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Question Detail
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
=>25=(20−xx∗100)=>2000−100x=25x=>x=16
1. 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
- 619%
- 617%
- 5511%
- 3511%
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
Gain%=3005500∗100=5511%
2. 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,
=>(125100∗115100∗110100∗P)=1265=>253160P=1265=>P=800
3. 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.)
=>(951140=105x)=>x=1260
4. Akhil purchased 70kg vegetable at Rs. 420, then sold them at the rate of Rs. 6.50 per kg, find the profit percent.
- 813%
- 713%
- 613%
- 513%
Answer: Option A
Explanation:
Please note in this type of questions, get the value of 1 kg to solve this question, lets solve it.
C.P. of 1 Kg = 420/70 = Rs. 6
Selling Price = 6.50
Gain = Rs. 0.50
Gain%=.506∗100=813%
5. 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.
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