Profit And Loss
Sponsor Area
20% raise of price followed by a discount of 25% of the raised portion will
-
increase the price by 10%
-
decrease the price by 5%
-
increases the price by 15%
-
decrease the price by 15%
C.
increases the price by 15%
Let original cost of the object be ₹ 100.
If 20% raised in price, then cost of the object = ₹ 120
Cost increased = ₹ (120 - 100)
= ₹ 20
∴ Discount on increased cost
= 25% of 20
∴ New cost = ₹ (120 - 5) = ₹ 115
Hence, 15% cost will be increased.
Sponsor Area
4% of the selling price of an article is equal to 5% of its cost price. Again 20% of the selling price is Rs. 120 more than 22% of its cost price. The ratio of cost price and selling price is
-
2 : 3
-
3 : 2
-
4 : 5
-
5 : 4
C.
4 : 5
Let the C.P. of article be Rs. x
Let the S.P. be Rs. y
60% of the cost price of an article is equal to 50% of its selling price. Then the percentage of profit or loss on the cost price is
-
20% loss
-
-
20% profit
-
10% loss
C.
20% profit
60% of CP = 50% of SP
6 CP = 5 SP
A book seller allowed 10% discount on printed price. He gets 30% commission from publisher. His profit in percent will be
-
20
-
-
25
-
B.
Let the marked price of book be Rs. 100.
C.P. for the retailer = Rs. (100 - 30) = Rs. 70
S.P. for the retailer = Rs. 90
∴ Profit per cent
A bookseller bought 500 text books for ₹ 20,000. He wanted to sell them at a profit so that he get 50 books free. At what profit percent should he sell them?
-
10%
-
20%
-
15%
-
10.5%
A.
10%
C.P. of 500 books = ₹ 20,000/-
C.P. of 50 books = 
= ₹ 2,000/-
S.P. of 500 books = ₹(20,000 + 2000)/- = ₹ 22000/-
Gain = ₹(22000 - 20000)/- = ₹ 2000/-
Gain% = 
= 
= 10%
Sponsor Area
Mock Test Series
Mock Test Series