Question : A sold an item to B at a 20% gain, and B sold it to C at an 8% gain. C sold it to D at a 25% loss. If the difference between the profits of A and B is INR 260, then D bought it for:
Option 1: INR 2,268
Option 2: INR 2,430
Option 3: INR 2,200
Option 4: INR 2,480
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Correct Answer: INR 2,430
Solution : Let the cost price be 100$x$. Cost price of B = Selling price of A = $100x × \frac{120}{100} = 120x$ Profit of A $= 120x - 100x = 20x$ Cost price of C = Selling price of B = $120x × \frac{108}{100} = 129.6x$ So, Profit of B $= 129.6x - 120x = 9.6x$ Difference of profits of A and B $= 20x - 9.6x$ ⇒ $260 = 10.4x$ ⇒ $x= 25$ Cost price of D = Selling price of C $=129.6x × \frac{75}{100} = 97.2x = 97.2 × 25 =$ INR $2430$ Hence, the correct answer is INR 2430.
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Question : A table was bought for INR 3,000 and sold for INR 3,200. Find the gain or loss in terms of money.
Option 1: Gain INR 200
Option 2: Loss INR 200
Option 3: Gain INR 100
Option 4: Loss INR 150
Question : Ram sold an item costing INR 1,250 at a gain of 18% to Ramesh. It was again sold by Ramesh to Shyam at a loss of 10%. Find the selling price of Ramesh.
Option 1: INR 1,328.50
Option 2: INR 1,428.50
Option 3: INR 1,427.50
Option 4: INR 1,327.50
Question : By selling a watch for INR 2,000, a shopkeeper loses 20%. How much would he gain or lose by selling it for INR 3,000?
Option 1: 20% gain
Option 2: 25% gain
Option 3: 15% loss
Option 4: 25% loss
Question : A shopkeeper bought a cycle for INR 1,200 and sold it for INR 1,500. Find his profit/loss percentage.
Option 1: 3% profit
Option 2: 15% profit
Option 3: 30% loss
Option 4: 25% profit
Question : Mona purchased two sets of jewellery for INR 4,000 each. She sold these sets of jewellery, gaining 8% on one and losing 6% on the other. Calculate her total loss or gain in this whole transaction.
Option 1: INR 120 gain
Option 2: INR 80 gain
Option 3: INR 80 loss
Option 4: INR 120 loss
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