Reeta buys an old cycle for Rs.2500 and spends Rs.300 on its repairs. If he sells the cycle for Rs.3200, his gain percent is?

Reeta buys an old cycle for Rs.2500 and spends Rs.300 on its repairs. If he sells the cycle for Rs.3200, his gain percent is?
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1 Answer

Answer :

Profit Percentage = Profit / cost price x 100

Cost price = 2500+300 = 2800

Profit = sp-cp

=3200-2800=> 400

Profit percentage = 400 / 2800 x 100

= 14.28%
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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.

Helen went to a mall and then she bought earings at Rs 120 per dozen. The selling price of hundred earings so as to gain 30% will be(in Rs)?

Description : Helen went to a mall and then she bought earings at Rs 120 per dozen. The selling price of hundred earings so as to gain 30% will be(in Rs)? 

Last Answer : 12 earings cost= 120per dozen 1 earing cost= 120/12 = Rs. 10 sp CP of 100 earings = 100* 10 = Rs 1000 so SP= Rs x from question, SP-CP/CP* 100 =profit % (x-1000)/1000*100= 30 300=x-1000 x=Rs1300

Preethi bought 240 reams of brown sheet at Rs 200 per ream and the expenditure on transport Was Rs 960. she had to pay an octroi duty of 1Rs per ream and the labour charges were Rs 120. What should she charge per ream to gain 80%(in Rs)?

Description : Preethi bought 240 reams of brown sheet at Rs 200 per ream and the expenditure on transport Was Rs 960. she had to pay an octroi duty of 1Rs per ream and the labour charges were Rs 120. What should she charge per ream to gain 80%(in Rs)?

Last Answer : Total CP= Rs(240*200)=Rs. 48000 Total expenditure=(960+1*240+120)= Rs. 1320 totalCp= 48000+1320=Rs. 49320 gain= 80% sp of 240reams = 49320*180/100 = Rs.88776 Sp per ream= 88776/240= Rs 369.9

Usha purchased 10 fans for Rs 1000 each. She spent Rs 4000 on the maintenance of all fans. She sold five of them for Rs 1500 each and the remaining for 1100 each. Then the total gain or loss % is?

Description : Usha purchased 10 fans for Rs 1000 each. She spent Rs 4000 on the maintenance of all fans. She sold five of them for Rs 1500 each and the remaining for 1100 each. Then the total gain or loss % is? 

Last Answer : Total actual CP = Rs. (1000*10+4000)=Rs. 14000 Total Sp = Rs.(5* 1500+5*1100) =Rs. 13000 Loss= cp-sp=1000 Loss %= (1000/14000)*100 = 7.14%

An product is sold at a loss of 10%. Had it been sold for Rs. 9 more, there would have been a gain of 12 1/2% on it. The cost price of the product is

Description : An product is sold at a loss of 10%. Had it been sold for Rs. 9 more, there would have been a gain of 12 1/2% on it. The cost price of the product is

Last Answer : Let the cost price of the product = Rs. x S.P. at 10% loss = x×90/100= Rs. 9x/10 S.P. at 12 1/2 % gain x × (100+12 1/2)/100 = Rs. 225x/200 9x/10 + 9 = 225x/200 180x + 1800 = 225x x = Rs. 40

A salesman sold an book at a loss of 25%. If the selling price had been increased by Rs. 150, there would have been a gain of 15%. The cost price of the book was:

Description : A salesman sold an book at a loss of 25%. If the selling price had been increased by Rs. 150, there would have been a gain of 15%. The cost price of the book was:

Last Answer : Let the C.P. of book be Rs. x. 115% of x - 75% of x = Rx. 150 40% of x = Rx. 150 x = Rs. (150×100)/40 x= Rs. 375

Swetha purchased 160kg of ragi at Rs.27 per kg and mixed it with 240kg ragi at Rs.32 per kg. At what rate should she sell the mixture to gain 32% profit?

Description : Swetha purchased 160kg of ragi at Rs.27 per kg and mixed it with 240kg ragi at Rs.32 per kg. At what rate should she sell the mixture to gain 32% profit? 

Last Answer : Cost price of 400kg of mixture = Rs(160 * 27 = 240 *32)  = Rs12000  Selling price = 132% of Rs 12000  = 132/100 * 12000 = 15,840  Rate of selling price of the mixture = Rs 15840/400  = Rs.39.60 per kg

Murugan sold a book at a loss of 40%. If the selling price had been increased by Rs.200, there would have been a gain of 10%. What was the cost price of the book?

Description : Murugan sold a book at a loss of 40%. If the selling price had been increased by Rs.200, there would have been a gain of 10%. What was the cost price of the book?

Last Answer : Let cost price be Rs ‘x’  Then (110% of x) – (60 % of x) = 200  (110x/100) - (60x/10) = 200  110x – 60x = 20000  X = 400  So cost price of the book = Rs.400

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