IUC AcademyHome561. Vanita bought a watch with 25% discount on the selling price. If the watch cost her ₹ 780, what is the original selling price of the watch?
- A. ₹ 950
- B. ₹ 1000
- C. ₹ 1040
- D. Cannot be determined
Answer: ₹ 1040
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562. A dress shop marked down all items as following: Group Regular price Sale price A ₹ 65 ₹ 55 B ₹ 60 ₹ 50 C ₹ 70 ₹ 60 D ₹ 75 ₹ 65 Which group of items was offered at the greatest rate of discount?
- A. A
- B. B
- C. C
- D. D
Answer: B
563. An umbrella marked at ₹ 80 is sold for ₹ 68. The rate of discount is
- A. 15%
- B. 17%
- C. 18.5%
- D. 20%
Answer: 15%
564. A T-shirt that cost ₹ 50 is marked up 8% over cost and then sold at a 10% discount on the marked price. What is its selling price?
- A. ₹ 48
- B. ₹ 50
- C. ₹ 52
- D. None of these
Answer: None of these
565. Garima bought a briefcase after a 20% discount on the labelled price and a further 10% off the reduced price. If the labelled price was ₹ 1400, what did she pay?
- A. ₹ 980
- B. ₹ 1008
- C. ₹ 1056
- D. ₹ 1120
Answer: ₹ 1008
566. A company sells a car marked at ₹ 2,72,000, allowing a 4% discount on the first ₹ 2,00,000 and 2.5% on the remaining ₹ 72,000. What price does it actually charge?
- A. ₹ 2,50,000
- B. ₹ 2,55,000
- C. ₹ 2,60,100
- D. ₹ 2,62,200
Answer: ₹ 2,62,200
Explanation: M.P. = ₹ 272000. Discount = ₹ [(4% of 200000) + (2.5% of 72000)] = ₹ (8000 + 1800) = ₹ 9800. ∴ Actual price = ₹ (272000 – 9800) = ₹ 262200.
Explanation: M.P. = ₹ 272000. Discount = ₹ [(4% of 200000) + (2.5% of 72000)] = ₹ (8000 + 1800) = ₹ 9800. ∴ Actual price = ₹ (272000 – 9800) = ₹ 262200.
567. A shopkeeper offers 2.5% discount on cash purchases. What cash amount would Rohan pay for a cycle, the marked price of which is ₹ 650?
- A. ₹ 633.25
- B. ₹ 633.75
- C. ₹ 634
- D. ₹ 635
Answer: ₹ 633.75
568. A milkman mixes water and milk in the ratio 1 : 4, measures out 800 ml instead of a litre, and sells at a nominal 20% profit over cost. What is his actual profit percentage?
- A. 37.5%
- B. 50%
- C. 62.5%
- D. 87.5%
Answer: 87.5%
569. Previously, the manufacturing cost of a product was thrice the cost of raw material. Now the cost of raw material increases in the ratio 5 : 12 and manufacturing cost increases in the ratio of 3 : 5. The previous cost of the product was ₹ 8. What should be the present selling price so that 25% profit can be made?
- A. ₹ 13.70
- B. ₹ 14.80
- C. ₹ 18.50
- D. ₹ 19.50
Answer: ₹ 18.50
570. The cost of raw materials of a product increases by 30%, the manufacturing cost increases by 20% and the selling price of the product increases by 60%. The raw material and the manufacturing cost originally formed 40% and 60% of the total cost respectively. If the original profit percentage was one-fourth the original manufacturing cost, find the approximate new profit percentage.
- A. 48.39%
- B. 54.76%
- C. 63.85%
- D. 66.72%
Answer: 48.39%
571. The cost of manufacturing an article rose by 18% as a result of the increase in the cost of raw material. A manufacturer revised the selling price of the article so as to maintain the same profit percentage as before. However, he found that he now got ₹ 9 more than the earlier profit by selling each article. What was the earlier profit per article?
- A. ₹ 36
- B. ₹ 45
- C. ₹ 50
- D. ₹ 54
Answer: ₹ 50
572. A firm of readymade garments makes both men’s and women’s shirts. Its average profit is 6% of the sales. Its profit in men’s shirts average 8% of the sales and women’s shirts comprise 60% of the out-put. The average profit per sales rupee in women’s shirts is
- A. 0.0166
- B. 0.0466
- C. 0.0666
- D. None of these
Answer: 0.0466
573. A small and medium enterprise imports two components A and B from Taiwan and China respectively and assembles them with other components to form a toy. Component A contributes to 10% of production cost while component B contributes to 20% of production cost. Usually the company sells this toy at 20% above the production cost. Due to increase in the raw material and labour cost in both the countries, component A became 20% costlier and component B became 40% costlier. Owing to these reasons the company increased its selling price by 15%. Considering that cost of other components does not change, what will be the profit percentage if the toy is sold at the new price?
- A. 15.5%
- B. 25.5%
- C. 35.5%
- D. 40%
Answer: 25.5%
574. A space research company wants to sell its two products A and B. If the product A is sold at 20% loss and the product B at 30% gain, the company will not lose anything. If the product A is sold at 15% loss and the product B at 15% gain, the company will lose ₹ 6 million in the deal. What is the cost of product B?
- A. ₹ 80 million
- B. ₹ 100 million
- C. ₹ 120 million
- D. ₹ 140 million
Answer: ₹ 80 million
Explanation: Let the cost of product A be ₹ x and that of product B be ₹ y. Then, 20% of x = 30% of y 33 5 10 2 xy y ⇒= ⇒ = x ...(i) And, 15% of x – 15% of y = 6 15 (–) 6 100 ⇒= xy ⇒ 3 – 40 – 40 2 y xy =⇒ = y ⇒ 2 y = 40 ⇒ y = 80. Hence, cost of product B = ₹ 80 million.
Explanation: Let the cost of product A be ₹ x and that of product B be ₹ y. Then, 20% of x = 30% of y 33 5 10 2 xy y ⇒= ⇒ = x ...(i) And, 15% of x – 15% of y = 6 15 (–) 6 100 ⇒= xy ⇒ 3 – 40 – 40 2 y xy =⇒ = y ⇒ 2 y = 40 ⇒ y = 80. Hence, cost of product B = ₹ 80 million.
575. On selling a chair at 7% loss and a table at 17% gain, a man gains ₹ 296. If he sells the chair at 7% gain and the table at 12% gain, then he gains ₹ 400. The actual price of the table is
- A. ₹ 1600
- B. ₹ 1800
- C. ₹ 2200
- D. ₹ 2400
Answer: ₹ 2400
Explanation: Let C.P. of the chair be ₹ x and that of the table be ₹ y. Then, 17% of y – 7% of x = 296 ⇒ 17y – 7x = 29600...(i) And, 12% of y + 7% of x = 400 ⇒ 12y + 7x = 40000...(ii) Solving (i) and (ii), we get : y = 2400 and x = 1600. ∴ C.P. of table = ₹ 2400.
Explanation: Let C.P. of the chair be ₹ x and that of the table be ₹ y. Then, 17% of y – 7% of x = 296 ⇒ 17y – 7x = 29600...(i) And, 12% of y + 7% of x = 400 ⇒ 12y + 7x = 40000...(ii) Solving (i) and (ii), we get : y = 2400 and x = 1600. ∴ C.P. of table = ₹ 2400.
576. Two watches cost ₹ 840 together. Selling one at a 16% profit and the other at a 12% loss gives no overall profit or loss. What were their cost prices?
- A. ₹ 360, ₹ 480
- B. ₹ 480, ₹ 360
- C. ₹ 380, ₹ 460
- D. ₹ 400, ₹ 440
Answer: ₹ 360, ₹ 480
Explanation: Let the C.P. of the watches be ₹ x and ₹ (840 – x). ∴ (116% of x) + [88% of (840 – x)] = 840 ⇒ 116x + 73920 – 88x = 84000 ⇒ 28x = 10080 ⇒ x = 360. ∴ Their cost prices are ₹ 360 and ₹ 480.
Explanation: Let the C.P. of the watches be ₹ x and ₹ (840 – x). ∴ (116% of x) + [88% of (840 – x)] = 840 ⇒ 116x + 73920 – 88x = 84000 ⇒ 28x = 10080 ⇒ x = 360. ∴ Their cost prices are ₹ 360 and ₹ 480.
577. A farmer sold a cow and an ox for ₹ 800 and got a profit of 20% on the cow and 25% on the ox. If he sells the cow and the ox for ₹ 820 he gets a profit of 25% on the cow and 20% on the ox. The individual cost price of the cow and the ox is
- A. ₹ 530.60, ₹ 130.60 (approx)
- B. ₹ 515.60, ₹ 115.60 (approx)
- C. ₹ 531.50, ₹ 135.50 (approx)
- D. Cannot be determined
Answer: ₹ 530.60, ₹ 130.60 (approx)
578. A man buys two clocks A and B for ₹ 650 in all. He sells A at a 20% profit and B at a 25% loss, getting the same selling price for each. What did A and B cost him?
- A. ₹ 225, ₹ 425
- B. ₹ 250, ₹ 400
- C. ₹ 275, ₹ 375
- D. ₹ 300, ₹ 350
Answer: ₹ 250, ₹ 400
579. Albert buys 4 horses and 9 cows for ₹ 13,400. If he sells the horses at 10% profit and the cows at 20% profit, then he earns a total profit of ₹ 1880. The cost of a horse is
- A. ₹ 1000
- B. ₹ 2000
- C. ₹ 2500
- D. ₹ 3000
Answer: ₹ 2000
580. A trader purchases a watch and a wall clock for ₹ 390. He sells them making a profit of 10% on the watch and 15% on the wall clock. He earns a profit of ₹ 51.50. The difference between the original prices of the wall clock and the watch is equal to
- A. ₹ 80
- B. ₹ 100
- C. ₹ 110
- D. ₹ 120
Answer: ₹ 110
581. Two-thirds of a consignment was sold at a profit of 6% and the rest at a loss of 3%. If however there was an overall profit of ₹ 540, the value of consignment was
- A. ₹ 15000
- B. ₹ 16000
- C. ₹ 18000
- D. None of these
Answer: ₹ 18000
582. A man sells two horses for ₹ 1475. The cost price of the first is equal to the selling price of the second. If the first is sold at 20% loss and the second at 25% gain, what is his total gain or loss (in rupees)?
- A. ₹ 60 loss
- B. ₹ 80 gain
- C. ₹ 60 gain
- D. Neither gain nor loss
Answer: Neither gain nor loss
583. A fruit seller has 24 kg of apples. He sells some at a 20% gain and the rest at a 5% loss, making a 10% profit overall. How much was sold at a loss?
- A. 4.6 kg
- B. 6 kg
- C. 9.6 kg
- D. 11.4 kg
Answer: 9.6 kg
584. 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
- A. 400
- B. 560
- C. 600
- D. 640
Answer: 600
585. A man buys goods worth ₹ 6000 and sells half of them at a 10% gain. At what gain percent must he sell the rest to gain 25% overall?
- A. 25%
- B. 30%
- C. 35%
- D. 40%
Answer: 40%
586. A person earns 15% on one investment and loses 10% on another, the investments being in the ratio 3 : 5. What is the net gain or loss on both together?
- A. 1 6 % loss 4
- B. 1 13 % gain 8
- C. 1 13 % loss 8
- D. None of these
Answer: None of these
587. A person purchases 90 clocks and sells 40 clocks at a gain of 10% and 50 clocks at a gain of 20%. If he sold all of them at a uniform profit of 15%, then he would have got ₹ 40 less. The cost price of each clock is
- A. ₹ 50
- B. ₹ 60
- C. ₹ 80
- D. ₹ 90
Answer: ₹ 80
Explanation: Let C.P. of each clock be ₹ x. Then, C.P. of 90 clocks = ₹ 90x. ∴ [(110% of 40x) + (120% of 50x)] – (115% of 90x) = 40 ⇒ 44x + 60x – 103.5x = 40 ⇒ 0.5 x = 40 ⇒ x = 80.
Explanation: Let C.P. of each clock be ₹ x. Then, C.P. of 90 clocks = ₹ 90x. ∴ [(110% of 40x) + (120% of 50x)] – (115% of 90x) = 40 ⇒ 44x + 60x – 103.5x = 40 ⇒ 0.5 x = 40 ⇒ x = 80.
588. A cloth merchant sold half his cloth at a 20% profit, half of the remainder at a 20% loss, and the rest at cost price. What is his overall gain or loss?
- A. Neither loss nor gain
- B. 5% loss
- C. 5% gain
- D. 10% gain
Answer: 5% gain
589. If a shopkeeper sells 1 3 of his goods at a profit of 14%, 3 5 of the goods at a profit of 17.5% and the remaining at a profit of 20%, then his profit on the whole is equal to
- A. 15.5%
- B. 16%
- C. 16.5%
- D. 17%
Answer: 16.5%
590. A departmental store receives a shipment of 1000 pens, for which it pays ₹ 9000. The store sells the pens at a price 80 percent above cost for one month, after which it reduces the price of the pens to 20 percent above cost. The store sells 75 percent of the pens during the first month and 50 percent of the remaining pens afterwards. How much gross income did the sales of the pens generate?
- A. ₹ 10000
- B. ₹ 10800
- C. ₹ 12150
- D. ₹ 13500
Answer: ₹ 13500
591. I purchased 120 exercise books at the rate of ₹ 3 each and sold 1 3 of them at the rate of ₹ 4 each, 12 of them at the rate of ₹ 5 each and the rest at the cost price. My profit percent is
- A. 44%
- B. 44 2 % 3
- C. 44 4 % 9
- D. 45%
Answer: 44 4 % 9
592. If a person makes a profit of 10% on one-fourth of the quantity sold and a loss of 20% on the rest, then what is the average percent profit or loss?
- A. 11.25% loss
- B. 11.75% profit
- C. 12.5% profit
- D. 12.5% loss
Answer: 12.5% loss
593. In a shop, 80% of the articles are sold at a profit of 10% and the remaining at a loss of 40%. What is the overall profit/loss?
- A. 10% profit
- B. 10% loss
- C. 5% loss
- D. No profit no loss
Answer: No profit no loss
594. Sanket bought 20 dozen notebooks at ₹ 48 per dozen. He sold 8 dozen at a 10% profit and the other 12 dozen at a 20% profit. What is his overall profit percentage?
- A. 7.68
- B. 15
- C. 16
- D. 19.2
Answer: 16
595. Hemant sold 10 sarees for a total profit of ₹ 460 and 12 sarees for a total profit of ₹ 144. At what profit per saree should he sell the remaining 20 sarees so that he gets an average profit of ₹ 18 per saree?
- A. ₹ 7.40
- B. ₹ 7.60
- C. ₹ 7.80
- D. ₹ 8
Answer: ₹ 7.60
596. Ranjan purchased 120 tables at a price of ₹ 110 per table. He sold 30 tables at a profit of ₹ 12 per table and 75 tables at a profit of ₹ 14 per table. The remaining tables were sold at a loss of ₹ 7 per table. What is the average profit per table?
- A. ₹ 10.04
- B. ₹ 10.875
- C. ₹ 12.80
- D. ₹ 12.875
Answer: ₹ 10.875
597. A man sold two steel chairs for ₹ 500 each. On one, he gains 20% and on the other, he loses 12%. How much does he gain or lose in the whole transaction?
- A. 1.5% gain
- B. 1.5% loss
- C. 2% gain
- D. 2% loss
Answer: 1.5% gain
598. A man sells two articles at ₹ 99 each. He gains 10% on one and loses 10% on the other. Then on overall basis he
- A. gains ₹ 2
- B. neither gains nor loses
- C. loses ₹ 2
- D. loses ₹ 1
Answer: loses ₹ 2
599. A house and a shop were sold for ₹ 1 lakh each. In this transaction, the house sale resulted into 20% loss whereas the shop sale resulted into 20% profit. The entire transaction resulted in
- A. no loss, no gain
- B. loss of ₹ 1 12 lakh
- C. loss of ₹ 1 18 lakh
- D. gain of ₹ 124 lakh
Answer: loss of ₹ 1 12 lakh
600. A man sells two items at ₹ 4000 each and neither gains nor loses overall. If one is sold at a 25% gain, at what loss was the other sold?
- A. 16⅔%
- B. 18 2/9%
- C. 25%
- D. None of these
Answer: 16⅔%
601. A man sells two flats at ₹ 1.995 lakh each, gaining 5% on one and losing 5% on the other. What is his overall gain or loss percent?
- A. 0.25% loss
- B. 0.25% gain
- C. 2.5% loss
- D. 25% loss
Answer: 0.25% loss
602. A shopkeeper sells two watches for ₹ 308 each. On one he gets 12% profit and on the other 12% loss. His profit or loss in the entire transaction was
- A. Neither profit, nor loss
- B. 11 1 % loss 25
- C. 11 1 % profit 25
- D. 2 3 % loss25
Answer: 11 1 % loss 25
603. A man sells two articles for ₹ 240 each. On one he gains 20% and on the other he loses 20%. What is the gain or loss percent in the entire transaction?
- A. 1% gain
- B. 2% loss
- C. 4% gain
- D. 4% loss
Answer: 4% loss
604. A shopkeeper bought three watches w1, w2 and w3 from a dealer and sold them to three different customers. The ratio of the selling prices of the watches w1, w2 and w3 was 2 : 3 : 4. The shopkeeper gains 30% and 20% on the watches w1 and w2 respectively but loses 40% on the watch w3. What was the shopkeeper’s approximate percent gain or loss in the whole transaction?
- A. 16% profit
- B. 16% loss
- C. 15% loss
- D. Data inadequate
Answer: 16% loss
605. Shailja earns 15 percent on an investment but loses 10 percent on another investment. If the ratio of the two investments is 3 : 5, then the combined loss percent is
- A. 5 8
- B. 85
- C. 4 5
- D. 54
Answer: 5 8
606. The cash difference between the selling prices of an article at a profit of 4% and 6% is ₹ 3. The ratio of the two selling prices is
- A. 51 : 52 / 51: 52
- B. 52 : 53 / 52: 53
- C. 51 : 53 / 51: 53
- D. 52 : 55 / 52: 55
Answer: 52 : 53 / 52: 53
607. The difference between the cost price and selling price of an article is ₹ 240, and the profit is 20%. What is the selling price?
- A. ₹ 1240
- B. ₹ 1400
- C. ₹ 1600
- D. None of these
Answer: None of these
608. An article is sold at a profit of 20%. If the cost price is increased by 10% and the sale price by ₹ 26, then the percentage of profit reduces by 5%. Determine the cost price.
- A. ₹ 300
- B. ₹ 400
- C. ₹ 500
- D. ₹ 600
Answer: ₹ 400
609. A watch is sold at a profit of 20%. If both the cost price and the selling price of the watch are decreased by ₹ 100, the profit would be 5% more. Original cost price of the watch is
- A. ₹ 450
- B. ₹ 500
- C. ₹ 550
- D. ₹ 600
Answer: ₹ 500
610. A bookseller sells a book at a profit of 10%. If he had bought it at 4% less and sold it for ₹ 6 more, he would have gained 18 % 4 3 . The cost price of the book is
- A. ₹ 130
- B. ₹ 140
- C. ₹ 150
- D. ₹ 160
Answer: ₹ 150
611. A man sells a book at a profit of 20%. If he had bought it at 20% less and sold it for ₹ 18 less, he would have gained 25%. The cost price of the book is
- A. ₹ 60
- B. ₹ 70
- C. ₹ 80
- D. ₹ 90
Answer: ₹ 90
612. A dealer sold an article at a loss of 1 2 %. 2 Had he sold it for ₹ 100 more, he would have gained 1 7 %. 2 To gain 1 12 %, 2 he should sell it for
- A. ₹ 850
- B. ₹ 925
- C. ₹ 1080
- D. ₹ 1125
Answer: ₹ 1125
613. A shopkeeper sells an article at 12½% loss. If he sells it for ₹ 92.50 more then he gains 6%. What is the cost price of the article?
- A. ₹ 500
- B. ₹ 510
- C. ₹ 575
- D. ₹ 600
Answer: ₹ 500
614. An increase of ₹ 3 in the selling price of an article turns a loss of 7½% into a gain of 7½% . The cost price (in ₹) of the article is
- A. 10
- B. 15
- C. 20
- D. 25
Answer: 20
615. When a shopkeeper lowers the price of a fan from ₹ 400 to ₹ 380, his loss goes up by 2%. What is the cost price of the fan?
- A. ₹ 480
- B. ₹ 500
- C. ₹ 600
- D. None of these
Answer: None of these
616. If 5% more is gained by selling an article for ₹ 350 than by selling it for ₹ 340, the cost of the article is
- A. ₹ 50
- B. ₹ 160
- C. ₹ 200
- D. ₹ 225
Answer: ₹ 200
617. Samant paid 10% less than the original price for a microwave oven and sold it at a 30% profit on what he paid. What percent profit did he make on the original price?
- A. 17%
- B. 20%
- C. 27%
- D. 32%
Answer: 17%
618. A man buys an article at 10% below its value and sells it at 10% above its value. What is his gain or loss percent?
- A. no profit, no loss
- B. 20% profit
- C. less than 20% profit
- D. more than 20% profit
Answer: more than 20% profit
619. Raghavan purchase a scooter at 13 15 of its selling price and sold it at 12% more than its selling price. His gain is
- A. 20%
- B. 29 3/13%
- C. 30%
- D. 38 1/13%
Answer: 29 3/13%
620. By selling an article at 2 3 of the marked price, there is a loss of 10%. The profit percent, when the article is sold at the marked price, is
- A. 20%
- B. 30%
- C. 35%
- D. 40%
Answer: 35%
621. A clock was sold for ₹ 144. If the percentage of profit was numerically equal to the cost price, the cost of the clock was
- A. ₹ 72
- B. ₹ 80
- C. ₹ 90
- D. ₹ 100
Answer: ₹ 80
622. Vineet calculates his profit percentage on the selling price whereas Roshan calculates his profit on the cost price. They find that the difference of their profits is ₹ 275. If the selling price of both of them are the same and Vineet gets 25% profit whereas Roshan gets 15% profit, find their selling price.
- A. ₹ 2100
- B. ₹ 2250
- C. ₹ 2300
- D. ₹ 2350
Answer: ₹ 2300
623. If there is a profit of 20% on the cost price of an article, the percentage of profit calculated on its selling price will be
- A. 1 8 3
- B. 2 163
- C. 20
- D. 24
Answer: 2 163
624. By selling an article, a man makes a profit of 25% of its selling price. His profit percent is
- A. 2 16 3
- B. 20
- C. 25
- D. 1 33 3
Answer: 1 33 3
625. A merchant buys an article for ₹ 27 and sells it at a profit of 10 percent of the selling price. The selling price of the article is
- A. ₹ 29.70
- B. ₹ 30
- C. ₹ 32
- D. ₹ 37
Answer: ₹ 30
626. An article passing through two hands is sold at a profit of 38% at the original cost price. If the first dealer makes a profit of 20%, then the profit percent made by the second is
- A. 5
- B. 10
- C. 12
- D. 15
Answer: 15
627. Goods pass successively through the hands of three traders and each of them sells his goods at a profit of 25% of his cost price. If the last trader sold the goods for ₹ 250, then how much did the first trader pay for them?
- A. ₹ 128
- B. ₹ 150
- C. ₹ 192
- D. ₹ 200
Answer: ₹ 128
628. A manufacturer sold a machine to a wholesale dealer at a profit of 10%. The wholesale dealer sold it to a retailer at a profit of 20%. While transporting some defect occurred in the machine and hence the retailer sold it at a loss of 5%. The customer paid ₹ 627. Find the cost of the machine for the manufacturer.
- A. ₹ 500
- B. ₹ 534
- C. ₹ 600
- D. ₹ 672
Answer: ₹ 500
629. A car worth ₹ 1,50,000 was sold by X to Y at 5% profit. Y sold the car back to X at 2% loss. In the entire transaction
- A. X gained ₹ 4350
- B. X lost ₹ 4350
- C. X gained ₹ 3150
- D. X lost ₹ 3150
Answer: X gained ₹ 3150
Explanation: Money spent by X = ₹ 150000. Money received by X = 105% of ₹ 150000 = ₹ 157500. C.P. to X = 98% of ₹ 157500 = ₹ 154350. ∴ X gains ₹ (157500 – 154350) = ₹ 3150.
Explanation: Money spent by X = ₹ 150000. Money received by X = 105% of ₹ 150000 = ₹ 157500. C.P. to X = 98% of ₹ 157500 = ₹ 154350. ∴ X gains ₹ (157500 – 154350) = ₹ 3150.
630. A bought a radio and spent ₹ 110 on repairs. He sold it to B at a 20% profit, B sold it to C at a 10% loss, and C sold it for ₹ 1188 at a 10% profit. What did A pay for the radio?
- A. ₹ 850
- B. ₹ 890
- C. ₹ 930
- D. ₹ 950
Answer: ₹ 890
631. A manufacturer sells an article to a wholesale dealer at a profit of 20% and the wholesale dealer sells it to a retail merchant at a loss of 5%. Find the resultant loss or profit.
- A. 12% loss
- B. 12% gain
- C. 14% loss
- D. 14% gain
Answer: 14% gain
632. Prateek sold a music system to Kartik at 20% gain and Kartik sold it to Swastik at 40% gain. If Swastik paid ₹ 10500 for the music system, what amount did Prateek pay for the same?
- A. ₹ 6250
- B. ₹ 7500
- C. ₹ 8240
- D. Cannot be determined
Answer: ₹ 6250
633. A fair-price shopkeeper takes a 10% profit on his goods, but 20% of the goods are stolen. What is his loss percent?
- A. 8
- B. 10
- C. 11
- D. 12
Answer: 12
634. A stockist wants to make some profit by selling sugar. He contemplates about various methods. Which of the following would maximize his profit?
- A. Sell sugar at 10% profit
- B. Use 900 g of weight instead of 1 kg
- C. Mix 10% impurities in sugar and sell sugar at cost price
- D. Increase the price by 5% and reduce the weight by 5%
Answer: Use 900 g of weight instead of 1 kg
635. A dry fruit merchant professes to sell 2 kg almond packs at a loss of 20%. However, he uses two false weights each of which is marked 1 kg and thus gains 6⅔% on selling every 2 kg of almonds. If it is given that one of the weights weighs only 850 gm, then how much does the other weight weigh?
- A. 650 gm
- B. 700 gm
- C. 725 gm
- D. 750 gm
Answer: 650 gm
636. A trader professes to sell his goods at a nominal gain percentage but actually earns 37½% profit by using false weight. If for a kg he uses a weight of 800 gm, what is the nominal gain percentage at which he claims to be selling his goods?
- A. 8%
- B. 10%
- C. 15%
- D. 20%
Answer: 10%
637. A cloth merchant buys with a 120 cm scale and sells with an 80 cm scale instead of a metre scale. He gives a 20% cash discount. What is his overall profit percentage?
- A. 15%
- B. 20%
- C. 25%
- D. 40%
Answer: 20%
638. A shopkeeper advertises for selling cloth at 4% loss. However, by using a false metre scale he actually gains 20%. What is the actual length of the scale?
- A. 70 cm
- B. 75 cm
- C. 80 cm
- D. 90 cm
Answer: 80 cm
639. A merchant claims to sell a tea at a 4% loss but uses a weight of 840 g in place of 1 kg. What is his real loss or gain percent?
- A. 2 14 % loss 7
- B. 2 14 % gain 7
- C. 2 16 % loss 7
- D. 2 16 % gain 7
Answer: 2 14 % gain 7
640. A crooked dealer sells goods at a 20% loss on cost price but gives 15% less weight. What is his profit or loss percent?
- A. 11 5 % loss 17
- B. 15 5 % loss17
- C. 15 5 % gain 17
- D. 11 5 % gain17
Answer: 15 5 % loss17