A Learning Portal from Recruitment India
A man gains 20% by selling an article for a certain price. If he sells it at double the price, the percentage of profit will be.
160%
140%
150%
130%
Answer with explanation
Answer: Option BExplanation
Let the C.P. = x,
Then S.P. = (120/100)x = 6x/5
New S.P. = 2(6x/5) = 12x/5
Profit = 12x/5 – x = 7x/5
Profit% = (Profit/C.P.) * 100
=> (7x/5) * (1/x) * 100 = 140 %
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The owner of a furniture shop charges his customer 24% more than the cost price. If a customer paid Rs. 8339 for a computer table, then what was the cost price of the computer table?
Rs. 4725
Rs. 5725
Rs. 6725
Rs. 6275
Answer with explanation
Answer: Option CExplanation
CP = SP * (100/(100 + profit%))
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Every year before the festive season,a shopkeeper increases the price of the product by 35% and then introduce two successive discount of 10% and 15% respectively.what is percentage loss and percentage gain ?
3.27 % gain
4.15 % loss
4.15 % gain
3.27 % loss
Answer with explanation
Answer: Option AExplanation
Let cp= 100,
35 % increase in sp=135
10 % discount in 135[(135*10)/100] =13.5
so 1st sp= (135-13.5)=121.5, again 15 % discount in 1st sp [(121.5*15)/100]=18.225
2nd sp=(121.5-18.225)=103.275,
so finally cp=100,sp=103.275 ,gain by 3.27%
Workspace
On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is:
55
60
55
45
Answer with explanation
Answer: Option BExplanation
(C.P. of 17 balls) – (S.P. of 17 balls) = (C.P. of 5 balls)
C.P. of 12 balls = S.P. of 17 balls = Rs.720.
Workspace
A sells an article to B at gain of 25% B sells it to C at a gain of 20% and C sells it to D at a gain 10%. If D pays Rs. 330 for it, how much did it cost to A?
Rs. 270
Rs. 290
Rs. 200
Rs. 250
Answer with explanation
Answer: Option CExplanation
First Method:
Let Cost Price for A was 100.
Then CP for B = 100 + 25% of 100 = 125.
CP for C = 125 + 20% of 125 = 150.
CP for D = 150 + 10% of 150 = 165.
But, D pay Rs. 330. Then it must be equal to
165 = 330
1 = 330/165
100 = (330 * 100)/165 = 200.
Thus, CP for A = Rs. 200.
Short-cut:
A’s CP = 330*(100/125)*(100/120)*(100/110) = Rs. 200
Workspace
A person bought an article and sold it at a loss of 10%. If he had bought it for 20% less and sold it for Rs.75 less, he could have gained 25%. What is the cost price?
200
225
250
275
Answer with explanation
Answer: Option CExplanation
CP1 = 100 SP1 = 90
CP2 = 80 SP2 = 80 * (140/100) = 112
22 —– 100
55 —– ? => Rs.250
Workspace
A person incurs a loss of 5% be selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit.
1290
1260
1230
1200
Answer with explanation
Answer: Option BExplanation
Let the new S.P be x, then
(100 – loss%) : (1st S.P.) = (100 + gain%) : (2nd S.P.)
=> x = 1260
Workspace
The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, find out the value of x
20
18
16
14
Answer with explanation
Answer: Option CExplanation
Let the Cost Price of one article = Rs. 1
CP of x articles = Rs. x
CP of 20 articles = 20
Selling price of x articles = 20
Profit = 25% [Given]
Workspace
A trader sells his goods at a discount 20%. He still makes a profit of 25%. If he sells the goods at the marked price only, his profit will be:
49.25%
54.25%
56.25%
25.56%
Answer with explanation
Answer: Option CExplanation
Let the marked price = Rs. 100.
Then, SP = 100 – 20% of 100 = Rs. 80
Profit = 25%.
Let His CP = X.
SP = 80
X + 25% of X = 80
Hence, X = Rs. (100*80)/125 = Rs. 64.
CP = Rs. 64.
Profit after selling on marked price = 100-64 = Rs. 36
% gain = 36*100/64 = 56.25%.
Workspace
In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?
100%
70%
50%
20%
Answer with explanation
Answer: Option BExplanation
Workspace
A person sells 320 mangoes at the cost price of 400 mangoes. What is his profit percent?
15%
25%
10%
20%
Answer with explanation
Answer: Option BExplanation
Let cost price of 400 mangoes = Rs. 400
Thus, selling price of 320 mangoes = Rs. 400
Cost price of 320 mangoes = Rs. 320
Profit percent = [(400 – 320) /320 ] * 100
= [80 / 320] * 100
= 25%
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