A trader sells goods to a customer at a profit of k% over the cost price, beside

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Question
A trader sells goods to a customer at a profit of k% over the cost price, besides it he cheats his customer by giving 880 g only instead of 1 kg. Thus his overall profit percentage is 25%. Find the value of k?
Options
A. 8.33%
B. 8.25%
C. 10%
D. 12.5%

Correct Answer

10%

Explanation

Profit % = 25 / 100
= 120 + k (profit) / 880 (sale)

? k = 100
Therefore, net profit % = (100 / 1000) X 100 = 10%

Profit and Loss problems

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1.
A and B are two partners and they have invested Rs. 54,000 and Rs. 90,000 in business. After one year A received Rs 1800 as his share of profit out of total profit of Rs. 3600 including his certain commission on total profit since he is a working partner and rest profit is received by B. what is the commission of A as a percentage of the total profit?
Options
A. 20%
B. 10%
C. 5%
D. 25%

2.
I asked the shopkeeper the price of a wristwatch. I found that I had just the required sum of money. When the shopkeeper allowed me a discount of 25%, I could bought another watch worth Rs. 940 for my younger sister. What is the price Which I have paid for my own watch?
Options
A. Rs. 2700
B. Rs.1800
C. Rs. 2820
D. Rs. 3760

3.
Anna sold his car Boney at a profit of 20% and Boney sold it to Chakori at a profit of 10%. Chakori sold it to mechanic at a loss of 9.09%.Mechanic spent 10% of his purchasing price and then sold it at a profit of 8.33% to Anna once again. what is the loss of Anna?
Options
A. 23%
B. 29%
C. 50%
D. 40%

4.
A person wants to reduce the trade tax so he calculates his profit on the sale price instead of on the cost price.In this way by selling a article for Rs. 280 he calculates his profit as 14 ²/ ₇%. What is his actual profit percentage?
Options
A. 20 %
B. 16.66 %
C. 25 %
D. data insufficient

5.
A scientific calculator is available at Universal Shoppe in Hazratganz at 20% discount and the same is available at only 15% discount at universal shoppe Bhootnath market. Ms. Agrawal has just sufficient amount of Rs.800 to purchase it at universal Shoppe Hazratganz. What is the amount that Ms. Agrawal has less than the required amount to purchase it at universal soppe Bhootnath?
Options
A. Rs. 70
B. Rs. 50
C. Rs. 100
D. data insufficient

6.
In an office the number of employees reduces in the ratio of 3 : 2 and the wages increases in the ratio of 20 : 27, What is the profit percentage of employees over the previous wages?
Options
A. 10%
B. 9.09%
C. 11.11%
D. none of these

7.
Ajay bought a motor cycle for Rs. 50,000. 2 years later he sold it to Bijoy spent 5% of the purchasing price on its maintenance. Later Bijoy displayed the sale price of his motorcycle Rs. 50,000. Chetan wanted to purchase it at 15% discount but Bijoy gave him two successive discounts of 10% and 5% instead of 15% in one time.What is the actual discount availed by chetan?
Options
A. 15%
B. 15.5%
C. 14.5%
D. none of these

8.
The cost price of an article is C and the selling price of the same article is S, where Z is the profit or loss percentage. If the CP and SP both are increased by same amount then which of the following is true :
Options
A. Z increases
B. Z decreases
C. remains constant
D. none of these

9.
The selling price of 12 articles is equal to the cost price of 15 articles. The gain per cent is?
Options
A. 62/3
B. 20%
C. 25%
D. 80%

10.
An article when sold for Rs. 200 fetches 25 percent profit. What would be the percentage profit / loss if 6 such articles are sold for Rs. 1056?
Options
A. 10 per cent loss
B. 10 per cent profit
C. 5 per cent loss
D. 5 per cent profit

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