Profit and Loss
- A sells an article to B at a gain of 10%. B sells it to C at a gain of 7 1 / 2 % . C disposes of it at a loss of 25%. If the prime cost to the manufacturer A was $ 3200 then the price obtained by C is
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As per the given in question ,
Price obtained by C = 3200 × 110 × 215 × 75 100 200 100
Correct Option: D
As per the given in question ,
Price obtained by C = 3200 × 110 × 215 × 75 = $ 2838 100 200 100
- A sells an article to B at a gain of 20% and B sells it to C at a gain of 10% and C sells it to D at a gain of (26 / 2) %. If D pays $ 29.70, A purchased the article for
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Let C.P. for A be $ y .
∴ y × 120 × 110 × 225 = 29.70 100 100 200
Correct Option: C
Let C.P. for A be $ y .
∴ y × 120 × 110 × 225 = 29.70 100 100 200 ⇒ y = 29.70 × 100 × 100 × 200 = $ 20 120 × 110 × 225
- A sells a suitcase to B at 10% profit. B sells it to C at 30% profit. If C pays $ 2,860 for it, then the price at which A bought it is
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Here , C pays = $ 2,860
Let the C.P. of the suitcase for A be $ y, then
According to question ,y × 110 × 130 = 2860 100 100
Correct Option: C
Here , C pays = $ 2,860
Let the C.P. of the suitcase for A be $ y, then
According to question ,y × 110 × 130 = 2860 100 100 ⇒ y = 2860 × 100 × 100 = $ 2000 110 × 130
- A house and a shop were sold for $ 1 lakh each. In this transaction, the house sale resulted into 20% loss whereas the shop sale into 20% profit. The entire transaction resulted in :
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Given that , Total S.P. = $ 2 lakhs
C.P of house = $ 100 × 1 lakh 80 C.P of house = $ 5 lakhs 4 C.P. of shop = $ 100 × 1 lakh 120 C.P. of shop = $ 5 lakhs 6 Total C.P. = $ 5 + 5 lakhs 4 6
Correct Option: C
Given that , Total S.P. = $ 2 lakhs
C.P of house = $ 100 × 1 lakh 80 C.P of house = $ 5 lakhs 4 C.P. of shop = $ 100 × 1 lakh 120 C.P. of shop = $ 5 lakhs 6 Total C.P. = $ 5 + 5 lakhs 4 6 Total C.P. = $ 25 lakhs 12 ∴ Loss = $ 25 - 2 lakh 12 Loss = $ 1 lakh 12
- A shopkeeper sells two T.V. sets at the same price. There is a gain of 20% on one TV and a loss of 20% on the other. State which of the following statement is correct :
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If a man sells two articles at same price and makes a profit of y% on first and y% loss on second,
there is always a loss of y2 % 100
Here , y = 20%
Correct Option: D
If a man sells two articles at same price and makes a profit of y% on first and y% loss on second,
there is always a loss of y2 % 100
Here , y = 20%∴ Loss% = (20)2 = 400 = 4% 100 100