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- Question
A contractor has got two orders A and B. On one (A) he spends Rs. 25,000 and makes a bill of Rs. 30,500. On the other (B) he makes a bill keeping a profit of 20%. Which of the two orders is more profitable to him?
Options- A. B
- B. A
- C. A nor B
- D. None of the above
- Correct Answer
- A
- 1. Loss of 20% on selling price is equal to x% loss in cost price. What is x?
Options- A. 20%
- B. 20
- C. 16 2/3%
- D. 16 Discuss
- 2. If the cost price of 25 pens is equal to the selling price of 20 pens, then the profit percent is
Options- A. 20%
- B. 25%
- C. 15%
- D. 5% Discuss
- 3. A retailer gets a discount of 40% on the printed price of an article. The retailer sells it at the printed price. His gain percent is
Options- A. 40
- B. 55
- C. 66 2/3
- D. 75 Discuss
- 4. A merchant buys 25 litres of milk daily at the rate of ? 12 per litre. He mixes 5 litres of water in it and sells at the rate ? 10.40 per litre. His gain/loss is:
Options- A. 8% profit
- B. 2% profit
- C. 4% profit
- D. 6% profit Discuss
- 5. A and B invest Rs. 3000 and Rs. 2400 respectively in a business. If after one year there is a loss of Rs. 720, how much loss will B bear? (Loss or Profit is in proportion to their investments)
Options- A. Rs. 72
- B. Rs. 320
- C. Rs..400
- D. Rs. 360 Discuss
- 6. If the loss of percent on article is 15%. Then the ratio of the cost price and sell price will be
Options- A. 17:20
- B. 20:17
- C. 23:15
- D. 15:23 Discuss
- 7. A wholesaler sells a jacket to a retailer at a profit of 25% and the retailer sells it to a customer at a profit of 20%. If the customer pays Rs. 2,400, what had it cost (in Rs) the wholesaler?
Options- A. 2000
- B. 1600
- C. 1800
- D. 2250 Discuss
- 8. A vendor buys 6 bananas for Rs 25 and sells them at 3 for Rs 20. What is his profit percentage?
Options- A. 50
- B. 40
- C. 60
- D. 30 Discuss
- 9. A shopkeeper purchased 510 eggs at the rate of Rs. 20 per dozen. 30 eggs were broken on the way. In order to make a gain of 20%, he must sell the remaining eggs at the rate of
Options- A. Rs. 22.50 per dozen
- B. Rs. 25.50 per dozen
- C. Rs. 26 per dozen
- D. Rs. 26.50 per dozen Discuss
- 10. A man buys 3 type-I cakes and 6 type-II cakes for Rs. 900. He sells type-I cakes at a profit of 15% and type-II cakes at a loss of 10%. If his overall profit is Rs.30, the cost price (in Rs.) of a type-I and of a type-II cakes is
Options- A. 100, 100
- B. 160, 70
- C. 180, 60
- D. 120, 90 Discuss
Profit and Loss problems
Search Results
Correct Answer: 16 2/3%
Correct Answer: 25%
Correct Answer: 66 2/3
Correct Answer: 4% profit
Correct Answer: Rs. 320
Correct Answer: 20:17
Correct Answer: 1600
Correct Answer: 60
Correct Answer: Rs. 25.50 per dozen
Correct Answer: 160, 70
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