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Dharam Pal purchased a piece of land for Rs. 36,000. He sold one-third of it at a loss of 20% and two-fifths at a profit of 25%. For what price (in Rs. ‘000) should he sell the remaining land to achieve an overall profit of 10%?
(a) 10
(b) 12
(c) 14
(d) 16
(e) None of these
Option b – 12
A fruit seller buys 6 oranges for Re. 1 and sells them at Rs. 2.50 per dozen. What is his profit or loss percentage?
(a) 20
(b) 25
(c) 30
(d) 33
(e) None of these
Option b – 25
A merchant sells tea at Rs. 7.50 per kg, incurring a loss of 25%. At what price per kg should he sell it to make a profit of 10%?
(a) 9
(b) 10
(c) 11
(d) 12.25
(e) None of these
Option c – 11
A sold an item to B at a profit of 4%. B then sold it to C at a loss of 5% for cash. C’s payment is what percentage of A’s cost price?
(a) 96
(b) 100
(c) 98.8
(d) 102.25
(e) None of these
Option c – 98.8
At M/s Rama Stores, a transistor is sold for Rs. 510 at a loss of 15%. What should be the selling price to earn a profit of 15%?
(a) 690
(b) 720
(c) 750
(d) 810
(e) None of these
Option a – 690
Mr. Deepak Marathi mixes two types of tea — loose tea at Rs. 25 per kg and blended tea at Rs. 20 per kg — in the ratio of 2 : 3. He sells the mixture at Rs. 24 per kg. What is his profit in Rs.?
(a) 30
(b) 40
(c) No profit
(d) Data inadequate
(e) None of these
Option d – Data inadequate
Pencils are purchased at 30 paise each and sold at Rs. 320 per hundred. What is the profit percentage?
(a) 9
(b) 12
(c) 7.2
(d) 6.8
(e) None of these
Option d – 6.8
A table and a chair are bought for Rs. 15,000. The table is sold at a 15% profit and the chair at an 8% profit for a combined total of Rs. 17,040. What is the cost price of the table?
(a) 14,000
(b) 13,200
(c) 12,000
(d) 12,702
(e) None of these
Option c – 12,000
A sells an electric iron to B at a profit of 5%. B sells it to C at a loss of 5%. If C pays Rs. 2,394 for it, what was A’s cost price?
(a) 2,066
(b) 2,166
(c) 2,126
(d) 2,800
(e) None of these
Option b – 2,166
Two dealers sell the same item at the same list price. The first allows discounts of 25% and 15%, while the second offers discounts of 10% and 30%. Which offer is better for the customer?
(a) First
(b) Second
(c) Equal
(d) Neither
(e) None of these
Option b – Second
Find the equivalent single discount for successive discounts of 30%, 20%, and 10%.
(a) 48.2
(b) 49.6
(c) 51.2
(d) 53.7
(e) None of these
Option b – 49.6
Which is better for the buyer, and by how much: Rs. 680 with discounts of (i) 20%, 15%, 10% or (ii) 25%, 2%, 8%?
(a) First
(b) Second
(c) Equal
(d) Neither
(e) None of these
Option b – Second
A trader marks goods 20% above the cost price. If he gives a 5% cash discount, what percentage profit does he make?
(a) 15
(b) 14
(c) 13
(d) 12
(e) None of these
Option b – 14
A fan priced at Rs. 360 is sold at a 10% discount. An additional off-season discount of 5% is given. What amount does the customer pay in Rs.?
(a) 324
(b) 342
(c) 308
(d) 302
(e) None of these
Option c – 308
A gown marked at Rs. 120 is sold with a 10% discount, giving the seller a 20% profit on the cost price. What is the cost price?
(a) 75
(b) 80
(c) 90
(d) 108
(e) None of these
Option c – 90
A liquor supplier sells stock to vendors who later mix water to gain one-third profit of the stock volume when selling at cost price. In what ratio should they mix water to liquor to achieve this profit?
(a) 1 : 4
(b) 1 : 3
(c) 2 : 3
(d) 3 : 4
(e) None of these
Option a – 1 : 4
Mr. Devinder buys 120 reams of paper at Rs. 80 per ream, paying Rs. 280 for transportation, 40 paise per ream as octroi, and 60 paise per ream for local carriage. At what price per ream should he sell to make an 8% profit?
(a) 90
(b) 89
(c) 87.5
(d) 86.12
(e) None of these
Option a – 90
Mr. Chirag sells two horses for Rs. 25,000 each. On one he incurs a 10% loss and on the other a 10% gain. What is his NET gain or loss percentage for the overall transaction?
(a) 10%
(b) 1% loss
(c) 1% gain
(d) At par
(e) None of these
Option b – 1% loss
A watch is sold for Rs. 1,140 at a loss of 5%. At what price should it be sold to earn a 5% profit?
(a) 1,200
(b) 1,230
(c) 1,260
(d) 1,290
(e) None of these
Option c – 1,260
The marked price of an article is increased by 25%, and then a discount of 10% is given. What is the NET gain percentage?
(a) 12.4
(b) 12.5
(c) 13.2
(d) 14.2
(e) None of these
Option b – 12.5
Due to a 25% fall in the price of oranges, Vriddhi can buy 4 more oranges for Rs. 16. What was the original price of one orange in Rs.?
(a) 1.00
(b) 1.33
(c) 1.50
(d) 1.60
(e) None of these
Option b – 1.33
Himanshu bought an item and sold it at a 5% profit. If he had bought it at 5% less and sold it for Re. 1 less, he would have made a 10% profit. What was the cost price in Rs.?
(a) 100
(b) 150
(c) 200
(d) 250
(e) None of these
Option c – 200
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