Showing posts with label Profit & Loss. Show all posts
Showing posts with label Profit & Loss. Show all posts

A sells an article to B at a gain of 20%. B sells is to C at a gain of 25% and C in turn sells is to D at a loss of 331/3%. If D paid Rs.1,000 for it, then what is the cost price of A.

A sells an article to B at a gain of 20%. B sells is to C at a gain of 25% and C in turn sells is to D at a loss of 331/3%. If D paid Rs.1,000 for it, then what is the cost price of A.



1) Rs.1,000


2) Rs.2,000


3) Rs.3,000


4) Rs.4,000

Answer: 1

EXP:
1.2 X 1.25 X 0.6666 X CP = 1000 => CP = 1000 (profits of 20%, 25% & loss of 33.33%)

The manufacturing cost of a watch is Rs.180 and the transportation lost is Rs.500 for 100 watches. What will be the selling price if it is sold at 20% gains

The manufacturing cost of a watch is Rs.180 and the transportation lost is Rs.500 for 100 watches. What will be the selling price if it is sold at 20% gains



1) Rs.222


2) Rs.216


3) Rs.221


4) Rs.220

Answer: 1

EXP:
Total cost of a watch = 180 + (500/100) = 185.
    Gain = 20% => SP = 1.2CP = 1.2 X 185 = 222

Arun purchased a house for Rs.75,000 and a site for Rs.15,000 respectively, if he sold the house for Rs.83,000 and the site for Rs.10,000, then find the resultant percentage of gain?

Arun purchased a house for Rs.75,000 and a site for Rs.15,000 respectively, if he sold the house for Rs.83,000 and the site for Rs.10,000, then find the resultant percentage of gain?


1) 3%


2) 31/3%


3) 30%


4) 331/3%

Answer: 1

EXP:
Total CP = 90000 & total SP = 93000 => gain = SP/CP = 93000/90000 =1.0333 = 3.33%