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- Question
- The profit earned after selling a pair of shoes for ? 2033 is the same as the loss incurred after selling the same pair of shoes for ? 1063. What is the cost price of the shoes?
Options- A. ? 1650
- B. ? 1548
- C. ? 1532
- D. Cannot be determined
- Correct Answer
- ? 1548
ExplanationLet the cost price of the shoes = ? x
According to the question,
2033 - x = x - 1063
? 2x = 2033 + 1063 = 3096
? x = 3096/2 = ? 1548 - 1. Neeta got profit of 10% on selling an article in ? 220. To get the profit of 30%, she should sell the article in how many rupees?
Options- A. ? 220
- B. ? 230
- C. ? 260
- D. ? 280 Discuss
- 2. An article is sold for ? 300 at a profit of 20%. Had it been sold for ? 235, the loss percentage would have been?
Options- A. 3%
- B. 5%
- C. 6%
- D. 16% Discuss
- 3. Meera purchased 23 bracelets at the rate of ? 160 per bracelet. At what rate per bracelet should she sell the bracelets so that profit earned is 15%?
Options- A. ? 184
- B. ? 186
- C. ? 192
- D. ? 198 Discuss
- 4. A person sold an article for ? 3600 and got a profit of 20%. Had he sold the article for ? 3150, how much profit would he have got?
Options- A. 4%
- B. 5%
- C. 6%
- D. 10% Discuss
- 5. If a watch is sold for ? 120, there is a loss of 15%. For a profit of 2%, the watch is to be sold for
Options- A. ? 144
- B. ? 175
- C. ? 185
- D. ? 165 Discuss
- 6. A man sells an article at a profit of 40%. If he had bought it at 40% less and sold for ? 5 less, he would have gained 50% . Find the cost price of the article .
Options- A. ? 10
- B. ? 15
- C. ? 20
- D. ? 30 Discuss
- 7. A person sold his watch for ? 75 and got a percentage profit equal to the cost price. The cost price of the watch is.
Options- A. ? 40
- B. ? 45
- C. ? 50
- D. ? 55 Discuss
- 8. Two lots of onions with equal quantity, one costing ? 10 per kg and the other costing ? 15 per kg, are mixed together and whole lot is sold at ? 15 per kg. What is the profit or loss?
Options- A. 10% loss
- B. 10% profit
- C. 20% profit
- D. 20% loss Discuss
- 9. A vender sells lemons at the rate of 5 for ? 14. gaining thereby 40%. For how much did he buy a dozen lemon?
Options- A. ? 20
- B. ? 21
- C. ? 24
- D. ? 28 Discuss
- 10. By selling 32 orange for ? 30 a man loses 25%. How many oranges should be sold for ? 24 so as to gain 20% in the transaction?
Options- A. 16
- B. 24
- C. 32
- D. 28 Discuss
Profit and Loss problems
Search Results
Correct Answer: ? 260
Explanation:
Let cost price of an article = (220 x 100)/110 = ? 200
For getting the profit of 30%, Selling price of an article = 130% of ? 200
= (130/100) x 200 = ? 260
Correct Answer: 6%
Explanation:
Let the cost price of article = ? N
Then, 120% of N = 300
? (120 x N)/100 = 300
? N = (300 x 100)/120 = ? 250
Now, SP = ? 235
Then, loss percentage = [(250 - 235)/250 ] x 100 = 6%
Correct Answer: ? 184
Explanation:
Cost price of one bracelet = ? 160
Profit earned = 15%
? Selling price of one bracelet
= Cost Price + Profit earned
= 160 + (160 x 15)/100
= 160 + (16 x 15)/10 = 160 + 240/10
= 160 + 24 = 184 = ? 184
Hence, Meera should sale her bracelet ? 184 per piece.
Correct Answer: 5%
Explanation:
Let the cost price of the article be ? N.
Now, N + 20N/100 = 3600
? 120N/100 = 3600
? N = 3000
Now, profit percentage when the article is sold for ? 3150 = [(3150 - 3000)/3000] x 100
= (150/3000) x 100 = 5%
Correct Answer: ? 144
Explanation:
SP = ? 120 and loss = 15%
? CP = (100/85) x 120 = 2400/17,
Gain = 2%
? Required SP = (102/100) x (2400/17) = ? 144
Correct Answer: ? 10
Explanation:
Let CP = ? 100, then SP = 140
New CP = ? 60 and new SP = (60 x 150)/100 ? 90
According to the question,
?(140 - 90) = ? 50 is equivalent to ? 5.
? ? 100 is equivalent to ? 10.
? CP = ? 10
Correct Answer: ? 50
Explanation:
Let CP of the watch be ? N.
Then , According to the question,
[(75 - N)/ N] x 100 = N
? (75 - N) x 100 = N2
? N2 + 100N - 7500 = 0
? N2 + 150N - 50N - 7500 = 0
? N(N + 150) - 50 (N + 150) = 0
? (N + 150) (N - 50) = 0
? N = ? 50
Correct Answer: 20% profit
Explanation:
Let each lot of onion-contain N kg onion,
Then total cost price of these two lots together = 10N + 15N = 25N
Selling price of whole lot = 15 x (N + N) = 15 x 2N = 30N
Profit percentage = [(30N - 25N)/25N] x 100 %
= (5/25) x 100%
= 20%
Correct Answer: ? 24
Explanation:
SP of 1 lemon = ? 14/5
Let CP of 1 lemon = N
According to the question, (N x 140)/100 = 14/5
? N = ? 2
? CP for 12 lemons = 12 x 2 = 24
Correct Answer: 24
Explanation:
Let the cost price be ? N.
SP of 1 orange = ? 30/32 = ? 15/16
According to the question, 75N/100 = 15/16
? N = [(15 x 100)/75] x 16 = ? 5/4
SP of 1 orange with 20% profit = ? [(5/4) x 120]/100 = ? 3/2
? In ? 3/2, the number of oranges sold = 1
? in ? 24, the number of oranges sold = (2/3) x 24 = 16
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