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 furniture shopkeeper allows a discount of 16% on the marked price on the goods to his customers and still gains 20%. Whatis the marked price of a dining table, which costs the shopkeeper ₹11,900?

 

A) ₹15,000 B) ₹12,376
C) ₹17,000 D) ₹16,000
 
Answer & Explanation Answer: C) ₹17,000

Explanation:
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0 24
Q:

A table costing ₹ 750 was sold at 4% loss. Find out the selling price of the table.

 

A) ₹ 720 B) ₹ 780
C) ₹ 730 D) ₹ 745
 
Answer & Explanation Answer: A) ₹ 720

Explanation:
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1 126
Q:

The cost price of goods, for a shopkeeper, was X. He marked them at 15% above the cost price. Finally, he sold the goods at a discount of 25%. What is his profit/loss percentage ?

 

A) 13% Loss   B) 12% Profit  
C) 13.5% Profit   D) 13.75% Loss  
 
Answer & Explanation Answer: D) 13.75% Loss  

Explanation:
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2 79
Q:

A man buys two watches ‘A’ and ‘B’ at a total cost of Rs. 800. He sells both watches at the same selling price, and earns a profit of 18% on watch ‘A’ and incurs a loss of 22% on watch ‘B’. What are the cost prices of the two watches? (two place after decimal)

 

A) A = Rs. 350.32 and B = Rs. 450.68     B) A = Rs. 318.37 and B = Rs. 481.63    
C) A = Rs. 220 and B = Rs. 580     D) A = Rs. 317 and B = Rs. 483    
 
Answer & Explanation Answer: B) A = Rs. 318.37 and B = Rs. 481.63    

Explanation:
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0 148
Q:

A shopkeeper marks the price of an article in such a way that after allowing a discount of 22%, he gets a gain of 11%.If the marked price is Rs.888, then the cost price of the article is:

 

A) ₹ 624 B)  ₹ 782
C) ₹ 550 D) ₹ 895
 
Answer & Explanation Answer: A) ₹ 624

Explanation:
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0 129
Q:

An article was sold at a gain of 18%. If it had been sold for ₹ 49 more, then the gain would have been 25%. The cost price of the article is:

 

A) ₹ 700 B) ₹ 570
C) ₹ 650 D) ₹ 890
 
Answer & Explanation Answer: A) ₹ 700

Explanation:
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0 997
Q:

A manufacturer sells cooking gas stoves to shopkeepers at 10% profit, and in turn they sell the cooking gas stoves to customer to earn 15% profit. If a customer gets a cooking gas stove for ₹7,590, then what is its manufacturing cost?

 

A) ₹ 6,500 B) ₹5,000
C) ₹5,090 D) ₹6,000
 
Answer & Explanation Answer: D) ₹6,000

Explanation:
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0 296
Q:

X sells shoes to Y at a profit of 20% and Y sells same shoes to Z at a profit of 23%. If Z pays Rs 3321 for the shoes, then what was the cost price (in Rs) of shoes for X?

 

A) 1950   B) 2450  
C) 2250   D) 2045
 
Answer & Explanation Answer: C) 2250  

Explanation:
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0 232