1. Aadesh bought a combined total of 25 monitors and printers. He
marked up the monitors by 20% on CP while each printer was marked up by Rs.
2000. He was able to sell 75% of the monitors and 2 printers and make a profit
of Rs. 49,000. The remaining monitors and 3 printers could not be sold by him.
Find his overall profit or loss if he gets no return on unsold items and it is
known that a printer costs 50% of a monitor.
(a) Loss of Rs. 48,500
(b) Loss of Rs. 21,000
(c) Loss of Rs. 41,000
(d) Data Inadequate
(e) None of these
2. A rickshaw dealer buys 30 rickshaws for Rs.4725. Of these, 8
are four seaters and rest are two seaters. At what price must he sell the four
seaters so that if he sells the two seaters at 3/4th of this price, he makes a
profit of 40% on his outlay.
(a) Rs. 180
(b) Rs. 270
(c) Rs. 360
(d) Rs. 450
(e) None of these
3. Ritesh bought 25 washing machines and microwave ovens for Rs.
2,05,000. He sold 80% of the washing machines and 12 microwaves ovens for a
profit of Rs 40,000. Each washing machine was marked up by 20% over cost and
each microwave oven was sold at a profit of Rs. 2,000. The remaining washing
machines and 3 microwave ovens could not be sold. What is Raghav’s overall
profit/loss?
(a) Rs. 1000 profit
(b) Rs. 2500 loss
(c) Rs. 1000 loss
(d) Cannot be determined
(e) None of these.
4. A flat and a piece of land were bought by two friends Tarun and
Varun respectively at prices of Rs. 2Lakh and Rs. 2.2 Lakh. The price of the
flat rises by 20% every year and that of land by 10% every year. After two
years, they decided to exchange their possessions. What is approx. percentage
gain of the gainer?
(a) 7.56%
(b) 6.36%
(c) 4.39%
(d) 3.36%
(e) None of these
5. Sunil calculates his profit percentage on the selling price
whereas Sujeet calculates his profit on the cost price. They find that the
difference of their profits is Rs. 900. If the selling price of both of them
are the same, and Sunil gets 50% profit and Sujeet gets 40% profit, then find
their selling price.
(a) Rs 4200
(b) Rs 4500
(c) Rs 4000
(d) Rs 4800
(e) None of these
6. A reduction of 10% in the price of salt enables a person to buy
2 kg more for Rs.180. Find the reduced and the original price per kg of salt
respectively.
(a) Rs 10, Rs 9
(b) Rs 9, Rs 10
(c) Rs 18, Rs 20
(d) Rs 20, Rs 18
(e) Rs 18, Rs 16.2
7. A person sold his watch for Rs. 24. If the percentage of his
loss was equal to the cost price , then the watch would have cost him
(a) Rs. 40
(b) Rs. 60
(c) Rs. 50
(d) Rs. 80
(e) None of these
8. A man buys two horses for Rs. 1550. He sells one so as to lose
23% and other so as to gain 27%. On the whole transaction he neither gains nor
loses. What does each horse costs?
(a) 807,743
(b) 817,733
(c) 827,723
(d) 837,713
(e) None of these
9. An orange vendor makes a profit of 20% by selling oranges at a
certain price. If he charges Rs. 1.2 higher per orange he would gain 40%. Find
the original price at which he sold an orange.
(a) Rs. 3
(b) Rs. 12
(c) Rs. 4.8
(d) Rs. 6.0
(e) None of these
10. After selling a watch, shyam found that he had made a loss of
10%. He also found that had he sold it for Rs.27 more, he would have made a
profit of 5%. the actual initial loss was what percentage of the profit
earned,had he sold the watch for a 5% profit?
(a) 23%
(b) 150%
(c) 200%
(d) 180%
(e) None of these.
Answers &
Explanation;
1. a
2. b
3. c
4. e (8.189 approx. )
5. a
6. b
7. e (Either Rs 40 or Rs 60)
8. d
9. e (Rs. 3.60)
10. c
Explanation:
1.Total Number of printers = 5 (2 sold , 3 unsold)
Monitors = 20.
Profit made on Printers sold = 2000*2 = 4000.
Monitors sold = 20*75% = 15
Profit made on Monitors sold = 49000-4000 = Rs.45000.
Profit made per monitor = 45000/15 = 3000.
20% of CP of Monitor = 3000
CP of Monitor = 15000.
CP of Printer = 7500
Total CP = 15000*20 + 7500*5 = 3,37,500
Total SP = 18000*15 + 9500*2 = 2,89,000
Loss = 48,500
2. Total investement = Rs. 4725
Total SP = 1.4*4725 = 6615
Now, Let the price of 4 seater be x then price of two seater will be .75x.
8x + 22*0.75x = 6615
24.5x= 6615 or x = 270
3. Total number of Microwave ovens = 15 (12 sold +3 unsold)
Hence, Washing machines = 10
He sold 12 ovens and 8 washing machines
Hence, In total he sold 80% of both
Thus, He sells 80% of both at a profit of Rs. 40,000.
Cost of 80% of the goods = 0.8*2,05,000 = 1,64,000
Hence, Total SP = 1,64,000+40,000 = 2,04,000
CP = 2,05,000
Loss = Rs.1000
4. After 2 years :-
Flat would be worth = 2Lakh* 1.2*1.2 = Rs. 288000
Land would be worth= 2.2Lakh*1.1*1.1 = Rs. 266200
Profit of the Gainer = Rs. 21800
Profit % of the gainer = 21800*100/266200= 8.189(approx)
Also if loss% woudd have been asked of the loser
loss% = 21800*100/288000 = 7.56 (approx. )
5. Let SP be Rs. 100
CP for Sunil = => (SP-CP)*100/SP = 50
CP for Sunil ==> (100-CP)*100/100 = 50 or CP = Rs. 50
(Divided by SP as Profit calculated on SP)
Profit for Sunil = 100-50 = Rs 50
Now, CP for Sujeet = (SP-CP)*100/CP = 40
(100-CP)*100= 40CP or CP for Sujeet= Rs. 1000/14
Profit for Sujeet = 100-100/14 = 400/14
Now, Difference in profit when SP is 100 = 50-400/14 = 300/14.
Now, Equating difference and SP, we have
300/14 : 100 : : 900 : SP
SP = 900*100*14/300 = Rs. 4200
6 . Let originally he buy X kg for Rs. 180
Now, he will buy X+2 kg for Rs. 180.
Reduction in original price =10%
(180/X)/kg*90/100 = [180/(X+2)]/kg
90(X+2) = 100X
X = 18
Therefore, Originally he bought 18kg.
Original Price = Rs. 10/kg
Reduced Price = Rs. 9/kg
7. SP = Rs. 24
Let CP be X hence, Loss% = X
(X-SP)*100/X = X or (X-24)*100/X = X
X^2-100X+2400 = 0
(X-60)(X-40) = 0
X= 60 or 40
8. Let CP of one be X and other be Y
X+Y = 1550….(i)
ATQ:-
0.77X + 1.27Y = 1550…(ii) (as no profit and no loss is there)
Solving both, we get
50Y = 35650 or Y = 713
Hence, X = 1550-713 = 837
Therefore, CP of each horse = 837,713
9. Let the CP be Rs. x/ orange
Profit = 20%
SP = Rs. 1.20x
Now, If case :-
SP =x+ Rs.1.2
Profit = 40%
Therefore, we can say
1.40x = x+1.2 or x = Rs. 3
Hence, Original SP = Rs 1.2x = Rs. 3.60/-
10. Profit= 5% (If case )
5% of CP ------> Rs. 27
So, CP = Rs. 540
Now, Loss% = 10
Loss =Rs. 54
Required % = 54*100/27 = 200%
1. a
2. b
3. c
4. e (8.189 approx. )
5. a
6. b
7. e (Either Rs 40 or Rs 60)
8. d
9. e (Rs. 3.60)
10. c
Explanation:
1.Total Number of printers = 5 (2 sold , 3 unsold)
Monitors = 20.
Profit made on Printers sold = 2000*2 = 4000.
Monitors sold = 20*75% = 15
Profit made on Monitors sold = 49000-4000 = Rs.45000.
Profit made per monitor = 45000/15 = 3000.
20% of CP of Monitor = 3000
CP of Monitor = 15000.
CP of Printer = 7500
Total CP = 15000*20 + 7500*5 = 3,37,500
Total SP = 18000*15 + 9500*2 = 2,89,000
Loss = 48,500
2. Total investement = Rs. 4725
Total SP = 1.4*4725 = 6615
Now, Let the price of 4 seater be x then price of two seater will be .75x.
8x + 22*0.75x = 6615
24.5x= 6615 or x = 270
3. Total number of Microwave ovens = 15 (12 sold +3 unsold)
Hence, Washing machines = 10
He sold 12 ovens and 8 washing machines
Hence, In total he sold 80% of both
Thus, He sells 80% of both at a profit of Rs. 40,000.
Cost of 80% of the goods = 0.8*2,05,000 = 1,64,000
Hence, Total SP = 1,64,000+40,000 = 2,04,000
CP = 2,05,000
Loss = Rs.1000
4. After 2 years :-
Flat would be worth = 2Lakh* 1.2*1.2 = Rs. 288000
Land would be worth= 2.2Lakh*1.1*1.1 = Rs. 266200
Profit of the Gainer = Rs. 21800
Profit % of the gainer = 21800*100/266200= 8.189(approx)
Also if loss% woudd have been asked of the loser
loss% = 21800*100/288000 = 7.56 (approx. )
5. Let SP be Rs. 100
CP for Sunil = => (SP-CP)*100/SP = 50
CP for Sunil ==> (100-CP)*100/100 = 50 or CP = Rs. 50
(Divided by SP as Profit calculated on SP)
Profit for Sunil = 100-50 = Rs 50
Now, CP for Sujeet = (SP-CP)*100/CP = 40
(100-CP)*100= 40CP or CP for Sujeet= Rs. 1000/14
Profit for Sujeet = 100-100/14 = 400/14
Now, Difference in profit when SP is 100 = 50-400/14 = 300/14.
Now, Equating difference and SP, we have
300/14 : 100 : : 900 : SP
SP = 900*100*14/300 = Rs. 4200
6 . Let originally he buy X kg for Rs. 180
Now, he will buy X+2 kg for Rs. 180.
Reduction in original price =10%
(180/X)/kg*90/100 = [180/(X+2)]/kg
90(X+2) = 100X
X = 18
Therefore, Originally he bought 18kg.
Original Price = Rs. 10/kg
Reduced Price = Rs. 9/kg
7. SP = Rs. 24
Let CP be X hence, Loss% = X
(X-SP)*100/X = X or (X-24)*100/X = X
X^2-100X+2400 = 0
(X-60)(X-40) = 0
X= 60 or 40
8. Let CP of one be X and other be Y
X+Y = 1550….(i)
ATQ:-
0.77X + 1.27Y = 1550…(ii) (as no profit and no loss is there)
Solving both, we get
50Y = 35650 or Y = 713
Hence, X = 1550-713 = 837
Therefore, CP of each horse = 837,713
9. Let the CP be Rs. x/ orange
Profit = 20%
SP = Rs. 1.20x
Now, If case :-
SP =x+ Rs.1.2
Profit = 40%
Therefore, we can say
1.40x = x+1.2 or x = Rs. 3
Hence, Original SP = Rs 1.2x = Rs. 3.60/-
10. Profit= 5% (If case )
5% of CP ------> Rs. 27
So, CP = Rs. 540
Now, Loss% = 10
Loss =Rs. 54
Required % = 54*100/27 = 200%
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