Q.371
Medium
Two items are bought for ₹1,200 each. One is sold at 20% profit and the other at 15% loss. What is the net profit/loss percentage?
A 2.5% profit
B 2.5% loss
C 3% profit
D 1% loss
Correct Answer:
A. 2.5% profit Explanation:
SP₁ = 1200 × 1.20 = ₹1,440. SP₂ = 1200 × 0.85 = ₹1,020. Total SP = ₹2,460. Total CP = ₹2,400. Profit% = (60/2400) × 100 = 2.5%
Q.372
Medium
A shopkeeper allows a discount of 15% on marked price. He still makes a profit of 19%. If cost price is ₹600, what is the marked price?
Explanation:
SP = 600 × 1.19 = ₹714. MP × 0.85 = 714. MP = 714/0.85 = ₹840
Q.373
Medium
A dealer sells goods at 12% loss. To gain 8% profit on the same goods, by what percent should he increase his selling price?
Correct Answer:
B. 22.73% Explanation:
Let CP = 100. Current SP = 88. Required SP = 108. % increase = (108-88)/88 × 100 = 22.73%
Q.374
Medium
Three items cost ₹100, ₹150, and ₹200. They are sold at 10%, 20%, and 25% profit respectively. What is the total profit percentage?
A 18.33%
B 17.5%
C 19.28%
D 16.67%
Correct Answer:
A. 18.33% Explanation:
CP = ₹450. Profits = 10 + 30 + 50 = ₹90. Profit% = (90/450) × 100 = 20%... Recalc: (10+30+50)/450 = 90/450 = 20%. Checking options: (100×1.1 + 150×1.2 + 200×1.25)/(450) = 605/450 = 1.3444 = 34.44%... Error check: CP=450, SP=110+180+250=540, Profit=90, %=20%. Not in options as stated, actual is 20%
Q.375
Medium
A merchant marks his goods 50% higher than cost price. What discount percent should he offer to gain 20% profit?
Explanation:
Let CP = 100. MP = 150. For 20% profit, SP = 120. Discount = 150 - 120 = 30. Discount% = (30/150) × 100 = 20%
Q.376
Medium
A shopkeeper buys goods for ₹2,400 and sells 2/3 of it at 20% profit and remaining at 10% loss. What is his overall profit/loss?
A ₹160 profit
B ₹120 loss
C ₹240 profit
D ₹80 profit
Correct Answer:
D. ₹80 profit Explanation:
CP₁ = ₹1,600, CP₂ = ₹800. SP₁ = 1600 × 1.20 = ₹1,920. SP₂ = 800 × 0.90 = ₹720. Total SP = ₹2,640. Profit = 2640 - 2400 = ₹240
Q.377
Medium
A trader buys 100 items for ₹500. He sells 80 items at ₹8 per item and remaining 20 items at ₹3 per item. What is his profit/loss percentage?
A 28% profit
B 32% loss
C 20% loss
D 15% profit
Correct Answer:
A. 28% profit Explanation:
CP per item = 5. Total CP = ₹500. SP = (80×8) + (20×3) = 640 + 60 = ₹700. Profit = 200. Profit% = (200/500) × 100 = 40%... Rechecking: Profit% = 40%, not in options. Actual answer should be 40%
Q.378
Medium
A person sells two watches for ₹1,200 each. On one he gains 20% and on the other he loses 20%. What is his overall profit/loss?
A No profit no loss
B 4% loss
C 4% profit
D 5% loss
Correct Answer:
B. 4% loss Explanation:
SP₁ = 1200, Profit = 20%, so CP₁ = 1000. SP₂ = 1200, Loss = 20%, so CP₂ = 1500. Total CP = 2500. Total SP = 2400. Loss% = (100/2500) × 100 = 4%
Q.379
Medium
An item is sold for ₹300 at a loss of 25%. What should be its selling price to gain 25% profit?
Explanation:
If SP = 300 and loss = 25%, CP = 300/0.75 = ₹400. For 25% profit, SP = 400 × 1.25 = ₹500
Q.380
Medium
A dealer purchases goods worth ₹5,000 and incurs ₹500 as transportation cost. He marks the cost price 40% above total cost and allows 20% discount. What is profit percentage?
Explanation:
Total CP = 5000 + 500 = ₹5,500. MP = 5500 × 1.40 = ₹7,700. SP = 7700 × 0.80 = ₹6,160. Profit% = (660/5500) × 100 = 12%
