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Home Aptitude Profit and Loss Comments

  • Question
  • 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

  • Correct Answer
  • 940 gms 

    Explanation

    Let the error be W gms.
    Then, [W/ (1000 - W)] x 100 = 300 / 47
    ? W / (1000 - W) = 3 / 47
    47 x W = 3000 - 3 x W
    ? W = 60

    So, he uses a weight = (1000 - 60)gm = 940 gms for 1 kg.


  • Profit and Loss problems


    Search Results


    • 1. 
      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
    • 2. 
      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
    • 3. 
      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
    • 4. 
      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
    • 5. 
      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
    • 6. 
      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
    • 7. 
      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
    • 8. 
      Ram bought 4 dozen apples at Rs. 12 per dozen and 2 dozen apples at Rs. 16 per dozen. He sold all of them to earn 20%. At what price per dozen did he sell the apples?

    • Options
    • A. Rs. 14.40
    • B. Rs. 16.00
    • C. Rs. 16.80
    • D. Rs. 19.20
    • Discuss
    • 9. 
      A owns a house worth Rs. 10000. He sells it to B at a profit of 10% based on the worth of the house B sell the house back to A at a loss of 10%. In this transaction A gets?

    • Options
    • A. No profit no loss
    • B. Profit of Rs . 1000
    • C. Profit of Rs . 1100
    • D. Profit of Rs . 2000
    • Discuss
    • 10. 
      An article is sold at a certain prices. By selling it at 2/3 of that price one loses 10%. The gain percent at original price is?

    • Options
    • A. 20%
    • B. 331/3%
    • C. 35%
    • D. 40%
    • Discuss


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