Quiz Discussion

A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?

• 1]

  Rs. 18.20

• 2]

  Rs. 70

• 3]

  Rs. 72

• 4]

  Rs. 88.25

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:

• 1]

  4*4/7 %

• 2]

  5*5/11 %

• 3]

  10%

• 4]

  12%

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 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

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 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

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

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

• 1]

  130%

• 2]

  140%

• 3]

  150%

• 4]

  160%

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