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Home Aptitude Profit and Loss Comments

  • Question
  • A man perchases certain number of toffees at 6 per rupee. and the same number of toffees at 7 per rupee. He mixed the toffs and sells them at 6 per rupee. What is his gain or loss percent?


  • Options
  • A. 69/13 % loss
  • B. 79/13% gain
  • C. 76/13 % loss
  • D. 75/13 gain

  • Correct Answer
  • 79/13% gain 

    Explanation

    CP of 1 toffee for 1st rate = 1/6
    CP of 1 toffee for 2nd rate = 1/7
    CP of 2 toffee after mixing = 1/6 + 1/7 = 13/42
    CP of 1 toffee after mixing = 13/84
    SP of 1 toffee after mixing = 1/6
    Gain = 1/6 - 13/84 = 1/84
    Gain% = [(1/84) / (13/84)] x 100% = 100/13% = 79/13%


  • Profit and Loss problems


    Search Results


    • 1. 
      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
    • 2. 
      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
    • 3. 
      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
    • 4. 
      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
    • 5. 
      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
    • 6. 
      Raj sold an item for ? 6384 and incurred a loss of 30%. At what price should he have sold the item to have gained a profit of 30%

    • Options
    • A. ? 14656
    • B. ? 11856
    • C. ? 13544
    • D. cannot be determind
    • Discuss
    • 7. 
      Niraj incurred a loss of 55% on selling an article for ? 9549. What was the cost price of the article?

    • Options
    • A. ? 27700
    • B. ? 25600
    • C. ? 21220
    • D. ? 29000
    • Discuss
    • 8. 
      Find the percentage loss when the cost price and selling price of an article are in the ratio of 5 : 3.?

    • Options
    • A. 40%
    • B. 35%
    • C. 45%
    • D. 26%
    • Discuss
    • 9. 
      A shopkeeper sells eggs at 20 for a rupee gaining 30%. How many eggs did he buy for a rupee?

    • Options
    • A. 40
    • B. 30
    • C. 35
    • D. 26
    • Discuss
    • 10. 
      A man brought toffees at 6 for a rupee. How many toffees for a rupee must he sell to gain in 50%.?

    • Options
    • A. 5
    • B. 2
    • C. 4
    • D. 6
    • Discuss


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