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

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
by

1 Answer

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)
by

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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

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

According to Reserve Bank of India Regulations, “Universal Banks” are permitted to pick up stake in Payment Banks up to _________ A. 35% B. 25% C. 20% D. 40% E. 30%

Description : According to Reserve Bank of India Regulations, “Universal Banks” are permitted to pick up stake in Payment Banks up to _________ A. 35% B. 25% C. 20% D. 40% E. 30%

Last Answer : E. 30% Explanation: RBI regulations allow universal banks to invest up 30 per cent in payments banks.

Net profit after tax of Rs. 2,00,000 is Rs. 4,00,000. Share capital is Rs. 8,00,000 and revenue reserve is Rs. 2,00,000. What is rate of return on equity ? (A) 40% (B) 50% (C) 60% (D) 75%

Description : Net profit after tax of Rs. 2,00,000 is Rs. 4,00,000. Share capital is Rs. 8,00,000 and revenue reserve is Rs. 2,00,000. What is rate of return on equity ? (A) 40% (B) 50% (C) 60% (D) 75%

Last Answer : Answer: 40%

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 %

By selling 45 lemons for Rs 40, a man loses 20%.How many should he sell for Rs 24 to gain 20% in the transaction? a) 19 b) 22 c) 20 d) 18 e) 14

Description : By selling 45 lemons for Rs 40, a man loses 20%.How many should he sell for Rs 24 to gain 20% in the transaction? a) 19 b) 22 c) 20 d) 18 e) 14

Last Answer : Selling price = Rs. 40 Loss = 20% Therefore, cost price = 40×100 /(100 - 20) = Rs. 50 Therefore, cost price of each lemon = Rs. 50/45 Now, selling price = Rs. 24 Profit = 20% Cost price = 24×100/120 = Rs. 20 Number of lemons for Rs. 20 = 20/(50/45) = 900/50 = 18 Answer: d)