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- Question
- On selling an article for Rs. 64 one loses 20% . In order to gain 20%, what should be the selling price?
Options- A. Rs. 96
- B. Rs. 98
- C. Rs. 94
- D. Rs. 99
- Correct Answer
- Rs. 96
ExplanationLet the cost price = Rs. N, loss = 20% and SP = Rs. 64
N = (100/80) x 64 = Rs. 80
Now, CP = Rs. 80, and gain = 20%
so SP = (120/100) x 80 = Rs. 96 - 1. 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
- 2. 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
- 3. 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
- 4. 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
- 5. 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
- 6. A furniture seller sells two tables at Rs. 1500 each. He earned a profit of 20% on one table and suffered a loss of 20% on the another table. Net profit or loss in this deal is?
Options- A. 4% loss
- B. 4% profit
- C. Neither loss nor profit
- D. 10% loss Discuss
- 7. A man sold two books at Rs. 24 each, on one he got a profit of 20% and on other, he lost 20% . On the whole, he?
Options- A. loss Rs. 1
- B. gained Rs. 1
- C. lost Rs. 2
- D. gained Rs. 2 Discuss
- 8. A man purchases two clocks A and B at a total cost of Rs. 650. He sells A with 20% profit and B at a loss of 25% and gets the same selling price for both the clocks. What are the purchasing price of A and B, respectively?
Options- A. Rs. 225, Rs 425
- B. Rs. 250, Rs. 400
- C. Rs. 275, Rs. 375
- D. Rs. 300, Rs. 350 Discuss
- 9. A property dealer sells a house for Rs. 630000 and in the bargain makes a profit of 5% . Had he sold it for Rs. 500000, then what percentage of loss or gain he would have made?
Options- A. 15% loss
- B. 15% gain
- C. 162/3% gain
- D. 162/3% loss Discuss
- 10. If a person makes a profit of 10% on 1/4 th of the quantity sold and a loss of 20% on the rest, then what is his average percent profit or loss?
Options- A. 12.5% Profit
- B. 11.25% loss
- C. 11.75% Profit
- D. 12.5% loss Discuss
Profit and Loss problems
Search Results
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
Correct Answer: Rs. 60
Explanation:
Let CP Rs. x
Then, (110x / 100) - (75x / 100) = 21
? 35x = 2100
? x = Rs. 60
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: 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: 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: 4% loss
Explanation:
Overall loss % = (a2/100) % = (202/100) % = 4%
Thus, seller gets 4% loss in the deal.
Correct Answer: lost Rs. 2
Explanation:
SP of first book = Rs. 24, gain = 20%
CP of first book = (100/120) x 24 = Rs. 20
SP of second book = Rs. 24, loss = 20%
CP of second book = (100/80) x 24 = Rs. 30
Total CP = (20 + 30) = 50
Total SP = (24 x 2) = Rs. 48
Loss = (50 - 48) = Rs. 2
So, on the whole, there is a loss of Rs. 2
Correct Answer: Rs. 250, Rs. 400
Explanation:
Let the cost price of watch A = Rs. N
Then, cost price of watch B = Rs. (650 - N)
Now, selling price of watch A = (120 x N) / 100 = Rs. 6N/5
Also, selling price of watch B = (650 - N) x (75/100) = Rs. {3 x (650 - N)}/4
As, according to the question, two selling prices are equal.
? 6N/5 = {3 x (650 - N)}/4
? 8N = 5 x (650 - N)
? 8N + 5N = 5 x 650
? 13N = 5 x 650
? N = (5 x 650)/13 = 250
? Cost price of watch A = Rs. 250
and cost price of watch B = (650 - 250) = Rs. 400
Correct Answer: 162/3% loss
Explanation:
SP = Rs. 63000, Profit = 5%
? CP =Rs. (100/105) x 63000 = Rs. 600000
If SP would have been Rs. 500000, then there would have been a loss of 162/3% .
Correct Answer: 12.5% loss
Explanation:
Suppose CP = Rs. 100
? Gain on Rs. 25 = Rs. 2.50
? SP = Rs. 27.50
Loss on Rs. 75 = Rs. 15
? SP = Rs. 60
? Total SP = 60 + 27.50 = Rs. 87.50
? Loss = Rs. 12.50 i.e. 12.5% loss.
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