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- Question
- 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
- 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 % - 1. 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
- 2. 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
- 3. 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
- 4. 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
- 5. 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
- 6. 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
- 7. 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
- 8. 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
- 9. 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
- 10. When the price of pressure cooker was increased by 15%, its sale fell down by 15%. The effect one the money receipt was?
Options- A. No effect
- B. 15% decrease
- C. 7.5% increase
- D. 2.25% decrease Discuss
Profit and Loss problems
Search Results
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
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: 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
Correct Answer: 2.25% decrease
Explanation:
Let the original cost of each cooker be Re. 1 and let the number sold originally be 100.
Total sale proceeds = Rs. (100 x 1) = Rs. 100
New rate = (115% of Re. 1 ) = Rs . 1.15
Number sold now = 85
? Sale proceed now = Rs. (1.15 x 85) = Rs. 97.75
So, there is a decrease of 2.25% in the money receipt.
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