Quantitative Aptitude: Profit and Loss Set 23

1. After allowing a discount of 25% on the market price of an table, there is a gain of 20%. What is the profit % if the table is sold at market price i.e. allowing no discount?
   60%
   55%
   52%
   68%
   None of these
   Option A
   Let MP =Rs 100
   SP of table= Rs 75,
   then Discount = 25
   Gain = 20%
   CP = (100/120) * 75 = 62.5
   So Profit% when no discount = [100-62.5/62.5]*100
   
    



2. A table is marked 10% above the cost price. When the selling price of a table is increased by 20% the profit gets increased by Rs 96. If the marked price of the table is Rs 440, then find original selling price?
   
   Rs 440
   Rs 480
   Rs 515
   Rs 520
   None of these
   Option B
   MP = 440,
   Also given MP = (110/100)*CP, so CP = Rs 400
   Now SP – 400 = P
   And given that, when SP increased by 20%:
   (120/100)*SP – 400 = P + 96
   
    



3. An item is sold at a discount of 25% and still there is a gain of 20% on it. Find the marked price of the item if it costs Rs 525?
   Rs 800
   Rs 840
   Rs 850
   Rs 875
   None of these
   Option B
   M.P. = (100 + p%)/(100 – d%) * C.P.
   
    



4. There is a loss of 25% on an item when it is sold at 3/5th the previous selling price. What is the actual profit% on it?
   100%
   30%
   25%
   45%
   None of these
   Option C
   
   
    



5. An item is sold for Rs 400 in which the seller fetches 25% profit. If 6 such items are sold for Rs 2400, then the percent profit/loss incurred by the seller is which of the following?
   25% Profit
   20% Loss
   25% Loss
   20% Profit
   None of these
   Option A
   % profit = [(400 – 320)/320]*100 = 25%
   
    



6. Rishabh bought 20 kg of vegetables at rupees 30 per kg and 40 kg of vegetables at 35 rupees per kg. Now he sold the entire lot at 45 rupees per kg. Find the amount of loss or profit made by Risabh?
   Rs 600
   Rs 650
   Rs 700
   Rs 750
   None of these
   Option C
   Total CP = 20*30 + 40*35 = 2000
   Total SP = 45*60 = 2700
   Profit made = rS700
   
    



7. Tanishq declared 20 percent discount on its ornaments. Rashi bought ornaments worth Rs 30000 after getting discount. Now she fixed the selling price of the ornaments in such a way that she got a profit of 15% on the marked price. Find the selling price of the ornaments?
   Rs 35625
   Rs 35500
   Rs 36100
   Rs 35400
   None of these
   Option A
   MP = 37500, CP = 30000
   Profit = (15/100)*37500 =5625
   SP = 30000+5625 =Rs 35625
   
    



8. A dealer sells a cow for Rs 600 and there by gains 20 percent. He sells another cow at 5 percent loss and on the whole there is no loss no profit. Find the cost price of the second cow?
   Rs 2000
   Rs 1500
   Rs 1000
   Rs 2500
   Rs 2550
   Option A
   
   
    



9. If a discount of 10% is given on the marked price of the item then the seller gains 20% profit. Find the percent profit if the item is sold at 20 percent discount?
   20/3%
   15/8%
   10/7%
   25/3%
   None of these
   Option A
   Let MP = Rs 100
   90 = (120/100)*cp, cp = 75
   Now discount = 20% so, SP = 80
   % profit = [(80 – 75)/75]*100 = 20/3%
   
    



10. Risabh buys some oranges at the rate of four for a rupee and same numbers of guavas at three for a rupee. To make a profit of 25%, Risabbh should sell a 6 oranges for how much?
    Rs 5.00
    Rs 4.75
    Rs 4.50
    Rs 3.50
    Rs 3.80
    Option B
    CP = 6/4 + 6/3 = 3.5
    Now SP = (125/100)*3.5 =Rs 4.75