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 : 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 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.
Description : The difference between the cost price and sale price of an article is Rs. 500 if the profit is 20%. The selling price is: A. Rs 4000 B. Rs 1500 C. Rs 3000 D. Rs 3300
Last Answer : Answer – C. Rs.3000 Explanation – 120%-100%=20% 20%…………………500 120%…………….? ?=3000
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 : If a book is sold at 20% more than its usual price, an extra profit of Rs.120 would be made on it. find its usual selling price. a)Rs.500 b)Rs.600 c)Rs.750 d)Rs.800
Last Answer : b)Rs.600
Description : Harshika wants to purchase a mobile handset. The shopkeepers told her to pay 30% tax if she asked for the actual sale price (without tax) of the mobile and paid to the shopkeeper Rs. 16150. In the doing so, she managed to avoid ... tax)? 1. Rs. 5495 2. Rs. 5850 3. Rs. 5950 4. Rs. 5685 5. Rs. 5975
Last Answer : 3; SP = 100, SP (with tax) = 130 New SP = 100 - 5 = 95 Effective discount = 130 - 95 = 35 So, when SP of 95, discount = 35 And when SP of Rs. 16,150, discount = 35/95x16150 = Rs. 5950
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 : Akbar and Birbal started a business with investments of Rs.30000 and Rs.40000 respectively. At the end of the one year, they gave 10% of the total profit of Rs.7000 to charity. Find the difference in the profit of shares of both out of the remaining profit (in Rs.) a)600 b)900 c)500 d)8001
Last Answer : b)900
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 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)
Description : 2/3 part of the sum is lent out at 3%, 1/6 part is lent out at 6% and remaining part at 12%. All the three parts are lent out at simple interest. If the annual income is Rs. 35, what is the sum? (a) Rs.500 (b) Rs.600 (c) Rs.700 (d) Rs.850 (e) Rs.950
Last Answer : (c) Rs.700
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
Description : A sum of Rs. 1521 is lent out in two parts in such a way that the interest on one part at 10% for 5 yr is equal to that of another part at 8% for 10 yr. What will be the two parts of sum? (a) Rs.946 and ... ) Rs.986 and Rs.515 (c) Rs.956 and Rs.505 (d) Rs.936 and Rs.585 (e) None of the above
Last Answer : (d) Rs.936 and Rs.585
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 : 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
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
Description : The profit earned after selling a Laptop for Rs.1,754/- is the same as loss incurred after selling the article for Rs.1,492/-. What is the cost price of the article? a) Rs. 1,239/- b) Rs. 1,456/- c) Rs. 1,786/- d) Rs. 1,623/- e) Rs. 1,345/-
Last Answer : Let the C.P. of a Laptop = Rs. x 1754 - x = x - 1492 2x = 3246 x = 3246 / 2 = 1623 Answer: d)
Description : Amit sold an article for Rs 630 and earned a profit of 20%. Find the cost price for Amit. 1. Rs 555 2. Rs 535 3. Rs 552 4. Rs 525
Last Answer : 4. Rs 525
Description : Profit after selling an article for Rs 736 is the same as loss after selling the article for Rs 638. What is the cost price of the article? 1. Rs 687 2. Rs 649 3. Rs 597 4. Rs 674
Last Answer : 1. Rs 687
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 : 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 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
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(2/25)% loss
Description : Mani went to purchase a mi mobile handset, the shopkeeper told him to pay 25% tax if he asked the bill. Mani manages to get the discount of 10% on the actual saleprice of the mobile and he paid ... to pay 25% tax on the already discounted price, what is the amount of discount that he has gotten?
Last Answer : CP = 100, SP (with tax) =125 New SP = 100 - 10 = 90 Effective discount = 125-90 = 35 So, at SP of 90 ----> discount = 35 and at SP of 3275-----> discount = 35/90*3275= Rs 1274(approx.)
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 : Ishath bought 15 pieces of [email protected],500/- each and sold all of them at the total price of Rs.81, 000/-. What is the percent profit earned in the deal? a) 18.66 b) 20 c) 25 d) 36 e) None of these
Last Answer : Total cost of 15 pieces of Mobiles= 15×4500 = Rs. 67500 Total Sales prices of 15 pieces of Mobiles= Rs. 81000 Profit% = 81000 – 67500 / 67500 × 100 = 13500/67500 × 100 = 20% Answer: b)
Description : Ravi borrowed some money at the rate of 4 p.c.p.a. for the first three years, at the rate of 8 p.c.p.a. for the next two years and at the rate of 9 p.c.p.a. for the period beyond 5 years. If he pays a ... 7 years, how much money did he borrow? a) 39,500 b) 42,500 c) 41,900 d) 43,000 e) None of these
Last Answer : Let the amount borrowed be Rs P Total amount of simple interest = (P×3×4)/100 + (p×2×8)/100 + (p×2×9)/100 = 19550 0.12P + 0.16P + 0.18P = 19550 0.46p= 19550 P = Rs. 42500 Answer: b)
Description : A merchant claims to sell goods at his cost price. But by using false weights, he give only 600 gm of goods for every 1 kg that he buys.What is his profit percentage? a)40% b)100% c)60% d)66 2/3%
Last Answer : d)66 2/3%
Description : Mr. Xavier invested a certain amount in Debit and Equity funds in the ratio of 4 : 5 respectively. At the end of one year, he earned a total dividend of 30% on his investment. After one year he reinvested the amount including ... . 81,000/- (c) Rs. 60,000/- (d) Rs. 65,000/- (e) None of these
Last Answer : (a) Rs. 75,000/-
Description : What is the wholesale cost of a dress? a. The dress was listed at a price that would have given the store a profit of 20 percent of the wholesale cost. b. After as 10% discount on the list price ... question. e) If the data in statement a, b and c together are not sufficient to answer the question.
Last Answer : Let C be the wholesale price, listed Price be P. from (a), P = 1.2C From (b), 0.9P = C + 10. Using statement (a), 1.2C = C + 10, from this we can determine C. From (C), ... even if we combine information from other statements. So (a) and (b) together are sufficient to answer the question. Answer: c)
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 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 : Ajay sold a motorbike at a profit of 20% to Balu. Balu sold it to Dinesh at a loss of 20%. If the profit made by Ajay was Rs.120 less than the loss made by Balu, find the cost price of Ajay(in Rs.) a)3000 b)3600 c)3900 d)4500
Last Answer : a)3000
Description : A trader wants to sell a watch at 25% profit. If its cost price was Rs.x more, an extra profit of Rs.50 would be made on it. find x(in Rs.) a)100 b)125 c)150 d)200
Last Answer : d)200
Description : A shirt was sold at a profit of Rs.50. If a trouser was sold at half the profit percentage and the cost price of the trouser is thrice that of shirt, find the profit made on the trouser (in.Rs.) a)25 b)50 c)75 d)100
Last Answer : c)75
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
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 : 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
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
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 : When a article is sold for Rs.3400, there is a loss of 2%. What is the cost price of the commodity? A. Rs 3500.50 B. Rs 3200 C. Rs 3400.56 D. Rs 3469.34
Last Answer : Answer – D. Rs 3469.34 Explanation – loss=2% so, 98%………….3400 100%………..? ?=(3400×100)/98=3469.34
Description : A person sold an item for Rs. 14280 after giving 15% discount on the labelled price and earned 19% profit on the cost price. What would have been the percentage profit, had he not given the discount? a) 30% b) 34% c) 40% d) 42.5% e) None of these
Last Answer : Labelled price = [(14280×100)/85] = Rs. 16800 Or, 23X/120 = 69/5 Or, X= [(69×120)/(23×5)] = 72km. Answer is: c)
Description : On selling 25 balls at Rs. 1015, there is a profit equal to the cost price of 10 balls. What is the cost price of a ball? a) Rs. 31 b) Rs. 29 c) Rs. 35 d) Rs. 27 e) Rs. 39
Last Answer : b Profit = (S.P of 25 balls) - (C.P of 25 balls) = 1015 - (C.P of 25 balls) Given that Profit = (C.P of 10 balls) => 1015 - (C.P of 25 balls) = (C.P of 10 balls) => (C.P of 25 balls) + (C.P of 10 balls) = 1015 => C.P of 35 balls = 1015 => C.P of 1 ball=1015 / 35 = Rs. 29
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 : Amar sold a camera at 20% profit to Bhavan. Bhavan sold it to Chetan at 30% loss. Chetan bought the camera for Rs.840. find the cost price of Chetan, had Amar sold the camera to Bhavan at 30% loss and Bhavan sold it to Chetan at 20% profit (in Rs.) a)1160 b)1080 c)840 d)720
Last Answer : c)840
Description : A trader sells 145 m of cloth for Rs 12325 at the profit of Rs 10 per metre of cloth. What is the cost price of 1 m of cloth? 1. Rs 65 2. Rs 75 3. Rs 95 4. Rs 85
Last Answer : 2. Rs 75
Description : The profit after selling a pair of trousers for Rs 863 is same as loss incurred after selling the same pair of trousers for Rs 631. What is the cost price of the trousers? 1. Rs7472. Rs 800 3. Rs 763 4. Cannot be determined
Last Answer : 1. Rs7472
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 : Arun sold two napkins at same price.He earned 10% profit on one napkin and suffered 10% loss on the other, what was his overall profit/loss percentage? a)No profit no loss b)1% profit c)1% loss d)None of these
Last Answer : c)1% loss