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Home Aptitude Profit and Loss Comments

  • Question
  • A person sold a table at a gain of 15%. Had he bought it for 25% less and sold it for ? 60 less, he would have made a profit of 32%. The cost price of table was


  • Options
  • A. ? 300
  • B. ? 350
  • C. ? 375
  • D. ? 400

  • Correct Answer
  • ? 375 

    Explanation

    Let the cost price of table = ? N
    Then, selling price with 15% gain
    = (100 + Gain%) x CP/100
    = (100 + 15)% x CP/100
    = (115 x N)/100 = ? 115N/100

    Now CP = [(100 - 25%) x CP]/100 = ? 75N/100
    New SP = ? (115N/100) - 60

    Now, according to the question,
    [[(115/100 )- 60) - (75N/100)]/ (75N/100)] x 100 = 32
    ? [[(115N - 6000 - 75N)/100 ]/ (75N/100)] x 100 = 32
    ? [(40N - 6000)/75N] x 100 =32
    ? (40N - 6000)/(3N x 4) = 32
    ? 160N - 24000 = 96N
    ? 160N - 96N = 24000
    ? 64N = 24000
    ? N = 24000/64
    ? N = ? 375
    ? The cost price of table is ? 375.


  • Profit and Loss problems


    Search Results


    • 1. 
      Assuming that profit of a shopkeeper in a particular commodity is a linear expression of transportation charge (t) and the quantity of commodity (q) . He earns a profit of ? 10000 by selling 20 units at the transport charge of ? 400. He also earn a profit of ? 12000 by selling 25 units at the transport charge of ? 600. What is the linear expression in t and q?

    • Options
    • A. 600q - 5t
    • B. 500q - 4t
    • C. 600q - 4t
    • D. 500q - 5t
    • Discuss
    • 2. 
      A bookseller sells a book at a gain of 10%. if he had bought it at 4% less and sold it for ? 6 more, he would have gained 118 3/ 4%. The CP of the book is?

    • Options
    • A. ? 130
    • B. ? 140
    • C. ? 150
    • D. ? 160
    • Discuss
    • 3. 
      A merchant earns a profit of 20% by selling a basket containing 80 apples whose cost is ? 240 but he gives one-fourth of it to his friend at cost price and sells the remaining apples. In order to earn the same profit, at what price must he sell each apple?

    • Options
    • A. ? 3.00
    • B. ? 3.60
    • C. ? 3.80
    • D. ? 4.80
    • Discuss
    • 4. 
      A shopkeeper sells transistors at 15% above its cost price. If he had bought it at 5% more than what he paid for it and sold it for ? 6 more, he would have gained 10%. The cost price of the transistor is?

    • Options
    • A. ? 800
    • B. ? 1000
    • C. ? 1200
    • D. ? 1400
    • Discuss
    • 5. 
      Cost of a packet of coffee powder and a litre of milk are ? 20 and ? 30 respectively. 10 cups of coffee is made with one packet coffee powder and for each cup 200 ml of milk is used. If coffee is sold at 25% profit, the selling price of each cup of coffee is

    • Options
    • A. ? 12.50
    • B. ? 6.25
    • C. ? 8
    • D. ? 10
    • Discuss
    • 6. 
      A person bought two bicycles for ? 1600 and sold the first at 10% profit and the second at 20% profit. If he sold the first at 20% profit and the second at 10% profit, he would get ? 5 more. The difference in the cost price of the two bicycles was

    • Options
    • A. ? 25
    • B. ? 75
    • C. ? 50
    • D. ? 40
    • Discuss
    • 7. 
      835, 734, 642, 751, 853, 981, 532?

    • Options
    • A. 751
    • B. 853
    • C. 981
    • D. 532
    • Discuss
    • 8. 
      8, 27, 64, 100, 125, 216, 343?

    • Options
    • A. 27
    • B. 100
    • C. 125
    • D. 343
    • Discuss
    • 9. 
      1, 4, 9, 16, 20, 36, 49?

    • Options
    • A. 1
    • B. 9
    • C. 20
    • D. 49
    • Discuss
    • 10. 
      10, 25, 45, 54, 60, 75, 80?

    • Options
    • A. 10
    • B. 45
    • C. 54
    • D. 75
    • Discuss


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