Profit, Loss and Discount Questions

Multiple choice
  1. 84% profit

  2. 97% loss

  3. 100% loss

  4. 157% profit

  5. na

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

Cost of 12 eggs = 7. Cost of 1 egg = 7/12. Selling price of 6 eggs = 9. Selling price of 1 egg = 9/6 = 1.5. Profit = 1.5 - 7/12 = (18-7)/12 = 11/12. Profit % = (Profit / Cost) * 100 = (11/12) / (7/12) * 100 = 11/7 * 100 = 157.14%.

Multiple choice
  1. Rs. 4800

  2. Rs. 5500

  3. Rs. 6000

  4. Rs. 5000

  5. Rs. 4320

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

Let the marked price be x. After a 10% discount, the price is 0.9x. After a further 6% discount on that, the price is 0.9x * 0.94 = 0.846x. Setting 0.846x = 4230 gives x = 4230 / 0.846 = 5000.

Multiple choice
  1. 35% loss

  2. 43.6% gain

  3. 48.25% loss

  4. 40% gain

  5. 25% loss

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

Let the cost price of 1 kg be 100. Selling price for 1 kg is 115. However, the tradesman only sells 0.8 kg for 115. The cost of 0.8 kg is 80. Profit = 115 - 80 = 35. Profit percentage = (35 / 80) * 100 = 43.75%. The closest option is 43.6%.