Practice questions here, for every subject and every exam. Unlimited questions for unlimited attempts, given with answers and explanations.
When selling two mobile phones at Rs. 735 each, there is a profit of $16 \frac{2}{3} \%$ on first mobile phone and same percentage of loss on second mobile phone. Find out the total profit or loss(in Rs.) on whole transaction :
When selling a TV at Rs. 750 the profit gained is $33.33 \%$ more than the loss occurs when it is sold at Rs. $400 .$ Find out the selling price when it is sold at $20 \%$ profit.
Let
Cost price of TV = $x$ Rs
According to Question
$750 - x$ =$\frac{(400 - x)\times 4}{3}$
2250 - $3x$ = 1600 - $4x$
$7x$ = 3850
$x$ = Rs 550
Selling price if sold at 20% profit
$\frac{550\times 6}{5}$
= Rs 660
A salesman sold a watch at a loss of 15%. If the selling price had been increased by ₹ 2250, there would have been a gain of 10 %. What was the cost price of the watch?
$\text { Here, } 15 \%+10 \%=2250$
$\Rightarrow 25 \%=2250 $
$\Rightarrow 100 \%=9000$
Hence, 9000 be the cost price of article.
CP of A is $15 \%$ Less than CP of B, SP of C is $20 \%$ more than CP of B. If loss on $C$ is $14.28 \%$ and difference between CP of C and CP of A is Rs. 231. Calculate SP of B when B is sold at $10 \%$ profit.
$\Rightarrow \mathrm{CP}$ of $\mathrm{C}-\mathrm{CP}$ of $\mathrm{A}=140 x-85 x=55 x$
$\Rightarrow 55 x=231$
SP of $B=100 \times \frac{110}{100}=110 x$
Now, $55 x=231$
$\therefore 110 x=462$
Let, Cost Price is x
$x \times \frac{100+8}{100}+150=x \times \frac{100+14}{100}$
$108 x+15000=114 x$
$6 x=15000$
$x=2500$
Gain $\%=\frac{2650-2500}{2500} \times 100=6 \%$
Any person bought 10 articles for Rs. 8 and sold them for Rs.1.25 per item. His profit percentage is-
Profit $=12.5- 8 = 4.5$
$\text { Profit} \%=(\frac{4.5}{8} \times 100) \%$
$\Rightarrow \frac{450}{8}=56\frac{1}{4} \%$
A shopkeeper marked every item $25 \%$ above the cost price and allowed $10 \%$ discount. Shruti being a regular customer got $5 \%$ additional discount on the bill and paid ' 2394 for the item purchased. What is the cost price of the item (in ')?
Let the cost price of the item purchased by Shruti be $x$.
Now,
Marked price
$\Rightarrow x+x \times 25 \% $
$\Rightarrow x(1+0.25) $
$\Rightarrow(x \times 1.25)$
After $10 \%$ discount
$\Rightarrow(\mathrm{x} \times 1.25)-(\mathrm{x} \times 1.25) \times 10 \% $
$\Rightarrow(\mathrm{x} \times 1.25)(1-0.1) $
$\Rightarrow(\mathrm{x} \times 1.25) \times 0.9 $
$\Rightarrow(\mathrm{x} \times 1.125)$
After addition $5 \%$ discount
$\Rightarrow(x \times 1.125)-(x \times 1.125) \times 5 \%$
$\Rightarrow(x \times 1.125)(1-0.05) $
$\Rightarrow(x \times 1.125) \times 0.95 $
$\Rightarrow(x \times 1.06875)$
According to the question,
$(x \times 1.06875)=2394 $
$\Rightarrow x=2394 \div 1.06875 $
$x=2240$
The cost prices of two articles A and B are in the ratio 3 : 5. While selling these articles, the shopkeeper gains 20% on article A and 10% on article B and the difference in their selling prices is ₹ 760 . The difference in the cost price (in ₹) of articles B and A is
Let the $\mathrm{CP}$ of $\mathrm{A}$ is $3 x$ and that of $\mathrm{B}$ is $5 x$, then $\mathrm{SP}=\mathrm{CP} \times \frac{(100+\text { Profit })}{100}$
$\mathrm{SP}$ of $\mathrm{A}=3 x \times \frac{120}{100}=3.6 x$
$\mathrm{SP}$ of $\mathrm{B}=5 x \times \frac{110}{100}=5.5 x$
Given that
$5.5 x-3.6 x$=₹ $760$
$1.9 x$ =₹ $760$
$x$ =₹ $400$
So, the difference of cost prices $=5 x-3 x=2x=$₹ $800$
A shopkeeper marks his goods at a price 30% higher than their cost price and allows 20% discount on every item. Find his gain percentage.
Let the cost price of the articles is $100 x$
Marked Price $=100 x \times \frac{130}{100}=130 x$
Selling Price $=$ Marked Price $\times \frac{(100-\text { Discount })}{100}$
$\mathrm{SP}=130 x \times \frac{(100-20)}{100}$
$\mathrm{SP}=130 x \times \frac{80}{100}$
$\mathrm{SP}=104 x$
Profit $\%=\frac{(104 x-100 x)}{100 x} \times 100=\frac{4 x}{100 x} \times 100=4 \%$
The marked price of an article is ₹ 800. After allowing a discount of 30% on the marked price, there is a profit of ₹ 60. Find the percentage profit (corrected to the nearest integer).
Selling price $=800 \times \frac{(100-30)}{100}=800 \times \frac{70}{100}=$₹ 560
Cost price = Selling price $ -$ Profit
Cost price $=560-60=$ ₹ 500
Profit $\%=\frac{60}{500} \times 100=12 \%$
A trader sells an article for ₹ 600 and loses 20%. At what price (in ₹) should he sell the article to earn 10% profit?
$\mathrm{SP}=\mathrm{CP} \times \frac{(100-\text { Loss })}{100}$
$600=C P \times \frac{(100-20)}{100}$
$C P=\frac{600 \times 100}{80}=$₹ 750
$\mathrm{SP}=\mathrm{CP} \times \frac{(100+\text { Profit })}{100}$
New SP $=750 \times \frac{(100+10)}{100}=75 \times 11=$₹ 825
A person sold an article at a loss of 20%. Had he sold it for ₹ 1050 more, he would have gained 15%. If the article is sold for ₹ 4000, then how much is the profit percentage?
Let the cost price of the article is 100x, then
Selling price, when it was sold at 20% loss = 80x
And selling price, when it was sold at 15% profit = 115x
Difference between selling prices in both cases= 115x - 80x = 35x
Given that
$35 x \rightarrow $ ₹ 1050
$x \rightarrow $₹ 30
So,
CP, $100 x \rightarrow $₹ 3000
Profit earned on selling the article for ₹ 4000
Profit $=4000-3000=$₹ 1000
Profit $\%=\frac{1000}{3000} \times 100=33 \frac{1}{3} \%$
The profit earned by selling an article for ₹ 832 is equal to the loss incurred when the article is sold for ₹ 448 . What will be the selling price of the article if it is sold at a 20% loss?
Let the Cost price of the article is $\mathrm{x}$ and the profit and loss on it is a, then $x+a=832$ and $x-a=448$
$x=\frac{832+448}{2}=640$
So, Cost price of the article is ₹ 640 .
Selling price of the article, when it was sold at $20 \%$ loss
$=\frac{80}{100} \times 640=$₹ 512
Selling Price = Cost Price $\times \frac{(100+\text { Profit } \%)}{100}$
$1020=$ Cost Price $\times \frac{(100+20)}{100}$
Cost Price $=\frac{1020 \times 100}{120}=$₹ 850
For P -
Selling Price $=$ Cost Price $\times \frac{(100-\text { Loss } \%)}{100}$
$18000=$ Cost Price $\times \frac{(100-20)}{100}$
Cost Price $=\frac{18000}{80} \times 100=$₹ 22500
If $P$ gets a profit of $8 \%$, then
$
\text { Selling Price }=22500 \times \frac{(100+8)}{100}=225 \times 108=$₹ 24300
So, Q sold the article to $R$ at ₹ 24300
Hence, Profit $\%$ of $Q=\frac{(24300-18000)}{18000} \times 100=\frac{6300}{180}=35 \%$
Successive Discount $=A+B-\frac{A \times B}{100}$
For $15 \%$ and $20 \%$ -
$
15+20-\frac{15 \times 20}{100}=35-\frac{300}{100}=35-3=32 \%
$
For $32 \%$ and $8 \%$ -
$
32+8-\frac{32 \times 8}{100}=40-\frac{256}{100}=40-2.56=37.44 \%
$
Hence, Approximate single discount equivalent to three successive discounts of
$8 \%, 15 \%$ and $20 \%$ is $37 \%$.
Let the Cost price of the book is $100 \%$.
Cost price of the book $=\frac{625}{125} \times 100=$₹ 500
In order to gain $35 \%$ profit, the selling price $=\frac{500}{100} \times 135=$₹ 675
Profit % = 19 , Discount % = 15
$
\frac{M P}{C P}=\frac{100+19}{100-15}=\frac{119}{85}=\frac{7}{5}
$
Let the Marked price and cost price of article 700 and 500 respectively.
As per the question,
$
25 \% \text { discount }=700 \times \frac{25}{100}=175
$
So selling price of the article $=700-175=525$
Profit $\%=\frac{25}{500} \times 100=5 \%$
In this question the cost price of the articles is same so we can use average method to find overall profit or loss $\%=\frac{12-15+6}{3}=\frac{3}{3}=1 \%$
So overall profit $\%=1 \%$
Total CP = 4ltr = ₹ 150
$1 \mathrm{ltr}=\frac{150}{4}=$₹ 37.5
SP of 1 ltr =₹60
profit $\%=\frac{60-37.5}{37.5} \times 100$
$=\frac{22.5}{37.5} \times 100=60 \%$