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Question Detail
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
1. A pair of articles was bought for Rs. 37.40 at a discount of 15%. What must be the marked price of each of the articles ?
- Rs15
- Rs 20
- Rs 22
- Rs 25
Answer: Option C
Explanation:
As question states that rate was of pair of articles,
So rate of One article = 37.40/2 = Rs. 18.70
Let Marked price = Rs X
then 85% of X = 18.70
=> X = 1870/85 = 22
2. If the cost price of 12 items is equal to the selling price of 16 items, the loss percent is
- 20%
- 25%
- 30%
- 35%
Answer: Option B
Explanation:
Let the Cost Price of 1 item = Re. 1
Cost Price of 16 items = 16
Selling Price of 16 items = 12
Loss = 16 - 12 = Rs 4
Loss % = (4/16)* 100 = 25%
3. 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}
4. 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
5. A man buys an article for Rs. 27.50 and sells it for Rs 28.60. Find his gain percent
- 1%
- 2%
- 3%
- 4%
Answer: Option D
Explanation:
So we have C.P. = 27.50
S.P. = 28.60
Gain = 28.60 - 27.50 = Rs. 1.10
\begin{aligned}
Gain\% = \left( \frac{Gain}{Cost} * 100 \right)\% \\
= \left( \frac{1.10}{27.50} * 100 \right)\% = 4\%
\end{aligned}
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