Question Detail

A fruit seller sells mangoes at the rate of Rs.9 per kg and thereby loses 20%. At what price per kg, he should have sold them to make a profit of 5%

Rs 8.81
Rs 9.81
Rs 10.81
Rs 11.81

Answer: Option D

Explanation:

85 : 9 = 105 : x
x= (9×105/85)
= Rs 11.81

1. A man gains 20% by selling an article for a certain price. If he sells it at double the price, the percentage of profit will be.

130%
140%
150%
160%

Answer: Option B

Explanation:

Let the C.P. = x,
Then S.P. = (120/100)x = 6x/5
New S.P. = 2(6x/5) = 12x/5

Profit = 12x/5 - x = 7x/5

Profit% = (Profit/C.P.) * 100
=> (7x/5) * (1/x) * 100 = 140 %

2. If the cost price is 25% of selling price. Then what is the profit percent.

150%
200%
300%
350%

Answer: Option C

Explanation:

Let the S.P = 100
then C.P. = 25

Profit = 75

Profit% = 75/25 * 100 = 3005

3. Sahil purchased a machine at Rs 10000, then got it repaired at Rs 5000, then gave its transportation charges Rs 1000. Then he sold it with 50% of profit. At what price he actually sold it.

Rs. 22000
Rs. 24000
Rs. 26000
Rs. 28000

Answer: Option B

Explanation:

Question seems a bit tricky, but it is very simple.
Just calculate all Cost price, then get 150% of CP.

C.P. = 10000 + 5000 + 1000 = 16000

150% of 16000 = 150/100 * 16000 = 24000

4. Akhil purchased 70kg vegetable at Rs. 420, then sold them at the rate of Rs. 6.50 per kg, find the profit percent.

\begin{aligned} 8\frac{1}{3}\% \end{aligned}
\begin{aligned} 7\frac{1}{3}\% \end{aligned}
\begin{aligned} 6\frac{1}{3}\% \end{aligned}
\begin{aligned} 5\frac{1}{3}\% \end{aligned}

Answer: Option A

Explanation:

Please note in this type of questions, get the value of 1 kg to solve this question, lets solve it.

C.P. of 1 Kg = 420/70 = Rs. 6
Selling Price = 6.50
Gain = Rs. 0.50

\begin{aligned}
Gain\% = \frac{.50}{6}*100 \\
= 8\frac{1}{3}\%
\end{aligned}

5. If the manufacturer gains 10 %, the wholesale dealer 15 % and the retailer 25 %, then find the cost of production of a table if the retail price was Rs 1265

Rs. 750
Rs. 800
Rs. 850
Rs. 900

Answer: Option B

Explanation:

Let the cost of Production = Rs. P
Then, as per question,

\begin{aligned}
=> \left( \frac{125}{100} *\frac{115}{100}*\frac{110}{100} * P \right) = 1265\\
=> \frac{253}{160}P = 1265 \\
=> P = 800
\end{aligned}