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Home Aptitude Profit and Loss Comments

  • Question
  • 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

  • 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.


  • Profit and Loss problems


    Search Results


    • 1. 
      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
    • 2. 
      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
    • 3. 
      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
    • 4. 
      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
    • 5. 
      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
    • 6. 
      Subhash purchased a tape recorder at 9 / 10 th of its selling price and sold it at 8% more than its selling prices. His gain is?

    • Options
    • A. 9%
    • B. 10%
    • C. 180%
    • D. 20%
    • Discuss
    • 7. 
      By selling 100 bananas, fruit seller gains the selling price of 20 bananas. His gain per cent is?

    • Options
    • A. 10%
    • B. 15%
    • C. 20%
    • D. 25%
    • Discuss
    • 8. 
      A fruitseller buys lemons at 2 for a rupee and sells them at five for three rupees. His gain per cent is?

    • Options
    • A. 10%
    • B. 15%
    • C. 20%
    • D. None of these
    • Discuss
    • 9. 
      If I purchased 11 books for Rs. 10 and sold all the books at the rate of 10 books for Rs. 11, the profit per cent is?

    • Options
    • A. 10%
    • B. 11%
    • C. 21%
    • D. 100%
    • Discuss
    • 10. 
      By selling an articles for Rs. 144, a man loses 1 / 7 of his outlay. By selling it for Rs. 168, his gain or loss percent is?

    • Options
    • A. 20% loss
    • B. 20% gain
    • C. 41/ 6 % gain
    • D. None of the these
    • Discuss


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