28Jan, 2021
Quantitative Aptitude: Profit and Loss Set 24
  1. A shopkeeper mark his copies at an advance of 69% on the actual cost of production.He allows a discount of 15% and also gives a copy free for every dozen sold at a time.What rate percent of profit does the shopkeeper make,if copies are sold in lots of 24?
    35%
    38%
    36%
    42%
    None of these
    Option B
    Let C.P be Rs 100.
    M.P=Rs 169
    S.P=Rs 143.65
    C.P of 25 copies=Rs 2500
    S.P of 24 copies=143.65*24=Rs 3447.60
    Percent of profit=947.6/2500 * 100 =38%

     

  2. Mani gain 25% by selling a table for Rs 47.50 and would gain by 15% by selling a sofa for Rs 57.50.He sells the table for Rs 45;What is the least price for which he must sell the sofa to avoid any loss on two together?
    Rs 62
    Rs 65
    Rs 43
    Rs 45
    Rs 51
    Option C
    CP of table-100/125 * 47.5 = Rs 38
    CP of sofa=100/115 * 57.5
    Required =(50+38)-45

     

  3. A shopkeeper sells vegetables at cost price,but use false weights.He gains 40% in this manner.What weight does he subsitute for 1 kg?
    716 1/7 gm
    714 2/7 gm
    800 gm
    815 gm
    None of these
    Option B
    So,100-x/x * 1000 = 40

     

  4. A fruit vendor sells fruits at cost price only.But he uses 650 gm weight at the place of 1000 gm weight for a kg.What its his net profit percentage?
    50%
    51 2/3%
    53 11/13%
    50 1/7%
    None of these
    Option C
    =350/650 * 100

     

  5. A shopkeeper sells wheat to a customer at a profit of x% over the CP,besides if he cheat his customer by giving 950 gm instead of 1 kg.Thus his overall percentage is 20%.Then find the value of x?
    15
    10
    12
    14
    Noone of these
    Option D
    =1000*(100+x/100)=950* 120/100

     

  6. A shopkeeper sold 12 copies at a profit of 20% and 8 copies at a profit of 10%.If he had sold all the 20 copies at a profit of 15% ,then his profit would have been reduced by Rs 36.What is the cost price of each copy?
    Rs 150
    Rs 165
    Rs 170
    Rs 180
    None of these
    Option D

     

  7. When the vendor reduces the selling price of an item from Rs 1180 to Rs 1126,his loss increases by 5%.What is the cost price of the item?
    Rs 1080
    Rs 1100
    Rs 1550
    Rs 950
    Rs 875
    Option A
    5% of Cost price=1180 – 1126
    CP=54 * 100/ 5 =Rs 1080

     

  8. Mani sold a pencil at Rs 96 in such a way that his percentage profit is same as the cost price of the pen.If he sells it at twice the percentage profit of its prevoius percentage profit the n the new selling price will be which of the folloing?
    Rs 202
    Rs 150
    Rs 132
    Rs 155
    None of these
    Option C
    Let Cp be Rs x
    SP=X(100+X)/100
    x(100+x)/100=96
    x=60
    Profit percentage=60%
    New SP=60 * 220 / 100

     

  9. The prfit earned after selling pen for Rs 1680 is the same as the loss incurred after selling the item for Rs 1512.What is the cost price of the pen?
    Rs 1540
    Rs 1500
    Rs 1596
    Rs 1495
    None of these
    Option C
    1680-x = x – 1512
    x = 1596

     

  10. The cost price of two sofas is same.One is sold at a profit of 20% and te other Rs 5200 more than the first.If the net profit is 40%,find the cp of each sofa?
    Rs 15400
    Rs 12000
    Rs 13000
    Rs 11000
    None of these
    Option C