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- Question
- 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
- Correct Answer
- Z decreases
ExplanationThe profit = SP - CP
If SP and CP both increase at same amount then the profit would be same.
As we know profit % (Z) = Actual profit / CP
So if CP increases the profit % (Z) will go down as there is no change in actual profit. - 1. 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 Discuss
- 2. 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 Discuss
- 3. 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% Discuss
- 4. 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% Discuss
- 5. 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 Discuss
- 6. 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% Discuss
- 7. 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 Discuss
- 8. Two chair and three table cost Rs.1025 and three chairs and two tables cost Rs. 1100. What is the difference between the cost of one table and that of one chair?
Options- A. Rs. 75
- B. Rs. 35
- C. Cannot be determined
- D. 125 Discuss
- 9. An item costing Rs. 200 is being sold at 10% loss. If the price is further reduced by 5%, the selling price will be?
Options- A. Rs. 179
- B. Rs. 175
- C. Rs. 171
- D. Rs. 170 Discuss
- 10. If books bought at price ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs. 300 to Rs. 425, what is the greatest possible profit that might be made in selling 8 books?
Options- A. Rs. 400
- B. Rs. 600
- C. Cannot be determined
- D. None of these Discuss
Profit and Loss problems
Search Results
Correct Answer: 14.5%
Explanation:
MP = 100
Price after first discount = 90.
Price after second discount = 85.5
So, the net discount = 100 - 85.5 = 14.5%
Correct Answer: 10%
Explanation:
Let the number of employees in beginning = 3a
Let the wage per employee = 20b
Total wages = no. of employees x wage per employee.
= 3a x 20b
= 60ab
Let the number of employees in the end= 2a
Let the wage per employee = 27b
Total wages = no. of employees x wage per employee.
= 2a x 27b
= 54ab
Profit (%) = [ ( 60 - 54 ) / 60 ] x 100 = 10%
Correct Answer: 10%
Explanation:
Profit % = 25 / 100
= 120 + k (profit) / 880 (sale)
? k = 100
Therefore, net profit % = (100 / 1000) X 100 = 10%
Correct Answer: 20%
Explanation:
Ratio of profit of A : B (excluding commission of A) = 3 : 5 ( 54 : 90)
Now the share of profit of B = 3600 - 1800 = Rs. 1800
So the share of profit A (excluding commission ) = Rs. 1080
So the commission of A = 1800 - 1080 = 720
Therefore the required percentage = (720 / 3600) x 100 = 20%
Correct Answer: Rs. 2820
Explanation:
If I had Rs. 100
Discount = 25 = cost of my sister's watch
The cost of my own watch = 75
Thus the ratio of cost of my own watch to that of my sister's watch = 3 : 1
So the cost of my own watch = 3 x 940 = 2820
Correct Answer: 25%
Explanation:
Let C.P. of each article = Re. 1
Then, C.P. of 12 articles = Rs.12
S.P. of 12 articles = C.P. of 15 articles = Rs. 15
? Gain% = (3/12) x 100% = 25%
Correct Answer: 10 per cent profit
Explanation:
? C.P. of 1 article = (200/125) x 100 = Rs. 160
? C.P.of 6 articles = 6 x 160 = 960
? profit = 1056 - 960 = 96
percentage profit = (96/960) x 100 = 10%
Correct Answer: Rs. 75
Explanation:
Let the cost of each table and chair be Rs. x and Rs. y respectively
? 2y + 3x = 1025
and 3y + 2x = 1100
Solving the above two equations, we get
x = Rs. 175 and y = Rs. 250
? Difference between the cost of one table and one chair = Rs. (250 - 175) = Rs. 75
Correct Answer: Rs. 171
Explanation:
S.P. = 90% of Rs. 200 = Rs. 180
Required S.P. = (95% of Rs. 180) Rs. 171
Correct Answer: None of these
Explanation:
? Profit is maximum when C.P. is minimum and S.P. is maximum
Thus, C.P. = Rs. (200 x 8) = Rs. 1600
S.P. = Rs. (425 x 8) = Rs. 3400
? Gain = Rs. 1800
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