Showing 321–330 of 429 questions
Q.321
Easy
Profit and Loss
The cost price of 12 items equals the selling price of 10 items. Find profit percentage.
Explanation:
Let CP of 1 item = x. Then 12x = 10 × SP. SP = 1.2x. Profit = 20%.
Q.322
Easy
Profit and Loss
If selling price of an item is 4/3 times its cost price, what is the profit percentage?
Correct Answer:
C. 33.33%Explanation:
SP = (4/3)CP. Profit = SP - CP = (4/3)CP - CP = (1/3)CP. Profit% = (1/3)/(CP) × 100 = 33.33%.
Q.323
Easy
Profit and Loss
A person buys 3 kg of sugar for ₹150 and sells 2 kg for ₹120. What is his profit/loss percentage?
A20% profit
B20% loss
C25% profit
DNo profit no loss
Correct Answer:
A. 20% profitExplanation:
CP per kg = 150/3 = ₹50. SP per kg = 120/2 = ₹60. Profit per kg = ₹10. Profit% = 10/50 × 100 = 20%.
Q.324
Easy
Profit and Loss
A shopkeeper buys two items for ₹1,000 each. He sells one at 20% profit and the other at 15% loss. What is his net profit/loss?
A₹25 profit
B₹50 profit
C₹50 loss
D₹100 profit
Correct Answer:
B. ₹50 profitExplanation:
Item 1 SP = 1,000 × 1.2 = ₹1,200. Item 2 SP = 1,000 × 0.85 = ₹850. Total SP = ₹2,050. Total CP = ₹2,000. Net profit = ₹50.
Q.325
Easy
Profit and Loss
A shop offers 'Buy 3 Get 1 Free' offer on items marked at ₹100 each. What is the effective discount percentage?
Explanation:
For 4 items: Total marked price = ₹400. Customer pays for 3 = ₹300. Discount = 100/400 × 100 = 25%.
Q.326
Easy
Profit and Loss
A retailer purchases items at ₹80 per unit and sells them at ₹120 per unit. If he sells 150 units, what is his total profit percentage?
Explanation:
Profit per unit = 120 - 80 = ₹40. Profit% = (40/80) × 100 = 50%
Q.327
Easy
Profit and Loss
If an article is sold for ₹460, the profit is 15%. What would be the profit percentage if it is sold for ₹500?
Explanation:
If SP = 460 and profit = 15%, then CP = 460/1.15 = ₹400. If SP = 500, Profit% = (500-400)/400 × 100 = 25%
Q.328
Easy
Profit and Loss
A person buys notebooks at ₹15 per piece and sells at ₹22 per piece. If he sells 300 notebooks, what is his profit?
A₹1,800
B₹2,000
C₹2,100
D₹2,400
Correct Answer:
C. ₹2,100Explanation:
Profit per notebook = 22 - 15 = ₹7. Total profit = 7 × 300 = ₹2,100
Q.329
Easy
Profit and Loss
If cost price and selling price of an item are in ratio 4:5, what is the profit percentage?
Explanation:
Let CP = 4x, SP = 5x. Profit = x. Profit% = (x/4x) × 100 = 25%
Q.330
Easy
Profit and Loss
A shopkeeper marks goods 25% above cost price and gives a discount of 10%. What is his net profit percentage?
Explanation:
Let CP = 100. MP = 125. SP = 125 × 0.90 = 112.5. Profit% = (12.5/100) × 100 = 12.5%
