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Question Detail
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 %
1. A shopkeeper sells a transistor at Rs. 840 at a gain of 20% and another for Rs. 960 at the loss of 4%. Find his total gain percent.
- \begin{aligned} 5\frac{12}{17}\% \end{aligned}
- \begin{aligned} 5\frac{13}{17}\% \end{aligned}
- \begin{aligned} 5\frac{14}{17}\% \end{aligned}
- \begin{aligned} 5\frac{15}{17}\% \end{aligned}
Answer: Option D
Explanation:
In this type of question, we will first find total C.P. of items, then total S.P. of items, then we will get gain or loss. From which we can easily calculate its percentage.
So lets solve it now.
\begin{aligned}
\text{So, C.P. of 1st transistor = }\\
\left( \frac{100}{120} * 840 \right) = 700 \\
\text{C.P. of 2nd transistor = }\\
\left( \frac{100}{96} * 960 \right) = 1000 \\
\text{Total C.P. = 1700 }\\
\text{Total S.P. = 1800 }\\
\text{Gain = 1800 - 1700 = 100}\\
\text{Gain% = } \left( \frac{100}{1700} * 100 \right) \\
= 5\frac{15}{17}\%
\end{aligned}
2. A shopkeeper expects a gain of 45/2 % on his C.P. If his sale was Rs. 392, then find his profit.
- Rs. 70
- Rs. 72
- Rs. 74
- Rs. 76
Answer: Option B
Explanation:
We Know,
\begin{aligned}
S.P. = \left( \frac{100+gain\%}{100} * C.P \right)\\
=> C.P. = \frac{100}{122.50}* 392 \\
= 320 \\
Profit = 392 -320 = Rs 72
\end{aligned}
3. The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25% then determine the value of x.
- 14
- 15
- 16
- 17
Answer: Option C
Explanation:
Let the cost price 1 article = Re 1
Cost price of x articles = x
S.P of x articles = 20
Gain = 20 -x
\begin{aligned}
=> 25 = \left( \frac{20-x}{x} * 100 \right) \\
=> 2000 - 100x = 25 x \\
=> x = 16
\end{aligned}
4. 100 oranges are bought at the rate of Rs. 350 and sold at the rate of 48 per dozen. The percentage of profit is
- \begin{aligned} 12\frac{2}{7} \% \end{aligned}
- \begin{aligned} 13\frac{2}{7} \% \end{aligned}
- \begin{aligned} 14\frac{2}{7} \%\end{aligned}
- \begin{aligned} 15\frac{2}{7} \% \end{aligned}
Answer: Option C
Explanation:
So before solving this question we will get the C.P. and S.P. of 1 article to get the gain percent.
C.P. of 1 orange = 350/100 = Rs 3.50
S.P. of one orange = 48/12 = Rs 4 [note: divided by 12 as 1 dozen contains 12 items]
Gain = 4 - 3.50 = Rs 0.50
\begin{aligned}
Gain\% = \frac{0.50}{3.50}*100 \\
= \frac{100}{7}\%
= 14\frac{2}{7}\%
\end{aligned}
5. 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
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