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Home ‣ Aptitude ‣ Profit and Loss Comments
- Question
- A dishonest trader marks up his goods by 80% and gives discount of 25%. Besides he gets 20% more amount per kg from wholesaler and sells 10% less per kg to customer. What is the overall profit percentage?
Options- A. 80%
- B. 60%
- C. 70%
- D. none of these
- Correct Answer
- 80%
ExplanationCP = 100/120 = 10/12
(since he purchases 120g and pays Rs. 100, by assumption actual CP of 1 g = Re.1)
SP = 135/90 = 3/2 = 18/12
(since actual MP = 180, actual SP =135, with 25% discount and he sells only 90 g instead of 100 g )
Profit (%) = [{(18/12) - (10/12)} / (10/12)] x 100 = 80% - 1. A man sold an article for Rs.75 and lost something. had he sold it for Rs. 96, his gain would have been double the former loss. The C.P. of the article is?
Options- A. Rs. 81
- B. Rs. 82
- C. Rs. 83
- D. Rs. 85.5 Discuss
- 2. The marked price of an article is Rs. 480. The shopkeeper allows a discount of 10% and gains 8%. If no discount is allowed, his gain percent would be?
Options- A. 18%
- B. 20%
- C. 18.5
- D. 20.5% Discuss
- 3. By selling 45 oranges for Rs. 40, a man loss 20%. how many should he sell for Rs. 24 so as to gain 20% in the transaction?
Options- A. 16
- B. 18
- C. 20
- D. 22 Discuss
- 4. The difference between a discount of 40% on Rs. 500 and two successive discount of 36% and 4% on the same amount is?
Options- A. 0
- B. Rs. 2
- C. Rs. 1.93
- D. Rs. 7.20 Discuss
- 5. 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% Discuss
- 6. An egg seller sells his eggs only in the packs of 3 eggs, 6 eggs, 9 eggs,12 eggs etc., but the rate is not necessarily uniform. One day Raju (which is not the same egg seller) purchased at the rate of 3 eggs for a rupee and next hour he purchased equal number of eggs at the rate of 6 eggs for a rupee. Next day he sold all the eggs at the rate of 9 eggs for Rs. 2. What is his percentage profit or loss?
Options- A. 10% loss
- B. 11.11% loss
- C. 3% loss
- D. 2.5% profit Discuss
- 7. A merchant earns 25% profit in general. Once his 25% consignment was abducted forever by some goondas. Trying to compensate his loss he sold the rest amount by increasing his selling price by 20%. What is the new percentage profit or loss?
Options- A. 10% loss
- B. 12.5% loss
- C. 12.5% profit
- D. 11.11% loss Discuss
- 8. Cost Price of two motorcycles is same. One is sold at a profit of 15% and the other for Rs. 4800 more than the first. If the net profit is 20%. Find the cost price of each motorcycle :
Options- A. Rs. 48000
- B. Rs. 52000
- C. Rs. 36000
- D. Rs. 42500 Discuss
- 9. A man sold an article at a loss of 25% . If he sells the article for Rs. 21 more, he would have got a gain of 10% . The CP of the article is?
Options- A. Rs. 56
- B. Rs. 84
- C. Rs. 60
- D. Rs. 92 Discuss
- 10. Ramesh buys 2 articles for Rs. 600. He sells on them at a profit of 22% and other at a loss of 8% and makes no profit or loss at the end. What is the cost of the article he sold at a loss?
Options- A. Rs. 400
- B. Rs. 420
- C. Rs. 440
- D. None of these Discuss
Profit and Loss problems
Search Results
Correct Answer: Rs. 82
Explanation:
Let the loss be Rs. x
Then 75 = C.P. - x
and 96 = C.P. + 2x
On subtracting we get,
3x = 21
? x = 7
? C.P. = 75 + x = Rs. 82
Correct Answer: 20%
Explanation:
? S.P. = (90% of Rs. 480) = Rs. 432
Gain earned on it = 8%
? C.P. = Rs. (100/108) x 432 = Rs. 400
If no discount is allowed, S.P. = Rs. 480
? Required gain% = (80 /400) x 100 % = 20%
Correct Answer: 18
Explanation:
Cost price for 45 oranges - 20% = Rs. 40.
? Cost price for 45 oranges = Rs. 50.
When he sells for Rs. 24 his gain is 20%, hence cost price is Rs 20.
Number of oranges = (20 x 45)/50 = 18
Correct Answer: Rs. 7.20
Explanation:
Sale after 40% discount = 60% of Rs. 500 = Rs. 300
Price after 36% discount = 64% of Rs. 500 = Rs. 320
Price after next 4% discount = 96% of Rs. 320 = Rs. 307.20
? Required difference in two prices = (307.20 - 300) = Rs. 7.20
Correct Answer: 8%
Explanation:
Let C.P. = Rs. 100
Then marked price = Rs. 120
S.P. = 90% of Rs. 120 = Rs. 108
? Required gain% = {(108 - 100) / 100} x 100% = 8%
Correct Answer: 11.11% loss
Explanation:
CP of one egg (in first case) = 1/3 = 33.33 paise
CP of one egg (in second case) = 1/6 = 16.66 paise
Average CP of one egg = (33.33 + 16.66) / 2 = 25 paise
SP of one egg = 200/9 = 22.22 paise (Re. 1 = 100 paise)
Profit loss = {(25 - 22.22) / 25} x 100 ( loss% = {(CP - SP) / CP} x 100)
= 11.11% loss
Correct Answer: 12.5% profit
Explanation:
Let the CP of one articles be Rs. 1
Then, the SP be Rs. 1.25
Again the new SP be (1.25) x 1.2 = 1.5
Now, if he sell initially 100 articles, then
CP = 100 x 1 = Rs. 100
SP = 100 x 1.25 = Rs. 125
New SP = 75 x 1.5 = 112.5 (since 25% articles were abducted)
Therefore, new profit percentage = 12.5%
Correct Answer: Rs. 48000
Explanation:
Let the CP of each motorcycle be Rs.N then
(2 x 1.15 x N) + 4800 = 2 x 1.2 x N
? 0.1 x N = 4800
? N = 48000
Correct Answer: Rs. 60
Explanation:
Let CP Rs. x
Then, (110x / 100) - (75x / 100) = 21
? 35x = 2100
? x = Rs. 60
Correct Answer: Rs. 440
Explanation:
Let CP of first article = Rs. x
CP of second article = Rs. (600 - x)
SP of first article = Rs. (122x / 100)
SP of second article = Rs. [92(600 - x)/100]
? {122x/100} + {92(600 - x)/100} = 600
? 122x - 92x = 60000 - 92 x 600
? 30x = 4800
? x = 160
? CP of the article sold at a loss = (600 - x) = Rs 440
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