Question : A shopkeeper buys 144 items at 90 paise each. On the way, 20 items were broken. He sells the rest at Rs. 1.20 each. His gain percentage (correct to one place of decimal) is:
Option 1: 13.8%
Option 2: 14.6%
Option 3: 14.8%
Option 4: 15.8%
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Correct Answer: 14.8%
Solution : Given: Ashok bought 144 items at 90 paise each and 20 items broke. He sells the rest at Rs. 1.20 each. We know, Profit percentage = $\frac{\text{Selling price – Cost price}}{\text{Cost price}}$ × 100 20 items are broken out of 144 items. Cost price of 144 items = $\frac{144 × 90}{100}$ = Rs. 129.6 Total selling price = 1.20 × 124 = Rs. 148.8 Gain = 148.8 – 129.6 = Rs. 19.2 Gain percentage = $\frac{19.2}{129.6}$ × 100 = 14.8% Hence, the correct answer is 14.8%.
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Question : A man sells two cows for Rs. 15,640 each, gaining 15% on one and losing 15% on the other. Find his total gain or loss.
Option 1: Rs. 720 loss
Option 2: Rs. 360 loss
Option 3: Rs. 720 gain
Option 4: Rs. 360 gain
Question : A man buys a machine for Rs. 5,000. After one year, he sells it for Rs. 6000. After two years, again he buys the same machine at Rs. 8,000 and sells it for Rs. 10,000. Find his overall profit percentage for both transactions.
Option 1: 20.23%
Option 2: 23.08%
Option 3: 18.75%
Option 4: 15.23%
Question : A shopkeeper sells his goods at an 18% discount and still earns a 30% profit. If he sells his goods at a 12% discount on the marked price, then what will be his profit percentage (correct to 2 decimal places)?
Option 1: 42.62%
Option 2: 35.45%
Option 3: 40.35%
Option 4: 39.51%
Question : A manufacturer sells an article to a wholesale dealer at a profit of 10%. The wholesale dealer sells it to a shopkeeper at 20% profit. The shopkeeper sells it to a customer for Rs. 56,100 at a loss of 15%. Then the cost price of the article to the manufacturer is:
Option 1: Rs. 25,000
Option 2: Rs. 10,000
Option 3: Rs. 50,000
Option 4: Rs. 55,000
Question : A man sells two articles at Rs. 9,975 each. He gains 5% on one article and loses 5% on the other. Find his overall gain or loss.
Option 1: Loss Rs. 60
Option 2: Profit Rs. 50
Option 3: Profit Rs. 60
Option 4: Loss Rs. 50
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