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151.

1). Rs. 58.25 lakhs2). Rs. 65.75 lakhs3). Rs. 75.14 lakhs4). Rs. 50.75 lakhs

Answer»

LET the LOSS be x

? Selling PRICE = 57 lakhs

Selling price = cost price – loss = 57 lakhs

If the selling price would have been 67 lakhs

Then, gain = 7x

∴ Selling price = 67 lakhs

Cost price + 7x = 67 lakhs

Also, cost price – x = 57 lakhs

Subtracting the above 2 eqns. We get,

8x = 10 lakhs

x = 1.25 lakhs

∴ cost price = Selling price + loss = 57 + 1.25

Cost price = 58.25 lakhs

152.

A man buys 144 oranges for Rs. 360 and sells them at a gain of 10%. At what rate per dozen does he sell them?1). 252). 303). 334). 36

Answer»

The COST price of 12 ORANGES = 360/12 = Rs. 30

⇒ Selling price of 12 oranges = 30 + 10% of 30 = Rs. 33
153.

Lokesh starts a business with Rs. 240000. After 3 months Vishal joins him with Rs. 210000. At the end of the year what will be the ratio of their profits? 1). 32 : 212). 16 : 133). 8 : 5 4). 45 : 39

Answer»

Lokesh invested Rs. 240000 for 12 months and Vishal invested Rs. 210000 for (12 - 3 = 9 months) into the business

We know that if both the Investment and TIME Periods are different, then the Profit will be divided in the ratio of the product of their Investment and Time Period

Ratio of the Profits = (240000 × 12) : (210000 × 9) = (24 × 12) : (21 × 9) = 288 : 189 = 32 : 21

∴ Ratio of their Profits = 32 : 21
154.

In winters, the meter scale of a cloth merchant shrinks by 10% of its actual length. If the meter scale in its regular condition was rigged to measure 10% more than it is supposed to measure, what is the profit / loss percent the cloth merchant makes in winter, if he sell goods at the rate at which he purchase?1). 1.01%2). 0.10%3). 1.10%4). 1.00%

Answer»

A meter SCALE is SUPPOSED to measure 100cm.

After rigging, the meter scale would be measuring 110 cm.

In winter, the scale shrinks by 10% and thus would measure just 110 × 0.9 = 99 cm.

The CLOTH merchant would charge for 100cm (as the scale would still READ 100) but actually sell just 99 cm.

∴ He would make a profit of $(\frac{1}{{99}} \times 100 = 1.01\%)$
155.

Mohan invested Rs. 100,000 in a garment business. After few months, Sohan joined him with Rs. 40000. At the end of the year, the total profit was divided between them in ratio 3 : 1. After how many months did Sohan join the business?1). 32). 23). 44). 5

Answer»

Given that profit was divided between them in the ratio 3 : 1

Let us consider SOHAN joined the BUSINESS after (12 - x) months

⇒ (1,00,000 × 12)/ (40,000 × (12 - x)) = 3/1

⇒ 12,00,000 = 3 (4,80,000 - 40,000x)

⇒ 12,00,000 = 1440000 - 1,20,000x

⇒ 1,20,000x = 14,40,000 - 12,00,000

⇒ 1,20,000x = 2,40,000

⇒ x = 2,40,000/1,20,000 = 2

∴ After 2 months Sohan JOIN the business
156.

If three successive discounts of 20%, 30% and 40% are given, then what will be the net discount (in percentage)?1). 802). 87.6 3). 904). 66.4

Answer»

LET MP be 100

SP after DISCOUNT = 100 × 80/100 × 70/100 × 60/100 = 33.6

We know, discount = MP – SP

So, net discount = 100 – 33.6 = 66.4

∴ Discount % = 66.4/100 × 100 = 66.4%
157.

An article was sold for Rs. 2,400 at a discount of 20%. Find the selling price, if the discount was 25%?1). Rs. 2,2502). Rs. 2,0003). Rs. 1,8004). Rs. 2,150

Answer»

Let the marked price be RS. x

As per the given data,

Discount = 20% of x = 20x/100 = x/5

We KNOW that,

Selling price = Marked price – Discount

⇒ 2400 = x – (x/5)

⇒ 2400 = 4x/5

⇒ x = 12000/4 = Rs. 3000

∴ Marked price = Rs. 3000

To find the selling price when the discount = 25%

Discount = 25/100 × 3000 = Rs. 750

Selling price = 3000 – 750 = Rs. 2250

∴ Selling price of an article when the discount is 25% is Rs. 2250 

158.

1). 652). 57.53). 354). 42.5

Answer»

Let the Selling price before discount be Rs. 100

Now the EFFECTIVE discount after 2 successive discounts can be GIVEN as

⇒ 100 × (1 - 15/100)(1 - 50/100) = 100 × 0.85 × 0.50

⇒ final selling price is Rs. 42.5

⇒ Discount is 100 – 42.5 = Rs. 57.5

∴ the discount PERCENTAGE is 57.5%

159.

A fan is sold at a discount of 37.5%. If the marked price of the fan is Rs. 7200, then what is the selling price (in Rs) of the fan?1). Rs. 45002). Rs. 43503). Rs. 52404). Rs. 5120

Answer»

GIVEN that,

Marked PRICE = Rs.7200

Discount = 37.5%

Selling price = 7200 × [(100 - 37.5)/100]

⇒ Selling price = 7200 × (62.5/100) = Rs. 4500

∴ Selling price of fan is Rs. 4500
160.

The selling price of an article is 5/3 of its cost price. Then the gain percentage is:1). 52%2). \(56\frac{2}{3}\% \)3). \(66\frac{2}{3}\% \)4). 68%

Answer»

Let the SELLING price be SP and the Cost Price be CP.

Then SP = (5/3) × CP----(1)

Gain percentage = [(SP – CP)/CP] × 100----(2)

PUTTING (1) in (2)

We GET, Gain percentage $(= \frac{2}{3} \times 100 = 66_3^2\%)$
161.

A product is marked at a price 40% above its cost price. At what discount it should be sold so as to make 0% profit?1). 20%2). 28.6%3). 32.4%4). 40%

Answer»

Let the COST PRICE of product be RS. ‘x’

Marked price = (100 + 40)% of x = 1.4x

Since, profit = 0%

Selling price = cost price = x

Now, DISCOUNT = Marked price – Selling price = 1.4x – x = 0.4x

∴ Discount % = (0.4x/1.4x) × 100 = 28.6%

162.

A shopkeeper bought sugar at a price of Rs. 40 per kg and is selling at a price of Rs. 50 per kg. When a customer bought 6 kg of sugar, using faulty weights he gave him only 5.4 kg of sugar. What is his total profit percentage?1). 31.11%2). 36.59%3). 38.89%4). 34.25%

Answer»

Cost price of sugar = Rs. 40 per kg

Selling price of sugar = Rs. 50 per kg

PROFIT percentage due to price = [(50 – 40)/40] × 100 = 25%

Profit percentage due to false weight = [error/(TRUE weight – error)] × 100 = (0.6/5.4) × 100 = 11.11%

TOTAL profit percentage = 25 + 11.11 + (25 × 11.11)/100 = 36.11 + 2.78 = 38.89%
163.

1). 70802). 120403). 45804). 5040

Answer»

WEIGHTED ratio of investment of A, B and C,

⇒ 7500 × 6 ? 4200 × 10 ? 12000 × 3

⇒ 45 ? 42 ? 36

⇒ 15 ? 14 ? 12

Total profit = Rs. 18000

∴ As working member C receives,

⇒ 18000 × 18/100

⇒ Rs. 3240

REMAINING profit = Rs. (18000 – 3240) = Rs. 14760

SHARE of B = 14760 × (14/41) = Rs. 5040

164.

1). 22.42%2). 38.14%3). 18.53%4). None of these

Answer»

 Effective profit percentage = –19.91 + 31.13 – [(19.91 ? 31.13)/100] = 5.02%

Let the cost PRICE for 1kg of WHEAT be RS. 1000

Selling price of 1kg of wheat = (105.02/100) ? 1000 = Rs. 1050.2

Actual cost price of wheat for 1kg( 850gm ) = Rs. 850

$({\rm{\;Profit\;percentage}} = \frac{{1050.2{\rm{\;}}-{\rm{\;}}850}}{{850}} \times 100\% = 23.55\% )$

∴ The difference between the profit or loss percentage of Radhika and the effective percentage = 23.55 – 5.02 = 18.53%

165.

A trader had 2000 kgs of rice. He sold a part of it at 10% profit and the rest of it at 16% profit so that he made a total profit of 14.2%. How much rice (in kg) did he sell at 10% profit?1). 14002). 6003). 8004). 1000

Answer»

Let the cost of each KG of rice = Rs. 1

Cost of 2000 kg of rice = Rs. 2000

Total selling PRICE = 114.2% of 2000 = 2000 × 114.2/100 = Rs. 2284

Let x kg be the amount of rice he sold at 10% profit and (2000 – x) be the amount of rice he sold at 16% profit and overall profit = 14.2%

Cost price of x kg rice = Rs. x

Selling price of rice of x kg rice = x × 110/100 = 1.1x

Cost price of (2000 – x) kg rice = Rs. (2000 – x)

Selling price of rice = (2000 – x) × 116/100 = 2320 – 1.16x

Total S.P. = 1.1x + (2320 – 1.16x) = 2320 – 0.06x

Equating S.P.

2320 – 0.06x = 2284

⇒ x = 600 kg

∴ The amount of rice he SELLS at 10% profit = 600kg.
166.

Anil bought 100 eggs at Rs. 6 per egg. He sold 25 eggs at 10% profit, another 25 eggs at 25% loss and the balance 50 eggs at 20% profit. Find the overall profit or loss percent Anil made.1). 6.25% loss2). 6.25% profit3). 8% profit4). 12% loss

Answer»

TOTAL COST price = 6 × 100 = Rs. 600

Now, 25 eggs are sold at 10% profit,

⇒ Selling price of 1 egg = 6 + 10% of 6 = Rs. 6.6

⇒ Selling price of 25 eggs = 6.6 × 25 = Rs. 165

Also, 25 eggs are sold at 25% LOSS,

⇒ Selling price of 1 egg = 6 - 25% of 6 = Rs. 4.5

⇒ Selling price of 25 eggs = 4.5 × 25 = Rs. 112.5

Now, 50 eggs were sold at 20% profit,

⇒ Selling price of 1 egg = 6 + 20% of 6 = Rs. 7.2

⇒ Selling price of 50 eggs = 7.2 × 50 = Rs. 360

⇒ Total selling price = 165 + 112.5 + 360 = Rs. 637.5

⇒ Profit % = {(selling price - cost price)/cost price} × 100

⇒ Profit % = {(637.5 - 600)/600} × 100 = 6.25%
167.

A man buys an item at Rs. 1400 and sells it at a gain of 20%.The selling price is1). Rs. 17402). Rs. 16803). Rs. 15604). Rs. 1640

Answer»

SELLING price = COST price + profit

Given, A man buys an item at Rs. 1400 and sells it at 20% profit.

Profit = 20% of 1400

⇒ Profit = Rs. 280

∴ Selling price = Rs. (1400 + 280) = Rs. 1680
168.

1). 41.1 percent2). 82.2 percent3). 70 percent4). 12.2 percent

Answer»

Let’s ASSUME the selling price of ONE Omega watch is Rs. ‘x’

According to the given information,

Total sales = 17x

PROFIT = 7x

⇒ SP - CP = 7x

⇒ 17x - CP = 7x

⇒ CP = 10x

⇒ Profit % = ((SP/CP) - 1 ) × 100 = ((17x/10x) - 1) × 100 = 70%

∴ Profit % = 70%

169.

A merchant allows 5% discount on all his goods to all his customers. He offers a further discount of 2% on the reduced price to those customers who pay cash. What will a customer actually has to pay for an article in cash if its Marked Price is Rs 4800?1). Rs 3478.502). Rs 4468.803). Rs 5670.584). Rs 4560

Answer»

Given that,

MARKED PRICE of the article = Rs 4800

First discount = 5% of marked price

= 5 × 4800/100 = Rs 240.

Net price after discount = Rs (4800 - 240)

= Rs 4560

Second discount = 2% of Rs 4560

= 2 × 4560/100 = Rs 91.20

∴ Net price after discount = Rs 4560 – Rs 91.20

= Rs 4468.80

Short TRICK Method:-

Required price $(= 4800 \times \left( {1 - \FRAC{5}{{100}}} \right) \times \left( {1 - \frac{2}{{100}}} \right))$

= Rs 4468.80

Hence, the required answer is Rs 4468.80,
170.

After a discount of 40% on marked price of a shirt, it is found that the marked price of a wallet is same as selling price of shirt. The wallet is sold at a profit of 20%. Find the cost price of wallet if marked price of shirt is Rs. 2000.1). Rs. 8002). Rs. 10003). Rs. 12004). Rs. 1280

Answer»

Marked price of shirt = Rs. 2000

DISCOUNT on shirt = 40%

We KNOW, SELLING Price = Marked Price × (1 – ((Discount Percentage)/100))

⇒ Marked price of Wallet = Selling price of shirt = 2000 × (1 – 40/100) = 2000 × 0.6 = 1200

The wallet is sold at a profit of 20%.

We are not given that there is any discount on wallet. So, we assume that discount is 0, and hence selling price and marked price will be same.

⇒ Selling price of Wallet = Rs. 1200

We know, Selling Price = Cost Price × (1 + (Profit Percentage)/100)

⇒ Cost price of wallet = Rs. 1200/(1 + (20/100)) = Rs. 1200/1.2 = Rs. 1000

171.

A reduction of 25% in the price of rice enables a person to buy 10 kg more rice for Rs. 600. What is the reduced per kg price of rice?1). Rs. 152). Rs. 203). Rs. 254). Rs. 30

Answer»

Expenditure = Price ? Quantity

Since expenditure is same, Price ? Quantity = constant

Let the OLD price and old quantity of rice PURCHASED be P and Q respectively.

We can write,

PQ = 0.75P ? (Q + 10)

⇒ PQ = 0.75PQ + 7.5P

⇒ 0.25PQ = 7.5P

⇒ Q = 30 kg

So, New quantity purchased = 40 kg

Total expense = Rs. 600

∴ New Price PER kg = $(\frac{{600}}{{40\;}} = Rs.15)$
172.

P and Q enter in to a partnership with P investing Rs. 20,000 and Q investing a certain amount. At the end of first 4 months P withdraws Rs. 4000, and Rs. 6000 at the end of another 5 months. Q remains in the business till the end with the initial investment and receives Rs. 19200 as profit at the end of the year. The total profit at the end of the year is Rs. 38,200. Find the investment of Q.1). Rs. 80002). Rs. 120003). Rs. 160004). Rs. 18000

Answer»

<P>GIVEN the total profit at the end of the year is 38200

Profit received by Q at the end of the year = Rs. 19200

Profit amount received by P at the end of the year = Rs. (38200 - 19200)

⇒ Rs.19000

Ratio of their profits (P : Q) = 19000 : 19200

⇒ 190 : 192

95 : 96

P’s investment = (Rs. 20000 for 4 MONTHS) + (20000 - 4000) for 5 months + (20000 - 4000 - 6000) for 3 months

⇒ (20000 × 4) + (16000 × 5) + (10000 × 3)

⇒ 80000 + 80000 + 30000

⇒ Rs. 190000

Let Q’s investment = ‘X’

Both P and Q invested the amount for a year, so the ratio of their profits will be equal to the ratio of the investments

⇒ 95 : 96 = 190000 : X

⇒ X = (190000 × 96)/95

⇒ X = 2000 × 96

⇒ X = Rs. 192000

Q’s Investment = Rs. 192000

If this was Q’s investment over the months, he might have invested 192000/12 = Rs. 16000

∴ B’s investment = Rs. 16000
173.

A dishonest shopkeeper uses a weight of 850 gm instead of 1 kg and sells rice on its cost price. What will be his profit percentage on selling 5 kg rice?1). 18.24%2). 17.65%3). 15%4). 13.04%

Answer»

Original weight of rice = 1 kg = 1000 gm

Let cost of 1 gm is Rs. 1

Cost price of 1000 gm = Rs. 1000

Selling price of 850 gm = Rs. 1000 (? giving only 850 gm INSTEAD of 1000 gm)

PROFIT = [ERROR/ (true weight)] × 100

⇒ Profit = [(1000 - 850)/ 850] × 100 = (150/850) × 100 = 17.65%

∴ profit % on 5kg is equal to profit on 1 kg which is 17.65%

174.

The cost of 25 items is same as the revenue earned by selling x items. Find x, if the profit made in the transaction is 25%.1). 252). 16.673). 204). 32

Answer»

Let the COST PRICE of one item be RS. A.

⇒ Selling price to make 25% profit = A × 1.25 = 1.25 A

Since the cost of 25 items is the same as the revenue earned by selling X items,

⇒ 25 × A = 1.25 A × x

∴ x = 20
175.

1). 8250002). 7500003). 7480004). 720000

Answer»

Let selling price = SP

CP = RS. 700000

Profit MAY be EARNED = probability × real profit

Real profit = 50000 × 5/2 = Rs. 125000

SP = CP + Real profit = 700000 + 125000 = Rs. 825000

∴ Selling price = Rs. 825000

176.

A receives 1/15th of the total profit and the remaining is divided between B and C in the ratio of 3 : 4. If the difference between the profit shares of C and A is Rs. 2800. What is B’s share?1). Rs. 20002). Rs. 22003). Rs. 23004). Rs. 2400

Answer»

Let total profit = RS. x

A’s share in profit = x/15

REMAINING profit = 1 - x/15 = 14x/15

⇒ B’s share = 3/7 × 14x/15 = 2x/5

⇒ C’s share = 4/7 × 14x/15 = 8x/15

According to the question,

C - A = 2800

⇒ 8x/15 - x/15 = 2800

⇒ 7x/15 = 2800

⇒ x = 15 × 400 = Rs. 6000

B’s share = 2x/5 = (2 × 6000)/5

= Rs. 2400

∴ B’s share is Rs. 2400
177.

Selling price of a chair is Rs. 1386. If loss percentage is 23%, then what is the cost price (in Rs.) of the chair?1). 16002). 18003). 19004). 1067

Answer»

⇒ C.P of the CHAIR × 77/100 = S.P. of the chair

⇒ C.P of the chair × 77/100 = 1386

∴ C.P of the chair = 1386 × 100/77 = 1800
178.

If a commission of 10% is given on the marked price of an article, the gain is 25%. Find the gain percentage if the commission is increased to 20%.1). 5.5%2). 11.1%3). 15.5%4). 16.3%

Answer»

LET marked PRICE be Rs. 100

COMMISION = 10% of 100 = 10

⇒ SP = 90

⇒ CP = 90/125 × 100 = Rs. 72

⇒ New commission = Rs. 20

New SP = Rs. 80

GAIN percentage = (8 × 100)/72 = 11.1%

∴ Gain percentage = 11.1%
179.

Marked price of an item is Rs 200. On purchase of 1 item discount is 22%, on purchase of 4 items discount is 33%. Rabia buys 5 items, what is the maximum effective discount she can take?1). 35 percent2). 30.8 percent3). 34 percent4). 20.4 percent

Answer»

Marked Price = Rs. 200

After Rabia buys 4 items, she GETS 33% discount

∴ Selling Price = 200 – (0.33 × 200) = Rs. 134.

Since the items are 4 in number total price = 4 × 134 = Rs. 536

Now, Rabia buys another item ⇒ Discount = 22%

∴ Selling Price = 200 – (0.22 × 200) = 200 – 156.

∴ Total Selling Price = 536 + 156 = Rs. 692.

Total marked price = 200 × 5 = Rs. 1000

⇒ Effective Discount = [(1000 – 692)/1000] × 100 = 30.8 %
180.

After giving a discount of 33.33%, there is a loss of 11.111%. If only 10% discount is given, then what will be the profit percentage?1). 242). 203). 274). 25

Answer»

Let the marked price (M.P) = x

After discount of 33.33%

Selling price = S.P = (1 - 0.3333) × x = 0.6667x

Loss percentage = (loss/C.P) × 100 = {(C.P - S.P)/C.P} × 100

Loss% = 11.111%

⇒ (C.P - 0.6667x)/C.P} × 100 = 11.111

⇒ 1 - 0.6667x/C.P = 0.11111

⇒ 0.6667x/C.P = 0.88889

⇒ C.P = 0.6667x/0.88889 = 0.75x

When only 10% discount was given

S.P = (1 - 0.1) × x = 0.9x

PROFIT = S.P = C.P = 0.9x - 0.75x = 0.15x

Profit% = (profit/C.P) × 100

⇒ profit % = (0.15x/0.75x) × 100 = 20%

181.

1). Rs. 20152). Rs. 21453). Rs. 22354). Rs. 2325

Answer»

Let the cost price be Rs. ‘x’$

MARKED price = (100 + 20)% of x = 1.2x$

Selling price = (100 – 15)% of (100 – 10)% of 1.2x = 0.85 × 0.9 × 1.2x = 0.918x$

⇒ 0.918x = 2051.73$

⇒ x = 2235$

∴ Cost price of PRODUCT is Rs. 2235$

182.

Madhuparna sold an article such that the ratio of its selling price to cost price was 8 ∶ 7. Find the profit percentage of her transaction.1). 8.54%2). 10.25%3). 14.28%4). 15.24%

Answer»

We know that profit percentage [(s – c)/c] × 100, where s is the SELLING price and c is the COST price.

Here, s/c = 8/7 or (s – c)/c = 8/7 - 1

On putting this in the equation above we get

Profit percentage = (8/7 – 1) × 100 = 14.28%
183.

A shopkeeper incurs 10% loss by selling a washing machine for Rs. 16200. At what price should the washing machine be sold to earn 15% profit?1). Rs. 187002). Rs. 197003). Rs. 207004). Rs. 20250

Answer»

LET cost PRICE of washing machine is x.

Cost price of washing machine when SHOPKEEPER incurs 10% loss.

⇒ Cost price = [Selling price/(1 - loss)] × 100

⇒ Cost price = [16200/(1 - 10)] × 100 = 18000

Selling price of washing machine when shopkeeper earn 15% profit.

⇒ Selling price = Cost price × (1 + profit %)

⇒ Selling price = 18000 × (1 + 15/100)

⇒ Selling price = 18000 × 1.15 = Rs. 20700
184.

By Selling 5 articles for 18rupee, a man losses 10%. If he sells 3 articles for Rs. 15, then what will be the profit percentage?1). 752). 66.673). 304). 25

Answer»

LET, cost price of 5 article = Rs. x

Price at 10% loss = Rs. 18

According to PROBLEM,

⇒ x - x × 10/100 = 18

⇒ 0.9x = 18

⇒ x = 20

∴ Cost price of 5 article = Rs. 20

∴ Cost price of 3 article = Rs. 20 × 3/5 = Rs. 12

Selling price of 3 article = Rs. 15

∴ Profit percentage,

$( \Rightarrow \frac{{15 - 12}}{{12}} \TIMES 100\% )$ 

⇒ 25%

185.

A firm makes a total profit of Rs. 500000. Out of which 20% is paid as taxes and the rest is divided among the partners A and B in the ratio 5 ∶ 3. Find the respective shares of A and B.1). 150000 and 2500002). 190000 and 2100003). 200000 and 2000004). 250000 and 150000

Answer»

TOTAL profit = Rs. 500000

TAX PAID = 500000 × 20/100 [? 20% paid as tax] = Rs. 100000

REMAINING profit = Rs. (500000 – 100000) = Rs. 400000

Remaining profit is divided among A and B in the ratio 5 ? 3.

Let, Share of A = 5x

∴ Share of B = 3x

∴ 5x + 3x = 400000

⇒ 8x = 400000

⇒ x = 50000

∴ Share of A = 5 × 50000 = Rs. 250000

∴ Share of B = 3 × 50000 = Rs. 150000

186.

A invested Rs. 12,000 for 8 months and B invested Rs. 16,000 for some times in a business. If the profits of A and B are equal, then the period of time for which B’s capital was invest is1). 6 months2). 5 months3). 4 months4). 3 months

Answer»

GIVEN,

A INVESTED Rs. 12,000 for 8 MONTHS

And, B invested Rs. 16,000

Let, B invested for x months

∴ Ration of profit of A and B

= (12000 × 8): 16000x

= 96000: 16000x

Given, Profits of A and B are equal

∴ 96000 = 16000x

⇒ x = 96000/16000 = 6 months
187.

The ratio in which a variety of U.P sugar at Rs. 25/kg is mixed with another type of Gujarat sugar costing Rs 30/kg to get a gain of 20% by selling the blended sugar at Rs. 34/kg is:1). 1 : 32). 2 : 33). 1 : 24). 2 : 1

Answer»

Let the amount of U.P SUGAR in a mixture of 1 KG be x kg

⇒ Amount of Gujarat sugar in 1 kg mixture = (1 – x) kg

⇒ Total COST price of 1 kg mixture = 25x + 30(1 – x) = 30 – 5X

Now, for 20% profit

⇒ S.P = (120/100) × C.P

⇒ 34 = 120C.P/100

But, C.P = 30 – 5x

⇒ 34 = 120(30 – 5x)/100

⇒ 17 = 3(6 – x)

⇒ 17 = 18 – 3x

⇒ 3x = 1

⇒ x = 1/3

⇒ 1 – x = 1 – 1/3 = 2/3

∴ So the desired ratio is x : (1 – x) = 1 : 2
188.

1). Rs. 1,6202). Rs. 1,6403). Rs. 1,6604). Rs. 1,680

Answer»

LET the cost PRICE be Rs. x

We know that PROFIT % = (Selling price - cost price)/cost price × 100

⇒ 25 = (2100 - x)/x × 100

⇒ 25x + 100X = 210000

⇒ 125x = 210000

⇒ x = 1680

∴ Cost price x = Rs. 1,680

189.

A shopkeeper gives an offer of "Buy two get three free". Find his loss percentage if he sells at cost price.1). 50%2). 200%3). 150%4). 60%

Answer»

LET cost PRICE of one item be RS. x

Total cost price = cost price of FIVE item = 5 × x = 5x

Total selling price = cost price of two item = 2 × x = 2X

∴ Loss % = {(SP – CP)/CP} × 100 = {(5x – 2x)/5x} × 100 = (3/5) × 100 = 60% 

190.

1). 8 ∶ 7 ∶ 72). 8 ∶ 4 ∶ 73). 5 ∶ 4 ∶ 44). 8 ∶ 14 ∶ 7

Answer»

Let, investment of X = 5a

Investment of Y = 7a

Investment of Z = 8a

WEIGHTED ratio of investment of X, Y and Z

⇒ 5a × 14 ? 7a × 8 ? 8a × 7

70A ? 56a ? 56a

5 ? 4 ? 4 

191.

A dishonest shopkeeper cheats at time of buying and selling the products. He weights 20% more at time of buying and 10% less at time of selling. What is his total profit?1). 33.33%2). 25%3). 66.66%4). 50%

Answer»

GIVEN that he cheats 20% at time of buying

⇒ Goods bought = 1000(1 + 20/100)

⇒ 1200 G at PRICE of 1000 g

Given that he cheats 10% at time of buying

⇒ Goods sold = 1000(1 – 10/100)

⇒ 900g at price of 1000 g

Since cost price = selling price

⇒ Profit PERCENTAGE = goods left/goods sold × 100

⇒ [(1200 – 900)/900] × 100%

⇒ [300/900] × 100%

⇒ [1/3] × 100%

⇒ 33.33%

∴ Profit percentage = 33.33%
192.

By selling an article for Rs. 450, a man loses 10%. The gain or loss per cent if he sells it for Rs. 540 is1). Gain 8%2). Loss 8%3). Gain 9%4). Loss 9%

Answer»

We have SP = Rs 450

Loss % = 10 %

⇒ CP = SP× 100 / (100 – Loss %)

⇒ CP = 450 × 100 / (100 – 10)

⇒ CP = 450 × 100/90

⇒ CP = Rs 500

⇒ New SP = Rs 540

GAIN = 540 – 500

 = Rs 40

⇒ Profit % = (Profit / CP) × 100

 = (40/500) × 100

 = 8%
193.

An umbrella is listed at Rs 1500 and a discount of 20% is offered on the list price. What additional discount must be offered to the costumer to bring the net price to Rs 1104?1). 10%2). 8%3). 12%4). 15%

Answer»

Marked price of UMBRELLA = Rs. 1500

After a DISCOUNT of 20%,

SELLING price of the umbrella = Rs. (1500 × 80/100) = Rs. 1200

Difference from the required selling price = Rs. (1200 – 1104) = Rs. 96.

Let a discount of x% is required on the umbrella to make its selling price which is required,

x% of 1200 = 96

⇒ 1200 × x/100 = 96

⇒ x = 8%

Hence, a second discount of 8% is required on selling the umbrella.

194.

1). 10% Profit2). 15% Profit3). 12% Loss4). 18% Loss

Answer»

As per the given DATA,

Let the cost PRICE of the pen be Rs.X

⇒ Profit % = (SP - CP)/CP × 100

⇒ 20 = (36 - x)/x × 100

⇒ 20x = 3600 - 100x

⇒ 120x = 3600

⇒ x = 30

∴ Cost price of the pen is Rs.30

Also given that he SOLD the pen at Rs.33

By comparing with cost price of the pen Rs.30 with selling price of the pen Rs.33, we can say it as profit

⇒ Profit % = (33 - 30)/30 × 100 = 10 %

∴ Percentage of profit is 10%

195.

1). 5% loss2). 5% gain3). 10% loss4). 10% gain

Answer»

Cost price of 10 kg of rice = Rs. 400 × 10 = Rs. 4000

Cost price of 5 kg of rice = Rs. 2000 and the cost price of the REMAINING 5 kg of rice = Rs. 2000

Also given that trader got 20% loss for half of the quantity

We know that loss% = (CP - SP)/CP × 100

⇒ 20 = (2000 - SP)/2000 × 100

⇒ 200000 - 40000 = 100SP

⇒ SP = Rs. 1600

∴ Loss for first half = 2000 - 1600 = Rs. 400

Also given that profit for SECOND half is 10%

⇒ 10 = (SP - 2000)/2000 × 100

⇒ 100SP = 20000 + 200000

⇒ SP = 2200

∴ Profit for second half = 2200 - 2000 = Rs. 200

∴ Net there is a loss of Rs. 200

Final loss % = (net loss/total cost price × 100) = 200/4000 × 100 = 5%

196.

Successive discounts of a% and b% on the marked price of an article is equivalent to a single discount of:1). \(\left( {a - b\; + \;\frac{{ab}}{{100}}} \right)\% \)2). \(\left( {a - b - \frac{{ab}}{{100}}} \right)\%\)3). \(\left( {a\; + \;b - \frac{{ab}}{{100}}} \right)\%\)4). \(\left( {a\; + \;b\; + \;\frac{{ab}}{{100}}} \right)\%\)

Answer»

Let the marked PRICE of the ARTICLE be RS. p

Selling Price when discount of a% is given = [(100 - a)/100] × p

Selling price when discount of b% is given on the above selling price

= [(100 - b)/100] × [(100 - a)/100] × p

= [(100 - b) × (100 - a)]/10000 × p

Now consider a single discount of c% is given on the product.

⇒ Selling price of the product = [(100 - c)/100] × p

⇒ [(100 - b) × (100 - a)]/10000 × p = [(100 - c)/100] × p

⇒ (100 - b) × (100 - a)/10000 = (100 - c)/100

⇒ (100 - b) × (100 - a)/100 = (100 - c)

⇒ (100 – a) × (100 – b) = (100 – c) × 100

⇒ 10000 – 100B – 100a + ab = 10000 – 100c

⇒ 100c = 100a + 100b – ab

⇒ c = [a + b – (ab/100)]%
197.

1). Rs. 6722). Rs. 3363). Rs. 4484). Rs. 224

Answer»

Let the C.P of first and second ARROWS be A and a respectively

Hence, A + a = 1120----(1)

Now after selling one at 15% profit and other at 10% loss, the TOTAL selling price becomes,

S.P = (A + 15% of A) + (a – 10% of a)

Now given that he NEITHER gains nor losses, hence the S.P = 1120.

1120 = (A + 15/100 × A) + (a – 10/100 × a)

1120 = 115A/100 + 90a/100

Hence, 115A + 90a = 112000----(2)

Solving Eqn. (1) and (2) SIMULTANEOUSLY we get

25a = 16800

⇒ a = 672

198.

Akash purchased a table marked at Rs. 600 at two successive discounts of 15% and 20% respectively. He spent Rs. 28 on transportation and sold the table for Rs. 545. His profit percent was1). 25%2). 30%3). 35%4). 20%

Answer»

Since Akash PURCHASED a table marked at Rs. 600 at two successive discounts of 15% and 20%

∴ Cost PRICE of the table $(= 600 \times \frac{{100 - 15}}{{100}} \times \frac{{100 - 20}}{{100}} = 600 \times \frac{{85}}{{100}} \times \frac{{80}}{{100}} = {\rm{Rs}}.408)$

Since TRANSPORTATION cost is Rs. 28

∴ Total Cost price of the table = 408 + 28 = Rs. 436

∴ Profit = 545 – 436 = Rs. 109

∴ % Profit $(= \frac{{109}}{{436}} \times 100 = 25{\rm{\% }})$
199.

70% of the cost price of a article is equal to the 40% of its selling price. What is the profit or loss percentage?1). 63% loss2). 70% loss3). 75% profit4). 80% profit

Answer»

LET the cost price be RS. 100 and SELLING price be y

According to the question

⇒ 70 × 100/100 = 40y/100

⇒ y = 175

⇒ Profit = 175 – 100

⇒ Profit = Rs. 75

∴ net profit % is 75%
200.

A man sells two tables at the same price. On one he makes a profit of 10% and on the other he suffers a loss of 10%. What is his loss % on the whole transaction?1). 02). 13). 24). 5

Answer»

% LOSS = (PERCENTAGE)2/100 = 100/100 = 1