Mathematical Aptitude - Profit and Loss

11. The cost price of an article is Rs 4800. It is to be sold at a profit of 6.25 per cent. How much should be its selling price?

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12. A trader sells an article at a profit of 20%. Had he bought it at 10% more and sold it for Rs 700 more, he would have earned a profit of 25%. Find the cost price of the goods.

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13. The cost of an article is Rs 5000. The marked price is Rs 8000. What is the profit % for the seller if he sells and offers a discount of 10% on the marked price?

  • Option : D
  • Explanation : SP = 90% of 8000 = Rs 7200
    Profit = 7200 – 5000 = Rs 2200
    Profit percentage = 2200/5000 × 100 = 44%
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14. The cost price of 100 pencils is equal to the selling price of 60 pencils. The gain percentage or loss percentage is

  • Option : B
  • Explanation : Let CP = SP = Rs 100.
    CP of 100 pencils = Rs 100
    CP of 1 pencil = 100/100 = Rs 1
    SP of 60 pencils = Rs 100
    SP of 1 pencil = `100/60 = Rs 5/3
    Profit = 5/3 – 1 = 2/3
    Profit percentage = 2/3/1 × 100 = 66 2/3%
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15. Arvind deals in carpets. He allows 4% discount on the marked price. What price must be marked on a carpet that cost Rs 480 so as to make a profit of 10%?

  • Option : B
  • Explanation : SP = 480 + 10% of 480 = Rs 528
    Let Marked price = M
    Now 96% of M = 528, So M = Rs 550
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