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%
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 : A shopkeeper marked a suit at Rs.400. He sold it after allowing a discount, and still made at a profit of 25%. At what percentage above its cost price did he marked the suit, if he sold it for Rs.320? a)50% b)66 2/3% c)62 1/2% d)56 1/4%
Last Answer : d)56 1/4%
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%
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 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%
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 : A retailer buys 40 pens at the marked price of 36 pens from a wholesaler. If he sells these pens giving a discount of 1%, what is the profit percent? A. 10% B. 22% C. 25% D. 26%
Last Answer : Answer – A (10%) Explanation – Let the marked price of each pen be Re. 1. Then, C.P. of 40 pens = Rs. 36. S.P. of 40 pens = 99% of Rs. 40 = Rs. 39.60. ∴ Profit% = [3.60/36 x 100]% = 10%.
Description : A dealer allows a discount of 40 % on the marked price to the retailer. The retailer sells at 10% below the marked price. If the customer pays Rs.38 for an article, what profit is made by the retailer on it?
Last Answer : Let dealer marked price = 100%, Retailer's C.P = 60% And the retailer sells at 10% less than the marked price =>S.P = 90% If S.P of 90% of the retailer costs Rs.38 to customer, So its C.P of 60% will cost 60*38/90 = 25 Profit made by the retailer = 38-25 = Rs.13
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%
Description : A trader sold a trouser at 44% profit after announcing two successive discounts of 10% and 20%. At what percentage did he mark the trouser above the cost price? a)60% b)100% c)180% d)175%
Last Answer : b)100%
Description : Rita bought a computer with a discount of 10% on its marked price. she sold it at a price 25% more than the price at which she bought it. The new SP is how much percentage more than marked price?
Last Answer : Mp=Rs x Sp=Rs 90/100*x=9x/10 Sp=9x/10*125/100=9x/8 Required %= (9x/8-x)/x *100 = 12.5%
Description : In a shop the profit is 160% of the cost. If the cost increased by 12.5% but the selling price remains constatnt, approximately what percentage of the selling price is the profit?
Last Answer : Let cost price be ‘x’ Then profit = Rs 160 Selling price = Rs.260 New cost price = 112.5% 0f Rs.100 = (112.5x/100 * 100) = Rs.112.5 New selling price = Rs.260 Profit = Rs(260 – 112.5) = Rs.147.5 Required percentage = (147.5/260 * 100) % =56.7%
Description : In a certain mall, the profit is 160% of the cost. If the cost increases by 12.5% but the selling price remains constant, approximately what percentage of the selling price is the profit?
Last Answer : Let C.P.= Rs. 100. Then, Profit = Rs. 160, S.P. = Rs. 260. New C.P. = 112.5% of Rs. 100 = Rs. 112.5 New S.P. = Rs. 260. Profit = Rs. (260– 112.5) = Rs. 147.5 Required percentage = 147.5/260*100=57% (approx.)
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
Description : Kumaran stores offered 60% discount on the marked price and there is a loss of 30%. If it is sold the MP, find the profit percentage?
Last Answer : MP= Rs X Sp= 40/100*x= 2x/5 CP= 2x/5*100/70=4x/7 Profit when sold at MP= x-4x/7 =3x/7 Profit% = (3x/7)/(4x/7)*100=75%
Description : If 20% discount is allowed on the marked price then the profit is 40%. If the discount is increased to 40% then what will be the profit percentage?
Last Answer : cp=100% profit=40% selling price= 140% marked price = 140% mp=140*100/80= 175 40%discount in mp= 175 *60/100 New sp=105 new profit%= new sp-cp/cp *100 =105-100/100*100 =5
Description : A person, by selling an article at half of the list price incurs a loss of 20%. Find the profit percentage if he sells at the list price? A. 25% B. 60% C. 5% D. 30 %
Last Answer : Answer – B (60 %) Explanation – 0.50 MP = 0.8 CP (since 20% loss) So, MP = 160CP ⇒ 60% gain.
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
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 : Kabi buys wheat at Rs. 15/kg and puts a price tag on it so as to earn a profit of 10%. However, his faulty balance shows 1000 gm when it is actually 900 gm. What is his actual gain percentage?
Last Answer : CP of 1000gm = Rs. 15 SP of 900gm = Rs. 16.5 SP of 1000gm =16.5x1000/900 = Rs. 18 Now take 1000gm as reference to calculate profit. Profit=SP-CP=18-15=Rs. 3 Profit % = 3x100/15 = 20%
Description : Sekar gives the discount of 42% for nokia phone, after he marked the price 29% more than its cost price. find his loss or profit %?
Last Answer : Cp= 100 MP=129/100*100=129 Sp=129*42/100 =129-54.18 =74.82 Loss% = (100-74.82) = 25.18%
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 : 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
Description : A shopkeeper sold a toothpaste at a profit of 12.5%. His cost price was Rs.5 less than his selling price. find his cost price (in Rs.) a)30 b)36 c)40 d)50
Last Answer : c)40
Description : The market price of a novel was 50% more than its cost price. Vadi was going to sell it at market price to a customer, but he showed vadi some defects in the novel, due to which vadi gave ... another discount that was equal to 14.5% of the cost price. What was the approximate profit/loss to vadi?
Last Answer : Let the cost price be Rs. 100 Then, market price is Rs. 150 Now, the first discount is of 33% Rs.150 =Rs. 50 Hence, its selling price = 150 - 50 = Rs. 100 since vadi's ... further discount will be equal to loss % The next discount of 14.5% will be the loss percentage to vadi
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%
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 : What is the highest % discount(approximately) that a trader can offer on his marked price, so that he ends up selling at no profit or loss, if he initially marked his goods up by 60%?
Last Answer : Let CP= Rs 100 MP= Rs100+60=160 Discount= x% then, 160*[100-x/100] =100 100-x=100*100/160 x=37.5%
Description : By selling a mobile at 52% discount, a seller incurs a loss of 8%. The marked price of the product is 18000 Rs. At what percent discount the seller should sell the mobile so as to have a profit of 33%.
Last Answer : Since, Marked Price = 18000 Therefore, Selling Price = 18000*0.48 = 8640 Loss of 8% is there Therefore, Cost price = 8640/0.92 = 9391.30Rs To have profit of 33% The Selling Price should be = 9391. ... should be 18000 - 12490.42 = 5509.58Rs Discount% should be [5509.58/18000]*100 = 30.60 ≈ 31%.
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 marked price of a Chair is Rs 480. The seller offered the discount of 25% and gain 50%. If no discount is allowed, find his gain percentage?
Last Answer : MP= Rs. 480,discount= 25% SP= 480*75/100 = 360 CP= 360* 100/150= 240 Required %= (480-240)/240*100 = 100%
Description : Kumar buys a car marked price at Rs 500000 with 35% and 30% off. He spends Rs 75000 for maintenance sell it for Rs 500000 What is the gain or loss percentage?
Last Answer : Total CP= (65%0f 70%of 500000)+75000 =0.65*0.7*500000+75000 CP=Rs 302500 SP=Rs5,00,000 gain%=(500000-302500)/302500*100 =65.28%
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 merchant claims to sell goods at his cost price. But by using false weights, he give only 600 gm of goods for every 1 kg that he buys.What is his profit percentage? a)40% b)100% c)60% d)66 2/3%
Last Answer : d)66 2/3%
Description : The Selling price of 12 articles equals the cost price of 15 articles. find the profit/loss percentage? a)25% profit b)20% profit c)25% loss d)20% loss
Last Answer : a)25% profit
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
Description : The profit made by selling 30 m of a cloth equals the cost price of 6 m of that cloth. find the profit percentage a)25% b)20% c)16 2/3% d)30%
Last Answer : b)20%
Description : A seller mixes 30% water to milk and then he sells the whole mixture at the price of milk. If the cost price of water be 50% of the cost price of milk, what is the net profit percentage?
Last Answer : Let CP of 1litre of milk = Rs.200 & CP of 1litre of water = Rs. 100 CP of solution=140+30=170 Sp of 1litre solution= 200 Profit%= (200-170)*100/170 = 17.64%
Description : In a certain occupation, the profit is 110% of the cost. If the cost increases by 13% but the selling price remains constant, approximately what percentage of the selling price is the profit?
Last Answer : Let Cp= RS.100 Profit= Rs 110 Sp= Rs 210 New Cp= 113%0f Rs.100=Rs. 113 New SP= Rs. 210 Profit= Rs. (210-113)= Rs. 97 Required %= 97/210*100=46%
Description : In a certain office, the profit is 160% of the cost. If the cost increases by 12% but the selling price remains constant, approximately what is the percentage profit?
Last Answer : Let cost price = Rs.100 ; then profit = 160 Selling price = Rs.260 ; new cost price = 112% of Rs 100 New cost price = 122 ; new selling price = Rs 260 Profit = 260 – 112 = Rs.148 Required percentage = (148/112 *100)% = 132.14%
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 : When a manufacturer allows 38% commission on the retail price of his product he earns a profit of 9%. What would be his profit percent if he commission is reduced by 22%?
Last Answer : Let retail price =Rs.100, then commission=Rs.38 Selling price=Rs(100-38) =Rs.62, but profit=9% Cost price=Rs[100/109*62] =56.88 New commission=Rs.16, New selling price=Rs(100-16) =Rs.84 Gain=Rs[84 - 54.88]=27.12 Gain%=[27.12*100/56.88] =47.6%
Description : Anwar marked his radio at 40% above his cost price. He, then sold it after offering a discount of 40%. If he made a loss of Rs.640, find his selling price (in Rs.) a)4320 b)4640 c)3360 d)3720
Last Answer : c)3360
Description : A merchant marked his goods at 16% above the cost price. He sold half of the stock at the marked price, one quarter at a discount of 16% on the marked price and the rest at a discount of 32% on the marked price. His total gain is,
Last Answer : Let cost price whole stock = Rs.100 then marked price of whole stock=Rs.116 Marked price of half stock=Rs.58 marked price of onefourth stock=Rs.29 Total selling price=Rs[58+(84% of 29)+(68% of 29)] =Rs[58+24.36+19.72] =Rs.102.08 Hence gain %=(102.08-100)%=2.08%
Description : Two items X and Y are sold at a profit of 30% and 45% respectively. If the amount of profit received is the same, then the cost price X and Y may be in ratio?
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
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%
Description : The profit made by selling 25 m of a cloth equals the selling price of 5 m of that cloth. find the profit percentage? a)25% b)20% c)16 2/3% d)30%
Last Answer : a)25%
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%
Description : Varshini sold one – fourth of her books at a gain of 10% and the remaining at cost price. Find the gain earned by her in the whole transaction.
Last Answer : Let cost price of whole be Rs x Cost price of 1 / 4 th =Rs x/4 Cost price of 3 / 4 th = Rs 3x/4 Total selling price = Rs [(110% of x/4)+3x/4)] = Rs [(110/100 * x/4) + 3x/4] = Rs [11x/40 + 3x/4 ... 41x/40 Gain = Rs 41x/40 - x = x/40 Gain % = x/40 * 100 *1/x = 100/40 Gain % = 2.5%