Arithmatical - Profit and Loss
DIRECTIONS : Problems based on Profit and Loss.
4. |
A man sells two flats at the rate of Rs.1.995 lakhs each. On one he gains 5% and on the other, he loses 5%. His gain or loss percent in the whole transaction is |
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A. 0.25% loss |
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B. 0.25% gain |
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C. 2.5% loss |
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D. 25% loss |
Solution |
Loss % | = (5/ 10) ²% |
=(0.5) ²% |
= 0.25%. |
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5. |
Peter purchased a machine for Rs.80,000 and spent Rs.5000 on repair and Rs.1000 on transport and sold it with 25% profit. At what price did he sell the machine? |
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A. Rs.1,05,100 |
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B. Rs.1,06,250 |
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C. Rs.1,07,500 |
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D. Rs.1,17,500 |
Solution |
C.P | = Rs.(80000+5000+1000) |
= Rs.86000 |
Profit= 25%. |
S.P | = 12.5% of Rs. 86000 |
=Rs.(125/100×86000) |
=Rs.107500. |
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6. |
A shopkeeper expects a gain of 22½% on his cost price. If in a week, his sale was of Rs.392, what was his profit? |
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A. Rs.18.20 |
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B. Rs.70 |
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C. Rs.72 |
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D. Rs.88.25 |
Solution |
C.P | = Rs.(100/122.50x392) |
= Rs.(1000/1225×392) |
= Rs.320. |
Therefore, Profit | = Rs.(392-320) |
= Rs.72. |
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