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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

Similar Questions :

1. Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is

  • \begin{aligned} \frac{6}{19}\% \end{aligned}
  • \begin{aligned} \frac{6}{17}\% \end{aligned}
  • \begin{aligned} 5\frac{5}{11}\% \end{aligned}
  • \begin{aligned} 3\frac{5}{11}\% \end{aligned}

Answer: Option C

Explanation:

Whenever we get this type of question, we should have formula in mind that,
Gain% = (gain/cost)*100

Cost = 4700 + 800 = Rs. 5500
S.P. = Rs. 5800

Profit = 5800 - 5500 = 300
\begin{aligned}
Gain\% = \frac{300}{5500}*100 \\
= 5\frac{5}{11}\%
\end{aligned}

2. A book was sold for Rs 27.50 with a profit of 10%. If it were sold for Rs. 25.75, then would have been percentage of profit and loss ?

  • 2% Profit
  • 3% Profit
  • 2% Loss
  • 3% Loss

Answer: Option B

Explanation:

Please remember
\begin{aligned}
S.P. = \left( \frac{100+gain\%}{100} * C.P \right)\\
\text{So, C.P. = }\left( \frac{100}{110} * 25.75 \right)\\
\text{When S.P. = 25.75 then } \\
Profit = 25.75 - 25 = Re. 0.75 \\

Profit\% = \frac{0.75}{25} * 100 = 3\%

\end{aligned}

3. A plot is sold for Rs. 18,700 with a loss of 15%. At what price it should be sold to get profit of 15%.

  • Rs 25300
  • Rs 22300
  • Rs 24300
  • Rs 21300

Answer: Option A

Explanation:

This type of question can be easily and quickly solved as following:

Let at Rs x it can earn 15% pr0fit
85:18700 = 115:x [as, loss = 100 -15, Profit = 100 +15]

x = (18700*115)/85
= Rs.25300

4. A material is purchased for Rs. 600. If one fourth of the material is sold at a loss of 20% and the remaining at a gain of 10%, Find out the overall gain or loss percentage

  • \begin{aligned} 4\frac{1}{2} \end{aligned}
  • \begin{aligned} 3\frac{1}{2} \end{aligned}
  • \begin{aligned} 2\frac{1}{2} \end{aligned}
  • \begin{aligned} 1\frac{1}{2} \end{aligned}

Answer: Option C

Explanation:

We need to get the Total selling price to solve this question. Because after getting selling price we can get profit or loss, then we can calculate profit% or loss%

So lets solve this:

Price Received by selling one fourth of the material at a loss of 20% =
(1/4) * 600 * (80/100) = Rs. 120

Price Received by remaining material at a gain of 10% =
(3/4) * 600 * (110/100) = Rs. 495 [Note: 1-(1/4) = 3/4]

Total Selling Price = 120 + 465 = Rs. 615

Profit = 615 - 600 = 15

\begin{aligned}
Profit\% = \left( \frac{Gain}{Cost} * 100 \right)\% \\
= \left( \frac{15}{600} * 100 \right)\% \\
= \frac{5}{2}\% = 2\frac{1}{2}\%
\end{aligned}

5. A producer of tea blends two varieties of tea from two tea gardens one costing Rs 18 per kg and another Rs 20 per kg in the ratio 5 : 3. If he sells the blended variety at Rs 21 per kg, then his gain percent is

  • 12%
  • 13%
  • 14%
  • 15%

Answer: Option A

Explanation:

Suppose he bought 5 kg and 3 kg of tea.
Cost Price = Rs. (5 x 18 + 3 x 20) = Rs. 150.
Selling price = Rs. (8 x 21) = Rs. 168.
Profit = 168 - 150 = 18

So, Profit % = (18/150) * 100 = 12%

Read more from - Profit and Loss Questions Answers
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