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?

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?
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1 Answer

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.
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Description : Deepak selling a product at 48% discount, he incurs a loss of 10%. The marked price of the product is 15000 Rs. At what percent discount he should sell the product so as to have a profit of 30%.

Last Answer : Mp=15000==>Sp= 15000*0.52= 7800. Loss of 10% is there==>Cp= 7800/ 0.90= RS.8666.66 Profit of 30% = 6000*1.15=11266.66 Discount should be Rs2600 Discount % should be {2600/15000}*100 =17.3%

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.

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?

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?

Last Answer : Let original price=x X*65/100=21000 X=21000*100/65=32307.6Rs. SP=32307.6*132/100=Rs.42646.15

In order that there may be a profit of 15% after allowing a discount of 10% on the marked price, The marked price of an book has to be increased by %?

Description : In order that there may be a profit of 15% after allowing a discount of 10% on the marked price, The marked price of an book has to be increased by %? 

Last Answer : Mp= Rs x Sp= 90x/100= 9x/10 Mp= 9x/10*100/115=18x/23 Mp has increased by (x-18x/23)/(18x/23)*100 =27.7%

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%

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

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?

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