Profit earned by an corporation is distributed among total officers and clerks in the ratio of 7:5 respectively. If the number of officers is 60 and the number of clerks is 100 and the amount received by an each officer is Rs.35,000. What was the total amount of profit earned?

Profit earned by an corporation is distributed among total officers and clerks in the ratio of 7:5 respectively. If the number of officers is 60 and the number of clerks is 100 and the amount received by an each officer is Rs.35,000. What was the total amount of profit earned?
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1 Answer

Answer :

The total amount distributed among 60 officers=35000*60 = 21,00,000

 Let the total amount distributed to 100 clerks be ‘Y’

 Then 21,00,000/Y = 7/5

 Y = 15,00,000

 Therefore total profit = 21,00,000 + 15,00,000 = 36 lakhs
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Related questions

Wipro is the leading IT company then the profit earned by same organization is distributed among HR and officers in the ratio of 13:7 respectively. If the number of HR is 104 and the number of officers is 156 and the amount received by HR is Rs 6000. What was the total amount of profit earned (in lakhs )?

Description : Wipro is the leading IT company then the profit earned by same organization is distributed among HR and officers in the ratio of 13:7 respectively. If the number of HR is 104 and the number of officers is ... amount received by HR is Rs 6000. What was the total amount of profit earned (in lakhs )?

Last Answer : Total amount distributed among 104 HR’s= Rs. 104*6000 =Rs. 624000 Let the amount distributed to 156 officers be x Then 624000/x = 13/ 7 Then x = Rs, 336000 The total profit = Rs. 624000+336000= Rs. 9.6lakhs

The ratio of the cost price of product A to that of B is 5:7. product A was sold at a profit of 80% and product B was sold at a profit of 20%. If the total profit earned after selling both the (products A and B is Rs 296) what is the difference between the cost prices of product A and B?

Description : The ratio of the cost price of product A to that of B is 5:7. product A was sold at a profit of 80% and product B was sold at a profit of 20%. If the total profit earned after selling both the (products A and B is Rs 296) what is the difference between the cost prices of product A and B?

Last Answer : CP of product A= 5X CP of product B=7x Total price = (5x*0.8)+(7x*0.2) =296 4X+1.4X=296 5.4X=296 x=54.81=55(approx.) difference of the CP= 7x-5x=2x=2*55  = Rs. 110

Arun and Bharat started a business with investments of Rs.10000 and Rs.15000 respectively. Arun being a working partner gets Rs.100 every month as salary from the profit. At the end of one year the business makes a profit of Rs.4800. Find the total share of Arun out o this amount (in Rs.) a)2880 b)2640 c)3240 d)2760

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Last Answer : c)20% loss

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Last Answer : Let same profit be Rs 45. 30% = Rs 45 for item X ⇒ CP of item X= 150 Rs 45% = Rs 45 for item Y ⇒ CP of item Y = 100 Rs Ratio = 150:100 = 3:2

Ganesha, Harish and Raghu started a business with investments of Rs.15000, Rs.18000 and Rs.21000. At the end of the one year, they earned a total profit of Rs.5400. Find the respective shares of Ganesh, Harish and Raghu in the profit (in Rs.) a)1500,1800,2100 b)1360,1800,2240 c)1750,2100,2450 d)1890,2100,2310

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Last Answer : a)1500,1800,2100

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Francis and George started a business with investments of Rs.7000 and Rs.10000. After x months, Francis left. After two more months David joined the business with an investment of Rs.10000. If the annual profit is shared among David, Francis and George in the ratio 10:7:24, find the respective time periods of David, Francis and George for which they stayed that year. a)5:5:12 b)1:1:3 c)1:1:4 d)1:1:2

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Last Answer : a)5:5:12

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%

A seller sold a cloth for Rs. 720 after giving 20% discount on the labelled price. Had he not given the discount, he would have earned a profit of 40% on the CP. what was the Cp of the cloth?

Description : A seller sold a cloth for Rs. 720 after giving 20% discount on the labelled price. Had he not given the discount, he would have earned a profit of 40% on the CP. what was the Cp of the cloth?

Last Answer : Let CP= x Sp of each cloth =80/100*x =720 x= 720*100/80 =900 CP= 900* 100/140 =Rs 643.

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Description : A shopkeeper announced 35% discount on an item. A customer bought the item from the shop for Rs. 21000 after getting discount. That person sells the item to another person in such a way that he earned a profit of 32% on the original price. What is the selling price for the another person?

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Gowtham started a business, investing Rs.25000. After 4 months and 5 months respectively, Rithick and Sudhir joined him with capitals of 15000 and 12000. At the end of the year the total profit was Rs.4632. What is the difference between Rithick’s and Sudhir’s share in the profit approximately?

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Last Answer : Gowtham investment =25000*12=3000000 Rithick investment = 15000*8 =120000 Sudhir investment = 12000*7 =84000  Ratio of their investment= 25:10:7  The difference between Rithick’s and Sudhir’s share=3  That is= 4632*3/42 = Rs 331 (approx.)

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

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

A car worth Rs.2,50,000 is sold by usha to nandhini at 10 % profit. Nandhini sells the car back to usha at 4% loss. Then in the entire transaction total gain by usha is?

Description : A car worth Rs.2,50,000 is sold by usha to nandhini at 10 % profit. Nandhini sells the car back to usha at 4% loss. Then in the entire transaction total gain by usha is?

Last Answer : Money spent by usha = Rs.2,50,000  Money received by usha = 110% of Rs.2,50,000 = 2,75,000  Cost price to usha = 96% of Rs.2,75.000 = Rs.2,64,000  Therefore usha gains Rs(2,75,000 – 2,64,000) = Rs.11000

Selva purchased 60 chairs at a price of Rs. 55 per chair. He sold 15 chairs at a profit of Rs. 6 per chair and 37 chair at a profit of Rs. 7 per chair. The remaining chairs were sold at a loss of RS.3 per chair. What is the average profit per chair?

Description : Selva purchased 60 chairs at a price of Rs. 55 per chair. He sold 15 chairs at a profit of Rs. 6 per chair and 37 chair at a profit of Rs. 7 per chair. The remaining chairs were sold at a loss of RS.3 per chair. What is the average profit per chair?

Last Answer : Total cost price = Rs(60*55) = Rs.3300 Total selling price = Rs [(15*55 + 15 * 6)+(37*55+37*7)+(8*55 - 8*30)] = Rs. [ 915 + 2294 + 416] = Rs.3625 Average profit = Rs[3625 – 3300/60] = Rs.(325/60) = Rs. 5.416 Therefore the average profit per chair is Rs 5.41.

A shopkeeper sells a cricket bat whose marked price is Rs.60 at a discount of 20% and gives a ball costing Rs.3 free with each bat. Even then he makes a profit of 25%. His cost per bat is.

Description : A shopkeeper sells a cricket bat whose marked price is Rs.60 at a discount of 20% and gives a ball costing Rs.3 free with each bat. Even then he makes a profit of 25%. His cost per bat is.

Last Answer : Marked price = Rs.60  Selling price = Rs [(80/100 * 60) – 3]  = Rs.45 Let cost price brRs ‘x’.  Then 125% of x = 45  (125/100 * x) = 45  Cost price of one bat = Rs.36

Anwar and Bhaskar started a business with investments of Rs.15000 and Rs.24000. At the end of 4 months from the start of the business, both withdrew one-third of their respective capital. Find the ratio of their profits in the total profit at the end of one year. a)1:2 b)3:4 c)4:5 d)5:8

Description : Anwar and Bhaskar started a business with investments of Rs.15000 and Rs.24000. At the end of 4 months from the start of the business, both withdrew one-third of their respective capital. Find the ratio of their profits in the total profit at the end of one year. a)1:2 b)3:4 c)4:5 d)5:8

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A, B and C are 3 partners in a business. Their investments are respectively Rs 2000, Rs 4,000 and Rs 3,000. A gets 30% of total profit for managing the business. The remaining profit is divided among them in the ratio of their investments. At the end of the year, the profit of Ais Rs 1100 less than the sum of the profit of B and C. What amount of income will C get? A) Rs 2100.75 B) Rs 2887.5 C) Rs 2705.75 D) Rs 2546.25

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Last Answer : Answer: B) The ratio of profit of A, B and C is 2000:4000:3000=2:4:3. Let the annual profit be P. Then, A will get 0.3p for managing the business. And, remaining 0.7p will be distributed in the ratio of their ... ⇒ 7/9 0.7p−2/9 0.7p−0.3p=1100 ⇒ p=12,375 So, C's share=3/9 0.7p=Rs 2887.5

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.

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%

A taxi driver makes a profit of 25% on every trip when he carries 4 passengers and the price of petrol is Rs. 35 a litre. Find the approximate % profit for the same journey if he goes for 5 passengers per trip and the price of petrol reduces to Rs. 28 litres?

Description : A taxi driver makes a profit of 25% on every trip when he carries 4 passengers and the price of petrol is Rs. 35 a litre. Find the approximate % profit for the same journey if he goes for 5 passengers per trip and the price of petrol reduces to Rs. 28 litres?

Last Answer : When 4 passengers income was 4x Expense= Rs.35. Profit =25% of 35+35= Rs.43.75 That means his earning is Rs.44.775.so that per passenger fare must be Rs.10.93  When 5 passengers earning = 10.99x5=Rs.54.68 Expense =Rs.28  Profit = 95.28 % approx.

A seller buys three types of apples at Rs 150, Rs 120, and Rs 110 per kg. He mixes them in the ratio of 5:6:7 by weight and sells them at a profit of 50%. At what price per kilogram does he sell the apples?

Description : A seller buys three types of apples at Rs 150, Rs 120, and Rs 110 per kg. He mixes them in the ratio of 5:6:7 by weight and sells them at a profit of 50%. At what price per kilogram does he sell the apples? 

Last Answer : suppose the seller purchases 5kg , 6kg 7 kg apples. then the price of the total apple (5*150)+(6*120)+(7*110)=750+720+770=2240 as the total apples weights 18kg and the dealer makes a profit of 50% the selling price of apples per kg= 1.5* 2240/ 18 = 3360/18=Rs. 186.66

Kannan sells laddu at Rs.30 per kg. A laddu is made up of flour and sugar in the ratio of 5:3. The ratio of price of sugar and flour is 7:3 (per kg). Thus, he earns 67% profit. What is the cost price of sugar?

Description : Kannan sells laddu at Rs.30 per kg. A laddu is made up of flour and sugar in the ratio of 5:3. The ratio of price of sugar and flour is 7:3 (per kg). Thus, he earns 67% profit. What is the cost price of sugar?

Last Answer : Since, the profit is 67, so the selling price will be 167% of the cost price ∴Ratio of selling price to cost price will be 5:3 ∴Cost price of laddu =30*3/5 = 18 Let cost of flour and sugar is 3s and 7s respectively ... )/8=18 15s+21s=144 36s=144 s = 4 ∴Price of sugar = 7s = 7 4 = Rs. 28

P started a business in 1990 by investing Rs.25,000. She invested Rs. 10,000 as additional amount in 1991 and her friend Q joined her with an amount of Rs.35,000. P invested another Rs. 10,000 in 1992 and R joined them with Rs. 35,000. At the end of these 3 years, they earned a profit of Rs. 150,000. Find Q's share? a) Rs.50,000 b) Rs.65,000 c) Rs.75,000 d) Rs.15,000

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Last Answer : Answer: A) P invested Rs.25,000 for 12 months, Rs.(25000 + 10000) for 12 months, , Rs.(25000 + 10000 + 10000) for 12 months. i.e., P invested Rs.25,000 for 12 months, Rs.35000 for 12 months Rs.45000 for 12 months. Q ... Q's share = Rs.(1,50,000 x 2 /(3+2+1)) = Rs.(1,50,000 x 2/6) = Rs.50,000

A sells a gold ring to B for Rs 90,000 losing 20% in the transaction. B sells it to C at a price which would have given a profit of 20% to A. By what percent does B gain?

Description : A sells a gold ring to B for Rs 90,000 losing 20% in the transaction. B sells it to C at a price which would have given a profit of 20% to A. By what percent does B gain?

Last Answer : A sells to B at 20% loss So CP=90000*100/80=112500 20%profit to A= 112500*120/100=135000 Total gain= (135000-90000)=45000 Gain%= 45000/90000*100=50%

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?

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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?

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Anamika purchased 60 tablets at a price of Rs.60 per tablet. she sold 15 tablets at profit of Rs.6per tablet and 38 tablets at a profit of Rs. 7per tablet. The remaining tablets were sold at a loss of Rs. 4 per tablet. What is the average profit percentage per tablets?

Description : Anamika purchased 60 tablets at a price of Rs.60 per tablet. she sold 15 tablets at profit of Rs.6per tablet and 38 tablets at a profit of Rs. 7per tablet. The remaining tablets were sold at a loss of Rs. 4 per tablet. What is the average profit percentage per tablets?

Last Answer : Total CP= 60*60=3600 Total Sp= [(15*60+15*6)+(38*60+38*7)+(7*60-7*4)] = 990+2546+392=3928 Average profit = 3928-3600/60 =328/60 =>5.46%

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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

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

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%

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

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%

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

Selvi, Deepi and Dinesh invest in the ratio of 4 : 5: 6. The percentage of return on their investments are in the ratio of 7 : 6 : 5. Find the total earnings, If Deepi earns Rs. 350 more than Selvi:

Description : Selvi, Deepi and Dinesh invest in the ratio of 4 : 5: 6. The percentage of return on their investments are in the ratio of 7 : 6 : 5. Find the total earnings, If Deepi earns Rs. 350 more than Selvi:

Last Answer : Selvi deepi dinesh

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

Prasad and Satish started a business with investments of Rs.2000 and Rs.5300 respectively. At the end of every month, Prasad invests Rs.300 while Satish withdraws Rs.300. What is the ratio in which they should share the profits at the end of one year. a)13:14 b)1:1 c)14:13 d)Cannot be determined

Description : Prasad and Satish started a business with investments of Rs.2000 and Rs.5300 respectively. At the end of every month, Prasad invests Rs.300 while Satish withdraws Rs.300. What is the ratio in which they should share the profits at the end of one year. a)13:14 b)1:1 c)14:13 d)Cannot be determined

Last Answer : b)1:1

Ram and Shyam started a business with investments of Rs.40000 and Rs.60000. At the end of one year, out of the total Ram got Rs.2000 less profit than Shyam. Find the total profit (in Rs.) a)12000 b)10000 c)8000 d)16000

Description : Ram and Shyam started a business with investments of Rs.40000 and Rs.60000. At the end of one year, out of the total Ram got Rs.2000 less profit than Shyam. Find the total profit (in Rs.) a)12000 b)10000 c)8000 d)16000

Last Answer : b)10000

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 

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?

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

The summarized balance sheet of Autolight Limited shows the balances of previous and current year of retained earnings Rs. 25,000 and Rs. 35,000. If dividend paid during the current year amounted to Rs. 5,000 then profit earned during the year will be: (a) Rs. 5,000 (b) Rs. 55,000 (c) Rs. 15,000 (d) Rs. 65,000

Description : The summarized balance sheet of Autolight Limited shows the balances of previous and current year of retained earnings Rs. 25,000 and Rs. 35,000. If dividend paid during the current year amounted to Rs. 5,000 then profit earned during ... (a) Rs. 5,000 (b) Rs. 55,000 (c) Rs. 15,000 (d) Rs. 65,000

Last Answer : (c) Rs. 15,000

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

If 7/8 part of a books is sold at 60% profit, 1/12 part at 32% profit and remaining part at 24% profit and finally, there is a profit of Rs.150, then find the cost price of the books approximately

Description : If 7/8 part of a books is sold at 60% profit, 1/12 part at 32% profit and remaining part at 24% profit and finally, there is a profit of Rs.150, then find the cost price of the books approximately

Last Answer : a = 7/8 , x = 60 % , b =1/12 , y = 32 % , z = 24 % and R = Rs150 Required CP of books = (150*100)/(7/8*60+1/12*32+1/24*24) =15000/(52.5+2.66+1)  = 15000/56.16 = Rs267

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.

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

Bhuvana bought 50 dozen of bangles at Rs5 per dozen. She spend Rs.125 on a particular tax and she sold them at 50p per each bangle. What was her profit or loss percent?

Description : Bhuvana bought 50 dozen of bangles at Rs5 per dozen. She spend Rs.125 on a particular tax and she sold them at 50p per each bangle. What was her profit or loss percent?

Last Answer : Cost price of 1 dozen bangles = Rs.5 Cost price of 50 dozen bangles = 50*5=Rs. 250  Amount of tax paid = Rs.125  Total cost price=250+125 = 375  Selling price of total number of bangles=50 * 12 * ½ = 300  Loss = 375 – 300 = 75 loss percentage = (75*100)/375 = 20%

Avinash, Bala and Chandran invested Rs.45,000/-, Rs. 70, 000/- and Rs. 90,000/- respectively to start a business. At the end of two years, they earned a profit of Rs.1,64,000/-. What will be Bala’s share in the profit? a) Rs.56, 000/- b) Rs.46, 000/- c) Rs. 50, 000/- d) Rs.75, 000/- e) None of these

Description : Avinash, Bala and Chandran invested Rs.45,000/-, Rs. 70, 000/- and Rs. 90,000/- respectively to start a business. At the end of two years, they earned a profit of Rs.1,64,000/-. What will be Bala’s share in the profit? a) Rs.56, 000/- b) Rs.46, 000/- c) Rs. 50, 000/- d) Rs.75, 000/- e) None of these

Last Answer : Profit sharing ratio of Avinash,Bala & Chandran = 45000 : 70000 : 90,000 = 45 : 70 : 90 = 9 : 14 : 18 Bala's share of profit after two year =Rs.164000 × 14 × 41 = Rs. 4000 ×14 = Rs. 56000 Answer: a)

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

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)