Profit, Loss and Discount Questions

Multiple choice
  1. Rs. 1500

  2. Rs. 1800

  3. Rs. 2000

  4. Rs. 2200

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

Let SP be S. Anshu's profit is 0.25S. Rinku's profit is 0.25 * (Cost Price). Since Rinku's profit is 25% of CP, CP = S/1.25 = 0.8S. Rinku's profit is 0.25 * 0.8S = 0.2S. The difference is 0.25S - 0.2S = 0.05S = 100, so S = 2000.

Multiple choice
  1. 16.66%

  2. 14.28%

  3. 40%

  4. Cannot be determined

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

Let Cost = 100. Profit = 40, so Selling Price = 140. New Cost = 120. Selling Price remains 140. New Profit = 140 - 120 = 20. Profit as percentage of selling price = (20 / 140) * 100 = 100/7 = 14.28%.