Profit and Loss - Data Intensity 1 | Multiple Questions and Answers

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Profit and Loss - Data Intensity 1 Multiple Questions and Answers.

1.	A person purchases 90 clocks and sells 40 clocks at a gain of 10% and 50 clocks at a gain of 20%. If he sold all of them at a uniform profit of 15%, then he would have got Rs. 40 less. The cost price of each clock is:__?

	A.	Rs.50
	B.	Rs.60
	C.	Rs.80
	D.	Rs.90

2.	The cash difference between the selling prices of an article at a profit of 4% and 6% is Rs. 3. The ratio of the two selling prices is:___?

	A.	51:52:00
	B.	52:53:00
	C.	51:53:00
	D.	52:55:00

3.	If 5% more is gained by selling an article for Rs. 350 than by selling it for Rs. 340, the cost of the article is:__?

	A.	Rs. 50
	B.	Rs. 160
	C.	Rs. 200
	D.	Rs. 225

4.	A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is:__?

	A.	no profit, no loss
	B.	20% profit
	C.	less than 20% profit
	D.	more than 20% profit

5.	A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to retailer at a profit of 20%. The retailer in turn sells them to a customer for Rs. 30.09, there by earning a profit of 25%. The cost price for the manufacturer is:________?

	A.	Rs. 15
	B.	Rs. 16
	C.	Rs. 17
	D.	Rs. 18

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