logo

CuriousTab

CuriousTab

Discussion


Home Aptitude Profit and Loss Comments

  • Question
  • 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

  • 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

  • Tags: AIEEE, Bank Exams, CAT, Bank Clerk, Bank PO

    Profit and Loss problems


    Search Results


    • 1. 
      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
    • Discuss
    • 2. 
      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
    • 3. 
      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
    • 4. 
      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
    • 5. 
      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
    • 6. 
      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
    • 7. 
      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
    • 8. 
      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
    • 9. 
      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
    • 10. 
      Pankaj and Sushil invested some amount of money in the ratio of 3 : 5 for the same period in the business.They decided that at the end of the year 20% profit was to be given to AIDS Control Society of india as a donation. Out of the remaining, 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals.If the difference in there share is Rs. 1200. Find the total profit?

    • Options
    • A. 18000
    • B. 24000
    • C. 20000
    • D. none of these
    • Discuss


    Comments

    There are no comments.

Enter a new Comment