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Home Aptitude Profit and Loss Comments

  • Question
  • A man gained 10% by selling an article for a certain price. If the sells it at double the price, then the profit made is?


  • Options
  • A. 120%
  • B. 20%
  • C. 40%
  • D. 100

  • Correct Answer
  • 120% 

    Explanation

    Let CP of the article be ? N
    Then, SP = 110% of x = 1.1N
    If SP be double i.e., 2.2N, then
    Profit per cent= [(2.2N - N)/ N] x 100% = 120%


  • Profit and Loss problems


    Search Results


    • 1. 
      A man purchases as certain number of oranges at 4 a rupee and the same number of orange at 5 a rupees. He mixes them together and sells them at 4 a rupee. What is the gain or loss percent?

    • Options
    • A. 112/9 %gain
    • B. 112/9 % loss
    • C. 111/9 gain
    • D. 111/9 %loss
    • Discuss
    • 2. 
      A woman bought eggs at ? 30 per dozen, The selling price per hundred so as to gain 12% will be (in ?)

    • Options
    • A. 280
    • B. 250
    • C. 300
    • D. 360
    • Discuss
    • 3. 
      Meena purchased two fans each at ? 1200. She sold one fan at the loss of 5% and other at the gain of 10%. Find total gain or loss per cent?

    • Options
    • A. 1.2 % loss
    • B. 1.2% profit
    • C. 2.5% profit
    • D. 2.5% loss
    • Discuss
    • 4. 
      The owner of a furniture shop charges his customer 18% more than the CP. if a customer paid ? 10207 for a dining table, then find its original price.

    • Options
    • A. ? 9240
    • B. ? 8650
    • C. ? 9840
    • D. ? 7670
    • Discuss
    • 5. 
      Charu purchased a dinner set at 3/10th of its selling price and sold it at 10% more than its CP. Find the gain per cent.?

    • Options
    • A. 15%
    • B. 5%
    • C. 9%
    • D. 10%
    • Discuss
    • 6. 
      A man sold an article for ? 322, gaining 1/6th of his outlay. Find the cost price of the article?

    • Options
    • A. ? 300
    • B. ? 376
    • C. ? 175
    • D. ? 276
    • Discuss
    • 7. 
      The cost price of an item is two third of the selling price. What is the gain of loss per cent on that item?

    • Options
    • A. 45
    • B. 50
    • C. 35
    • D. 54
    • Discuss
    • 8. 
      The difference between the CP and SP of the article is ? 240. If the profit is 20%, the selling price is?

    • Options
    • A. ?1440
    • B. ? 1400
    • C. ? 1240
    • D. ? 1200
    • Discuss
    • 9. 
      Punkaj purchased an item for ? 7500 and sold it at the gain of 24%. Find the amount he purchased another item and sold it at the loss of 20%. What is his over all gain/ loss?

    • Options
    • A. Loss of ? 140
    • B. Gain of ? 60
    • C. Loss of ? 60
    • D. Neither gain nor loss
    • Discuss
    • 10. 
      Sumit purchased an item for ? 4000 and sold it at the gain% of 35%. From that amount, he purchased another item and sold it at the loss of 20%. What is his over all gain/loss?

    • Options
    • A. loss of ? 340
    • B. Gain of ? 320
    • C. Loss of ? 360
    • D. Neither gain nor loss
    • Discuss


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