728by90ad 
 
    
 
				Profit and Loss-Data Intensity 1 Multiple Questions and Answers.		 
		           
         
        
		   
		       Exercise Questions ::
		       Profit and Loss  
 
6. The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?  
		 
		A.  Rs. 2000 B.  Rs. 2200 C.  Rs. 2400 D.  None of Above 
    View Answer  
     Discuss forum   
     Workplace    
      Report   
     
   
		
		    
			   Answer:   Option  A  
			  
		    
Explanation:  
			 
		    
		 
			  Let C.P. be Rs. x .
Then, 
1920 - x  
x 100 = 
x  - 1280 
x 100 
 
x  
x  
 
 
=> 1920 - x  = x  - 1280
=>  2x  = 3200
=>  x  = 1600
∴ Required S.P. = 125% of Rs. 1600 = Rs. 
( 
125 
x 1600 
) 
= Rs 2000. 
 
 
  
			 See More Information  
		     
			  Tutorial Link: 
			 
		
			Published by:Michael Daani  
		 7. A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?  
		 
		A.  Rs. 18.20 B.  Rs. 70 C.  Rs. 72 D.  Rs. 88.25 
    View Answer  
     Discuss forum   
     Workplace    
      Report   
     
   
		
		    
			   Answer:   Option  C  
			  
		    
Explanation:  
			 
		    
		 
			  
C.P. = Rs. 
( 
100 
x 392 
) 
= Rs. 
( 
1000 
x 392 
)> 
= Rs. 320 
 
122.5 
1225 
 
 
∴ Profit = Rs. (392 - 320) = Rs. 72.
  
			 See More Information  
		     
			  Tutorial Link: 
			 
		
			Published by:Michael Daani  
		 
		
		    
			   Answer:   Option  C  
			  
		    
Explanation:  
			 
		    
		 
			  
S.P. = 85% of Rs. 1400 = Rs. 
( 
85 
x 1400 
) 
= Rs. 1190 
 
100 
 
 
  
			 See More Information  
		     
			  Tutorial Link: 
			 
		
			Published by:Michael Daani  
		 9. Sam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?  
		 
		A.  3.5 B.  4.5 C.  5.6 D.  6.5 
    View Answer  
     Discuss forum   
     Workplace    
      Report   
     
   
		
		    
			   Answer:   Option  C  
			  
		    
Explanation:  
			 
		    
		 
			  
Cost Price of 1 toy = Rs. 
( 
375 
) 
= Rs. 31.25 
 
12 
 
 
Selling Price of 1 toy = Rs. 33
So, Gain = Rs. (33 - 31.25) = Rs. 1.75
∴ Profit % = 
( 
1.75 
x 100 
)% 
= 
28 
% = 5.6% 
 
31.25 
5 
 
 
  
			 See More Information  
		     
			  Tutorial Link: 
			 
		
			Published by:Michael Daani  
		 
		
		    
			   Answer:   Option  D  
			  
		    
Explanation:  
			 
		    
		 
			  Suppose, number of articles bought = L.C.M. of 6 and 5 = 30.
C.P. of 30 articles = Rs. 
( 
5 
x 30 
) 
= Rs. 25. 
 
6 
 
 
S.P. of 30 articles = Rs. 
( 
6 
x 30 
) 
= Rs. 36. 
 
5 
 
 
∴ Gain % = 
( 
11 
x 100 
)% = 44%. 
 
25 
 
 
  
			 See More Information  
		     
			  Tutorial Link: 
			 
		
			Published by:Michael Daani  
		  
	    
« »