Tag: profit-loss

Questions Related to profit-loss

Dolly buys some laptop from a wholesaler for Rs. 10000 and spends Rs. 2000 on its transportation's, Rs. 1400 for delivery charges and Rs. 1300 for load man etc. Find the overhead charges spent by Dolly.

maths profit-loss overhead expenses introduction to total cost price of the article profit and loss with overhead expenses

  1. 3300

  2. 4700

  3. 2000

  4. 5000

Show answer
Correct Option: B
Explanation:

Overhead charges spent by Dolly =  transportation + delivery charges + load man charges
Overhead charges spent by Dolly = $2000 + 1400 + 1300 = Rs. 4700$

Ann bought a new car for Rs. 150000 and spent Rs. 4000 for registration and transportation for Rs. 2000. What is the total amount she spent including the overhead charges?

maths profit-loss overhead expenses introduction to total cost price of the article profit and loss with overhead expenses

  1. 156000

  2. 234000

  3. 341900

  4. 44100

Show answer
Correct Option: A
Explanation:

Total amount spent by Ann = Cost price + overhead expenses
= $150000 + 4000 + 2000 = Rs. 156000$

Mike buys some electronic goods from a wholesaler for Rs. 650 and spends Rs. 200 on its transportation's, etc. If he sells these electronic goods for Rs. 900; find the overhead expenses spent by Mike. and find profit.

maths profit-loss overhead expenses introduction to total cost price of the article profit and loss with overhead expenses

  1. Rs.650,  Rs. 50

  2. Rs. 900, Rs. 150

  3. Rs. 200,  Rs.50

  4. Rs .850 , Rs.100

Show answer
Correct Option: C
Explanation:

The overhead charges become a part of the cost price.
So, Rs. 200 is a overhead expenses spent by Mike.

Total CP = Rs. 650+ Rs. 200 = Rs 850
SP > CP

hence Profit =  SP - CP =  900 - 850 = Rs.  50

The amount spent on repairs, labour charges and transportation etc expenses are called as

maths profit-loss overhead expenses introduction to total cost price of the article profit and loss with overhead expenses

  1. overhead expenses

  2. underneath expenses

  3. beneath expenses

  4. fixed expenses

Show answer
Correct Option: A
Explanation:

The amount spent on repairs, labor charges and transportation etc. expenses are called as overhead expenses.

A person bought a shirt at a certain price and paid the same price for the trouser. If the trouser had cost rupees twenty less and the shirt $Rs.15$ more, the price of the trouser would have only half that of the shirt. Find the cost of shirt.

maths profit-loss overhead expenses introduction to total cost price of the article profit and loss with overhead expenses

  1. $Rs.60$

  2. $Rs.45$

  3. $Rs.55$

  4. $Rs.50$

Show answer
Correct Option: C
Explanation:

Let the price of the shirt and trouser be Rs. $ x $.
As per the statement, " If the trouser had cost rupees twenty less and the shirt Rs. $15$ more, the price of the trouser would have only half that of the shirt " => $ x-20 = \frac {x+15}{2} $
$ => 2x-40 = x  +15 $
$ x = 55 $
Cost of the shirt $ = Rs  55 $.