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- Question
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
- Correct Answer
- 10
- 1. 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
- 2. 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
- 3. 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 Discuss
- 4. 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
- 5. 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
- 6. 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
- 7. 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
- 8. A shopkeeper by selling 5 items, earns a profit equal to the selling price of 1 item. What is his profit percentage?
Options- A. 20%
- B. 25%
- C. 16%
- D. 22.5% Discuss
- 9. A trader buys 500 kgs of cotton for Rs 9,000. 10% of this cotton is spoiled due to rain. At what rate (Rs/Kg) should he sell the rest to earn 10% profit?
Options- A. 25
- B. 30
- C. 22
- D. 20 Discuss
- 10. A shopkeeper wants to earn 33% profit on an article after offering 30% discount. By how much percentage more he should mark the price of his article above cost price?
Options- A. 90
- B. 63
- C. 69
- D. 72 Discuss
Profit and Loss problems
Search Results
Correct Answer: 50
Correct Answer: 15
Correct Answer: Rs. 25300
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: 648
Correct Answer: 30
Correct Answer: 25%
Correct Answer: 22
Correct Answer: 90
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