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- Question
- 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
- Correct Answer
- Profit of Rs . 1100
ExplanationC.P. of B = 110% of Rs. 10000 = Rs. 11000
Loss of B = 10%
S.P. of B = 90% of Rs. 11000 = Rs. 9900
Thus, C.P. of A = Rs. 9900
So, A gets [(10% of Rs. 10000) + (10000 - 9900)] = Rs. 1100 - 1. 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
- 2. 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
- 3. 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
- 4. 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
- 5. 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
- 6. 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
- 7. A merchant sold his goods for Rs. 75 at a profit percent equal to C.P. The C.P. was?
Options- A. Rs. 40
- B. Rs. 50
- C. Rs. 60
- D. Rs. 70 Discuss
- 8. A horse and a cow were sold for Rs. 12000 each. The horse was sold at a loss of 20% and the cow at a gain of 20%. The entire transaction resulted in?
Options- A. No loss or gain
- B. Loss of Rs . 1000
- C. Gain of Rs.. 1000
- D. Gain of Rs. 2000 Discuss
- 9. A man sells a car to his friend at 10% loss. If the friend sells it for Rs. 54000 and gains 20%, the original C.P. of the car was?
Options- A. Rs. 25000
- B. Rs. 37500
- C. Rs. 50000
- D. Rs. 60000 Discuss
- 10. A man purchased sugar worth of Rs. 400 he sold (3 / 4)th at a loss of 10% and the remainder at a gain of 10%. on the whole, he gets?
Options- A. A loss of 5%
- B. A gain of 51/19
- C. A loss of 51/19
- D. A loss of 55/19 Discuss
Profit and Loss problems
Search Results
Correct Answer: Rs. 16.00
Explanation:
C.P. of dozen apples = Rs. (12 x 4 + 16 x 2) = Rs. 80
Gain = 20%
? S.P. = Rs. (120/100) x 80 = Rs. 96
S.P. per dozen = Rs. (96/6) = Rs. 16
Correct Answer: Rs. 83.33
Explanation:
Let A's C.P. = Rs. 100
B's C.P. = Rs. 105
C's C.P. = 104% of Rs. 105 = Rs. 109.20
? 109.20 : 91 = 100 : P
? P = (91 x 100) / (109.20) = Rs. 83.33
Correct Answer: None of these
Explanation:
Let S.P. of T.V. (by trader) = Rs. 100
If S.P. is Rs. 80, then M.P. = Rs. 100
If S.P. is Rs. 100, M.P. = Rs. (100 / 80) x 100 = Rs. 125
Now, if discount is 25% then, S.P. = (75% of Rs. 125) = Rs. 375/4
Difference between two S.P. = Rs. (100 - 375/4) = Rs. 25 / 4
If difference is Rs. 25/4, S.P. = Rs. 100
If difference is Rs. 500, S.P. = Rs.(100 x 4 ) / (25 x 500) = Rs. 8000
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.
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.
Correct Answer: 35%
Explanation:
Let C.P. = Rs.100
S.P. at 10% loss = Rs. 90
? 2 / 3 of actual S.P. = Rs. 90
So, Actual S.P. = Rs. (90 x 3/2) = Rs. 135
? Gain = 35%
Correct Answer: Rs. 50
Explanation:
Let C.P. = Rs. x
? x + x% of x = 75
? x + x2 / 100 = 75
? x2 + 100 x - 7500 = 0
? (x + 150)(x - 50) = 0
? x = 50
Correct Answer: Loss of Rs . 1000
Explanation:
? Loss% = (20/10)2 = (2)2 = 4%
? Total S.P. = Rs. 24000
? Total C.P. = Rs. (100/96) x 24000 = Rs. 25000
? Loss = Rs. 1000
Correct Answer: Rs. 50000
Explanation:
? S.P. = Rs. 54000
Gain earned = 20%
? C.P. = Rs. (100/120) x 54000 = Rs. 45000
Now, S.P. = Rs. 45000
And Loss = 10%
? Original C.P. = Rs. (100/90) x 45000 = Rs. 50000
Correct Answer: A loss of 5%
Explanation:
S.P. = 90% of (3/4 of Rs. 400) + 110% of (1/4 of Rs. 400)
= Rs. (90/100 x 3/4 x 400) + Rs. (110/100 x 1/4 x 400)
= Rs. (270 + 110) = Rs. 380
? loss% = (20/400 x 100)% = 5%
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