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Question Detail
A man bought an article and sold it at a gain of 5 %. If he had bought it at 5% less and sold it for Re 1 less, he would have made a profit of 10%. The C.P. of the article was
- Rs 100
- Rs 150
- Rs 200
- Rs 250
Answer: Option C
Explanation:
Let original Cost price is x
Its Selling price = 105/100 * x = 21x/20
New Cost price = 95/100 * x = 19x/20
New Selling price = 110/100 * 19x/20 = 209x/200
[(21x/20) - (209x/200)] = 1
=> x = 200
1. If the cost price is 25% of selling price. Then what is the profit percent.
- 150%
- 200%
- 300%
- 350%
Answer: Option C
Explanation:
Let the S.P = 100
then C.P. = 25
Profit = 75
Profit% = 75/25 * 100 = 3005
2. A shopkeeper sold an article for Rs 2564.36. Approximately what was his profit percent if the cost price of the article was Rs 2400
- 4%
- 5%
- 6%
- 7%
Answer: Option D
Explanation:
Gain % = (164.36*100/2400) = 6.84 % = 7% approx
3. A shopkeeper expects a gain of 45/2 % on his C.P. If his sale was Rs. 392, then find his profit.
- Rs. 70
- Rs. 72
- Rs. 74
- Rs. 76
Answer: Option B
Explanation:
We Know,
\begin{aligned}
S.P. = \left( \frac{100+gain\%}{100} * C.P \right)\\
=> C.P. = \frac{100}{122.50}* 392 \\
= 320 \\
Profit = 392 -320 = Rs 72
\end{aligned}
4. The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25% then determine the value of x.
- 14
- 15
- 16
- 17
Answer: Option C
Explanation:
Let the cost price 1 article = Re 1
Cost price of x articles = x
S.P of x articles = 20
Gain = 20 -x
\begin{aligned}
=> 25 = \left( \frac{20-x}{x} * 100 \right) \\
=> 2000 - 100x = 25 x \\
=> x = 16
\end{aligned}
5. A man buys an article for Rs. 27.50 and sells it for Rs 28.60. Find his gain percent
- 1%
- 2%
- 3%
- 4%
Answer: Option D
Explanation:
So we have C.P. = 27.50
S.P. = 28.60
Gain = 28.60 - 27.50 = Rs. 1.10
\begin{aligned}
Gain\% = \left( \frac{Gain}{Cost} * 100 \right)\% \\
= \left( \frac{1.10}{27.50} * 100 \right)\% = 4\%
\end{aligned}
Thanks ! Your comment will be approved shortly !
-
Anjali 8 years ago
A man sold an article and found that he gained 25% on SP . If he reduces the SP of the article by ?40, he would have gained 20% on the cost price. Find the original SP.
-
Saurabh 9 years ago
a men sold a watch and earns 20 % profit if he bought it in 200 less and sold in 100 rupees less then he get 10% more profit, find the cost price
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