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Question Detail
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}
1. A material is purchased for Rs. 600. If one fourth of the material is sold at a loss of 20% and the remaining at a gain of 10%, Find out the overall gain or loss percentage
 \begin{aligned} 4\frac{1}{2} \end{aligned}
 \begin{aligned} 3\frac{1}{2} \end{aligned}
 \begin{aligned} 2\frac{1}{2} \end{aligned}
 \begin{aligned} 1\frac{1}{2} \end{aligned}
Answer: Option C
Explanation:
We need to get the Total selling price to solve this question. Because after getting selling price we can get profit or loss, then we can calculate profit% or loss%
So lets solve this:
Price Received by selling one fourth of the material at a loss of 20% =
(1/4) * 600 * (80/100) = Rs. 120
Price Received by remaining material at a gain of 10% =
(3/4) * 600 * (110/100) = Rs. 495 [Note: 1(1/4) = 3/4]
Total Selling Price = 120 + 465 = Rs. 615
Profit = 615  600 = 15
\begin{aligned}
Profit\% = \left( \frac{Gain}{Cost} * 100 \right)\% \\
= \left( \frac{15}{600} * 100 \right)\% \\
= \frac{5}{2}\% = 2\frac{1}{2}\%
\end{aligned}
2. A pair of articles was bought for Rs. 37.40 at a discount of 15%. What must be the marked price of each of the articles ?
 Rs15
 Rs 20
 Rs 22
 Rs 25
Answer: Option C
Explanation:
As question states that rate was of pair of articles,
So rate of One article = 37.40/2 = Rs. 18.70
Let Marked price = Rs X
then 85% of X = 18.70
=> X = 1870/85 = 22
3. A producer of tea blends two varieties of tea from two tea gardens one costing Rs 18 per kg and another Rs 20 per kg in the ratio 5 : 3. If he sells the blended variety at Rs 21 per kg, then his gain percent is
 12%
 13%
 14%
 15%
Answer: Option A
Explanation:
Suppose he bought 5 kg and 3 kg of tea.
Cost Price = Rs. (5 x 18 + 3 x 20) = Rs. 150.
Selling price = Rs. (8 x 21) = Rs. 168.
Profit = 168  150 = 18
So, Profit % = (18/150) * 100 = 12%
4. A TV is purchased at Rs. 5000 and sold at Rs. 4000, find the lost percent.
 10%
 20%
 25%
 28%
Answer: Option B
Explanation:
We know, C.P. = 5000
S.P. = 4000
Loss = 5000  4000 = 1000
\begin{aligned}
Loss\% = \left( \frac{Loss}{Cost} * 100 \right)\% \\
= \left( \frac{1000}{5000} * 100 \right)\% = 20\%
\end{aligned}
5. If the manufacturer gains 10 %, the wholesale dealer 15 % and the retailer 25 %, then find the cost of production of a table if the retail price was Rs 1265
 Rs. 750
 Rs. 800
 Rs. 850
 Rs. 900
Answer: Option B
Explanation:
Let the cost of Production = Rs. P
Then, as per question,
\begin{aligned}
=> \left( \frac{125}{100} *\frac{115}{100}*\frac{110}{100} * P \right) = 1265\\
=> \frac{253}{160}P = 1265 \\
=> P = 800
\end{aligned}
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Manuel 6 years ago
What is the best way to increase your prboelm solving skills? I'm working in a public school and students come up to me with issues with other kids, and some of their issues I just don't know what to do. How would YOU increase your prboelm solving skill if you were in my situation?
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