All Exams > SSC CGL > Quantitative Aptitude for SSC CGL > All Questions
All questions of Profit & Loss for SSC CGL Exam
A retailer sold 12 notes at a profit of 20% and 8 notes at a profit of 10%. If he had sold all the 20 notes at a profit of 15%, then his profit would have been reduced by Rs.36. What is the cost price of each note?- a)Rs.160
- b)Rs.190
- c)Rs.120
- d)Rs.180
- e)None of these
Correct answer is option 'D'. Can you explain this answer?
A retailer sold 12 notes at a profit of 20% and 8 notes at a profit of 10%. If he had sold all the 20 notes at a profit of 15%, then his profit would have been reduced by Rs.36. What is the cost price of each note?
a)
Rs.160
b)
Rs.190
c)
Rs.120
d)
Rs.180
e)
None of these
 | Nikita Singh answered |
Answer - D.Rs.180
Explanation :
Cost Price = x
Total Profit
= 12x * 20/100 + 8x * 10/100 = 320x/100 = 3.2x
= 20x * 15/100 — (ii) Profit of 15% on 20 notes
Total Profit
3.2x - 3x = 36
0.2x = 36
x = 180
Explanation :
Cost Price = x
Total Profit
= 12x * 20/100 + 8x * 10/100 = 320x/100 = 3.2x
= 20x * 15/100 — (ii) Profit of 15% on 20 notes
Total Profit
3.2x - 3x = 36
0.2x = 36
x = 180
Sriram purchased 40 dozen notebooks at Rs. 50 per dozen. He sold 10 dozens of it at 15% profit and the remaining 30 dozens at 25% profit. What is his percentage profit in the whole transaction?- a)18.8%
- b)20%
- c)22.5%
- d)25%
- e)28.5%
Correct answer is option 'C'. Can you explain this answer?
Sriram purchased 40 dozen notebooks at Rs. 50 per dozen. He sold 10 dozens of it at 15% profit and the remaining 30 dozens at 25% profit. What is his percentage profit in the whole transaction?
a)
18.8%
b)
20%
c)
22.5%
d)
25%
e)
28.5%
 | Faizan Khan answered |
C.P = 4*50 = 2000
S.P = 10*50*115 /100 + 30*50*125/100 = 2450
Profit = 2450- 2000 = 450
Profit% = 450/2000 * 100 = 22.5
S.P = 10*50*115 /100 + 30*50*125/100 = 2450
Profit = 2450- 2000 = 450
Profit% = 450/2000 * 100 = 22.5
A dealer marked the price of an item 20% above cost price. He allowed two successive discounts of 20% and 25% to a customer. As a result he incurred a loss of Rs.812. At what price did he sell the item to the customer?- a)1875
- b)2088
- c)2155
- d)2258
- e)None of these
Correct answer is option 'B'. Can you explain this answer?
A dealer marked the price of an item 20% above cost price. He allowed two successive discounts of 20% and 25% to a customer. As a result he incurred a loss of Rs.812. At what price did he sell the item to the customer?
a)
1875
b)
2088
c)
2155
d)
2258
e)
None of these
 | Target Study Academy answered |
CP = 100
MP = 120
120*80/100 = 96; 96*75/100 = 72
Loss = 100 – 72 = 28%
CP = 100/28*812 = 2900
SP = 2900*72/100 = 2088
MP = 120
120*80/100 = 96; 96*75/100 = 72
Loss = 100 – 72 = 28%
CP = 100/28*812 = 2900
SP = 2900*72/100 = 2088
The marked price of an article is 20% above the cost price. When the selling price of an article is increased by 30% the profit doubles. If the marked price of an article is 480, then original selling price is.
A.531.15
B.537.14
C.571.4
D.582.12
E.None of these- a)531.15
- b)537.14
- c)571.4
- d)582.12
- e).None of these
Correct answer is option 'C'. Can you explain this answer?
The marked price of an article is 20% above the cost price. When the selling price of an article is increased by 30% the profit doubles. If the marked price of an article is 480, then original selling price is.
A.531.15
B.537.14
C.571.4
D.582.12
E.None of these
A.531.15
B.537.14
C.571.4
D.582.12
E.None of these
a)
531.15
b)
537.14
c)
571.4
d)
582.12
e)
.None of these
 | KS Coaching Center answered |
Given MP = 120/100*CP. So, CP = 400.
SP -400 = P (Profit)
(130/100)*SP – 400 = 2P
Solving both equation we get, SP = 4000/7 = 571.4
SP -400 = P (Profit)
(130/100)*SP – 400 = 2P
Solving both equation we get, SP = 4000/7 = 571.4
A Shopkeeper bought 30 kg of rice at the rate of Rs. 40 per kg. He sold 40% of the total quantity at the rate of Rs. 50 per kg. At what price per kg should he sell the remaining quantity to make 25% overall profit?- a)Rs.54
- b) Rs.50
- c)Rs.40
- d)Rs.30
- e)None of these
Correct answer is option 'B'. Can you explain this answer?
A Shopkeeper bought 30 kg of rice at the rate of Rs. 40 per kg. He sold 40% of the total quantity at the rate of Rs. 50 per kg. At what price per kg should he sell the remaining quantity to make 25% overall profit?
a)
Rs.54
b)
Rs.50
c)
Rs.40
d)
Rs.30
e)
None of these
 | Cstoppers Instructors answered |
Total CP of Rice = 30 * 40 = 1200
40% of Total Quantity = 40% of 30 = 12
SP = 12*50 = 600
SP = 1200 * 125/100 = 1500
SP of Remaining Quantity = 1500 – 600 = 900
Remaining Quantity = 18kg
Rice per Kg = 900/18 = Rs. 50
40% of Total Quantity = 40% of 30 = 12
SP = 12*50 = 600
SP = 1200 * 125/100 = 1500
SP of Remaining Quantity = 1500 – 600 = 900
Remaining Quantity = 18kg
Rice per Kg = 900/18 = Rs. 50
A man buys some quantity of rice for Rs 5100. He sells one third of it at a profit of 10%. At what percent gain should he sell the remaining two-third so as to make an overall profit of 20% on the whole transaction?- a)10%
- b)15%
- c)20%
- d)25%
- e)None of these
Correct answer is option 'D'. Can you explain this answer?
A man buys some quantity of rice for Rs 5100. He sells one third of it at a profit of 10%. At what percent gain should he sell the remaining two-third so as to make an overall profit of 20% on the whole transaction?
a)
10%
b)
15%
c)
20%
d)
25%
e)
None of these
| | Target Study Academy answered |
10………………….X
…………20……………
x-20…………….10
1:2
X=25
…………20……………
x-20…………….10
1:2
X=25
A milkman buys some milk. If he sells it at rupees 10 a litre, he losses 400 rupees but when he sells it at 12 a litre, he gains 800 rupees. How much milk did he purchase?- a)400 litre
- b)550 litre
- c)600 litre
- d)800 litre
- e)None of these
Correct answer is option 'C'. Can you explain this answer?
A milkman buys some milk. If he sells it at rupees 10 a litre, he losses 400 rupees but when he sells it at 12 a litre, he gains 800 rupees. How much milk did he purchase?
a)
400 litre
b)
550 litre
c)
600 litre
d)
800 litre
e)
None of these
 | Bank Exams India answered |
10x=s-400
12x=s+800
2x=1200
X=600
12x=s+800
2x=1200
X=600
Arun sells an article at 20% profit to Bala, Bala sells it to Catherine at 10% profit. Catherine sells it to Dinesh at Rs. 16 profit. The difference between the cost price of Dinesh and cost price of Arun was Rs. 500. How much did Bala pay to Arun for the article? - a)Rs.1350
- b)Rs.1815
- c)Rs.1650
- d)Rs.1750
- e)None of these
Correct answer is option 'B'. Can you explain this answer?
Arun sells an article at 20% profit to Bala, Bala sells it to Catherine at 10% profit. Catherine sells it to Dinesh at Rs. 16 profit. The difference between the cost price of Dinesh and cost price of Arun was Rs. 500. How much did Bala pay to Arun for the article?
a)
Rs.1350
b)
Rs.1815
c)
Rs.1650
d)
Rs.1750
e)
None of these
| | Kirti Dahiya answered |
"use of successive percentage" Let article cost is 100x...,, 100x -> 120x -> 132x -> (132+16) Arun. Bala. Catherine Dinesh The difference between the cost price of Dinesh and cost price of Arun was Rs. 500 So, (132x+16) - 100x = 500 X= 121/8 Bala pay to Arun for the article is 120x => 120* 121/8 => 1815
Ananya buys two bangle set for a total cost of Rs. 900. By selling one bangle set for 4/5 of its cost and the other for 5/4 of its cost, She makes a profit of Rs. 90 on the whole transaction. The cost of the lower priced bangle set is?- a)Rs. 360
- b)Rs. 400
- c)Rs. 420
- d)Rs. 300
- e)None of these
Correct answer is option 'D'. Can you explain this answer?
Ananya buys two bangle set for a total cost of Rs. 900. By selling one bangle set for 4/5 of its cost and the other for 5/4 of its cost, She makes a profit of Rs. 90 on the whole transaction. The cost of the lower priced bangle set is?
a)
Rs. 360
b)
Rs. 400
c)
Rs. 420
d)
Rs. 300
e)
None of these
| | Nikita Singh answered |
CP of 1st bangle set = x
CP of 2nd bangle set = 900-x
SP of 1st bangle set = 4x/5
SP of 2nd bangle set=(900-X)5/4
Profit=SP-CP
90=4x/5+(900-X)5/4-900
X = 300 = Lower priced bangle set = Rs.300
CP of 2nd bangle set = 900-x
SP of 1st bangle set = 4x/5
SP of 2nd bangle set=(900-X)5/4
Profit=SP-CP
90=4x/5+(900-X)5/4-900
X = 300 = Lower priced bangle set = Rs.300
Pinkey and Shalini invested some amount of money in the ratio of 3:5 for the same period in the business. They decided that at the end of the year 20% profit was to be given to an organization as a donation. Out of the remaining, 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals. If the difference in their share is Rs. 2400. What is the total profit?- a)49800
- b)49400
- c)48000
- d)49500
- e)None of these
Correct answer is option 'C'. Can you explain this answer?
Pinkey and Shalini invested some amount of money in the ratio of 3:5 for the same period in the business. They decided that at the end of the year 20% profit was to be given to an organization as a donation. Out of the remaining, 75% was to be reinvested and the rest of the profit was to be divided as interest on their capitals. If the difference in their share is Rs. 2400. What is the total profit?
a)
49800
b)
49400
c)
48000
d)
49500
e)
None of these
 | Preeti Khanna answered |
Let the total profit = 100
Amount left after donation = 50
Amount left after reinvestment = 20
Now, 5x/8 – 3x/8 = 2400
⇒ 2x/8 = 2400 = 9600
⇒ 1/5 of y = 9600 => y = 48000
Amount left after donation = 50
Amount left after reinvestment = 20
Now, 5x/8 – 3x/8 = 2400
⇒ 2x/8 = 2400 = 9600
⇒ 1/5 of y = 9600 => y = 48000
A reputed company sells a wrist watch to a wholesaler making a profit of 10%. The wholesaler, in turn, sells it to the retailer making a profit of 10%. A customer purchases it by paying Rs. 990. Thus the profit of retailer is 2(3/11)% What is the cost incurred by the the company to produce it?- a)700
- b) 600
- c)800
- d)900
- e)None of these
Correct answer is option 'C'. Can you explain this answer?
A reputed company sells a wrist watch to a wholesaler making a profit of 10%. The wholesaler, in turn, sells it to the retailer making a profit of 10%. A customer purchases it by paying Rs. 990. Thus the profit of retailer is 2(3/11)% What is the cost incurred by the the company to produce it?
a)
700
b)
600
c)
800
d)
900
e)
None of these
 | Future Foundation Institute answered |
Answer — C. 800
Explanation :
Explanation :
x*110/100*110/100*(100 + 25/11)/100 = 990
x = 800
x = 800
The profit Percentage on 3 bikes are 15%, 35% and 10% and the ratio of CP is 5:3:1. Also the ratio of the Bike sold of P, Q and R is 2:3:5. Then the overall approximate Profit Percentage is?- a)19%
- b)20%
- c)16%
- d)21%
- e)None of these
Correct answer is option 'D'. Can you explain this answer?
The profit Percentage on 3 bikes are 15%, 35% and 10% and the ratio of CP is 5:3:1. Also the ratio of the Bike sold of P, Q and R is 2:3:5. Then the overall approximate Profit Percentage is?
a)
19%
b)
20%
c)
16%
d)
21%
e)
None of these
| | Future Foundation Institute answered |
Answer - D.
Explanation :
5x * 2y + 3x * 3y + 5y = 24xy
Total Profit —
= 515xy/100
= 5.15xy
Overall Profit Percentage
= 5.15xy * 100/24xy
= 21.46%
Explanation :
5x * 2y + 3x * 3y + 5y = 24xy
Total Profit —
= 515xy/100
= 5.15xy
Overall Profit Percentage
= 5.15xy * 100/24xy
= 21.46%
What is the maximum % discount that a man can offer on her MP so that he ends up selling at no profit or loss, if he had initially marked his goods up by 35% (approximately)?- a)20%
- b)32%
- c)27%
- d)30%
- e)None of these
Correct answer is option 'E'. Can you explain this answer?
What is the maximum % discount that a man can offer on her MP so that he ends up selling at no profit or loss, if he had initially marked his goods up by 35% (approximately)?
a)
20%
b)
32%
c)
27%
d)
30%
e)
None of these
 | Alok Verma answered |
35-x-(35*x/100) = 0
3500/100 –(100x+35x/100) = 0
35 = 135/100
X = 35*100/135 = 25.9 = 26%
3500/100 –(100x+35x/100) = 0
35 = 135/100
X = 35*100/135 = 25.9 = 26%
A man buys some quantity of rice for Rs 4800. He sells one third of it at a profit of 10%. At what percent gain should he sell the remaining two-third so as to make an overall profit of 20% on the whole transaction?- a)10%
- b)15%
- c)20%
- d)25%
- e)None of these
Correct answer is option 'D'. Can you explain this answer?
A man buys some quantity of rice for Rs 4800. He sells one third of it at a profit of 10%. At what percent gain should he sell the remaining two-third so as to make an overall profit of 20% on the whole transaction?
a)
10%
b)
15%
c)
20%
d)
25%
e)
None of these
 | Yash Patel answered |
(1/3)*4800*110/100 + (2/3)*4800*(x/100) = (120/100)*4800
x = 125 so he should sell the remaining at 25% profit
x = 125 so he should sell the remaining at 25% profit
A trader gains 10% while buying the goods and gains 20% while selling the goods. Find the gain percent of the trader.- a)30
- b)31
- c)32
- d)34
- e)None of these
Correct answer is option 'C'. Can you explain this answer?
A trader gains 10% while buying the goods and gains 20% while selling the goods. Find the gain percent of the trader.
a)
30
b)
31
c)
32
d)
34
e)
None of these
| | Cstoppers Instructors answered |
- Traders gain 10% on buying means an article cost 110rs, he buy it for 100.
Now he sell it for 20% profit means 110*(120/100) = 132. So gain% is 32.
An item was bought at Rs. X and sold at Rs.Y, thereby earning a profit of 20%. Had the value of X been 15% less and the value of Y been Rs.60 less, a profit of 20% would have been earned, What was the value of Y ?- a)350
- b)400
- c)450
- d)500
- e)None of these
Correct answer is option 'B'. Can you explain this answer?
An item was bought at Rs. X and sold at Rs.Y, thereby earning a profit of 20%. Had the value of X been 15% less and the value of Y been Rs.60 less, a profit of 20% would have been earned, What was the value of Y ?
a)
350
b)
400
c)
450
d)
500
e)
None of these
| | Aisha Gupta answered |
x(1.2)=y———–1
x(0.85)(1.2)=y-60——————-2
Sub 1 in 2, and solve y
Y=400
x(0.85)(1.2)=y-60——————-2
Sub 1 in 2, and solve y
Y=400
Raman buys some apples at the rate of four for a rupee and same numbers of oranges at three for a rupee. To make a profit of 25%, Raman should sell a 6 apples for. - a)3.75
- b)4.375
- c)5.75
- d)6.75
- e)None of these
Correct answer is option 'B'. Can you explain this answer?
Raman buys some apples at the rate of four for a rupee and same numbers of oranges at three for a rupee. To make a profit of 25%, Raman should sell a 6 apples for.
a)
3.75
b)
4.375
c)
5.75
d)
6.75
e)
None of these
 | Divey Sethi answered |
Let Raman buys ‘X’ apples at rate four for a rupee and ‘X’ apples at three for a rupee.
So, cost price = X/4 + X/3
CP = 6/4 + 6/3 = 3.5
Now SP = (125/100)*3.5 = 4.375
So, cost price = X/4 + X/3
CP = 6/4 + 6/3 = 3.5
Now SP = (125/100)*3.5 = 4.375
Shopkeeper purchased some goods for Rs.900 and sold one-third of the goods at a loss of what 12%, then at gain % should the remainder goods he sold to gain 18% profit on the whole transaction ?- a)31%
- b)26%
- c)33%
- d)18%
- e)None of these
Correct answer is option 'C'. Can you explain this answer?
Shopkeeper purchased some goods for Rs.900 and sold one-third of the goods at a loss of what 12%, then at gain % should the remainder goods he sold to gain 18% profit on the whole transaction ?
a)
31%
b)
26%
c)
33%
d)
18%
e)
None of these
| | Preeti Khanna answered |
1/3rd at 12% loss = 900/3 =300*88/100 =264
900*18/100 = 108 => 600+162+36 = 798
198/600 *100 = 33%
900*18/100 = 108 => 600+162+36 = 798
198/600 *100 = 33%
A trader buys 1260 kg of wheat. One-fourth of which he sells at a gain of 5 percent, one-third at a gain of 8 percent and the remaining at a gain of 12 percent. If he had sold the whole lot at a gain of 10 percent, he would have gained Rs 40.95 more. Find the cost price per kg?- a)1
- b)2
- c)3
- d)4
- e)None of these
Correct answer is option 'C'. Can you explain this answer?
A trader buys 1260 kg of wheat. One-fourth of which he sells at a gain of 5 percent, one-third at a gain of 8 percent and the remaining at a gain of 12 percent. If he had sold the whole lot at a gain of 10 percent, he would have gained Rs 40.95 more. Find the cost price per kg?
a)
1
b)
2
c)
3
d)
4
e)
None of these
 | Ravi Singh answered |
Let cost price per kg = C, then
[1260*c*110/100] – [(1260/4)*c*105/100 + (1260/3)*c*108/100 + (525*c)*112/100] = 40.95
U will get C = 3
[1260*c*110/100] – [(1260/4)*c*105/100 + (1260/3)*c*108/100 + (525*c)*112/100] = 40.95
U will get C = 3
A TV was purchased for Rs. 54000. Its price was marked up by 40%.It was sold at a discount of 20% on the marked price. What was the profit percent of the cost price?- a)10%
- b)11%
- c)15%
- d)12%
- e)None of these
Correct answer is option 'D'. Can you explain this answer?
A TV was purchased for Rs. 54000. Its price was marked up by 40%.It was sold at a discount of 20% on the marked price. What was the profit percent of the cost price?
a)
10%
b)
11%
c)
15%
d)
12%
e)
None of these
| | Aarav Sharma answered |
Let's break down the given information and solve the problem step by step.
Given information:
- The TV was purchased for Rs. 54000.
- The price was marked up by 40%.
- It was sold at a discount of 20% on the marked price.
Step 1: Finding the marked price
Since the price was marked up by 40%, we can find the marked price by adding 40% of the purchase price to the purchase price itself.
Marked price = Purchase price + 40% of the purchase price
= Rs. 54000 + 40% of Rs. 54000
= Rs. 54000 + (40/100) * Rs. 54000
= Rs. 54000 + (2/5) * Rs. 54000
= Rs. 54000 + Rs. 21600
= Rs. 75600
So, the marked price of the TV is Rs. 75600.
Step 2: Finding the selling price
Since the TV was sold at a discount of 20% on the marked price, we can find the selling price by deducting 20% of the marked price from the marked price itself.
Selling price = Marked price - 20% of the marked price
= Rs. 75600 - 20% of Rs. 75600
= Rs. 75600 - (20/100) * Rs. 75600
= Rs. 75600 - (1/5) * Rs. 75600
= Rs. 75600 - Rs. 15120
= Rs. 60480
So, the selling price of the TV is Rs. 60480.
Step 3: Finding the profit percentage
Profit percentage can be calculated using the formula:
Profit percentage = (Profit / Cost price) * 100
In this case, the profit is the difference between the selling price and the purchase price, and the cost price is the purchase price.
Profit = Selling price - Purchase price
= Rs. 60480 - Rs. 54000
= Rs. 6480
Profit percentage = (6480 / 54000) * 100
= (12 / 100) * 100
= 12%
Therefore, the profit percentage of the cost price is 12%.
Hence, the correct answer is option D) 12%.
Given information:
- The TV was purchased for Rs. 54000.
- The price was marked up by 40%.
- It was sold at a discount of 20% on the marked price.
Step 1: Finding the marked price
Since the price was marked up by 40%, we can find the marked price by adding 40% of the purchase price to the purchase price itself.
Marked price = Purchase price + 40% of the purchase price
= Rs. 54000 + 40% of Rs. 54000
= Rs. 54000 + (40/100) * Rs. 54000
= Rs. 54000 + (2/5) * Rs. 54000
= Rs. 54000 + Rs. 21600
= Rs. 75600
So, the marked price of the TV is Rs. 75600.
Step 2: Finding the selling price
Since the TV was sold at a discount of 20% on the marked price, we can find the selling price by deducting 20% of the marked price from the marked price itself.
Selling price = Marked price - 20% of the marked price
= Rs. 75600 - 20% of Rs. 75600
= Rs. 75600 - (20/100) * Rs. 75600
= Rs. 75600 - (1/5) * Rs. 75600
= Rs. 75600 - Rs. 15120
= Rs. 60480
So, the selling price of the TV is Rs. 60480.
Step 3: Finding the profit percentage
Profit percentage can be calculated using the formula:
Profit percentage = (Profit / Cost price) * 100
In this case, the profit is the difference between the selling price and the purchase price, and the cost price is the purchase price.
Profit = Selling price - Purchase price
= Rs. 60480 - Rs. 54000
= Rs. 6480
Profit percentage = (6480 / 54000) * 100
= (12 / 100) * 100
= 12%
Therefore, the profit percentage of the cost price is 12%.
Hence, the correct answer is option D) 12%.
An article is sold for rupees 400 in which the seller fetches 25% profit. If 6 such articles are sold for rupees 2400, then the percent profit/loss incurred by the seller- a)25% loss
- b)20% profit
- c)25% profit
- d)20% loss
- e)None of these
Correct answer is option 'C'. Can you explain this answer?
An article is sold for rupees 400 in which the seller fetches 25% profit. If 6 such articles are sold for rupees 2400, then the percent profit/loss incurred by the seller
a)
25% loss
b)
20% profit
c)
25% profit
d)
20% loss
e)
None of these
| | Cstoppers Instructors answered |
400 = (125/100)*CP
CP = 320.
Selling price = 2400/6 = 400.
% profit = [(400 – 320)/320]*100 = 25
CP = 320.
Selling price = 2400/6 = 400.
% profit = [(400 – 320)/320]*100 = 25
A trader mixes 25% of solution A to his Solution B and then he sells the whole mixture at the price of Solution B. If the cost price of Solution A be 50% of the cost price of Solution B, what is the net profit percentage?- a)100/3%
- b)200/7%
- c)100/9%
- d)200/3%
- e)None of these
Correct answer is option 'C'. Can you explain this answer?
A trader mixes 25% of solution A to his Solution B and then he sells the whole mixture at the price of Solution B. If the cost price of Solution A be 50% of the cost price of Solution B, what is the net profit percentage?
a)
100/3%
b)
200/7%
c)
100/9%
d)
200/3%
e)
None of these
| | Preeti Khanna answered |
Quantity of Solution B = 100 litre
Quantity of Solution A = 25 litre
CP of 1 litre Solution B = Rs.10
CP of 1 litre Solution A = Rs.5
CP = 100 * 10 + 25 * 5 = 1125
SP = (100 + 25)*10 = 1250
Profit = 1250 – 1125 = 125
% = 125 * 100 / 1125 = 100/9%
Quantity of Solution A = 25 litre
CP of 1 litre Solution B = Rs.10
CP of 1 litre Solution A = Rs.5
CP = 100 * 10 + 25 * 5 = 1125
SP = (100 + 25)*10 = 1250
Profit = 1250 – 1125 = 125
% = 125 * 100 / 1125 = 100/9%
A man purchases some apples at the rate of 3 for Rs 4 and same quantity at 4 for Rs 7. If he sells all the apples at the rate of 5 for Rs 9, find his gain or loss percent?- a)17% loss
- b)17% gain
- c)15% loss
- d)15% gain
- e)None of these
Correct answer is option 'B'. Can you explain this answer?
A man purchases some apples at the rate of 3 for Rs 4 and same quantity at 4 for Rs 7. If he sells all the apples at the rate of 5 for Rs 9, find his gain or loss percent?
a)
17% loss
b)
17% gain
c)
15% loss
d)
15% gain
e)
None of these
 | Naroj Boda answered |
Let he buys x apples at the rate 4/3 and x apples at the rate of 7/4
so cost price = 4x/3 + 7x/4 = 37x/12
and selling price = (9/5)*2x = 18x/5
% gain = [(37x/12 – 18x/5)/(37x/12)]*100 = 17% (approx)
so cost price = 4x/3 + 7x/4 = 37x/12
and selling price = (9/5)*2x = 18x/5
% gain = [(37x/12 – 18x/5)/(37x/12)]*100 = 17% (approx)
Rahul purchased an article for Rs. 8400 and sold it for a loss of 5%. From that money he purchased another article and sold it for a gain of 5%. What is the overall gain or loss?- a)Profit of Rs.21
- b)Profit of Rs.24
- c)Loss of Rs.21
- d)Loss of Rs.24
- e)None of these
Correct answer is option 'C'. Can you explain this answer?
Rahul purchased an article for Rs. 8400 and sold it for a loss of 5%. From that money he purchased another article and sold it for a gain of 5%. What is the overall gain or loss?
a)
Profit of Rs.21
b)
Profit of Rs.24
c)
Loss of Rs.21
d)
Loss of Rs.24
e)
None of these
| | KS Coaching Center answered |
CP = 8400
SP = 8400 * 95/100 = 7980
CP = 7980
SP = 7980 * 105/100 = 8379
Difference = 8400 – 8379 = 21
SP = 8400 * 95/100 = 7980
CP = 7980
SP = 7980 * 105/100 = 8379
Difference = 8400 – 8379 = 21
A person saves 20 percent of his income. If the income of that person increased by 16 percent and he decided to save 25 percent, then find the percent increase in his saving as compared to previous one.- a)40%
- b)45%
- c)50%
- d)55%
- e)None of these
Correct answer is option 'B'. Can you explain this answer?
A person saves 20 percent of his income. If the income of that person increased by 16 percent and he decided to save 25 percent, then find the percent increase in his saving as compared to previous one.
a)
40%
b)
45%
c)
50%
d)
55%
e)
None of these
| | Target Study Academy answered |
Let initial income = 100 so his saving is rupees = 20.
Now his income is 116 and he save = 116*25/100 = 29
So % increase in saving = (9/20)*100 = 45
Now his income is 116 and he save = 116*25/100 = 29
So % increase in saving = (9/20)*100 = 45
Pinkey sold a machine to Shalini at a profit of 30%. Shalini sold this machine to Arun at a loss of 20%. If Pinkey paid Rs.5000 for this machine, then find the cost price of machine for Arun?- a)6200
- b)5200
- c)4800
- d)4750
- e)None of these
Correct answer is option 'B'. Can you explain this answer?
Pinkey sold a machine to Shalini at a profit of 30%. Shalini sold this machine to Arun at a loss of 20%. If Pinkey paid Rs.5000 for this machine, then find the cost price of machine for Arun?
a)
6200
b)
5200
c)
4800
d)
4750
e)
None of these
 | Kavya Saxena answered |
R1 = 30% R2 = 20%
5000 * 130/100 * 80/100 = Rs. 5200
5000 * 130/100 * 80/100 = Rs. 5200
The profit earned after selling an article for Rs. 1680 is the same as the loss incurred after selling the article for Rs. 1512. What is the cost price of the article?- a)Rs.1602
- b)Rs.1912
- c)Rs.1200
- d)Rs.1596
- e)None of these
Correct answer is option 'D'. Can you explain this answer?
The profit earned after selling an article for Rs. 1680 is the same as the loss incurred after selling the article for Rs. 1512. What is the cost price of the article?
a)
Rs.1602
b)
Rs.1912
c)
Rs.1200
d)
Rs.1596
e)
None of these
| | Divey Sethi answered |
CP = x
1680 – x = x – 1512
2x = 3192
x = 1596
1680 – x = x – 1512
2x = 3192
x = 1596
A reduction of 20% in the price of sugar enables a housewife to purchase 6 kg more for Rs. 240. What is original price per kg of sugar?- a)Rs.10 per Kg
- b)Rs.8 per Kg
- c)Rs.6 per Kg
- d)Rs.5 per Kg
- e)None of these
Correct answer is option 'A'. Can you explain this answer?
A reduction of 20% in the price of sugar enables a housewife to purchase 6 kg more for Rs. 240. What is original price per kg of sugar?
a)
Rs.10 per Kg
b)
Rs.8 per Kg
c)
Rs.6 per Kg
d)
Rs.5 per Kg
e)
None of these
| | Kavya Saxena answered |
Explanation:
Reduction in price = 1/5 = 20%
Increase in Quantity = 25%
25% = 6 Kg.
original amount of Sugar = 6*4 = 24Kg.
Original price of the sugar = 240/24 = Rs. 10 per kg.
Reduction in price = 1/5 = 20%
Increase in Quantity = 25%
25% = 6 Kg.
original amount of Sugar = 6*4 = 24Kg.
Original price of the sugar = 240/24 = Rs. 10 per kg.
A Vendor sells apples at a certain price in order to make a profit of 30%. If he charges Rs. 1.5 higher per apple he would get a profit of 60%. Find the original price at which he sold an apple?- a)Rs. 3.75
- b)Rs. 4.25
- c)Rs. 4.85
- d)Rs. 3.25
- e)None of these
Correct answer is option 'A'. Can you explain this answer?
A Vendor sells apples at a certain price in order to make a profit of 30%. If he charges Rs. 1.5 higher per apple he would get a profit of 60%. Find the original price at which he sold an apple?
a)
Rs. 3.75
b)
Rs. 4.25
c)
Rs. 4.85
d)
Rs. 3.25
e)
None of these
| | Ravi Singh answered |
CP of an apple = Rs. x
Profit = 30%
SP = Rs. 1.30x
If SP = x + Rs.1.5
Profit = 60%
1.60x = x + 1.5 or x = Rs. 2.5
Hence, Original SP = Rs 1.5x = Rs. 3.75
Profit = 30%
SP = Rs. 1.30x
If SP = x + Rs.1.5
Profit = 60%
1.60x = x + 1.5 or x = Rs. 2.5
Hence, Original SP = Rs 1.5x = Rs. 3.75
A dealer sold two ACs at Rs. 5940 each. On selling one AC he gained 10% and on selling the other he lost 10%. Find the dealer’s gain or loss percent?- a)1% gain
- b)1% loss
- c)2% loss
- d)2% gain
- e)None of these
Correct answer is option 'B'. Can you explain this answer?
A dealer sold two ACs at Rs. 5940 each. On selling one AC he gained 10% and on selling the other he lost 10%. Find the dealer’s gain or loss percent?
a)
1% gain
b)
1% loss
c)
2% loss
d)
2% gain
e)
None of these
| | Faizan Khan answered |
5940 = (110/100)*cp1, cp1 = 5400
5940 = (90/100)*cp2, cp2 = 6600
So, CP = 5400 + 6600 = 12000
And selling price = 5940 + 5940 = 11880
% loss = (120/12000)*100 = 1
5940 = (90/100)*cp2, cp2 = 6600
So, CP = 5400 + 6600 = 12000
And selling price = 5940 + 5940 = 11880
% loss = (120/12000)*100 = 1
A vendor fixed Selling Price of a product at 40% above the cost price. He sells half the stock at this price, one-quarter of that stock at a discount of 25% on the original selling price and rest at a discount of 30% on the original selling price. Find the gain percentage all together?- a)20.75%
- b)15.75%
- c)14.75%
- d)16.75%
- e)None of the Above
Correct answer is option 'A'. Can you explain this answer?
A vendor fixed Selling Price of a product at 40% above the cost price. He sells half the stock at this price, one-quarter of that stock at a discount of 25% on the original selling price and rest at a discount of 30% on the original selling price. Find the gain percentage all together?
a)
20.75%
b)
15.75%
c)
14.75%
d)
16.75%
e)
None of the Above
| | Ravi Singh answered |
Let CP = 100;
marked price=140;
Revenue = [(1/2)*140 + (1/4)*0.75*140 + (1/4)*0.7*140] = 70 + 26.25 + 24.5 = 120.75;
% profit = 20.75/100 = 20.75%
marked price=140;
Revenue = [(1/2)*140 + (1/4)*0.75*140 + (1/4)*0.7*140] = 70 + 26.25 + 24.5 = 120.75;
% profit = 20.75/100 = 20.75%
Aaradhana buys rice at Rs.10/kg and sell it in order to earn a profit of 40%. However, her faulty balance shows 1000gm when it is actually 800gm. What is her actual gain percentage?- a)35%
- b)70%
- c)75%
- d)25%
- e)None of the Above
Correct answer is option 'C'. Can you explain this answer?
Aaradhana buys rice at Rs.10/kg and sell it in order to earn a profit of 40%. However, her faulty balance shows 1000gm when it is actually 800gm. What is her actual gain percentage?
a)
35%
b)
70%
c)
75%
d)
25%
e)
None of the Above
| | Ravi Singh answered |
Let price of 1 kg rice = Rs.10.
CP of 800 gm rice = Rs.8.
She wants to earn a profit of 40% on per Kg
SP = 10 + 40% of 10 = Rs. 14 per kg.
Faulty balance shows 800 gm = 1000 gm (1 kg)
She sells 800 gm for Rs.14.
Profit = 14 – 8 = Rs. 6.
Profit(%) = 6/8 * 100 = 75%.
CP of 800 gm rice = Rs.8.
She wants to earn a profit of 40% on per Kg
SP = 10 + 40% of 10 = Rs. 14 per kg.
Faulty balance shows 800 gm = 1000 gm (1 kg)
She sells 800 gm for Rs.14.
Profit = 14 – 8 = Rs. 6.
Profit(%) = 6/8 * 100 = 75%.
A dealer sells a table for Rs 460 making a profit of 10%. He sells another table at a loss of 5% and on the whole he makes neither profit nor loss. What did the second table cost him- a)836
- b)822
- c)832
- d)842
- e)None of these
Correct answer is option 'A'. Can you explain this answer?
A dealer sells a table for Rs 460 making a profit of 10%. He sells another table at a loss of 5% and on the whole he makes neither profit nor loss. What did the second table cost him
a)
836
b)
822
c)
832
d)
842
e)
None of these
| | Yash Patel answered |
no loss/ no profit means cp = sp i.e. cp1 + cp2 = sp1 + sp2
sp1 = 460 = (115/100)*cp1
sp2 = (95/100)*cp2
(460*100)/115 + cp2 = 460 + (95/100)*cp2
Cp2 = 836.36
sp1 = 460 = (115/100)*cp1
sp2 = (95/100)*cp2
(460*100)/115 + cp2 = 460 + (95/100)*cp2
Cp2 = 836.36
Mukesh and Rakesh wants to make 25% profit on selling good. Mukesh calculating it on cost price while Rakesh on the selling price, the difference in the profits earned by both being Rs. 100 and selling price being the same in both the cases. Find out the Selling Price of both goods?- a)Rs.1500
- b)Rs.1600
- c)Rs.1200
- d)Rs.2000
- e)None of these
Correct answer is option 'D'. Can you explain this answer?
Mukesh and Rakesh wants to make 25% profit on selling good. Mukesh calculating it on cost price while Rakesh on the selling price, the difference in the profits earned by both being Rs. 100 and selling price being the same in both the cases. Find out the Selling Price of both goods?
a)
Rs.1500
b)
Rs.1600
c)
Rs.1200
d)
Rs.2000
e)
None of these
| | Rajeev Kumar answered |
Profit = 25% = 1/4
Let CP of Mukesh’s article = 4x & Profit = x; SP = 4x + x = 5x
Let CP of Rakesh’s article = 4y = 5x —(1)[Selling price of Mukesh’s article = Cost Price of Rakesh’s article] x – y = 100—-(2)
y = 500
Selling price = 5x = 4y = 2000
Let CP of Mukesh’s article = 4x & Profit = x; SP = 4x + x = 5x
Let CP of Rakesh’s article = 4y = 5x —(1)[Selling price of Mukesh’s article = Cost Price of Rakesh’s article] x – y = 100—-(2)
y = 500
Selling price = 5x = 4y = 2000
A company declared 20 percent discount on its garments. Rakesh bought garments worth rupees 30000 after getting discount. Now he fixed the selling price of the garments in such a way that he got a profit of 15 percent on the marked price. Find the selling price of the garments.- a)34000
- b)34225
- c)35625
- d)36000
- e)None of these
Correct answer is option 'C'. Can you explain this answer?
A company declared 20 percent discount on its garments. Rakesh bought garments worth rupees 30000 after getting discount. Now he fixed the selling price of the garments in such a way that he got a profit of 15 percent on the marked price. Find the selling price of the garments.
a)
34000
b)
34225
c)
35625
d)
36000
e)
None of these
| | Rajeev Kumar answered |
(80/100)*MP = 30000
MP = 37500, CP = 30000
Profit = (15/100)*37500 =5625
SP = 30000+5625 = 35625 rupee
MP = 37500, CP = 30000
Profit = (15/100)*37500 =5625
SP = 30000+5625 = 35625 rupee
A tradesman marks the price of his goods such that after allowing a discount of 25%, he earns a profit of 40%. What is the marked price of an article whose cost price is Rs.180?- a)285
- b)336
- c)358
- d)375
- e)390
Correct answer is option 'B'. Can you explain this answer?
A tradesman marks the price of his goods such that after allowing a discount of 25%, he earns a profit of 40%. What is the marked price of an article whose cost price is Rs.180?
a)
285
b)
336
c)
358
d)
375
e)
390
| | Nikita Singh answered |
S.P = (100+profit%)*cp /100 = 140*180/100 = 252
M.P – 25% of M.P = SP
X – 25/100 X = 252
X = 336
M.P – 25% of M.P = SP
X – 25/100 X = 252
X = 336
A vendor sold two magazines namely A and B. He sold magazine ‘A’ at a loss of 30% and magazine ‘B’ at a profit of 35% but finally there is no loss or no gain. If the total Selling price of both magazines is Rs.572. Find the difference between the Cost Price of Magazine ‘A’ and ‘B’?- a)Rs. 32
- b)Rs. 44
- c)Rs. 56
- d)Rs. 62
- e)None of the Above
Correct answer is option 'B'. Can you explain this answer?
A vendor sold two magazines namely A and B. He sold magazine ‘A’ at a loss of 30% and magazine ‘B’ at a profit of 35% but finally there is no loss or no gain. If the total Selling price of both magazines is Rs.572. Find the difference between the Cost Price of Magazine ‘A’ and ‘B’?
a)
Rs. 32
b)
Rs. 44
c)
Rs. 56
d)
Rs. 62
e)
None of the Above
| | Future Foundation Institute answered |
30% of x = 35% of y ; x + y = 572
x/y = 7/6
Difference = Rs.44
x/y = 7/6
Difference = Rs.44
An article passing threw two hands, is sold at profit of 40 % at the original price , if the first dealer makes a profit of 15 % , then the profit made by second dealer.- a)25%
- b)26%
- c)18%
- d)22%
- e)None of the
Correct answer is option 'D'. Can you explain this answer?
An article passing threw two hands, is sold at profit of 40 % at the original price , if the first dealer makes a profit of 15 % , then the profit made by second dealer.
a)
25%
b)
26%
c)
18%
d)
22%
e)
None of the
| | Kavya Saxena answered |
Total Profit = [P1 + P2 +(P1*P2/100)] 40 = 15 + P2 + (15*P2)
25-p2 = 15P2/100
2500 = 15p2+100p2
P2 = 2500/115 = 21.7% = 22%
25-p2 = 15P2/100
2500 = 15p2+100p2
P2 = 2500/115 = 21.7% = 22%
The percent profit when an article is sold for rupees 400 is twice than when the same article is sold for 250. The cost price of the article is-- a)100
- b)150
- c)180
- d)200
- e)None of these
Correct answer is option 'A'. Can you explain this answer?
The percent profit when an article is sold for rupees 400 is twice than when the same article is sold for 250. The cost price of the article is-
a)
100
b)
150
c)
180
d)
200
e)
None of these
| | Aarav Sharma answered |
Given:
- The selling price of the article is Rs. 400 and Rs. 250.
- The percent profit when the article is sold for Rs. 400 is twice than when it is sold for Rs. 250.
To find:
The cost price of the article.
Assumption:
Let's assume that the cost price of the article is Rs. x.
Calculation:
1. Profit when the article is sold for Rs. 400:
- Selling price = Rs. 400
- Cost price = Rs. x
- Profit = Selling price - Cost price = 400 - x
2. Profit when the article is sold for Rs. 250:
- Selling price = Rs. 250
- Cost price = Rs. x
- Profit = Selling price - Cost price = 250 - x
3. According to the given information, the percent profit when the article is sold for Rs. 400 is twice than when it is sold for Rs. 250. Mathematically,
Profit when sold for Rs. 400 = 2 * Profit when sold for Rs. 250
4. Substituting the values from step 1 and step 2:
400 - x = 2(250 - x)
5. Solving the equation:
400 - x = 500 - 2x
x - 2x = 500 - 400
-x = 100
x = -100
Conclusion:
The cost price of the article cannot be negative. Therefore, the given information or equation does not give a valid solution. The correct answer should be "None of these" as there is no valid cost price that satisfies the given conditions.
- The selling price of the article is Rs. 400 and Rs. 250.
- The percent profit when the article is sold for Rs. 400 is twice than when it is sold for Rs. 250.
To find:
The cost price of the article.
Assumption:
Let's assume that the cost price of the article is Rs. x.
Calculation:
1. Profit when the article is sold for Rs. 400:
- Selling price = Rs. 400
- Cost price = Rs. x
- Profit = Selling price - Cost price = 400 - x
2. Profit when the article is sold for Rs. 250:
- Selling price = Rs. 250
- Cost price = Rs. x
- Profit = Selling price - Cost price = 250 - x
3. According to the given information, the percent profit when the article is sold for Rs. 400 is twice than when it is sold for Rs. 250. Mathematically,
Profit when sold for Rs. 400 = 2 * Profit when sold for Rs. 250
4. Substituting the values from step 1 and step 2:
400 - x = 2(250 - x)
5. Solving the equation:
400 - x = 500 - 2x
x - 2x = 500 - 400
-x = 100
x = -100
Conclusion:
The cost price of the article cannot be negative. Therefore, the given information or equation does not give a valid solution. The correct answer should be "None of these" as there is no valid cost price that satisfies the given conditions.
What will be percentage profit after selling an article at a certain price if there is a loss of 30% when the article is sold at 1/3 of the previous selling price?- a)80%
- b)90%
- c)100%
- d)110%
- e)None of these
Correct answer is option 'D'. Can you explain this answer?
What will be percentage profit after selling an article at a certain price if there is a loss of 30% when the article is sold at 1/3 of the previous selling price?
a)
80%
b)
90%
c)
100%
d)
110%
e)
None of these
| | Alok Verma answered |
sp/3 = (70/100)*cp
sp = (210/100)*cp
now profit percent = [[(210/100)*cp – cp]/cp]*100 = 110
sp = (210/100)*cp
now profit percent = [[(210/100)*cp – cp]/cp]*100 = 110
A, B and C invests rupees 2000, 8000 and 10000 respectively in a business. At the end of the year the balance sheet shows a loss of 40% of the initial investment. Find the share of loss of B.- a)2200
- b)2800
- c)3000
- d)3200
- e)None of these
Correct answer is option 'D'. Can you explain this answer?
A, B and C invests rupees 2000, 8000 and 10000 respectively in a business. At the end of the year the balance sheet shows a loss of 40% of the initial investment. Find the share of loss of B.
a)
2200
b)
2800
c)
3000
d)
3200
e)
None of these
| | Alok Verma answered |
Total loss after one year = 20000*40/100 = 8000
share of B = (4/10)*8000 = 3200
share of B = (4/10)*8000 = 3200
A milkman buys some milk. If he sells it at rupees 10 a litre, he losses 800 rupees but when he sells it at 12 a litre, he gains 600 rupees. How much milk did he purchase ?- a)200 litre
- b)350 litre
- c)500 litre
- d)700 litre
- e)None of these
Correct answer is option 'D'. Can you explain this answer?
A milkman buys some milk. If he sells it at rupees 10 a litre, he losses 800 rupees but when he sells it at 12 a litre, he gains 600 rupees. How much milk did he purchase ?
a)
200 litre
b)
350 litre
c)
500 litre
d)
700 litre
e)
None of these
| | Aarav Sharma answered |
Given, selling milk at Rs.10/litre results in a loss of Rs.800 and selling it at Rs.12/litre results in a profit of Rs.600.
Let's assume the milkman purchased x litres of milk.
Loss incurred when selling at Rs.10/litre = Cost price - Selling price = 0 - 800 = -800
Profit earned when selling at Rs.12/litre = Selling price - Cost price = 600 - 0 = 600
We can write two equations based on the given information:
10x - 800 = 0 (Selling at Rs.10/litre)
12x - 0 = 600 (Selling at Rs.12/litre)
Solving these equations, we get:
x = 700 litres
Therefore, the milkman purchased 700 litres of milk.
Let's assume the milkman purchased x litres of milk.
Loss incurred when selling at Rs.10/litre = Cost price - Selling price = 0 - 800 = -800
Profit earned when selling at Rs.12/litre = Selling price - Cost price = 600 - 0 = 600
We can write two equations based on the given information:
10x - 800 = 0 (Selling at Rs.10/litre)
12x - 0 = 600 (Selling at Rs.12/litre)
Solving these equations, we get:
x = 700 litres
Therefore, the milkman purchased 700 litres of milk.
By selling 55 meters of cloth a merchant gains the cost price of 11 meters. Find his gain percent?- a)10%
- b)15%
- c)20%
- d)30%
- e)None of these
Correct answer is option 'C'. Can you explain this answer?
By selling 55 meters of cloth a merchant gains the cost price of 11 meters. Find his gain percent?
a)
10%
b)
15%
c)
20%
d)
30%
e)
None of these
| | Rajeev Kumar answered |
55sp – 55cp = 11cp, 55sp = 66cp
let cost price is one rupee, then cp of 55 meter of cloth = 55 and sp of 55 meter of cloth = 66
so % profit = (11/55)*100 = 20%
let cost price is one rupee, then cp of 55 meter of cloth = 55 and sp of 55 meter of cloth = 66
so % profit = (11/55)*100 = 20%
A shopkeeper bought 120 chairs at the rate of 250 each. He spends 3000 rupees on transportation. He marked the price of each chair at 400 rupee. On the marked price he gives 10% discount, and then find the profit incurred by the shopkeeper.- a)350/11%
- b)340/11%
- c)330/13%
- d)330/11%
- e)None of these
Correct answer is option 'B'. Can you explain this answer?
A shopkeeper bought 120 chairs at the rate of 250 each. He spends 3000 rupees on transportation. He marked the price of each chair at 400 rupee. On the marked price he gives 10% discount, and then find the profit incurred by the shopkeeper.
a)
350/11%
b)
340/11%
c)
330/13%
d)
330/11%
e)
None of these
| | Faizan Khan answered |
cost price of each chair = 250 + 3000/120 = 275
selling price = 400*90/100 = 360
% profit = [(360 – 275)/275]*100
selling price = 400*90/100 = 360
% profit = [(360 – 275)/275]*100
A shopkeeper sold certain articles at 380 after giving a discount of 5 percent. If the discount is not given he would have been gain 20 percent. What is the cost price of the articles (approx.)- a)332
- b)333
- c)334
- d)335
- e)None of these
Correct answer is option 'B'. Can you explain this answer?
A shopkeeper sold certain articles at 380 after giving a discount of 5 percent. If the discount is not given he would have been gain 20 percent. What is the cost price of the articles (approx.)
a)
332
b)
333
c)
334
d)
335
e)
None of these
| | Yash Patel answered |
(95/100)*MP = 380. Mp = 400
400 = (120/100)*Cp
CP = 333.33
400 = (120/100)*Cp
CP = 333.33
A dealer sells a goat for rupees 600 and there by gains 20 percent. He sells another goat at 5 percent loss and on the whole there is no loss no profit. Find the cost price of the second goat- a)1000
- b)2000
- c)3000
- d)4000
- e)None of these
Correct answer is option 'B'. Can you explain this answer?
A dealer sells a goat for rupees 600 and there by gains 20 percent. He sells another goat at 5 percent loss and on the whole there is no loss no profit. Find the cost price of the second goat
a)
1000
b)
2000
c)
3000
d)
4000
e)
None of these
| | Aarav Sharma answered |
Let's assume the cost price of the second goat is x rupees.
Selling the first goat at a 20% profit:
The selling price of the first goat is 600 rupees, which is 120% of the cost price.
So, we can write the equation:
120% of x = 600
Simplifying the equation, we have:
(120/100) * x = 600
1.2 * x = 600
x = 600/1.2
x = 500
Therefore, the cost price of the second goat is 500 rupees.
Selling the second goat at a 5% loss:
Now, let's calculate the selling price of the second goat.
Since the overall transaction results in no loss or profit, the selling price of the second goat should be equal to its cost price.
The selling price of the second goat is 95% of the cost price.
So, we can write the equation:
95% of x = x
Simplifying the equation, we have:
(95/100) * x = x
0.95 * x = x
0.05 * x = 0
This equation implies that the cost price of the second goat is zero, which is not possible. Therefore, there is an error in the given options. The correct answer cannot be determined based on the information provided.
Hence, the correct answer is None of these.
Selling the first goat at a 20% profit:
The selling price of the first goat is 600 rupees, which is 120% of the cost price.
So, we can write the equation:
120% of x = 600
Simplifying the equation, we have:
(120/100) * x = 600
1.2 * x = 600
x = 600/1.2
x = 500
Therefore, the cost price of the second goat is 500 rupees.
Selling the second goat at a 5% loss:
Now, let's calculate the selling price of the second goat.
Since the overall transaction results in no loss or profit, the selling price of the second goat should be equal to its cost price.
The selling price of the second goat is 95% of the cost price.
So, we can write the equation:
95% of x = x
Simplifying the equation, we have:
(95/100) * x = x
0.95 * x = x
0.05 * x = 0
This equation implies that the cost price of the second goat is zero, which is not possible. Therefore, there is an error in the given options. The correct answer cannot be determined based on the information provided.
Hence, the correct answer is None of these.
Rahul bought 20kg of rice at rupees 30 per kg and 40 kg of rice at 35 rupees per kg. Now he sold the entire lot at 45 rupees per kg. Find the amount of loss and profit made by rahul.- a)650
- b)700
- c)750
- d)800
- e)None of these
Correct answer is option 'B'. Can you explain this answer?
Rahul bought 20kg of rice at rupees 30 per kg and 40 kg of rice at 35 rupees per kg. Now he sold the entire lot at 45 rupees per kg. Find the amount of loss and profit made by rahul.
a)
650
b)
700
c)
750
d)
800
e)
None of these
| | Rajeev Kumar answered |
total cost price = 20*30 + 40*35 = 2000
total selling price = 45*60 = 2700
profit made = 700
total selling price = 45*60 = 2700
profit made = 700
A shopkeeper bought 120 chairs at the rate of 250 each. He spends 3000 rupees on transportation. He marked the price of each chair at 400 rupee. On the marked price he gives 10% discount, then find the profit incurred by the shopkeeper.- a)340/11%
- b)350/11%
- c)330/13%
- d)330/11%
- e)None of these
Correct answer is option 'A'. Can you explain this answer?
A shopkeeper bought 120 chairs at the rate of 250 each. He spends 3000 rupees on transportation. He marked the price of each chair at 400 rupee. On the marked price he gives 10% discount, then find the profit incurred by the shopkeeper.
a)
340/11%
b)
350/11%
c)
330/13%
d)
330/11%
e)
None of these
| | Bank Exams India answered |
cost price of each chair = 250 + 3000/120 = 275
selling price = 400*90/100 = 360
% profit = [(360 – 275)/275]*100
selling price = 400*90/100 = 360
% profit = [(360 – 275)/275]*100
By selling 22 meters of cloth a shopkeeper gains cost price of 4 meter cloth. Find the percent profit/loss occurred by the shopkeeper.- a)profit 200/9 %
- b)loss 200/11 %
- c)profit 200/11 %
- d)loss 200/11 %
- e)None of these
Correct answer is option 'C'. Can you explain this answer?
By selling 22 meters of cloth a shopkeeper gains cost price of 4 meter cloth. Find the percent profit/loss occurred by the shopkeeper.
a)
profit 200/9 %
b)
loss 200/11 %
c)
profit 200/11 %
d)
loss 200/11 %
e)
None of these
 | Vertex Academy answered |
You are told that by selling 22 meters of cloth, the shopkeeper gains the cost price of 4 meters.
Step 1: Assume the cost price (CP) per meter is 1 unit (just to make calculations easy).
- So, the cost price of 22 meters = 22 units.
- The profit is equal to the cost price of 4 meters = 4 units.
- Therefore, the selling price (SP) = cost price + profit = 22 + 4 = 26 units.
Step 2: Calculate the profit percentage.
Profit percentage = (Profit / Cost Price) × 100
= (4 / 22) × 100
= 400 / 22
= 200 / 11 percent
= (4 / 22) × 100
= 400 / 22
= 200 / 11 percent
So, the shopkeeper makes a profit of 200/11 percent.
The correct answer is c) profit 200/11 %.
Rohit bought an article at 25 percent discount on labelled price. He again sells the article at 20 percent on labelled price. Find the percent profit earned by rohit in whole transaction- a)30%
- b)40%
- c)50%
- d)60%
- e)None of these
Correct answer is option 'D'. Can you explain this answer?
Rohit bought an article at 25 percent discount on labelled price. He again sells the article at 20 percent on labelled price. Find the percent profit earned by rohit in whole transaction
a)
30%
b)
40%
c)
50%
d)
60%
e)
None of these
| | Preeti Khanna answered |
Let labelled price is 100. Rohit bought it for 75 after getting 25% discount.
Now he sells the article at (120/100)*100 = 120. So % profit he earns = (45/75)*100 =60
Now he sells the article at (120/100)*100 = 120. So % profit he earns = (45/75)*100 =60
Chapter doubts & questions for Profit & Loss - Quantitative Aptitude for SSC CGL 2026 is part of SSC CGL exam preparation. The chapters have been prepared according to the SSC CGL exam syllabus. The Chapter doubts & questions, notes, tests & MCQs are made for SSC CGL 2026 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests here.
Chapter doubts & questions of Profit & Loss - Quantitative Aptitude for SSC CGL in English & Hindi are available as part of SSC CGL exam. Download more important topics, notes, lectures and mock test series for SSC CGL Exam by signing up for free.
Quantitative Aptitude for SSC CGL316 videos|366 docs|157 tests |
