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- Question
A trader had 22 quintals of wheat. He sold a part of it at 23% profit and the rest at 33% profit, so that he made a total profit of 27%. How much wheat did he sell at 33% profit?
Options- A. 1320 kg
- B. 440 kg
- C. 880 kg
- D. 1760 kg
- Correct Answer
- 880 kg
- 1. 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
- 2. 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
- 3. 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
- 4. 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
- 5. 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
- 6. In a certain Business, the profit is 220% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit ?
Options- A. 61%
- B. 75%
- C. 55%
- D. 81% Discuss
- 7. A shopkeeper sells two articles at Rs.1000 each, making a profit of 20% on the first article and a loss of 20% on the second article. Find the net profit or loss that he makes?
Options- A. 2%
- B. 4%
- C. 3%
- D. 2.5% Discuss
- 8. A man sell 35 waffers for Rs. 15 each and loses Rs. 40.4. If he sells 35 waffers for Rs. 18, how much does he loss or gain ?
Options- A. Rs. 64
- B. Rs. 52
- C. Rs. 72
- D. Rs. 55 Discuss
- 9. A certain sum of money is invested for one year at a certain rate of simple interest. If the rate of interest is 3% higher, then the invest earned will be 25% more than the interest earned earlier. What is the earlier rate of interest ?
Options- A. 4% p.a.
- B. 6% p.a.
- C. 8% p.a.
- D. 12% p.a. Discuss
- 10. The price of an article has been reduced by 35%. In order to restore the original price the new price must be increased by ?
Options- A. 51.8 %
- B. 49.25 %
- C. 47.2 %
- D. 53.84 % Discuss
Profit and Loss problems
Search Results
Correct Answer: 100
Correct Answer: 13.33
Correct Answer: Rs 120 per quintal
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
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: 61%
Explanation:
Let C.P.= Rs. 100.
Then, Profit = Rs.220,
S.P. = Rs.320.
New C.P. = 125% of Rs. 100 = Rs. 125
New S.P. = Rs.320.
Profit = Rs. (320 - 125) = Rs. 195
Required percentage = == 60.9 =~ 61%
Correct Answer: 4%
Explanation:
SP of first article = 1000
Profit = 20%
CP = = 5000/6 = 2500/3
SP of second article = 1000
Loss = 20%
CP = = 5000/4 = 1250
Total SP = 2000
Total CP = + 1250 = 6250/3
CP is more than SP, he makes a loss.
Loss = CP-SP = (6250/3)- 2000 = 250/3
Loss Percent =
= 4%
Correct Answer: Rs. 64
Explanation:
Given Loss = Rs. 40.4
We know loss = cost price - selling price
40.4 = CP - 35(15)
=> CP = 40.4 + 525
=> CP = Rs. 565.4
Now the New selling price of waffer is Rs. 18
=> SP = 35(18) = 630
Now Gain = SP - CP = 630 -565.4 = Rs. 64.6.
Correct Answer: 12% p.a.
Explanation:
If the interest earned is 25% more than the earlier interest then the rate of interest also should be 25% higher than the earlier rate.
Let the earlier rate of interest be x%.
Now it will be (x + 3)%
% increase = (x + 3) - x/x * 100 = 25
=> x = 12%
Correct Answer: 53.84 %
Explanation:
100
65
-------
65 ------- 35
100 ------ ? => 53.84 %
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