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A. B. C. D. Answer & Explanation

1. Alfred buys a scooter for Rs. 4700 and spends Rs. 800 on repairs. He sells it for Rs. 5800, making a profit of 51%. 2. A question involves cost price of 20 articles equaling selling price of x articles. With 25% profit, x equals 16. 3. If selling price doubles and profit triples, the profit percentage is 100%. 4. A store's profit is 320% of cost. With a 25% cost increase but constant selling price, the profit percentage of selling price is approximately 70%.

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84 views8 pages

A. B. C. D. Answer & Explanation

1. Alfred buys a scooter for Rs. 4700 and spends Rs. 800 on repairs. He sells it for Rs. 5800, making a profit of 51%. 2. A question involves cost price of 20 articles equaling selling price of x articles. With 25% profit, x equals 16. 3. If selling price doubles and profit triples, the profit percentage is 100%. 4. A store's profit is 320% of cost. With a 25% cost increase but constant selling price, the profit percentage of selling price is approximately 70%.

Uploaded by

sah108_pk796
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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1 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: 4 5 4 % A. 7 B.5 1 % 1 C.10% D.12% Answer & Explanation Answer: Option B Explanation: Cost Price (C.P.) = Rs. (4700 + 800) = Rs. 5500. Selling Price (S.P.) = Rs. 5800. Gain = (S.P.) - (C.P.) = Rs.(5800 - 5500) = Rs. 300. 300 5 x Gain % = 550 =51% 100 % 0 1 2 The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, . then the value of x is: A.15 B.16 C.18 D.25 Answer & Explanation Answer: Option B Explanation: Let C.P. of each article be Re. 1 C.P. of x articles = Rs. x. S.P. of x articles = Rs. 20. Profit = Rs. (20 - x). 20 x x 100 = 25 x

2000 - 100x = 25x 125x = 2000 x = 16. 3 If selling price is doubled, the profit triples. Find the profit percent. . 62 A. B.100 63 10 1 C. D.120 5 3 Answer & Explanation Answer: Option B Explanation: Let C.P. be Rs. x and S.P. be Rs. y. Then, 3(y - x) = (2y - x) y = 2x.

Profit = Rs. (y - x) = Rs. (2x - x) = Rs. x. Profit % x x = x 100 % = 100% 4 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? A.30% B.70% C.100% D.250% Answer & Explanation Answer: Option B Explanation: Let C.P.= Rs. 100. Then, Profit = Rs. 320, S.P. = Rs. 420. New C.P. = 125% of Rs. 100 = Rs. 125

New S.P. = Rs. 420. Profit = Rs. (420 - 125) = Rs. 295. 29 147 5 x 5 Required percentage = = % = 70% (approximately). 42 100 % 21 0 A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%? A.3 B.4 C.5 D.6 Answer & Explanation Answer: Option C Explanation: C.P. of 6 toffees = Re. 1 6 S.P. of 6 toffees = 120% of Re. 1 = Rs. 5 6 For Rs. , toffees sold = 6. 5 For Re. 1, toffees sold = 65 = 5. x6

6 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? A.Rs. 2000 B.Rs. 2200 C.Rs. 2400 D.Data inadequate Answer & Explanation Answer: Option A Explanation: Let C.P. be Rs. x. Then, 1920 xx x 100 = 1280 x x x 100

1920 - x = x - 1280 2x = 3200 x = 1600 12 5 x Required S.P. = 125% of Rs. 1600 = Rs. = Rs 2000. 10 1600 0 7 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? A.Rs. 18.20 B.Rs. 70 C.Rs. 72 D.Rs. 88.25 Answer & Explanation Answer: Option C Explanation: 100 x 0 x C.P. = Rs. = Rs. = Rs. 320 122. 392 122 392 5 5 100 Profit = Rs. (392 - 320) = Rs. 72.

8 A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the . cycle? A.Rs. 1090 B.Rs. 1160 C.Rs. 1190 D.Rs. 1202 Answer & Explanation Answer: Option C Explanation: S.P. = 85% of Rs. 1400 = Rs. 85 x = Rs. 1190 10 1400
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0 9 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? A.3.5 B.4.5 C.5.6 D.6.5 Answer & Explanation Answer: Option C Explanation: Cost Price of 1 toy = Rs. 37 5 = Rs. 31.25 12

Selling Price of 1 toy = Rs. 33 So, Gain = Rs. (33 - 31.25) = Rs. 1.75 Profit % = 2 x 8 = % = 5.6% 31.2 100 % 5 5 1.75

10 Some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6. Gain percent . is: 31 A.30% B. % 33 C.35% D.44% Answer & Explanation Answer: Option D Explanation: Suppose, number of articles bought = L.C.M. of 6 and 5 = 30. 5 x = Rs. 25. 6 30 6 x S.P. of 30 articles = Rs. = Rs. 36. 5 30 C.P. of 30 articles = Rs.
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1 1 x Gain % = 2 100 % = 44%. 5 11 On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price . of a ball is: A.Rs. 45 B.Rs. 50 C.Rs. 55 D.Rs. 60 Answer & Explanation Answer: Option D Explanation: (C.P. of 17 balls) - (S.P. of 17 balls) = (C.P. of 5 balls) C.P. of 12 balls = S.P. of 17 balls = Rs.720. 72 C.P. of 1 ball = Rs. 0 = Rs. 60. 12 12 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%? A.Rs. 21,000 B.Rs. 22,500 C.Rs. 25,300 D.Rs. 25,800 Answer & Explanation Answer: Option C Explanation: 85 : 18700 = 115 : x x = 18700 x 115 85 = 25300.

Hence, S.P. = Rs. 25,300. 13 100 oranges are bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. The
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percentage of profit or loss is: 12 A. % gain 47 12 C. % loss 47 Answer & Explanation Answer: Option A Explanation: 35 0 C.P. of 1 orange = Rs. = Rs. 3.50 10 0 4 8 S.P. of 1 orange = Rs. = Rs. 4 1 2 0.5 10 2 0 x 0 Gain% = = % = 14 % 3.5 100 % 7 7 0

B.15% gain D.15 % loss

14 A shopkeeper sells one transistor for Rs. 840 at a gain of 20% and another for Rs. 960 at a . loss of 4%. His total gain or loss percent is: 1 1 5 5 A.5 % loss B.5 % gain 1 1 7 7 2 C.6 % gain D.None of these 3 Answer & Explanation Answer: Option B Explanation: 10 0 x C.P. of 1st transistor = Rs. = Rs. 700. 12 840 0 10 x C.P. of 2nd transistor = Rs. = Rs. 1000 0 960
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96 So, total C.P. = Rs. (700 + 1000) = Rs. 1700. Total S.P. = Rs. (840 + 960) = Rs. 1800. 1 x 5 Gain % = =5 % 170 100 % 1 0 7 100 15 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: A.No profit, no loss B.5% C.8% D.10% E. None of these Answer & Explanation Answer: Option B Explanation: C.P. of 56 kg rice = Rs. (26 x 20 + 30 x 36) = Rs. (520 + 1080) = Rs. 1600. S.P. of 56 kg rice = Rs. (56 x 30) = Rs. 1680. 80 x Gain = 160 100 % = 5%. 0

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