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- Question
- 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%
- Correct Answer
- 21%
ExplanationSuppose I purchased 110 books
? C.P. = Rs. (10/11) x 110 = Rs. 100
? S.P. = Rs. (11/10) x 110 = Rs. 121
? Gain % = 21% - 1. 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
- 2. 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
- 3. 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
- 4. 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
- 5. 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
- 6. 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
- 7. A shopkeeper bought 150 calculators at the rate of Rs. 250 per calculator. he spent Rs. 2500 on transportation and packing. If the marked price of calculator is Rs. 320 per calculator and the shopkeeper gives a discount of 5% on the marked price then what will be the percentage profit gained by the shopkeeper?
Options- A. 20%
- B. 14%
- C. 15%
- D. 16% Discuss
- 8. A retailer purchases a sewing machine at discount of 15% and sells it for Rs. 1955. In the bargain he makes a profit of 15%. How much is the discount which he got from the wholesale?
Options- A. Rs. 270
- B. Rs. 290
- C. Rs. 300
- D. None of these Discuss
- 9. A shopkeeper earns a profit of 12% after selling a book at 10% discount on the printed prices. The ratio of the cost price and printed price of the book is?
Options- A. 45 : 56
- B. 50 : 61
- C. 99 : 125
- D. None of these Discuss
- 10. By selling 12 oranges for one rupee, a man loses 20%. How many for a rupee should he sell to get gain of 20%?
Options- A. 5
- B. 8
- C. 10
- D. 15 Discuss
Profit and Loss problems
Search Results
Correct Answer: 20%
Explanation:
Suppose he buys 10 lemons
? C.P. = Rs. 10/2 = Rs. 5,
? S.P. = Rs. (3/5 x 10)% = Rs. 6
? Gain % = (1/5) x 100% = 20%
Correct Answer: 25%
Explanation:
? Gain = (S.P. of 100 bananas) - (C.P. of 100 bananas)
? (S.P.of 20) = (S.P of 100) - (C.P. of 100)
? S.P.of 80 = C.P. of 100
Let C.P. of each banana = Re. 1
C.P. of 80 banana = Rs. 80
S.P. of 80 banana = Rs. 100
? Gain % = (20 / 80) x 100 % = 25%
Correct Answer: 20%
Explanation:
Let the S.P. be Rs. P
Then, C.P. paid by subhash = Rs. (9 x P)/10
S.P. received by subhash = (108% of Rs. P) = Rs. (27 x P) / 25
? Gain = Rs.(27 x P) / 25 - (9 x P) / 10 = Rs. (9 x P) / 50
Hence, Gain% = (9P / 50) x (10P / 9) x 100 % = 20%
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.
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: None of the these
Explanation:
Let C.P. = Rs. P
S.P. = (C.P.) - (Loos) = P - P/7 = Rs. 6P/7
? 6P / 7 = 144
? P = (144 x 7) / 6 = Rs. 168
Hence, no Loss and no gain.
Correct Answer: 14%
Explanation:
C.P. of 150 calculators = 150 x 250 = Rs. 37500
? Total C.P. = 37500 + 2500 = Rs. 40000
Marked price of 150 calculator = 150 x 320 = Rs. 48000
Selling price after discount = 48000 x 95 / 100 = Rs. 45600
? percentage profit = [(45600 - 40000) / 40000] x 100 = 14%
Correct Answer: Rs. 300
Explanation:
Let the marked price be Rs. x
Discount available by the retailer = 15% of Rs. x
? C.P. of the machine by the retailer = (x - 15% of x) = Rs. 17x / 20
So, 15% of 17x / 20 = 1955 - 17x / 20
? 51x/400 + 17x/20 = 1955
or x = 2000
? Discount received by retailer = (15% of 2000) = Rs. 300
Correct Answer: 45 : 56
Explanation:
Let the printed price of the book be Rs. 100.
After a discount of 10%, S.P. = Rs. 90
Profit earned = 12%
? C.P. of the book = Rs. (100 / 112) x 90 = Rs. 1125 / 14
Hence, (C.P.) : (printed price) = (1125 / 14) : 100 = 45 : 56
Correct Answer: 8
Explanation:
Suppose he buys 12 oranges. Then S.P. = Re. 1
Now, 80 : 1 : : 120 : R
? R = (1 x 120) / 80 = 3/2
? For Rs. 3/2, oranges sold = 12
For Re. 1 oranges sold = (12 x 2) / 3 = 8
So, he must sell them at 8 for a rupee.
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