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Home Aptitude Profit and Loss Comments

  • Question
  • A trader sells 20 kg of sugar at Rs. 400. A customer asks 20% discount and he agrees to it but instead of 1 kg he gives 4% less sugar. what is the effective discount that the customer gets?


  • Options
  • A. 16 %
  • B. 16.66 %
  • C. 15.5 %
  • D. 19.6 %

  • Correct Answer
  • 16.66 % 

    Explanation

    Let the MP = Re. 1 per kg then
    Initially :
    Weight = 100 kg
    MP = Rs. 100
    Rate = 1 Rs / kg.

    Finally :
    Weight = 96 kg
    MP = Rs. 96
    Rate = 80 / SP = 80/96

    Effective discount = 1- 80 / 96 = 16 / 96
    % discount = [(16 / 96) ]x 100 = 16.66 %


  • Profit and Loss problems


    Search Results


    • 1. 
      The ratio of cost price and marked price of an article is 2:3 and ratio of percentage profit and percentage discount is 3 : 2 what is the discount percentage?

    • Options
    • A. 16.66 %
    • B. 20 %
    • C. 25 %
    • D. 33.33 %
    • Discuss
    • 2. 
      What is percentage profit in selling an article at a discount of 20% which was earlier being sold at a 40% profit?

    • Options
    • A. 20%
    • B. 14%
    • C. 28%
    • D. 12%
    • Discuss
    • 3. 
      A milkman purchase the milk at Rs. x per litre and sells it at Rs. 2x per litre still he mixes 2 litres water with every 6 litres of pure milk. What is the profit percentage?

    • Options
    • A. 116%
    • B. 166.66%
    • C. 60%
    • D. 100%
    • Discuss
    • 4. 
      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
    • 5. 
      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
    • 6. 
      A trader mixes 25% kerosene to his petrol and then he sells the whole mixture at the price of petrol. if the cost price of kerosene be 50 % of the cost price of petrol, what is the net profit percentage?

    • Options
    • A. 11 1/9 %
    • B. 12 1/9 %
    • C. 9 1/11 %
    • D. 20 %
    • Discuss
    • 7. 
      A trader procures his goods from a wholesaler, whose balance reads 1200 g from 1000 g . The trader sells all the procured goods to a customer after marking up the goods at 20% above the cost price. what is his overall percentage profit or loss in the whole transaction?

    • Options
    • A. 38 % profit
    • B. 50 % profit
    • C. no profit no loss
    • D. none of the above
    • Discuss
    • 8. 
      A trader makes a profit equal to the selling price of 75 articles when he sold 100 of the articles. What % profit did he make in the transaction?

    • Options
    • A. 33.33%
    • B. 75%
    • C. 300%
    • D. 150%
    • Discuss
    • 9. 
      The cost of 2 tables is equal to the cost of 5 chairs. If the difference of the cost of one table and one chair is Rs. 1200, then the cost of one chair is?

    • Options
    • A. Rs. 500
    • B. Rs. 400
    • C. Rs. 800
    • D. Rs. 600
    • Discuss
    • 10. 
      If the cost of 1/4th of kg is Rs. 0.60, then what is the cost of 200 gm?

    • Options
    • A. 42 paise
    • B. 48 paise
    • C. 40 paise
    • D. 50 paise
    • Discuss


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