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Murali purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. Find out his profit percentage.

A.

3.5%

B.

5.6%

C.

4.1%

D.

3.4%

Answer with explanation

Answer: Option BExplanation

Given, 1dz=Rs 375

Therefore, 20 dz= 20 * 375= Rs 7500———(CP)

Now, each toy is sold for Rs 33

1 dz = 12 toys

Then, 20 dz= 20*12=240 toys

So, total SP, 240*33= Rs 7920————–(SP)

Now, Profit % (P%)= [P/CP] *100

[(SP-CP)/CP] *100

[(7920-7500)/7500] *100

(420/100)*100

=5.6% profit

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An article is sold at a loss of 10%. Had it been sold for Rs. 9 more, there would have been a gain of 25/2% on it. The cost price of the article is :

A.

Rs. 40

B.

Rs. 45

C.

Rs. 50

D.

Rs. 35

Answer with explanation

Answer: Option AExplanation

Let the cost price of the article = Rs. x

S.P. at 10% loss = Rs 0.9x

According to question if it is sold by Rs 9 more there will be gain of 25/2 %

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If an article is sold for Rs. 178 at a loss of 11%, what should be its selling price in order to earn a profit of 11%?

A.

Rs. 222.50

B.

Rs. 267

C.

Rs. 222

D.

Rs. 220

Answer with explanation

Answer: Option CExplanation

The article is sold at 11% loss.

89% of CP = Rs. 178

=> CP = (178 x 100)/89 = Rs. 200

To gain 11%, S.P. = 111% of Rs. 200 = 111/100 x 200 = Rs. 222

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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 CExplanation

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The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:

A.

15

B.

16

C.

18

D.

25

Answer with explanation

Answer: Option BExplanation

Let C.P. of each article be Re. 1 C.P. of *x* articles = Rs. *x*.

S.P. of *x* articles = Rs. 20.

Profit = Rs. (20 – *x*).

20 – x |
x 100 = 25 | |||

x |

2000 – 100*x* = 25*x*

125*x* = 2000

*x* = 16.

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At what profit percent must an article be sold so that by selling at half the price, there may be a loss of 30%?

A.

42%

B.

40%

C.

36%

D.

25%

Answer with explanation

Answer: Option BExplanation

Let the CP of the article be Rs 100

By selling it at half of its SP , the loss is 30% i.e half of the selling price should be Rs 70

So the Actual SP will be Rs 70 x 2 = Rs 140

Hence the profit is Rs 40 i.e 40%

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Samarth bought 80 baskets of mangoes at Rs. 80 per basket. Additional expenses were, Rs. 300 for transportation and Rs. 150 for preservation. What would be selling price per basket, if a profit of 10% is expected?

A.

Rs. 182.38

B.

Rs. 94.2

C.

Rs. 208.38

D.

None of these

Answer with explanation

Answer: Option BExplanation

Cost of mangoes = 80 X 80 = Rs. 6400

Total expenditure = 6400 + 300 + 150 = Rs. 6850

Cost per basket for 10% profit corresponds to = (110/100)*(6850/80) = Rs. 94.2

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A.

Rs. 3000 and Rs1000

B.

Rs. 2500 and Rs1500

C.

Rs. 1500 each

D.

Rs. 2000 each

Answer with explanation

Answer: Option DExplanation

Gurmeet’s profit share in 1 year = 12 x 100 = Rs. 1200

Nayal’s interest = (10000 x 5 x 1)/100 = Rs. 500

Gurmeet’s interest = (4000 x 5 x 1)/100 = Rs. 200

Total profit of Nayal and Gurmeet = (1200 + 500 + 200) = Rs. 1900

Remaining profit = 4000 – 1900 = Rs. 2100

So, Ratio of their capital = 10000 : 4000 = 10 : 4 = 5 : 2

So, Nayal’s share in remaining profit = 5/7 x 2100 = Rs. 1500

And, Gurmeet’s share in remaining profit = 2/7 x 2100 = Rs. 600

Thus, total profit of Nayal = (1500 + 500) = Rs. 2000

And total profit of Gurmeet = (600 + 1200 + 200) = Rs. 2000

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A.

Rs 210000

B.

Rs 211000

C.

Rs 215000

D.

Rs 250000

Answer with explanation

Answer: Option AExplanation

Profit of SD solutions = 0.35*80 = Rs 28 lakhs

Profit shared to employees = 28*1/4 = Rs 7 lakhs

Profit left = Rs 21 lakhs

Profit Kickhead Solutions will get = 21*8/80 = Rs 2.1 lakhs

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A publisher printed 2000 copies of a book at a cost of Rs. 70,000. He distributes 400 copies free as specimen copies. He gave 30% discount on printed price and the printed price of each book is Rs. 75. What is his gain or loss percentage ?

A.

20% gain

B.

20% loss

C.

10% loss

D.

10% gain

Answer with explanation

Answer: Option AExplanation

According to the question,

C.P of a book = 70000/(2000 – 400) = Rs. 43.75

So, S.P of a book = 75 * (1 – 30/100) = Rs. 52.5

So, gain % = (52.5 – 43.75)/43.75 * 100 = 20% gain

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The profit (in Rs.) after selling an article for Rs.524 is the same as the loss (in Rs.) after selling it for Rs.452. The cost price of the article is:

A.

Rs 524

B.

Rs 485

C.

Rs 488

D.

Rs 500

Answer with explanation

Answer: Option CExplanation

Let x be the cost price of the article.

Then from the question

524 – x = x – 452

Or, 2x = 524 + 452

Or, x = 976/2 = Rs. 488

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A watch is listed for Rs.230 and is sold at a discount of 12%, then the sale price of the watch is

A.

Rs.206

B.

Rs.276

C.

Rs.202.4

D.

Rs.257.6

Answer with explanation

Answer: Option CExplanation

According to the question,

Sale price = 230 * (100 – 12)/100 = Rs. 202.4

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