.A shopkeeper sells two watches for Rs 308 each. On one watch he earns 12% profit and on the others he suffers 12% loss. His profit or loss in the entire transaction was: 1. 1(11/25)% loss 2. 1(11/25)% gain 3. 3(2/25)% loss 4. 3(2/25)% gain

.A shopkeeper sells two watches for Rs 308 each. On one watch he earns 12% profit and  on the others he suffers 12% loss. His profit or loss in the entire transaction was: 1. 1(11/25)% loss
2. 1(11/25)% gain
3. 3(2/25)% loss
4. 3(2/25)% gain
by

2 Answers

Answer :

1. 1(11/25)% loss
by

Answer :

. 3(2/25)% loss
by

Related questions

A shopkeeper sells two watches for Rs 308 each. On one watch he earns 12% profit and on the others he suffers 12% loss. His profit or loss in the entire transaction was: 1. 1(11/25)% loss 2. 1(11/25)% gain 3. 3(2/25)% loss 4. 3(2/25)% gain

Description : A shopkeeper sells two watches for Rs 308 each. On one watch he earns 12% profit and on the others he suffers 12% loss. His profit or loss in the entire transaction was: 1. 1(11/25)% loss 2. 1(11/25)% gain 3. 3(2/25)% loss 4. 3(2/25)% gain

Last Answer : 3. 3(2/25)% loss

A car worth Rs.2,50,000 is sold by usha to nandhini at 10 % profit. Nandhini sells the car back to usha at 4% loss. Then in the entire transaction total gain by usha is?

Description : A car worth Rs.2,50,000 is sold by usha to nandhini at 10 % profit. Nandhini sells the car back to usha at 4% loss. Then in the entire transaction total gain by usha is?

Last Answer : Money spent by usha = Rs.2,50,000  Money received by usha = 110% of Rs.2,50,000 = 2,75,000  Cost price to usha = 96% of Rs.2,75.000 = Rs.2,64,000  Therefore usha gains Rs(2,75,000 – 2,64,000) = Rs.11000

.Kamya purchased an item for Rs 46,000 and sold it at a loss of 12 per cent. With that amount she purchased another item which he sold at a gain of 12%. What was her overall gain/loss? 1. Loss of Rs 662.40 2. Profit of Rs 662.40 3. Loss of Rs 642.80 4. Profit of Rs 642.80

Description : .Kamya purchased an item for Rs 46,000 and sold it at a loss of 12 per cent. With that amount she purchased another item which he sold at a gain of 12%. What was her overall gain/loss? 1. Loss of Rs 662.40 2. Profit of Rs 662.40 3. Loss of Rs 642.80 4. Profit of Rs 642.80

Last Answer : 2. Profit of Rs 662.40

After selling a fan at 6% gain and a fridge at 9% gain, a shopkeeper gains Rs 5100. But if he sells the fan at 9% gain and the fridge at 6% loss, he gains Rs 1800 on the whole transaction. Find the original price of the fan.

Description : After selling a fan at 6% gain and a fridge at 9% gain, a shopkeeper gains Rs 5100. But if he sells the fan at 9% gain and the fridge at 6% loss, he gains Rs 1800 on the whole transaction. Find the original price of the fan.

Last Answer : let the price of fan be X and fridge be Y 6x/100+9y/100 = 5100 6x+9y=510000------(1) then 9x/100-6y/100=1800 9x-6y=180000-------(2) Calculate both, the we will get x=Rs40000

A shopkeeper bought 30 kg of wheat at the rate of Rs 45 per Kg. He sold 40% of the total quantity at the rate of Rs 50 per Kg. Approximately, at what price per Kg should he sell the remaining quantity to make 25 per cent overall profit? 1. Rs 54 2. Rs 52 3. Rs 50 4. Rs 60

Description : A shopkeeper bought 30 kg of wheat at the rate of Rs 45 per Kg. He sold 40% of the total quantity at the rate of Rs 50 per Kg. Approximately, at what price per Kg should he sell the remaining quantity to make 25 per cent overall profit? 1. Rs 54 2. Rs 52 3. Rs 50 4. Rs 60

Last Answer : 4. Rs 60

A man sells two flats at the rate of Rs. 2 lakhs each. On one he gains 3% and on the other, he loses 3%. His gain or loss % in the whole transaction is A. 9% loss B. 2% loss C. 3% loss D. 25% loss

Description : A man sells two flats at the rate of Rs. 2 lakhs each. On one he gains 3% and on the other, he loses 3%. His gain or loss % in the whole transaction is A. 9% loss B. 2% loss C. 3% loss D. 25% loss

Last Answer : Answer – A (0.09% loss) Explanation – Loss% = X^2/100=(3)^2/100 % =0.09%

A sells an article to B making a profit of 1/5 th his outlay. B sells it to C, gaining 20%. If C sells it for Rs 600 and incurs a loss of 1/6 th his outlay, the cost price of A is: 1. Rs 600 2. Rs 500 3. Rs 720 4. Rs 800

Description : A sells an article to B making a profit of 1/5 th his outlay. B sells it to C, gaining 20%. If C sells it for Rs 600 and incurs a loss of 1/6 th his outlay, the cost price of A is: 1. Rs 600 2. Rs 500 3. Rs 720 4. Rs 800

Last Answer : 1. Rs 600

A shopkeeper sells speaker at the rate of Rs 914each and earns the commission of 4%. He also sells phones at the rate of Rs 160each and earns a commission of 20%. How much amount of commission will he earn in two weeks if he sells 20 speaker and 12phones per day?

Description : A shopkeeper sells speaker at the rate of Rs 914each and earns the commission of 4%. He also sells phones at the rate of Rs 160each and earns a commission of 20%. How much amount of commission will he earn in two weeks if he sells 20 speaker and 12phones per day?

Last Answer : Sp of modem=Rs 914 Commission of one speaker =4*914/100 Commission of 20 speakers = 4*914*20/100=Rs 731.2 Commission of one phone = 20*160/100 Commission of 12 phones = 20*160*12/100=384 Total ... 384) = 1115.2 The amount of commission will he earn in 2 weeks = 1115.2*14= Rs 15,612.8

By selling a telephone for Rs. 2400, a shopkeeper make a profit of 25%. Then, his profit percentage, if he had sold it for Rs. 2016, is ? (a) 10% (b) 6.25% (c) 6.5% (d) 5% (e) 12%

Description : By selling a telephone for Rs. 2400, a shopkeeper make a profit of 25%. Then, his profit percentage, if he had sold it for Rs. 2016, is ? (a) 10% (b) 6.25% (c) 6.5% (d) 5% (e) 12%

Last Answer : (d) 5%

A sells an article to B at 15% profit. B sells it to C at 10% loss. If C pays Rs 517.50 for it then A purchased it at: 1. Rs 500 2. Rs 750 3. Rs 1000 4. Rs 1250

Description : A sells an article to B at 15% profit. B sells it to C at 10% loss. If C pays Rs 517.50 for it then A purchased it at: 1. Rs 500 2. Rs 750 3. Rs 1000 4. Rs 1250

Last Answer : 1. Rs 500

There are 6 working days in a regular week and for each day, 10 hours is working hours. A woman earns Rs. 2.10 per hour. For regular work and Rs. 4.20 per hour for overtime. If he earns Rs. 525 in 4 weeks, how many hours did she work ? 1) 245 2) 225 3) 275 4) 255 5) 235

Description : There are 6 working days in a regular week and for each day, 10 hours is working hours. A woman earns Rs. 2.10 per hour. For regular work and Rs. 4.20 per hour for overtime. If he earns Rs. 525 in 4 weeks, how many hours did she work ? 1) 245 2) 225 3) 275 4) 255 5) 235

Last Answer : 1) 245

A house and shop were sold for Rs. 1 lakh each. In this transaction the house sell resulted into 20% loss whereas the shop sell resulted into 20% of profit. The entire transaction resulted in: A. no loss no gain B. loss of Rs 1/12 lakh C. loss of Rs 4lakh D. gain of Rs 6lakh

Description : A house and shop were sold for Rs. 1 lakh each. In this transaction the house sell resulted into 20% loss whereas the shop sell resulted into 20% of profit. The entire transaction resulted in: A. no loss no gain B. loss of Rs 1/12 lakh C. loss of Rs 4lakh D. gain of Rs 6lakh

Last Answer : Answer – B (loss of Rs. 1/12 lakh) Explanation – Total S.P = Rs. 2 lakh. C.P of house = Rs. (100/80 x 1)lakh = Rs 5/4 lakh C.P of shop = Rs. (100/120 x 1)lakh = Rs. 5/6 lakh Total C.P = Rs. (5/4 + 5/6)lakh = Rs. 25/12 lakh ∴ loss = Rs.(25/12 – 2)lakh = Rs. 1/12 lakh.

A shopkeeper sells a cricket bat whose marked price is Rs.60 at a discount of 20% and gives a ball costing Rs.3 free with each bat. Even then he makes a profit of 25%. His cost per bat is.

Description : A shopkeeper sells a cricket bat whose marked price is Rs.60 at a discount of 20% and gives a ball costing Rs.3 free with each bat. Even then he makes a profit of 25%. His cost per bat is.

Last Answer : Marked price = Rs.60  Selling price = Rs [(80/100 * 60) – 3]  = Rs.45 Let cost price brRs ‘x’.  Then 125% of x = 45  (125/100 * x) = 45  Cost price of one bat = Rs.36

A man sells two houses at the rate of Rs.1.995 lakh each. On one he gains 5% and on the other he loses 5%. His gain or loss per cent in the whole transaction is a) 0.25% loss b) 0.25% gain c) 2.5% loss d) 2.5% gain e) 1.25% loss

Description : A man sells two houses at the rate of Rs.1.995 lakh each. On one he gains 5% and on the other he loses 5%. His gain or loss per cent in the whole transaction is a) 0.25% loss b) 0.25% gain c) 2.5% loss d) 2.5% gain e) 1.25% loss

Last Answer : a) 0.25% loss

The profit earned after selling a wrist watch for Rs 4,080 is the same as the loss incurred after selling the same wrist watch for Rs 3,650. What is the cost price of the wrist watch? 1. Rs 3,785 2. Rs 3,800 3. Rs 3,775 4. Rs 3,865

Description : The profit earned after selling a wrist watch for Rs 4,080 is the same as the loss incurred after selling the same wrist watch for Rs 3,650. What is the cost price of the wrist watch? 1. Rs 3,785 2. Rs 3,800 3. Rs 3,775 4. Rs 3,865

Last Answer : 3865

A man sells two flats for Rs. 8000 each. neither loosing nor gaining in the deal. If he sold one at a gain of 25%, the other commodity sold at a loss of: A. 50/3 % B. 18 /3% C. 25% D. 32%

Description : A man sells two flats for Rs. 8000 each. neither loosing nor gaining in the deal. If he sold one at a gain of 25%, the other commodity sold at a loss of: A. 50/3 % B. 18 /3% C. 25% D. 32%

Last Answer : Answer – A (50/3 %) Explanation – Total S.P = 16000 Rs. and Total C.P = 16000 Rs. S.P. of Ist = Rs. 8000. Gain on it = 25% C.P of Ist = Rs. (100/125 x 8000) = Rs.6400 C.P of 2nd = Rs, (16000 – 6400) = Rs. 9600. S.P of 2nd = 8000. ∴loss on 2nd commodity = (1600/9600 x 100)% = 50/3%

The sale price of an article including the sale tax is Rs. 616. The rate of sale tax is 10% . If the shopkeeper has made a profit of 12%, the cost price of the article is [The Pearson Guide book] A. Rs 500 B. Rs 515 C. Rs 550 D. Rs 600

Description : The sale price of an article including the sale tax is Rs. 616. The rate of sale tax is 10% . If the shopkeeper has made a profit of 12%, the cost price of the article is [The Pearson Guide book] A. Rs 500 B. Rs 515 C. Rs 550 D. Rs 600

Last Answer : Answer – A. Rs 500 Explanation – 110% of S.P. = 616 = S.P. = Rs.(616 x 100/110) = Rs.560. C.P. = Rs (100/112 x 560) = Rs 500

Rahul invested a certain amount in buying Rs. 25 shares of a company, which pays a dividend of 12%. If the earns 10% per annum on his investment, then

Description : Rahul invested a certain amount in buying Rs. 25 shares of a company, which pays a dividend of 12%. If the earns 10% per annum on his investment, then

Last Answer : Rahul invested a certain amount in buying Rs. 25 shares of a company, which pays a dividend of ... , then find the market value of each share.

A shopkeeper declares that he sells rice at the cost price. However he uses a weight of 425 grams. Instead of 500 grams, what is his percentage of profit? a) a) 16 5/6 b) 15 c) c) 20 7/23 d) 25 e) None of these

Description : A shopkeeper declares that he sells rice at the cost price. However he uses a weight of 425 grams. Instead of 500 grams, what is his percentage of profit? a) a) 16 5/6 b) 15 c) c) 20 7/23 d) 25 e) None of these

Last Answer : % profit = Loss/Actual Weight x 100 = 500 – 425/500 × 100 = 75/500 x 100 = 15% Answer: b)

A shopkeeper announced 35% discount on an item. A customer bought the item from the shop for Rs. 21000 after getting discount. That person sells the item to another person in such a way that he earned a profit of 32% on the original price. What is the selling price for the another person?

Description : A shopkeeper announced 35% discount on an item. A customer bought the item from the shop for Rs. 21000 after getting discount. That person sells the item to another person in such a way that he earned a profit of 32% on the original price. What is the selling price for the another person?

Last Answer : Let original price=x X*65/100=21000 X=21000*100/65=32307.6Rs. SP=32307.6*132/100=Rs.42646.15

A merchant purchases a table and a fan for Rs.450. He sells them making a profit of 15% on the table and 20% on a fan. He earns a profit of Rs.76.50. The difference between the original prices of the table and fan is equal to

Description : A merchant purchases a table and a fan for Rs.450. He sells them making a profit of 15% on the table and 20% on a fan. He earns a profit of Rs.76.50. The difference between the original prices of the table and fan is equal to

Last Answer : Let cost price of table be Rs X  Cost price of fan = Rs(450-X)  [15% of X]+[20% of (450-X)] = 76.50 15/100*X+20/100*(450-X) = 76.50  X = 270  So cost price of table = Rs.270  Cost price of fan = Rs.180  Difference=Rs(270-180) =Rs 90

Kannan sells laddu at Rs.30 per kg. A laddu is made up of flour and sugar in the ratio of 5:3. The ratio of price of sugar and flour is 7:3 (per kg). Thus, he earns 67% profit. What is the cost price of sugar?

Description : Kannan sells laddu at Rs.30 per kg. A laddu is made up of flour and sugar in the ratio of 5:3. The ratio of price of sugar and flour is 7:3 (per kg). Thus, he earns 67% profit. What is the cost price of sugar?

Last Answer : Since, the profit is 67, so the selling price will be 167% of the cost price ∴Ratio of selling price to cost price will be 5:3 ∴Cost price of laddu =30*3/5 = 18 Let cost of flour and sugar is 3s and 7s respectively ... )/8=18 15s+21s=144 36s=144 s = 4 ∴Price of sugar = 7s = 7 4 = Rs. 28

A shopkeeper has 2 cans of milk. The first contains 30% water and the rest milk. The second contains 50% water. How much milk should he mix from each of the cans so as to get 12 litres of milk such that the ratio of water to milk is 3 : 5? 1) 5 lit, 7 lit. 2) 9 lit, 3 lit. 3) 7.5 lit, 4.5 lit. 4) 4 lit, 8 lit.

Description : A shopkeeper has 2 cans of milk. The first contains 30% water and the rest milk. The second contains 50% water. How much milk should he mix from each of the cans so as to get 12 litres of milk such that the ratio of water to milk ... 7 lit. 2) 9 lit, 3 lit. 3) 7.5 lit, 4.5 lit. 4) 4 lit, 8 lit.

Last Answer : 3) 7.5 lit, 4.5 lit.

A sells a gold ring to B for Rs 90,000 losing 20% in the transaction. B sells it to C at a price which would have given a profit of 20% to A. By what percent does B gain?

Description : A sells a gold ring to B for Rs 90,000 losing 20% in the transaction. B sells it to C at a price which would have given a profit of 20% to A. By what percent does B gain?

Last Answer : A sells to B at 20% loss So CP=90000*100/80=112500 20%profit to A= 112500*120/100=135000 Total gain= (135000-90000)=45000 Gain%= 45000/90000*100=50%

Gokul purchases 10 goats at Rs. 1500 each. 1 goat died. He sold 2 goats at 5% loss, at what rate he should sale the remaining goat, so as to gain a Profit of 10 % on the total Cost?

Description : Gokul purchases 10 goats at Rs. 1500 each. 1 goat died. He sold 2 goats at 5% loss, at what rate he should sale the remaining goat, so as to gain a Profit of 10 % on the total Cost?

Last Answer : Selling Price with Profit of 10 % of total cost = 1500*10*110/100 = 16500 Selling Price of 2 goat with 5% loss= 3000*95/100 = 2850 Difference = 16500-2850= 13650 So rate of the goats for selling to gain 10% profit on total = 13650/7 = Rs. 1950

By selling 90 oranges for Rs 80, a man loses 40 %. How many oranges should he sell approximately for Rs 48 to gain 40 % in the transaction?

Description : By selling 90 oranges for Rs 80, a man loses 40 %. How many oranges should he sell approximately for Rs 48 to gain 40 % in the transaction?

Last Answer : Let S.P. of 90 oranges be Rs. x. Then, 60 : 80 = 140 : x  x = 80*140/60= 186.66 For Rs.186.66, oranges sold = 90 For Rs.48, oranges sold = 90/186.66* 48 = 23(approx.)

Ravi, Rakesh and Vijay invest in a partnership in the ratio 7/2, 4/3, 6/5 respectively. After 4 months, Ravi increases his share 50%. If the total profit at the and of one year be Rs. 32,400, then what is Rakesh's share in the profit? 1) Rs. 2000 2) Rs. 3000 3) Rs. 4000 4) Rs. 5000 5) Rs. 6000

Description : Ravi, Rakesh and Vijay invest in a partnership in the ratio 7/2, 4/3, 6/5 respectively. After 4 months, Ravi increases his share 50%. If the total profit at the and of one year be Rs. 32,400, then what is Rakesh's ... the profit? 1) Rs. 2000 2) Rs. 3000 3) Rs. 4000 4) Rs. 5000 5) Rs. 6000

Last Answer : 5) Rs. 6000

At "Break-even point", (1) the industry is in equilibrium in the long run. (2) the producers suffers the minimum losses (3) the seller earns maximum profit (4) the firm is at zero-profit point

Description : At "Break-even point", (1) the industry is in equilibrium in the long run. (2) the producers suffers the minimum losses (3) the seller earns maximum profit (4) the firm is at zero-profit point

Last Answer : (4) the firm is at zero-profit point Explanation: The break-even point (BEP) is the point at which cost or expenses and revenue are equal: there is no net loss or gain, and one has "broken even." For businesses, reaching the break-even point is the first major step towards profitability.

At “Break-even point”, (1) the industry is in equilibrium in the long-run. (2) the producers suffers the minimum losses (3) the seller earns maximum profit (4) the firm is at zero-profit point

Description : At “Break-even point”, (1) the industry is in equilibrium in the long-run. (2) the producers suffers the minimum losses (3) the seller earns maximum profit (4) the firm is at zero-profit point 

Last Answer : the firm is at zero-profit point

A shopkeeper gives 12% additional discount on the discounted price, after giving an initial discount of 20% on the labeled price of a mobile. If the final sale price of the mobile is 704. then what is its labelled price? A. Rs 844 B. Rs 920 C. Rs 1000 D. Rs 1100

Description : A shopkeeper gives 12% additional discount on the discounted price, after giving an initial discount of 20% on the labeled price of a mobile. If the final sale price of the mobile is 704. then what is its labelled price? A. Rs 844 B. Rs 920 C. Rs 1000 D. Rs 1100

Last Answer : Answer – C. Rs 1000 Explanation – Let the labeled price be Rs. x 88% of 80% of x = 704 => x = (704 x 100 x 100/88 x 80)= 1000.

An investor invested Rs. 5 lakhs in Company Q in 1996. After one year, the entire amount along with the interest was transferred as investment to Company P in 1997 for one year. What amount will be received from Company P, by the investor? A. Rs. 5, 94,550 B. Rs. 5, 80,425 C. Rs. 5, 77,800 D. Rs. 5, 77,500 E. None of these

Description : An investor invested Rs. 5 lakhs in Company Q in 1996. After one year, the entire amount along with the interest was transferred as investment to Company P in 1997 for one year. What amount will be received from Company P, by ... . 5, 80,425 C. Rs. 5, 77,800 D. Rs. 5, 77,500 E. None of these

Last Answer : B. Rs. 5, 80,425

Harshith is a successful milk vector in salem. He sold half of the milk at 40% profit, half of the remaining milk at 40% loss and he rest was sold at his cost price. In the total transaction, his gain or loss will be

Description : Harshith is a successful milk vector in salem. He sold half of the milk at 40% profit, half of the remaining milk at 40% loss and he rest was sold at his cost price. In the total transaction, his gain or loss will be

Last Answer : total CP= Rs 100 total SP=[ 140/2+ 60/4+100/4] = 280+60+100/4 =440/4 =110 Gain=sp-cp=110-100=10 Gain% = 10/100*100=10%

kalyan bought 16 types of rava of certain rupees. After a week, he sold 6 types of rava at 20%profit, 6types of rava with neither profit nor loss and 4 types at 10%loss. In this transaction, what is the profit %?

Description : kalyan bought 16 types of rava of certain rupees. After a week, he sold 6 types of rava at 20%profit, 6types of rava with neither profit nor loss and 4 types at 10%loss. In this transaction, what is the profit %?

Last Answer : Let CP of 16 types =x CP of 1 type= x/16 Sp of rice 20%=6x/16+6x/16*20/100=9x/20 Spof rice without profir or loss=6x/16=3x/8 Sp of rice at 10% loss= 4x/16-4x/16*10/100=9x/40 Total seling price=9x/20+3x/8+9x/40 = 42x/40 now profit%= [42x/40-x]/x *100 =5%

A man who makes a profit of 25 percent by selling sugar at Rs. 4.25/kg., lowers his price so as to gain only 5 paise per Kg. In what ratio must his sales be increased so that his total profit may be the same as before? a) 1 : 5 b) 1 : 11 c) 1 : 13 d) 1 : 17 e) 1 : 21

Description : A man who makes a profit of 25 percent by selling sugar at Rs. 4.25/kg., lowers his price so as to gain only 5 paise per Kg. In what ratio must his sales be increased so that his total profit may be the same as before? a) 1 : 5 b) 1 : 11 c) 1 : 13 d) 1 : 17 e) 1 : 21

Last Answer : 125% C.P. of sugar per kg = Rs. 4.25 C.P of the sugar per kg = [4.25×100] / 125 = Rs. 3.40. thus, the profit on 1 kg 85 paise by reducing price to 5 paise, to make same profit he must sell, 85/5 = 17kg so required ratio = 1 : 17. Answer: d)

An investor invested a sum of Rs. 12 lakhs in Company P in 1998. The total amount received after one year was re-invested in the same Company for one more year. The total appreciation received by the investor on his investment was? A. Rs. 2, 96,200 B. Rs. 2, 42,200 C. Rs. 2, 25,600 D. Rs. 2, 16,000 E. None of these

Description : An investor invested a sum of Rs. 12 lakhs in Company P in 1998. The total amount received after one year was re-invested in the same Company for one more year. The total appreciation received by the investor on his investment ... 2, 42,200 C. Rs. 2, 25,600 D. Rs. 2, 16,000 E. None of these

Last Answer : C. Rs. 2, 25,600

An investment of Rs. 36 on a share earns the investor a return of 10%. If dividend is 12 % on each share, then what is its face value ?

Description : An investment of Rs. 36 on a share earns the investor a return of 10%. If dividend is 12 % on each share, then what is its face value ?

Last Answer : An investment of Rs. 36 on a share earns the investor a return of 10%. If dividend is 12 % on each share, then what is its face value ?

If the profit in 1999 was Rs. 4 crores, what was the profit in 2000? A. Rs. 4.2 crores B. Rs. 6.2 crores C. Rs. 6.8 crores D. Cannot be determined E. None of these

Description : If the profit in 1999 was Rs. 4 crores, what was the profit in 2000? A. Rs. 4.2 crores B. Rs. 6.2 crores C. Rs. 6.8 crores D. Cannot be determined E. None of these

Last Answer : D. Cannot be determined

A dealer buys an article marked at Rs. 50,000 at 25% and 10% successive discount. He spends Rs. 5000 on its repair and sells it for Rs. 50,000. What is his loss or gain percentage? 1. 33.63% loss 2. 26.43% gain 3. 1.25% gain 4. 29.03% 5. 27.13% loss

Description : A dealer buys an article marked at Rs. 50,000 at 25% and 10% successive discount. He spends Rs. 5000 on its repair and sells it for Rs. 50,000. What is his loss or gain percentage? 1. 33.63% loss 2. 26.43% gain 3. 1.25% gain 4. 29.03% 5. 27.13% loss

Last Answer : CP of the article  

A person, by selling an article at half of the list price incurs a loss of 20%. Find the profit percentage if he sells at the list price? A. 25% B. 60% C. 5% D. 30 %

Description : A person, by selling an article at half of the list price incurs a loss of 20%. Find the profit percentage if he sells at the list price? A. 25% B. 60% C. 5% D. 30 %

Last Answer : Answer – B (60 %) Explanation – 0.50 MP = 0.8 CP (since 20% loss) So, MP = 160CP ⇒ 60% gain.

Rohit sold his bicycle at 4 % profit. If he sold it for Rs.204 less, he would have made a 30% loss. What was his cost price(in Rs.)? a)630 b)640 c)600 d)560

Description : Rohit sold his bicycle at 4 % profit. If he sold it for Rs.204 less, he would have made a 30% loss. What was his cost price(in Rs.)? a)630 b)640 c)600 d)560

Last Answer : c)600 

In 2000, a part of Rs. 30 lakhs was invested in Company P and the rest was invested in Company Q for one year. The total interest received was Rs. 2.43 lakhs. What was the amount invested in Company P? A. Rs.9 lakh B. Rs.11 lakh C.Rs. 12 lakh D.Rs.18 lakh E. None of these

Description : In 2000, a part of Rs. 30 lakhs was invested in Company P and the rest was invested in Company Q for one year. The total interest received was Rs. 2.43 lakhs. What was the amount invested in Company P? A. Rs.9 lakh B. Rs.11 lakh C.Rs. 12 lakh D.Rs.18 lakh E. None of these

Last Answer : D.Rs.18 lakh

A dealer allows a discount of 40 % on the marked price to the retailer. The retailer sells at 10% below the marked price. If the customer pays Rs.38 for an article, what profit is made by the retailer on it?

Description : A dealer allows a discount of 40 % on the marked price to the retailer. The retailer sells at 10% below the marked price. If the customer pays Rs.38 for an article, what profit is made by the retailer on it?

Last Answer : Let dealer marked price = 100%, Retailer's C.P = 60% And the retailer sells at 10% less than the marked price =>S.P = 90% If S.P of 90% of the retailer costs Rs.38 to customer, So its C.P of 60% will cost 60*38/90 = 25 Profit made by the retailer = 38-25 = Rs.13

A shopkeeper marked a suit at Rs.400. He sold it after allowing a discount, and still made at a profit of 25%. At what percentage above its cost price did he marked the suit, if he sold it for Rs.320? a)50% b)66 2/3% c)62 1/2% d)56 1/4%

Description : A shopkeeper marked a suit at Rs.400. He sold it after allowing a discount, and still made at a profit of 25%. At what percentage above its cost price did he marked the suit, if he sold it for Rs.320? a)50% b)66 2/3% c)62 1/2% d)56 1/4%

Last Answer : d)56 1/4%

A shopkeeper sold a toothpaste at a profit of 12.5%. His cost price was Rs.5 less than his selling price. find his cost price (in Rs.) a)30 b)36 c)40 d)50

Description : A shopkeeper sold a toothpaste at a profit of 12.5%. His cost price was Rs.5 less than his selling price. find his cost price (in Rs.) a)30 b)36 c)40 d)50

Last Answer : c)40

Ganesh purchased a bed and a washing machine for Rs 40,000. Later , he sold the bed at 40% profit and the washing machine at 20% loss. Thus, he gained 4% in the whole transaction. Find cost price of the bed?

Description : Ganesh purchased a bed and a washing machine for Rs 40,000. Later , he sold the bed at 40% profit and the washing machine at 20% loss. Thus, he gained 4% in the whole transaction. Find cost price of the bed?

Last Answer : CP of bed=x x*40/100-(40,000-x)*20/100=40,000*4/100 40x-(800000-20x)=160000 60x-800000=160000 60x=960000 X=Rs16000

On selling a fan at 8% loss and an iron box at 18% gain, a man gains rs.346.If he sells the fan at 7% gain and the iron box at 15% gain, then he gains rs.450. The actual price of the iron box is approximately?

Description : On selling a fan at 8% loss and an iron box at 18% gain, a man gains rs.346.If he sells the fan at 7% gain and the iron box at 15% gain, then he gains rs.450. The actual price of the iron box is approximately?

Last Answer : Let the cost price of the fan be Rs X and Cost of the iron box beRs Y Then 18%Y – 8% X=346 ; That is 18Y-8X=34600 1 And 15%Y+8% X=450 ; that is 15Y+8X=450002 Solving 1 and 2 we get X=1102.275 Y=2412.12 therefore cost of ironbox is = 2412(approx.)

Reema buys dress for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is: A. no profit, no loss B. 20% profit C. less than 20% profit D. more than 20% profit

Description : Reema buys dress for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is: A. no profit, no loss B. 20% profit C. less than 20% profit D. more than 20% profit

Last Answer : Answer – D (more than 20% profit) Explanation – Let the article be worth Rs. x. C.P. = 90% of Rs. x. = Rs.(9/10)x S.P. = 110% of Rs.x = Rs.(11/10)x Gain = Rs.11/10x- 9/10x=(1/5)x gain %=(2/5x) x (10/9x) x 100 =44.44% >20%

In 2003, a total of 68 male candidates did qualify. What is the respective ratio between males and females who had qualified in 2003? A. 11:25 B. 19:25 C. 17:25 D. 25:13

Description : In 2003, a total of 68 male candidates did qualify. What is the respective ratio between males and females who had qualified in 2003? A. 11:25 B. 19:25 C. 17:25 D. 25:13

Last Answer : C. 17:25

A vendor sells a radio at Rs. 1680 at a gain of 40% and another for Rs. 1920 at the loss of 8%. Find his total gain percent

Description : A vendor sells a radio at Rs. 1680 at a gain of 40% and another for Rs. 1920 at the loss of 8%. Find his total gain percent

Last Answer : So, C.P. of 1st radio= (100/140∗1680)=1200 C.P. of 2nd radio= (100/92∗1920)=2086.95 Total C.P. = 3286.95 Total S.P. = 3600 Gain = 3600 – 3286.95 = 313.05 Gain% = 9.5%

Usha purchased 10 fans for Rs 1000 each. She spent Rs 4000 on the maintenance of all fans. She sold five of them for Rs 1500 each and the remaining for 1100 each. Then the total gain or loss % is?

Description : Usha purchased 10 fans for Rs 1000 each. She spent Rs 4000 on the maintenance of all fans. She sold five of them for Rs 1500 each and the remaining for 1100 each. Then the total gain or loss % is? 

Last Answer : Total actual CP = Rs. (1000*10+4000)=Rs. 14000 Total Sp = Rs.(5* 1500+5*1100) =Rs. 13000 Loss= cp-sp=1000 Loss %= (1000/14000)*100 = 7.14%