Question : A man bought 30 mangoes for a rupee. How many mangoes had he sold for a rupee so that there is a loss of 40 percent?
Option 1: 50
Option 2: 40
Option 3: 45
Option 4: 60
Don't Miss: Month-wise Current Affairs | Upcoming Government Exams
Correct Answer: 50
Solution : Given: A man bought 30 mangoes for a rupee. The cost price for one mango = $\frac{1}{30}$ Loss percentage = $\frac{\text{Cost price– Selling price }}{\text{Cost price}}×100$ Let the cost price be $100x$. There is a loss of 40%. Then, the selling price $=(100-40)x=60x$. According to the question, $100x=\frac{1}{30}$ ⇒ $x=\frac{1}{3000}$ ⇒ $60x=60\times\frac{1}{3000}=\frac{1}{50}$ The mangoes he sold for a rupee at 40% loss is 50. Hence, the correct answer is 50.
Answer Key | Cutoff | Selection Process | Preparation Tips | Eligibility | Application | Exam Pattern
Question : A man buys 21 mangoes for a rupee. How many mangoes had he sold for a rupee so that there is a loss of 30%?
Option 1: 30
Option 3: 35
Option 4: 25
Question : A vendor bought 12 oranges for Rs. 50 and sold them at 12 for Rs. 30. Find the loss percentage.
Option 1: 30%
Option 2: 25%
Option 3: 40%
Option 4: 45%
Question : A person bought some pens at the rate of 14 for a rupee and sold them at the rate of 10 for a rupee. What is the profit percentage?
Option 2: 50%
Option 3: 45%
Option 4: 40%
Question : A man bought two flats for INR 60,75,000 each. He sold one flat at a 10% gain and another at a 15% loss. How much percent does he gain or lose on the whole?
Option 1: 5% loss
Option 2: 5% gain
Option 3: 2.5% loss
Option 4: 3% gain
Question : A businessman bought an article and sold it at a loss of 5%. If he had bought it for 10% less and sold it for Rs. 33 more, he would have had a profit of 30%. The cost price of the article is:
Option 1: Rs. 330
Option 2: Rs. 155
Option 3: Rs. 150
Option 4: Rs. 300
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile