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- Question
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%
- Correct Answer
- 100/9%
ExplanationShopkeeper sells at CP using weight of 900 gm instead of1 kg
So, 1000gm ?900 gm = 100gm
?100/900 X 100
?100/9 %
- 1. 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 Discuss
- 2. 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 Discuss
- 3. 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% Discuss
- 4. Profit of Rs 104000 has to be divided among three partners Ashok, Bimla and Chirag in the ratio 6:4:3. How much does Chirag get?
Options- A. 24000
- B. 32000
- C. 48000
- D. 12000 Discuss
- 5. 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 Discuss
- 6. A trader sold an article at profit of 20%. Had he bought that article at 60% less price and sold it at Rs 90 less, then he would have gained 50%. What is the value (in Rs) of cost price?
Options- A. 150
- B. 200
- C. 250
- D. 300 Discuss
- 7. Amit donated 20% of his income to a school and deposited 20% of the remainder in his bank. If he is having Rs 12800 now, then what is the income (in Rs) of Amit?
Options- A. 18000
- B. 20000
- C. 24000
- D. 32000 Discuss
- 8. The marked price of an article is 20% more than its cost price. If 5% discount is given on the marked price, then what is the profit percentage?
Options- A. 5
- B. 14
- C. 15
- D. 25 Discuss
- 9. A person bought pens at 25 for a rupee and sold at 15 for a rupee. What is his profit percentage?
Options- A. 16 2/3
- B. 33 1/3
- C. 40
- D. 66.6 Discuss
- 10. A shopkeeper offers 2.5% discount on cash purchases . What cash amount would Rohit pay for a cycle , the marked price of which is Rs.3600 ?
Options- A. Rs. 3490
- B. Rs. 3500
- C. Rs. 3510
- D. Rs. 3520 Discuss
Profit and Loss problems
Search Results
Correct Answer: 5720
Explanation:
Ans. B.
According to the question ,
Marked Price = 1600 + Cost price - (i)
MP ? 500 = 125/100 * CP - (ii)
MP = 5/4 CP + 500 - (ii)
4MP = 5CP + 2000 -(ii)
Solving (i) and (ii)
Cost Price = 4400
Now , the selling price
= 130/100 * 4400
= 5720
Correct Answer: ? 16,790
Correct Answer: 200%
Correct Answer: 24000
Correct Answer: 50.875 percent
Correct Answer: 150
Correct Answer: 20000
Correct Answer: 14
Correct Answer: 66.6
Correct Answer: Rs. 3510
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