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Profit after selling a commodity for Rs. 425 is the same as a loss after selling it for Rs.355. The cost of the commodity is:

A.

Rs. 385

B.

Rs. 390

C.

Rs. 395

D.

Rs. 400

Answer with explanation

Answer: Option BExplanation

: C.P = Rs. X

425 – X = X – 355 (or )

2X = 780 or X= 390

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A women goes to market with Rs.500 to buy oranges.the prices of the oranges have decreased by 10% so he could buy 2kg more with the amount she had.What was the original price of the oranges ?

A.

22.77

B.

25.77

C.

27.77

D.

29.77

Answer with explanation

Answer: Option CExplanation

If the price of the oranges decreases by 10%, the woman would save 10% of the money that is Rs.50 to buy the same amount as before. Now in Rs. 50 she can buy 2 kg more, therefore the current price of 1 kg of oranges is Rs25. Now, this current price is after a 10% reduction.

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A man sold two watches at the same price, one at 10 % profit and other at 10 % loss. Find his overall gain or loss percent.

A.

0%

B.

2%

C.

3%

D.

1%

Answer with explanation

Answer: Option DExplanation

We know that if two articles are sold at the same selling price, one at a gain of A% and one at the loss of A%,

then the seller always incurs a loss of (A / 10)^{2}.

=> Loss percent = (10 / 10)^{2} = 1 %.

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A Shopkeeper even after allowing a discount of 20% , he still gets a profit of 30% on the article. Then find mark up percent of that article ?

A.

52.5%

B.

50.3%

C.

43.2%

D.

62.5%

Answer with explanation

Answer: Option DExplanation

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A.

Rs 12000

B.

Rs 11000Rs

C.

Rs 13000

D.

Rs 14000

Answer with explanation

Answer: Option CExplanation

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A car worth Rs. 1,50,000 was sold by X to Y at 5% profit. Y sold the car back to X at 2% loss. In the entire transaction.

A.

X gained Rs. 4,350

B.

Y lost Rs. 4,350

C.

X gained Rs. 3,150

D.

X lost Rs. 3,150

Answer with explanation

Answer: Option AExplanation

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By mixing two qualities of pulses in the ratio 2: 3 and selling the mixture at the rate of Rs 22 per kilogram, a shopkeeper makes a profit of 10 %. If the cost of the smaller quantity be Rs 14 per kg, the cost per kg of the larger quantity is:

A.

22

B.

21

C.

24

D.

26

Answer with explanation

Answer: Option CExplanation

Cost Price of 5 kg = Rs.(14*2 + x*3) = (28 + 3x).

Sell price of 5 kg = Rs. (22×5) = Rs. 110.

[{110 – (28 + 3x)}/(28 + 3x) ]* 100 =10

[82-3x/28 + 3x]= 1 / 10

820 – 30x = 28 +3x

33x = 792

x = 24

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A man buys a toy for Rs. 25 and sells it for Rs. 30. Find his gain/loss percentage.

A.

10%

B.

15%

C.

20%

D.

30%

Answer with explanation

Answer: Option CExplanation

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A dishonest merchant sells his grocery using weights 15% less than the true weights and makes a profit of 20%. Find his total gain percentage.

A.

41.17%

B.

42.75%

C.

32.85%

D.

40.5%

Answer with explanation

Answer: Option AExplanation

Let us consider 1 kg of the grocery bag. Its actual weight is 85% of 1000 gm = 850 gm.

Let the cost price of each gram be Re. 1. Then the CP of each bag = Rs. 850.

SP of 1 kg of bag = 120% of the true CP

Therefore, SP = 120/100 * 1000 = Rs. 1200

Gain = 1200 – 850 = 350

Hence Gain % = 350/850 * 100 = 41.17%

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What profit percent is made by selling an article at a certain price if by selling at four-fifth of that price there may be a loss of 12 %?

A.

10 %

B.

25 %

C.

42 %

D.

20 %

Answer with explanation

Answer: Option AExplanation

Such question can be better answered by thinking in the reverse order. Let the CP = 100, there is a loss of 12% in the final case i.e. SP = 100 – 12 = Rs 88. Now this Rs. 88 is the four-fifth of the selling price as per the question. The original selling price will be 88 × 5/4 = Rs. 110. CP =100. There is a profit of Rs. 10, which is nothing but 10%, as the CP is taken to be Rs. 100

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