Question : Ram bought a cell phone and paid 30% less than its original price. He sold it at 50% profit on the price he had paid. The percentage of profit earned by Ram on the original price was:
Option 1: 25%
Option 2: 50%
Option 3: 15%
Option 4: 5%
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Correct Answer: 5%
Solution : Let the original price be Rs. 100. Price at which Ram bought the phone = 100 – 30% of 100= Rs. (100 – 30) = Rs. 70 Price at which Ram sold the phone = 70 + 50% of 70 = Rs. (70 + 35) = Rs. 105 Profit percent on original price = $\frac{105-100}{100}×100$ = $\frac{5}{100}×100$ = 5% Hence, the correct answer is 5%.
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Question : The marked price of mustard oil is 25% more than its cost price. At what percentage less than the marked price should it be sold to have no profit and no loss?
Option 1: 15%
Option 2: 20%
Option 3: 18%
Option 4: 22%
Question : In 2001, the price of a building was 80% of its original price. In 2002, the price was 60% of its original price. By what percentage did the price decrease?
Option 3: 25%
Option 4: 30%
Question : A trader sold an article at a profit of 20%. Had he bought that article at 60% less price and sold it at INR 90, he would have gained 50%. What is the value (in INR) of the cost price?
Option 1: 150
Option 2: 200
Option 3: 250
Option 4: 300
Question : A shopkeeper bought a cycle for INR 1,200 and sold it for INR 1,500. Find his profit/loss percentage.
Option 1: 3% profit
Option 2: 15% profit
Option 3: 30% loss
Option 4: 25% profit
Question : A sold an article to B at 25% profit, and B further sold it to C by earning a certain profit. If the cost price for C is 30% more than the cost price for A, find the profit percentage earned by B.
Option 1: $5\frac{1}{2}\%$
Option 2: $4\%$
Option 3: $5\%$
Option 4: $4\frac{1}{2}\%$
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