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Mathematics Mcqs

There would be 10% loss if rice is sold at Rs. 5.40 per kg. At what price per kg should it be sold to earn a profit of 20%

Mathematics Mcqs, Profit and Loss Mcqs /
There would be 10% loss if rice is sold at Rs. 5.40 per kg. At what price per kg should it be sold to earn a profit of 20%

A. Rs. 6
B. Rs. 6.48
C. Rs. 7.02
D. Rs. 7.20
Explanation:
90 : 5.40 :: 120 : x
X = (5.40 x 120)/90 = 7.20

There would be 10% loss if rice is sold at Rs. 5.40 per kg. At what price per kg should it be sold to earn a profit of 20% Read More »

Mathematics Mcqs, Profit and Loss Mcqs

There would be 10% loss if a toy is said at Rs. 10.80 per piece. At what price should it be sold to earn a profit of 20%?

Mathematics Mcqs, Profit and Loss Mcqs /
There would be 10% loss if a toy is said at Rs. 10.80 per piece. At what price should it be sold to earn a profit of 20%?

A. Rs. 12
B. Rs. 12.96
C. Rs. 14.40
D. None of these
Explanation:
90 : 10.80 :: 120 : x
X = (10.80 ×120)/90 = 14.40
Hence, the toy must be sold for Rs. 14.40

There would be 10% loss if a toy is said at Rs. 10.80 per piece. At what price should it be sold to earn a profit of 20%? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A man buys 10 articles for Rs. 8 and Sells them at the rate of Rs. 1.25 per article. His gain is:________?

Mathematics Mcqs, Profit and Loss Mcqs /
A man buys 10 articles for Rs. 8 and Sells them at the rate of Rs. 1.25 per article. His gain is:________?

A. 20%
B. 50%
C. 19 ½ %
D. 56 ¼ %
Explanation:
C.P of 10 articles = Rs. 8
S.P of 10 articles = Rs. (1.25 × 10) = Rs. 12.50
Gain = (4.5/8 × 100)% = 56 ¼%

A man buys 10 articles for Rs. 8 and Sells them at the rate of Rs. 1.25 per article. His gain is:________? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A shopkeeper sold an article offering a discount of 5% and earned a profit of 23.5%. What would have been the percentage of profit earned if no discount was offered?

Mathematics Mcqs, Profit and Loss Mcqs /
A shopkeeper sold an article offering a discount of 5% and earned a profit of 23.5%. What would have been the percentage of profit earned if no discount was offered?

A. 24.5
B. 28.5
C. 30
D. Data inadequate
E. None of these
Explanation:
Let C.P. be Rs. 100.
Then, S.P. = Rs. 123.50
Let marked price be Rs. x. Then, 95/100 x = 123.50
x = 12350/95 = Rs. 130
Now, S.P. = Rs. 130, C.P. = Rs. 100
Profit % = 30%.

A shopkeeper sold an article offering a discount of 5% and earned a profit of 23.5%. What would have been the percentage of profit earned if no discount was offered? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

The cost price of an article is 64% of the marked price. Calculate the gain percent after allowing a discount of 12%?

Mathematics Mcqs, Profit and Loss Mcqs /
The cost price of an article is 64% of the marked price. Calculate the gain percent after allowing a discount of 12%?

A. 37.5%
B. 48%
C. 50.5%
D. 52%
Explanation:
Let marked price = Rs. 100.
Then, C.P. = RS. 64, S.P. = Rs. 88
Gain % = 24/64 * 100 = 37.5%.

The cost price of an article is 64% of the marked price. Calculate the gain percent after allowing a discount of 12%? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

By selling an umbrella for Rs. 300, a shop keeper gains 20%. During a clearance sale, the shopkeeper allows a discount of 10% on the marked price. His gain percent during the sale is:________?

Mathematics Mcqs, Profit and Loss Mcqs /
By selling an umbrella for Rs. 300, a shop keeper gains 20%. During a clearance sale, the shopkeeper allows a discount of 10% on the marked price. His gain percent during the sale is:________?

A. 7
B. 7.5
C. 8
D. 9
Explanation:
Marked price = Rs. 300
C.P. = 100/120 * 300 = Rs. 250
Sale price = 90% of Rs. 300 = Rs. 270
Required gain % = 20/250 * 100 = 8%.

By selling an umbrella for Rs. 300, a shop keeper gains 20%. During a clearance sale, the shopkeeper allows a discount of 10% on the marked price. His gain percent during the sale is:________? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

The price of a VCR is marked at Rs. 12,000. If successive discounts of 15%, 10% and 5% be allowed, then at what price does a customer buy it?

Mathematics Mcqs, Profit and Loss Mcqs /
The price of a VCR is marked at Rs. 12,000. If successive discounts of 15%, 10% and 5% be allowed, then at what price does a customer buy it?

A. Rs. 8400
B. Rs. 8721
C. Rs. 8856
D. None of these
Explanation:
Actual price = 95% of 90% of 85% of Rs. 12000
= 95/100 * 90/100 * 85/100 * 12000 = Rs. 8721.

The price of a VCR is marked at Rs. 12,000. If successive discounts of 15%, 10% and 5% be allowed, then at what price does a customer buy it? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

Aleem buys 4 horses and 9 cows for Rs. 13,400. If he sells the horses at 10% profit and the cows at 20% profit, then he earns a total profit of Rs. 1880. The cost of a horse is:_________?

Mathematics Mcqs, Profit and Loss Mcqs /
Aleem buys 4 horses and 9 cows for Rs. 13,400. If he sells the horses at 10% profit and the cows at 20% profit, then he earns a total profit of Rs. 1880. The cost of a horse is:_________?

A. Rs. 1000
B. Rs. 2000
C. Rs. 2500
D. Rs. 3000
Explanation:
Let C.P. of each horse be Rs. x and C.P. of each cow be Rs. y.
Then, 4x + 9y = 13400 — (i)
And, 10% of 4x + 20% of 9y = 1880
2/5 x + 9/5 y = 1880 => 2x + 9y = 9400 — (ii)
Solving (i) and (ii), we get : x = 2000 and y = 600.
Cost price of each horse = Rs. 2000.

Aleem buys 4 horses and 9 cows for Rs. 13,400. If he sells the horses at 10% profit and the cows at 20% profit, then he earns a total profit of Rs. 1880. The cost of a horse is:_________? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

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 Rs. 40 less. The cost price of each clock is:_________?

Mathematics Mcqs, MCQs / Q&A /
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 Rs. 40 less. The cost price of each clock is:_________?

A. Rs.50
B. Rs.60
C. Rs.80
D. Rs.90
Explanation:
Let C.P. of clock be Rs. x.
Then, C.P. of 90 clocks = Rs. 90x.
[(110% of 40x) + (120% of 50x)] – (115% of 90x) = 40
44x + 60x – 103.5x = 40
0.5x = 40 => x = 80

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 Rs. 40 less. The cost price of each clock is:_________? Read More »

Mathematics Mcqs, MCQs / Q&A

The cash difference between the selling prices of an article at a profit of 4% and 6% is Rs. 3. The ratio of the two selling prices is:__________?

Mathematics Mcqs, MCQs / Q&A /
The cash difference between the selling prices of an article at a profit of 4% and 6% is Rs. 3. The ratio of the two selling prices is:__________?

A. 51:52
B. 52:53
C. 51:53
D. 52:55
Explanation:
Let C.P. of the article be Rs. x.
Then, required ratio = 104% of x / 106% of x
= 104/106 = 52/53 = 52:53

The cash difference between the selling prices of an article at a profit of 4% and 6% is Rs. 3. The ratio of the two selling prices is:__________? Read More »

Mathematics Mcqs, MCQs / Q&A