Quiz Discussion

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%

Some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6. Gain percent is:

• 1]

  30%

• 2]

  33*1/3 %

• 3]

  35%

• 4]

  44%

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 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%

When a commodity is sold Rs. 34.80, there is a loss of 25%. What is the cost price?

• 1]

  36.20

• 2]

  43.40

• 3]

  56.60

• 4]

  46.40

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 businessman sold two cars for Rs. 9900 each, making 10% profit on one and losing 10% on the other. His gain or loss per cent on the two cars is:

• 1]

  No gain, No Loss

• 2]

  Loss of 1%

• 3]

  Gain of 1.5%

• 4]

  Gain of 2%

A shopkeeper sells two watches for Rs. 308 each. On one he gets 12% profit and on the other 12 % loss. His profit or loss in the entire transaction was :

• 1]

  Neither Profit , Nor Loss

• 2]

  11/25 % Loss

• 3]

  1* 11/25 % Profit

• 4]

  3* 2/25 % Loss

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

If the cost price of 12 pens is equal to the selling price of 8 pens, the gain percent is : 

• 1]

  25%

• 2]

  33*1/3 %

• 3]

  50%

• 4]

  66*2/3 %