Percentage - Percentage MCQ

11:

One merchant correctly calculates his percentage profit on the cost price; another wrongly calculates it on the selling price. The difference in actual profits if both claim to make 17 .5 % profit on goods sold at Rs.3760 is

 A. Rs.98 B. Rs.56 C. Rs.65 D. Cannot be determined Answer Report Discuss Option: A Explanation : CP of the merchant who calculates his % profit on CP = (3760/1.175) =Rs.3200 His profit = 0.175 x 3760 = Rs.560 Profit of the merchant who calculates his % profit on SP = 0.175 x 3760 = Rs.658 Difference in profit = 658 - 560 =Rs.98. Click on Discuss to view users comments. Write your comments here:
12:

A trader allows a discount of 5 percent to his customers. What price should he mark on a article the cost price of which is Rs. 800 so as to make clear profit of 25 percent on his outlay?

 A. Rs.1000 B. Rs.1053 C. Rs.1200 D. Rs.11233 Answer Report Discuss Option: B Explanation : Selling price = 800 x 1.25 =Rs. 1000 ∴ Marked price =  (1000/0.95) =1053 Rs. Click on Discuss to view users comments. Write your comments here:
13:

A sports goods shop owner has 6 packets of balls each containing the same number of balls. If he sells each ball at Rs. 8 he gains Rs.96. If there were 1 ball less in each packet and he sells each ball at Rs.9 then he gains Rs.90 in the transaction. The cost price of each packet of balls is

 A. Rs.36 B. Rs.48 C. Rs.64 D. Rs.52 Answer Report Discuss Option: B Explanation : Let there be n number of balls in each packet. ∴ 6n x 8 = CP + 96 ⇒48n = CP + 96  ------------ (i) Also, 6 (n - 1) x 9 = CP + 90 ⇒54n - 54 = CP + 90 54n = CP + 144 ------------(ii) Solving equations (i) and (ii), we get, n = 8 ∴ CP = 48 x 8 96 = 384 - 96 =  Rs.288 Each packet cost = Rs.48. Click on Discuss to view users comments. Write your comments here:
14:

A man travels from A to B to buy goods which he can get 10% cheaper in B than in A. If expenses of the journey are 15 and he makes a clear saving of 10, how much does he pay for the goods?

 A. Rs.225 B. Rs.200 C. Rs.150 D. Cannot be determined Answer Report Discuss Option: A Explanation : Let CP in A be Rs. x ∴ CP in B = Rs. 0.9x ∴ 0.9x + 15 + 10 = x ⇒0.1x = 25 ⇒x = 250 ∴Price in B = 250 x 0.9 = Rs.225 Click on Discuss to view users comments. Write your comments here:
15:

Three friends started a business of renting out air conditioners by investing Rs.20000, Rs. 24000 and Rs.216000, respectively. C gets 20% of total profit for repair and maintenance of the air conditioner. If in a particular year, C gets Rs.  487.50 less than total earnings of the other two, then total profit for the year is

 A. Rs.2812.50 B. Rs.3625.50 C. Rs.4515.00 D. None of these Answer Report Discuss Option: A Explanation : 80% of the total proit is divided in the ratio 20000: 24000: 16000 = 5 : 6 : 4 80% of total profit = 5x + 6x + 4x = 15x Total profit =(15x/80%)= 18.75x Share of C in profit = 4x + 20% of 18.75 = 4x + 3.75x = 7.75x ∴Share of A in proit = 5x Share of B in proit = 6x ∴(6z + 5x) - 7.75x = 487.50 ⇒3.25x = 487.50 ⇒x = 150 ∴Total profit = 18.75 x 150 = Z 2812.50. Click on Discuss to view users comments. Write your comments here:

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