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- Question
- Cost price of 12 oranges is equal to the selling price of 9 oranges and the discount on 10 oranges is equal to the profit on 5 oranges. What is the percentage point difference between the profit percentage and discount percentage?
Options- A. 20
- B. 22.22
- C. 16.66
- D. 15
- Correct Answer
- 22.22
ExplanationRatio of selling price and Cost Price,
SP:CP = 12:9 =4:3
Profit of 3 oranges = Re 1 (Let CP = Re 1)
Profit = 1/3 = 33.33%
and, Discount = 11.11%
Since, CP : SP : MP = 3:4:4.5
Profit doubles that of discount.
So, % point discount = 33.33%-11.11% = 22.22% point. - 1. The cost of servicing of a Maruti car at Maruti care Pvt. Ltd. is Rs. 400. Manager of service center told me that for the second service within a year a customer can avail a 10% discount and further for third and forth servicing he can avail 10% discount of the previous amount paid, within a year Further if a customer gets more than 4 services within a year he has to pay just 60% of the servicing charges on these services. A customer availed 5 services from the same servicing station, What is the total percentage discount fetched by the customer?
Options- A. 19.42%
- B. 18.5%
- C. 17.6%
- D. 26% Discuss
- 2. I wanted to purchase 10 chairs for the class room whose cost was Rs. 200 each. the trader offered me a discount if I were to purchase a set of 12 chairs. So I calculated that if I assume the normal price of 10 chairs then we can purchase 2 extra chairs which cost me only Rs. 80 each of two chairs at the cost price of 12 chairs after discount. What is the percentage discount?
Options- A. 6%
- B. 8%
- C. 12%
- D. 10% Discuss
- 3. The price of an article reduces to 576 after two successive discounts. The markup is 80% above the cost price of Rs. 500.What is the new profit percentage if instead of two successive discount the markup price was further increased successively two times by the same percentage?
Options- A. 259.2%
- B. 59.2%
- C. 159.2%
- D. can't be determined Discuss
- 4. A retailer increase the selling price by 25% due to which his profit percentage increases from 20% to 25%. What is the percentage increase in cost price?
Options- A. 20%
- B. 30%
- C. 25%
- D. 50% Discuss
- 5. 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
- 6. A car mechanic purchased four old cars for Rs. 1 lakh. He spent total 2 lakh in the maintenance and repairing of these four cars. What is the average sale price of the rest three cars to get 50% total profit if he has already sold one of the four cars at Rs. 1.2 lakh?
Options- A. 1.5 lakh
- B. 1.1 lakh
- C. 1.2 lakh
- D. 1.65 lakh Discuss
- 7. The cost of setting up a magazine is Rs. 2800. The cost of paper and ink etc is Rs. 80 per 100 copies and printing cost is Rs.160 per 100 copies. In the last month 2000 copies were printed but only 1500 copies could be sold at Rs. 5 each. Total 25% profit on the sale price was realized. There is one more resource of income from the magazine which is advertising. What some of money was obtained from the advertising in magazine?
Options- A. Rs. 1750
- B. Rs. 2350
- C. Rs. 1150
- D. Rs. 1975 Discuss
- 8. BSNL charges a fixed rental of Rs. 350/month. It allows 200 calls free per month. Each call is charged at Rs.1.4 when the number of calls exceeds 200/month and it charges Rs.1.6 when the number of calls exceeds 400/month and so on. A customer made 150 calls in February and 250 calls in March. By how much percent the each call is cheaper in March then each call is February?
Options- A. 28%
- B. 25%
- C. 18.5%
- D. none of these Discuss
- 9. Tika Chand has a weighing balance in which there is a technical fault. The right pan of his balance measure always 200 g more than its left pan.Tika Chand as usual misutilise this balance in his business. While purchasing the articles he puts goods in the left pan and weight in the right pan while selling he reverse the order i.e., goods in the right pan and weight in the left pan. He use only 2 kg weight for the measurement and to measure 2n kg weight he measures n times by 2-2 kg but he sells goods at cost price. What is his profit percentage?
Options- A. 20%
- B. 222/9%
- C. 182/11%
- D. none of these Discuss
- 10. Akram Miya has two types of grapes. One is the fresh grapes containing 80% water and dry grapes containing 25% water. He sells 20 kg dry grapes, by adding water to the dry grapes, at cost price. What is the total profit percentage when after adding water the weight of 20 kg dry grapes increase in the proportion of water in fresh grapes?
Options- A. 275%
- B. 200%
- C. 80%
- D. 125% Discuss
Profit and Loss problems
Search Results
Correct Answer: 19.42%
Explanation:
Amount paid in 1st service = 100 (suppose)
Amount paid in 2nd service = 90
Amount paid in 3rd service = 81
Amount paid in 4th service = 72.9
Amount paid in 5th service = 60
Total amount paid = 403.9
Discount = 500 - 403.9 = 96.1
Discount % = 96.1 / 500 X 100 = 19.42%
Correct Answer: 10%
Explanation:
Price of 10 chairs = 10 x 200 = 2000
Price of 12 chairs (without discount)= 12 x 200 = 2400
Price of 12 chairs (with discount) = 10 x 200 + 2 x 80 = 2160
Therefore discount = 2400 - 2160 = 240
Hence discount % = (240 / 2400) x 100 = 10%
Correct Answer: 159.2%
Explanation:
Cost price (CP) = 500
Selling Price (SP) = 576
Markup price (MP) = 900
Again SP = MP [( 1 - r/100)2] [r - rate of discount in %]
? 576 = 900 (1 - r/100)2
? 24/30 = (1 - r/100)
? r = 20%
Again, new SP = MP (1 + r/100)2
= 900 (1 + 20/100)2
= 1296
New, profit percentage = [(SP - CP)/CP] X 100
= [( 1296 - 500 ) / 500 ] x 100 = 159.2%
Correct Answer: 20%
Explanation:
In beginning
Cost Price (CP) = Rs. 100
Profit % = 20
Selling Price (SP) = 120
When profit increases from 20% to 25%
Cost Price (CP) = y
Profit % = 25
Selling Price (SP) after 25% increase = 120 + 25% = Rs. 150
From question
y + 25 % profit = 150
1.25 y = 150
so y = 120
% change in cost price = [ (120 - 100) / 100 ] x 100 = 20%
Correct Answer: 217/8%
Explanation:
Let the C.P. be Rs. 100
Then, Marked price = Rs. 130
? S.P. = (933/4 % of Rs. 130)
= Rs. (375/4 x 100 x 130)
= Rs. 975/8
= Rs. 1217/8
? Required gain% = 217/8 %
Correct Answer: 1.1 lakh
Explanation:
Total cost of 4 cars = 1 + 2 = 3 lakh
Total SP of 4 cars = 3 x 1.5 = 4.5 lakh
SP of first cars = 1.2 lakh
SP of rest 3 cars = 4.5 - 1.2 = 3.3 lakh
Average SP of all the 3 cars = 1.1 lakh
Correct Answer: Rs. 1975
Explanation:
Setup cost = Rs. 2800
Paper etc. = Rs. 1600
Printing cost = Rs. 3200
Total cost = Rs. 7600
Total sale price = 1500 x 5 = 7500
Let the amount obtained from advertising is "A" then
(7500 - A) - (7600) = 25% of 7500
A= 1975
Correct Answer: 28%
Explanation:
Charges of 1 call in February = 350 / 150 = 7/3
Charges of 1 call in March = [350 + ( 50 x 1.4) ] / 250
= 420 / 250
= 42 / 25
% Cheapness of a call in march = [(7/3 - 42/25) / 7/3] x 100
= 28%
Correct Answer: 222/9%
Explanation:
Let the CP and SP of 1g = Re. 1, then
He spends Rs. 2000 and purchase 2200 g
and he charges Rs. 2000 and sells 1800 g
Profit (%) = [goods left / goods sold ] x 100
= [ 400 / 1800 ] x 100
= 22 2/9 %
Correct Answer: 275%
Explanation:
Fresh grapes
Water: Pulp = 80% : 20% = 4 : 1
Dry grapes
Water: Pulp = 25% : 75% = 1 : 3
So out of 20 kg dry grapes, Water : Pulp = 5 kg : 15 kg
After adding of water the ratio of water : pulp is same as the fresh grapes = 4 : 1
So after adding water the quantity of Water and Pulp are 60 kg and 15 kg respectively.
Thus to make dry grapes similar to the fresh grapes, Akram requires 55 kg water with 20kg of dry grapes.
So, the profit (%) = (55 / 20) x 100 = 275 %
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