Profit, Loss and Discount Questions

Multiple choice
  1. $Rs. 420; Rs.300$
  2. $Rs. 440; Rs.320$
  3. $Rs. 470; Rs.380$
  4. $Rs. 490; Rs.410$
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let the cost prices be x and 720-x. The selling prices are 0.85x and 1.19(720-x). Setting them equal: 0.85x = 856.8 - 1.19x, so 2.04x = 856.8, giving x = 420. The other cost is 720 - 420 = 300.

Multiple choice
  1. $10.4 \%$
  2. $12.7 \%$
  3. $15.36 \%$
  4. $19.23 \%$
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let CP = 100, MP = 120. Sell 3/5 (60 units) at 120 = 72. Sell 2/5 (40 units) at 20% discount = 120 * 0.8 = 96. Total SP = 72 + (0.4 * 96) = 72 + 38.4 = 110.4. Profit = 10.4%.

Multiple choice
  1. Profit = $\displaystyle 30\frac{2}{3}\%$
  2. Profit = $\displaystyle 3\frac{2}{3}\%$
  3. Profit = $\displaystyle 30\frac{1}{3}\%$
  4. Profit = $\displaystyle 20\frac{2}{3}\%$
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Total cost is 750 * 0.60 = 450. Selling 600 articles at a 40% profit on outlay means total revenue = 450 * 1.4 = 630. Selling price per article = 630 / 600 = 1.05. Selling 560 articles yields 560 * 1.05 = 588. Profit = 588 - 450 = 138. Profit percentage = (138 / 450) * 100 = 30.66%, which is 30 2/3%.

Multiple choice
  1. 15 % profit

  2. 15 % loss

  3. 12 % profit

  4. 12 % loss

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let total pens = 400 (for easy math). 1/4 = 100 pens sold at 0% profit (0 profit). Remaining 300 pens sold at 20% profit. Total profit = 300 * 0.20 * CP = 60 * CP. Overall profit % = (60 * CP) / (400 * CP) = 60/400 = 15%.