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Question Detail
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}
1. The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, find out the value of x
- 13
- 14
- 15
- 16
Answer: Option D
Explanation:
Let the Cost Price of one article = Rs. 1
CP of x articles = Rs. x
CP of 20 articles = 20
Selling price of x articles = 20
Profit = 25% [Given]
\begin{aligned}
\Rightarrow \left (\dfrac{SP - CP }{CP}\right ) = \dfrac{25}{100} = \dfrac{1}{4}
& \Rightarrow \dfrac{\left(20-x \right )}{x} = \dfrac{1}{4} \\
& \Rightarrow 80 - 4x = x \\
& \Rightarrow 5x = 80 \nonumber \\
& \Rightarrow x = \dfrac{80}{5} = 16 \\
\end{aligned}
2. 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%
3. 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
4. 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
5. 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
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