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Profit and Loss Mcqs

A reduction of 40% in the price of bananas would enable a man to obtain 64 more for Rs.40, what is reduced price per dozen?

Mathematics Mcqs, Profit and Loss Mcqs /
A reduction of 40% in the price of bananas would enable a man to obtain 64 more for Rs.40, what is reduced price per dozen?

A. Rs.5
B. Rs.4
C. Rs.2
D. Rs.3
Explanation:
40*(40/100) = 16 — 64
? — 12 => Rs.3

A reduction of 40% in the price of bananas would enable a man to obtain 64 more for Rs.40, what is reduced price per dozen? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A dishonest dealer professes to sell goods at the cost price but uses a false weight and gains 25%. Find his false weight age?

Mathematics Mcqs, Profit and Loss Mcqs /
A dishonest dealer professes to sell goods at the cost price but uses a false weight and gains 25%. Find his false weight age?

A. 700 gms
B. 750 gms
C. 800 gms
D. 850 gms
Explanation:
25 = E/(1000 – E) * 100
1000 – E = 4E
1000 = 5E => E = 200
1000 – 200 = 800

A dishonest dealer professes to sell goods at the cost price but uses a false weight and gains 25%. Find his false weight age? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

Ramees professes to sell his goods at the cost price but he made use of 900 grms instead of a kg, what is the gain percent?

Mathematics Mcqs, Profit and Loss Mcqs /
Ramees professes to sell his goods at the cost price but he made use of 900 grms instead of a kg, what is the gain percent?

A. 11%
B. 11 2/9%
C. 11 1/9%
D. 10%
Explanation:
900 — 100
100 — ? => 11 1/9%

Ramees professes to sell his goods at the cost price but he made use of 900 grms instead of a kg, what is the gain percent? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A dishonest dealer professes to sell goods at the cost price but uses a weight of 800 grams per kg, what is his percent?

Mathematics Mcqs, Profit and Loss Mcqs /
A dishonest dealer professes to sell goods at the cost price but uses a weight of 800 grams per kg, what is his percent?

A. 20%
B. 25%
C. 30%
D. 15%
Explanation:
800 — 200
100 — ? => 25%

A dishonest dealer professes to sell goods at the cost price but uses a weight of 800 grams per kg, what is his percent? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

A tradesman by means of his false balance defrauds to the extent of 20%? in buying goods as well as by selling the goods. What percent does he gain on his outlay?

Mathematics Mcqs, Profit and Loss Mcqs /
A tradesman by means of his false balance defrauds to the extent of 20%? in buying goods as well as by selling the goods. What percent does he gain on his outlay?

A. 20%
B. 45%
C. 44%
D. 48%
Explanation:
g% = 20 + 20 + (20*20)/100
= 44%

A tradesman by means of his false balance defrauds to the extent of 20%? in buying goods as well as by selling the goods. What percent does he gain on his outlay? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

Ramees sold two bicycles, each for Rs.990. If he made 10% profit on the first and 10% loss on the second, what is the total cost of both bicycles?

Mathematics Mcqs, Profit and Loss Mcqs /
Ramees sold two bicycles, each for Rs.990. If he made 10% profit on the first and 10% loss on the second, what is the total cost of both bicycles?

A. Rs.2000
B. Rs.1980
C. Rs.1891
D. Rs.1750
Explanation:
(10*10)/100 = 1%loss
100 — 99
? — 1980 => Rs.2000

Ramees sold two bicycles, each for Rs.990. If he made 10% profit on the first and 10% loss on the second, what is the total cost of both bicycles? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

By selling 50 meters of cloth. I gain the selling price of 15 meters. Find the gain percent?

Mathematics Mcqs, Profit and Loss Mcqs /
By selling 50 meters of cloth. I gain the selling price of 15 meters. Find the gain percent?

A. 35%
B. 30%
C. 40%
D. 42 6/7%
Explanation:
SP = CP + g
50 SP = 50 CP + 15 SP
35 SP = 50 CP
35 — 15 CP gain
100 — ? => 42 6/7%

By selling 50 meters of cloth. I gain the selling price of 15 meters. Find the gain percent? Read More »

Mathematics Mcqs, Profit and Loss Mcqs

The cost price of 13 articles is equal to the selling price of 11 articles. Find the profit percent?

Mathematics Mcqs, Profit and Loss Mcqs /
The cost price of 13 articles is equal to the selling price of 11 articles. Find the profit percent?

A. 15 5/15%
B. 18 2/11%
C. 16 2/3%
D. 30%
Explanation:
13 CP = 11 SP
11 — 2 CP
100 — ? =>18 2/11%

The cost price of 13 articles is equal to the selling price of 11 articles. Find the profit percent? Read More »

Mathematics Mcqs, Profit and Loss Mcqs