Quiz Discussion

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%

When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?

• 1]

  Rs. 21,000

• 2]

  Rs. 22,500

• 3]

  Rs. 25,300

• 4]

  Rs. 25,800

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

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

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 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

By selling 12 oranges for a rupee, a man loses 20%. How many for a rupee should he sell to get a gain of 20%?

• 1]

  5

• 2]

  8

• 3]

  10

• 4]

  15

 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%

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 fair price shopkeeper takes 10% profit on his goods. He lost 20% goods during theft. His loss percent is

• 1]

  12

• 2]

  15

• 3]

  20

• 4]

  25