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Home Aptitude Profit and Loss See What Others Are Saying!
  • Question
  • A retailer bought 20 kg tea at a discount of 10%. Besides 1 kg tea was freely offered to him by the wholesaler at the purchase of 20 kg tea. Now he sells all the at marked price to a customer.What is the profit percentage of retailer?


  • Options
  • A. 30%
  • B. 12%
  • C. 16.66%
  • D. none of these

  • Correct Answer
  • 16.66% 

    Explanation

    Let the MP 1 kg tea be Rs. 1,
    Then CP of 20 kg with discount = 20 x 0.9 = Rs.18
    Also 1 kg tea is free. So the retailer gets tea worth Rs. 21 by paying Rs. 18 only.

    profit % = ( goods left / goods sold) x 100
    = (21-18 / 18 x 100 = 16.66 %

    (Since the retailer earn Rs. 3 on each Rs.18)


  • More questions

    • 1. 
      0.0169 / 0.013=?

    • Options
    • A. .13
    • B. .013
    • C. 1.3
    • D. 13
    • Discuss
    • 2. 
      Two posts are x meter apart and the height of one is double that of the other. If from the midpoint of the line joining their feet, an observer finds the angular elevations of their tops to be complementary, then the height (in meter) of the shorter post is :

    • Options
    • A. x 2 ?2
    • B. x 4
    • C. x ?2
    • D. x ?2
    • Discuss
    • 3. 
      If p/q =4/5, then the value of 4/7 + {(2q - p) / (2q + p)} is?

    • Options
    • A. 3 / 7
    • B. 34
    • C. 1
    • D. 2
    • Discuss
    • 4. 
      What is 25% of 25% is equal to?

    • Options
    • A. 6.25
    • B. .625
    • C. .0625
    • D. .000625
    • Discuss
    • 5. 
      The number .05 is hoe many percent of 20?

    • Options
    • A. 25
    • B. .025
    • C. .25
    • D. 2.5
    • Discuss
    • 6. Find the lowest common multiple of 24, 36 and 40.

    • Options
    • A. 120
    • B. 240
    • C. 360
    • D. 480
    • Discuss
    • 7. 
      8 1/ 3% expressed as a fraction is?

    • Options
    • A. 25/3
    • B. 3/25
    • C. 1/12
    • D. 1/4
    • Discuss
    • 8. 
      .025 in terms of term of rate per cent is?

    • Options
    • A. .25%
    • B. 2.5%
    • C. 0.25%
    • D. 371/2%
    • Discuss
    • 9. 
      What percentage of 2/7 is 1/35?

    • Options
    • A. 2.5%
    • B. 10%
    • C. 25%
    • D. 20%
    • Discuss
    • 10. 
      A sum of ? 4000 is lent out in two parts, one at 8% simple interest and other at 10% simple interest. If the annual interest is ? 352, the sum lent at 8% is

    • Options
    • A. ? 1600
    • B. ? 2400
    • C. ? 1800
    • D. ? 2800
    • Discuss


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