Profit and Loss
- If by selling an article for Rs. 390 a shopkeeper gains 20%, then the cost price is
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Given , selling price of article = Rs. 390
Let the C.P. of article be Rs. y.
According to the question ,y × 120 = 390 100 ⇒ y = 390 ×
100= Rs. 325 120
Correct Option: B
Given , selling price of article = Rs. 390
Let the C.P. of article be Rs. y.
According to the question ,y × 120 = 390 100 ⇒ y = 390 ×
100= Rs. 325 120
Hence , the cost price is 325 .
- Loss of 20% on selling price is equal to x% loss on cost price. What is the value of x?
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Given in question ,
20 = 1 = CP. - S.P. 100 5 S.P.
Suppose C.P. = Rs. x1, S.P. = Rs. y
∴ 5x1 – 5y = y
⇒ 5x1 = 6y⇒ y = Rs. 5 x1 6
Correct Option: C
Given in question ,
20 = 1 = CP. - S.P. 100 5 S.P.
Suppose C.P. = Rs. x1, S.P. = Rs. y
∴ 5x1 – 5y = y
⇒ 5x1 = 6y⇒ y = Rs. 5 x1 6 x = x1 × 100 = 50 = 16 2 % 6x1 3 3
- An article is sold at a certain price. If it is sold at half of the previous selling price, then there is a loss of (51 / 2)% . The profit after selling the article at the previous selling price is:
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Let the C.P. of article be Rs. 100 and its S.P. be Rs. x.
According to the question.When S.P. = Rs x 2 ⇒ 100 - x = 51 2 2
Correct Option: B
Let the C.P. of article be Rs. 100 and its S.P. be Rs. x.
According to the question.When S.P. = Rs x 2 ⇒ 100 - x = 51 2 2 Loss percent = x = 100 - 51 = 200 - 51 2 2 2
⇒ x = Rs. 149
⇒ Required profit percent = 49%
- An article is sold at a loss of 10%. Had it been sold for $ 9 more, there would have been a gain of (25 / 2) % on it. The cost price of the article is :
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Let the cost price of the article = $ x
S.P. at 10% loss = x × 90 = 9x 100 10 at 12 1 % gain , 2
S.P.
According to the question ,9x + 9 = 225x 10 200
⇒ 180x + 1800 = 225x
⇒ 225x – 180x = 1800
⇒ 45x = 1800
⇒ x = $ 40
We can find required answer with the help of given formula :
Here, a = 10%, R = 9, b = 12.5%C.P. = R × 100 a + b
Correct Option: A
Let the cost price of the article = $ x
S.P. at 10% loss = x × 90 = 9x 100 10 at 12 1 % gain , 2
S.P.
According to the question ,9x + 9 = 225x 10 200
⇒ 180x + 1800 = 225x
⇒ 225x – 180x = 1800
⇒ 45x = 1800
⇒ x = $ 40
We can find required answer with the help of given formula :
Here, a = 10%, R = 9, b = 12.5%C.P. = R × 100 a + b C.P. = 12 × 100 12.5 + 10 C.P. = 900 = $ 40 22.5
- A man sold an article at a loss of 20%. If he has sold that article for $ 12 more he would have gained 10%. Find the cost price of that article :
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Let y be the cost price .
According to question ,
( 100 - 20 )% of y + 12 = ( 100 + 10 )%
⇒ 80% y + 12 = 110%
⇒ 30% y = 12y = 12 × = $ 40 30
We can find required answer with the help of given formula :
Here, a = 20%, R = 12, b = 10%C.P. = R × 100 b + a
Correct Option: B
Let y be the cost price .
According to question ,
( 100 - 20 )% of y + 12 = ( 100 + 10 )%
⇒ 80% y + 12 = 110%
⇒ 30% y = 12y = 12 × = $ 40 30
We can find required answer with the help of given formula :
Here, a = 20%, R = 12, b = 10%C.P. = R × 100 b + a C.P. = 12 × 100 = $ 40 12 + 10