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- Question
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
- Correct Answer
- 30
- 1. 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
- 2. 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
- 3. 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
- 4. 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
- 5. 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
- 6. 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
- 7. 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
- 8. 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
- 9. Arun is a cashew merchant in Telangana. He has cashews in sealed wooden boxes of 10kg each. The price of the cashew increases by Rs.20 per kg for every year, but at the same time, 10% of the cashews are eaten by rodents every year. If the price of a 1 kg of fresh cashew is Rs.120, what is the change in his profits if he sells a sealed box after one year of storage, rather than selling it fresh ? (In Rs.)
Options- A. Rs. 60
- B. Rs. 54
- C. Rs. 80
- D. Rs. 75 Discuss
- 10. A person sold two cows each for Rs.9900. If he gained 10% on one and lost 20% on the other, then which of the following is true ?
Options- A. He lost Rs. 200
- B. He gained Rs. 200
- C. Neither he gained nor lost
- D. None of the above Discuss
Profit and Loss problems
Search Results
Correct Answer: 648
Correct Answer: 10
Correct Answer: 50
Correct Answer: 15
Correct Answer: Rs. 25300
Correct Answer: 25%
Correct Answer: 22
Correct Answer: 90
Correct Answer: Rs. 60
Explanation:
Price of 1kg fresh cashew = Rs.120
Therefore, price of 10kg = Rs.120 x 10 = Rs.1200
10% of 10kg which eaten by rodents = 10 x 10/100 = 1kg.
So, End of Year he had 10kg - 1kg = 9kg
So, he sells that 9kg with Rs.20 per kg profit = 9 x 140 = 1260.
He buy 10kg wooden box with cashew for Rs.1200 and sell that for Rs. 1260
So, profit = 1260 - 1200 = Rs.60 more money he get.
Correct Answer: None of the above
Explanation:
In first he got Rs. 990
But in second he lost Rs. 1980
So he lost Rs. 990.
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