Quiz Discussion

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 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

Sam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?

• 1]

  3.5

• 2]

  4.5

• 3]

  5.6

• 4]

  6.5

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

On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is:

• 1]

  Rs. 45

• 2]

  Rs. 50

• 3]

  Rs. 55

• 4]

  Rs. 60

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 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

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 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

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