Quiz Discussion

The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:

• 1]

  15

• 2]

  16

• 3]

  18

• 4]

  25

A cloth merchant sold half of his cloth at 20% profit, half of the remaining at 20% loss and the rest was sold at the cost price. In the total transaction, his gain or loss will be:

• 1]

  Neither Loss, nor gain

• 2]

  5% Loss

• 3]

  5% Gain

• 4]

  10% gain

In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?

• 1]

  30%

• 2]

  70%

• 3]

  100%

• 4]

  250%

A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?

• 1]

  3

• 2]

  4

• 3]

  5

• 4]

  6

A shopkeeper cheats to the extent of 10% while buying and selling, by using false weights. His total gain is.

• 1]

  20%

• 2]

  21%

• 3]

  22%

• 4]

  23%

A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:

• 1]

  No profit, no loss

• 2]

  5%

• 3]

  8%

• 4]

  10%

A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?

• 1]

  Rs. 1090

• 2]

  Rs. 1060

• 3]

  Rs. 1190

• 4]

  Rs. 1202

A person purchases 90 clocks and sells 40 clocks at a gain of 10% and 50 clocks at a gain of 20%. If he sold all of them at a uniform profit of 15%, then he would have got Rs. 40 less. The cost price of each clock is 

• 1]

  Rs. 50

• 2]

  Rs. 60

• 3]

  Rs. 80

• 4]

  Rs. 90

Jacob bought a scooter for a certain sum of money. He spent 10% of the cost on repairs and sold the scooter for a profit of Rs. 1100. How much did he spend on repairs if he made a profit of 20 %?

• 1]

  Rs. 400

• 2]

  Rs. 440

• 3]

  Rs. 500

• 4]

  Rs. 550

 On an order of 5 dozen boxes of a consumer product, a retailer receives an extra dozen free. This is equivalent to allowing him a discount of :

• 1]

  15%

• 2]

  16*1/16 %

• 3]

  16*2/3 %

• 4]

  20%