Arithmatical - Profit and Loss
DIRECTIONS : Problems based on Profit and Loss.
10. |
A book was sold for Rs.27.50 with a profit of 10%.If it were sold for Rs.25.75, then what wuould have been the percentage of profit or loss? |
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A. 2% |
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B. 3% |
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C. 4% |
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D. 5% |
Solution |
S.P | = Rs.27.50 |
Then | Profit= 10% |
So, C.P | = Rs.(100/110 x 27.50) |
= Rs.25. |
when S.P | = Rs.25.75 |
Profit | = Rs.(25.75 - 25) |
= Rs.0.75. |
Profit % | = (0.75/25×100)% |
=3%. |
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11. |
Kunal bought a suitcase with 15% discount on the labelled price. He said the suitcase for Rs.2880 with 20% profit on the labelled price. At what price did he buy the suitcase? |
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A. Rs.2040 |
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B. Rs.2400 |
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C. Rs.2604 |
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D. Rs.2640 |
Solution |
Let the labelled price be Rs.x. Then, 120% of x = 2880 |
Therefore | x=(2880×100/120) |
= 2400. |
C.P = 85% of Rs.2400 | = Rs(85/100x2400) |
=Rs.2040. |
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12. |
I gain 70 paise on Rs.70. My gain percent is |
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A. 0.1% |
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B. 1% |
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C. 7% |
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D. 10% |
Solution |
Gain% | =(0.70/70×100)% |
= 1%. |
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