3
Q:

Anmol soldtwo items for Rs 1000 each. On one, he gained 10% and on other, he lost 10%. How much did he gain or lose in the whole transaction?

A) profit,0.95% B) loss,1%
C) profit,10% D) loss,10%

Answer:   B) loss,1%



Explanation:

Let the two item be A and B.

Cost price of A be x and cost price of B be y.

A sold for Rs 1000 on 10 % gain = 1.1x =1000

x= 1000/1.1 = 909.09

B sold for Rs. 1000 on 10% loss = 0.9y =1000y= 1000/0.9 = 1111.11

Total cost price of A and B = 2020.20

Selling price of A and B = 2000

Loss % = (2020.20 –2000)/2000 X 100

= 1.01 % loss

Subject: Profit and Loss
Q:

Karan purchased one dozen pens for Rs. 120 and sold a pack of 3 pens for Rs.35 each. What is his gain?

A) 16.67% B) 20%
C) 15% D) 33.33%
 
Answer & Explanation Answer: A) 16.67%

Explanation:
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12 1765
Q:

The ratio of the cost price and selling price of a shirt is 32 : 37. What is the profit percentage?

 

A) 15.63 B)  13.51
C) 17.21 D) 14.44
 
Answer & Explanation Answer: A) 15.63

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10 19109
Q:

A shopkeeper allows a discount of 20% to his customers and still gains 25%. Find the Marked price of an article which costs Rs.600 to the shopkeeper.

A) Rs.937.50 B) Rs.937
C) Rs.930 D) Rs.1000
 
Answer & Explanation Answer: A) Rs.937.50

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6 1056
Q:

Surbhi invested Rs.6000 for 5 months and Urba invested Rs.5000 for 6 months in a venture. The ratio in which they will share the profits is

A) 36:25 B) 6:5
C) 5:6 D) 1:1
 
Answer & Explanation Answer: D) 1:1

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3 1060
Q:

The marked price of a trouser is twice of the cost price. To earn 36% profit, what should be the value of discount (in percentage)?

 

A)  33 B)  32
C)  34 D)  36
 
Answer & Explanation Answer: B)  32

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3 1060
Q:

If selling price of 39 articles is equal to the cost price of 42 articles, then what will be the profit percentage?

 

A) 8.33 B) 7.69
C)  9.09 D) 11.33
 
Answer & Explanation Answer: B) 7.69

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2 987
Q:

A shopkeeper purchased 10 boxes of pencils containing 10 pencils each at Rs. 100 per box and sold each pencil at a profit 12%. What is the total sale price?

A) Rs.1100 B) Rs.1120
C) Rs.1200 D) Rs.1210
 
Answer & Explanation Answer: B) Rs.1120

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2 1550
Q:

The marked price of a calculator is Rs 750. It is sold at a discount of 22%. If the cost price of the calculator is Rs 500, then what is the profit (in Rs)?

 

A) 85   B)  105  
C)  95   D) 115
 
Answer & Explanation Answer: A) 85  

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4 1334