    • 10. Profit obtained on selling an article for Rs 540 is equal to the loss incurred on selling the article for Rs 370. If selling price is Rs. 910, then what is the profit percentage?

    • Options
    • A. 25
    • B. 33
    • C. 50
    • D. 100
      • Discuss

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