5 : None of these
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 : 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
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 : A man sold a cycle at a loss of 15%. Had he sold it for Rs.241.87 more he would have gained 24%. For what value should he sell it in order to earn a profit of 30%? a) Rs. 782 b) Rs. 792 c) Rs. 796 d) Rs. 800 e) Rs. 806
Last Answer : Let the cost price be Rs. X :. Selling price = 85X/100 If profit is 24% then selling price = 124X/100 Now, (124X/100) – (85X/100) = 241.8 Or. X= (24180/39) = Rs.620 For 30% gain SP = (130/100)×620 = Rs. 806 Answer is: e)
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 : 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 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 : Mr. Sachin spent 20% of his monthly income on food and 15% on children's education. 40% of the remaining he spent on entertainment and transport together and 30% on the medical. He is left with an amount of Rs.8, 775/- after ... 000/- b) Rs.46,000/- c) Rs.36, 000/- d) Rs.29,000/- e) None of these
Last Answer : Let the total income of Mr.Sachin be 100 According to question, 100 – 20 –15 = 65 × 60/100 × 70/100 = 27.3. 27.3 = 100 8775 = 100/27.3 × 8775 = Rs. 32142. Answer: e)
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 : 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
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 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)
Description : If a company has net sales of $500,000 and cost of goods sold of $350,000, the gross profit percentage is a. 70%. b. 30%. c. 15%. d. 100%.
Last Answer : b. 30%
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 : 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 : Shan bought 30 liters of milk at the rate of Rs.8 per liter. He got it churned after spending Rs.10 and 5kg of cream and 30 liter of toned milk were obtained. If he sold the cream at Rs.30 per kg and toned milk at Rs.4 per liter, his profit in the transaction is: A. 20% B. 8% C. 30% D. 40%
Last Answer : Answer – B .8% Explanation: CP =Rs.(30 x 8 + 10) = Rs.250 SP = Rs. (30 x 5 + 30 x 4) = Rs.270 Gain% = (20/250 x 100)% = 8%
Description : The selling price of 30 items is equal to the purchasing price of 25 items. What is the profit percent? 1. 25% 2. 20% 3. 16.67% 4. 20.33%
Last Answer : 3. 16.67%
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
Description : A salesperson has goods of worth Rs.12000. He sold half of the goods at a gain of 24%. At what profit per cent should he sell the remaining half of the stock so that he gets36% profit on the whole?
Last Answer : CP of goods = 12000 For 36% gain, total SP =12000 + (36/100*12000) = 16320 SP of goods worth 6000 at 24% profit = 6000 + (24/100*6000) = 7440 Therefore, SP of remaining goods = (16320-7440) = 8880 Let ... % for remaining goods be x. Then, =>6000*(100+x)/100=8880 =>100+x=8880/60 x=148-100=48
Description : The volume shrinkage of methyl metacrylate monomer when polymerized is:** A. 12% B. 15% C. 18% D. 21%
Last Answer : D. 21%
Description : Paresh purchased an I-pod for Rs. 7500 and sold it at the gain of 24%. From that amount he purchased another I-pod and sold it at the loss of 20%. What is his overall gain/loss? (a) Loss of Rs. 100 (b) Gain of Rs. 60 (c) Loss of Rs. 60 (d) Neither gain nor loss (e) Gain of Rs. 100
Last Answer : (c) Loss of Rs. 60
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
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 : 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 : Bank of India has sold how much percent of its stake in Star Union Dai-Ichi Life insurance to Dai-Ichi? A) 18% B) 26% C) 38% D) 15% E) 12%
Last Answer : A) 18% Explanation: The shareholding of Dai-Ichi in the Indian life insurance venture will now increase from 26% to 44% while Bank of India‘s shareholding will decrease from 30% to 48%. Union Bank will continue to hold 26%.
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 : 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 : 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
Description : Manish purchased 25 kg of rice @ Rs32 per kg and 15 kg of rice @ Rs 36 per kg. He mixed the two varieties of rice and sold it @ Rs 40.20 per kg. What is the percent profit earned? 1. 25 2. 40 3. 30 4. 20
Last Answer : 4. 20
Description : Mountains account for ____________ percent of the total surface area of the country? (a) 17% (b) 27% (c) 30% (d) 43%
Last Answer : (c) 30%
Description : A vendor bought 35kg of wheat at the rate of Rs 50per kg. He sold 45%of the total quantity at the rate of Rs55 per kg. Approximately, at what price per kg should he sell the remaining quantity to make 40%overall profit?
Last Answer : CP of wheat=35*50=Rs.1750 45 of 35kg=45/100*35=15.75kg SP of 15.75kg=15.75of55=Rs.866.25 For 40%profit, total Sp of all the wheat is 1750*140/100=Rs.2450 Remaining sugar(35-15.75)=19.25kg Rate of remaining sugar per kg=2450-866.25/19.25 = Rs.82.27
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%
Description : Forest policy of govt. aims to bring what percentage of total area, under forest? (a) 33% (b) 25% (c) 22% (d) 27%
Last Answer : Ans: (a)
Description : Which of the following series of discounts is the best for a customer? (A) Successive discounts of 10% ,20%,30% (B) Successive discounts of 20%,20%,20% (C) Successive discounts of 15%,15%,15%,15% (D) Successive discounts of 20%,40% a) A b) B c) C d) D e) A and B
Last Answer : consider the price as 100 A = 100 × 0.9 × 0.8 × 0.7 =50.4 B = 100 × 0.8 × 0.8 × 0.8=51.2 C = 100 × 0.85 × 0.85 × 0.85 ×0.85 ~ =52.2 D = 100 × 0.8 × 0.6 =48 We see that the maximum discount of 52% (100-48) is on D, which is the best for a customer. Answer : d
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.
Description : If a company has sales of $420,000, net sales of $400,000, and cost of goods sold of $260,000, the gross profit rate is a. 67%. b. 65% c. 35%. d. 33%.
Last Answer : c. 35%.
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 : 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 : 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 : 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.)
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 : Ananya invest in two schemes, in one scheme she get 15% profit and in other scheme he get 30% profit, what is his total profit if he invest in the ratio of 2:3 respectively.
Last Answer : Total profit = (2/5*15)+(3/5*30) =30/5+90/5 =6+18 =>24%
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 : In a competitive examination in Pondicherry, 18% candidates got selected from the total appeared candidates. Tamilnadu and Pondicherry had an equal number of candidates appeared and in Tamilnadu 21% candidates got selected ... appeared from each State? a) 25000 b) 84000 c) 24000 d) 700000 e) 9800
Last Answer : Answer: C Pondichery and Tamilnadu had an equal number of candidates appeared In Pondicherry, 18% candidates got selected from the total appeared candidates In tamilnadu, 21% candidates ... > total appeared candidates in pondicherry = total appeared candidates in tamilnadu = 24000
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%
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
Description : A milkman mixes 20 litres of water with 80 litres of milk. After selling one-fourth of this mixture, he adds water to replenish the quantity he has sold, what is the current proportion of water to milk? a) 1 : 3 b) 2 : 3 c) 3 : 4 d) 4 : 3 e) None of these
Last Answer : Milk remaining after selling 1/4 of mixture = 80 ×(1- 1/4)=60 litres =>water =100-60 = 40 litres => Required ratio = 40 : 60 =2 : 3 Answer: b)
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 : 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%