Bhajan Singh purchased 120 reams of paper at Rs. 80 per reams. He spent Rs. 280

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Question
Bhajan Singh purchased 120 reams of paper at Rs. 80 per reams. He spent Rs. 280 on transportation paid octroi at the rate of 40 paise per ream and paid Rs. 72 to the coolie. If he wants to have a gain of 8%. what must be the selling price per ream?
Options
A. Rs. 86
B. Rs. 87.48
C. Rs. 89
D. Rs. 90

Correct Answer

Rs. 90

Explanation

? C.P. of 120 reams = Rs. (120 x 80 + 280 + 72 + 120 x 0.40)
= 9600 + 280 + 72 + 48 = Rs. 10000
? C.P. of 1 ream = 10000/120 = Rs. 250/3.
? S.P. of 1 ream = Rs. (108/100 x 250/3) = Rs. 90

Profit and Loss problems

Search Results

1.
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

2.
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

3.
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

4.
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

5.
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%

6.
A shopkeeper sells (3/4) ^th of its articles at a gain of 20% and the remaining at C.P. His real gain in the transaction is?
Options
A. 10%
B. 15%
C. 20%
D. 25%

7.
A man gains 10% by selling an article for a certain price. If sells it at double the price, the profit made is?
Options
A. 20%
B. 60%
C. 100%
D. 120%

8.
If an article is sold at a gain of 6% instead of at a loss of 6% then the seller gets Rs. 6 more. The C.P. of the article is?
Options
A. Rs. 50
B. Rs. 94
C. Rs. 100
D. Rs. 106

9.
A person bought an article and sold it at a loss of 10%. If he had bought it for 20% less and sold it for Rs. 55 more. he would have had a profit of 40%. The C.P. of the article is?
Options
A. Rs. 200
B. Rs. 225
C. Rs. 250
D. None of these

10.
A dealer sells a radio at a gain of 10%. If he had bought it at 10% less and sold it for Rs. 132 less, he would have still gained 10%. The C.P. of the radio is?
Options
A. Rs. 1188
B. Rs. 1200
C. Rs. 1320
D. None of these

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