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- Question
- The cost price of an article, which on being sold at a gain of 10% yields Rs. 6 more than when it is sold at a loss of 10% is?
Options- A. Rs. 30
- B. Rs. 25
- C. Rs. 24
- D. Rs. 20
- Correct Answer
- Rs. 30
Explanation10% profit - 10% loss = 6
? 20% of cost price = Rs. 6
? Cost Price = (6 x 100)/ 20 = Rs. 30. - 1. If two mixers and one T.V. cost Rs. 7000, while two T.V.s and one mixer cost Rs. 9800. The value of one T.V. is?
Options- A. Rs. 2800
- B. Rs. 2100
- C. Rs. 4200
- D. Rs. 8400 Discuss
- 2. Pofit after selling commodity for Rs. 425 is same as loss after selling it for Rs. 355. The cost of the commodity is?
Options- A. Rs. 385
- B. Rs. 390
- C. Rs. 395
- D. Rs. 400 Discuss
- 3. A man sold two houses for Rs. 7.81 lakhs each. On one he gained 5% and on the other he lost 5%. What percent is the effect of the sale on the whole?
Options- A. 0.25% loss
- B. 0.25 % gain
- C. 25 % loss
- D. 25 % gain Discuss
- 4. A dealer sold two T.V. sets for Rs. 3700 each. on one he gained 10% and one other he lost 10%. The dealer's loss or gain per cent is?
Options- A. 0%
- B. 0.1%
- C. 1% gain
- D. 1% loss Discuss
- 5. A dealer professing to sell at cost price uses a 900 gms weight for a kilogram. His gain percent is?
Options- A. 9
- B. 10
- C. 11
- D. 111/9 Discuss
- 6. An umbrella marked at Rs. 80 is sold for Rs. 68. The rate of discount of?
Options- A. 15%
- B. 12%
- C. 1711/17
- D. 20% Discuss
- 7. The marked price is 10% higher than the cost price. A discount of 10% is given on the marked price. In this kind of sale, the seller?
Options- A. Bears no loss, no gain
- B. Gains
- C. Losses 1%
- D. None of these Discuss
- 8. A dealer marks his goods 20% above cost price. He then allows some discount on it and markets a profit of 8%. The rate of discount is?
Options- A. 12%
- B. 10%
- C. 6%
- D. 4% Discuss
- 9. By selling an article for Rs. 144, a man gained such that the percentage gain equal the cost price. The C.P. of the article is?
Options- A. Rs. 60
- B. Rs. 64
- C. Rs. 72
- D. Rs. 80 Discuss
- 10. A man purchases an electric heater whose printed price is Rs. 160. If he received two successive discounts of 20% and 10% he paid?
Options- A. Rs. 112
- B. Rs. 129.60
- C. Rs. 119.60
- D. Rs. 115.20 Discuss
Profit and Loss problems
Search Results
Correct Answer: Rs. 4200
Explanation:
2 x + y = 7000 ....(i)
x + 2 y = 9800 .....(ii)
Solving (i) and (ii), we get,
y = 4200
Correct Answer: Rs. 390
Explanation:
Let C.P. = Rs. x then, 425 - x = x - 355
? 2x = 780
? x = 390
Correct Answer: 0.25% loss
Explanation:
Loss% ( common gain or loss % / 10)2
= ( 5/10 )2 = 1/4 % = 0.25%
Correct Answer: 1% loss
Explanation:
Loss% = (Common gain or loss% / 10)2
= (10 / 10)2 = 1%
Correct Answer: 111/9
Explanation:
Gain% = {Error / (True value - Error)} x 100 %
= (100/900) x 100) %
= 111/9%
Correct Answer: 15%
Explanation:
Rate of discount = (12 / 80) x 100% = 15%
Correct Answer: Losses 1%
Explanation:
Let the cost price be Rs. 100.
So market price = 100 + 10% of 100 = 110
Selling price = 110 - 10% of 110 = 99.
So, net loss = 1%
Correct Answer: 10%
Explanation:
Let C.P. = Rs. 100
? Marked price = Rs. 120,
? S.P. = Rs. 108
? Rate of discount = (12/120) x 100% = 10%
Correct Answer: Rs. 80
Explanation:
Let the cost price of article be P.
So from question,
Selling price = P + P%
? 144 = P + (P x P)/100
? 144 x 100 = 100P + P2
? P2 + 100P - 14400 = 0
? (P - 80)(P +180) = 0
? P = 80
Correct Answer: Rs. 115.20
Explanation:
Price after 1 st discount = 80% of Rs. 160 = Rs. 128
Price after 2nd discount = 90% of Rs. 128 = Rs. 115.20
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