Question : Akash bought an old phone for INR 3,450 and spent INR 450 on its repair. He sold it for INR 5,070. His profit percentage is:
Option 1: 40%
Option 2: 20%
Option 3: 10%
Option 4: 30%
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Correct Answer: 30%
Solution : Total amount he paid = INR 3,450 + INR 450 = INR 3,900 He sold it for INR 5,070. $\therefore$ Profit Percentage = $\frac{5070 - 3900}{3900}\times 100 = 30$% Hence, the correct answer is 30%.
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Question : The marked price of the cupboard is INR 15,750, which is 50% above its cost price. It is sold at a discount of 40%. What is the profit/loss percentage?
Option 1: Profit, 10%
Option 2: Loss, 10%
Option 3: Loss, 20%
Option 4: Profit, 20%
Question : A person bought two goods for INR 19,500. He sold one at a loss of 20% and the other at a profit of 15%. If the selling price of each good is the same, find the cost price of goods sold at profit.
Option 1: INR 11,475
Option 2: INR 9,750
Option 3: INR 11,500
Option 4: INR 8,000
Question : Akash sold a motorcycle to Navin at a profit of 10%. Navin sold it to Vinay at a profit of 20%. Vinay sold it to Vishal at a loss of 5%. If Vishal paid INR 62,700 for the motorcycle, then what was the cost of the motorcycle (in INR ) for Akash?
Option 1: 48,000
Option 2: 48,500
Option 3: 52,500
Option 4: 50,000
Question : A shopkeeper sells a table at a discount of 20% and earns a profit of 60%. If he sells the same table at a 40% discount, then what will be his new profit percentage?
Option 1: 20
Option 2: 30
Option 3: 35
Option 4: 40
Question : A dealer sells two machines at the rate of Rs. 15000 per machine. On one he earns a profit of 20 percent and on the other, he loses 40 percent. What is his profit/loss percentage in the whole transaction?
Option 1: 20 percent loss
Option 2: 10 percent loss
Option 3: 10 percent profit
Option 4: 20 percent profit
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