28
Q:

# A man bought an article and sold it at a gain of 5 %. If he had bought it at 5% less and sold it for Re 1 less, he would have made a profit of 10%. The C.P. of the article was

 A) Rs 100 B) Rs 150 C) Rs 200 D) Rs 250

Answer:   C) Rs 200

Explanation:

Let original Cost price is x
Its Selling price = (105/100) * x = 21x/20
New Cost price  = (95/100) * x  = 19x/20
New Selling price = (110/100 )* (19x/20 )= 209x/200
[(21x/20) - (209x/200)] = 1
=> x = 200

Q:

Raju sold an article by giving a discount of 8% for Rs. 17,940 and earn profit of 19.6 %. If he did not give discount then how much profit percentage he gets ?

 A) 27% B) 30% C) 32% D) 25%

Explanation:
Let the M.R.P of an article be 100 %

Selling price of article =Rs. 17940

If he give a discount of 8 % then S.P = 92 %
92 % = 17490
100 % = 19500

Now C.P of the article is

17490 x 100/119.6 = 15000

If he did not give the discount, then

Required profit percentage =

6 139
Q:

12 days payment to the servant in a cloth showroom in festival season is Rs. 400 plus one shirt. The servant leaves after 9 days and recieves Rs. 280 and a shirt. What is the price of the shirt ?

 A) Rs. 80 B) Rs. 120 C) Rs. 70 D) Rs. 100

Answer & Explanation Answer: A) Rs. 80

Explanation:

The servant worked for 9 days instead of 12 days, he should receive 9/12 of his total payment

Let the price of 1 shirt be Rs. S

i.e., 3/4 (400 + S).

However, the question states that the servant receive Rs. 280 + S where S is the price of the shirt.

By equating the two equations we get 3/4 (400 + S) = 280 + S.

Therefore, Price of the shirt S = Rs. 80.

12 194
Q:

A man sold two flats for Rs. 4.15 lakhs each. On one he gained 2% and on the other he lost 2%. What percent is the effect of the sale on the whole  ?

 A) 0.25 % B) 0.04 % C) 0.5 % D) 0 %

Answer & Explanation Answer: B) 0.04 %

Explanation:

In this type cases we always have loss only.

Loss% = $\inline \fn_jvn \left ( \frac{common gain or loss percent}{10}\right )^{2}$ = $\inline \fn_jvn \left ( \frac{2}{10}\right )^{2}$ = 1/25 = 0.04 %

7 266
Q:

The cost price of an article is 54% of the marked price. Calculate the gain percent after allowing a discount of 15%  ?

 A) 51.32 % B) 49.23 % C) 48.4 % D) 46.8 %

Answer & Explanation Answer: C) 48.4 %

Explanation:

Let marked price = Rs. 100.
Then, C.P. = RS. 54,
S.P. = Rs. 85
Gain % = 31/64 x 100 = 48.4%.

4 420
Q:

If a trader sold two cars each at Rs. 404415 and gains 15% on the first and loses 15% on the second, then his profit or loss percent on the whole is ?

 A) 1.44 % B) 2.02 % C) 1.04 % D) 2.25 %

Answer & Explanation Answer: D) 2.25 %

Explanation:

SP of each car is Rs. 404415, he gains 15% on first car and losses 15% on second car.

In this case, there will be loss and percentage of loss is given by = [(profit%)(loss%)]/100
= (15)(15)/100 % = 2.25%