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This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
The percentage profit earned by selling an article for Rs. 2200 is equal to the percentage loss incurred by selling the same article for Rs. 1100. At what price should the article be sold to make 30% profit?1. 20162. 20173. 21454. 20205. 2019 |
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Answer» Correct Answer - Option 3 : 2145 Given: The article be sold to make 30% profit Profit earned by selling an article for Rs. 2200 = Percentage loss by selling same article Rs. 1100 Formula used: Percentage profit = [(selling price – cost price)/cost price] × 100 Calculation: Let C.P. be Rs. X Then, [(2200 – X)/X] x 100 = [(X – 1100)/X] × 100 ⇒ 2200 - X = X- 1100 ⇒ 2x = 3300 ⇒ x = 1650 Required S.P. = 130% of Rs. 1650 ⇒ (130/100) x 1650 ⇒ 2145 ∴ The price of article is 2145. |
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| 2. |
A man bought3 oranges for Rs. 5, 5 oranges for Rs. 7 and 7 oranges for Rs. 9. Find the approx selling price per article to make a profit of 10%?1. Rs. 1.62. Rs. 2.33. Rs. 2.74. Rs. 1.2 |
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Answer» Correct Answer - Option 1 : Rs. 1.6 Given: CP of 3 oranges = Rs. 5 CP of 5oranges = Rs. 7 CP of 7oranges = Rs. 9 Concept: To do this type sum, equal the number of articles bought. Calculation: Taking LCMof the number of oranges bought; LCM of 3, 5and 7= 105 ∴ Price of 3 oranges = Rs 7 ⇒ Price of 105oranges = Rs 5× 35 = Rs. 175 Price of 5oranges = Rs 7 ⇒ Price of 105oranges = Rs 7× 21= Rs. 147 Price of 7oranges = Rs 9 ⇒ Price of 105oranges = Rs 9× 15= Rs. 135 ∴ Price of 315 oranges = Rs. 175 + Rs. 147+ Rs. 135 = Rs. 457 ∴ Selling price with 10% profit = 457 + (10/100)× 457 = 457 + 45.7 = Rs. 502.7 ∴ Selling Price of eacharticle = 502.7/315 = Rs. 1.6Approx |
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| 3. |
If selling price is doubled, the profit triples. Find the profit percent: |
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Answer» 100% Let C.P. be RS. X and S.P. be RX. y. Then, 3(y - x) = (2y - x) => y = 2X Profit = (y - x) = Rs. (2x - x) = Rs. x Profit % = x/x * 100 = 100%. |
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| 4. |
The successive discounts 20% and 15% are equal to a single discount of? |
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Answer» 32% Let the CP of an article be Rs. 100 Given that SUCCESSIVE discounts are 20% and 15%. SP = 85% of 80% of 100 = (85/100)(80/100)(100) => SP = Rs. 68 Clearly, single DISCOUNT is 32%. |
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| 5. |
A shopkeeper purchased 70 kg of potatoes for Rs. 420 and sold the whole lot at the rate of Rs. 6.50 per kg. What will be his gain percent? |
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Answer» 8.33% S.P. of 1 kg = Rs. 6.50 Gain % = 0.50/6 * 100 = 25/3 = 8 1/3 % |
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| 6. |
Sam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit? |
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Answer» 5.6% C.P. of 1 TOY = 375/12 = RS. 31.25 S.P of 1 toy = Rs. 33 Profit = 1.75/31.25 * 100 = 28/5 = 5.6% |
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| 7. |
A man gains 20% by selling an article for a certain price. If the sells it at double the price, the percentage of profit will be: |
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Answer» 140% Let C.P. = Rs. X. Then, S.P. = Rs. (12% of x) = Rs. 6x/5 New S.P. = 2 * 6x/5 = Rs. 12x/5 Profit = 12x/5 - x = Rs. 7x/5 Profit = 7x/5 * 1/x * 100 = 140%. |
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| 8. |
A wholesaler sells toys at a profit of 20% to a retailer and retailer sells these toys to its customer at a profit of 25%. What is the profit percentage of the retailer? |
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Answer» 25%
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| 9. |
Radha sells an article for Rs 3240 and earns a profit of 20%. What is the cost price of the article ? |
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Answer» RS. 2700
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| 10. |
Narendra started a business, investing 30000. Six months later, Chandan joined him with 15000. If they make a profit of 10000 at the end of the year, what should be the share of Narendra? |
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Answer» RS. 8000 The ratio of their investments = 30000 × 12 : 15000 × 6 = 4 : 1. |
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| 11. |
Jimmy bought paper sheets for Rs. 7200 and spent Rs. 200 on transport paying Rs. 600 he had 330 boxes made, which he sold at Rs. 28 each. What is his profit percentage ? |
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Answer» 15.5% C.P. of 330 boxes = Rs. (7200 + 200 + 600) = Rs.8000 |
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| 12. |
A man buys an item at Rs. 1200 and sells it at the loss of 20 percent. Then what is the selling price of that item |
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Answer» Rs. 960 Here always remember, when ever x% loss, |
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| 13. |
By selling a house for Rs.45000, it was found that 1/8 of the outlay was gained, what ought the selling to price to have been in order to have lost 5 p.c? |
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Answer» RS. 38000 CP + CP/8 = 45000 |
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| 14. |
If the selling price of 40 articles is equal to the C.P. of 50 articles, the loss of gain per cent is: |
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Answer» 25 % gain |
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| 15. |
A person buys a book for Rs. 200 and sells it for Rs. 225. What will be his gain percent ? |
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Answer» 12.5% Given that, CP = Rs. 200 and SP = Rs. 225 |
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| 16. |
A shopkeeper purchased 120 kg of grain at the rate of 15 per kg from a wholesaler. He sold 60 kg at the profit of 10%. At what rate per kg should he sell the remaining grain to earn a profit of 15% on |
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Answer» 18 SP of 120 kg at 15% PROFIT |
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| 17. |
The cost of 2 tables is equal to the cost of 5 chairs. If the difference of the cost of one table and one chair is Rs. 1200, then the cost of one chair is ? |
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Answer» Rs. 800 Let the COST of the table be Rs. X and the cost of the chair = Rs. y |
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| 18. |
On selling 17 balls at Rs.720, there is a loss equal to the cost price of 5 balls. The cost price of each ball is |
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Answer» Here SP of 17 BALLS = CP of 12 balls = 720 |
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| 19. |
Mohit Purchased A watch for 1000 Rs and then Sold it to Nimesh for 1250 Rs. |
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Answer» 25 % Mohitpurchases at 1000 Rs. SO C.P = 1000 Rs. And then he SELLS it at 1250 Rs Now Profit as I told is nothing but SP - CP So profit = 1250-1000 = 250 Rs Now Profit % = [(Profit)/CP*100] So profit % = [(250/1000)*100] = 25% |
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| 20. |
Seema sold a mobile phone at the cost of Rs.1950 at a loss of 25%. At what cost will she have to sell it to get a profit of 30%? |
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Answer» Rs. 3380 Here, the SP is 75% of CP. |
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| 21. |
If the cost price of 12 items is equal to the selling price of 16 items, the loss percent is |
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Answer» 25 % LET the COST Price of 1 item = Re. 1 |
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| 22. |
A person bought two tables for Rs. 1300. He sold one table at gain of 40% & the other at loss of 12.5%. If he sold at same price, what is cost price of table which was sold at 12.5% loss ? |
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Answer» Rs. 800 Let the cost PRICE of first table be and that of second be y |
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| 23. |
On selling 17 balls at Rs 720, there is a loss equal to the cost price of the 5 balls. The cost price of each balls is |
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Answer» Rs 60 (CP of 17 balls ) - (SP of 17 balls) |
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| 24. |
Ghanashyam purchased an article for 1850. At what price should he sell it so that 30% profit is earned? |
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Answer» 2405
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| 25. |
A gold bracelet is sold for 14500 at a loss of 20%. What is the cost price of the gold bracelet? |
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Answer» 18125 The SP of the GOLD BRACELET is 80% of the CP. |
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| 26. |
Ram sold an article for 3480 and earned a profit of 16%. At what price should it have been sold so as to earn a profit of 32.5%? |
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Answer» 3975 SP = 116 % of CP = 3480 :. CP = 3480 × 100/116 = 3000/- |
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| 27. |
Sunita bought a watch at 40% discount on the selling price. If the watch costs her Rs 3414, what is the original selling price of the watch ? |
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Answer» Rs 5690 Let the market PRICE be X |
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| 28. |
Vandana sells an article for Rs 3240 and earns a profit 20%. What is the cost price of the article ? |
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Answer» Rs. 2700 Cost price of the article |
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| 29. |
A reduction of 10% in the price of salt enables a person to buy 2 kg more for Rs.180. Find the reduced and the original price per kg of salt respectively. |
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Answer» Rs 9, Rs 10 Let originally he buy X kg for Rs. 180 |
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| 30. |
On selling 17 toys at Rs. 720, there is a loss equal to the cost price of 5 toys . The cost price of a Toy is: |
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Answer» Rs. 60 Cost PRICE of 17 toys – Selling price of 17 toys = cost Priceof 5 toys |
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| 31. |
By selling 8 dozen of pencils, a shopkeeper gains the selling price of 1 dozen pencils. His gain per cent is: |
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Answer» 14 % gain |
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| 32. |
A man sold 18 cots for Rs.16800, gaining thereby the cost price of 3 cots. Find the cost price of a cot.? |
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Answer» 800 Let the cost of ONE cot = X |
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| 33. |
A merchant has 1000 kg of sugar, part of which he sells at 8% profit and the rest at 18% profit. He gains 14% on the whole. The quantity (in kg.) sold at 18% profit is: |
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Answer» 600 600 |
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| 34. |
A dealer sells his goods at cost price 800 gm weight for 1 kg his gain or loss percentage is |
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Answer» 25 % GAIN Cost PRICE ---> 800 |
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| 35. |
On selling an article for Rs. 240, a trader loses 4%. In order to gain 10 % he must sell that article for |
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Answer» Let the CP be Rs. x , then SP be 0.96x |
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| 36. |
A milkman sells such milk which contains 5% water. What amount of pure milk should be added to 5 litres milk so that the percentage of water be reduced to 2% ? |
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Answer» 7.5 LITRES 7.5 litres |
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| 37. |
Mohit sold an article for Rs. 18000. Had he offered a discount of 10% on the selling price, he would have earned a profit of 8%. What is the cost price of the article? |
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Answer» 15,000 RS. Let the CP be Rs. X. Had he offered 10% discount, profit = 8% Profit = 8/100 x and hence his SP = x + 8/100 x = Rs. 1.08x = 18000 - 10/100(18000) = 18000 - 1800 = Rs. 16200 => 1.08x = 16200 => x = 15000 |
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| 38. |
A dealer sells his goods at cost price 900gm weight for 1kg his gain percentage is |
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Answer» 11 1/9% gain COST PRICE ---> 900 |
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| 39. |
A, B and C are partners of a company. During a particular year A received one-third of the profit, B received one-fourth of the profit and C received the remaining Rs.5000. How much did A receive? |
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Answer» 4000 Let ‘x’ be the TOTAL PROFIT in that PARTICULAR year. |
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| 40. |
Profit after selling a commodity for Rs. 425 is same as loss after selling it for Rs. 355. the cost of the commodity is ? |
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Answer»
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| 41. |
A dealer professing to sell his goods at cost price, uses 900gm weight for 1 kg. His gain percent is |
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Answer» 11 1/9 % GAIN % |
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| 42. |
A dealer buys dry fruits at Rs. 100, Rs. 80, and Rs. 60 per kilogram. He mixes them in the ratio 3:4:5 by weight and sells at a profit of 50%. At what price per kilogram does he sell the dry fruits? |
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Answer» NONE of these None of these |
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| 43. |
A trader mixes 25% kerosene to his petrol and then he sells the whole mixture at the price of petrol. if the cost price of kerosene be 50 % of the cost price of petrol, what is the net profit percenta |
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Answer» 11 1/9 K = 1 litre, PRICE of K = 1 |
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| 44. |
The selling price of 5 articles is the same as the cost price of 3 articles. The gain or loss is |
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Answer» There is a loss. PERCENTAGE of loss = 5 – 3/5 × 100 = 40%. |
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| 45. |
An article is sold at a certain price. By selling it at 2/3 of that price one loses 10%. Find the gain percent at original price. |
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Answer» 35 %
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| 46. |
The cost price of an article, which on being sold at a gain of 10% yields Rs. 6 more than when it is sold at a loss of 10% is ? |
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Answer» Rs. 30 10% profit - 10% loss = 6 |
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| 47. |
A shopkeeper sold sarees at Rs.266 each after giving 5% discount on labeled price. Had he not given the discount, he would have earned a profit of 12% on the cost price. What was the cost price of eac |
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Answer» RS. 250 95% of the labeled price = Rs. 266; :. Labelled Price = 266 × 100/95 = Rs.280 |
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| 48. |
A shopkeeper calculate percentage profit on the buying price and another on the selling price. What will be their difference in profits if both claim a profit of 20% on goods sold for Rs. 3000? |
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Answer» Rs. 200 |
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| 49. |
Sonika spent Rs. 45760 on the interior decoration for her home, Rs.27896 on buying Air conditioner and the remaining 28% of the total amount she had as cash with her. What was the total amount? |
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Answer» 102300 The TOTAL EXPENSE = 45760 + 27896 = 73656 = 72% of the Total AMOUNT. |
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| 50. |
A shopkeeper sells a transistor at Rs. 840 at a gain of 20% and another for Rs. 960 at the loss of 4%. Find his total gain percent. |
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Answer» 5.88 % C.P. of 1ST TRANSISTOR = ((100/120)∗840) |
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