InfyTQ Profit and Loss Quiz 4

Correct Option: A

Solution:  Profit earned on Marked Price (M.P.) = 5%

Profit % = \frac{S.P. – M.P.}{MP}\times 100

5 = \frac{500 – M.P.}{MP}\times 100

MP = Rs. 476.19

Discount on water bottle is 12% on marked price

Cost price of the bottle is \frac{88}{100}\times MP = \frac{88}{100}\times 476.19 = Rs.419.04

Solution: Profit = 50 paise = Rs. 0.5

Profit % = \frac{0.5}{50} \times 100=1%

Correct Option: C

Solution: S.P. =100, Profit% = 25%

1.25 x C.P. = 100

C.P. = \frac{100}{1.25} = Rs. 80

When pen is sold for Rs. 75

Loss % = \frac{5}{80}\times 100=6.25%

Correct Option: A

Solution

Cost price of 100 oranges = 100 x 5 = Rs. 500

Selling price of 80 oranges = 8 x 80 = Rs. 640

Profit% = \frac{(640-500)}{500} \times 100=28%

Correct Option: A

Solution: C.P. = \frac{250}{0.89} = 280.89 ≅ 281

Correct Option: B

Solution: Marked Price = 120% of the C.P.

\frac{120}{100} \times 450 = 540

Correct Option: A

Solution: let Cost price of 1 egg be 100 and the selling price be x.

CP of 20 eggs = 2000, SP of 20 eggs = 20x

Loss = CP-SP = 5x

Loss = 2000 – 20x = 5x

25x = 2000
X = 80

Loss% = \frac{100-80}{80}\times 100

=\frac{20}{80}\times 100=25%

Correct Option: A

Solution:

Let the cost price of 1 mango be 10, therefore, cost price of 20 mangoes will be Rs. 200

SP of 15 mangoes is equal to CP of 20 mangoes = Rs. 200

CP of 15 mangoes = Rs. 150

Profit = \frac{200-150}{150}\times 100=\frac{50}{150}\times 100

=33.33%

Correct Option: B

Solution:

Cost price of 8 apples = 12

CP for 1 apples = Rs. \frac{12}{8} =1.5

CP for 6 apples = Rs. 9

SP of 6 apples = 10

Profit % = \frac{10-9}{9}\times 100 = \frac{100}{9}

=11.11%

Solution:

Let the cost price for all the article be 1000.

CP for \frac{3}{4}of all articles would be \frac{3}{4}\times 1000 = 750

Profit gained = 20%

S.P. = 1.2 x 750 = 900

CP of remaining article = selling price = 250,

Total profit = Total SP – Total CP

1150 – 1000 = 150

Profit% = \frac{150}{1000}\times 100=15%