Question : Rohit buys an old bat for Rs. 880 and spends Rs. 120 on its repair. If he sells it for Rs. 800, then what is the loss percentage?
Option 1: 25%
Option 2: 30%
Option 3: 10%
Option 4: 20%
New: SSC MTS Tier 1 Answer key 2024 out
Don't Miss: Month-wise Current Affairs | Upcoming Government Exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: 20%
Solution : Given: Rohit buys an old bat for Rs. 880 and spends Rs. 120 on its repair, he sells it for Rs. 800 The total cost of the bat (CP) = (880 + 120) = Rs. 1000 Selling price (SP) = Rs. 800 So, the loss percentage = $\frac{\text{CP – SP}}{\text{CP}}×100$ = $\frac{1000-800}{1000}×100$ = 20% Hence, the correct answer is 20%.
Application | Cutoff | Selection Process | Preparation Tips | Eligibility | Exam Pattern | Admit Card
Question : Rohit buys an old bat for Rs. 1280 and spends Rs. 120 on its repair. If he sells it for Rs. 1050, then what is the loss percentage?
Option 1: 40 percent
Option 2: 25 percent
Option 3: 20 percent
Option 4: 30 percent
Question : A man bought an old printer for Rs. 2200 and spent Rs. 800 on its repair. He sold it for Rs. 3600. Find his profit percentage.
Option 1: 30%
Option 2: 20%
Option 3: 15%
Option 4: 25%
Question : Ajay buys a scooter for Rs. 7560 and spends Rs. 540 on its repair. He sells it for Rs. 9000. What is his gain percentage?
Option 1: 8.33%
Option 2: 9.09%
Option 3: 11.11%
Option 4: 6.25%
Question : Sandeep buys a toy car for Rs. 500 and sells it for Rs. 625. What is his gain or loss percentage?
Option 1: 20% gain
Option 2: 20% loss
Option 3: 25% gain
Option 4: 25% loss
Question : A shopkeeper buys pencils from a wholesaler at Rs. 20 for 40 pencils. He sells those pencils at Rs. 20 for 20 pencils. What was his profit or loss percentage?
Option 1: 50% Profit
Option 2: 80% Loss
Option 3: 100% Profit
Option 4: 20% loss
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile