11
Q:

The market price of an article was 40% more than its cost price. Rana was going to sell it at market price to a customer, but he showed Rana some defects in the article, due to which Rana gave him a discount of 28.57%. Next day he came again and showed Rana some more defects, hence he gave him another discount that was equal to 12.5% of the cost price. What was the approximate profit/loss to Rana ?

A) Loss of 12.5% B) Profit of 12.5%
C) Loss of 24.5% D) Profit of 22.5%

Answer:   A) Loss of 12.5%



Explanation:

Let the cost price be Rs. 100
Then, market price is Rs. 140
Now, the first discount is of 28.57% Rs.140 =~ Rs. 40
Hence, its selling price = 140 - 40 = Rs. 100
Now since Rana is selling at cost price, any further discount will be equal to loss percentage.
The next dicount of 12.5% will be the loss percentage to Rana.

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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1 144
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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0 522
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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0 661
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 1318
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 1189
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 1496
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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1 321
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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0 257