10
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:   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%

Q:

A man bought 2 articles for ₹3050 each. He sold one article at 10% loss and another at 20% profit. The total profit/loss percentage he earned is:

 

 

A) 10% loss B) 5% loss
C) 5% profit D) 10% profit
 
Answer & Explanation Answer: C) 5% profit

Explanation:
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1 504
Q:

There was 25% off on shirt. A lady bought that shirt and got an additional 20% discount for paying in cash and further 10% discount for being a loyal customer. She paid ₹324. What was the price tag (in ₹) on the shirt ?

 

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

Explanation:
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0 150
Q:

A person purchased a vehicle for ₹5,90,828 and sold it for ₹6,52,920. What is the profit percent he earned on this vehicle (correct to two decimal places) ?

 

A) 9.51% B) 9.55%
C) 10.51% D) 11.55%
 
Answer & Explanation Answer: C) 10.51%

Explanation:
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0 247
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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1 308
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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0 961
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 1059
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 1834
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 1798