15
Q:

John sells his laptop to Mark at a loss of 20% who subsequently sells it to Kevin at a profit of 25%. Kevin after finding some defect in the laptop, returns it to Mark but could recover only Rs.4.50 for every Rs. 5 he had paid. Find the amount of Kevin’s loss if John had paid Rs. 1,75,000 for the laptop ?

A) Rs.16,500 B) Rs.17,500
C) Rs.14,200 D) Rs.15,520

Answer:   B) Rs.17,500



Explanation:

Let’s assume John bought the laptop for Rs. 100
He then sells it to Mark at a loss of 20% => Rs. 80,
Who consequently sells it to Kevin at a profit of 25% =>  Rs. 100
Then, Kevin sells it back to Mark for Rs. 90 (Rs.4.50 for every Rs. 5 that he had paid initially), so he suffers a loss of Rs. 10
Therefore, for Rs. 100 there is a loss of Rs. 10,
Then for Rs. 1,75,000 there will be a loss of Rs. 17,500.

Q:

There was 25% off onshirt. A lady boughta shirt and got an additional 20% discount for paying in cash and further 10% discount for being a loyal customer. She paid ₹405. What was the price tag (in ₹) on the shirt?

A) 600 B) 650
C) 725 D) 750
 
Answer & Explanation Answer: D) 750

Explanation:
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1 111
Q:

A person purchased a vehicle for ₹4,90,828 and sold it for ₹5,52,920. What is the percent profit earned on this vehicle (correct to two decimal places)?

 

A) 19.55% B) 11.55%
C) 15.51% D) 12.65%
 
Answer & Explanation Answer: D) 12.65%

Explanation:
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0 351
Q:

A person purchased a vehicle for ₹4,89,828 and sold it for ₹5,89,828. What is the profit percent he earned on this vehicle (correct to two decimal places)?

 

A) 25% B) 15%
C) 18.65% D) 20.42%
 
Answer & Explanation Answer: D) 20.42%

Explanation:
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0 583
Q:

A dealer buys an article marked at ₹20000 with two successive discounts of 20% and 5%. He spends ₹1800 on repairs and sells it for ₹20000, what is his profit/loss percent (correct to two decimal places)?

 

A) 23.64% loss B) 17.65% profit
C) 23.46% profit D) 17.65% loss
 
Answer & Explanation Answer: B) 17.65% profit

Explanation:
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2 1245
Q:

A man bought three articles for ₹3,000 each. He sold the articles respectively at 10% profit, 5% profit and 15% loss. The total percentage profit/loss he earned is:

 

A) 10% loss B) 5% profit
C) No profit no loss D) 5% loss
 
Answer & Explanation Answer: C) No profit no loss

Explanation:
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0 1119
Q:

A dealer buys an article marked at ₹30000 with two successive discounts of 20% and 5%. He spends ₹1200 on repairs and sells it for ₹30000, what is his profit/loss percent?

 

A) 20% profit B) 25% loss
C) 20% loss D) 25% profit
 
Answer & Explanation Answer: D) 25% profit

Explanation:
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0 1407
Q:

A and B can complete a piece of work in 15 days and 20 days respectively. They got a contract to complete the work for ₹77000. The share of A (in ₹) in the contracted money will be:

 

A) 45,000 B) 40,000
C) 44,000 D) 42,000
 
Answer & Explanation Answer: C) 44,000

Explanation:
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1 311
Q:

If the length of a rectangle is decreased by 11% and the breadth is increased by 11%, its area will undergo:

 

A) 13.13% increase B) 1.21% increase
C) 1.21% decrease D) 13.13% decrease
 
Answer & Explanation Answer: C) 1.21% decrease

Explanation:
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0 249