Profit and Loss
- If the cost price of 25 pens is equal to the selling price of 20 pens, then the profit per cent is
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Let the C.P. of each pen be Re. 1.
∴ C.P. of 20 pens = Rs. 20
∴ S.P. of 20 pens = Rs. 25
Profit = S.P. of 20 pens - C.P. of 20 pens = 25 - 20 = Rs. 5∴ Profit percent = Profit × 100 C.P. of 20 pens
Correct Option: B
Let the C.P. of each pen be Re. 1.
∴ C.P. of 20 pens = Rs. 20
∴ S.P. of 20 pens = Rs. 25
Profit = S.P. of 20 pens - C.P. of 20 pens = 25 - 20 = Rs. 5∴ Profit percent = Profit × 100 C.P. of 20 pens Profit percent = 500 = 25% 20
- A fruit seller buys oranges at the rate of Rs. 10 per dozen and sells at the rate of Rs. 12 per dozen. His gain percent is :
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Given that , C.P. of 12 oranges = Rs. 10
S.P. of 12 oranges = Rs. 12
Profit = S.P. of 12 oranges - C.P. of oranges = 12 - 10 = Rs . 2∴ Profit percent = Profit × 100 C.P. of 12 oranges
Correct Option: A
Given that , C.P. of 12 oranges = Rs. 10
S.P. of 12 oranges = Rs. 12
Profit = S.P. of 12 oranges - C.P. of oranges = 12 - 10 = Rs . 2∴ Profit percent = Profit × 100 C.P. of 12 oranges Profit percent = 2 × 100 = 20% 10
- If the Cost Price of 25 chairs is equal to the selling price of 30 chairs, then the loss % is :
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Let the cost of each chair be Re. 1.
∴ C.P. of 30 chairs = Rs. 30.
Their S.P. = Rs. 25
Loss = C.P. - S.P. = 30 - 25 = Rs. 5∴ Loss percent = Loss × 100 C.P.
Correct Option: D
Let the cost of each chair be Re. 1.
∴ C.P. of 30 chairs = Rs. 30.
Their S.P. = Rs. 25
Loss = C.P. - S.P. = 30 - 25 = Rs. 5∴ Loss percent = Loss × 100 C.P. ∴ Loss percent = 50 = 16 2 % 3 3
- If a man were to sell his hand– cart for Rs. 720, he would lose 25%. At what price must he sell it to gain 25%?
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Given that , S.P. of hand-cart = Rs. 720 and loss = 25%
C.P. of hand-cart = 100 × 720 = Rs. 960 75
For 25% profit ,
Correct Option: A
Given that , S.P. of hand-cart = Rs. 720 and loss = 25%
C.P. of hand-cart = 100 × 720 = Rs. 960 75
For 25% profit ,S.P. = 125 × 960 = Rs. 1200 100
- A man purchased an article for Rs. 1500 and sold it at 25% above the cost price. If he has to pay Rs. 75 as tax on it, his net profit percentage will be :
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Given that , Cost price of article = Rs. 1500
S.P. of article = 1500 × 125 = Rs. 1875 100
Net S.P. after paying tax = Rs. (1875 – 75) = Rs. 1800
∴ Profit = 1800 – 1500 = Rs. 300
Correct Option: A
Given that , Cost price of article = Rs. 1500
S.P. of article = 1500 × 125 = Rs. 1875 100
Net S.P. after paying tax = Rs. (1875 – 75) = Rs. 1800
∴ Profit = 1800 – 1500 = Rs. 300∴ Profit percent = 300 × 100 = 20% 1500