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- Question
Mr. Kiran sold a bus for Rs. 18700 at a loss of 15%. At what price should the bus be sold to get a profit of 15%?
Options- A. Rs. 25523
- B. Rs. 25522
- C. Rs. 25300
- D. Rs. 25521
- Correct Answer
- Rs. 25300
- 1. 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
- 2. 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
- 3. 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
- 4. 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
- 5. 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
- 6. Selling price of a glass is Rs 1965 and loss percentage is 25%. If selling price is Rs 3013, then what will be the profit percentage?
Options- A. 13
- B. 10.4
- C. 15
- D. 20 Discuss
- 7. The cost price of 60 articles is same as the selling price of x articles. If there is a profit of 20%, then what is the value of x?
Options- A. 15
- B. 30
- C. 50
- D. 80 Discuss
- 8. Mohit buys an old bicycle for Rs 2700 and spends Rs 500 on its repairs. If he sells the bicycle for Rs 3520, then what is his profit percentage?
Options- A. 10
- B. 12.5
- C. 15
- D. 20 Discuss
- 9. A shopkeeper marks up his wares by 80% and offers 20% discount. What will be the selling price (in Rs) if the cost price is Rs 450?
Options- A. 548
- B. 748
- C. 848
- D. 648 Discuss
- 10. The marked price of a chair is 40% more than its cost price. If the chair is sold for Rs 520 after a discount of Rs 40, then what will be the profit percentage?
Options- A. 33
- B. 40
- C. 25
- D. 30 Discuss
Profit and Loss problems
Search Results
Correct Answer: 53.84 %
Explanation:
100
65
-------
65 ------- 35
100 ------ ? => 53.84 %
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: 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: 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: 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: 15
Correct Answer: 50
Correct Answer: 10
Correct Answer: 648
Correct Answer: 30
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