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11.
400 mangoes were bought at Rs 1,250 per hundred and were sold at a profit of Rs 1,000. Find the selling price per dozen.
  • A.
    165
  • C.
    180
  • B.
    158
  • D.
    160
  • Answer & Explanation
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Answer : [C]
Explanation :
Profit for 400 mangoes = Rs 1000
 
  Profit for 100 mangoes = Rs 250
 
  SP for 100 amngoes = 1250 + 250 = Rs 1500
 
  SP per dozen =
1500
100
 x 12 = Rs 180    
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12.
The amount of wheat at the rate of Rs 610 per quintal which should be added to 126 quintals of wheat costing Rs 285 per quintal so that 20% may be gained by selling the mixture at Rs 480 per quintal will be
  • A.
    38 quintal
  • C.
    69 quintal
  • B.
    49 quintal
  • D.
    None of these
  • Answer & Explanation
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Answer : [C]
Explanation :
We have C.P. of mixture =
100
100 + %profit
 x S.P.  
100
120
 x 480 = 400  
Quantity of chapter/Quantity of dearer = (610 – 400)(400 – 285) = 42 : 23
If cheaper wheat is 42 quintal, dearer one = 23 quintal
 
  If cheaper wheat is 126 quintal, dearer one = 23/42 x 126 = 69 quintal  
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13.
A trader makes a profit of 25% after allowing a discount of 25%. If he instead allows a discount of 28%, then what would be the profit percentage?
  • A.
    6%
  • C.
    16%
  • B.
    18%
  • D.
    20%
  • Answer & Explanation
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Answer : [D]
Explanation :
Let the cost price be Rs 100.
then S.P. = 125 then MP = 125 x
100
75
=
500
3
 
After a discount of 28% =
500
3
x
72
100
 = 120
 
  The percentage of profit after 28% discount is 20%  
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14.
My friend collects antique stamps. She purchased two, but found that she needed to raise money urgently. So she sold them for 8,000 each. One one she made 20% and one the other she lost 20%. How much did she gain or lose in the entire transaction?
  • A.
    No loss/profit
  • C.
    Rs. 667 profit
  • B.
    Rs. 667 loss
  • D.
    None of these
  • Answer & Explanation
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Answer : [B]
Explanation :
C.P. of one stamp =
8000 x 100
100 + 20
   
8000 x 100
120
=
20000
3
   
C.P. of another stamp =
8000 x 100
100 - 20
   
8000 x 100
80
 = 10,000  
 
  C.P. of both the stamps =
50000
3
   
  S.P. of both the stamps = 16,000
 
  Loss =
2000
3
 = Rs 666.67 = Rs 667  
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15.
Sathish has 12 eggs with him. He sells x at a profit of 10 per cent and remaining at a loss of 10 per cent. He gains 5 per cent on the whole. What is the value of x?
  • A.
    5
  • C.
    6
  • B.
    9
  • D.
    8
  • Answer & Explanation
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Answer : [B]
Explanation :
Let each egg costs Rs. 10.
Then the overall profit = Rs. 6.
If x eggs are sold at a profit of 10%, then (12 – x) are sold at a loss of 10 per cent.
Hence total revenue =x(11) + (12-x)9 = 2x + 108 = Rs. 126
So, 2x = 18 and x = 9
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