Profit, Loss and Discount Questions

Multiple choice
  1. Loss of Rs. $210$
  2. Loss of Rs. $250$
  3. Loss of Rs. $355$
  4. Gain of Rs. $220$
Reveal answer Fill a bubble to check yourself
C Correct answer
Multiple choice
  1. $13.4$
  2. $14$
  3. $17$
  4. $16.4$
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let Cost = 100. MRP = 155. Retailer buys at 155, sells at 155 * 1.23 = 190.65. Retailer gives 10 percent discount on MRP, so selling price = 155 * 0.9 = 139.5. This is inconsistent with the 23 percent profit claim. Assuming the question asks for manufacturer profit: Manufacturer sells to retailer at 155 * 0.9 = 139.5. Profit = 39.5 percent. Given the options, 13.4 percent is likely derived from a different interpretation of the chain.

Multiple choice
  1. $8\%$
  2. $-3.8\%$
  3. $33.33\%$
  4. None of the above.

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

Let label price be L and marked price be M. Cost price C = 0.81L. Selling price S = 0.9M. Profit = 20%, so S = 1.2C = 1.2 * 0.81L = 0.972L. Thus 0.9M = 0.972L, meaning M = 1.08L. The marked price is 8% greater than the label price.

Multiple choice
  1. $10000, 20000$
  2. $15000, 15000$
  3. $17500, 12500$
  4. $17000, 12500$
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let CP1 = x, CP2 = 30000 - x. SP1 = 0.85x, SP2 = 1.19(30000 - x). Since SP1 = SP2, 0.85x = 35700 - 1.19x. 2.04x = 35700. x = 17500. The other CP is 12500.

Multiple choice
  1. 2.25% loss

  2. 2.25% profit

  3. 22.5% loss

  4. 22.5% profit

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

When two items are sold at the same price with the same percentage of profit and loss, the overall result is always a loss. The formula for this loss percentage is (common percentage/10)^2, which is (15/10)^2 = 1.5^2 = 2.25%.

Multiple choice
  1. Rs. $1,500$
  2. Rs. $1,600$
  3. Rs. $1,700$
  4. Rs. $1,800$
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The selling price after a 12% discount on the marked price of Rs. 2,250 is 2,250 * 0.88 = Rs. 1,980. Since the dealer makes a 10% profit, this selling price is equal to 110% of the cost price. Therefore, the cost price is 1,980 / 1.1 = Rs. 1,800.

Multiple choice
  1. $Rs.40000\times \displaystyle\frac{100}{120}$
  2. $Rs.40000\times \displaystyle\frac{120}{100}$
  3. $Rs.40000\times \displaystyle\frac{80}{100}$
  4. $Rs.40000\times \displaystyle\frac{100}{80}$
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Selling Price = Cost Price * (1 + Profit%). 40000 = CP * 1.20. CP = 40000 / 1.20 = 40000 * (100/120).

Multiple choice
  1. 90,000

  2. 60,000

  3. 72,000

  4. 75,000

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

Cost price = 30. Invoice price = 30 * 1.2 = 36. 4/5 of 2000 = 1600 pieces sold. Agent's cost = 1600 * 36 = 57600. Profit margin 25% on cost = 57600 * 1.25 = 72000.