Profit and Loss


  1. 357 mangoes cost of Rs. 1517.25, then what is the approximate cost of 49 dozen of mangoes ?









  1. View Hint View Answer Discuss in Forum

    49 dozen = 49 x 12 = 588
    ∵ The cost of 357 mangoes = Rs.1517.25
    ⇒The cost of 1 mangoes 517.25 / 357 = Rs. 4.25

    Correct Option: A

    49 dozen = 49 x 12 = 588
    ∵ The cost of 357 mangoes = Rs.1517.25
    ⇒The cost of 1 mangoes 517.25 / 357 = Rs. 4.25
    ∴ The cost of 588 = Rs. 2499
    = Rs. 2500 (Approximately)


  1. By selling an article for Rs. 100, one gains Rs. 10. Then the gain percent is ?









  1. View Hint View Answer Discuss in Forum

    S.P. = Rs. 100, gain = Rs. 10
    ∴ C.P. = S.P. - gain = Rs. 90

    Correct Option: C

    S.P. = Rs. 100, gain = Rs. 10
    ∴ C.P. = S.P. - gain = Rs. 90
    ∴ Gain% = (10 / 90) x 100 % = 111/9%



  1. By selling an article for Rs. 247.50 we get a profit of 121/2 %. The cost of the article is ?









  1. View Hint View Answer Discuss in Forum

    S.P. = Rs. 247.50
    Gain = 25 / 2%
    ∴ C.P. = Rs. {100 / (100 + 25 / 2) x 247.50}

    Correct Option: B

    S.P. = Rs. 247.50
    Gain = 25 / 2%
    ∴ C.P. = Rs. {100 / (100 + 25 / 2) x 247.50}
    = Rs. (100 x 2 / 225 x 247.50)
    = 220


  1. If the cost price of 15 tables be equal to the selling price of 20 tables, the loss per cent is ?









  1. View Hint View Answer Discuss in Forum

    Let C.P. of each table = Re. 1
    C.P. of 20 tables = Rs. 20
    S.P. of 20 table = C.P. of 15 tables = Rs. 15

    Correct Option: C

    Let C.P. of each table = Re. 1
    C.P. of 20 tables = Rs. 20
    S.P. of 20 table = C.P. of 15 tables = Rs. 15
    ∴ loss = (5/20) x 100 % = 25%



  1. Profit after selling a commodity for Rs. 425 is same as loss after selling it for Rs. 355. the cost of the commodity is ?









  1. View Hint View Answer Discuss in Forum

    Let C.P. = Rs. x
    ∵ 425 - x = x - 355

    Correct Option: B

    Let C.P. = Rs. x
    ∵ 425 - x = x - 355
    ⇒ 2 x = 780
    ∴ x = 390