Profit and Loss
- A sells a cycle to B at a profit of 10%, B sells to C at a profit of 20%. If C pays $ 264 for it, how much did A pay for it?
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Let the C.P. of A be $ y, then
y × 110 × 120 = 264 100 100 ⇒ y = 264 × 100 × 100 = $ 200 110 × 120
We can find required answer with the help of given formula :
Here, r1 = 10%, r2 = 20%
Correct Option: A
Let the C.P. of A be $ y, then
y × 110 × 120 = 264 100 100 ⇒ y = 264 × 100 × 100 = $ 200 110 × 120
We can find required answer with the help of given formula :
Here, r1 = 10%, r2 = 20%C.P. for A = 264 × 100 × 100 = $ 200 110 × 120
- A shopkeeper purchases two items for Rs. 520. One of them is sold gaining 16% and the other at a loss of 10%, thus making no profit or loss. What is the selling price of the item sold at loss?
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Given that , C.P. of two articles = Rs. 520
Suppose C.P. of article sold at loss = Rs. y.
∴ C.P. of article sold at profit = Rs. (520 – y)
According to the question,y × 10 = (520 – y) × 16 100 100
⇒ 5y = 520 × 8 – 8y
⇒ 13y = 520 × 8⇒ y = 520 × 8 = Rs. 320 13
Correct Option: A
Given that , C.P. of two articles = Rs. 520
Suppose C.P. of article sold at loss = Rs. y.
∴ C.P. of article sold at profit = Rs. (520 – y)
According to the question,y × 10 = (520 – y) × 16 100 100
⇒ 5y = 520 × 8 – 8y
⇒ 13y = 520 × 8⇒ y = 520 × 8 = Rs. 320 13
On 10% loss ,∴ Its S.P. = 320 × 90 = Rs. 288 100
- A sold a tape-recorder to B for $ 4,860 at a loss of 19%. Again B sold it to C at a price that would give A a profit of 17%. The gain% of B is
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Given that , S.P. of tape recorder for A = $ 4,860
C.P. of tape recorder for A = 4860 × 100 = 4860 × 100 = $ 6000 (100 - 19) 81 ∴ S.P. for B = 6000 × 117 = $ 7020 100
∴ B’s gain = 7020 – 4860 = $ 2160
Correct Option: C
Given that , S.P. of tape recorder for A = $ 4,860
C.P. of tape recorder for A = 4860 × 100 = 4860 × 100 = $ 6000 (100 - 19) 81 ∴ S.P. for B = 6000 × 117 = $ 7020 100
∴ B’s gain = 7020 – 4860 = $ 2160∴ Required profit percent = 2160 × 100 = 44 4 % 4860 9
- A piece of land came to a person through three middlemen each gaining 20%. If the person purchased the land for $ 3,45,600 the original cost of the land was
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Let the original cost of the land be $ p.
According to the question,Correct Option: D
Let the original cost of the land be $ p.
According to the question,⇒ p = 462 × 100 × 100 = $ 400 110 × 105
- A sells an article to B at a gain of 10%, B sells it to C at a gain of 5%. If C pays $ 462 for it, what did it cost to A?
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View Hint View Answer Discuss in Forum
Let the C.P. for A be $ y, then
From the question ,y × 110 × 105 = $ 462 100 100 ⇒ y = 462 × 100 × 100 = $ 400 110 × 105
Using the given formula :
Here, r1 = 10%, r2 = 5%C.P. for C = C.P. for A 462 = C.P. for A
Correct Option: D
Let the C.P. for A be $ y, then
From the question ,y × 110 × 105 = $ 462 100 100 ⇒ y = 462 × 100 × 100 = $ 400 110 × 105
Using the given formula :
Here, r1 = 10%, r2 = 5%C.P. for C = C.P. for A 462 = C.P. for A C.P. for A = 462 × 100 × 100 = $ 400 110 × 105