A trader by means of a false balance defrauder to the extent of 8% in buying goo

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Question
A trader by means of a false balance defrauder to the extent of 8% in buying goods and also defrauds to 8% in selling. His gain percent is?
Options
A. 15.48%
B. 16%
C. 16.64%
D. None of these

Correct Answer

16.64%

Explanation

In such question we adopt the Required gain %
= [(100 + common gain%)² / 100 - 100] %
= { (108)²/100 - 100 } % = 16.64%

Profit and Loss problems

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1.
The percent profit when an article is sold for Rs. 78 is twice as when it is sold for Rs. 69. The C.P. of the article is?
Options
A. Rs. 49
B. Rs. 51
C. Rs. 57
D. Rs. 60

2.
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

3.
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

4.
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

5.
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

6.
Kabir buys an article with 25% discount on its marked price. He makes a profit of 10% by selling it at Rs. 660. The marked price is?
Options
A. Rs. 600
B. Rs. 700
C. Rs. 800
D. Rs. 685

7.
A discount series of 10%, 20% and 40% is equal to a single discount of?
Options
A. 50%
B. 56.8%
C. 60%
D. 70.28%

8.
The ratio of the prices of three different types of cars is 4 : 5 : 7. If the difference between the costliest and the cheapest cars is Rs. 60000 the price of the car of modest price is?
Options
A. Rs. 80, 000
B. Rs. 1, 00, 000
C. Rs. 1,40, 000
D. Rs. 1,20, 000

9.
A man purchases an electric heater whose printed price is Rs. 160. If he received two successive discounts of 20% and 10% he paid?
Options
A. Rs. 112
B. Rs. 129.60
C. Rs. 119.60
D. Rs. 115.20

10.
A trader lists his articles 20% above C.P. and allows a discount of 10% on cash payment. His gain per cent is?
Options
A. 10%
B. 8%
C. 6%
D. 5%

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