7
Q:

A shopkeeper sold a mobile phone for Rs. 12000. Had he offered discount of 10% on the selling price, there would be a loss of 4%. What is the cost price of that Mobile phone?

A) Rs. 12,500 B) Rs. 11,250
C) Rs. 12,750 D) Rs. 11,680

Answer:   B) Rs. 11,250



Explanation:

Given that SP = Rs. 12000 - 10%  = Rs. 10,800

Loss% = 4

We know that, C.P = 100/(100 - Loss%) x 100

=> 100/100-4 x 10800

=> 1080000/96

C.P = Rs. 11,250

Q:

Selling price of a cellphone is increased by 20%. For this sale is decreased by 30%. Find the effect of total sales?

A) 16% B) 14.5%
C) 12% D) 10.5%
 
Answer & Explanation Answer: A) 16%

Explanation:

Let cost of each cell phone = Rs.100 & Sale = 100 phones.

Money receipt = Rs.(100 x 100) = Rs.10,000

New cost per cellphone = Rs.120 and New sale = 70 phones

New Money Receipt = Rs.(70 x 120) = Rs.8400

Then the effect of sales = decrease in money receipt = 

160010000 x 100 = 16%.

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3 86
Q:

'X' sells fruits at 21% profit. If X bought it for 9% less and sold it for Rs.29 less, he would have gained 25%. The cost price of fruits is?

A) Rs. 400 B) Rs. 420
C) Rs. 460 D) Rs. 480
 
Answer & Explanation Answer: A) Rs. 400

Explanation:

Let the cost price of the fruits be 'C.P'

From the given data, after analysis it can be solved as

(121% of C.P) - (125% of 91% of C.P) = 29

121100 C.P  -  125100  x 91100 x C.P = 29121100 - 125 x 91100 x 100 C.P = 29(12100 - 125 x 91) C.P = 290000(12100 - 11375) C.P = 290000725 C.P = 290000C.P = 400

 

Hence, the cost price of the fruits = Rs. 400.

 

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7 784
Q:

Anil purchases two books for Rs.100. He sells first at loss of 5% and second al 20% profit. If he gets Overall profit of 5% then what is cost of first book?

A) 58 B) 60
C) 55 D) 45
 
Answer & Explanation Answer: B) 60

Explanation:

-5-----------------------5-------------------20

5-(-5) = 10

20-5= 15

Ratio of cost price of book1 and book2 = 3:2 

Then cost price of book 1 is given by

(3/5) x 100 = Rs. 60.

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14 1109
Q:

A shop keeper sells an article at a loss of 8%, but when he increases the selling price of the article by Rs. 164 he earns a profit of 2.25% on the cost price. If he sells the same article at Rs. 1760, what is his profit percentage?

A) 2.5% B) 5%
C) 10% D) 7.5%
 
Answer & Explanation Answer: C) 10%

Explanation:

According to the given data,

Let Cost price of the article be 'cp'

Then,

102.25 cp - 92 cp = 164 x 100

10.25 cp = 16400

cp = 1600

Now, if he sells at Rs. 1760

Profit = 1760 - 1600 = 160

 

Profit% = 160/1600 x 100 = 10%.

 

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6 832
Q:

An item is sold at a loss of 10%. Had it sold for Rs. 9 more, a profit of 25/2% would have gained. What is the cost price of the item?

A) Rs. 90 B) Rs. 75
C) Rs. 55 D) Rs. 40
 
Answer & Explanation Answer: D) Rs. 40

Explanation:

Let the cost price of the item = Rs. 50

Sold at 10% loss => for Rs. 50 loss  S.P = Rs. 45

From the  given data,

25/2 % gain if it is sold at Rs. 9 more

56.25 - 45 = 9

=> 11.25 = 9

=> 22.5 = 18

=> 45 = 36

=> 50 = ?

=> C.P = 50 x 3645 = 40

 

Hence, the Cost price of the item = Rs. 40.

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7 2418
Q:

The marked price of an article is increased by 25% and the selling price is increased by 16.66%, then the amount of profit doubles. If the original marked price be Rs. 400 which is greater than the corresponding cost price by 33.33%, what is the increased selling price?

A) Rs. 380 B) Rs. 420
C) Rs. 460 D) Rs. 440
 
Answer & Explanation Answer: B) Rs. 420

Explanation:

As given in the question, Marked price is 25% more than the Cost price.

=> C.P of the article = 34 x 400 = 300 

Now, 

Let the original S.P of the article be Rs. P

Now the new S.P = P + 16.666 +13.333300 x P 

=> S.P = 7P6

According to the question,

7P6 - 300 = 2P - 300

=> 5P = 1800

=> P = Rs. 360

Hence, the increased S.P = 360 x 7/6 = Rs. 420. 

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7 1861
Q:

A merchant buys two items for Rs. 7500. One item he sells at a profit of 16% and the other item at 14% loss. In the deal, the merchant makes neither any profit nor any loss. What is the difference between the selling price of both the items?

A) Rs. 620 B) Rs. 654
C) Rs. 725 D) Rs. 747
 
Answer & Explanation Answer: A) Rs. 620

Explanation:

Let the C.P of one item is Rs. P
and that of other is Rs. (7500 - P)

According to the data given
C.P = S.P
=> Px(116/100) + (7500-P)x(86/100) = 7500
=> 30P = 105000
=> P = 3500

Required difference between selling prices
= Rs. [(3500/100) x 116] - [(4000/100) x 86]
= 4060-3440
= Rs. 620

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6 2521
Q:

Mr. X sold two properties P1 and P2 for Rs 1,00,000 each. He sold property P1 for 20% less than what he paid for it. What is the percentage of profit of property P2, so that he is not in gain or loss on the sale of two properties?

A) 33.33% B) 29.97%
C) 25% D) 22.22%
 
Answer & Explanation Answer: A) 33.33%

Explanation:

Let 'A' be the cost price of property P1.

Then from the given data, the selling price of P1 = Rs. 1,00,000

He got 20% loss on selling P1

A - 20A100 = 100000A = 1,25,000

Therefore, the amount he lossed on selling P1 = 25,000

As ge he got no loss or gain on sale of P1 and P2, the gain on selling P2 = 25,000

But the selling price of P2 = 1,00,000 => Cost price of P2 = 75,000

 

Hence, the profit percentage on P2 = GainCPx 100 = 2500075000x100 = 1003= 33.33%

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6 1319