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Mathematics Mcqs

If 5% more is gained by selling an article for Rs. 350 than by selling it for Rs. 340, the cost of the article is:________?

Mathematics Mcqs, MCQs / Q&A /
If 5% more is gained by selling an article for Rs. 350 than by selling it for Rs. 340, the cost of the article is:________?

A. Rs. 50
B. Rs. 160
C. Rs. 200
D. Rs. 225
Explanation:
Let C.P. be Rs. x.
Then, 5% of x = 350 – 340 = 10
x/20 = 10 => x = 200

If 5% more is gained by selling an article for Rs. 350 than by selling it for Rs. 340, the cost of the article is:________? Read More »

Mathematics Mcqs, MCQs / Q&A

A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is:________?

Mathematics Mcqs, MCQs / Q&A /
A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is:________?

A. no profit, no loss
B. 20% profit
C. less than 20% profit
D. more than 20% profit
Explanation:
Let the article be worth Rs. x.
C.P. 90% of Rs. x = Rs. 9x/10
S.P. = 110% of Rs. x = Rs. 11x/10
Gain = (11x/10 – 9x/10) = Rs. x/5
Gain % = x/5 * 10/9x * 100 = 22 2/9 % > 20%

A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is:________? Read More »

Mathematics Mcqs, MCQs / Q&A

A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to retailer at a profit of 20%. The retailer in turn sells them to a customer for Rs. 30.09, there by earning a profit of 25%. The cost price for the manufacturer is:________?

Mathematics Mcqs, MCQs / Q&A /
A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to retailer at a profit of 20%. The retailer in turn sells them to a customer for Rs. 30.09, there by earning a profit of 25%. The cost price for the manufacturer is:________?

A. Rs. 15
B. Rs. 16
C. Rs. 17
D. Rs. 18
Explanation:
Let the cost price for the manufacturer be Rs. x. Then, 125% of 120% of 118% of x = 30.09.
125/100 * 120/100 * 118/100 * x = 3009/100
177/100 x = 3009/100 => x = 17

A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to retailer at a profit of 20%. The retailer in turn sells them to a customer for Rs. 30.09, there by earning a profit of 25%. The cost price for the manufacturer is:________? Read More »

Mathematics Mcqs, MCQs / Q&A

A sells a bicycle to B at a profit of 20%. B sells it to C at a profit of 25%. If C pays Rs. 225 for it, the cost price of the bicycle for A is:________?

Mathematics Mcqs, MCQs / Q&A /
A sells a bicycle to B at a profit of 20%. B sells it to C at a profit of 25%. If C pays Rs. 225 for it, the cost price of the bicycle for A is:________?

A. Rs. 110
B. Rs. 120
C. Rs. 125
D. Rs. 150
Explanation:
125% of 120% of A = 225
125/100 * 120/100 * A = 225
A = 225 * 2/3 = 150.

A sells a bicycle to B at a profit of 20%. B sells it to C at a profit of 25%. If C pays Rs. 225 for it, the cost price of the bicycle for A is:________? Read More »

Mathematics Mcqs, MCQs / Q&A

A fair price shopkeeper takes 10% profit on his goods. He lost 20% goods during theft. His loss percent is:________?

Mathematics Mcqs, MCQs / Q&A /
A fair price shopkeeper takes 10% profit on his goods. He lost 20% goods during theft. His loss percent is:________?

A. 8
B. 10
C. 11
D. 12
Explanation:
Suppose he has 100 items. Let C.P. of each item be Re. 1.
Total cost = Rs. 100. Number of items left after theft = 80.
S.P. of each item = Rs. 1.10
Total sale = 1.10 * 80 = Rs. 88
Hence, loss % = 12/100 * 100 = 12%

A fair price shopkeeper takes 10% profit on his goods. He lost 20% goods during theft. His loss percent is:________? Read More »

Mathematics Mcqs, MCQs / Q&A

By mixing two brands of tea and selling the mixture at the rate of Rs. 177 per kg. a shopkeeper makes a profit of 18%. If to every 2 kg of one brand costing Rs. 200 per kg, 3 kg of the other brand is added, then how much per kg does the other brand cost?

Mathematics Mcqs, MCQs / Q&A /
By mixing two brands of tea and selling the mixture at the rate of Rs. 177 per kg. a shopkeeper makes a profit of 18%. If to every 2 kg of one brand costing Rs. 200 per kg, 3 kg of the other brand is added, then how much per kg does the other brand cost?

A. Rs. 110
B. Rs. 120
C. Rs. 140
D. None of these
Explanation:
Let the cost of the brand be Rs. X per kg.
C.P. of 5 kg = (2 * 200 + 3 * x) = Rs. (400 + 3x)
S.P of 5 kg = Rs. (5 * 177) = Rs. 885
[885 – (400 + 3x)]/(400 + 3x) * 100 = 18
24250 – 150x = 3600 + 27x
177x = 20650 => x = 116 2/3
So, cost of the other brand = Rs. 116.66.

By mixing two brands of tea and selling the mixture at the rate of Rs. 177 per kg. a shopkeeper makes a profit of 18%. If to every 2 kg of one brand costing Rs. 200 per kg, 3 kg of the other brand is added, then how much per kg does the other brand cost? Read More »

Mathematics Mcqs, MCQs / Q&A

Haroon purchased 30 kg of wheat at the rate of Rs. 11.50 per kg and 20 kg of wheat at the rate of 14.25 per kg. He mixed the two and sold the mixture. Approximately what price per kg should be sell the mixture to make 30% profit?

Mathematics Mcqs, MCQs / Q&A /
Haroon purchased 30 kg of wheat at the rate of Rs. 11.50 per kg and 20 kg of wheat at the rate of 14.25 per kg. He mixed the two and sold the mixture. Approximately what price per kg should be sell the mixture to make 30% profit?

A. Rs. 14.80
B. Rs. 15.40
C. Rs. 15.60
D. Rs. 16.30
E. Rs. 18.20
Explanation:
C.P. of 50 kg wheat = (30 * 11.50 + 20 * 14.25) = Rs. 630.
S.P. of 50 kg wheat = 130% of Rs. 630 = 130/100 * 630 = Rs. 819.
S.P. per kg = 819/50 = Rs. 16.38 = 16.30.

Haroon purchased 30 kg of wheat at the rate of Rs. 11.50 per kg and 20 kg of wheat at the rate of 14.25 per kg. He mixed the two and sold the mixture. Approximately what price per kg should be sell the mixture to make 30% profit? Read More »

Mathematics Mcqs, MCQs / Q&A

By selling 12 toffees for a rupee, a man loses 20%. How many for a rupee should be sell to get a gain of 20%?

Mathematics Mcqs, Profit and Loss Mcqs /
By selling 12 toffees for a rupee, a man loses 20%. How many for a rupee should be sell to get a gain of 20%?

A. 5
B. 8
C. 10
D. 15
Explanation:
Let S.P. of 12 toffees be Rs. x.
Then, 80:1 = 120:x or x = 120/180 = 3/2
For Rs. 3/2, toffees sold = 12.
For Re. 1, toffees sold = 12 * 2/3 = 8

By selling 12 toffees for a rupee, a man loses 20%. How many for a rupee should be sell to get a gain of 20%? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?

Mathematics Mcqs, Profit and Loss Mcqs /
A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?

A. 3
B. 4
C. 5
D. 6
Explanation:
C.P. of 6 toffees = Re. 1
S.P. of 6 toffees = 120% of Re. 1 = Rs. 6/5
For Rs. 6/5, toffees sold = 6. For re. 1.
Toffees sold = 6 * 5/6 = 5

A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

On an order of 5 dozen boxes of a consumer product, a retailer receives an extra dozen free. This is equivalent to allowing him a discount of:________?

Mathematics Mcqs, Profit and Loss Mcqs /
On an order of 5 dozen boxes of a consumer product, a retailer receives an extra dozen free. This is equivalent to allowing him a discount of:________?

A. 15%
B. 16 1/6%
C. 16 2/3%
D. 20%
Explanation:
Clearly, the retailer gets 1 dozen out of 6 dozens free.
Equivalent discount = 1/6 * 100 = 16 2/3%.

On an order of 5 dozen boxes of a consumer product, a retailer receives an extra dozen free. This is equivalent to allowing him a discount of:________? Read More »

Mathematics Mcqs, Profit and Loss Mcqs