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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
Similar Questions :

1. A man gains 20% by selling an article for a certain price. If he sells it at double the price, the percentage of profit will be.

  • 130%
  • 140%
  • 150%
  • 160%

2. A shopkeeper fixes the marked price of an item 35% above its cost price. The percentage of discount allowed to gain 8% is

  • 18%
  • 20%
  • 22%
  • 24%

3. 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

4. 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}

5. The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, find out the value of x

  • 13
  • 14
  • 15
  • 16
Read more from - Profit and Loss Questions Answers
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