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Home Aptitude Profit and Loss Comments

  • Question
  • A fruit seller declares that he sells fruits at the cost price However, He use a weight of 450 g instead of 500 g. His percentage profit is


  • Options
  • A. 10 %
  • B. 11 1/9 %
  • C. 12 %
  • D. 12 2/9 %

  • Correct Answer
  • 11 1/9 % 

    Explanation

    Profit (%) = goods lefts / goods sold X 100 = ( 50 / 450 ) X 100 = 111/9 %

    Alternatively : Suppose CP of 1g is Rs.1 then he sells goods worth Rs.450 only and charges Rs.500. So the profit is Rs.50 over the sale price of Rs. 450.


  • Profit and Loss problems


    Search Results


    • 1. 
      A person loses Rs. 20 by selling some bananas at the rate of Rs. 3 per banana and gains Rs.30, if he sells them at Rs. 3.25 per banana. The number of bananas sold by him?

    • Options
    • A. 100
    • B. 200
    • C. 120
    • D. 2400
    • Discuss
    • 2. 
      A dealer buys a washing machine. listed at Rs. 10000 and gets 10% and 20% successive discounts. He spends 10% of his CP on transport.At what price (in rupees) should he sell the washing machine to earn a profit of 10%?

    • Options
    • A. 8722
    • B. 7892
    • C. 8712
    • D. 8840
    • Discuss
    • 3. 
      By selling a wrist watch of Rs.405 the shopkeeper incurs a loss of 10%. What is the gain or loss percentage if he sells the same watch at Rs. 465?

    • Options
    • A. profit of 10%
    • B. less of 6 %
    • C. profit of 3.33 %
    • D. no profit no loss
    • Discuss
    • 4. 
      The cost price of 24 apples is same as the selling price of 18 apples. The percentage of gain is

    • Options
    • A. 121/2%
    • B. 142/3%
    • C. 162/3%
    • D. 331/3%
    • Discuss
    • 5. 
      A man sells calculator at the rate of ? 250 each which includes a profit of 14%. What amount of profit while he earn in 19 days, if he sells 7 calculator per day?

    • Options
    • A. ? 4665
    • B. ? 4565
    • C. ? 4545
    • D. ? 4655
    • Discuss
    • 6. 
      Two third of a consignment was sold at a profit of 5% and the remainder at a loss of 2%. If the total profit was Rs. 400, the value of the consignment (in rupees) was :

    • Options
    • A. 15000
    • B. 20000
    • C. 10000
    • D. 12000
    • Discuss
    • 7. 
      A trader use a weighing balance that shows 1250 g for a kilogram. He further marks- up his cost price by 20%. what is the profit percentage?

    • Options
    • A. 5 %
    • B. 45 %
    • C. 50 %
    • D. 30 %
    • Discuss
    • 8. 
      Ragini purchases oranges at Rs. 10 per dozen and sells them at Rs. 12 for every 10 oranges. What is the profit percentage?

    • Options
    • A. 40 %
    • B. 44 %
    • C. 60 %
    • D. 48 %
    • Discuss
    • 9. 
      A merchant marks his good at Rs. 300 and allows a discount of 25%. If he still gains 12.25%, then the cost price of article is :

    • Options
    • A. 220
    • B. 200
    • C. 240
    • D. 260
    • Discuss
    • 10. 
      A retailer cheats both to his whole-seller and his customer by 10% by his faulty balance i.e.,he actually weighs 10% more while purchasing from wholesaler and weighs 10% less while selling to his customer. What is his net profit percentage, when he sells at CP?

    • Options
    • A. 22 2/2 %
    • B. 22 2/9%
    • C. 20 %
    • D. 21 %
    • Discuss


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