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Home ‣ Aptitude ‣ Profit and Loss Comments
  • Question

  • A grocer sells rice at a profit of 10% and uses weight which are 20% less than the market weight. The total gain earned by him will be?


  • Options
  • A. 30%
  • B. 35%
  • C. 37.5%
  • D. None of these

  • Correct Answer
  • 37.5% 

    Explanation

    Let us consider a packet of rice marked 1 kg
    Then its actual weight = (80% of 1 kg) = 0.8 kg
    Let C.P. of 1 kg be Rs. 100
    Then C.P. of 0.8 kg = Rs. 0.8 x 100 = Rs. 80
    Now, S.P of 1 kg = 110% of C.P.of 1 kg = Rs. 110
    ? Gain = (1.1 - 0.8) x 100 = 0.3 x 100 = 130
    ? Required gain% = [0.3/ (0.8 x 130)] x 100)%
    = 37. 5%

    • Profit and Loss problems

    Search Results

    • 1. 
      A man sells two horses for Rs, 4000 each, neither losing nor gaining in the deal. If he sold one horse at a gain of 25% the other horse is sold at a loss of?

    • Options
    • A. 162/3%
    • B. 182/9%
    • C. 25%
    • D. None of these
      • Discuss
    • 2. 
      Due to an increase of 30% in the price of eggs, 3 eggs less are available for Rs. 7.80. The present rate of eggs per dozen is?

    • Options
    • A. Rs. 8.64
    • B. Rs. 8.88
    • C. Rs. 9.36
    • D. None of these
      • Discuss
    • 3. 
      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
      • Discuss
    • 4. 
      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
      • Discuss
    • 5. 
      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
      • Discuss
    • 6. 
      A bicycle is sold at a gain of 16%. If it had been sold for Rs. 20 more, 20% would have been gained. The C.P. of the bicycle is?

    • Options
    • A. Rs. 350
    • B. Rs. 400
    • C. Rs. 500
    • D. Rs. 600
      • Discuss
    • 7. 
      A radio dealer sold radio at a loss of 2.5%. Had he sold it for Rs. 100 more, he would have gained 7 1/ 2 %. In order to gain 12 1/ 2 % he should sell it for?

    • Options
    • A. Rs. 850
    • B. Rs. 925
    • C. Rs. 1080
    • D. Rs. 1125
      • Discuss
    • 8. 
      A man sells an article at a gain of 15%. If he had bought it at 10% less and sold it for Rs. 4 less, he would have gained 25%. The C.P. of the article is?

    • Options
    • A. Rs. 140
    • B. Rs. 150
    • C. Rs. 160
    • D. Rs. 180
      • Discuss
    • 9. 
      6% more is gained by selling a radio for Rs. 475 than by selling for Rs. 451. The C.P. of the radio is?

    • Options
    • A. Rs. 400
    • B. Rs. 434
    • C. Rs. 440.50
    • D. None of these
      • Discuss
    • 10. 
      At what price must Kantilal sell a mixture of 80 kg sugar at Rs. 6.75 per kg with 120 kg at Rs. 8 per kg to gain 20%?

    • Options
    • A. Rs. 7.50 per kg
    • B. Rs. 8.20 per kg
    • C. Rs. 8.85 per kg
    • D. Rs. 8.76 per kg
      • Discuss

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