Profit and Loss

Profit and Loss

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Aptitude miscellaneous
  1. A trader bought 10 kg of apples for $ 405 out of which 1 kg of apples were found to be rotten. If he wishes to make a profit of 10%, at what rate should he sell the remaining apples per kg?








  1. View Hint View Answer Discuss in Forum

    Here , CP of 10 kg of apples = $ 405
    As per the given in question ,
    Selling price = 405 × 110% = $ 445.50
    If 1 kg of apples were found to be rotten.
    Remaining apples = 10 – 1 = 9 kg

    Correct Option: B

    Here , CP of 10 kg of apples = $ 405
    As per the given in question ,
    Selling price = 405 × 110% = $ 445.50
    If 1 kg of apples were found to be rotten.
    Remaining apples = 10 – 1 = 9 kg
    Therefore,

    the remaining apples (per kg) cost =
    445.50
    		 = $ 49.50
    9

  1. Rahul buys a book for $ 400 and sells it for $ 500. The difference between his profit as a percentage of the buying price and then as a percentage of the selling price is








  1. View Hint View Answer Discuss in Forum

    Given that , CP of book = $ 400 and SP of book = $ 500
    Profit = SP of book - SP of book = 500 - 400 = $ 100

    Profit percent at C.P. =
    Profit
    		 × 100
    Cost Price

    Profit percent =
    100
    		 × 100 = 25%
    400

    Profit percent at S.P. =
    Profit
    		 × 100
    S.P.

    Correct Option: B

    Given that , CP of book = $ 400 and SP of book = $ 500
    Profit = SP of book - SP of book = 500 - 400 = $ 100

    Profit percent at C.P. =
    Profit
    		 × 100
    Cost Price

    Profit percent =
    100
    		 × 100 = 25%
    400

    Profit percent at S.P. =
    Profit
    		 × 100
    S.P.

    Profit percent at S.P. =
    100
    		 × 100 = 20%
    500

    ∴ Required difference = Profit percent at S.P. - Profit percent at C.P.
    ∴ Required difference = 25 – 20 = 5%

  1. The difference between the selling prices of an article sold at 4% and 3% profits is Rs. 3. The cost price of the article is :








  1. View Hint View Answer Discuss in Forum

    Let the C.P. of article be Rs. y.
    According to the question,
    (104 – 103)% of y = 3
    ⇒ 1% × y = 3

    Correct Option: C

    Let the C.P. of article be Rs. y.
    According to the question,
    (104 – 103)% of y = 3
    ⇒ 1% × y = 3

    ⇒
    y
    		 = 3 ⇒ y = Rs. 300
    100

  1. If the difference between the selling prices of an article at profit of 6% and 4% is $ 3, then the cost price of the article should be :








  1. View Hint View Answer Discuss in Forum

    Suppose the cost price of article be y, then
    Given in question ,
    ( 6 - 4 ) % of y = 3
    ⇒ 2% of y = 3

    ⇒ y =
    3 × 100
    2

    Correct Option: B

    Suppose the cost price of article be y, then
    Given in question ,
    ( 6 - 4 ) % of y = 3
    ⇒ 2% of y = 3

    ⇒ y =
    3 × 100
    		 = $ 150
    2

  1. The difference between the selling price and cost price of an article is $ 210. If the profit percent is 25, then the selling price of the article is








  1. View Hint View Answer Discuss in Forum

    Given in question , Selling price of an article - Cost price of an article = $ 210
    Profit% = 25%

    Profit % = 25 =
    S.P. - C.P.
    		 × 100
    C.P.

    ⇒
    210
    		 × 100 = 25
    C.P.

    ⇒ C.P. =
    100 × 210
    		 = 840
    25

    ∴ S.P. =
    125
    		   of 840
    100

    Correct Option: B

    Given in question , Selling price of an article - Cost price of an article = $ 210
    Profit% = 25%

    Profit % = 25 =
    S.P. - C.P.
    		 × 100
    C.P.

    ⇒
    210
    		 × 100 = 25
    C.P.

    ⇒ C.P. =
    100 × 210
    		 = 840
    25

    ∴ S.P. =
    125
    		   of 840
    100

    S.P. =
    840 × 125
    		 = $ 1050
    100