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Question Detail
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}
1. 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%
2. 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
3. A shopkeeper cheats to the extent of 10% while buying and selling, by using false weights. His total gain is.
- 20%
- 21%
- 22%
- 23%
Answer: Option B
Explanation:
\begin{aligned}
Gain\% = \\ \left( \frac{(100 + \text{common gain}\%)^2}{100} - 100 \right)\% \\
= \left( \frac{(100 + 10)^2}{100} - 100 \right)\% \\
= \left( \frac{12100 - 10000}{100}\right)\% \\
= 21\%
\end{aligned}
4. 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 %
5. A TV is purchased at Rs. 5000 and sold at Rs. 4000, find the lost percent.
- 10%
- 20%
- 25%
- 28%
Answer: Option B
Explanation:
We know, C.P. = 5000
S.P. = 4000
Loss = 5000 - 4000 = 1000
\begin{aligned}
Loss\% = \left( \frac{Loss}{Cost} * 100 \right)\% \\
= \left( \frac{1000}{5000} * 100 \right)\% = 20\%
\end{aligned}
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