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

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
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1 Answer

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%
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A seller mixes 52 kg of ragi at Rs. 40 per kg with 60 kg of ragi of other variety at Rs.72per kg and sells the mixture at Rs.60 per kg. His profit percent is:

Description : A seller mixes 52 kg of ragi at Rs. 40 per kg with 60 kg of ragi of other variety at Rs.72per kg and sells the mixture at Rs.60 per kg. His profit percent is:

Last Answer : C.P. of 112 kg rice = Rs. (52x 40 + 60 x 72) = Rs. (2080+4320) = Rs. 6400. S.P. of 112 kg rice = Rs. (112 x 60) = Rs. 6720 Gain=320 Gain %= 320*100/6400 Gain %=5

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

Francis sold his pen at a profit of Rs.5. He calculated his profit percentage on his selling price and found it to be 50%. Find his profit percentage? a)100% b)150% c)200% d)250%

Description : Francis sold his pen at a profit of Rs.5. He calculated his profit percentage on his selling price and found it to be 50%. Find his profit percentage? a)100% b)150% c)200% d)250%

Last Answer : a)100%