Profit and Loss
- A buys oranges at Rs. 2 for 3 oranges and sells them at a rupee each. To make a profit of Rs. 10, he must sell ?
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Suppose he sells x oranges
Then, C.P.of x oranges = Rs. 2x/3
S.P. of x oranges = Rs. xCorrect Option: C
Suppose he sells x oranges
Then, C.P.of x oranges = Rs. 2x/3
S.P. of x oranges = Rs. x
Profit on x oranges = Rs. (x - 2x/3) = Rs. x/3
∵ x/3 = 10 ⇒ x = 30
- The cost of 2 T.V. sets and a radio is Rs. 7000, while 2 radios and one T.V. set together cost Rs. 4250. The cost of a T.V. set is ?
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2 x + y = 7000 ....(i)
x + 2y = 4250 .....(ii)Correct Option: D
2 x + y = 7000 ....(i)
x + 2y = 4250 .....(ii)
Solving (i) and (ii) we get,
x = 3250
∴ Cost of T.V. set is Rs. 3250.
- The loss incurred on selling an article for Rs. 270 is as much as the profit made after selling it at 10% profit. The C.P. of the article is ?
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Let C.P.be Rs. x then, x - 270 = 10% of x = x / 10
∴ x = 300Correct Option: D
Let C.P.be Rs. x then, x - 270 = 10% of x = x / 10
∴ x = 300
- A discount series of 10%, 20% and 40% is equal to single discount of ?
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Let original price = Rs. 100
Price after 1 st discount = Rs. 90
Price after 2 nd discount = Rs. (80/100) x 90 = Rs. 72
Price after 3 rd discount = Rs. (60/100) x 72 = Rs. 43.20
∴ Single equivalent discount = (100 - 43.20) = 56.8%Correct Option: B
Let original price = Rs. 100
Price after 1 st discount = Rs. 90
Price after 2 nd discount = Rs. (80/100) x 90 = Rs. 72
Price after 3 rd discount = Rs. (60/100) x 72 = Rs. 43.20
∴ Single equivalent discount = (100 - 43.20) = 56.8%
- The C.P. of an article is 40% of the S.P. The per cent that the S.P. is of C.P. is ?
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Let S.P. = Rs. 100
Then C.P. = Rs. 40
∴ Required percent = (100/40) x 100% = 250%Correct Option: D
Let S.P. = Rs. 100
Then C.P. = Rs. 40
∴ Required percent = (100/40) x 100% = 250%