1.
Praveen purchases toffees at Rs. 10 per dozen and sells then at Rs. 12 for every 10 toffees: Find the gain(or) loss percentage.
- A.52
- C.41
- B.36
- D.44
- Answer & Explanation
- Report
Answer : [D]
Explanation :
Explanation :
| Cost Price = Rs. 10/12, Selling Price = Rs. 12/10 | ||||||||||
|
||||||||||
| So, profit percentage = 44 per cent | ||||||||||
| Alternative method: | ||||||||||
| Assume that he buys 120 toffees. | ||||||||||
| Praveen spends Rs. 100 |
||||||||||
| Revenue generated = Rs. 144 |
||||||||||
| Hence, profit percentage = 44 per cent | ||||||||||
2.
A trader purchased 15 articles. He sold some of them to a first customer at a gain of 4% and the remaining to another customer at a gain of 7%. If he gains 5% on the whole, how many articles did he sell to first customer?
- A.7
- C.10
- B.9
- D.13
- Answer & Explanation
- Report
Answer : [C]
Explanation :
Explanation :
| Let the trader have sold x articles to the first customer at 4% gain. | |||||
|
|||||
|
|||||
|
|||||
3.
A manufacturer sells an article to a wholesale dealer at a profit of 20% and the wholesale dealer sells it to a retail merchant at a loss of 5%. Find the resultant profit or loss.
- A.14% loss
- C.12% gain
- B.14% gain
- D.None of these
- Answer & Explanation
- Report
Answer : [B]
Explanation :
Explanation :
| Here, m = -20, n = -5 | ||||||||||||||
|
||||||||||||||
|
||||||||||||||
|
||||||||||||||
4.
Mr. Krishnan purchases eggs at the rate of Rs. 100 per gross and sells them at the rate of Rs. 75 per hundred. What is his profit percentage?
- A.4%
- C.1.8%
- B.3.5
- D.2
- Answer & Explanation
- Report
Answer : [D]
Explanation :
Explanation :
| Cost Price = Rs. 100 for 144 = Rs. (100/144) per egg | ||||||||||||
| Selling Price = Rs. 75 for 100 = Rs. (75/100) each. | ||||||||||||
|
||||||||||||
| Hence, Profit percentage = 8% | ||||||||||||
| This is also a fast approach to solving these problems. | ||||||||||||
| Say if the SP is 0.98 times CP it implies that the loss is 2% | ||||||||||||
5.
A machine is sold at a profit of 10%. Had it been sold for Rs 40 less, there would have been a loss of 10%. What was the cost price?
- A.Rs 175
- C.Rs 225
- B.Rs 200
- D.Rs 250
- Answer & Explanation
- Report
Answer : [B]
Explanation :
Explanation :
| Let the C.P. be Rs k | ||||||||||||
|
||||||||||||
|
||||||||||||
|
||||||||||||
|
||||||||||||
|
||||||||||||
|
|
||||||||||||||||||||||||||||
