21) Sahil purchased a machine at Rs 10000, then got it repaired at Rs 5000, then gave its transportation charges Rs 1000. Then he sold it with 50% of profit. At what price he actually sold
- 1) Rs. 22000
- 2) Rs. 24000
- 3) Rs. 26000
- 4) Rs. 28000
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View Explanation
Ans. B
Explanation :
Question seems a bit tricky, but it is very simple.
Just calculate all Cost price, then get 150% of CP.
C.P. = 10000 + 5000 + 1000 = 16000
150% of 16000 = 150/100 * 16000 = 24000
22) A shopkeeper expects a gain of 45/2 % on his C.P. If his sale was Rs. 392, then find his prof
- 1) Rs. 70
- 2) Rs. 72
- 3) Rs. 74
- 4) Rs. 76
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View Explanation
Ans. B
Explanation :
We Know,
\begin{aligned}
S.P. = \left( \frac{100+gain\%}{100} * C.P \right)\\
=> C.P. = \frac{100}{122.50}* 392 \ = 320 \
Profit = 392 -320 = Rs 72
\end{aligned}
23) A plot is sold for Rs. 18,700 with a loss of 15%. At what price it should be sold to get profit of 1
- 1) Rs 25300
- 2) Rs 22300
- 3) Rs 24300
- 4) Rs 21300
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View Explanation
Ans. A
Explanation :
This type of question can be easily and quickly solved as following:
Let at Rs x it can earn 15% pr0fit
85:18700 = 115:x [as, loss = 100 -15, Profit = 100 +15]
x = (18700*115)/85
= Rs.25300
24) A man buys an article for Rs. 27.50 and sells it for Rs 28.60. Find his gain perce
View Answer
View Explanation
Ans. D
Explanation :
So we have C.P. = 27.50
S.P. = 28.60
Gain = 28.60 - 27.50 = Rs. 1.10
\begin{aligned}
Gain\% = \left( \frac{Gain}{Cost} * 100 \right)\% \= \left( \frac{1.10}{27.50} * 100 \right)\% = 4\%
\end{aligned}
25) A TV is purchased at Rs. 5000 and sold at Rs. 4000, find the lost percent
- 1) 10%
- 2) 20%
- 3) 25%
- 4) 28%
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View Explanation
Ans. B
Explanation :
We know, C.P. = 5000
S.P. = 4000
Loss = 5000 - 4000 = 1000
\begin{aligned}
Loss\% = \left( \frac{Loss}{Cost} * 100 \right)\% \\
= \left( \frac{1000}{5000} * 100 \right)\% = 20\%
\end{aligned}
26) In terms of percentage profit, which among following the best transactio
- 1) C.P. 36, Profit 17
- 2) C.P. 50, Profit 24
- 3) C.P. 40, Profit 19
- 4) C.P. 60, Profit 29
View Answer
View Explanation
Ans. D
Explanation :
Hint: Calculate profit percent as
Profit% = (profit/cost) * 100
27) 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% profi
- 1) Rs.1200
- 2) Rs.1230
- 3) Rs.1260
- 4) Rs.1290
View Answer
View Explanation
Ans. C
Explanation :
Let the new S.P. be x, then.
(100 - loss%):(1st S.P.) = (100 + gain%):(2nd S.P.)
\begin{aligned}
=>\left( \frac{95}{1140} = \frac{105}{x} \right) \
=> x = 1260
\end{aligned}
28) A book was sold for Rs 27.50 with a profit of 10%. If it were sold for Rs. 25.75, then would have been percentage of profit and loss
- 1) 2% Profit
- 2) 3% Profit
- 3) 2% Loss
- 4) 3% Loss
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View Explanation
Ans. B
Explanation :
Please remember
\begin{aligned}
S.P. = \left( \frac{100+gain\%}{100} * C.P \right)\ \text{So, C.P. = }\left( \frac{100}{110} * 25.75 \right)\\text{When S.P. = 25.75 then } \Profit = 25.75 - 25 = Re. 0.75 \
Profit\% = \frac{0.75}{25} * 100 = 3\%
\end{aligned}
29) Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent
- 1) \begin{aligned} \frac{6}{19}\% \end{aligned}
- 2) \begin{aligned} \frac{6}{17}\% \end{aligned}
- 3) \begin{aligned} 5\frac{5}{11}\% \end{aligned}
- 4) \begin{aligned} 3\frac{5}{11}\% \end{aligned}
View Answer
View Explanation
Ans. C
Explanation :
Whenever we get this type of question, we should have formula in mind that,
Gain% = (gain/cost)*100
Cost = 4700 + 800 = Rs. 5500
S.P. = Rs. 5800
Profit = 5800 - 5500 = 300
\begin{aligned}
Gain\% = \frac{300}{5500}*100 \= 5\frac{5}{11}\%
\end{aligned}
30) If the cost price is 25% of selling price. Then what is the profit percen
- 1) 150%
- 2) 200%
- 3) 300%
- 4) 350%
View Answer
View Explanation
Ans. C
Explanation :
Let the S.P = 100
then C.P. = 25
Profit = 75
Profit% = 75/25 * 100 = 3005