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Quantitative Aptitude - Arithmetic Ability/
Profit and Loss /
Question

318

The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?

A) Rs. 2000	B) Rs. 2200
C) Rs. 2400	D) Data inadequate

Answer: A) Rs. 2000

Explanation:

Let C.P. be Rs. x.

Then,= > $\frac{1920 - x}{x} * 100 = \frac{x - 1280}{x} * 100$

=> 1920 - x = x - 1280

=> 2x = 3200

=> x = 1600

Required S.P. = 125% of Rs. 1600 =Rs(125/100*1600) = Rs2000

Subject: Profit and Loss

Related Questions

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%

A) 16.67%

B) 20%

C) 15%

D) 33.33%

Answer & Explanation Answer: A) 16.67%

Explanation:

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12 1759

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

A) 15.63

B) 13.51

C) 17.21

D) 14.44

Answer & Explanation Answer: A) 15.63

Explanation:

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10 18887

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

A) Rs.937.50

B) Rs.937

C) Rs.930

D) Rs.1000

Answer & Explanation Answer: A) Rs.937.50

Explanation:

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6 1036

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

A) 36:25

B) 6:5

C) 5:6

D) 1:1

Answer & Explanation Answer: D) 1:1

Explanation:

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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

A) 33

B) 32

C) 34

D) 36

Answer & Explanation Answer: B) 32

Explanation:

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3 1037

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

A) 8.33

B) 7.69

C) 9.09

D) 11.33

Answer & Explanation Answer: B) 7.69

Explanation:

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2 968

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
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A) Rs.1100

B) Rs.1120

C) Rs.1200

D) Rs.1210

Answer & Explanation Answer: B) Rs.1120

Explanation:

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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)?