Quiz Discussion

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 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

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

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

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

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

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%

 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%

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%