96
Q:

A Shopkeeper sells two articles at Rs.1000 each, making a profit of 20% on the first article and a loss of 20% on the second article. Find the net Profit or loss that he makes? 

A) 4% B) 5%
C) 6% D) 8%

Answer:   A) 4%



Explanation:

SP of first article = Rs.1000

 

Profit = 20%

 CP = SP x 100100+P% = Rs. 25003

SP of Second Article = Rs.1000

 Loss = 20%

 CP = SP x 100100-L% = Rs. 1250

 

So, Total SP = Rs.2000; Total CP = Rs.6250/3

 

As the CP is more than SP, he makes a loss.

 

Loss = CP - SP = (6250/3) - 2000 = Rs.(250/3)

 

So, Loss Percent = Lossx100/CP = 4%

 

 

Q:

Two articles are sold for ₹ 4880, on one, the seller gained 22% and on the other, he lost 20%. What is his overall gain or loss percentage, nearest to one decimal place?

A) 3.4% loss B) 3.4% gain
C) 3.6% gain D) 3.6% loss
 
Answer & Explanation Answer: A) 3.4% loss

Explanation:
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1 584
Q:

Two articles are sold for Rs. 4,956 each. On one, the seller gains 18% and on the other he loses 16%. What is his overall gain or loss percent to nearest one decimal place?

 

A) 1.9% loss B) 1.9% gain
C) 2.1% gain D) 2.1% loss
 
Answer & Explanation Answer: A) 1.9% loss

Explanation:
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0 270
Q:

Two articles are sold for ₹975 each. On one, the seller gains 30% and on the other, he loses 25%. What is the overall gain or loss percentage, correct to one decimal place?

 

A) 4.9% loss B) 5.3% gain
C) 4.9% gain D) 5.1% loss
 
Answer & Explanation Answer: A) 4.9% loss

Explanation:
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0 1162
Q:

A person marked his goods at a price that would give him 40% profit but he declared a sale and allowed 20% discount on the marked price. What is the profit percentage of the person in the whole transaction ?

 

A) 12% B) 32%
C) 30% D) 20%
 
Answer & Explanation Answer: A) 12%

Explanation:
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0 222
Q:

A dealer sold 6 sewing machines for ₹63,000 with a profit of 5%. For how much should he sells 8 machines if he intends to earn 15% profit?

 

A) ₹88,200 B) ₹69,300
C) ₹92,000 D) ₹92,400
 
Answer & Explanation Answer: C) ₹92,000

Explanation:
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1 1382
Q:

If the difference between 62% and 80% of a number is 198, then the difference between 92% and 56% of the number will be:

 

A) 1100 B) 3564
C) 396 D) 360
 
Answer & Explanation Answer: C) 396

Explanation:
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0 160
Q:

A dealer marks an article 40% above the cost price and sells it to a customer, allowing two successive discounts of 20% and 25% on the marked price. If he suffers a loss of ₹ 140, then the cost price (in ₹) of the article is:

 

A) 900 B) 840
C) 872 D) 875
 
Answer & Explanation Answer: D) 875

Explanation:
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1 189
Q:

A dealer marks an article 40% above the cost price and sells it to a customer, allowing two successive discounts of 20% and 25% on the marked price. If he suffers a loss of ₹ 140, then the cost price (in ₹) of the article is:

 

A) 900 B) 840
C) 872 D) 875
 
Answer & Explanation Answer: D) 875

Explanation:
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1 220