InfyTQ Profit and Loss Quiz 2

Solution:

Correct Answer: Option A

Applying the direct formula, we get

Loss% = \frac{X^{2}}{ 100}

=\frac{25^{2}}{ 100}

= \frac{625}{100}

= 6.25

Solution:

Correct Answer: Option B

Applying direct formula, we get

Net loss = \frac{x^{2}}{100}%

= \frac{900}{100}

=9%

Solution:

Correct Answer: Option B

Cost price = difference in SP / (% difference in profit)

= \frac{600}{(5-(-11))}\times 100


= 3750

Solution:

Correct Answer: Option B

 

Let the CP be = 120

Profit %, when calculated on the SP, will be

\frac{20}{120} \times 100


= 16.67%

Solution:

Correct Answer: Option C

Let the cost price be = Rs. 100

Hence, Marked price = Rs. 125

Discount%= 12%

Selling Price = 88% of the marked price

= 88% of 125

= Rs. 110

Profit = 110-100

=Rs.10

Also, profit % = 10%

Solution:

Correct Answer: Option B

Let the cost price be = Rs. 100

Selling price = Rs. 132

This the price after a discount of 12%

Therefore, the marked price must be = \frac{132}{0.88} = 150

It can also be said that he is marking the products 50% above the original cost price.

Hence, his profit will be 50%

Solution:

Correct Answer: Option B

Cost price =4000 \times \frac{100}{125}

= 3200

Solution:

Correct Answer: Option A

Cost price = \frac{\text{Difference in SP}}{\text{Percentage  Difference in profit}}\times \text{CP of the cow}

= \frac{1800 \times 100}{14.5-(-8)}

= \frac{1800 \times 100}{22.5}

= 8000

Solution:

Correct Answer: Option C

Cost price of 6 apples is Rs.10
Cost price of 4 apples is 10\times \frac{4}{6} = Rs.6.67
Selling price of 4 apples is Rs.6
Loss % = \frac{CP-SP}{CP}\times 100

= \frac{6.67-6}{6.67}\times 100

= 10%

 

Solution:

Correct Answer: Option B

Let us assume the cost price of each items be= Re. 1

Cost be 20 articles will be = Rs. 20

SP of 20 articles = CP of 25 articles

= Rs. 25

= Profit% = \frac{5}{20} \times 100

= 25%