Question : If a man purchases kishmish at INR 320 per kg and sells it at INR 6 per 25 grams, then his profit/loss percentage is:
Option 1: 20% loss
Option 2: 25% loss
Option 3: 25% profit
Option 4: 20% profit
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Correct Answer: 25% loss
Solution : The cost price of 1 kg kishmish = INR 320 The selling price of 25 grams of kishmish = INR 6 The selling price of 1 kg kishmish = $\frac{6}{25}×1000$ = INR 240 Loss percentage = $\frac{\text{Cost price – Selling price}}{\text{Cost price}}×100=\frac{320-240}{320}\times 100=\frac{80}{320}×100=25\%$ Hence, the correct answer is a 25% loss.
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Question : In what ratio, wheat at INR 23 per kg should be mixed with wheat at INR 14 per kg so that on selling the mixture at INR 20 per kg there is a profit of 25%?
Option 1: 5 : 7
Option 2: 3 : 5
Option 3: 2 : 3
Option 4: 2 : 7
Question : Ranjeet buys 1 kg potato for INR 20 and sells it for INR 25. He also uses a weight of 800 gm in place of 1 kg. What is Ranjeet's actual profit percentage on the sale of 1 kg potato?
Option 1: 56.75%
Option 2: 56.25%
Option 3: 55.75%
Option 4: 57.25%
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
Question : A shopkeeper professes to sell sugar costing INR 40/kg at INR 42/kg but gives only 550 grams of sugar in place of 600 grams using the faulty weighing machine. His profit percentage (correct to 2 decimal places) is:
Option 1: 14.55%
Option 2: 15.54%
Option 3: 15.45%
Option 4: 16.45%
Question : A sells a cycle to B at a profit of 33% and B sells it to C at a loss of 25%. If C bought the cycle for INR 3059, then the cost price of it for A was:
Option 1: INR $3066 \frac{2}{3}$
Option 2: INR $2044 \frac{1}{3}$
Option 3: INR $4054 \frac{1}{3}$
Option 4: INR $5014 \frac{2}{3}$
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