Quantitative Aptitude: Profit and Loss Set 19

  1. The mercahnt sold a sofa Rs. 5000with 10% discount on it.what would be the selling price of the sofa if he gave 20% discount?
    Option A
    MP *90/100 = 5000
    Mp= 5000*90/100 = Rs.4500
    SP with 21% discount=4500/90 * 100 *80/100 = Rs.4000


  2. Rs.1700 glass bottle is offered 18% discount and Rs.2850 glass flower vase at 30% discount. If we buy 18 glass bottle and 34 glass vase how much
    approximate discount will get?
    Option B
    Total discount = 1700 * 18 *18 /100 + 2850 *34 *30/100 =8415
    d% = 8415/ ( 1700*18 + 2850*34) *100
    d% = 6.6%
    d%= 7%


  3. In a city a seller buys a cycle and TV for Rs.65,000. He sold the cycle at a profit 20% and the TV at a loss of 15% . If he sold both the things at the same price then what is the cost price of cheaper thing ?
    Option C
    Cycle + Tv= Rs.65,000
    Cycle * 120/100 = TV * 85/100
    cycle : TV= 85:120 =17:24
    Hence 17/ 41 * 65,000 = Rs.26951


  4. A seller marked the price of the article so as it included profit 25%.He allowed discount 0f 165 on the marked price. Find his actual profit ?
    Option E
    Let the CP be rs.100
    Then marked price = rs 125
    SP = 84 /100 * 125 =Rs.105
    Profit % = 105 -100 % = 5%


  5. Hari allows a trade discount of 10% and a cash discount 6% on the marked price of the goods and gets a net gain of 10% of the cost.
    Find how much price be marked for the sale?
    Option A
    discount = (10 +6 – 10* 6/100 )%
    =15.4%= 15%
    x*85/100= 110
    =>x =129.4
    =>reqiured percentage = 29%


  6. A person allows 20% discount on the marked price and there is a loss of 15% . If he sold his things at the marked price ,then find out the profit percentage?
    Option A
    80x/100 = 100 – 15 = 85
    =>x= 850/8 which he sells at marked price.
    profit = 850/8 – 100 = 50/8 = 6. 25 %


  7. Gokul sold his goods in such a way that even after allowing 25% discount on cash , he gains 40%.If the cost price of the thing is Rs.280, Then what is the marked price of the thing?
    Option B
    Let the marked price be x
    Then 100- 25 % of x = 280 + 40% of 280
    => 75%of x= 392


  8. If the manufacturer gains 5 %, the wholesale dealer 10 % and the retailer 20 %, then find the cost of production of a table if the retail price was Rs 5000
    Option B
    Let the cost of Production = Rs. P
    Then, as per question,

    =>693/500 * P=5000
    =>P=Rs.3607. 50


  9. Seetha gains 10% by selling her craft for a certain price. If she sells it at double the price, the percentage of profit will be.
    Option B
    Let the C.P. = x,
    Then S.P. = (110/100)x = 11x/10
    New S.P. = 2(11x/10) = 22x/10

    Profit = 22x/10 – x = 12x/10

    Profit% = (Profit/C.P.) * 100
    => (12x/10) * (1/x) * 100 = 120 %


  10. A car is sold for Rs. 1,40,000 with a loss of 30%. At what price it should be sold to get profit of 15%.
    Let at Rs x it can earn 15% pr0fit
    70:1,40,000 = 115:x

    x = (1,40,000*115)/70
    = Rs.2, 30,000


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