Question Detail

Sahil purchased a machine at Rs 10000, then got it repaired at Rs 5000, then gave its transportation charges Rs 1000. Then he sold it with 50% of profit. At what price he actually sold it.

Rs. 22000
Rs. 24000
Rs. 26000
Rs. 28000

Answer: Option B

Explanation:

Question seems a bit tricky, but it is very simple.
Just calculate all Cost price, then get 150% of CP.

C.P. = 10000 + 5000 + 1000 = 16000

150% of 16000 = 150/100 * 16000 = 24000

1. 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

2. A TV is purchased at Rs. 5000 and sold at Rs. 4000, find the lost percent.

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}

3. 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

4. If the cost price of 12 items is equal to the selling price of 16 items, the loss percent is

Answer: Option B

Explanation:

Let the Cost Price of 1 item = Re. 1
Cost Price of 16 items = 16
Selling Price of 16 items = 12

Loss = 16 - 12 = Rs 4

Loss % = (4/16)* 100 = 25%

5. Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is

\begin{aligned} \frac{6}{19}\% \end{aligned}
\begin{aligned} \frac{6}{17}\% \end{aligned}
\begin{aligned} 5\frac{5}{11}\% \end{aligned}
\begin{aligned} 3\frac{5}{11}\% \end{aligned}

Answer: Option C

Explanation:

Whenever we get this type of question, we should have formula in mind that,
Gain% = (gain/cost)*100

Cost = 4700 + 800 = Rs. 5500
S.P. = Rs. 5800

Profit = 5800 - 5500 = 300
\begin{aligned}
Gain\% = \frac{300}{5500}*100 \\
= 5\frac{5}{11}\%
\end{aligned}