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Home Aptitude Profit and Loss Comments

  • Question
  • A Shopkeeper purchased some books from a publication worth ? 750. Because of some reasons, he had to sell two-fifth part of the book at a loss of 15%. On which gain he should sell his rest of the books, so that he gets neither nor loss


  • Options
  • A. 10%
  • B. 9%
  • C. 12%
  • D. 15%

  • Correct Answer
  • 10% 

    Explanation

    Here, A = 2/5, R = 15%
    According to the formula
    Gain % = AR/(1 - A)%
    = [(2/5) x 15]/[1 - (2/5)]%
    = (6 x 5)/3%
    = 10%


  • Profit and Loss problems


    Search Results


    • 1. 
      A person sold an article for ? 136 and got 15% loss, had he sold it for ? N, he would have got a profit of 15%. Which one of the following is correct?

    • Options
    • A. 190 < N < 200
    • B. 180 < N < 190
    • C. 170 < N < 180
    • D. 160 < N < 170
    • Discuss
    • 2. 
      A man sold two watches, each for ? 495. If he gained 10% on one watch and suffered a loss of 10% on the other, then what is the loss of gain percentage in the transaction?

    • Options
    • A. 1 % gain
    • B. 1% loss
    • C. 100/99% loss
    • D. Neither gain nor loss
    • Discuss
    • 3. 
      A person sold a watch at a profit of 10%. If he had sold it for ? 2000 more, he would have gained 20%. Find the CP of watch?

    • Options
    • A. ? 15000
    • B. ? 10000
    • C. ? 20000
    • D. ? 25000
    • Discuss
    • 4. 
      The price of a land passing through three hands, rises on the whole by 65%. If the first and second sellers earned 20% and 25% profit, respectively. Find the profit earned by the third seller?

    • Options
    • A. 20%
    • B. 55%
    • C. 10%
    • D. 25%
    • Discuss
    • 5. 
      A dealer bought 80 cricket bats for ? 50 each. He sells 20 of them at a gain of 5%. What must be the gain percentage of the remaining bats, so as to get 10% gain on the whole?

    • Options
    • A. 32/11%
    • B. 121/2%
    • C. 112/3%
    • D. ? 3350
    • Discuss
    • 6. 
      A dishonest dealer sells articles at 10% loss on cost price but uses the weight of 16g instead of 18g. What is his profit or loss per cent?

    • Options
    • A. 11/4% gain
    • B. 11/4% loss
    • C. 31/4% loss
    • D. 51/4% gain
    • Discuss
    • 7. 
      A Seller uses 920g in place of one kg to sell his goods. When he sells his article at 15% gain on cost price, the actual percentage of profit is?

    • Options
    • A. 20%
    • B. 15%
    • C. 25%
    • D. 30%
    • Discuss
    • 8. 
      A man sells rice at 10%profit and uses weight 30% less then the actual measure. His gain percent is?

    • Options
    • A. 572/8%
    • B. 571/7%
    • C. 572/5%
    • D. 573/7%
    • Discuss
    • 9. 
      A fruit seller buys 700 oranges at the rate of ? 500 for 100 oranges and another variety of 500 oranges at the rate of ? 700 for 100 oranges and sells them at ? 84 per dozen. The profit percent is

    • Options
    • A. 20%
    • B. 40%
    • C. 30%
    • D. 10%
    • Discuss
    • 10. 
      A tradesman marks his goods 30% more than the cost price. If he
      allows a discount of 6 1/ 4 % then his gain per cent is?

    • Options
    • A. 233/4%
    • B. 22%
    • C. 217/8%
    • D. None of these
    • Discuss


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