When a discount of 20% is given on a lunch buffet, the profit is 42%. If the dis

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Question
When a discount of 20% is given on a lunch buffet, the profit is 42%. If the discount is 15%, then the profit is
Options
A. 57 percent
B. 50.875 percent
C. 63.125 percent
D. 44.75 percent

Correct Answer

50.875 percent

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Profit and Loss problems

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1. A trader had 12 quintals of wheat. He sold a part of it at 13% profit and the rest at 23% profit, so that he made a total profit of 17 %. How much wheat did he sell at 23% profit?
Options
A. 720 kg
B. 240 kg
C. 480 kg
D. 960 kg

2. A used car dealer sells a car for Rs 7.6 lakhs and makes some loss. If he had sold it for Rs 9.2 lakhs his profit would have been thrice his loss. What was the cost price of the car (in Rs lakhs)?
Options
A. 8.5
B. 8.75
C. 8.25
D. 8

3. A dishonest milkman buys milk at Rs 24 per litre and adds 1/3 of water to it and sells the mixture at Rs 32 per litre. What is his gain?
Options
A. 33.33 percent
B. 50 Percent
C. 77.78 percent
D. 66.67 percent

4. A used two-wheeler dealer sells a scooter for Rs 46,000 and makes some loss. If he had sold it for Rs 58,000 his profit would have been double his loss. What was the cost price (in Rs) of the scooter?
Options
A. 52000
B. 54000
C. 48000
D. 50000

5. A man bought 500 metres of electronic wire at 50 paise per metre. He sold 50% of it at a profit of 5%. At what percent should he sell the remainder so as to gain 10% on the whole transaction?
Options
A. 13%
B. 12.5%
C. 15%
D. 20%

7. Deepak found that he had made a loss of 10% while selling his smartphone. He also found that had he sold it for ` 50more, he would have made a profit of 5%. The initial loss was what percentage of the profit earned, had he sold the smartphone for a 5% profit ?
Options
A. 100%
B. 200%
C. 75%
D. 85%

8. Raghu bought an article for Rs. 14,360 and spent Rs. 240 on its transportation. At what amount he has to sell it to get a profit of 15%? (in Rs.)
Options
A. ? 16,000
B. ? 16,790
C. ? 16,150
D. ? 16.500

9. Marked price of an article is 1600 Rs. more than the cost price. When the same article is sold at a discount of Rs. 500 then the percent profit earned is 25%. For earning a profit of 30%, the article should be sold at what price?
Options
A. 5740
B. 5720
C. 5620
D. 5730

10. A dishonest shopkeeper professes to sell his groceries at his cost price but uses a false weight of 900 grams for each kilogram. Find his gain percentage.
Options
A. 91/9 %
B. 100/9%
C. 100/11 %
D. 95/9%

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