A shopkeeper sold certain articles. Cost price of each article and the number of articles sold are given below. Calculate the cost of libing index for

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A shopkeeper sold certain articles. Cost price of each article and the number of articles sold are ... taking 1999 as the base year (approximately).

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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 : 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 sale price of an article including the sale tax is Rs. 616. The rate of sale tax is 10% . If the shopkeeper has made a profit of 12%, the cost price of the article is [The Pearson Guide book] A. Rs 500 B. Rs 515 C. Rs 550 D. Rs 600

Last Answer : Answer – A. Rs 500 Explanation – 110% of S.P. = 616 = S.P. = Rs.(616 x 100/110) = Rs.560. C.P. = Rs (100/112 x 560) = Rs 500

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 shopkeeper bought 30 kg of wheat at the rate of Rs 45 per Kg. He sold 40% of the total quantity at the rate of Rs 50 per Kg. Approximately, at what price per Kg should he sell the remaining quantity to make 25 per cent overall profit? 1. Rs 54 2. Rs 52 3. Rs 50 4. Rs 60

Last Answer : 4. Rs 60

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 : Which of the following are the basic rules of APA style of referencing format? (a) Italicize titles of shorter works such as journal articles or essays (b) Invert authors' names (last name first) (c) Italicize titles of longer works such ... c) and (d) (C) (c) and (d) (D) (a), (b), (c) and (d)

Last Answer : Answer: B

Description : By selling a telephone for Rs. 2400, a shopkeeper make a profit of 25%. Then, his profit percentage, if he had sold it for Rs. 2016, is ? (a) 10% (b) 6.25% (c) 6.5% (d) 5% (e) 12%

Last Answer : (d) 5%

Description : When a article is sold for Rs.3400, there is a loss of 2%. What is the cost price of the commodity? A. Rs 3500.50 B. Rs 3200 C. Rs 3400.56 D. Rs 3469.34

Last Answer : Answer – D. Rs 3469.34 Explanation – loss=2% so, 98%………….3400 100%………..? ?=(3400×100)/98=3469.34

Description : Amit sold an article for Rs 630 and earned a profit of 20%. Find the cost price for Amit. 1. Rs 555 2. Rs 535 3. Rs 552 4. Rs 525

Last Answer : 4. Rs 525

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 : 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 shopkeeper declares that he sells rice at the cost price. However he uses a weight of 425 grams. Instead of 500 grams, what is his percentage of profit? a) a) 16 5/6 b) 15 c) c) 20 7/23 d) 25 e) None of these

Last Answer : % profit = Loss/Actual Weight x 100 = 500 – 425/500 × 100 = 75/500 x 100 = 15% Answer: b)

Description : During the second week of the months of February and August of each year, an enumeration Is made daily of the number of a) Ordinary UR article of letter mail given out for deliver y by all ... articles of the letter mail, and unregistered parcel given out for deliver y by all post offices .

Last Answer : d) Ordinary un registered articles of the letter mail, and unregistered parcel given out for deliver y by all post offices

Description : The manufacturing cost of 10 articles is Rs. 150 Tax on each article is `6%` of the manufacturing cost. Transportation cost comes to Re. 1 per article

Last Answer : The manufacturing cost of 10 articles is Rs. 150 Tax on each article is `6%` of the ... is the total cost more than the manufacturing cost ?

Description : Insurance is compulsory, if the article contains a) Gold coins or bullion, currency notes & any other valuable articles b) VP articles below the value of Rs 600/- c) Containing lorry receipts d) All parcels exceeding 4 KG in weight

Last Answer : a) Gold coins or bullion, currency notes & any other valuable articles

Description : A shopkeeper gives 12% additional discount on the discounted price, after giving an initial discount of 20% on the labeled price of a mobile. If the final sale price of the mobile is 704. then what is its labelled price? A. Rs 844 B. Rs 920 C. Rs 1000 D. Rs 1100

Last Answer : Answer – C. Rs 1000 Explanation – Let the labeled price be Rs. x 88% of 80% of x = 704 => x = (704 x 100 x 100/88 x 80)= 1000.

Description : Harshika wants to purchase a mobile handset. The shopkeepers told her to pay 30% tax if she asked for the actual sale price (without tax) of the mobile and paid to the shopkeeper Rs. 16150. In the doing so, she managed to avoid ... tax)? 1. Rs. 5495 2. Rs. 5850 3. Rs. 5950 4. Rs. 5685 5. Rs. 5975

Last Answer : 3; SP = 100, SP (with tax) = 130 New SP = 100 - 5 = 95 Effective discount = 130 - 95 = 35 So, when SP of 95, discount = 35 And when SP of Rs. 16,150, discount = 35/95x16150 = Rs. 5950

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 : 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 : After selling a fan at 6% gain and a fridge at 9% gain, a shopkeeper gains Rs 5100. But if he sells the fan at 9% gain and the fridge at 6% loss, he gains Rs 1800 on the whole transaction. Find the original price of the fan.

Last Answer : let the price of fan be X and fridge be Y 6x/100+9y/100 = 5100 6x+9y=510000------(1) then 9x/100-6y/100=1800 9x-6y=180000-------(2) Calculate both, the we will get x=Rs40000

Description : The Shopkeeper increased the price of a product by 75% so that customer finds it difficult to purchase the required amount. But somehow the customer managed to purchase only 140% of the required amount. What is the net difference in the ... on that product? a) 12.5 b) 26.0 c) 13.5 d) 17.5 e) 19.8

Last Answer : Answer: D  Quantity×Rate=Price  1x1=1  1.4x1.75=2.45  Decrease in price = (0.175/1) × 100  = 17.5%

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Description : Vaishnavi purchased 35kg of wheat at the rate of Rs.19.50 per kg and another 35kg of wheat at a certain rate. She mixed the two and sold the entire quantity at the rate of the Rs.21.25 per kg and made 20%. Overall profit at what price per kg did she purchase the lot of another 35kg wheat?

Last Answer : Let the required price per kg be Rs'X'  Then cost price of 70 kg wheat = Rs(35 * 19.50 + 35 * X)  = Rs (682.5 + 35X)  Selling price of 70kg wheat = Rs (70 * 21.25)  = Rs.1487.5 Total cost ... 100/120=1239.58 35x= 1239.58-682.5=557.08 X=15.91 So the cost price of second lot is Rs15.91 per kg

Description : Final duties of the HAS before quitting office a) Should carefully examine each sorting compartment to see that no article are left in it unsorted b) The sweeping, used labels, broken seal etc are ... stationary, stamps, seals and books etc are carefully placed in the portfolio. d) All the above

Last Answer : d) All the above

Description : The instances in which name & address of sender to be given on outside cover of postal article. a) Insured articles b) VP article c) A foreign regd letter with AD d) All the above

Last Answer : d) All the above

Description : On selling three articles at the cost of four article, there will be profit of (1) 25% (2) 100/3 % (3) 75/2% (4) 40%

Last Answer : (2) 100/3 %

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 : A physical count of inventory is taken at the end of an accounting period under a periodic system in order to a. verify the accuracy of the accounting records. b. determine cost of goods ... period. c. determine the amount of inventory purchased during the period. d. calculate property taxes.

Last Answer : b. determine cost of goods sold for the period.

Description : A physical count of inventory is taken at the end of an accounting period under a perpetual system in order to a. verify the accuracy of the accounting records. b. determine cost of ... period. c. determine the amount of inventory purchased during the period. d. calculate property taxes.

Last Answer : a. verify the accuracy of the accounting records.

Description : A shopkeeper sells two watches for Rs 308 each. On one watch he earns 12% profit and on the others he suffers 12% loss. His profit or loss in the entire transaction was: 1. 1(11/25)% loss 2. 1(11/25)% gain 3. 3(2/25)% loss 4. 3(2/25)% gain

Last Answer : 3. 3(2/25)% loss

Description : .A shopkeeper sells two watches for Rs 308 each. On one watch he earns 12% profit and on the others he suffers 12% loss. His profit or loss in the entire transaction was: 1. 1(11/25)% loss 2. 1(11/25)% gain 3. 3(2/25)% loss 4. 3(2/25)% gain

Last Answer : . 3(2/25)% loss

Description : A shopkeeper has 2 cans of milk. The first contains 30% water and the rest milk. The second contains 50% water. How much milk should he mix from each of the cans so as to get 12 litres of milk such that the ratio of water to milk ... 7 lit. 2) 9 lit, 3 lit. 3) 7.5 lit, 4.5 lit. 4) 4 lit, 8 lit.

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Description : What is the wholesale cost of a dress? a. The dress was listed at a price that would have given the store a profit of 20 percent of the wholesale cost. b. After as 10% discount on the list price ... question. e) If the data in statement a, b and c together are not sufficient to answer the question.

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Description : A person sold an item for Rs. 14280 after giving 15% discount on the labelled price and earned 19% profit on the cost price. What would have been the percentage profit, had he not given the discount? a) 30% b) 34% c) 40% d) 42.5% e) None of these

Last Answer : Labelled price = [(14280×100)/85] = Rs. 16800 Or, 23X/120 = 69/5 Or, X= [(69×120)/(23×5)] = 72km. Answer is: c)

Description : Ali buys a glass, a pencil box and a cup and pays Rs. 21 to the shopkeeper. Rakesh buys a cup, two pencil boxes and a glass and pays Rs. 28 to the shopkeeper. Preeti buys two glasses, a cup and two pencil boxes and pays Rs ... The cost of 10 cups will be (A) Rs. 40 (B) Rs. 60 (C) Rs. 80 (D) Rs. 70 

Last Answer : Answer: D

Description : By mixing two brands of dal and selling the mixture at the rate of Rs.354 per kg a shopkeeper makes a profit of 36%. If to every 4 kg of one brand costing Rs.400 per kg, 6kg of other brand is added. Then how much per kg does the other brand cost?

Last Answer : Let the cost price of other brand be Rs x' per kg  cost price of 10 kg = Rs (4 * 400 + 6 * x)  = Rs (1600 +6x)  Selling price of 10 kg = Rs (10 * 354 )  = Rs.3540  Therefore 3540 -(1600 + 6x)/ ... 6x/1600 + 6x = 0.36  1940 - 6x = 576 + 2.16x  x=167.15  so the cost of other brand = Rs.167.15

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Last Answer : A)cost comparison indicator.

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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

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