Question : By selling a table for Rs. 1140, a man loses 5%. In order to gain 5%, the table must be sold for ?
Option 1: Rs. 1260
Option 2: Rs. 1320
Option 3: Rs. 1180
Option 4: Rs. 1250
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Correct Answer: Rs. 1260
Solution : Here CP denotes cost price and SP denotes selling price. CP = SP$(\frac{100}{100-Loss\%})$ ⇒ CP = 1140$(\frac{100}{100-5})$ ⇒ CP = 1140$(\frac{100}{95})$ ⇒ CP = Rs. 1200 Also, SP = CP$(\frac{100+Profit\%}{100})$ ⇒ SP = 1200$(\frac{100+5}{100})$ ⇒ SP = 1200$(\frac{105}{100})$ ⇒ SP = Rs. 1260 Hence, the correct answer is Rs. 1260.
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Question : By selling a fan for Rs. 600, a man loses 10%. To make a gain of 20%, the selling price of the fan should be:
Option 1: Rs. 900
Option 2: Rs. 1000
Option 3: Rs. 700
Option 4: Rs. 800
Question : The profit percentage earned by selling a centre table for Rs. 13440 is equal to the loss percentage made by selling the same centre table for Rs. 10560. At what price should the article be sold to make a 20% profit?
Option 1: Rs. 12000
Option 2: Rs. 24000
Option 3: Rs. 14400
Option 4: Rs. 18000
Question : After selling the article for Rs. 430, a person had a loss of 14%. For earning a gain of 14% how much amount an article will be sold?
Option 1: Rs. 480
Option 2: Rs. 490
Option 3: Rs. 570
Option 4: Rs. 600
Question : A table is bought for Rs. 2450 and sold for Rs. 2940. The gain percentage is:
Option 1: 22%
Option 2: 10%
Option 3: 20%
Option 4: 12%
Question : A man bought two flats for INR 60,75,000 each. He sold one flat at a 10% gain and another at a 15% loss. How much percent does he gain or lose on the whole?
Option 1: 5% loss
Option 2: 5% gain
Option 3: 2.5% loss
Option 4: 3% gain
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