Profit and Loss
- A man buys two hens for Rs. 500 each. He sod one for 15% profit and other for 5% loss. Find his profit percentage ?
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SP. of first hen = (115/100) x 500 = Rs. 575
SP of second hen = (95/100) x 500 = Rs. 475
Total SP = 575 + 475 = Rs. 1050
Total CP = 2 x 500 = Rs. 1000
Gain = SP - CP = (1050 - 1000) = Rs. 50Correct Option: A
SP. of first hen = (115/100) x 500 = Rs. 575
SP of second hen = (95/100) x 500 = Rs. 475
Total SP = 575 + 475 = Rs. 1050
Total CP = 2 x 500 = Rs. 1000
Gain = SP - CP = (1050 - 1000) = Rs. 50
Gain percentage = (50/1000) x 100 = 5%
- Ram bought 800 eggs at Rs. 3.75 each per dozen. He sold 450 of them at 2 for Rs. 1 and remaining at 5 for Rs. 2. His gain % is ?
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Total CP = (3.75/12) x 800 = (375/1200) x 800 = Rs. 250
Total SP = (1/2) x 450 + (2/5) x 350 = 225 + 140 = Rs. 365Correct Option: B
Total CP = (3.75/12) x 800 = (375/1200) x 800 = Rs. 250
Total SP = (1/2) x 450 + (2/5) x 350 = 225 + 140 = Rs. 365
Gain = 365 - 250 = Rs. 115
Gain percentage = (115/250) x 100% = 46%
- If the cost price of 12 pencils is equal to sale price of 10 pencils, then find the gain or loss as a percentage of the sell price ?
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CP of 12 pencils = Rs. 12
∴ SP of 10 pencils = Rs.12
⇒ SP of 12 Pencils = (12/10) x 12 = Rs.14.40Correct Option: A
CP of 12 pencils = Rs. 12
∴ SP of 10 pencils = Rs.12
⇒ SP of 12 Pencils = (12/10) x 12 = Rs.14.40
∴ Gain per cent = {(14.40 - 12)/12} x 100 = 20%
- A property dealer sells a house for Rs. 630000 and in the bargain makes a profit of 5% . Had he sold it for Rs. 500000, then what percentage of loss or gain he would have made ?
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SP = Rs. 63000, Profit = 5%
∴ CP =Rs. (100/105) x 63000 = Rs. 600000Correct Option: D
SP = Rs. 63000, Profit = 5%
∴ CP =Rs. (100/105) x 63000 = Rs. 600000
If SP would have been Rs. 500000, then there would have been a loss of 162/3% .
- A man sold two books at Rs. 24 each, on one he got a profit of 20% and on other, he lost 20% . On the whole, he ?
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SP of first book = Rs. 24, gain = 20%
CP of first book = (100/120) x 24 = Rs. 20
SP of second book = Rs. 24, loss = 20%
CP of second book = (100/80) x 24 = Rs. 30
Total CP = (20 + 30) = 50
Total SP = (24 x 2) = Rs. 48Correct Option: C
SP of first book = Rs. 24, gain = 20%
CP of first book = (100/120) x 24 = Rs. 20
SP of second book = Rs. 24, loss = 20%
CP of second book = (100/80) x 24 = Rs. 30
Total CP = (20 + 30) = 50
Total SP = (24 x 2) = Rs. 48
Loss = (50 - 48) = Rs. 2
So, on the whole, there is a loss of Rs. 2
