Question : By selling 55 metres of cloth, one gains the selling price of 11 metres. Find the gain percent.
Option 1: 33%
Option 2: 15%
Option 3: 25%
Option 4: 23%
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Correct Answer: 25%
Solution : We know, Profit = Selling Price – Cost Price ⇒ 55 SP – 55 CP = 11 SP where SP = Selling Price and CP = Cost Price ⇒ 44 SP = 55 CP Now, let the cost price be Re. 1. ⇒ CP of 44 meter of cloth = Rs. 44 and SP of 44 meter of cloth = Rs. 55 ⇒ Profit percentage = $\frac{\text{Selling price – Cost price}}{\text{Cost price}}×100$ = $\frac{55-44}{44}\times100= 25$% Hence, the correct answer is 25%.
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Question : By selling 50 items, a shopkeeper gains the selling price of 10 items. What is his gain percentage?
Option 1: 10%
Option 4: 40%
Question : By selling 35 articles, a shopkeeper gains the selling price of 15 articles. Find his gain percentage.
Option 1: 88%
Option 2: 40%
Option 3: 75%
Option 4: 60%
Question : By selling 100 notebooks, a shopkeeper gains the selling price of 20 notebooks. What is his gain percentage?
Option 1: 62.4%
Option 2: 22.5%
Option 3: 50.4%
Option 4: 25%
Question : LCM of $\frac{5}{33},\frac{25}{11},\frac{20}{55},$ and $\frac{15}{77}$ is:
Option 1: $\frac{300}{11}$
Option 2: $\frac{300}{77}$
Option 3: $\frac{25}{33}$
Option 4: $\frac{500}{11}$
Question : If 2 times of selling price is equal to 3 times of cost price, then what is the profit percentage?
Option 1: 4 percent
Option 2: 40 percent
Option 3: 25 percent
Option 4: 50 percent
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