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6 % more is gained by selling a coat for Rs.1425 than by selling it for Rs. 1353. The cost price of the coat is |
A) Rs. 1000
B) Rs. 1250
C) Rs. 1500
D) Rs. 1200
Correct Answer : Rs. 1200 Explanation : 6% of cost price (CP) = 1425 - 1353 = 72 |
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By selling 8 bananas, a fruit seller gains an amount equal to the selling price of 1 banana. Calculate his gain percent.? |
A) 15.28~ %
B) 14.28~ %
C) 16.28~ %
D) 17.28~ %
Correct Answer : 14.28~ % Explanation : Profit = SP - CP Let SP of 1 banana is x. Therefore %Gain = (1x*100)/7x |
By selling 27 meter cloth, a person earns selling price of 9 meter cloth as profit. Find his percentage profit.? |
A) 33%
B) 20%
C) 50%
D) 25%
Correct Answer : 50% Explanation : Profit = SP - CP Let SP of 1 meter cloth is x. Therefore %Gain = (9x*100)/18x |
If a person earns a profit of 10% by selling a car and incurs a loss of 20% while selling another car, find his overall profit or loss if the cost price of both the cars are same? |
A) 10% Loss
B) 15% Profit
C) 5% Loss
D) 10%Profit
Correct Answer : 5% Loss Explanation : Let the CPs of car is Rs.100 Loss = CP - SP = 200-190 = Rs.10 |
A trader sells his goods to a customer at a price 10% above the cost price; besides it he cheats his customer by giving 880 g only instead of 1 kg. Find his overall profit? |
A) 22%
B) 22%
C) 25%
D) 20%
Correct Answer : 25% Explanation : Let, Original CP of 1000g = Rs. 1000 Trader cheats his customer by giving 880g only instead of 1kg, Profit% = ((SP - CP)* 100)/CP |
A merchant bought 200 eggs, of which 38 got broken. He sold the remaining eggs at the rate of 4.80 per dozen and thus gained 8%. His cost price is? |
A) 120
B) 80
C) 60
D) 45
Correct Answer : 60 Explanation : Remaining eggs = 200 - 38 = 162 Profit% = ((SP - CP)* 100)/CP |
A stationer buys diaries at 75 rupees per dozen and sells them at 15 rupees per piece. What is the profit? |
A) 75
B) 100
C) 105
D) 110
Correct Answer : 105 Explanation : Profit = SP - CP (if SP > CP), |
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A trader sells two articles, one at a loss of 10% and another at a profit of 15% but finally there is no loss or gain.If the total sale price of these two articles is Rs.30,000, find the difference between there cost price? |
A) Rs.5000
B) Rs.6000
C) Rs.7500
D) None of these
Correct Answer : Rs.6000 Explanation : As given, 10 % x = 15% of y , then, x / y = 3/2 -------(1) |
By selling a cycle for 2345, a student loses 19%. His cost price is nearly ? |
A) 4000
B) 5000
C) 3000
D) 3500
Correct Answer : 3000 Explanation : Let cost price be X , Selling price = 2345 and loss = 19% |
On selling an article for Rs. 240, a trader loses 4%. In order to gain 10 % he must sell that article for |
A) Rs. 275
B) Rs. 340
C) Rs. 320
D) Rs. 264
Correct Answer : Rs. 275 Explanation : Let the CP be Rs. x , then SP be 0.96x |
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A man bought a horse and a cart. If he sold the horse at 10 % loss and the cart at 20 % gain, he would not lose anything; but if he sold the horse at 5% loss and the cart at 5% gain, he would lose Rs. 10 in the bargain. The amount paid by him was Rs._______ for the horse and Rs.________ for the cart? |
A) 400,200
B) 200,400
C) 500,300
D) 300,500
Correct Answer : 400,200 Explanation : Let x be the cost price of the horse and y be the cost price of the cart. |
If an article costs 60% of its selling price there is a profit of Rs.60. what is the selling price? |
A) Rs. 125
B) Rs. 120
C) Rs. 140
D) Rs. 150
Correct Answer : Rs. 150 Explanation : Profit = SP - CP (i.e., if SP > CP) Thus, |
An article is sold at a certain price. By selling it at 3/5 of that price one loss 10%. What is the gain percent at original price ? |
A) 33%
B) 35%
C) 40%
D) 50%
Correct Answer : 50% Explanation : Profit = SP - CP ( if SP > CP) Let the cost price is Rs 100,Thus the selling price with 10% loss = Rs 90 So the original selling price = 90 * 5/3 = Rs 150 |
Radhe Shyam purchases 11 apples for Rs. 100 and sells 10 apples for Rs. 110. How much profit/loss does he make over the two transactions? |
A) 19% Profit
B) 1.9% Loss
C) 21% Profit
D) 21% Loss
Correct Answer : 21% Profit Explanation : C.P of 1 apples = 100/11 Profit% = (Profit/C.P)*100 |
By selling a watch for Rs 4950, a shopkeeper incurs a loss of 10%. What is the cost price of the watch for the shopkeeper? |
A) Rs 5650
B) Rs 5500
C) Rs 5550
D) Rs 5450
Correct Answer : Rs 5500 Explanation : Selling price of watch, SP = 4950, Loss = 10% |
A fruit seller sells mangoes at the rate of Rs.9 per kg and thereby loses 20%. At what price per kg, he should have sold them to make a profit of 5%? |
A) Rs.11.81
B) Rs.12
C) Rs.12.25
D) Rs.12.31
Correct Answer : Rs.11.81 Explanation : 80 : 9 = 105 : x |
A shopkeeper marks his goods at such a price that he can deduct 20% for cash and yet make 20% profit. The marked price of an item which cost him 180 is? |
A) 270
B) 240
C) 245
D) 260
Correct Answer : 270 Explanation : CP = 180,Gain = 20% Let the Marked Price be x. Thus, Marked Price is 270 |