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Home Aptitude Profit and Loss Comments

  • Question
  • 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

  • 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


  • Profit and Loss problems


    Search Results


    • 1. 
      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
    • 2. 
      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
    • 3. 
      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
    • 4. 
      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
    • 5. 
      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
    • 6. 
      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
    • 7. 
      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
    • 8. 
      A dishonest dealer professes to sell his goods at cost price. But he uses a false weight and thus gains 6 18/ 47 % . For a kg, he uses a weight of?

    • Options
    • A. 953 gms
    • B. 940 gms
    • C. 960 gms
    • D. 947 gms
    • Discuss
    • 9. 
      Tarun bought a T.V. with 20% discount on the labelled price had he bought it with 25% discount he would have saved Rs. 500. At what price did he buy the T.V.?

    • Options
    • A. Rs. 5000
    • B. Rs. 10000
    • C. Rs. 12000
    • D. None of these
    • Discuss
    • 10. 
      A sold a watch at a gain of 5% to B and B sold it to C at a gain of 4%. If C paid Rs. 91 for it, then the price paid by A is?

    • Options
    • A. Rs. 82.81
    • B. Rs. 83
    • C. Rs. 83.33
    • D. None of these
    • Discuss


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