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

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%

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 %

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 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

A person purchases 90 clocks and sells 40 clocks at a gain of 10% and 50 clocks at a gain of 20%. If he sold all of them at a uniform profit of 15%, then he would have got Rs. 40 less. The cost price of each clock is 

• 1]

  Rs. 50

• 2]

  Rs. 60

• 3]

  Rs. 80

• 4]

  Rs. 90

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 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

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%

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