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Question Detail
A person incurs a loss of 5% be selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit.
- Rs.1200
- Rs.1230
- Rs.1260
- Rs.1290
Answer: Option C
Explanation:
Let the new S.P. be x, then.
(100 - loss%):(1st S.P.) = (100 + gain%):(2nd S.P.)
\begin{aligned}
=>\left( \frac{95}{1140} = \frac{105}{x} \right) \\
=> x = 1260
\end{aligned}
1. Which among following options are true relating to this question :
Ram sold a card and makes 20% profit out of it, how much profit he actually earned ?
1. Difference between cost price of card and selling price of card is Rs. 40.
2. Selling price of card is 120% of cost price of card.
- Either 1 and 2 are sufficient to answer
- Either 1 and 2 are not sufficient to answer
- 1 is sufficient to answer alone, 2 is not sufficient to answer
- 2 is sufficient to answer alone, 1 is not sufficient to answer
Answer: Option C
Explanation:
From the question it is clear that, Gain is 20%
From 1, it is clear that S.P. - C.P. = 40, so it is sufficient to get answer.
While 2 is not sufficient to get answer.
2. A fruit seller sells mangoes at the rate of Rs.9 per kg and thereby loses 20%. At what price per kg, he should have sold them to make a profit of 5%
- Rs 8.81
- Rs 9.81
- Rs 10.81
- Rs 11.81
Answer: Option D
Explanation:
85 : 9 = 105 : x
x= (9×105/85)
= Rs 11.81
3. 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
4. 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}
5. A person incurs a loss of 5% be selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit.
- Rs.1200
- Rs.1230
- Rs.1260
- Rs.1290
Answer: Option C
Explanation:
Let the new S.P. be x, then.
(100 - loss%):(1st S.P.) = (100 + gain%):(2nd S.P.)
\begin{aligned}
=>\left( \frac{95}{1140} = \frac{105}{x} \right) \\
=> x = 1260
\end{aligned}
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