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 : 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 : 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 : 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 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
Description : A dealer buys an article marked at Rs. 50,000 at 25% and 10% successive discount. He spends Rs. 5000 on its repair and sells it for Rs. 50,000. What is his loss or gain percentage? 1. 33.63% loss 2. 26.43% gain 3. 1.25% gain 4. 29.03% 5. 27.13% loss
Last Answer : CP of the article
Description : Rahim is dealer of magnetic components. He imports the components from Russia. Rahim sells a radio valve at profit of 20%. If he bought it at 20% less and sold it for Rs 5 less than the previous selling price, he would have gained 25%. Find the cost price?
Last Answer : 25
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 : 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 : 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 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 : 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 : P sells a bike to Q at a profit of 25%. Q sells it to R at a profit of 30%.If R pays Rs.273 for it, the cost price of the bike for P is:
Last Answer : Selling price for q is Rs. 273 Cost price + profit = 273 X + 30x/100= 273 X = 210 Cost price of q is 210 Selling price of p is 210 Cost price + profit = 210 Y + 25y/100= 210 Y = 168 The cost price of p is Rs. 168/-
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 : 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 : P and Q both are dealers of cars. The price of a car is Rs 56,000. P gives a discount of 10% on whole, while Q gives a discount of 12% on the first Rs 40,000 and 8% 0n the rest Rs 16000. What is the difference between their selling prices?
Last Answer : discount offer by by P= 10 % of 56000 = Rs. 5600 total discount offer by Q= 12% of 40,000+8% of 16000 =4800+1280=Rs. 6080 required difference= 6080-5600= Rs.480
Description : Sridevi sells an article at a profit of 50%. If she had bought it at 40% less and sold it for Rs.21.50 less, She would have gained 60%. Find the cost price of the article.
Last Answer : 1st selling price=150% of x = 150x/100 = 15x/10 New Cost price=60% of x = 60x/100 = 6x/10 2nd selling price = 160% of 6x/10 = 160/100 * 6x/10 = 96x/100 Therefore 15x/10 – 96x/100 = Rs.21.50 X=Rs.39.81 Therefore cost price of the article = Rs.40 (approx.)
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 : 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 : 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 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
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 : Hytech electronics is in recession. Find the marked price is what percentage of cost price, if there may be a profit of 10% after allowing a commission of 5% to middle man?
Last Answer : Let the CP= Rs.100 Then, SP=Rs.110 MP=Rs. x Then, 95% of x= Rs 110 x= 110*100/95 = 115.7%
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 : 60% loss on cost price is what percent loss on selling price? A. 28 B. 38 % C. 40 D. 150%
Last Answer : Answer – D (150 %) Explanation – Loss = 60% on CP i.e., 0.6CP ⇒ SP = 0.4CP Loss % on SP = loss/SP x 100 = 0.6CP/0.4CP x 100 = 150%.
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
Description : Sasi is a badham merchant in kerala. He has badham in sealed wooden boxes of 15kg each. The price of the badham increases by Rs.30 per kg for every year, but at the same time, 10% of the badham are ... if he sells a sealed box after one year of storage, rather than selling it fresh ?( In Rs.)
Last Answer : Price of 1kg fresh batham= Rs.240 Therefore, price of 15kg = Rs.15*240= 3600 10% of 15kg which eaten by rodents = 10 x 15/100 = 1.5kg. So, End of Year he had 15kg - 1.5kg = 13.5kg So, ... box with badham for Rs.3600 and sell that for Rs. 3645 So, profit = 3645-3600= Rs.45 more money he get.
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 : Rohit sold his bicycle at 4 % profit. If he sold it for Rs.204 less, he would have made a 30% loss. What was his cost price(in Rs.)? a)630 b)640 c)600 d)560
Last Answer : c)600
Description : Mani went to purchase a mi mobile handset, the shopkeeper told him to pay 25% tax if he asked the bill. Mani manages to get the discount of 10% on the actual saleprice of the mobile and he paid ... to pay 25% tax on the already discounted price, what is the amount of discount that he has gotten?
Last Answer : CP = 100, SP (with tax) =125 New SP = 100 - 10 = 90 Effective discount = 125-90 = 35 So, at SP of 90 ----> discount = 35 and at SP of 3275-----> discount = 35/90*3275= Rs 1274(approx.)
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 : 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
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 %
Description : A sells an article to B at 15% profit. B sells it to C at 10% loss. If C pays Rs 517.50 for it then A purchased it at: 1. Rs 500 2. Rs 750 3. Rs 1000 4. Rs 1250
Last Answer : 1. Rs 500
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 : 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 : 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
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%
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
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.
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.
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 : 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 : A decrease of 40 % in the price of coffee enables a person to buy 8 kg more for Rs 400 find the original and reduced price per kg of coffee.
Last Answer : Price of 8kg of coffee= 40% of 400 Reduced price of 8kg=160Rs Reduced price of 1kg= 20Rs Original price= 20*100/60 = Rs 33.33
Description : Reema buys dress for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is: A. no profit, no loss B. 20% profit C. less than 20% profit D. more than 20% profit
Last Answer : Answer – D (more than 20% profit) Explanation – Let the article be worth Rs. x. C.P. = 90% of Rs. x. = Rs.(9/10)x S.P. = 110% of Rs.x = Rs.(11/10)x Gain = Rs.11/10x- 9/10x=(1/5)x gain %=(2/5x) x (10/9x) x 100 =44.44% >20%
Description : A man sells two flats for Rs. 8000 each. neither loosing nor gaining in the deal. If he sold one at a gain of 25%, the other commodity sold at a loss of: A. 50/3 % B. 18 /3% C. 25% D. 32%
Last Answer : Answer – A (50/3 %) Explanation – Total S.P = 16000 Rs. and Total C.P = 16000 Rs. S.P. of Ist = Rs. 8000. Gain on it = 25% C.P of Ist = Rs. (100/125 x 8000) = Rs.6400 C.P of 2nd = Rs, (16000 – 6400) = Rs. 9600. S.P of 2nd = 8000. ∴loss on 2nd commodity = (1600/9600 x 100)% = 50/3%
Description : A man sells two flats at the rate of Rs. 2 lakhs each. On one he gains 3% and on the other, he loses 3%. His gain or loss % in the whole transaction is A. 9% loss B. 2% loss C. 3% loss D. 25% loss
Last Answer : Answer – A (0.09% loss) Explanation – Loss% = X^2/100=(3)^2/100 % =0.09%
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
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%