arithmetic profit and loss questions and answers paper 252 - skillgunNote: Paper virtual numbers may be different from actual paper numbers . In the page numbers section website displaying virtual numbers .
Abhinav sold an article at a loss of 15%.if the selling price has been increased by Rs100, there would have been a gain of 10%.what was the cost price of the article?
none of the above
Let C.P be Rs x. then (110% of x)-(85 % of x) =100 or 25% of x=100
x/4 = 100 or x=400
so, C.P = Rs 400
Tyson bought a horse and a car ridge for Rs 3000. He sold the horse at a gain of 20% and the carriage at a loss of 10%, thereby gaining 2% on the whole. Find the cost of the horse.
Let the C.P of the horse be Rs. x, then C.P of the carriage =Rs (3000-x)
20% of x-10% of (3000-x) =2% of 3000
=> x =1200
=> hence, C.P of the horse =Rs 1200
A fruit seller bought oranges at 6 for Rs.10 and sold them at Rs.4 for Rs.6 .Find his gain or loss percent?
Suppose, number of oranges bought = LCM of 6 and 4=12
CP=Rs. [(10/6)*12] =Rs.20
SP= Rs [(6/4)*12] =Rs.18
Loss %=[( 2/20)*100] %=10%
An illiterate retailer marks all its goods at 50% above the cost price and thinking that he will still make 25% profit, offers a discount of 25% on the market price. What is the actual profit on the sales?
Let C.P =Rs 100.then, marked price =Rs100
S.P=75% of Rs 150= Rs 112.50
At what % above C.P must an article be marked so as to gain 20% after allowing a customer a discount of 10%?
Let C.P be Rs 100.then S.P be Rs 120
Let the market price be Rs x
Then 90% of x=120=>90x/100=120=>x= (120*100/90) =133.33
Market price = 33.33% above C.P
A retailer buys 20 watches at the market price of 18 watches from a wholesaler, if he sells these watches giving a discount of one percent, what is the profit %?
Let the market price of each watch be Rs 1
Then, C.P of 20 watch = Rs 18 S.P of 20 watch =99% of Rs 20=Rs 19.8
Profit %=(( 1.8*100)/18) %=10%
A shopkeeper fixes the marked price of an item 25% above its cost price. The percentage of discount allowed to gain 10% is
Let C.P =Rs.100
Then, marked price =Rs.125,
Discount % =(15/125×100)%
Hanuman sells a pen at a profit of 25%. if he had bought it 20% less and sold it for Rs 10.50 less, he would have gained 30%. Find the cost price of the pen.
Let the C.P be Rs x
1st S.P=125% of x =125x/100=5x/4; 2nd S.P=80% of x=80x/100=4x/5
2nd S.P=130% of 4x/5= (130/100*4x/5) =26x/25
=> x= (10.50*100)/21=50
Hence C.P= Rs.50
Jithesh brought toffees at five for a rupee. How many for a rupee must he sell to gain 25%?
C.P of 5 toffees=Re 1; S.P of 5 toffees =125% of Re.1=5/4.
For Rs.5/4, toffees sold =5, for Re.1, toffees sold = [5*(4/5)] = 4.
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