September 2022

A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is:________?

A. no profit, no loss
B. 20% profit
C. less than 20% profit
D. more than 20% profit

D. more than 20% profit

Let the article be of worth rupees x.

then, as per the statement, the cost price at 10% less value will be:

C.P=[(100-10)/100]*x

C.P=90x/100

C.P=9x/10 rupees

 

Sells at 10% more value means:

S.P= x*[(100+10)/100]

S.P=110x/100

S.P=11x/10 rupees

 

As 11x/10 > 9x/10, this means, man has gain percentage.

So, 

Gain=S.P-C.P

Gain=11x/10-9x/10

Gain=(11x-9x)/10

Gain=2x/10

Gain=x/5 rupees

 

But, we need gain%.

So,

Gain%=(Gain/C.P)*100

Gain%=[(x/5)/(9×10)]* 100

Gain%=(x/5÷9x/10)*100

Gain%=[(x/5)*(10/9x)]*100

Gain%=(2x/9x)*100

Gain%=(2/9)*100

Gain%=200/9

or

Gain%=22*(2/9)

So, Profit is more than 20%

A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is:________? Read More »

If 5% more is gained by selling an article for Rs. 350 than by selling it for Rs. 340, the cost of the article is:________?

A. Rs. 50
B. Rs. 160
C. Rs. 200
D. Rs. 225

C. Rs. 200

Let Cost price of the article be Rs.x

When Selling price is Rs.340 then,
Gain% = (340-x)/x * 100

When Selling price is Rs. 350 then,
Gain% = (350-x)/x * 100

Hence,
Additional % gain= (350-x)/x * 100 – (340-x)/x * 100
Additional % gain= 5=[350−x−340+x] * 100/x [It is given that gain% = 5%]

5x=1000
x=Rs.200

Cost price of article is Rs.200

If 5% more is gained by selling an article for Rs. 350 than by selling it for Rs. 340, the cost of the article is:________? Read More »

The cash difference between the selling prices of an article at a profit of 4% and 6% is Rs. 3. The ratio of the two selling prices is:__________?

A. 51:52
B. 52:53
C. 51:53
D. 52:55

B. 52:53

Let cost price (CP) of the article be X rupees.

For 4% profit, SP=CP+4% of CP = 1.04X

For 6% profit, SP=CP+6% of CP = 1.06X

It is given that cash differences between selling price is Rs 3
1.06X−1.04X=3
0.02X=3
X=150

so,
Selling price of first article = 1.04X
Selling price of first article = 1.04×150
Selling price of first article = 156 Rupees

and,
Selling price of second article = 1.06X
Selling price of second article = 1.06×150
Selling price of second article = 159 Rupees

Ratio of selling prices = 156/159
Ratio of selling prices = 52:53

The cash difference between the selling prices of an article at a profit of 4% and 6% is Rs. 3. The ratio of the two selling prices is:__________? Read More »

A person purchases 90 clocks and sells 40 clocks at a gain of 10% and 50 clocks at a gain of 20%. If he sold all of them at a uniform profit of 15%, then he would have got Rs. 40 less. The cost price of each clock is:_________?

A. Rs.50
B. Rs.60
C. Rs.80
D. Rs.90

C. Rs.80

Let the C.P of each clock be Rs. x.
Then C.P of 90 clocks =Rs. 90x.

By using the given information,
(110/100)*40x + (120/100)*50x – (115/100)*90x = 40
44x+60x−103.5x=40
0.5x=40
x=80

So, the C.P of each clock is equal to Rs. 80.

A person purchases 90 clocks and sells 40 clocks at a gain of 10% and 50 clocks at a gain of 20%. If he sold all of them at a uniform profit of 15%, then he would have got Rs. 40 less. The cost price of each clock is:_________? Read More »

Total area of the 64 small squares of aches board is 400cm2. There is 3cm wide border around the chess board. What is the length of each side of the chess board?

A. 17cm
B. 20cm
C. 23cm
D. 26cm

D. 26cm

Area of each square = (400/64)cm2
Area of each square = 6.25cm2

Side of each small square = √6.25 cm
Side of each small square = 2.5 cm

Since there are 8 squares along each side of the chess board, we have :

Side = [(8 × 2.5) + 6] cm
Side = 26 cm

Total area of the 64 small squares of aches board is 400cm2. There is 3cm wide border around the chess board. What is the length of each side of the chess board? Read More »

The length of a rectangular increased by 10% and it’s breadth is decreased by 10 %. Then the area of the new rectangle is_________?

A. Neither increased nor decreased
B. Increased by 1%
C. Decreased by 1%
D. Decreased by 10%

C. Decreased by 1%

A=l*b
before change
A=100%lb

let l’ be the length after increment
so,
l’=l+l*10/100
l’=l*110/100
l’=l*11/10

let b’ be the breadth after decrement
so,
b’=b-b*10/100
b’=b*90/100
b’=b*9/10

so, new area will be
A’=l’*b’
A’=(l*11/10)*(b*9/10)
A’=l*b*99/100

Change in Percentage will be
A’-A
99lb/100 – 100lb/100
-1/100
or
-1% here negative show sign show % is decreasing by 1

The length of a rectangular increased by 10% and it’s breadth is decreased by 10 %. Then the area of the new rectangle is_________? Read More »

The Total cost of flooring a room at Rs.8.50 per square meter is Rs.510. If the length of the room is 8km it’s breadth is__________?

A. 7.5m
B. 8.5m
C. 10.5m
D. 12.5m

A. 7.5m

Cost of flooring per square meter = Rs.8.50

Total cost of flooring of room = Rs.510

Area of the room = 510/8.50
Area of the room = 60m²

Area of the room = l×b
60 = 8×b
b = 60/8

b =7.5m

Breadth of the room is 7.5m

The Total cost of flooring a room at Rs.8.50 per square meter is Rs.510. If the length of the room is 8km it’s breadth is__________? Read More »

The marked price of a watch was Rs. 720. A man bought the same for Rs. 550.80, after getting two successive discounts, the first 10%. What was the second discount rate ?

A. 12%
B. 14%
C. 15%
D. 18%

C. 15%

Market price of a watch = Rs. 720

After 1st discount = 90% of 720
After 1st discount = 90/100×720
After 1st discount = Rs. 648

Cost price of watch = Rs. 550.80

Difference = 648 – 550.80
Difference = Rs. 97.20

2nd discount = (97.20/648)×100
2nd discount = 9720/648
2nd discount = 15%

The marked price of a watch was Rs. 720. A man bought the same for Rs. 550.80, after getting two successive discounts, the first 10%. What was the second discount rate ? Read More »

A shopkeeper marks his goods 20% above cost price, but allows 30% discount for cash payment. His net loss is ?

A. 8%
B. 10%
C. 16%
D. 20%

C. 16%

Assume the cost price =100

So
the marked price (20% more ) = 1.2×100
the marked price (20% more ) = 120

A discount of 30% on the same is = 0.30×120
A discount of 30% on the same is = 36

Actual SP = 120−36
Actual SP = 84

Loss = 100−84
Loss = 16
or
Loss = 16%(Since base is 100)

A shopkeeper marks his goods 20% above cost price, but allows 30% discount for cash payment. His net loss is ? Read More »

error: Content is protected !!
Scroll to Top