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.

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.
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d)5% profit.
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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%

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%

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

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

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.

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%

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%

Arjun bought 100 mangoes at the same price . 40 of them were of lower quality. He sold the remaining 60 mangoes at 60% more than the cost price. If in total, he earned a 28% profit, What is his profit/loss percentage, on the 40 mangoes of lower quality? a)20% profit b)15% profit c)20% loss d)15% loss

Description : Arjun bought 100 mangoes at the same price . 40 of them were of lower quality. He sold the remaining 60 mangoes at 60% more than the cost price. If in total, he earned a 28% profit, What is his ... loss percentage, on the 40 mangoes of lower quality? a)20% profit b)15% profit c)20% loss d)15% loss

Last Answer : c)20% loss

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 profit/loss percentage. If 25% of the total cost price (i.e., purchased price + expenses) is to be deducted on account of depreciation. a)12.5% profit b)12.5% loss c)11 1/9% profit d)11 1/9% loss

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 

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%

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%

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%

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%

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%

The Selling price of 12 articles equals the cost price of 15 articles. find the profit/loss percentage? a)25% profit b)20% profit c)25% loss d)20% loss

Description : The Selling price of 12 articles equals the cost price of 15 articles. find the profit/loss percentage? a)25% profit b)20% profit c)25% loss d)20% loss

Last Answer : a)25% profit

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%

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%.

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%

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%

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%

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%

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%

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%

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

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

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

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

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

A substance is purchased for Rs. 300. If one fourth of the substance is sold at a loss of 10% and the remaining at a gain of 5%, Find out the overall gain or loss percentage.

Description : A substance is purchased for Rs. 300. If one fourth of the substance is sold at a loss of 10% and the remaining at a gain of 5%, Find out the overall gain or loss percentage.

Last Answer : Price Received by selling one fourth of the substance at a loss of 10% = (1/4) * 300 * (90/100) = Rs. 67.5 Price Received by remaining substance at a gain of 5% = (3/4) * 300 * (105/100) = Rs.236. ... 75 Profit = 303.75 - 300 = 3.75 Profit%=(Gain/Cost∗100)% =(3.75/300∗100)% =1.25%

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%

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 

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.

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

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

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%

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

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

Reshma purchased 120 chairs at price of Rs. 110 per chair. He sold 30 chairsat a profit of Rs. 12 per chair and 75 chairs at profit of Rs. 14 per chairs. The remaining chairs were sold at a loss of Rs. 7 per chairs. What is the average profit per table? A. Rs 10.56 B. Rs 10.87 C. Rs 12.123 D. Rs 12.67

Description : Reshma purchased 120 chairs at price of Rs. 110 per chair. He sold 30 chairsat a profit of Rs. 12 per chair and 75 chairs at profit of Rs. 14 per chairs. The remaining chairs were sold at a loss of Rs. 7 per chairs ... the average profit per table? A. Rs 10.56 B. Rs 10.87 C. Rs 12.123 D. Rs 12.67 

Last Answer : Answer – B (Rs 10.875) Explanation – Total C.P = Rs. (120 x 110) =Rs. 13200. Total S.P = Rs.[(30 x 110 + 30 x 12) + (75 x 110 + 75 x 14) + (15 x 110 – 15 x 7) =Rs..14505 Average profit = Rs. (14505 – 13200) /120 = Rs. 1305/120= 10.875

The profit made by selling 25 m of a cloth equals the selling price of 5 m of that cloth. find the profit percentage? a)25% b)20% c)16 2/3% d)30%

Description : The profit made by selling 25 m of a cloth equals the selling price of 5 m of that cloth. find the profit percentage? a)25% b)20% c)16 2/3% d)30%

Last Answer : a)25%

The profit made by selling 30 m of a cloth equals the cost price of 6 m of that cloth. find the profit percentage a)25% b)20% c)16 2/3% d)30%

Description : The profit made by selling 30 m of a cloth equals the cost price of 6 m of that cloth. find the profit percentage a)25% b)20% c)16 2/3% d)30%

Last Answer : b)20% 

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 %

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 %

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?

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%

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

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

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

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

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%

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%

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 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%

Last Answer : b)25%

The profit percentage of banu and renu is same on selling the articles at Rs 900 each but banu calculates his profit in the selling price while renu calculates it correctly on the cost price which is equal to 10%. What is the difference in their profits?

Description : The profit percentage of banu and renu is same on selling the articles at Rs 900 each but banu calculates his profit in the selling price while renu calculates it correctly on the cost price which is equal to 10%. What is the difference in their profits? 

Last Answer : when profit calculate on SP the profit = 10% of 900 = 90 when profit calculate on CP(x) = x+X/10 = 900 11X=9000 X=818.18 profit= 81.82 required diffference= 90-81.82 = Rs 8.18

Vaishnavi purchased 35kg of wheat at the rate of Rs.19.50 per kg and another 35kg of wheat at a certain rate. She mixed the two and sold the entire quantity at the rate of the Rs.21.25 per kg and made 20%. Overall profit at what price per kg did she purchase the lot of another 35kg wheat?

Description : Vaishnavi purchased 35kg of wheat at the rate of Rs.19.50 per kg and another 35kg of wheat at a certain rate. She mixed the two and sold the entire quantity at the rate of the Rs.21.25 per kg and made 20%. Overall profit at what price per kg did she purchase the lot of another 35kg wheat?

Last Answer : Let the required price per kg be Rs'X'  Then cost price of 70 kg wheat = Rs(35 * 19.50 + 35 * X)  = Rs (682.5 + 35X)  Selling price of 70kg wheat = Rs (70 * 21.25)  = Rs.1487.5 Total cost ... 100/120=1239.58 35x= 1239.58-682.5=557.08 X=15.91 So the cost price of second lot is Rs15.91 per kg

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

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

Preethi owns lenova mobile in a showroom. she labelled the price of mobile to earn a profit of 20% on the cost price. she sold the mobile by offering a discount of 10% on the labelled price. What is the actual percent profit earned?

Description : Preethi owns lenova mobile in a showroom. she labelled the price of mobile to earn a profit of 20% on the cost price. she sold the mobile by offering a discount of 10% on the labelled price. What is the actual percent profit earned?

Last Answer : Let the CP of mobile= Rs 100 Then the labeled price= Rs.120 SP= Rs. 120-10%of 120 = RS120-12= Rs 108 Gain= Rs 108- Rs 100 = Rs 8 Gain%= 8/100*100=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 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  

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

Jimmy bought 25 apples for Rs.10 and sold them at the rate of 24 apples for Rs.12. What is the percentage of profit made by him? A. 25% B. 70% C. 60% D. 100%

Description : Jimmy bought 25 apples for Rs.10 and sold them at the rate of 24 apples for Rs.12. What is the percentage of profit made by him? A. 25% B. 70% C. 60% D. 100%

Last Answer : Answer – A (25%) Explanation – CP of 1 apple=10/25=2/5 SP of 1 apple=12/24=1/2 profit= 1/2-2/5=1/10 %= [(1/10) / (2/5) ] x 100 =25 %

Hytech electronics is in recession. Find the marked price is what percentage of cost price, if there may be a profit of 10% after allowing a commission of 5% to middle man?

Description : Hytech electronics is in recession. Find the marked price is what percentage of cost price, if there may be a profit of 10% after allowing a commission of 5% to middle man?

Last Answer : Let the CP= Rs.100 Then, SP=Rs.110 MP=Rs. x Then, 95% of x= Rs 110 x= 110*100/95 = 115.7%

The price of a necklace, passing through a 3 persons, rises on the whole by 32.5%. If the 1st and the 2nd sellers earned 10% and 12.5% profit respectively. Find the percentage profit earned by the 3rd seller.

Description : The price of a necklace, passing through a 3 persons, rises on the whole by 32.5%. If the 1st and the 2nd sellers earned 10% and 12.5% profit respectively. Find the percentage profit earned by the 3rd seller. 

Last Answer : Let the original price of the necklace be Rs x and Let the profit earned by the 3rd seller be P% Then (100+P)% of 112.5% of 110% of x = 132.5% of x (100+P/100)*(112.5/100)*(x) = 132.5/100 ... /12375 100+P = 107.07 P= 107.07 - 100 = 7.07% The percentage profit earned by the 3rd seller = 7%

What is the highest % discount(approximately) that a trader can offer on his marked price, so that he ends up selling at no profit or loss, if he initially marked his goods up by 60%?

Description : What is the highest % discount(approximately) that a trader can offer on his marked price, so that he ends up selling at no profit or loss, if he initially marked his goods up by 60%?

Last Answer : Let CP= Rs 100 MP= Rs100+60=160 Discount= x% then, 160*[100-x/100] =100 100-x=100*100/160 x=37.5%

Dharan bought a donkey and a carriage for Rs.3000. He sold the donkey at a gain of 20% and the carriage at a loss of 10%, thereby gaining 2% on the whole. Find the cost of the donkey?

Description : Dharan bought a donkey and a carriage for Rs.3000. He sold the donkey at a gain of 20% and the carriage at a loss of 10%, thereby gaining 2% on the whole. Find the cost of the donkey? 

Last Answer : Let the cost price of the donkey be Rs ‘X’  Then cost price of the carriage = Rs(3000-X)  20% of X – 10% of (3000 – X) = 2% of 3000  X/5 – (3000-X)/10 = 60  2X – 3000 + X = 600  X = 1200  Hence cost price of the donkey = Rs.1200

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

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

Hemant sold 10 sarees for a total profit of Rs. 460 and 12 sarees for a total profit of Rs. 144. At what profit per saree should he sell the remaining 20 sarees so that he gets an average profit of Rs. 18 per sarees? A. Rs 7.10 B. Rs 7.60 C. Rs 7.99 D. Rs 8

Description : Hemant sold 10 sarees for a total profit of Rs. 460 and 12 sarees for a total profit of Rs. 144. At what profit per saree should he sell the remaining 20 sarees so that he gets an average profit of Rs. 18 per sarees? A. Rs 7.10 B. Rs 7.60 C. Rs 7.99 D. Rs 8

Last Answer : Answer – B (Rs 7.60) Explanation – Total profit required = Rs.(42 x 18) = Rs.756 Profit on 22 sarees = Rs. (460 + 144) = Rs. 604 Profit on 20 sarees = Rs. (756 – 604) = Rs. 152 Average profit on these sarees = Rs.(152/20) = Rs. 7.60

Reenu sold an article at a loss of 40%. If the selling price had been increased by Rs.200, there would have been a gain of 10%. The cost price of the article was

Description : Reenu sold an article at a loss of 40%. If the selling price had been increased by Rs.200, there would have been a gain of 10%. The cost price of the article was 

Last Answer : Let the C.P. of article be Rs. x. 110% of x - 60% of x = Rx. 200 50% of x = Rx. 200 x = Rs. (200×100)/50 = Rs. 400

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%

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