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Q:

The cost price of a college bag is 240% more than the profit obtained on it selling at Rs. 1540. What is the cost price of that college bag?

A) Rs. 1190 B) Rs. 1288
C) Rs. 1365 D) Rs. 1452

Answer:   A) Rs. 1190



Explanation:

Let the profit be Rs. p

Then Cost price of the bag = 340p/100 = 3.4p

According to question,

3.4p + p = 1540

4.4p = 1540

p = 1540/4.4

p = 350

The profit p = Rs, 350

 

Hence, The cost price of the bag = 3.4p = 3.4 x 350 = Rs. 1190.

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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1 596
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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0 443
Q:

A trader marks his goods at 60% above the cost price and allows a discount of 25%. What is his gain percent?

 

A) 20% B) 25%
C) 30% D) 40%
 
Answer & Explanation Answer: A) 20%

Explanation:
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1 462
Q:

A man sold two gifts at Rs. 30 each. On one gift he gained 18%, and on the other gift he lost 18%. What is his over all gain/loss (in Rs. )?

 

A) Gain of Rs. 1.75   B) Loss of Rs. 2.00  
C) Loss of Rs. 2.50   D) Gain of Rs. 2
 
Answer & Explanation Answer: B) Loss of Rs. 2.00  

Explanation:
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3 541
Q:

Let us say that the price of a pen has increased from Rs. 10 to Rs. 15. What is the ratio of its original price to the new price?

 

A) 3 : 2 B) 2 : 3
C) 5 : 4 D) 4 : 5
 
Answer & Explanation Answer: B) 2 : 3

Explanation:
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4 381
Q:

If the ratio of marked price and selling price is 14 : 11, then what is the discount percentage?

 

A) 42.58   B) 21.42  
C) 36.36   D) 33.33
 
Answer & Explanation Answer: B) 21.42  

Explanation:
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1 1617
Q:

Pankaj sells a trouser at a loss of 10%. If he buys it for 20% less price and sells it for Rs. 9 more, then he gains 15%. What is the cost price (in Rs) of the trouser?

 

A) 450   B) 400  
C) 350   D) 440
 
Answer & Explanation Answer: A) 450  

Explanation:
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4 496
Q:

Ram makes a profit of 30%by selling an article. What would be the profit percent if it were calculated on the selling price instead of the cost price? (Correct to one decimal! place)

 

A) 22.4 % B) 23.1 %
C) 20.1 % D) 24.2 %
 
Answer & Explanation Answer: B) 23.1 %

Explanation:
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1 496