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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 |

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 |

A dealer buys an article marked at 40000 with 20% and 10% off. He spends 1200 on its repairs and sells it for 30000. What is his gain or loss per cent? |

A) 10% gain
B) 10% loss
C) no profit no loss
D) None of the above
Correct Answer :no profit no loss Explanation :CP = (80% of 90% of 40000) + (1200) |

Successive discount of 10% and 10% are equivalent to a single discount of ? |

A) 19%
B) 21%
C) 21%
D) 18%
Correct Answer :19% Explanation :Let the CP be 100. Then, Single discount = (100-81)% = 19% |

Gourav bought a scooter for 45000 rupees. If the shopkeeper has given him a discount of 10%, what was the marked price of the scooter? |

A) 50000
B) 55000
C) 65000
D) 60000
Correct Answer :50000 Explanation :Let marked price was X. then |

A cycle dealer sells a bicycle at a gain of 8%. Had he sold it for Rs. 75 less, he would have lost 2%. What is the cost price of the bicycle? |

A) Rs. 850
B) Rs. 350
C) Rs. 750
D) Rs. 450
Correct Answer :Rs. 750 Explanation :Let x be the cost price if he had sold it at Rs 75 less, he would have lost 2% i.e. Cost price X= Rs 750 |

By selling 90 ball pens for Rs. 160, a person loses 20%. How many ball pens should be sold at Rs. 96 so as to have 20% profit? |

A) 36
B) 37
C) 46
D) 47
Correct Answer :36 Explanation :sp of 90 ball pens = rs 160 =20% loss let X ball pens are sold to earn20% profit hence X*(20/9)=96*100 / (100+20) = 80 So, 36 ball pens should be sold for rs 96 to earn profit of 20% |