Quiz Discussion

 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%

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 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

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

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%

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 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

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

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 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%