45
Q:

Cost of 3 cricket balls = cost of 2 pairs of leg pads. 

Cost of 3 pairs of leg pads = cost of 2 pairs of gloves.

Cost of 3 pairs of gloves = cost of 2 cricket bats.

If a cricket bat costs Rs 54, what is the cost of a cricket ball. 

A) Rs 12 B) Rs 16
C) Rs 14 D) Rs 18

Answer:   B) Rs 16



Explanation:

3 pairs of gloves = 2 x 54 = 108 ; 1 pairs of gloves = 36
3 pairs of leg pads = 2 x 36 = 1 pairs of leg pads = 24
3 cricket balls = 2 x 24 = 48
cost of 1 cricket ball = 16;

Subject: Profit and Loss
Q:

A dealer sold two of his cattle for Rs. 500 each. On one of them he lost 10% on the other, he gained 10%. His gain or loss percent in the entire transaction was:

A) 10% loss B) 1% loss
C) 1% gain D) Neither loss nor profit
 
Answer & Explanation Answer: B) 1% loss

Explanation:

Loss%= (common gain or loss % / 10)2 = (10/10)² % = 1%.

Report Error

View Answer Report Error Discuss

Filed Under: Profit and Loss

56 23835
Q:

If books bought at prices ranging from Rs 200 to Rs 350 are sold at prices ranging from Rs 300 to Rs 425, what is the greatest possibleprofit that might be made in selling eight books.

A) 800 B) 1200
C) 1600 D) 1800
 
Answer & Explanation Answer: D) 1800

Explanation:

least cost price      = 200*8 = 1600
greatest sold price = 425 * 8 = 3400
profit required = 3400- 1600 = 1800

Report Error

View Answer Report Error Discuss

Filed Under: Profit and Loss

8 5627
Q:

By selling 45 lemons for Rs 40, a man loses 20%. How many should he sell for Rs 24 to gain 20% in the transaction ?

A) 16 B) 18
C) 20 D) 22
 
Answer & Explanation Answer: B) 18

Explanation:

Let S.P. of 45 lemons be Rs. x.

 

Then, 80 : 40 = 120 : x or   x = 40×12080= 60

 

For Rs.60, lemons sold = 45

 

For Rs.24, lemons sold  =4560×24= 18.

Report Error

View Answer Report Error Discuss

Filed Under: Profit and Loss

759 75551
Q:

By mixing two qualities of pulses in the ratio 2: 3 and selling the mixture at the rate of Rs 22 per kilogram, a shopkeeper makes a profit of 10 %. If the cost of the smaller quantity be Rs 14 per kg, the cost per kg of the larger quantity is:

A) Rs 23 B) Rs 25
C) Rs 24 D) Nonof these
 
Answer & Explanation Answer: C) Rs 24

Explanation:

Cost Price of 5 kg = Rs.(14*2 + x*3) = (28 + 3x).

Sell price of 5 kg = Rs. (22x5) = Rs. 110.

[{110 - (28 + 3x)}/(28 + 3x) ]* 100 =10

[82-3x/28 + 3x]= 1 / 10

820 - 30x = 28 +3x 

33x = 792 

x = 24

Report Error

View Answer Report Error Discuss

Filed Under: Profit and Loss

58 18962
Q:

The cash difference between the selling prices of an article at a profit of 4% and 6% is Rs 3. The ratio of two selling prices is

A) 51:52 B) 52:53
C) 53:54 D) 54:55
 
Answer & Explanation Answer: B) 52:53

Explanation:

Let the Cost price of article is Rs. x

Required ratio = (104% of x) / (106% of x)

                            =104/106

                            =52/53 = 52:53                     

Report Error

View Answer Report Error Discuss

Filed Under: Profit and Loss

39 22502
Q:

A shopkeeper cheats to the extent of 10% while buying and selling, by using false weights. His total gain is.

A) 20% B) 21%
C) 22% D) 23%
 
Answer & Explanation Answer: B) 21%

Explanation:

Gain % = 100+common gain %2100-100%           

 

           =100+102100-100

 

            = 21%

Report Error

View Answer Report Error Discuss

Filed Under: Profit and Loss

568 103460
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 & Explanation 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

Report Error

View Answer Report Error Discuss

Filed Under: Profit and Loss

102 23440
Q:

If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is ?

A) 12% B) 30%
C) 50% D) 60%
 
Answer & Explanation Answer: C) 50%

Explanation:

Friends, we know we will need gain amount to get gain percent, right. So lets get gain first.

Let the cost price of 1 pen is Re 1

Cost of 8 pens = Rs 8

Selling price of 8 pens = 12

Gain = 12 - 8 = 4

Gain% = gaincost×100%  = 48×100% = 50%

Report Error

View Answer Report Error Discuss

Filed Under: Profit and Loss

340 68581