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- Question
- 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
- 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 - 1. 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
- 2. 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
- 3. 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
- 4. 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
- 5. 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 Discuss
- 6. By selling 8 dozen of pencils, a shopkeeper gains the selling price of a 1 dozen pencils. His gain percent is?
Options- A. 12.5%
- B. 87.5%
- C. 142/7
- D. None of these Discuss
- 7. By selling 36 oranges, a vender loses the selling price of 4 orange. His loss per cent is?
Options- A. 121/2%
- B. 111/9%
- C. 10%
- D. None of these Discuss
- 8. While selling a watch a shopkeeper gives a discount of 5%. If he gives a discount of 7%, he earns Rs. 15 less as profit. What is the marked price of the watch?
Options- A. Rs. 697.50
- B. Rs. 712.50
- C. Rs. 787.50
- D. None of these Discuss
- 9. A sells a horse to B for Rs. 4860, thereby losing 19 percent, B sells it to C at a price which would have given A, 17 percent profit. Find B's gain?
Options- A. Rs. 2160
- B. Rs. 2610
- C. Rs. 1260
- D. Rs. 2260 Discuss
- 10. The cost price of an article, which on being sold at a gain of 12% yields Rs. 6 more then when it is sold at a loss of 12% is?
Options- A. Rs. 30
- B. Rs. 25
- C. Rs. 20
- D. Rs. 24 Discuss
Profit and Loss problems
Search Results
Correct Answer: Rs. 171
Explanation:
S.P. = 90% of Rs. 200 = Rs. 180
Required S.P. = (95% of Rs. 180) Rs. 171
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: 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: 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: Z decreases
Explanation:
The 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.
Correct Answer: 142/7
Explanation:
? Gain = (S.P. of 8 dozen ) - (C.P. of 8 dozen )
? (S.P. of 1 dozen) = (S.P. of 8 dozen ) - (C.P. of 8 dozen)
? (C.P. of 8 dozen ) = (S.P. of 7 dozen)
Let C.P. of each dozen be Re. 1
? C.P. of 7 dozen = Rs. 7
? S.P. of 7 dozen = Rs. 8
? Gain % = (1 / 7 x 100)% = 142/7 %
Correct Answer: 10%
Explanation:
? Loss = C.P. of 36 oranges - S.P. of 36 oranges
? S.P. of 4 = C.P. of 36 - S.P.of 36
? S.P.of 40 = C.P. of 36
Let C.P. of each oranges = Re. 1
? C.P.of 40 = Rs. 40
? S.P. of 40 = Rs. 36
? Loss = (4 / 40 ) x 100 % = 10%
Correct Answer: None of these
Explanation:
Let the marked price be Rs. x
Then, (7% of x ) - 15 = 5% of x
? 7x / 100 - 5x / 100 = 15
? x = 750
Correct Answer: Rs. 2160
Explanation:
Cost of the horse paid by A = (4860 x 100) / 81 = Rs. 6000
Cost of the horse paid by C = (6000 x 117) / 100 = Rs. 7020
Gain of B = Rs. 7020 - Rs. 4860 = Rs. 2160
Correct Answer: Rs. 25
Explanation:
Let the C.P. be Rs. x
Then, S.P. when gain is 12% = 12x / 100
? 112x / 100 - 88x / 100 = 6
? 24x / 100 = 6
? x = 600 / 24 = Rs. 25
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