Question : A person bought some pens at the rate of 30 for a rupee and sold them at the rate of 20 for a rupee. What is the profit percentage?
Option 1: 50%
Option 2: 66.66%
Option 3: 75%
Option 4: 33.33%
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Correct Answer: 50%
Solution : Cost price of 30 pens = INR 1 Cost price of 1 pen = $\frac{1}{30}$ Selling price of 20 pens = INR 1 Selling price of 1 pen = $\frac{1}{20}$ Profit percentage = $\frac{\frac{1}{20}-\frac{1}{30}}{\frac{1}{30}}$×100 = $\frac{1}{2}$×100 = 50% Hence, the correct answer is 50%.
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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 1: 30%
Option 2: 50%
Option 3: 45%
Option 4: 40%
Question : A person bought some pens at the rate of 25 for a rupee and sold them at the rate of 20 for the rupee. What is the profit percentage?
Option 1: 30 percent
Option 2: 10 percent
Option 3: 25 percent
Option 4: 15 percent
Question : A vendor bought 12 oranges for Rs. 50 and sold them at 12 for Rs. 30. Find the loss percentage.
Option 2: 25%
Option 3: 40%
Option 4: 45%
Question : Vyom purchased 40 dozen pens at the rate of Rs. 56 per dozen. He sold 15 dozen at a 20% profit and the remaining 25 dozen at a 10% profit. What is his profit percentage?
Option 1: 12.5%
Option 2: 16.66%
Option 3: 11.25%
Option 4: 13.75%
Question : Prakash bought 2 items, paying the same price for each of them. He sold one item at a profit of 20% and the other item at a profit of 25%. What is the overall percentage profit he made?
Option 1: 37.5%
Option 2: 24.5%
Option 3: 16.5%
Option 4: 22.5%
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