Question Detail

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

1. 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

Answer: Option D

Explanation:

Gain % = (164.36*100/2400) = 6.84 % = 7% approx

2. 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

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%

3. 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.

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}

4. 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}

5. 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