Question : A shopkeeper buys two cameras at the same price. He sells one camera at a profit of 18% and the other at a price 10% less than the selling price of the first. His total profit or loss percentage is:
Option 1: 12.1% profit
Option 2: 12.1% loss
Option 3: 12.2% profit
Option 4: 11.1% loss
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Correct Answer: 12.1% profit
Solution : Given: A shopkeeper buys two cameras at the same price. He sells one camera at a profit of 18%. The other is at a price 10% less than the selling price (SP) of the first. Let the cost price (CP) of each camera be 100 units. SP of the first camera = 118 SP of the second camera = 90% of 118 = 106.2 Total CP = 100 + 100 = 200 Total SP = 118 + 106.2 = 224.2 Profit = 224.2 – 200 = 24.2 $\therefore$ Profit % = $\frac{24.2}{200}×100$ = 12.1% Hence, the correct answer is 12.1% profit.
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Question : A shopkeeper sells a table at a discount of 20 percent and earns a profit of 30 percent. If he sells the same table at a 10 percent discount, then what will be his new profit or loss percent?
Option 1: 32.5 percent profit
Option 2: 40.5 percent loss
Option 3: 46.25 percent profit
Option 4: 50.5 percent loss
Question : A trader sells an article at 20 percent profit. If he buys it at half of the cost price and sells at the same selling price as before, then what will be the profit percentage?
Option 1: 240 percent
Option 2: 40 percent
Option 3: 140 percent
Option 4: 60 percent
Question : A shopkeeper sells a table at a discount of 25% on the marked price and earns a profit of 80%. If he sells the same table at a 40% discount, then his new profit is:
Option 1: 31%
Option 2: 44%
Option 3: 33%
Option 4: 41%
Question : A shopkeeper sells a book at a loss of 40%. Had he sold the book for Rs. 120 more, then he would have suffered a loss of 10%. To earn a profit of 10%, what should be the selling price of the book?
Option 1: Rs. 400
Option 2: Rs. 440
Option 3: Rs. 500
Option 4: Rs. 650
Question : A shopkeeper earns 15% profit on his goods. He loses 10% of his goods during transportation. What is his overall profit loss percentage?
Option 1: Profit, 3.5%
Option 2: Profit, 5%
Option 3: Loss, 3.5%
Option 4: Loss, 5%
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