Profit and Loss

[expand title=”Video Explanation”] [/expand] Q1. A fruit seller sells mangoes at the rate of Rs.9 per kg and thereby loses 20%. At what price per kg, he should have sold them to make a profit of 5% 1.  Rs 8.81 2.  Rs 9.81 3.  Rs 10.81 4.  Rs 11.81 5.  None of these [expand title=”Answer […]

[expand title=”Video Explanation”] [/expand] A horse and a cow were sold for Rs. 12000 each. The horse was sold at a loss of 20% and the cow at a gain of 20% The entire transaction resulted in? 1.no loss or gain 2.gain of Rs. 1000 3.loss of Rs. 1000 4.gain of Rs. 2000 5.None of

[expand title=”Video Explanation”] [/expand] Q1. Reshu bought 4 dozen oranges at Rs 12 per dozen and 2 dozen oranges at Rs 16 per dozen. She soldthem all to earn 20% profit. At what price per dozen did he sell the oranges ?. 1.14.4 2.16.8 3.16 4.19.2 5.None of these [expand title=”Answer & Explanation”] Answer:- 3

[expand title=”Video Explanation”] [/expand] Q1. How many kilograms of sugar costing Rs. 9 per kg must be mixed with 27 kg of sugar costing Rs. 7 per kg so that there may be a gain of 10% by selling the mixture at Rs. 9.24 per kg? 1. 36 kg 2. 42 kg 3. 54 kg 4. 63

[expand title=”Video Explanation”] [/expand] Q1. A material is purchased for Rs. 600. If one-fourth of the material is sold at a loss of 20% and the remaining at a gain of 10%, Find out the overall gain or loss percentage? 1. 3.5% 2. 2.5% 3. 3% 4. 2% [expand title=”Answer & Explanation”] Answer:- 2 Explanation:-

1. A shopkeeper sells his goods at cost price but uses a weight of 800 gm instead of kilogram weight. What is his profit percentage? 1. 18% 2. 40% 3. 25% 4. 20% [expand title=”Answer & Explanation”] Answer:- 3 Explanation :- Profit% = [error/(true value – error)]×100 Error = True value – false value. Profit

1. If a material is sold for Rs.34.80, there is a loss of 25%. Find out the cost price of the material? 1. Rs.46.40 2. Rs.44 3. Rs.42 4. Rs.47.20 [expand title=”Answer & Explanation”] Answer:- 1 Explanation :- SP=(100-25)=75% of CP 34.50=(75/100)*CP CP=(34.50*100)/75 CP=46.40 [/expand]   2. A fruit seller sells apples at the rate

1. A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price of the cycle? 1. Rs. 1090 2. Rs. 1160 3. Rs. 1190 4. Rs. 1202 [expand title=”Answer & Explanation”] Answer:- 3 Explanation :- SP=(100-15)% of 1400 SP=(85/100)*1400 SP=Rs.1190 [/expand]   2. Sam purchased 20 dozens

1. Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is: 1. 32/7% 2. 60/11% 3. 10% 4. 12% [expand title=”Answer & Explanation”] Answer:- 2 Explanation :- C.P. = Rs. (4700 + 800) = Rs. 5500. S.P. =