ITC sells one product at a profit of 20% another at a loss of 20% at the same se

CuriousTab

CuriousTab

Home Aptitude

Discussion

Home ‣ Aptitude ‣ Profit and Loss Comments

Question
ITC sells one product at a profit of 20% another at a loss of 20% at the same selling price. what is the loss incurred by ITC?
Options
A. 1 %
B. 2 %
C. 4 %
D. 0 %

Correct Answer

4 %

Explanation

Loss % = ( common gain or loss / 10 )² %
= (20 / 10)² %
= 4%

Profit and Loss problems

Search Results

1.
The CP of 19 articles is same as the selling price of 29 articles. what is the loss %?
Options
A. 35 %
B. 34.48 %
C. 52.63 %
D. none of these

2.
A shopkeeper sold 12 cameras at a profit of 20% and 8 cameras at a profit of 10%. If he had sold all the 20 cameras at a profit of 15% , then his profit would have been reduced by Rs. 36. what is the cost price of each camera?
Options
A. 100
B. 150
C. 180
D. 220

3.
The profit percentage on the three articles A , B and C is 10%,20% and 25% and the ratio of the cost price is 1 : 2 : 4 . Also the ratio of number of articles sold of A , B and C is 2 : 5 : 2 then the overall profit percentage is :
Options
A. 18.5 %
B. 21 %
C. 75 %
D. none of these

4.
An item was sold after giving two successive discount of 20% and 10% respectively. If the item was sold for Rs. 468. The marked price of that item is :
Options
A. 600
B. 500
C. 575
D. 650

5.
A single discount equivalent to three successive discounts of 5% , 10% , 20% is :
Options
A. 68.4 %
B. 35 %
C. 31.6 %
D. 32 %

6.
ITC sells one product at a profit of 20% another at a loss of 20% at the same selling price. , If SP of each article be Rs. 200, what is the amount of loss?
Options
A. Rs. 10
B. Rs. 16
C. Rs. 16.66
D. none of these

7.
A wholesaler sells toys at a profit of 20% to a retailer and retailer sells these toys to its customer at a profit of 25%. What is the profit percentage of the retailer?
Options
A. 5%
B. 80%
C. 20%
D. 25%

8.
At kul - kul petrol pump the operator gives 5% less petrol but he sells it at the cost price.What is his profit in this way?
Options
A. 5%
B. 5.6%
C. 5.26%
D. 4.78%

9.
Abhinav save Rs. 25 by getting 6.66% discount on a textbook.What is the amount of money (in Rs.) paid by him?
Options
A. 450
B. 350
C. 225
D. 375

10.
Abhishek and Bhanu both are dealers of KML scooters.The price of a KML Scooter is Rs. 28,000.Abhishek gives a discount of 10% on whole, while Bhanu gives a discount of 12% on the first Rs 20,000 and 8% on the rest Rs. 8000. What is the difference between their selling price?
Options
A. Rs.240
B. Rs.420
C. Rs.640
D. none of these

Comments

More in Aptitude: