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Home Aptitude Profit and Loss Comments

  • Question
  • A dishonest dealer purchases goods at 20% discount of the cost price of Rs. x and also cheats his wholesaler by getting 20% extra through false weighing, per kg. Then he marks up his goods by 80% of x, but he gives a discount of 25% besides he cheats his customer by weighing 10% less than the required. What is his overall profit percentage?


  • Options
  • A. 125% 120%
  • B. 100%
  • C. 98.66%
  • D. 120%

  • Correct Answer
  • 125% 120% 

    Explanation

    Let the actual cost price of an article be Rs.1 (in place of x)
    Now the purchases goods worth Rs. 120 and pays Rs. 80, since 20% discount is allowed.
    So the CP = 80/120 = 2/3
    Again MP = 180, SP = 135 (since 25% discount)
    Thus the trader sells goods worth Rs.90 instead of 100 g and charges Rs. 135. Therefore the effective SP = 135/90 = 3/2

    Therefore Profit (%) = [(3/2 - 2/3 ) / (2/3)] x 100 = 125%


  • Profit and Loss problems


    Search Results


    • 1. 
      A trader marks up his goods by 80% and gives discount of 25%. Besides it he weighs 10% less amount while selling his goods. What is the net profit of trader?

    • Options
    • A. 50%
    • B. 35%
    • C. 45%
    • D. 55%
    • Discuss
    • 2. 
      Radhey Lal markup the prices of sweets by 40% and he sold only 40% of those at this price. He sells half of the rest at 14 2/ 4% discount and rest at 25% discount. What is the net profit of Radhey Lal?

    • Options
    • A. 26.5%
    • B. 23.5%
    • C. 30%
    • D. 28.6%
    • Discuss
    • 3. 
      Prathiba printers prepares diaries expecting to earn a profit of 40% by selling on the marked price. But during transportation 8% diaries were got spoiled due to at random rain and 32% could be sold only at 75% of the cost price. Thus the remaining 60% diaries could be sold at the expected price. What is the net profit or loss in the whole consignment?

    • Options
    • A. 6%
    • B. 10%
    • C. 8%
    • D. can't be determined
    • Discuss
    • 4. 
      Rotomac produces very fine quality of writing pens. Company knows that on average 10% of the produced pens are always defective so are rejected before packing. Company promises to deliver 7200 pens to its wholesaler at Rs. 10 each. It estimates the overall profit on all the manufactured pens to be 25%. What is the manufacturing cost of each pen?

    • Options
    • A. Rs. 6
    • B. Rs. 7.2
    • C. Rs. 5.6
    • D. Rs. 8
    • Discuss
    • 5. 
      Anupam sells a painting to Bhargava at 4/5 th the rate of profit at which Bhargava sells it to Chaudhary. Further Chaudhary sells it to Dara Singh at half the rate of profit at which Anupam sold it to Bhargava. If Chaudhary earns a profit of 10% by selling it to Dara Singh for Rs. 2805. What is the cost price of painting from Bhargava?

    • Options
    • A. 1896
    • B. 2040
    • C. 1680
    • D. 2000
    • Discuss
    • 6. 
      A merchant buys p apples for ? q and sells q apples for ? p. If p < q, then in the whole outlay, he makes.

    • Options
    • A. 10(p2 + q2/q2)% gain
    • B. 100 (q2 - p2/q2)% loss
    • C. 100 (p2 + q2/p2)% loss
    • D. 100 (q2 - p2/p2)% gain
    • Discuss
    • 7. 
      An article passing through two hands is sold at a profit of 40% at the original cost price. If the 1st dealer makes a profit of 20%, then the profit per cent made by the second is

    • Options
    • A. 151/3%
    • B. 151/3%
    • C. 162/3%
    • D. 132/3%
    • Discuss
    • 8. 
      A trader purchases a watch and a wall clock for ? 390. He sells them making a profit of 10% on the watch and 15% on the wall clock. He earnes a profit of ? 51.50. The difference between the original prices of the wall clock and the watch is equal to

    • Options
    • A. ? 110
    • B. ? 100
    • C. ? 80
    • D. ? 120
    • Discuss
    • 9. 
      A merchant has 1000 kg of sugar, part of which he sells at 8% profit and the rest at 18% profit. He gains 14% on the whole. The quantity sold at 18% profit is

    • Options
    • A. 500 kg
    • B. 600 kg
    • C. 400 kg
    • D. 640 kg
    • Discuss
    • 10. 
      A dealer buys an article marked at ? 25000 with 20% and 5% off. He spends ? 2000 on its repair and sells it for ? 25000. What is his gain or loss per cent?

    • Options
    • A. 21% loss
    • B. 10.50% loss
    • C. 19.05% gain
    • D. 25% gain
    • Discuss


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