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%

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 man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle?

• 1]

  Rs. 1090

• 2]

  Rs. 1060

• 3]

  Rs. 1190

• 4]

  Rs. 1202

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%

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

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

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

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 %

If selling price is doubled, the profit triples. Find the profit percent.

• 1]

  66*2/3

• 2]

  100

• 3]

  105*1/3

• 4]

  120

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