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- Question
- 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
- Correct Answer
- Rs. 16.66
ExplanationLoss % = ( common gain or loss / 10 )2 %
= (20 / 10)2 %
= 4%
Now assume total CP of both articles be x, then SP = 0.96x = 400
x = 400 / 0.96 = CP
loss = 4% of CP
= (4 / 100) X (400 / 0.96) = Rs. 16.66 - 1. 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 % Discuss
- 2. 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 Discuss
- 3. 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 Discuss
- 4. 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 Discuss
- 5. 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 Discuss
- 6. 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% Discuss
- 7. 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% Discuss
- 8. 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 Discuss
- 9. 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 Discuss
- 10. A trader sells two articles, one at a loss of 10% and another at a profit of 15% but finally there is no loss or gain.If the total sale price of these two articles is Rs.30,000, find the difference between there cost price :
Options- A. Rs.5000
- B. Rs.6000
- C. Rs.7500
- D. none of these Discuss
Profit and Loss problems
Search Results
Correct Answer: 4 %
Explanation:
Loss % = ( common gain or loss / 10 )2 %
= (20 / 10)2 %
= 4%
Correct Answer: 34.48 %
Explanation:
CP / SP = 29x / 19x
loss % = 29x - 19x / 29x X 100 = 34.48 %
(To understand the concept assume CP of each article Rs 29 and SP of each article = Rs. 19)
Correct Answer: 180
Explanation:
Go through option C
180 x 12 x 1.2 + 180 x 8 x 1.1 = 180 [ 14.4 + 8.8 ]
= 180 (23.2) = 4176
And 180 x 20 x 1.15 = 4140
Therefore loss = 4176 - 4140 = 36
Hence option (c) is correct
Correct Answer: 21 %
Explanation:
CP of A + B + c = 2xy + 5x*2y - 2x*4y = 20xy
profit of A = 0.2xy
profit of B = 2xy
profit of C = 2xy
Total profit = 4.2xy
% profit = (4.2xy / 20xy) X 100 = 21%
Correct Answer: 650
Explanation:
Let the price be y , then
y x 0.8 x 0.9 = 468
? x=650, therefore marked price = Rs. 650
Alternatively : 650 X 0.8 X 0.2 = 468
Hence option (d) is correct
Correct Answer: 25%
Explanation:
Its simple i.e. 25% nothing else, which is very obvious
Correct Answer: 5.26%
Explanation:
He sells 95 litre petrol at the price of 100 litre.
So profit % = [ 5 / 95 ] X 100 = 5.26%
Correct Answer: 350
Explanation:
6.66% of MP = 25
? MP = 375
? SP = MP - 25 = 350
Correct Answer: Rs.240
Explanation:
Abhishek Discount = 2800
Bhanu Discount =2400+640=3040
The difference in selling price is same as difference in discount = 3040 - 2800 = Rs.240
Correct Answer: Rs.6000
Explanation:
From the question
10 % x = 15% of y ...(i)
x+y = 30000 ...(ii)
from eq. (i)
x / y = 3/2 ...(iii)
by solving eq. (ii) & (iii)
x = 18000, y = 12000
Hence, the difference =6000
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