CP of the article
Description : A dealer sold a radio at a loss of 2.5%. Had he sold it for Rs. 120 more, he would have gained 7.5%. In order to gain 12.5% after a 25% discount, the marked price should be: a) 1750 b) 1800 c) 1857.75 d) 1925 e) None of these
Last Answer : 120 = 10% of the CP (2.5% loss to 7.5% profit) Or CP = Rs. 1200 To gain 12.5%, SP = 1200 × 1.125 = Rs. 1350 Rs. 1350 = 25% discounted of Marked Price Or marked Price = 1350/0.75 = Rs. 1800 Answer: b)
Description : A retailer buys 40 pens at the marked price of 36 pens from a wholesaler. If he sells these pens giving a discount of 1%, what is the profit percent? A. 10% B. 22% C. 25% D. 26%
Last Answer : Answer – A (10%) Explanation – Let the marked price of each pen be Re. 1. Then, C.P. of 40 pens = Rs. 36. S.P. of 40 pens = 99% of Rs. 40 = Rs. 39.60. ∴ Profit% = [3.60/36 x 100]% = 10%.
Description : The profit made by David in selling his calculator for Rs.400 would be the same as the loss he would have made in selling it at a 25% loss. If he sold his calculator after offering a discount of Rs.100, find the percentage at which he marked it above the cost price. a)56.25% b)62.5% c)60% d)50%
Last Answer : a)56.25%
Description : Kumar buys a car marked price at Rs 500000 with 35% and 30% off. He spends Rs 75000 for maintenance sell it for Rs 500000 What is the gain or loss percentage?
Last Answer : Total CP= (65%0f 70%of 500000)+75000 =0.65*0.7*500000+75000 CP=Rs 302500 SP=Rs5,00,000 gain%=(500000-302500)/302500*100 =65.28%
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
Description : The marked price of a watch was Rs. 720.A man brought the same for Rs.550.80 after getting two successive discounts the first being 10% .What was the second discount rate? A. 12% B. 14% C. 15% D. 18%
Last Answer : Answer – C. 15% Explanation – Let the second discount rate be x% Then, (100 – x)% of 90% of 720 = 550.80 => (100 – x)/100 x 90/100 x 720 = 550.80 = (100-x) = [55080/(9 x 72) = 85 => x= 15 second discount rate =15%
Description : A merchant dealer gives successive discounts of 10% and 20% in that order and makes a profit of 20%. what will be the profit if he offers a single flat discount of 30%? a) 20% b) 16.67% c) 18% d) 14% e) None of these
Last Answer : let marked price be 100. SP with 10%, 20% = 80% of (90% of 100) = 72. profit = 20% so CP = 72/1.20 = Rs. 60 by offering a flat discount of 30%, sales price = 70% of 100 = 70 profit = (70 - 60) ×100 / 60 = 16.67% Answer: b)
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%
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%
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%
Description : A trader buys two articles at the same price. He sold one article at 20% profit and sold the other at 10% loss . Find his overall profit/loss percentage a)10% loss b)10% profit c)5% loss d)5% profit.
Last Answer : d)5% profit.
Description : Harish buys petrol at rs 21, Rs.24 and Rs.27 per litre for 3 successive years. What approximately is the average cost per litre of petrol if he spends Rs.12000 each year? A) 23.74 B) 54.76 C) 24.66 D) 28.99
Last Answer : A) Total quantity of petrol consumed in 3 yr = (12000/21 +12000/24+12000/27) =12000(1/2 + 1/24 + 1/27) =12000(72+63+56/1512) =12000(191/1512) =(2292000/1512)litres Total amount spent = rs(3 *12000) = Rs.36000 Average cost = Rs(36000*1512/2292000) =Rs.23.74
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
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%
Description : Nandu purchased a mobile phone and got a discount of 5% from dealer. he sold that mobile phone at a profit of 10% on his purchase price. What is the percentage profit on actual price of the mobile phone? 1. 2% 2. 3% 3. 4% 4. 4.5 %
Last Answer : 4. 4.5 %
Description : Rosy buys Oats at Rs.10/kg and sell it in order to earn a profit of 40%. However, her faulty balance shows 1000gm when it is actually 800gm. What is her actual gain percentage? a) 35% b) 70% c) 75% d) 25% e) None of the Above
Last Answer : Let price of 1 kg rice = Rs.10. CP of 800 gm rice = Rs.8. She wants to earn a profit of 40% on per Kg SP = 10 + 40% of 10 = Rs. 14 per kg. Faulty balance shows 800 gm = 1000 gm (1 kg) She sells 800 gm for Rs.14. Profit = 14 – 8 = Rs. 6. Profit(%) = 6/8 * 100 = 75%. Answer: c)
Description : Reeta buys an old cycle for Rs.2500 and spends Rs.300 on its repairs. If he sells the cycle for Rs.3200, his gain percent is?
Last Answer : Profit Percentage = Profit / cost price x 100 Cost price = 2500+300 = 2800 Profit = sp-cp =3200-2800=> 400 Profit percentage = 400 / 2800 x 100 = 14.28%
Description : Vijay marked his camera at 50% above his cost price. He sold it after allowing discount and still made a profit of 20%. What is the discount percentage he offered on it? a)20% b)25% c)30% d)35%
Last Answer : a)20%
Description : Every year before the Diwali festival, the kumaran stores increases the price of the product by 48% and then introduce two successive discount of 12% and 13% respectively. What is percentage loss and percentage gain ?
Last Answer : Let CP = 100, 48 % increase =>SP = 148 12 % discount in SP => ((148 x 12)/100) = 17.76 So 1st SP = (148 – 17.76) = 130.24 13 % discount in 1st SP ((130.24x13)/100) = 16.93 2nd SP = 130.24-16.93= 113.31 So finally CP = 100, SP = 113.31 => gain = 13.31%
Description : Ravi marked his Walkman at 60% above his cost price. If he had decreased his discount from 20% to 10%. he would have earned Rs.80 more. Find his cost price. a)640 b)600 c)500 d)800
Last Answer : c)500
Description : A man buys milk at Rs. 2.40 per litre. He adds one-third water to it and sells the mixture at Rs. 2.88 per litre. Find his profit percentage. (Assume water is free). a) 21% b) 30% c) 40% d) 50% e) 60%
Last Answer : Let say he purchases 3 litres of milk whose cost is Rs. 7.20 He adds 1 litre of water and the mixture of 4 litres is sold at Rs 2.88 × 4 = Rs11.52 Profit percentage = (11.52 – 7.20) × 100.0/7.20 = 4.32 × 100.0/7.2 = 60% Answer: e)
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.
Description : A noodles merchant buys two varieties of noodles the price of the first being twice that of the second. He sells the mixture at Rs 17.50 per kilogram thereby making a profit of 25% . If the ratio of the amounts of the first noodles ... , Rs 10 B) Rs 24, Rs 12 C) Rs 16, Rs 8 D) Rs 26, Rs 13 E) NONE
Last Answer : Answer: A
Description : The labelled price of a product is Rs 750. If it is sold at a 20% discount, the dealer earns a 25% profit. What is the cost price? 1. Rs 550 2. Rs 450 3. Rs 435 4. Rs 480
Last Answer : 1. Rs 550
Description : A discount of 25% on one article is same as a discount of 50% on another article .The costs of two article can be: A. Rs 30, Rs 20 B. Rs 90, Rs 40 C. Rs 80, Rs 40 D. Rs 50, Rs 40
Last Answer : Answer – C. Rs 80, Rs 40 Explanation – Let the costs of the two articles be x and y. Then, 25% of x = 50% of y => x/y = 50/25 = 2/1 So,x and y must be in the ratio of 2:1
Description : A vendor bought 30 dozen bananas at Rs.16 per dozen. He sold 10 dozens at Rs.20 per dozen and 16 dozens at Rs.25 per dozen. The remaining 4 dozens were rotten and he threw away. Find his profit percentage. a)20% b)25% c)30% d)33 1/3%
Last Answer : b)25%
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%
Description : Anwar marked his radio at 40% above his cost price. He, then sold it after offering a discount of 40%. If he made a loss of Rs.640, find his selling price (in Rs.) a)4320 b)4640 c)3360 d)3720
Last Answer : c)3360
Description : In 165 litres of mixtures of milk and water, water is only 28%. The milkman sold 40 litres of this mixture and then he added 30 litres of pure milk and 13 litres of pure water in the remaining mixture. What is the percentage ... mixture? 1) 29.35% 2) 28. 57% 3) 24. 57% 4) 27. 75% 5) 26. 57%
Last Answer : 2) 28. 57%
Description : A marked price of a Chair is Rs 480. The seller offered the discount of 25% and gain 50%. If no discount is allowed, find his gain percentage?
Last Answer : MP= Rs. 480,discount= 25% SP= 480*75/100 = 360 CP= 360* 100/150= 240 Required %= (480-240)/240*100 = 100%
Description : Jagdeep bought a refrigerator with 20% discount on the labeled price. Had he bought at it with 30% discount, he would have saved Rs. 500 more. At what price did he buy the refrigerator? A. Rs 5000 B. Rs 10,000 C. Rs 12,500 D. Rs 15,000
Last Answer : Answer – A. Rs 5,000 Explanation – Let the labelled price be Rs.x Then, (80% of x)- (70% of x) = 500 10% of x =500 10%………..500 100%…………? ?= (500 x 100/10) = 5000=x
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
Description : A dealer sold a Radio at a loss of 2.5%. Had he sold it for Rs. 100 more, he would have gained 7.5%. To gain 12.5% he should sell it for : A. Rs 2200 B. Rs 1000 C. Rs 1100 D. Rs 1125
Last Answer : Answer – D. Rs.1125 Explanation – Let C.P be Rs.x then,(107.5 % of x) – (97.5 % of x) = 100 => 10% of x = 100 => x =1000 ∴ desired S.P = 112.5 % of Rs. 100 = Rs.(225/2 x 1/100 x 1000) =Rs. 1125
Description : A manufacture undertakes to supply 2000 pieces of a particular component at Rs.25 per piece. According to his estimates, even if 5% fail to pass the quality tests, then he will make a profit of 25%. However as it turned out, ... A. Rs 12,000 B. Rs 13,000 C. Rs 14,000 D. Rs 15,000 E. None f these
Last Answer : Answer - B. Rs 13,000 Explanation: 5% of 2000=100 so 2000-100=1900 so,if he sells 1900 he will get 25% profit cost per piece rs 25 so 25x 1900 don't solve here if 125% . ... /125=38000=CP if 50% rejected,only 1000 pieces sold so 1000 25=25000=SP loss=cp-sp= 38000-25000=13000
Description : Ashwin purchased a second hand machine for Rs.1 lakh. Over the first year after its purchase. He incurred an expense of Rs.20000 in maintaining it. At the end of the first year he sold it for Rs.80000. Find his ... account of depreciation. a)12.5% profit b)12.5% loss c)11 1/9% profit d)11 1/9% loss
Last Answer : d)11 1/9% loss
Description : Vignesh purchased a TV set for Rs.11, 250 after getting discount of 10% on the labelled price. He spent Rs.150 on transport and Rs.800 on installation. At what price should it be sold so that the profit earned would have ... a) Rs.11877.50 b) Rs.16367.50 c) Rs.14247.50 d) Rs.15467.50 e) Rs.17567.50
Last Answer : Marked price = 11250 × 10/9 = Rs. 12500 Total cost=12500 + 150 + 800=Rs. 13450 S.P = 13450 × 115/100 = Rs. 15467.50 Answer: d)
Description : A article is listed at Rs. 2000 and a discount of 20% is offered on the list price .What additional discount must be offered to the customer bring the net price to Rs. 1400? A. 12.5% B. 10% C. 12% D. 15%
Last Answer : Answer – A. 12.5% Explanation – S.P after 1st discount, 100%………2000 80%………? ?=2000×80/100=1600 Net S.P = Rs. 1400. Discount on Rs. 1600 = Rs. 200. ∴Required discount = (200/1600 x 100)% =12.5%
Description : The cash difference between the selling price of an article at a profit of 8% and 4% is Rs 3 the ratio of the two selling price is A. 51 : 52 B. 27 : 26 C. 51 : 53 D. 52 : 55
Last Answer : Answer – B (27:26) Explanation – Let the C.P of the article be Rs. x Then required ratio = 108% of x / 104% of x = 108/104= 27:26
Description : A man purchased wheat worth Rs. 400. He sold 3/4 at a loss of 10% and the reminder at a gain of 10%. On the whole he gets: A. loss of 5% B. gain of 5 C. loss of 19% D. loss of 6%
Last Answer : Answer – A (loss of 5%) Explanation – C.P of 3/4th = Rs. (3/4 x 400) = Rs. 300, C.P of 1/4th = Rs. 100 ∴ Total S.P = (90% of Rs. 300 + 110% of Rs. 100) = Rs. 380 Loss = (20/400 x 100)% = 5%
Description : A trader sold a trouser at 44% profit after announcing two successive discounts of 10% and 20%. At what percentage did he mark the trouser above the cost price? a)60% b)100% c)180% d)175%
Last Answer : b)100%
Description : The loss made by selling 20 m of a cloth equals the cost price of 5 m of that cloth. Find the loss percentage a)33 1/3% b)25% c)20% d)40%
Description : The loss made by selling 16 m of a cloth equals the selling price of 4 m of that cloth. Find the loss percentage a)15% b)20% c)33 1/3% d)25%
Last Answer : b)20%
Description : Rita bought a computer with a discount of 10% on its marked price. she sold it at a price 25% more than the price at which she bought it. The new SP is how much percentage more than marked price?
Last Answer : Mp=Rs x Sp=Rs 90/100*x=9x/10 Sp=9x/10*125/100=9x/8 Required %= (9x/8-x)/x *100 = 12.5%
Description : Kabi buys wheat at Rs. 15/kg and puts a price tag on it so as to earn a profit of 10%. However, his faulty balance shows 1000 gm when it is actually 900 gm. What is his actual gain percentage?
Last Answer : CP of 1000gm = Rs. 15 SP of 900gm = Rs. 16.5 SP of 1000gm =16.5x1000/900 = Rs. 18 Now take 1000gm as reference to calculate profit. Profit=SP-CP=18-15=Rs. 3 Profit % = 3x100/15 = 20%
Description : Rahim is dealer of magnetic components. He imports the components from Russia. Rahim sells a radio valve at profit of 20%. If he bought it at 20% less and sold it for Rs 5 less than the previous selling price, he would have gained 25%. Find the cost price?
Last Answer : 25
Description : Deepak selling a product at 48% discount, he incurs a loss of 10%. The marked price of the product is 15000 Rs. At what percent discount he should sell the product so as to have a profit of 30%.
Last Answer : Mp=15000==>Sp= 15000*0.52= 7800. Loss of 10% is there==>Cp= 7800/ 0.90= RS.8666.66 Profit of 30% = 6000*1.15=11266.66 Discount should be Rs2600 Discount % should be {2600/15000}*100 =17.3%
Description : If a discount of 16% is given on the marked price of a book, the publisher gains 20%. If the discount is increased to 20% the gain percent is 1) 14 2/7% 2) 14 1/7% 3) 14 3/7% 4) 14 4/7% 5) 14 5/7%
Last Answer : 1) 14 2/7%
Description : 4Pradeep invested 20% more than Mohit. Mohit invested 10% less than Raghu. If the total sum of their investment is Rs. 17880, how much amount did Raghu invested? 1) Rs. 5000 2) Rs. 6500 3) Rs. 6000 4) Rs. 7500 5) Rs. 5500
Last Answer : Rs. 7500
Description : Sanki purchased 20 dozen notebook at Rs. 48 per dozen. He sold 8 dozen at 10% profit and remaining 12 dozen with 20% profit. What is his profit percentage in the transaction? A. 8% B. 15% C. 16% D. 19%
Last Answer : Answer – C (16%) Explanation – C.P of 20 dozen = Rs.(48 x 20) = Rs.960 C.P of 8 dozen = Rs. (48 x8) = Rs. 384. C.P of 12 dozen =Rs. (960 – 384) = Rs. 576 Total S.P = Rs. (110/100 x 384 +120/100 x 576) = Rs.1113.60 ∴ Profit % = (153.60/960 x 100)% =16%
Description : Rajesh loses 20% by selling a radio for Rs. 768. What per cent will he gain by selling it for Rs. 1080? (a) 6.25% (b) 8.25% (c) 10.25% (d) 4.25% (e) None of these
Last Answer : (e) None of these