Quiz Discussion

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

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

• 1]

  66*2/3

• 2]

  100

• 3]

  105*1/3

• 4]

  120

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 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

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

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

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

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

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 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%