Jameel bought paper sheets for Rs. 7200 and spent Rs. 200 on transport. Paying Rs 600 he had 330 boxes made. Which he said at Rs. 28 each. What is his profit Percentage?

Jameel bought paper sheets for Rs. 7200 and spent Rs. 200 on transport. Paying Rs 600 he had 330 boxes made. Which he said at Rs. 28 each. What is his profit Percentage?

A. 15.5
B. 40
C. 60
D. None of these
Explanation:
330 boxes = Rs. (7200 + 200 600) = Rs. 8000
330 boxes = Rs. (330 × 28) = Rs. 9240
Gain% = (1240/8000 × 100)% = 15.5%

By selling Toffees at 20 for a rupee, a man loses 40 %. To gain 20 %, for one rupee he must sell?

By selling Toffees at 20 for a rupee, a man loses 40 %. To gain 20 %, for one rupee he must sell?

A. 16 toffees
B. 20 toffees
C. 25 toffees
D. 24 toffees
Explanation:
He sells 20 toffees
S.P = Rs. 1 and loss = 4%
C.P = (11/96 × 1) = Rs. 25/24
Gain = 20%
S.P = Rs. (120/100 × 25/24) = Rs. 5/4
Rs. 5/4 toffees sold = 20
Rs. 1 toffees sold = (20 × 4/5) = 16

A man purchased a watch for Rs. 400 and sold it at a gain of 20% of the selling price. The selling price of the watch is:__________?

A man purchased a watch for Rs. 400 and sold it at a gain of 20% of the selling price. The selling price of the watch is:__________?

A. Rs. 300
B. Rs. 320
C. Rs. 440
D. Rs. 500
Explanation:
Let S.P = Rs. X
Then, 400 + 20% of x = x
(Or) 400 + X/5 = X
(Or) 4X/5 = 400
(or) x = 400 × 5/4 = 500
S.P = Rs. 500

If books bought at prices ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs. 300 to Rs. 425. What is the greatest possible profit that might be made in selling 8 books?

If books bought at prices ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs. 300 to Rs. 425. What is the greatest possible profit that might be made in selling 8 books?

A. Rs. 400
B. Rs. 600
C. Cannot be determined
D. None of these
Explanation:
Profit is maximum when C.P is minimum and S.P Maximum.
Thus, C.P = Rs. (200 × 8) = Rs. 1600
S.P = Rs. (425 × 8) = Rs. 3400
Gain = Rs. 1800