One merchant correctly calculates his percentage profit on the cost price; another wrongly calculates it on the selling price. The difference in actual profits if both claim to make 17 .5 % profit on goods sold at Rs.3760 is
A. | Rs.98 |
B. | Rs.56 |
C. | Rs.65 |
D. | Cannot be determined |
Option: A Explanation :
CP of the merchant who calculates his % profit on CP = (3760/1.175) =Rs.3200 Click on Discuss to view users comments. |
A trader allows a discount of 5 percent to his customers. What price should he mark on a article the cost price of which is Rs. 800 so as to make clear profit of 25 percent on his outlay?
A. | Rs.1000 |
B. | Rs.1053 |
C. | Rs.1200 |
D. | Rs.11233 |
Option: B Explanation : Selling price = 800 x 1.25 =Rs. 1000 ∴ Marked price = (1000/0.95) =1053 Rs. Click on Discuss to view users comments. |
A sports goods shop owner has 6 packets of balls each containing the same number of balls. If he sells each ball at Rs. 8 he gains Rs.96. If there were 1 ball less in each packet and he sells each ball at Rs.9 then he gains Rs.90 in the transaction. The cost price of each packet of balls is
A. | Rs.36 |
B. | Rs.48 |
C. | Rs.64 |
D. | Rs.52 |
Option: B Explanation :
Let there be n number of balls in each packet. Click on Discuss to view users comments. |
A man travels from A to B to buy goods which he can get 10% cheaper in B than in A. If expenses of the journey are 15 and he makes a clear saving of 10, how much does he pay for the goods?
A. | Rs.225 |
B. | Rs.200 |
C. | Rs.150 |
D. | Cannot be determined |
Option: A Explanation :
Let CP in A be Rs. x Click on Discuss to view users comments. |
Three friends started a business of renting out air conditioners by investing Rs.20000, Rs. 24000 and Rs.216000, respectively. C gets 20% of total profit for repair and maintenance of the air conditioner. If in a particular year, C gets Rs. 487.50 less than total earnings of the other two, then total profit for the year is
A. | Rs.2812.50 |
B. | Rs.3625.50 |
C. | Rs.4515.00 |
D. | None of these |
Option: A Explanation :
80% of the total proit is divided in the ratio Click on Discuss to view users comments. |