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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. , 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 

    Explanation

    Loss % = ( 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


  • Profit and Loss problems


    Search Results


    • 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


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