Question : By selling an article for INR 2,200, a profit of 10 % is earned. If the same article is sold for INR 2,600, then what will be the gain percentage?
Option 1: 20%
Option 2: 15%
Option 3: 37%
Option 4: 30%
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Correct Answer: 30%
Solution : Given: selling price = INR 2200 Let the cost price of the article be $x$. According to the question, $x × \frac{110}{100} = 2200$ ⇒ $x = 2000$ ⇒ Cost price = INR 2000 Now, New selling price = INR 2600 New profit = 2600 – 2000 = INR 600 New profit percentage = $\frac{\text{Profit}}{\text{Cost price}}\times100$ = $\frac{600}{2000}\times100$ = 30% Hence, the correct answer is 30%.
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Question : The percentage profit earned by selling an article for Rs. 2,000 is the same as the percentage loss incurred by selling the same article for Rs. 1,200. At what price should that article be sold to make a profit of 20%?
Option 1: 2,000
Option 2: 1,800
Option 3: 1,920
Option 4: 1,840
Question : A person sells an article for a loss of 18%. If he increases the selling price by INR 144 and decreases the cost price by 30%, then there is a profit of 20%. What is the original selling price?
Option 1: INR 5,068
Option 2: INR 6,036
Option 3: INR 5,904
Option 4: INR 6,124
Question : The cost price of an article is INR 2,800. Profit as a percentage of the selling price is 20%. What is the actual profit (in INR)?
Option 1: INR 616
Option 2: INR 504
Option 3: INR 700
Option 4: INR 560
Question : An article is sold at a 25% loss. If its cost price is doubled and the selling price is increased by INR 660, then there is a profit of 20%. What is the original cost price of the article?
Option 1: INR 480
Option 2: INR 500
Option 3: INR 400
Option 4: INR 360
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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