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Question Detail
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
1. A shopkeeper fixes the marked price of an item 35% above its cost price. The percentage of discount allowed to gain 8% is
- 18%
- 20%
- 22%
- 24%
Answer: Option B
Explanation:
Let the cost price = Rs 100
then, Marked price = Rs 135
Required gain = 8%,
So Selling price = Rs 108
Discount = 135 - 108 = 27
Discount% = (27/135)*100 = 20%
2. 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.
- 51217%
- 51317%
- 51417%
- 51517%
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.
So, C.P. of 1st transistor = (100120∗840)=700C.P. of 2nd transistor = (10096∗960)=1000Total C.P. = 1700 Total S.P. = 1800 Gain = 1800 - 1700 = 100Gain% = (1001700∗100)=51517%
3. Akhil purchased 70kg vegetable at Rs. 420, then sold them at the rate of Rs. 6.50 per kg, find the profit percent.
- 813%
- 713%
- 613%
- 513%
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
Gain%=.506∗100=813%
4. 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,
S.P.=(100+gain%100∗C.P)=>C.P.=100122.50∗392=320Profit=392−320=Rs72
5. 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
- 412
- 312
- 212
- 112
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
Profit%=(GainCost∗100)%=(15600∗100)%=52%=212%
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