Wednesday, 12 December 2018

Profit and Loss


1.     If Satvik sells an article at 4/5th of its selling price and secures a profit of 20%, what will be the profit or loss percentage if he sells it at the actual selling price?
A) 45%

B) 60%
C) 50%
D) 56%
E) None

2.     A product costs a company Rs 60 to manufacture, and it sold the product to a dealer for Rs 70, who in turn sold it to a shopkeeper for Rs 85, who sold to a customer for Rs 102. What is the percentage of profit for the company and who made the highest profit on selling the product?
A) 20 1/3%, Company

B) 16 2/3%, Dealer
C) 20 1/3% ,Dealer
D) 16 2/3%, Shopkeeper
E) None

3.     Manasa buys a certain number of toys at 12 per Rs 9 and the same number at 18 per Rs 9. If she sells them at 18 per Rs15 does she gain or lose and by what percentage?
A) 33 1/3 % loss
B) 12% gain
C) 33 1/3 % gain
D) 12% loss
E) None

4.     A shopkeeper sells Marker at the rate of Rs.35 each and earns a commission of 10%. He also sells Gel pen at the rate of Rs. 65 each and earns a commission of 20%. How much amount (in rupees) of commission will he earn in 2 weeks, if he sells 12 markers and 8 Gel pens a day?
A) 2100
B) 1850
C) 2044
D) 2680
E) None

5.     A discount of 20% is given on the marked price of an article. The shopkeeper charges sales tax of 10% on the discounted price. If the selling price be Rs 1848, what is the marked price (in rupees) of the article?
A) 2500
B) 3200
C) 3600
D) 2100
E) None


5 comments:

  1. 1) Option C
    Solution:
    Let CP is Rs 100
    Profit 20% Means ==> 120.
    120=4/5 SP==>SP =150.
    Then profit % is 50%

    ReplyDelete
  2. 2) Option B
    Solution:
    Company Profit % is (70-60)10/60*100=100/6=16 2/3.
    Then Dealers Profit % is (85-70)15/70*100=150/7=21 3/7.
    Then Shopkeeper Profit % is (102-85)17/85*100=20
    Among the three Dealer get the highest profit %.

    ReplyDelete
  3. 3) Option C
    Solution:
    She bought 12 toys at Rs 9.
    And 18 toys at Rs 9
    Then 12toys = 18 9
    12 ?==6
    Total 24toys =(9+6)15.
    She sells 18 toys at Rs 15.
    Now 18 15
    (12+12) 24 ? ==>20
    Profit %ge is 15/20*100=300/4=33 1/3%.

    ReplyDelete
  4. 4) Option C
    Solution:
    Commission for marker=(35*12)*10/100=42
    Commission for Gel pen =(65*8)*20/100=104
    Total Commission earned in 2 weeks is, (104+42)*14=2044.

    ReplyDelete
  5. 5) Option D
    Solution:
    Let the MP be x
    Then x* 80/100(20%discount) *110/100(10%sales) =1848
    X=2100

    ReplyDelete