Quantitative Aptitude: Profit and Loss Set 26

  1. A scooter and a bike were sold for rs. 9100 each. The scooter was sold at a loss of 30% and the bike at a gain of 30%. The entire transactions has resulted in how much amount loss?
    1800
    1400
    1100
    1600
    1700
    Option A
    Total SP on scooter and bike =9100+9100
    According to question,
    Total SP on both =9100/70*100+
    9100/130*100 =13000+7000=20,000
    The result in whole transaction is = 20,000-18,200=1800 loss.

     

  2. The selling price of a book decreased by〖33〗_3^1 but the revenue generated by the sale of DVDs remained same. What is the percentage increase in the number of DVDs sold ?
    40%
    50%
    30%
    20%
    10%
    Option B
    Let the old SP and revised SP =3x and 2x
    Price * no. items =Revenue
    ATQ, revenue in both case is equal
    Then , Ratio of no. of times = 2.3
    revenue = 3x*2 =2x*3
    increased in no. of times =1/2*100 =50%

     

  3. The cost price 20 articles is the same as the selling price of x articles . If the profit is 25%, then the value of x is,
    14 articles
    16 articles
    17 articles
    18 articles
    19 articles
    Option B
    CP of 20 articles = SP of x articles
    CP/SP= x/20
    profit= 20-x
    profit%= 20x-x/x*100
    25=20-x/x*100
    x=16 articles

     

  4. A loss of 19% is converted to profit of 17%, when the selling price of articles is increased by rs. 360. Find the cost price of article.
    2000
    1000
    3000
    4000
    5000
    Option B
    Let CP of articel = 100
    Difference in % increased in profit and loss =+17-(-19) = 17+19 =36%
    36%=360
    CP=360/36*100= 1000

     

  5. A person earns a profit of 20% by selling the pen after allowing a discount of 15% . If marked price of the pen is 600. Then find the cost price of the pen.
    324
    425
    556
    226
    110
    Option B
    CP= 600*85/100*100/120=rs 425

     

  6. A man buys a rice packet for rs.3600. He sells 1/3rd at a loss of 20% and 2/5th at a loss of 25%. At what price must he sell the remaining rice so as make an overall profit of 10%?
    1400
    1200
    1800
    2000
    none of these
    Option B
    Total CP= rs.3600
    overall profit=10%
    total SP=3600*110/100=3960
    ATQ, in 1st case CP=1/3rd of 3600=1200
    loss=20%
    SP=960
    in 2nd case CP=2/5th 3600=1440
    profit=25%
    SP=1440*125/100=1800
    total SP in both cases=1800+960=2760
    remaining SP=3960-2760=1200

     

  7. A shopkeeper marked MRP of a product after giving 10% discount, he earns 20% profit. What will be his profit or loss percent if he allows a discount of 15%?
    40/3
    25/3
    20/3
    10/3
    none of these
    Option A
    Let MP be rs.100x
    SP=rs.90x
    CP=90x*100/120=75x
    new SP=100-15=85x
    profit%=10/75*100=40/3%

     

  8. Sriman sold a table for rs.950. If he had sold it for rs.50 more, the selling price would be 25% more than cost price, what is the profit percent when article is sold for rs.200 more than original selling price?
    40
    38
    42.75
    43.75
    50
    Option D

     

  9. A book vendor sold a book at a loss of 10%. Had he sold it for rs.108 more, he would have earned a profit of 10%. Find the CP of book.
    540
    630
    600
    580
    none of these
    Option A
    Let CP of book=100x
    loss=10%
    SP=90x
    when,profit 10%, SP=110x
    difference in SP=110x-90x=20x
    CP=108/20x*100x=rs.540

     

  10. One trader calculates the percentage of profit of a ticket on the buying price and another calculates on the selling price. When their selling price are the same, then difference of their actual profit is rs.80 and both claim to have made 20%profit. What is the selling price of each.
    2000
    3200
    3400
    2800
    2400
    Option E
    Let CP of ticket in both cases=100x
    profit=20%
    in 1st case CP=100x
    when profit 20% on CP, profit=20x
    SP=120x
    in 2nd case, CP=100x
    SP=120x
    when profit 20% on SP, profit=24x
    difference of profit in both cases,4x=80
    SP of ticket=80/4x*120x=2400

     

 

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