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Profit and Loss Gr8AmbitionZ PDF
Profit and Loss Gr8AmbitionZ PDF
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Q. 1. What profit/loss percent did Ravi earn if he purchased an item of Rs.5,600 and sold it at three-fourth
of its cost price?
Z.
(a) Loss of 20 percent
(b) Gain of 25 percent
(c) Neither gain or loss
(d) Loss of 15 percent
(e) None of these
Explanation: Q.1.
ion
C.P. = Rs.5600
bit
S.P. = Rs.5600x ¾ = Rs.4200
Loss = Rs.5600-4200 = Rs.1400
Loss percentage = 1400x100/5600 = 25%.Ans.
Q.2. The owner of a cell phone shop charges his customer 23% more than the cost price. If a customer
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paid Rs.7,011 for a cell phone, then what was the cost price of the cell phone?
(a) Rs.5,845
(b) Rs.6,750
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(c) Rs.5,900
(d) Rs.6,925
(e) None of these
Explanation: Q.2.
123% of CP =SP
Therefore, CP = Rs.7,011x100/123 = Rs.5700. Ans.
Q.3. The cost price of 16 articles is the same as the selling price of 12 articles. Find the loss/profit
percentages.
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(a) 30% (b) 32.50% (c) 331/3% (d) 40% (e)None of these
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Explanation. Q.3.
The gain is 4 out of 12 articles.
Therefore, gain percentage = 4x100/12 = 100/3 = 331/3%. Ans.
Z.
Q.4. Raju purchased an item for Rs.4,500 and sold it at the gain of 15%. From that amount he purchased
another item and sold it at the loss of 10%. What is his overall gain/loss?
(a) Gain of Rs.151.50 (b) Gain of Rs.157.50 (c) Loss of Rs.165
Q.5. A shopkeeper labeled the price of his articles so as to earn a profit of 30% on the cost price. He then
sold the articles by offering a discount of 10% on the labeled price. What is the actual percent profit
earned in the deal?
8A
Explanation Q.5.
Let the CP of the article = Rs.100.
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Q.6. Profit earned by an organization is distributed among officers and clerks in the ratio of 5:3
respectively. If the number of officers is 45 and the number of clerks is 80 and the amount received by
each officer is Rs.25,000/-, what was the total amount of profit earned?
(a)Rs.22 lakhs (b)Rs.18.25 lakhs (c)Rs.18 lakhs (d)Rs.23.25 lakhs (e) None of these
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Ans: (c) Rs.18 lakhs.
Explanation Q.6.
Z.
The total amount distributed among 45 officers = Rs.45x25000 = Rs.1125000.
Let the amount distributed to 80 clerks be ‘x’.
Then 1125000/x = 5/3, therefore, x = Rs.675000.
Therfore, the Total profit = Rs.1125000 + 675000 = Rs.18 lakhs. Ans.
pens?
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Q.7. The cost of 8 gel pens and 12 ball pens is Rs.82. What would be the cost of 36 gel pens and 54 ball
Q.8. A merchant sells his two cars – one at 15% loss and another at 12% profit. If the cost prices of the
two cars are in the ratio of 1:2, what is his percent profit or loss?
8A
Explanation Q.8.
Given that CPs are in the ratio 1:2
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Profit percent = 9x100/300 = 3% profit. Ans.
Q.9. The profit earned after selling an article for Rs.675 is twice the loss incurred after selling the article
for Rs.435. What is the cost price of the article?
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(a)Rs.450 (b)Rs.595 (c)Rs.400 (d)Rs.450 (e)None of these
Z.
Explanation Q.9.
Let ‘x’ be the CP of the article.
i.e. Rs.675-x = 2(x-435)
675-x = 2x-870
675+870 = 3x, therefore, x=1545/3 =Rs.515. Ans.
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Q.10. Mohan purchased 15 kgs of rice at the rate of Rs.26 per kg and 8 kgs of pulses at the rate of Rs.26
per kg. Whaat is the total amount that he paid to the shopkeeper?
(a)Rs.598 (b)Rs.594 (c)Rs.596 (d)Rs. 595 (e) None of these
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Ans:(a) Rs.598.
Explanation Q.10.
Price of 15 kgs of rice at Rs.26/kg = 15x26 = Rs.390
Price of 8 kgs of pulses at Rs.26/kg = 8x26 = Rs.208
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Q.11. Suhas sold an item for Rs.7500 and incurred a loss of 25%. At what price, should he have sold the
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Ans: (b)Rs.12500.
Explanation Q.11.
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Q.12. Maria earned a profit of 30% on selling an article for Rs.6110. What was the cost price of the
article?
(a)Rs.5725 (b)Rs.4080 (c)Rs.5250 (d)Rs.4400 (e)None of these
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Ans:(e)None of these
Explanation Q.12.
30% profit means, SP= 130% of CP
Z.
i.e. 130% of CP= Rs.6110. Therefore, CP = 6110x100/130 = Rs.4700.Ans.
Q.13. If the cost of 15 kgs of rice is Rs.780/-, what is the cost of 112 kgs of rice?
(a)Rs.5824/- (b)Rs.5720/- (c)Rs.5616/- (d) Rs.5512/- (e) None of these
Explanation Q.13.
ion
Cost of 1 kg of rice = Rs.780/15 = Rs.52.
Therefore, cost of 112 kgs. = Rs.52x112 = Rs.5824/- Ans.
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Q.14. Nilesh sold an item for Rs.6400/- and incurred a loss of 20%. At what price should he have sold the
item to have gained a profit of 20%?
(a)Rs.7800 (b)Rs.9600 (c)Rs.8750 (d)Cannot be determined (e)None of these
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Explanation Q.14.
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Q.15. The owner of an electronic store charges his customer 14% more than the cost price. If a customer
paid Rs.1,65300 for an LED TV, then what was the original price of the TV?
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:. CP = 165300x100/140 = Rs.145000.Ans.
Q.16. The cost of 8 sharpeners and 12 pens is Rs.76/-. What is the cost of 20 sharpeners and 30 pens?
(a)Rs.172 (b)Rs.186 (c)Rs.190 (d) Rs.195 (e)None of these
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Ans: (c) Rs.190
Explanation Q.16.
Z.
From the above statement we have,
The cost of 4 sharpeners + 6 pens = Rs.38/-
Multiplying each term by 5, we get
20 sharpeners + 30 pens = Rs.38x5 =Rs.190 Ans.
(a)Rs.5725/- (b)Rs.5080/-
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Q.17. Sujit incurred a loss of 45% on selling an article for Rs.3740/-. What was the cost price of the
article?
(c)Rs.6250/- (d)Rs.6400/- (e)None of these
Q.18. The cost of 3 pens and 5 pencils is Rs.100. Also the cost of one pen and one pencil is in the ratio of
5:1 respectively. What is the cost of one dozen pens?
(a)Rs.200 (b)Rs.250 (c)Rs.300 (d)Rs.150 (e)None of these
8A
Explanation Q.18.
Let the cost of one pen is ‘5x’ and pencil is ‘x’
3 X 5x + 5x = Rs.100
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15x + 5x = Rs.100
X = 100/20 = 5
:. Cost of 1 pen = 5x = 5 x 5 = 25
:. Cost of 12 pens, i.e. (one dozen) = 25 x 12 = Rs.300. Ans.
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Q.19. Mrudul invested an amount of Rs.29500/- in order to start a business. Shalaka joined her 4 months
later by investing an amount of Rs.33500/-. If the business earned a profit of Rs.120575/- at the end of
two years, what was Mrudul’s share of the profit?
(a)Rs.60725/- (b)Rs.61950/- (c)Rs.59250/- (d)Rs.58625/- (e)None of these
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Ans: (b) Rs.61950/-
Explanation Q.19.
Ratio of Mrudul’s profit and Shalaka’s profit = 29500x24/33500x20 = 354 : 335
Z.
:. Mrudul’s share out of total profit = 120575x354/689 = Rs.61950.Ans.
Q.20. The cost of five chairs and three tables is Rs.3110. Cost of one chair is Rs.210 less than cost one
table. What is the cost of two tables and two chairs?
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(a)Rs.1660/- (b) Rs.1860/- (c)Rs.2600/- (d)Cannot be determined (e)None of these
Explanation Q.20.
Let ‘x’ be the cost of one chair
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Then cost of 1 table = x + 210
Given 5x + 3(x+210) = Rs.3110
8x = 3110 – 630 = 2480
Cost of one chair (x) = 2480/8 = 310
Cost of one table = 310 + 210 = rs.520
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Q.21. Meena bought a watch with 25% discount on the selling price. If the watch cost her Rs.1545. What
8A
Explanation Q.21.
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(a)Rs.24600 (b)Rs.25640 (c)Rs.24250/- (d)Rs.23200 (e)None of these
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Explanation Q.22.
125% of CP = Rs.30750
:. CP = Rs.30750x100/125 = Rs.24600.Ans.
Z.
Q.23. If the cost of 8 erasers and 5 sharpeners is Rs.31/-, what will be the cost of 24 erasers and 10
sharpeners?
(a)Rs.62/- (b)Rs.84/- (c)Rs.78/- (d)Cannot be determined (e)None of these
Ans: (c)Rs.78/-
Explanation Q.23.
By analysis, we get 8x2 = 16 (erasers)
5x3 = 15 (sharpeners)
ion
:.1 Eraser costs Rs.2/- and 1 sharpener costs Rs.3/-
Hence, the cost of 24 erasers + 10 sharpeners = 24x2 + 10x3 = 48+30 = Rs.78/- Ans.
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Q.24. When a shop keeper sold 2/3 of an item, he got the cost price of the whole lot. What is the
percentage of his profit?
(a)33 1/8% (b)66 2/3% (c)25% (d)50% (e)None of these
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Ans: (d)50%
Explanation Q.24.
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Q.25. If a quarter kilogram costs Rs.60 then how much will cost for 150 grams?
(a)Rs.30 (b)Rs.24 (c)Rs.36 (d)Rs.40 (e)None of these
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Ans: (c)Rs.36
Explanation Q.25.
Given 250 gms costs Rs.60/-
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Then 50 gm costs Rs.12
:.150gm costs 3 x12 =- Rs.36/-. Ans.
Q.26. Raju purchases 550 ml. of milk every day. If the cost of one litter of milk is Rs.44. How much
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amount will he pay in 45 days?
(a)Rs.1098 (b)Rs.1079 (c)Rs.1099 (d)Rs.1088 (e)None of these
Z.
Explanation Q.26.
500 ml cost Rs.22
50 ml cost Rs.2.20
:.550 ml cost Rs.24.20
For 44 days the cost of milk = 45 x 24.20
= Rs.1089/-Ans.
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Q.27. If the cost of 6 erasers and 4 sharpeners is Rs.21/-. What will be the cost of 24 erasers and 16
sharpeners?
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(a)Rs.62/- (b)Rs.84/- (c)Rs.78/- (d)Cannot be determined (e)None of these
Explanation Q.27.
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Q.28. The profit earned after selling a T-shirt for Rs.575/- is the same as loss incurred after selling the
same T-shirt for Rs.295/-. What is the cost price of the T-shirt?
(a)Rs.425/- (b)Rs.445/- (c)Rs.430/- (d)Rs.450/- (e)None of these
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Explanations Q.28.
Let ‘x’ be the CP. Then 575-x = x-295
x = Rs.435 .Ans.
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Q.29. A juice shop requires 35 kgs of sugar for seven days. How many kgs. of sugar will it require for 50
days?
(a)250 kgs (b)150 kgs (c)350 kgs (d)300 kgs (e) None of these
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Ans: (a 250 kgs
Explanation Q.29.
Z.
The daily requirement of sugar = 35/7 = 5 kgs
:. 50 day’s requirement of sugar = 50 x 5 = 250 kgs. Ans.
Q.30. A man purchases some eggs for Rs.500. 15% of the eggs break during transportation. What profit
(a)37.5
Explanation Q.30.
bit
The eggs remaining = 85%
CP of 85% eggs = 85x500/100 = Rs.425
Overall profit = 500 + 20% of 500 -CP of 85% eggs.
Rs.600 – Rs.425 = Rs.175.
:. Overall profit percent = 175x100/425 = 41.17%. Ans.
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Q.31. The owner of an electronics shop charges his customer 25% more than the cost price. If a
customer paid Rs.11,500 for a television set, then what was the cost price of the television set?
8A
:. CP = 11500x100/125
= Rs.9200/- Ans.
Q.32. 25% of the total cost of a plot of area 280 sq.ft. is Rs.132370. What is the rate per sq.ft of the plot?
(a)Rs.2091 (b)Rs.1981 (c)Rs.1991 (d)Rs.1891 (e)None of these
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Ans: (d) Rs.1891.
Explanations Q.32.
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25% = ¼
:. Cost of total area = Rs.132370x4
Rate per sq.ft = 132370x4/280 = Rs.1891/- Ans.
Z.
Q.33. A banana costs Rs.2.25 and an apple costs Rs.3.00. What will be the total cost of 4 dozen of
apples?
(a)Rs. 216 (b)Rs.108 (c)Rs.189 (d)Rs.225 (e)Rs.162
Explanations Q.33.
2.25 x 4 x 12 + 3 x 3 x 12 = Rs.216. Ans.
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Q.34. The cost of 9 kgs. of sugar is Rs.279. What is the cost of .153 kgs. of sugar?
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(a)Rs.3.377 (b)Rs.4.473 (c)Rs.4.377 (d)Rs.4.743 (e)Rs.4.347
Explanations Q.34.
The cost of .153 kgs. of sugar = 279x .153/9 = Rs.4.743 Ans.
8A
Q.35. Ranjeet purchased an item for Rs.3500 and sold it at the loss of 25%. From that amount he
purchased another item and sold it at the gain of 20%. What is his overall gain/loss?
(a)Loss of Rs.240 (b)Gain of Rs.120 (c)Loss of Rs.350 (d)Neither gain nor loss (e)None of these
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Explanation Q(35):
st
1 SP = Rs.3500 – 25% of 3500 = Rs.3500 – 875 = Rs.2625.
(24% = ¼)
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nd
2 SP = Rs.2625 + 20% of 2625 = Rs.2625 + 525 = Rs.3150.
:. Overall loss = Rs.3500 – Rs.3150 = Rs.350. Ans.
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Q.36. An order was placed for supply of carpeat of breadth 3 metres the length of carpet was 1.44 times
of breadth. Subsequently the breadth and length were increased by 25 and 40 percent respectively. At
the rate of Rs.45 per square metre, what would be the increase in the cost of the carpet?
Z.
(a)Rs.1020.6 (b)Rs.398.8 (c)Rs.437.4 (d)Rs.583.2 (e)None of these
Ans:(c) Rs.437.4
Q.37. Ajay spends 25 per cent of his salary on house rent, 5 percent on food, 15 percent travel, 10
percent on clothes and the remaining amount of Rs.27000 is saved. What is Ajay’s income?
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Explanataion Q.37:
Savings = Income – expenditure
100 – (25+5+15+10) = 45%
45% of income = Rs.27000
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(a)8 (b)9 (c)11 (d)12 (e)None of these
Ans: (a) 8
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Explanations Q.38:
Price of one calculator = Rs.690/6 = Rs.115
1. The No. of calculators which can be bought for Rs.920 = 920/115 = 8 Nos. Ans.
Z.
Q.39. The cost of 5kg of rice is equal to 17 kg of potatoes. Cost of 7 kg of rice is Rs.476. What will be the cost of
3 kg of rice and 5 kg of potatoes together?
(a)Rs.302 (b)Rs.312 (c)Rs.328 (d)Rs.304 (e)None of these
Explanation Q.39.
ion
Price of 1 kg of rice = 476/7 = Rs.68.
Price of 5 kg of rice = Rs.68 x 5 = Rs.340.
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Cost of 17 kg potatoes = Rs.340.
:. Cost of 1 kg potato = Rs.340/17 = Rs.20.
:. Cost of 3 kg rice + 5 kg potato = 3 x 68 + 5 x 20 = Rs.304. Ans.
Q.40. A trader sells 40 metres of cloth for Rs.8200 at a profit of Rs.25 per metre of cloth. How much profit will the
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Q.41. In a sale, a discount of 15% was available on all the articles. If Vinit purchased an article for Rs.4284 in the
sale. What was the actual selling price of the article?
(a)Rs.5050 (b)Rs.5000 (c)Rs.5140 (d)Rs.4950 (e)None of these
Ans: (e) None of these
Explanations Q.41.
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i.e. Rs.4284 = 85% of SP
:. SP = 4284 x 100/84 = Rs.5040.Ans.
Q.42. The cost of 4 bags and 12 purses is Rs.1520, what is the cost of 10 bags and 30 purses?
(a)Rs.3600 (b)Rs.3500 (c)Rs.4000 (d)Rs.3900 (e)None of these
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Ans: (e) None of these
Explanation Q.42.
Cost of 4 bags + 12 purses = Rs.1520
Multiply each term by 5/2, we get,
Z.
Cost of 10 bags + 30 purses = Rs.3800.Ans.
Q.43. If an amount of Rs.142136 is distributed equally amongst 163 persons, how much amount would each
person get?
(a)Rs.862 (b)Rs.872 (c)Rs.882 (d)Rs.892 (e)None of these
Ans:(a) Rs.872
Explanation Q.43. ion
Amount each person would get = Rs.142136/163 = Rs.872.Ans.
Q.44. The owner of a book shop charges his customer 28% more than the cost price. If a customer paid Rs.1408
for some books, then what was the cost price of the books?
(a)Rs.1100 (b)Rs.1111 (c)Rs.1110 (d)Rs.1000 (e)None of these
bit
Ans:(a) Rs.1100.
Explanation Q.44.
SP is 128% of CP
:. CP = 1408 x 100/128 = Rs.1100.Ans.
Q.45. Rehaan purchased a bike for Rs.54000/-. He sold it at a loss of 8 percent. With that money he again
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purchased another bike and sold it at a profit of 10 percent. What is his overall loss/profit?
(a) Loss of Rs.657/- (b) Profit of Rs. 567/- (c)Loss of Rs.648/- (d)Profit of Rs.648/- (e)None of these
Ans:(d) Profit of Rs.648/-
8A
Explanation Q.45.
st nd
1 SP = 2 CP = Rs.54000 – 8% of Rs.54000.
= Rs.54000 – Rs.4320 = Rs.49680.
nd
2 SP = Rs.49680 + 10% of Rs.49680
= Rs.49680 + Rs.4968 = Rs.54648.
Overall Profit = Rs.54648 – Rs.54000 = Rs.648.Ans.
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Q.46. The postal charges for booking a parcel of 250 gram are Rs.75. What will be the postal charges for booking
a parcel of 1.8 kilogram?
(a)Rs.600 (b)Rs.540 (c)Rs.500 (d)Rs.560 (e)None of these
Ans: (b) Rs.540/-
Explanation Q.46.
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Postal charges for 50 gm = Rs.75/5 = Rs.15
Postal charges for 100 gm = 15 x 2 = Rs.30
:. Charges for 1.8 kg. i.e.1800 gm = Rs.30 x 18 = Rs.540.Ans.
Q.47. Raju sold an item for Rs.6000 at a loss of 25%. At what cost would he have purchased that item?
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(a)Rs.7500 (b)Rs.7200 (c)Rs.8000 (d)Rs.8500 (e)None of these
Ans: (c) Rs.8000/-
Explanation Q.47.
The SP = 75% of CP = Rs.6000
Z.
:. CP = 6000 x 100/75 = Rs.8000.Ans.
Q.48. The cost of 5 kg of apples is Rs.450. The cost of 12 dozen mangoes is Rs.4320 and the cost of 4 kg of
oranges is Rs.240. What is the total cost of 8 kgs. of apples, 8 dozens of mangoes and 8 kgs. of
oranges?
(a)Rs.4020 (b)Rs.4080
Ans: (b) Rs.4080/-
Explanation Q.48.
(c)Rs.4000
Explanation Q.49.
The actual profit = Rs.675
Approximate profit percent = 675 x 100/4550 = 15% approx. Ans.
Q.50. Chamanlal purchased a mobile phone and a refrigerator for Rs.15400 and Rs.19600 respectively.
He sold mobile phone for a profit of 15 percent and the refrigerator for a loss of 20 percent. What is his
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overall loss/profit?
(a)Loss of Rs.1620 (b)Profit of Rs.1620 (c)Loss of Rs.1610 (d)No gain no loss (e)None of these
Ans: (c) Loss of Rs.1610.
Explanation Q.50.
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The total CP = Rs.15400 + Rs.19600 = Rs.35000
SP of mobile phone = 15400+ its 15% = 15400 + 2310 = Rs.17710.
SP of Fridge = 19600 – its 20% = 19600-3920 = Rs.15680.
Total SP = 17710 + 15680 = Rs.33390
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:. Overall loss = 35000 – 33390 = Rs.1610.Ans.
Q.51. Sumit bought a car at a certain praice and sold it at Rs.852150 which was 15% more than the original price.
What was the price at which Sumit bought the car?
Z.
(a)Rs.751000 (b)Rs.741000 (c)Rs.731000 (d) Cannot be determined (e)None of these
Ans: (b) Rs.741000.
Explanation Q.51
SP is 115% of CP
:. CP = 852150 x 100/115 = Rs.741000.Ans.
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Q.52. The total cost of 15 pencils and 25 sharpeners is Rs.170. What will be the cost of 57 pencils and 95
sharpeners?
(a)Rs.640 (b)Rs.646 (c)Rs.656 (d)Rs.636 (e)None of these
Ans: (b) Rs.646.
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Explanation Q.52.
Cost of 15 pencils + 25 sharpeners = Rs.170
Dividing each term by 5, we get,
Cost of 3 pencils + 5 sharpeners = Rs.34
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Q.53. Gina invests Rs.48000/- to start a business, 4 months later Shrayon joins her by investing Rs.62000/- and
another two months later Deepika joins them both by investing Rs.80000/-. At the end of one year the
business earns a profit of Rs.20661/-. What is Deepika’s share in the profit?
(a)Rs.7668/- (b)Rs.6603/- (c)Rs.7240/- (d)Rs.6390/- (e)None of these
Ans: (e) Rs.6390/-
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Explanation Q.53.
Gina : Shrayon : Deepika
Ratio of investments & Profits = 48000 x 12 : 62000 x 8 : 80000 x 6
36 : 31 : 30
Sum of Ratio =97
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:. Share of Deepika = 20661 x 30/97 = Rs.6390. Ans.
Q.54. The owner of a furniture shop charges his customers 155 more than the cost price. If a customer paid
Rs.9039/- for a sofa set, then what is the cost price of the sofa set?
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(a)Rs.7680/- (b)Rs.7860/- (c)Rs.7880/- (d)Rs.7660/- (e)None of these
Ans: (b) Rs.7860/-
Explanation Q.54.
Z.
SP = 115% of CP = Rs.9039/-
:. CP = 9039 x 100/115 = Rs.7860/- Ans.
Q.55. The cost of 3 chairs and 10 tables is Rs.9856. What is the cost of 6 chairs and 20 tables?
(a)Rs.4046/- (b)Rs.4928/-
Ans: (e) none of these
Explanation Q.55.
(c)Rs.4250/-
ion
(d)Rs.2940/- (e)None of these
Explanation Q.56.
SP i.e. Rs.13425 is 75% of CP
:. CP = 13425 x 100/75 = Rs.17900/-Ans.
8A
Q.57. Meena bought two fans for Rs.1200 each. She sold one at a loss of 55 and the other at a profit of 10%.
What will be the total profit percent or loss percent?
(a) 1.2% loss (b) 1.2% profit (c)2.5% profit (d)2.5% loss (e)None of these
Ans: (c) 2.5% profit
Explanation Q.57.
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st
1 SP = 1200 – (5% of it) = 1200 – 60 = Rs.1140.
nd
2 SP = 1200 – (10% of it) = 1200 + 120 = Rs.1320.
Total SP = Rs.1140 + Rs.1320 = Rs.2460.
Total CP = 2400
Profit = 2460 – 2400 = Rs.60.
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Profit percent = 60 x 100/2400 = 60/24 = 2.5% Ans.
Q.58. Mr. Baljit purchased 100 pieces of an article at the rate of Rs.480 per piece. He then listed the price so as
to gain a profit of 25%. While selling the articles he offered a discount of 5%. What is the percentage of
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profit earned in the deal?
(a) 20.00 (b) 15.00 (c)15.79 (d)18.75 (e)None of these
Ans: (d) 18.75
Z.
Explanation Q.58.
CP = Rs.480
:. Marked SP = Rs.480 + 25 x 480/100 = Rs.480 + 120 = Rs.600.
Actual SP = Rs.600 – 30 = Rs.570.
Profit = 570 – 480 = Rs.90.
Percentage profit = 90 x 100/480 = 18.75%. Ans. ion
Q.59. What would be the cost of building a fence around a cicular plot of area 98.56 sq.ft., if the cost of fencing
per foot is Rs.614?
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(a)Rs.60515.84 (b)Rs.30257.92 (c)Rs.21612.80 (d)Rs.43324.60 (e)None of these
Ans: (c) Rs.21612.80.
Explanation Q.59.
Area = 98.56 sq.ft
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Q.60. The cost of 36 Microwaves and 12 Cookers is Rs.84126. What is the cost of 6 microwaves and 2 Cookers?
(a)Rs.14021 (b)Rs.15291 (c)Rs.16131 (d) Cannot be determined (e)None of these
Ans: (a) Rs.14021
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Explanation Q.60.
Cost of 36 microwaves + 12 cookers = Rs.84126.
Dividing each term by 6, we get
6 microwaves + 2 colours = Rs.14021.Ans.
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Q.61. Arun ordered 15 chapatis, 4 plates of rice, 6 plates of mixed vegetables and 5 ice-cream cups. The cost of
one chapatti is Rs.5, one plate of rice is Rs.50, one plate of mixed vegetables is Rs.75 and one ice-cream
cup is Rs.20. How much amount did Arun pay to the cashier?
(a)Rs.850 (b)Rs.795 (c)Rs.825 (d)Rs.750 (e)None of these
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Ans: (c)Rs.825
Explanation Q.61.
Total amount = 15 x 5 + 4 x 50 + 6 x 75 + 5 x 20
Z.
=75 + 200 + 450 + 100
= Rs.825.Ans.
Q.62. The cost of 15 kgs. of Rice is Rs.675. The cost of 12 kgs. of Wheat is Rs.432 and the cost of 8 kgs. of Corn
(a)Rs.3120 (b)Rs.2995
Ans: (c) Rs.3068
Explanation Q.62.
(c)Rs.3068 (d)Rs.4025 ion
is Rs.224. What is the total cost of 28 kgs. of Rice, 23 kgs. of Wheat and 35 kgs. of Corn?
(e)None of these
Q.63. If total cost of four tube lights and three bulbs is Rs.260 and the ratio between the cost of a tube light and a
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bulb is 5:2 respectively, what is the total cost of one tube light and six bulbs?
(a)Rs.210 (b)Rs.130 (c)Rs.180 (d)Rs.170 (e)None of these
Ans: (d) Rs.170
8A
Explanation Q.63.
Let the cost of 1 tube light = 5x and that 1 bulb = 2x.
Given 4 X 5x + 3 X 2x = Rs.260
26x = Rs.260. :.x = 10.
:. Cost of 1 tube light = Rs.50.
Cost of 1 bulb = Rs.20
Gr
Q.64. The cost price of an item is two-third of its selling price. What is the gain/loss percent on that item?
(a) 45 (b) 50 (c)35 (d)54 (e)None of these
Ans: (b) 50
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Explanation Q.64.
SP = x
CP = 2x/3
co
Profit = x-2x/3 = x/3
Profit percent = x/3 / 2x X 100/3 = x/3 X 3/2x X 100
=100/2 = 50%. Ans.
Z.
Q.65. Naresh purchased a TV set for Rs.11250 after getting discount of 10% on the labelled price. He spent
Rs.150 on transport and Rs.800 on installation. At what price should it be sold so that the profit earned
would be 15% if no discount was offered?
(a)Rs.12937.50 (b)Rs.14030 (c)Rs.13450 (d)Rs.15467.50 (e)None of these
Ans: (b) Rs.14030.
Explanation Q.65.
The CP = Rs.11250 + 800 + 150 = Rs.12200
15% of 12200 = Rs.1830
ion
For getting 15% gain the SP should be = Rs.12200 + 1830 Rs.14030.Ans.
bit
Q.66. A person buys bananas 75 paise per piece and sells them at Rs.15 per dozen. What is the percentage
profit?
(a)6% (b)33 1/3% (c)66 2/3% (d)25% (e)None of these
Ans: (c) 66 2/3
Explanation Q.66.
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Q.67. A person bought an old TV at Rs.4000 and spent 20% of its cost on repairing. If the person wants to make
a net profit of Rs.520, to what percentage should he add, in the purchase price while determining the
selling price?
(a)24% (b)28% (c)30% (d)33% (e)None of these
Gr
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Rs.1320 = 33% of Rs.4000. :. 33% .ans.
Q.68. If the cost of 10 tables and 15 chairs is Rs.20000 what will be the cost of tables and 21 chairs?
(a)Rs.27500 (b)Rs.28000 (c)Rs.32000 (d)Rs.36000 (e)None of these
co
Ans: (b) Rs.28000.
Explanation Q.68.
The cost of 10 tables + 15 chairs = Rs.20000
Multiplying each term by 7/5, we get
Z.
Cost of 10 x 7/5 tables + 15 x 7/5 chairs = Rs.20000 x 7/5
= 14 tables + 21 chairs = Rs.28000.Ans.
Q.69. A person sells an item to another person at a profit of 40% and the second person sells it to a third person
Ans: (e)19%
(e)17.5% ion
at a loss of 15%. What is the resultant profit or loss?
Explanation Q.69.
Let the CP of the item = Rs.100.
bit
st
1 person’s SP = Rs.140
nd
2 person’s SP = Rs.140 – 21 = Rs.119.
Resultant profit = Rs.119 – 100 = Rs.19.
Resultant profit percent = 19 x 100/100 = 19%.Ans.
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Q.70. Seema sold a mobile phone at the cost of Rs.1950 at a loss of 25%. At what cost will she have to sell it to
get a profit of 30%?
8A
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(a)45% (b)90% (c)110% (d)180% (e)None of these
Ans: (c) 110%.
Explanation Q.71.
co
Let Rs.100 be the CP
A’s SP = Rs.140
B’s SP = Rs.210
Resultant profit = 210 – 100 =110
Z.
Resultant profit percent = 110 x 100/100 = 110%.Ans.
Q.72. In a sale a discount of 15% was available on all the articles. If Vinit purchased an article for Rs.4284 in the
sale, what was the actual selling price of the article?
ion
(a)Rs.5050 (b)Rs.5000 (c)Rs.5140 (d)Rs.4950 (e)None of these
Ans: (e) none of these
Explanation Q.72.
Vinit’s purchase price = 85% of Actual SP
bit
:. Actual SP = 4284x100/85 = Rs.5040.Ans.
Q.73. The cost of 4 bags and 12 purses is Rs.1520. What is the cost of 10 bags and 30 purses?
(a)Rs.3600 (b)Rs.3500 (c)Rs.4000 (d)Rs.3900 (e)None of these
Ans: (e) None of these
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Explanation Q.73.
The cost of 4 bags + 12 purses = Rs.1520
8A
Q.74. A shopkeeper sells an item on a discount on 20% of printed price and makes 25% profit. If the printed price
of the item is Rs.4250 then what is the cost price?
Gr
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i.e. 5x/4 = Rs.3400.
:. x = 3400 x 4/5 = Rs.2720. Ans.
Q.75. A shopkeeper purchased 175 items at Rs.35 per item. He spent Rs.875 on packing and Rs.1000 on
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transport. He sold the items at the rate of Rs.60 per item. What is the percentage profit earned?
(a)25% (b)27.5% (c)30% (d)31.5% (e)None of these
Ans: (e) None of these
Explanation Q.75.
Z.
Total CP = 175 x 35 + 875 + 1000 = Rs.8000.
Total SP = 60 x 175 =Rs.10500.
Profit = Rs.10500 – Rs.8000 = Rs.2500.
Profit percent = 2500 x 100/8000 = 31.25% Ans.
(a)Rs.520
ion
Q.76. Ramesh purchased 64 items at Rs.450 per item. He invested Rs.1600 in transportation of these items.
What should be the selling price of each item if he has to gain 20% as profit?
(b)Rs.540 (c)Rs.560 (d)Rs.570 (e)Rs.580
Ans: (d) Rs.570.
Explanation Q.76.
bit
Total CP = 64 x 450 + 1600 = Rs.30400.
Total SP = 30400 + 20% of 30400.
= 30400 + 6080 = Rs.36480.
:. SP of each item = Rs.36480/64 = Rs.570.Ans.
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Q.77. A person X sold an Item to Y at 40% loss, then Y sold it to third person Z at 40% profit and finally Z sold it
back to X at 40% profit. In this whole process what is the percentage loss or profit of X?
(a) No loss, no gain (b)40% profit (c) 40% loss (d)80% loss (e)None of these.
8A
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(a)Rs.2400 (b)Rs.1800 (c)Rs.1500 (d)Rs.1200 (e)None of these
Ans: (d) Rs.1200
Explanation Q.79.
co
i.e. x/4 X 18/100 + x/5 X 15/100 + [x- (x/4 + x/5) X 35/100] = Rs.321.
18x/400 + 3x/100 + 77x/400 = Rs.321.
= 18x + 12x + 77x/400 = Rs.321.
107x = 400 x 321
Z.
x = 400 x 321/107 = Rs.1200.Ans.
Q.80. Sunitha bought a watch at 40% discount on the selling price. If the watch costs her Rs.3414, what is the
original selling price of the watch?
Explanation Q.80.
ion
(a)Rs.5490 (b)Rs.5590 (c)Rs.5690 (d)Rs.5790 (e)None of these
Q.81. The cost of 21 books and 38 pens is Rs.1855. What is the cost of 18 books and 24 pens?
(a)Rs.1590 (b)Rs.1690 (c)Rs.1790 (d)Rs.1890 (e)None of these
m
Q.82. On selling an item for Rs.90 a man gains 20%. In order to gain 48%, what will be the increase in its selling
praice?
Gr
m
New SP = 75 + 75 x 48/100 = Rs.111.
Increase in SP = Rs.111 – Rs.90 = Rs.21.Ans.
Q.83. A shopkeeper wants to to earn 12% profit on an item after giving 20% discount to the customer. By what
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percentage should he increase his marked price to arrive at the label price?
(a)24% (b)32% (c)40% (d)16% (e)44%
Ans: (c) 40%
Z.
Explanation Q.83.
Let x = marked price and the CP be Rs.100.
Initial SP = Rs.112.
To give 20% discount = x – 20x/100 = Rs.112.
= x – x/5 = Rs.112, 4x = 112 x 5
x = Rs.140.
Here marked profit = Rs.40.
Percent profit = 40%. Ans.
ion
Q.84. The owner of a furniture shop charges his customers 155 more than the cost price. If a customer paid
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Rs.9039 for a sofa set, then what is the cost price of the sofa set?
(a)Rs.7680 (b)Rs.7860 (c)Rs.7880 (d)Rs.7660 (e)None of these
Ans: (b) Rs.7860.
Explanation Q.84.
i.e. SP is 115% of CP
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Q.85. 20% of the total cost of a plot with an area of 395 sq.ft. is Rs.78210. What is the rate of per sq.ft. of the
8A
plot?
(a)Rs.1020 (b)Rs.999 (c)Rs.1000 (d)Rs.995 (e)None of these
Ans: (e) None of these
Explanation Q.85.
Total cost of the plot = 78210 x 100/20 = Rs.78210 x 5
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(a)Rs.2400 (b)Rs.2800 (c)Rs.3200 (d)Rs.2000 (e)None of these
Ans: (b) Rs.2800.
Explanation Q.86.
Let the original parice be ‘x’
co
st
The price sfter 1 concession of 25% = x – 25x/100 = x – x/4 = 3x/4
The Price after additional discount 40% = 3x/4 – 3x/4 X 40/100 = 30x – 12x/40
= 9x/20, i.e. 9x/20 = Rs.1260, :. x = 1260 x 20 /9 = Rs.2800. Ans.
Z.
Q.87. A shopkeeper sold an item at Rs.1008 after giving a discount of 25% on the labeled price. Had he not given
the discount he would have earned a profit of 40% on the cost price. What is the cost price of the item?
(a)Rs.840 (b)Rs.900 (c)Rs.940 (d)Rs.960 (e)None of these
Ans: (d) Rs.960
Explanation Q.87.
Labelled price = 1008 x 100/75 = Rs.1344 = 140% of CP
:. CP = 1344 x 100/140 = Rs.960.Ans.
ion
Q.88. 20 apples were bought for a rupee. Approximately how many apples must be sold for a rupee to gain a
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profit of 30%?
(a) 12 (b)10 (c) 18 (d)20 (e)15
Ans: (e) 15
Explanation Q.88.
Given 20 apples cost 100 paise.
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Q.89. A boy purchases 20 pens for Rs.15 and sells 15 pens for Rs.20. How much profit does he get?
(a)33 1/3% (b)21% (c)47 2/3% (d)66 2/3% (e) None of these
m
Q.90. The cost of 17 kg of rice is Rs.374. The cost of 22 kg of atta is Rs.352 and the cost of 14 kg of pulse is
Rs.770. What will be the total cost of 26 kg of rice, 30 kg of atta and 18 kg of pulse?
(a)Rs.2012 (b)Rs.2022 (c)Rs.2032 (d)Rs.2042 (e)None of these
co
Ans: (d) Rs.2042
Explaantiion Q.90.
The price of 1 kg Rice = Rs.22
The price of 1 kg Atta = Rs.16
Z.
The price of 1 kg Pulse = Rs.55
:. The total price of 26 kg Rice + 30 kg Atta + 18 kg Pulse = 26 x 22 + 30 x 16 + 18 x 55
= 572 + 480 + 990 = Rs.2042. Ans.
Explanation Q.91.
bit
CP = Rs.1056 x 100/120 = Rs.880.
For 45% profit SP = 880 x 145/100 = Rs.1276.
:. Increase in SP = Rs.1276 – 1056 = Rs.1276 – 1056 = Rs.220/- Ans.
Q.92. A shopkeeper sold a TV at 18% discount on print rate. If the customer paid Rs.8856 for the TV and the
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printed price is 20% more than its cost price, what is the cost price of the TV?
(a)Rs.8400 (b)Rs. 9000 (c)Rs.9500 (d)Rs.10500 (e)None of these
Ans: (b) Rs.9000/-
8A
Explanation Q.92.
The printed price = 8856 x 100/82 = Rs.10800.
Printed price 20% more than CP.
:. CP = 10800 x 100/120 = Rs.9000.Ans.
Gr
Q.93. An electrician bought an old fan for Rs.420 and spent 25% of it on repairing. If he wants to make a profit of
Rs.126, what percentage of the cost price should be added to it?
(a)35% (b)45% (c)55% (d)60% (e) 66%
Ans: (c) 55%
m
Explanation Q.93.
CP + Repairing + Profit = 420 + 105 + 126 = Rs.651.
Increase will be = Rs.651 – Rs.420 = Rs.231
co
:. Percentage increase to be added to CP = 231 x 100/420 = 55%.Ans.
Q.94. A plot of 5200 sq.ft. is available at the rate of Rs.48 per sq.ft. If 17% of the total cost of the plot is to be paid
for booking the plot, what is the booking cost?
Z.
(a)Rs.42432 (b)Rs. 42436 (c)Rs.42518 (d)Rs.42560 (e)Rs.43200
Ans: (a) Rs.42432
Explanation Q.94.
Total cost of the plot = Rs.48 x 5200 = Rs.249600
Booking cost = 17% of Rs.249600
= Rs.42432.Ans.
ion (i.e. 17% = 10% + 5% +25)
Q.95. The cost of 24 pens and 40 copies is Rs.520. What will be the cost of 42 pens and 70 copies?
bit
(a)Rs.840 (b)Rs. 910 (c)Rs.970 (d)Rs.1020 (e)Rs.1080
Ans: (b) Rs.910.
Explanation Q.95.
m
Q.96. The profit earned by selling an item for Rs.820 is equal to the loss incurred when the same item is sold for
Rs.660. What should be the sale price of the item make 30% profit?
m
Profit 30% = 740 x 30/100 = Rs.222.
Such an SP = 740 + 222 = Rs.962.Ans.
Q.97. A man sold a wrist watch for Rs.2400 at a loss of twenty five per cent. At what rate should he have sold the
co
wrist watch to earn a profit of twenty five percent?
(a)Rs.3600 (b)Rs. 4000 (c)Rs.3500 (d)Rs.3800 (e)None of these
Z.
Explanation Q.97.
CP = 2400 x 100/75 =Rs.3200
25% of CP = Rs.800
ion
To get a profit of 25% the SP should be = Rs.3200 – 800 =Rs.4000.Ans.
Q.98. The cost of 14 bats and 35 balls is Rs.1190. What will be the cost of 16 bats and 40 balls?
Explanation Q.98.
The cost of 14 bats + 35 balls = Rs.1190.
Multiplying each term by 8/7. we get
m
Q.99. Cost of 18 shirts and 45 trousers is Rs.68,400. What is the cost of 10 shirts and 25 trousers?
8A
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(a)15% (b)16% (c)20% (d)24% (e) 25%
Ans:(d) 24%
Explanation Q.100.
co
CP = Rs.7200
CP + repair cost + profit expected = Rs.7200 + 1080 +648 = Rs.8928.
The amount to be added to CP = Rs.8928 – Rs.7200 = Rs.1728
The percentage of amount to be added to CP = 1728 x 100/7200 = 24%.Ans.
Z.
Q. 101. Prof. Chatterjee bought a car and got 15% of its orinal price as dealer’s discount. He then sold it at 205
profit on his purchase price. What percentage profit did he get on the original price?
(a) 2% (b)12% (c) 5% (d)17%
Ans: (a) 2%
Explanation Q.101.
Let the original CP of Car = Rs.100;
Chatterjee’s CP = Rs.85.
ion
20% of Rs.85 = Rs.17
SP (Chatterjee’s selling price) = Rs.102.
bit
:. Chatterjee’s profit = Rs.2.
So, profit percent = 2%. Ans.
Q. 102. The cost of 18 pens and 12 scissors is 756/-. What is the cost of 6 pens and 4 scissors?
(a) 252 (b) 189 (c) 378 (d) Cannot be determined (e) None of these
Ans: (a) 252
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Explanation Q.102.
The cost of 18 pens + 12 scissors = 756.
Dividing each terms by 3, we get,
8A
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(a) 1400 (b) 1505 (c) 1040 (d) 1055 (e) None of these
Ans: (d) 1055.
Explanation Q. 104.
Cost of 8 kg grapes = 70 × 8 = 560.
co
Cost of 9 kg of mangoes = 55 × 9 = 490.
Total cost he has to pay = 560 + 490 = 1055.Ans.
Q. 105. Suresh started a business, investing Rs.18000. After 3 months and 4 months respectively, Rohan and
Sudhir joined him with capitals of 12000 and 9000. At the end of the year the total profit was Rs.3982.
Z.
What is the difference between Rohan’s and Sudhir’s share in the profit?
(a) 354 (b) 370 (c) 362 (d) 121 (e) None of these
Ans: (c) 362
Explanation Q.105.
(a) 216 (b) 226 (c) 254 (d) 225 (e) None of these
Ans:(d) 225
Explanation Q. 107.
SP = 120% of CP; :. CP = 270 × 100/120 = 225.Ans.
Q.108. A shopkeeper sold some articles @ 35 per article and earned a profit of 40%. At what price each article
should have been sold so that 60% profit was earned?
Gr
m
To set a profit of 60% the SP = 25 + 15 = 40. Ans.
Q. 109. The price of two tables and three chairs is Rs.5600. What will be the price of six tables and nine chairs?
(a) 16800 (b) 11200 (c) 22400 (d) Data inadequate (e) None of these
co
Ans: (a) 16800/-
Explanation Q. 109.
The cost of two tables + three chairs = 5600.
Multiply each term by 3, we get,
Z.
Cost of 6 table + 9 chairs = 16800.Ans.
Q. 110. Amit purchased a book with a 10% discount on the labeled price. How much did he pay if the labelled
price was 600?
(a) 480
Ans: (c) 540
(b) 360
Explanation Q. 110.
(c) 540 (d) 340
Q.111. Kaavya sold an item for 4080 and incurred a loss of 20%. At what price should she have sold the item to
bit
have gained a profit of 20%?
(a) 6120 (b) 5890 (c) 5100 (d) Cannot be determined (e) None of these
Ans: (a) 6120
Explanation Q. 111.
Cost Price = 4080 × 100 /80 ( Because SP is 80% CP)
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= Rs. 5100.
For 20% profit = Rs. 5100 + 1020 = 6120. Ans.
8A
Q. 112. The owner of an electronic store charges his customer 9% more than the cost price. If a customer paid
1,26440 for an LED T.V., then what was the original price of the T.V.?
(a) 116000 (b) 114700 (c) 117500 (d) 118200 (e)None of these
Ans: (a) 116000.
Explanation Q. 112.
Selling Price = 109% of CP;
Gr
m
(a) 750 (b) 800 (c) 600 (d) Data inadequate (e) none of these
Ans: (a) 750
Explanation Q.113.
Let ‘x’ be the CP of the article;
co
Then 900 – x = 2(x – 450); :. x= 600.
25% of 600 = 150
:. New SP = 600 + 150 = 750.Ans.
Z.
Q. 114. A shopkeeper bought an article for Rs.319.60. Approximately at what price should he sell the article to
make 25 per cent profit?
(a) 600 (b) 500 (c) 450 (d) 550 (e) 400
Ans: (e) 400.
Explanation Q. 114.
25% of CP should be added to the CP to get a profit of 25%.
25% of 319.60 = 319.60/4 = 79.9.
:. SP = 319.60 + 79.9 = 399.50. = Rs.400. approx.Ans.
ion
Q.115. The profit earned by selling an article for 752 is 1.2 times the loss incurred when the same article is sold
bit
for 400. What is the cost price of the article?
(a) 520 (b) 580 (c) 560 (d) Data inadequate (e) None of these
Ans: (c) 560.
Explanation Q. 115.
Let ‘x’ be the CP.
m
Q. 116. Shelly could get equal number of 25 per piece, 40 per piece and 65 per piece bangles. She spent a
total of 1560 for all the bangles. How many of each type did she buy?
(a) 12 (b) 14 (c) 16 (d) Cannot be determined (e) None of these
Ans: (a) 12
Explanation Q. 116.
Let ‘x’ be the No. of bangles in each type which is equal for all the types.
Gr
m
Ans: (c) 17.5%
Explanation Q. 117.
CP = 13600; SP = 15980
Profit/ gain = 15980 – 13600 = 2380.
co
Gain percent = 2380 × 100/13600 = 17.5%.Ans.
Q. 118. A person sold 3/5 of a consignment at a profit of 35% and the rest at a loss of 25%. If there was an overall
profit of 715, what is the actual cost of the consignment?
Z.
(a) 6000 (b) 6300 (c) 6500 (d) 7000 (5) 7500
Ans : (c) 6500.
Explanation Q. 118.
Let the total CP = ‘x’
Then first SP = 3x/5 × 135/100 = 81x/100
And the second SP = 2x/5 × 75/100 = 30x/100
:. Total SP = 81x/100 + 3x/100 = 111x/100.
SP – CP = profit, So, 111x/100 – x = 715
ion
i.e 11x = 71500 and so, x = 71500/11 = 6500.Ans.
bit
Q. 119. A shopkeeper bought an item at 10% discount on its original price. He sold it at 35% increase on the
original price. What percentage profit did he get?
(a) 25% (b) 45% (c) 50% (d) 22 ½% (e) 42 ½%
Ans: (c) 50%
Explanation Q. 119.
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Q. 120. The profit earned after selling an article for 350 is the same as half of the loss incurred after selling the
article for 260. What is the cost price of the article?
(a) 245 (b) 292 (c) 345 (d) 380 (e) None of these
Ans: (e) None of these
Explanation Q. 120.
Gr
m
earn a profit of 32.5%?
(a) 3315 (b) 3572 (c) 4015 (d) 3975 (e) 5675
Ans: (d) 3975.
Explanation Q. 121.
co
SP = 116 % of CP = 3480 :. CP = 3480 × 100/116 = 3000/-
32.5% of 3000 = 975
:. The expected SP = 3000 + 975 = 3975. Ans.
Z.
Q. 122. A man leaves Rs.8600 to be divided among 5 sons, 4 daughters and 2 nephews. If each daughter
receives four times as much as each nephew and each son receives five times as much as each nephew,
how much does each daughter receive?
(a) 100 (b) 600 (c) 800 (d) 1000 (e) None of these
Ans:(c) 800.
Explanation Q. 122.
5 sons + 4 daughters + 2 nephews = 8600.
One daughter = 4 nephews and one son = 5 nephews
ion
Then 4 daughters = 16 nephews and 5 sons = 25 nephews
So, it becomes, 25 nephews + 16 nephews + 2nephews = 8600 ; i.e. 43 nephews =8600
bit
:. One nephew = 8600/43 = 200 :. Each daughter gets 4 × 200 = 800.Ans.
Q. 123. The selling price of 5 articles is the same as the cost price of 3 articles. The gain or loss is
(a) 20% gain (b) 25% gain (c) 33.33% loss (d) 40% loss (e) None of these
Ans: (d) 40% loss.
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Explanation Q. 123.
There is a loss. Percentage of loss = 5 – 3/5 × 100 = 40%. Ans.
8A
Q. 124. By selling an article for 480 a person lost 20%. For what should he sell it to make a profit of 20%?
(a) 800 (b) 760 (c) 720 (d) Rs.680 (e) None of these
Ans: (c) 720
Explanation Q. 124.
Here SP = 80% of CP = 480
:. CP = 480 × 100/80 = 600.
Gr
m
(a) 5000 (b) 4000 (c) 3000 (d) 1000 (e) None of these
Ans: (b) 4000.
Explanation Q. 125.
Let ‘x’ be the total profit in that particular year.
co
x-(x/3 + x/4) = 5000. » x- 7x/12 = 5x/12 ; i.e. 5x /12=5000; :. x= 12000.
:. A’s amount = 12000/3 = 4000. Ans.
Q. 126. A book-seller bought 200 textbooks for 12000. He wanted to sell them at a profit so that he got 20 books
Z.
free. At what profit per cent should he sell them?
(a) 10 (b) 11 (c) 11.5 (d) 12 (5) none of these
Ans: (e) None of these
Explanation Q. 126.
Here, the profit = CP of 20 books out of 180 books and
now the CP of 180 books = 12000.
:. The profit percent = 20 × 100/180 = 11 1/9 %.Ans.
ion
Q. 127. A shopkeeper marks his sarees at 20% above the cost price and allows the purchaser a discount of 10%
for cash buying. What profit per cent does he make?
bit
(a) 18 (b) 12 (c) 10 (d) 8 (e) None of these
Ans: (d) 8
Explanation Q. 127.
Let the CP of saree = 100.; then Marked price = 120
:. SP = 120 – 10% of 120 = 120 -12 = 108. So, profit = 8
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Q. 128. A gold bracelet is sold for 14500 at a loss of 20%. What is the cost price of the gold bracelet?
8A
(a) 18125 (b) 17400 (c) 15225 (d) 16800 (e) None of these
Ans: (a) 18125.
Explanation Q. 128.
The SP of the gold bracelet is 80% of the CP.
:. CP = 14500 × 100/80 = 18125.Ans.
Gr
Q. 129. Sonika spent Rs. 45760 on the interior decoration for her home, Rs.27896 on buying Air conditioner and
the remaining 28% of the total amount she had as cash with her. What was the total amount?
(a) 98540 (b) 102300 (c) 134560 (d) cannot be determined (e) None of these
Ans: (b) 102300
Explanation Q. 129.
m
The Total expense = 45760 + 27896 = 73656 = 72% of the Total amount.
:. Total amount = 73656 × 100/72 = 102300. Ans.
Q. 130. On selling an item for 276 a person gains 15%. In order to gain 35%, what should be the increase in its
co
selling price?
(a) 42 (b) 44 (c) 45 (d) 48 (e) 50
Ans: (d) 48.
Explanation Q. 130.
Z.
i.e. 115 % of CP = SP = 276
CP = 276 × 100/115 = 240
35% of 240 = 84.
:. Required increase in selling price = 324 – 276 = 48.Ans.
(a) 3284
(in ) of the person?
(b) 3416 (c) 3696 (d) 3806
ion
Q. 131. A person sells an item at a profit of 42%. If the customer pays 12496 for that item what is the net profit
Q. 132. Manoj incurred a loss of 40% on selling an article for 5700. What was the cost price of the article?
m
(a) 7725 (b) 9080 (c) 8250 (d) 9400 (e) None of these
Ans; (e) None of these
Explanation Q.132.
8A
Q. 133. Meenal purchased a car for Rs.250000 and sold it for Rs.348000. What is the percent profit she made on
the car?
(a) 40 (b) 39.2 (c) 38.4 (d) 38 (e) None of these.
Gr
m
Q. 134. A shopkeeper increases the original selling price of an item to its twice. The initial gain per cent is given
as 8%. Find out the new gain per cent.
(a) 64% (b) 116% (c) 164% (d) 180% (e) 205%
Ans: (b) 116%
co
Explanation Q. 134.
Let the Cost price = Rs.100
The initial gain per cent = 8%
So, original SP = 108
Z.
Twice the SP = 216
Then, the gain = 216 – 100 = 116 i.e. gain per cent = 116%.Ans.
Q. 135. A man buys a cycle at a discount of 15% and sells it for 2550. In this process, he makes a profit of 25%.
(a) 220
Find the discount received by him.
Q.136. A person sells two fans for 3200. The cost price of the first fan is equal to the selling price of the second
fan. If the first is sold at 40% loss and the second at 100% gain, what is total profit or loss?
m
(a) 160 (b) 200 (c) 240 (d) 280 (e) None of these
Ans: (b) 200
Explanation Q. 136.
8A
st nd
The cost price of 1 fan and SP of 2 fan given to be equal, let it be 100.
st
On 1 fan there is a loss of 40%, So its SP = 60
nd
Gain on 2 fan is 100%, So, its CP = 50
:. Total cost price of two fans = 100 + 50 = 150
Total SP = 60 + 100 = 160
If total SP =160, then the corresponding cost price = 150
Gr
m
his gain per cent?
(a) 10% (b) 11% (c) 11 1/9% (d) 10 1/9% (e) None of these
Ans: (c) 11 1/9%
Explanation Q. 137.
co
Let the cost price of 1kg good = 100
He sells for 100, what he got for 90, then his gain =100 – 90 = 10
:. His gain per cent = 10/90×100 = 100/9 = 11 1/9%. Ans.
Z.
Q. 138. A man sold 18 cots for Rs.16800, gaining thereby the cost price of 3 cots. Find the cost price of a cot.?
(a) 600 (b) 800 (c) 900 (d) 1000 (e) None of these
Ans: (b) 800
Explanation Q. 138
Let the cost of one cot = x
Then CP of 18 cots = 18x; given, SP of 18 cots = 16800
Gain = 3x
i.e. 16800 – 18x = 3x and 21x = 16800; :. x= 800
ion
So, the cost of one cot = 800.Ans.
bit
th
Q. 139. Raghavan purchased a scooter at 13/15 of its selling price and sold it at 12% more than its selling price.
His gain is
(a) 20% (b) 30% (c) 38 1/13% (d) 29 3/13% (e) None of thesey
Ans: (d) 29 3/13%
Explanation Q. 139.
m
So, his actual gain = 7600 and the gain per cent = 7600 ×100/26000 = 29 3/13%.Ans.
Q. 140. A coconut merchant finds that the cost price of 2750 coconuts is the same as the selling price of 2500
coconuts. Find the percentage loss or gain.
(a) 5% loss (b) 10% gain (c) 15% loss (d) 20% gain (e) None of these
Ans: (b) 10% gain
Gr
Explanation Q. 140.
Let the CP of one coconut = 1
Then CP of 2750 coconuts = 2750
:. SP of 2500 coconuts = 2750; :. SP of one coconut = 2750/2500;
:. SP of 2750 coconuts = 2750 × 2750/2500 = 3025
m
Actual gain = 3025 – 2750 = 275 ; and the gain per cent = 275/2750 × 100 = 10%.Ans.
Q. 141. The cost of manufacture of an article was 900. The trader wants to gain 25% after giving a discount
of 10%. The market price should be
co
(a) 1500 (b) 1250 (c) 1200 (d) 1000 (e) None of these
Ans: (b) 1250
Explanation Q.141.
Let ‘x’ be the marked price of the article
Z.
Then, x- 10% of x = 900 + 25% of 900
x- 10x/100 = 900 + 225; » 90x/100 = 1125 ; » x = 112500/90 = 1250.Ans.
Q. 142. A shopkeeper purchase 12 balloons for 10 and sells them at balloons for 12. Thus, earns a profit of
(a) 35% (b) 36% (c) 44%
Ans: (c) 44%
Explanation Q. 142.
(d) 45%
ion
(e) None of these
Explanation Q. 143.
Let the man is idle for x days
Then, 20 (60-x) – 3x = 280
8A
Q. 144. Anuradha sold 2 books at 1.40 each. Her profit on one was 20% and her loss on the other was 20%.
Then, she
(a) Made no loss no gain (b) Gained 20-paise (c) Lost 12-paise (d) Lost 20-paise (e) None of these
Gr
m
Total SP = 2.80, which equals to 96% of CP of 2 books.
.: CP of 2 books = 2.80 × 100/96 = 2.92; :. Loss = 2.92 – 2.80 = .12 = 12paise.Ans.
Q. 145. A TV and a VCR together cost 35000. If TV is 1 ½ times costlier than VCR, then the cost of VCR is
co
(a) 12000 (b) 14000 (c) 13000 (d) 15000 (e) None of these
Ans: (e) None of these
Explanation Q.145.
Let ‘x’ be the cost of VCR;
Z.
Then, x+ (x+3x/2) = 35000.; i.e. 7x/2 = 35000; x= 10000
I.e. cost of VCR = 10000.Ans.
Q. 146. By selling a table for 350 instead of 400, loss per cent increase by 5%. The cost price of the table is
(a) 1050
Ans: (d) 1000
Explanation Q. 146.
(b) 417.50 (c) 435
ion
(d) 1000
The difference in prices = 400 – 350 = 50, which equal to 5% of the cost,
(e) None of these
Explanation Q. 147.
After 20% discount the price of the fan = 1500 – 300 = 1200
The difference of the net selling price of 1104 = 1200 – 1104 = 96 further discount and its percentage
8A
= 96 × 100/1200 = 8%.Ans.
Q. 148. The marked price of an article is 200. A discount of 12 ½% is allowed on the marked price and
a profit of 25% is made. The cost price of the article is
(a) 200 (b) 175 (c) 120 (d) 140 (e) None of these
Ans: (d) 140
Gr
Explanation Q.148.
The SP = 200 – 12 ½% of 200 = 175 = 125% of the CP;
:. CP = 175 ×100/125 = 140.Ans.
Q. 149. If cost price is 80, overhead is 20 and selling price is 120, then the profit per cent is
m
(a) 20% (b)50% (c) 40% (d) 30% (e) None of these
Ans: (a) 20%
Explanation Q. 149.
The CP = 80 + 20 = 100.
co
The SP = 120; and the profit = 120 – 100 = 20 i.e. = 20%.Ans.
Q. 150. If selling price of an article is 8/5 times its cost price, then profit percent on it is
(a) 120% (b) 160% (c) 40% (d) 60% (e) None of these
Z.
Ans: (d) 60%
Explanation Q. 150.
Let the cost price be 10.
Then, SP = 10 × 8/5 = 16. So, profit = 6 and profit percent = 60%.Ans.
Q. 152. The cost price of 18 articles is equal to the selling price of 15 articles. The gain percent is
m
(a) 15% (b) 20% (c) 25% (d) 18% (e) None of these
Ans: (b) 20%
Explanation Q. 152.
8A
Q. 153. Mohan purchased an article and sold it for 2817.50 and earned 15 percent profit on the cost
price. What was the cost price of the article?
(a) 2500 (b) 2450 (c) 2550 (d) 3315 (e) None of these
Gr
m
Q. 154. Ghanashyam purchased an article for 1850. At what price should he sell it so that 30% profit is
earned?
(a) 2450 (b) 2245 (c) 2405 (d) 2425 (e) None of these
Ans: (c) 2405
co
Explanation Q. 154.
The SP should be CP + 30% of CP = 1850 + 555 = 2405. Ans.
Q. 155. On selling 17 balls at Rs.720, there is a loss equal to the cost price of 5 balls. The cost price of
Z.
each ball is
(a) 45 (b) 50 (c) Rs.55 (d) Rs.60 (e) none of these
Ans: (d) 60
Explanation Q. 155.
Here SP of 17 balls = CP of 12 balls = 720
Therefore, CP of 1 ball = 720/12 = 60. Ans. ion
Q. 156. A man purchases 12 apples for Rs. 8 and sells 8 apples for Rs.12. How much profit does he
make?
(a) 25% (b) 50% (c) 75% (d) 100% (e)125%
bit
Ans: (e) 125%
Explanation Q. 156.
The Cost price of 1 apple = Rs. 8/12
The Selling Price of 1 apple = 12/8
Profit in 1 apple = 12/8 – 8/12 = 5/6
m
Q. 157. The price of 28 chairs is equal to that of 6 tables. The price of 18 chairs and 3 tables together is
8A
18x + 3×28x/6 = 4800; i.e. 32x = 4800 and so, x = the cost of one chair = Rs.150 and the cost of one
table = y =Rs.700.
:. The total price 15 chairs and 6 tables = 15 × 150 + 6 × 700 = Rs. 6450. Ans.
Q. 158. A shopkeeper offers 10% discount on an article and still makes a profit of 20%. To him, what is
m
the actual cost of the article marked at Rs.500?
(a) Rs. 440 (b) Rs.425 (c) Rs.400 (d) Rs. 375 (e) None of these
Ans: (d) Rs.375.
Explanation Q. 158.
co
Marked price =Rs.500
Discounted price = Rs 450 and Rs. 450 is 120% of the CP ;
Therefore, actual CP = 450 × 100/120 = Rs. 375. Ans.
Z.
Q. 159. The marked price of a pen is Rs.60. After allowing a discount 10%, the merchant makes a profit
of 20%. What is the cost price of the pen?
(a) Rs.40 (b) Rs.45 (c)Rs. 60 (d) Rs.80 (5)None of these
Ans: (b) Rs.45
Explanation Q. 159.
ion
The discounted price = Rs. 54 which is 120% of CP; :. CP = 54 × 100/120 =Rs.45.Ans.
Q. 160. The present price of an article has been reduced by 20%. If the reduced price is Rs.800 per
quintal, then old price per quintal was
(a) Rs.900 (b)Rs.640 (c) Rs.960 (d)Rs.1000 (5)None of these
Ans: (d) Rs.1000.
bit
Explanation Q.160.
The reduced price is 80% of the old price = Rs.800
The old price = 800 × 100/80 = Rs.1000. Ans.
Q. 161. A shopkeeper sold sarees at Rs.266 each after giving 5% discount on labeled price. Had he not
m
given the discount, he would have earned a profit of 12% on the cost price. What was the cost price of
each saree?
(a) Rs.280 (b)Rs.260 (c) Rs.240 (d) Data inadequate (e)None of these
8A
percentage profit if she sells the oven at 5% more than the listed price?
(a) 25 (b) 75 (c)45 (d) Cannot be determined (e) None of these
Ans: (b) 75%
Explanation:
Let the Listed price = Rs.100.
m
Then, her CP = Rs.60; So, her selling price would be = Rs. 105
Then, her profit = Rs.105 – 60 = Rs.45. and
her profit percent = 45 × 100/60 = 75%. Ans.
co
Q. 163. A profit of Rs.19488/- is distributed amongst three partners X, Y and Z in the ratio of 5 :2: 7
respectively. What is the total of Y’s and Z’s share?
(a) Rs.9744/- (b) Rs.12528/- (c) Rs.16704/- (d) Rs.14513/- (e) None of these
Ans: (b) Rs.12528/-
Z.
Explanation:
Let 5x, 2x and 7x be the shares of X, Y and Z respectively.
Then, 5x + 2x + 7x = Rs.19488, i.e. 14x = 19488, => x = 1392
Total share of Y and Z = 2 + 7 = 9,
ion
So the amount = Rs.9x = Rs. 9 × 1392 = Rs.12528. Ans.
Q.164. The owner of a television shop charges his customer 25% more than the cost price. If the
customer paid Rs.8022 for a television then what was the actual cost of the TV?
(a) Rs.6500 (b) Rs.6200 (c) Rs.6400 (d) Rs.6450 (e)None of these
Ans: (e) None of these
bit
Explanation:
The customer paid Rs.8022 = 125% of actual cost price
:. The actual cost of television = 8022 × 100/125 = Rs.6417.60. Ans.
Q. 165. A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain
m
or loss percent is
(a) Less than 20% profit (b) More than 20% profit (c) 20% profit (d)No profit, no loss (e) None of these
Ans: (b) More than 20% profit
8A
Explanation:
Let the value of the article be Rs.100;
Then he buys it for Rs. 90 and Sells it for Rs.110
So, his profit = Rs.20; Then, there is a gain percent of = 20 × 100/90 = 22 2/9%. i.e. More than 20%
profit. Ans.
Gr
Q.166. A sum of Rs.370 is to be divided among A, B and C such that A’s share/B’s share = B’s share/C’s
share = ¾. Then, A’s share (in rupees) is
(a)240 (b)120 (c)100 (d)90 (e)None of these
Ans: (d) Rs.90.
Explanation:
m
Given that, A : B = 3 : 4; B : C = 3 : 4
A:B 3:4
B:C 3:4
A : B : C = 9 : 12 : 16; :. A’s share = 9 × 370/37 = Rs.90. Ans.
co
Q.167. An apple costs Rs.1.75 and an orange costs Rs.1.50. What will be the total cost of 3 dozens of
apples and 2 dozens of oranges?
(a) Rs.99 (b) Rs.63 (3)Rs.36 (d) Rs.100 (e)None of these
Z.
Ans: (a) Rs.99.
Explanation:
3 × 12 × 1.75 + 2 × 12 × 1.50 = Rs. 63 + Rs.36 =Rs.99. Ans.
ion
Q. 168. Two motor cars were sold for Rs.9900 each gaining 10% on one and losing 10% on the other.
The gain or loss percent in the whole transaction is
(a)Neither loss nor gain (b) 1% profit (c)100/99% profit (d)1% loss (e)None of these
Ans: (d) 1% loss
Explanation:
I. S. P = Rs.9900; i.e. 110% of CP => CP = 9900 × 100/110 = Rs.9000
bit
II. SP = 9900; i.e. 90% of CP => CP = 9900 × 100/90 = Rs.11000. So, Total CP = Rs.20000;
Total SP = Rs.19800; :. Loss = 200 × 100/20000 = 1% loss. Ans.
Q.169. By selling an article for Rs.240, a person loses 20%. To gain 20%, he should sell it for
(a)Rs.360 (b)Rs.288 (c)Rs.280 (d)Rs.300 (e)None of these
m
Q.170. A bought 5 pencils for Rs.4 and sells 4 pencils for Rs.4. The gain per cent in the transaction is
(a)25% (b)20% (c)56 ¼% (d)50% (e) None of these
Ans: (b) 20%
Gr
Explanation:
Out of 5 pencils the profit is 1 pencil;
So, the gain per cent = 1 × 100/5 = 20%. Ans.
Q. 171. If the ratio of the cost price and the selling price is 5 : 6, the gain per cent is
m
(a)20% (b)33 1/3% (c)25% (d)30% (e)None of these
Ans: (a) 20%
Explanation:
The profit = 6 – 5 = 1 unit of ratio
co
So, gain percent = 1 × 100/5 = 20%. Ans.
Q.172. If the cost price of 12 oranges is equal to selling price of 10 oranges, then the percentage of profit
is
Z.
(a)16 2/3% (b) 20% (c)18% (b)25% (e)None of these
Ans: (b)20%
Explanation:
The profit is 2 oranges when selling 10 oranges,
So, percentage of profit = 2 × 100/10 = 20%. Ans.
ion
Q.173. A trader’s marked price is 30% above the cost price. He allows his customers 10% discount on
the marked price. What profit does he make?
(a)17% (b)18% (c)16% (d)19% (e)None of these
Ans: (a) 17%
bit
Explanation:
Let the cost price be Rs.100. Then the marked price = Rs.130.
So, the Selling price = Rs. 130 – 10% of 130 = Rs.117
:. The profit = 117 – 100 = Rs.17 and the profit percent = 17%. Ans.
m
Q.174. If the selling price of 16 items is same as the cost price of 20 items, then there is a
(a) loss of 20% (b)loss of 25% (c) gain of 20% (d) Gain of 25% (e) None of these
Ans: (a)
8A
Explanation:
Here the loss = 4 items out of 20 items; So the loss percent = 4× 100/20 = loss of 20%. Ans.
Q.175. If the cost of one watch, one plain sheet and one book together is Rs.480 and the cost of five plain
sheets and four books is Rs.550, what will be the cost of three books and a pen?
(a) Rs.480 (b)Rs.520 (c)Rs.665 (d) Data inadequate (e) None of these
Ans: (d) Data inadequate
Gr
Explanation:
x+y+z = 480 ; 5y + 4z = 550; So, data is not adequate.
Q.176. 100 oranges are bought for Rs.350 and sold at the rate of Rs.48 per dozen. The percentage of
profit or loss is
m
(a)15% loss (b)15% gain (c)14 2/7% loss (d)14 2/7% profit (e)None of these
Ans: (d) 14 2/7%profit
Explanation:
The cost price of 1 orange = Rs.3.50
co
The selling price of 1 orange = Rs.4.; :. Profit = Rs. 0.50
So, the profit per cent = 0.50 × 100/3.50 = 14 2/7% profit. Ans.
Q.177. An item costing Rs.840 was sold by a shopkeeper at a gain of 10% and it was again sold by the
Z.
new buyer at a loss of 5%. Final selling price of the item is
(a)Rs.877.80 (b)Rs.798 (c)Rs.924 (d)Rs.37.80 (e)None of these
Ans: (a) Rs.877.80
Explanation:
First selling price = Rs.840 + 84 = Rs.924
ion
Second selling price = Rs.924 – 5% of 924 = 924 – 46.2 = Rs.877.80. Ans.
Q.178. A man bought a second-hand typewriter for Rs.1200 and spent Rs.200 on its repairs. He sold it for
Rs.1680. His profit per cent is
(a)20% (b)10% (c)8% (d)16% (e) None of these
bit
Ans: (a) 20%
Explanation:
The CP of the typewriter = Rs. 1200 + 200 = Rs.1400
Its SP = Rs.1680; and the profit = 1680 – 1400 = Rs.280
So, profit percent = 280 × 100/1400 = 20%.Ans.
m
Q. 179. An article is sold at a profit of 20%. If it had been sold at a profit of 25%, it would have fetched
Rs.35 more. The cost price of the article is
8A
Q. 180. Some articles were bought at 6 for Rs.5 and sold at 5 for Rs.6. Gain is
(a)5% (b)6% (c)30% (d)44% (e)None of these
Ans: (d) 44%
Explanation:
The cost price of 1 article = Rs.5/6
m
The selling price of 1 article = Rs.6/5
Profit = 6/5 – 5/6 = 11/30 and
profit percent = 11/30 ÷ 5/6 × 100 = 11/30 × 6/5 ×100 = 11/25 × 100
= 44%. Gain. Ans.
co
Q. 181. A trader marked the price of his commodity so as to include a profit of 25%. He allowed discount
of 16% on the marked price. His actual profit was
(a)5% (b)9% (c) 16% (d)25% (e)None of these
Z.
Ans: (a) 5%
Explanation:
Let the cost price of his commodity = Rs.100
Then the marked price = Rs.125
and ion
And the selling price = Rs.125 – 16% of 125 = Rs.125 -20 =Rs.105.
Thus, his actual profit =Rs.5 gain percent =5%.Ans.
Q. 182. By giving a discount of 10% on the marked price of Rs.1100 of a cycle, a dealer gains 10%. The
cost price of the cycle is
(a)Rs.1100 (b)Rs.900 (c)Rs.1089 (d)Rs.891 (e)None of them
bit
Ans: (b) Rs.900
Explanation:
The selling price = Rs.1100 – 10% of 1100 = 1100 – 110 = Rs.990
Rs. 990 is 110% of the cost price, So, the CP = 990 × 100/110 = Rs.900.Ans.
m
Q. 183. A trader marks his goods at 20% above the cost price. If he allows a discount of 5% on the
marked price, what profit percent does he make?
(a)14% (b)16% (c)18% (d)20% (e) None of these
8A
Q. 184. A discount of 14% on the marked price of an article is allowed and then the article is sold for
Rs.387. The marked price of the article is
(a)Rs.450 (b)Rs.427 (c)Rs.500 (d)Rs.440 (e)None of these
Ans: (a)Rs.450
m
Explanation:
The selling price is 86% of the marked price and is = Rs.387.
So, The marked price = 387 × 100/86 = Rs.450.Ans.
co
Q. 185. A man sells two tables at the same price. On one he makes a profit of 10% and on the other he
suffers a loss of 10%. His loss percent on the whole transaction is
(a)0 (b)1 (c)2 (d)5 (e)None of these
Ans: (b) 1% loss
Z.
Explanation:
Note: If there is an increase and decrease same percent, say,”a%” then there is always a loss
of a²/100.
Therefore, in this problem, a = 10, and therefore, loss percent = 10²/100
= 1% loss. Ans.
ion
Q. 186. If the cost price of 50 oranges is equal to the selling price of 40 oranges, then the profit per cent is
(a)5 (b)10 (c)20 (d)25 (e)None of these
Ans: (d) 25%
Explanation:
bit
Because the cost price of 50 oranges = Selling price of 40 oranges
The profit is 10 oranges out of 40 oranges;
therefore, the profit percent = 10 × 100/40 = 25%. Ans.
Q. 187. 7000 bricks were purchased for Rs.5740. The cost of transportation of these bricks to
m
construction sight was Rs.805. What was the overall cost per thousand bricks?
(a)Rs.935 (b) Rs.6545 (c) Rs.812.50 (d) Rs. 654.50 (e) None of these
Ans: (a) Rs.935
8A
Explanation:
The total cost of 7000 bricks including transportation
= Rs.5740 + Rs.805 = Rs.6545
Overall cost per 1000 bricks = 6545/7 = Rs.935. Ans.
Q.188. Chamanlal purchased 20 dozen note books @ Rs.48 per dozen. He sold 8 dozen at 10% profit
Gr
and the remaining12 dozens with 20% profit. What is the profit percentage in this transaction?
(a)15 (b) 7.68 (c)16 (d)19.2 (e)None of these
Ans: (c) 16
Explanation:
Total cost price = 20 × 48 = Rs.960/-
m
Amount of first selling = 8 × Rs.52.80 = Rs.422.40
Amount of second selling = 12 × Rs.57.60 = Rs.691.20
Total selling price = 422.40 + 691.20 = Rs.1113.60
Profit = 1113.60 – 960 = Rs.153.60
co
Therefore profit per cent in this transaction = 153.60 × 100/960 = 16%. Ans.
Q. 189. A ball pen factory decided to reduce its production by 10% over that of previous month for next 3
months starting from February 1999. In January 1999, it produced 3000 ball pens. How many ball pens
Z.
were produced in March1999?
(a)2700 (b)2430 (c)2187 (d)2400 (e)None of these
Ans: (b) 2430
Explanation:
“
ion
The no. of ball pens produced in January 1999 = 3000 given,
“ February 1999 = 3000 – 300 = 2700
March 1999 = 2700 – 270 = 2430. Ans.
Q.190. A customer purchased an office bag with a price tag of Rs.600 in a sale where 25% discount was
being offered on the tag price. The customer was given a further discount of 10% on the amount arrived
bit
at after giving usual 25% discount. What was the final amount paid by the customer?
(a) Rs.390 (b) Rs.405 (c) Rs.540 (d)Rs.565 (e) None of these
Ans: (b) Rs.405.
Explanation:
After 25% usual discount the price = Rs. 600 – 150 = Rs.450
m
Q.191. A fruit seller buys lemons at 2 for a rupee and sells them at 5 for three rupees. His gain per cent
8A
is
(a)10% (b)15% (c)20% (d)25% (e)None of them
Ans: (c) 20%
Explanation:
The cost price of 1 lemon =Rs.0 .50
Selling price of 1 lemon = Rs.0.60; therefore, profit = Rs.0.10
Gr
Q. 192. After deducting a commission of 5%, a TV set costs Rs.9595. Its marked price is
(a)Rs.10000 (b)Rs.10074.25 (c)Rs.10100 (d)Rs.12000 (e)None of these
Ans: (c) Rs.10100
m
Explanation:
The cost of Rs.9595 of TV is 95% of the marked price;
Therefore, marked price = 9595 × 100/95 = Rs.10100. Ans.
co
Q. 193. If a person sells a ‘sari’ for Rs.5200, making a profit of 30%, then the cost price of the sari is
(a)Rs.4420 (b)Rs.4000 (c) Rs.3900 (d)Rs.3800 (e)None of these
Ans: (b) Rs.4000
Explanation:
Z.
Selling price is 130% of the cost price;
Therefore, the cost price of sari = 5200 × 100/130 = Rs.4000. Ans.
Q.194. If the selling price of 40 articles is equals to the cost price of 50 articles, then the loss or gain per
cent is
ion
(a) 25% loss (b)20%loss (c)25% gain (d)20% gain (e)None of these
Ans: (c) 25% gain
Explanation:
Here, the profit is 10 articles out of 40 articles
Therefore, the gain per cent = 10 × 100/40 = 25% gain. Ans.
bit
Q. 195. Oranges are bought at the rate of 10 for Rs.25 and sold at the rate of 9 for Rs.25. The profit is
(a)9 1/11% (b)10% (c)11 1/9% (d)12 ½% (e)None of these
Ans: (c) 11 1/9%
Explanation:
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Q.196. Nikhil bought a painting at a certain price and sold it at Rs.462000 which was 10% more than the
original price. What was the price at which Nikhil bought the painting?
(a)Rs.420000 (b)Rs.440000 (c)Rs.402000 (d)Cannot be determined (e) None of these
Ans: (a)Rs.420000
Explanation:
The price at which Nikhil sold is 110 % of his cost price,
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m
(a) Rs.439.16 (b) Rs.423.16 (c) Rs.412.16 (d) Rs.436.11 (e) None of these
Ans: (a) Rs.439.16
Explanation:
The selling price = Rs.620 – 15% of 620 = 620 – 93 = Rs.527
co
Rs.527 is 120% of the cost price; Therefore,
cost price = 527 × 100/120 = Rs.439.16. Ans.
Q. 198. If the cost of 12 pencils is equal to selling price of 10 pencils, the profit per cent in the
Z.
transaction is
(a) 16 2/3% (b) 18% (c) 20% (d)25% (e) None of these
Ans: (a) 16 2/3%
Explanation:
The profit is 2 pencils out of 12 pencils
ion
Therefore, profit percent in the transaction = 2 × 100/12 = 16 4/6 = 16 2/3. Ans.
Q. 199. When a discount of 12% on the marked price of an article is allowed, the article is sold for
Rs.264. The marked price of the article is
(a) Rs.300 (b) Rs.276 (c)Rs.312 (d)Rs.325 (e)None of these
bit
Ans: (a) Rs. 300
Explanation:
The selling price is 88% of the marked price;
Therefore, the marked price = 264 × 100/88 = Rs.300.Ans.
m
Q. 200. Successive discounts of 20% and 15% are equivalent to a single discount of
(a)35% (b)32% (c)17.5% (d)17% (e) None of these
Ans: (b) 32%
8A
Explanation:
Let the marked price be Rs.100.
Then, SP will be = 100 – 20 = Rs.80 – 15% of 80 = 80 – 12 = Rs.68
Because, after the successive discounts the SP = Rs.68;
The effective discount = 32%.
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