16
Q:

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.

A) Rs.1200 B) Rs.1230
C) Rs.1260 D) Rs.1290

Answer:   C) Rs.1260



Explanation:

Let the new S.P be x, then
(100 - loss%) : (1st S.P.) = (100 + gain%) : (2nd S.P.)

\inline \fn_jvn {\color{Black} \Rightarrow (\frac{95}{1140}=\frac{105}{x})}

\inline \fn_jvn {\color{Black} \Rightarrow x=1260}

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%.

Report Error

View Answer Workspace Report Error Discuss

4 58
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%
Report Error

View Answer Workspace Report Error Discuss

1 36
Q:

What profit percent is made by selling an article at a certain price, if by selling at 2/3rd of that price, there would be a loss of 20%   ?

A) 30 % B) 25 %
C) 15 % D) 20 %
 
Answer & Explanation Answer: D) 20 %

Explanation:

SP2 = 2/3 SP1
CP = 100
SP2 = 80
2/3 SP1 = 80

SP1 = 120
100 --- 20   => 20%

Report Error

View Answer Workspace Report Error Discuss

4 139
Q:

A person sold two cows each for Rs.9900. If he gained 10% on one and lost 20% on the other, then which of the following is true ?

A) He lost Rs. 200 B) He gained Rs. 200
C) Neither he gained nor lost D) None of the above
 
Answer & Explanation Answer: D) None of the above

Explanation:

In first he got Rs. 990

But in second he lost Rs. 1980

So he lost Rs. 990.

Report Error

View Answer Workspace Report Error Discuss

2 117
Q:

The profit earned by selling an article for Rs. 832 is equal to the loss incurred when the same article is sold for Rs. 448. What should be the sale price for making 50% profit ?

A) Rs. 660 B) Rs. 560
C) Rs. 1060 D) Rs. 960
 
Answer & Explanation Answer: D) Rs. 960

Explanation:

Let C.P. = Rs. C.
Then, 832 - C = C - 448
2C = 1280 => C = 640
Required S.P. = 150% of Rs. 640 = 150/100 x 640 = Rs. 960.

Report Error

View Answer Workspace Report Error Discuss

2 147