Discussion
Home ‣ Aptitude ‣ Profit and Loss Comments
- Question
- A buys oranges at Rs. 2 for 3 oranges and sells them at a rupee each. To make a profit of Rs. 10, he must sell?
Options- A. 10 oranges
- B. 20 oranges
- C. 30 oranges
- D. 40 oranges
- Correct Answer
- 30 oranges
ExplanationSuppose he sells x oranges
Then, C.P.of x oranges = Rs. 2x/3
S.P. of x oranges = Rs. x
Profit on x oranges = Rs. (x - 2x/3) = Rs. x/3
? x/3 = 10 ? x = 30 - 1. Alok bought 25 kg of rice at the rate of Rs. 6.00 per kg and 35 kg of rice at the rate of Rs. 7.00 per kg. He mixed the two and sold the mixture at the rate of Rs. 6.75 per kg . What was his gain or loss in this transaction?
Options- A. Rs. 16.00 gain
- B. Rs. 16.00 loss
- C. Rs. 20.00 gain
- D. None of these Discuss
- 2. What per cent of selling price would be 34% of cost price if gross profit is 26% of the selling price?
Options- A. 17.16
- B. 74.00
- C. 25.16
- D. 88.40 Discuss
- 3. A man sold a radio for Rs. 1980 and gained 10%. The radio was bought for?
Options- A. Rs. 1782
- B. Rs. 1800
- C. Rs. 2178
- D. None of these Discuss
- 4. A man buys 10 articles for Rs. 8 and sells them at the rate of Rs. 1.25 per article. His gain is?
Options- A. 20%
- B. 50%
- C. 191/2%
- D. 561/4% Discuss
- 5. By selling an article for Rs. 100 one loses Rs. 10. Then the loss percent is?
Options- A. 111/9
- B. 91/11
- C. 10%
- D. None of these Discuss
- 6. The cost of 2 T.V. sets and a radio is Rs. 7000, while 2 radios and one T.V. set together cost Rs. 4250. The cost of a T.V. set is?
Options- A. Rs. 3000
- B. Rs. 3160
- C. Rs. 3240
- D. None of these Discuss
- 7. The loss incurred on selling an article for Rs. 270 is as much as the profit made after selling it at 10% profit. The C.P. of the article is?
Options- A. Rs. 90
- B. Rs. 110
- C. Rs. 363
- D. Rs. 300 Discuss
- 8. A discount series of 10%, 20% and 40% is equal to single discount of?
Options- A. 50%
- B. 56.80%
- C. 70%
- D. 70.28% Discuss
- 9. The C.P. of an article is 40% of the S.P. The per cent that the S.P. is of C.P. is?
Options- A. 40
- B. 60
- C. 240
- D. 250 Discuss
- 10. Toffees are bought at the rate of 8 for a rupee. To gain 60% they must be sold at?
Options- A. 6 for a rupee
- B. 5 for a rupee
- C. 9 for Rs. 2
- D. 24 for Rs. 5 Discuss
Profit and Loss problems
Search Results
Correct Answer: None of these
Explanation:
C.P. of 60 kg mix = Rs. (25 x 6 + 35 x 7) = Rs. 395
S.P. of 60 kg mix = Rs. (60 x 6.75) = Rs. 405
Gain = Rs. (405 - 395) = Rs. 10
Correct Answer: 25.16
Explanation:
Let the selling price of the article = Rs. 100
? Profit = Rs. 26
? Cost price of the article = 100 - 26 = Rs. 74
? Required % = (34 x 74)/100 = 25.16%
Correct Answer: Rs. 1800
Explanation:
S.P. = Rs. 1980, Gain = 10%
? C.P. = Rs. (100 / 110) x 1980 = Rs. 1800
Correct Answer: 561/4%
Explanation:
C. P. of 10 articles = Rs. 8
S.P. of 10 articles = Rs. (1.25 x 10) = Rs. 12.50
? Gain = (4.5/8) x 100 % = 561/4%
Correct Answer: 91/11
Explanation:
S.P. = Rs. 100, Loss = Rs. 10
? C.P. = S.P. + Loss = Rs. 110
? Loss% = (10/110) x 100% = 91/11%
Correct Answer: None of these
Explanation:
2 x + y = 7000 ....(i)
x + 2y = 4250 .....(ii)
Solving (i) and (ii) we get,
x = 3250
? Cost of T.V. set is Rs. 3250.
Correct Answer: Rs. 300
Explanation:
Let C.P.be Rs. x then, x - 270 = 10% of x = x / 10
? x = 300
Correct Answer: 56.80%
Explanation:
Let original price = Rs. 100
Price after 1 st discount = Rs. 90
Price after 2 nd discount = Rs. (80/100) x 90 = Rs. 72
Price after 3 rd discount = Rs. (60/100) x 72 = Rs. 43.20
? Single equivalent discount = (100 - 43.20) = 56.8%
Correct Answer: 250
Explanation:
Let S.P. = Rs. 100
Then C.P. = Rs. 40
? Required percent = (100/40) x 100% = 250%
Correct Answer: 5 for a rupee
Explanation:
Suppose he buys 8 toffees
Then, C.P. = Re. 1
Gain = 60%
? S.P. = Rs. (160 / 100 x 1) = Rs. 8 / 5
For Rs. 8 / 5, toffees sold = 8
For Re. 1 toffees sold = (8 x 5) / 8 = 5
So, he must sell them at 5 for a rupee
Comments
There are no comments.More in Aptitude:
Programming
Copyright ©CuriousTab. All rights reserved.