1.
The cost price of 20 apples is same as selling price of 16 apples. Calculate the profit %age.
Correct Answer:
1
Description:
Profit % = [(20 – 16)/16] x 100 = 25 %
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2.
A table is sold at a profit of 13 %. If it is sold for Rs 25 more, then profit becomes 18 %. Find the cost price of the table.
Correct Answer:
2
Description:
Let C.P. of the table be = x; (113 x /100) + 25 = (118 x / 100); 25 = (118 x / 100) - (113 x /100) ; x = Rs 500/-
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3.
By selling an article for Rs 480/-, a man suffers a loss of 20%. At what price he should sell the article to earn a profit of 20%?
Correct Answer:
3
Description:
CP = (100/80) * 480 = Rs 200/- Required SP = (120/100) * 600 = Rs 720/-
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4.
Aman sells a toy to Ritu at a profit of 10%. After some days, Ritu sells it to Gita at a profit of 20%. If Gita pays Rs 264/- for it, how much did Aman pay for it?
Correct Answer:
1
Description:
(CP * 110 /100) * (120/100) = 264; CP = Rs 200/-
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5.
A salesman sold half of his cloth at 20% profit, half of the remaining cloth at 20 % loss and the rest was sold at his cost price. Find the net profit or loss on the whole trade.
Correct Answer:
4
Description:
Let the CP = Rs 100/- Total SP = (50 * 120/100) + (25*80/100) + (25) = Rs 105/- Net Profit % = 5 %
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