Quiz Discussion

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 man buys an article for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is:

• 1]

  no profit, no loss

• 2]

  20% profit

• 3]

  less than 20% profit

• 4]

  more than 20% profit

The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?

• 1]

  Rs. 2000

• 2]

  Rs. 2200

• 3]

  Rs. 2400

• 4]

  Data inadequate

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 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

Successive discount of 10%,12% and 15% amount to a single discount of:

• 1]

  32.68%

• 2]

  35.28%

• 3]

  36.68%

• 4]

  None Of These

A shopkeeper gives 12% additional discount on the discounted price, after giving an initial discount of 20% on the labelled price of a radio. If the final sale price of the radio is Rs. 704, then what is its labelled price?

• 1]

  Rs 844.80

• 2]

  Rs 929.28

• 3]

  Rs 1000

• 4]

  Rs 1044.8

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

 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%

100 oranges are bought at the rate of Rs.350 and sold at the rate of Rs.48 per dozen. The percentage of profit or loss is:

• 1]

  14 * 2/7 % gain

• 2]

  15% gain

• 3]

  14 * 2/7 % loss

• 4]

  15% loss