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- Question
In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?
Options- A. 30%
- B. 70%
- C. 100%
- D. 250%
- Correct Answer
- 70%
Explanation
Let C.P.= Rs. 100. Then, Profit = Rs. 320, S.P. = Rs. 420.New C.P. = 125% of Rs. 100 = Rs. 125
New S.P. = Rs. 420.
Profit = Rs. (420 - 125) = Rs. 295.
∴ Required percentage = ❨ 295 x 100 ❩% = 1475 % = 70% (approximately). 420 21 - 1. A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?
Options- A. Rs. 1090
- B. Rs. 1160
- C. Rs. 1190
- D. Rs. 1202 Discuss
- 2. A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?
Options- A. 3
- B. 4
- C. 5
- D. 6 Discuss
- 3. A shopkeeper sells one transistor for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. His total gain or loss percent is:
Options- A. 5 15⁄17 % loss
- B. 5 15⁄17 % gain
- C. 6 2⁄3 % gain
- D. None of these Discuss
- 4. When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?
Options- A. Rs. 21,000
- B. Rs. 22,500
- C. Rs. 25,300
- D. Rs. 25,800 Discuss
- 5. On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is:
Options- A. Rs. 45
- B. Rs. 50
- C. Rs. 55
- D. Rs. 60 Discuss
- 6. A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?
Options- A. Rs. 18.20
- B. Rs. 70
- C. Rs. 72
- D. Rs. 88.25 Discuss
- 7. A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:
Options- A. No profit, no loss
- B. 5%
- C. 8%
- D. 10%
- E. None of these Discuss
- 8. The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:
Options- A. 15
- B. 16
- C. 18
- D. 25 Discuss
- 9. What percentage of numbers from 1 to 70 have 1 or 9 in the unit's digit?
Options- A. 1
- B. 14
- C. 20
- D. 21 Discuss
- 10. In an election between two candidates, one got 55% of the total valid votes, 20% of the votes were invalid. If the total number of votes was 7500, the number of valid votes that the other candidate got, was:
Options- A. 2700
- B. 2900
- C. 3000
- D. 3100 Discuss
Profit and Loss problems
Search Results
Correct Answer: Rs. 1190
Explanation:
| S.P. = 85% of Rs. 1400 = Rs. | ❨ | 85 | x 1400 | ❩ | = Rs. 1190 |
| 100 |
Correct Answer: 5
Explanation:
C.P. of 6 toffees = Re. 1
| S.P. of 6 toffees = 120% of Re. 1 = Rs. | 6 |
| 5 |
| For Rs. | 6 | , toffees sold = 6. |
| 5 |
| For Re. 1, toffees sold = | ❨ | 6 x | 5 | ❩ | = 5. |
| 6 |
Correct Answer: 5 15⁄17 % gain
Explanation:
| C.P. of 1st transistor = Rs. | ❨ | 100 | x 840 | ❩ | = Rs. 700. |
| 120 |
| C.P. of 2nd transistor = Rs. | ❨ | 100 | x 960 | ❩ | = Rs. 1000 |
| 96 |
So, total C.P. = Rs. (700 + 1000) = Rs. 1700.
Total S.P. = Rs. (840 + 960) = Rs. 1800.
| ∴ Gain % = | ❨ | 100 | x 100 | ❩% | = 5 | 15 | % |
| 1700 | 17 |
Correct Answer: Rs. 25,300
Explanation:
85 : 18700 = 115 : x
| ⟹ x = | ❨ | 18700 x 115 | ❩ | = 25300. |
| 85 |
Hence, S.P. = Rs. 25,300.
Correct Answer: Rs. 60
Explanation:
(C.P. of 17 balls) - (S.P. of 17 balls) = (C.P. of 5 balls)
⟹ C.P. of 12 balls = S.P. of 17 balls = Rs.720.
| ⟹ C.P. of 1 ball = Rs. | ❨ | 720 | ❩ | = Rs. 60. |
| 12 |
Correct Answer: Rs. 72
Explanation:
| C.P. = Rs. | ❨ | 100 | x 392 | ❩ | = Rs. | ❨ | 1000 | x 392 | ❩ | = Rs. 320 |
| 122.5 | 1225 |
∴ Profit = Rs. (392 - 320) = Rs. 72.
Correct Answer: 5%
Explanation:
C.P. of 56 kg rice = Rs. (26 x 20 + 30 x 36) = Rs. (520 + 1080) = Rs. 1600.
S.P. of 56 kg rice = Rs. (56 x 30) = Rs. 1680.
| ∴ Gain = | ❨ | 80 | x 100 | ❩% = 5%. |
| 1600 |
Correct Answer: 16
Explanation:
Let C.P. of each article be Re. 1 C.P. of x articles = Rs. x .
S.P. of x articles = Rs. 20.
Profit = Rs. (20 - x).
| ∴ | ❨ | 20 - x | x 100 = 25 | ❩ |
| x |
⟹ 2000 - 100x = 25x
125x = 2000
⟹ x = 16.
Correct Answer: 20
Explanation:
Clearly, the numbers which have 1 or 9 in the unit's digit, have squares that end in the digit 1. Such numbers from 1 to 70 are 1, 9, 11, 19, 21, 29, 31, 39, 41, 49, 51, 59, 61, 69.
Number of such number =14
| ∴ Required percentage = | ❨ | 14 | x 100 | ❩% = 20%. |
| 70 |
Correct Answer: 2700
Explanation:
Number of valid votes = 80% of 7500 = 6000.
∴ Valid votes polled by other candidate = 45% of 6000
| = | ❨ | 45 | x 6000 | ❩ | = 2700. |
| 100 |
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