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Question Detail
A man bought an article and sold it at a gain of 5 %. If he had bought it at 5% less and sold it for Re 1 less, he would have made a profit of 10%. The C.P. of the article was
- Rs 100
- Rs 150
- Rs 200
- Rs 250
Answer: Option C
Explanation:
Let original Cost price is x
Its Selling price = 105/100 * x = 21x/20
New Cost price = 95/100 * x = 19x/20
New Selling price = 110/100 * 19x/20 = 209x/200
[(21x/20) - (209x/200)] = 1
=> x = 200
1. A person incurs a loss of 5% be selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit.
- Rs.1200
- Rs.1230
- Rs.1260
- Rs.1290
Answer: Option C
Explanation:
Let the new S.P. be x, then.
(100 - loss%):(1st S.P.) = (100 + gain%):(2nd S.P.)
\begin{aligned}
=>\left( \frac{95}{1140} = \frac{105}{x} \right) \\
=> x = 1260
\end{aligned}
2. 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
3. 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 %
4. If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is ?
- 12%
- 30%
- 50%
- 60%
Answer: Option C
Explanation:
Friends, we know we will need gain amount to get gain percent, right. So lets get gain first.
Let the cost price of 1 pen is Re 1
Cost of 8 pens = Rs 8
Selling price of 8 pens = 12
Gain = 12 - 8 = 4
\begin{aligned}
Gain\% = \left( \frac{Gain}{Cost} * 100 \right)\% \\
= \left( \frac{4}{8} * 100 \right)\% = 50\%
\end{aligned}
5. In terms of percentage profit, which among following the best transaction.
- C.P. 36, Profit 17
- C.P. 50, Profit 24
- C.P. 40, Profit 19
- C.P. 60, Profit 29
Answer: Option D
Explanation:
Hint: Calculate profit percent as
Profit% = (profit/cost) * 100
Thanks ! Your comment will be approved shortly !
-
Anjali 7 years ago
A man sold an article and found that he gained 25% on SP . If he reduces the SP of the article by ?40, he would have gained 20% on the cost price. Find the original SP.
-
Saurabh 8 years ago
a men sold a watch and earns 20 % profit if he bought it in 200 less and sold in 100 rupees less then he get 10% more profit, find the cost price
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