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Two third of a consignment was sold at a profit of 5% and the remainder at a loss of 2%.If the total profit was Rs 400, then the value of the consignment was? |

A) Rs 15000 B) Rs 15500 C) Rs 16000 D) Rs 16500 Correct Answer : Rs 15000 Explanation :let the total value be Rs x Now, (308x/300)-x=400 |

Kunal bought a suitcase with 15% discount on the labelled price. He sold the suitcase for Rs 2880 with 20% profit on the labelled price .At what price did he buy the suitcase? |

A) Rs 2040 B) Rs 2400 C) Rs 2600 D) Rs 2640 Correct Answer : Rs 2040 Explanation :let the labelled price be Rs x CP=85% of the 2400 |

A tradesman gives 4% discount on the marked price and gives an article free for buying every 15 articles and thus gains 35%.The marked price is above the cost price by? |

A) 20.00% B) 39.00% C) 40.00% D) 50.00% Correct Answer : 50.00% Explanation :Let the CP of each article be Rs 100 then CP of 16 articles=Rs (100*16)=Rs 1600 If SP is Rs 96, marked price =Rs 100 |

The price of a jewel, passing through three hands, rises on the whole by 65%.if the first and second sellers earned 20% and 25% profit respectively, find the percentage profit earned by the third seller? |

A) 20% B) 15% C) 10% D) 5% Correct Answer : 10% Explanation :let the original price of the jewel be Rs P |

When a producer allows 36% commission on the retail price of his product, he earns a profit of 8.8%. What would be his profit percent if the commission is reduced by 24%? |

A) 50.6% B) 60.5% C) 49.6% D) 38.8% Correct Answer : 49.6% Explanation :let retail price =Rs 100 ,and commission=Rs 36 new commission, (36-12)=Rs 12 then Gain=88-(1000/17)=496/17 |

A man buys an article for Rs 27.50 and sells it for Rs 28.60. Find the gain percent? |

A) 1% B) 2% C) 3% D) 4% Correct Answer : 4% Explanation :C.P=Rs 27.50 Gain%=(Gain*100)/C.P% |

If a radio is purchased for Rs 490 and sold for Rs 465.50. Find the loss%? |

A) 4% B) 4.25% C) 4.5% D) 5% Correct Answer : 5% Explanation :C.P=Rs 490 |

Find S.P when C.P=Rs 56.25 and Gain=20%? |

A) Rs 47.25 B) Rs 67.50 C) Rs 51.5 D) Rs 35 Correct Answer : Rs 67.50 Explanation :S.P=[(100+gain%)/100]*C.P |

Find S.P when C.P=Rs 80.40, loss=5%? |

A) Rs 68.34 B) Rs 58.3 C) Rs 48.44 D) Rs 39 Correct Answer : Rs 68.34 Explanation :S.P=[(100-loss%)/100]*C.P |

Find C.P when S.P=Rs 40.60, Gain=16%? |

A) Rs 35 B) Rs 50 C) Rs 75 D) Rs 89 Correct Answer : Rs 35 Explanation :C.P=(100*S.P)/(100+gain%) |

Find C.P when S.P=Rs 51.70 ,Loss=12%? |

A) Rs 58.75 B) Rs 62.25 C) Rs 65 D) Rs 69.27 Correct Answer : Rs 58.75 Explanation :C.P=(100*S.P)/(100-loss%) |

A person incurs 5% loss by selling a watch for Rs 1140 . At what price should the watch be sold to earn 5% profit? |

A) Rs 1200 B) Rs 1230 C) Rs 1260 D) Rs 1290 Correct Answer : Rs 1260 Explanation :Let the new S.P be Rs x then, |

If the cost price is 96% of the selling price,then what is the profit percent? |

A) 3.13% B) 5.26% C) 4.17% D) 5.89% Correct Answer : 4.17% Explanation :let S.P=Rs 100 |

A discount dealer professes to sell his goods at cost price but uses a weight of 960 gms for a Kg weight .Find his gain %? |

A) 5/6% B) 13/2% C) 21/2% D) 25/6% Correct Answer : 25/6% Explanation :Gain%=[(error*100)/(true value-error)]% |

A man sold two flats for Rs 675,958 each .On one he gains 16% while on the other he loses 16%.How much does he gain or lose in the whole transaction? |

A) 2.56% Loss B) 2.65% Loss C) 2.65% Gain D) 2.56% Gain Correct Answer : 2.56% Loss Explanation :Remember : In such a case , there is always a loss . |

A man sold two cows at Rs 1995 each. On one he lost 10% and on the other he gained 10%. What his gain or loss percent? |

A) 4% Loss B) 3% Loss C) 2% Gain D) 1% Gain Correct Answer : 1% Loss Explanation :Remember : In such a case , there is always a loss . |