NTT Data Profit and loss Quiz -1

Profit = Selling Price - Cost Price

Profit = 220 - 180 = 40 rupees

From options when original cost of the article = Rs 60

Profit = 80 - 60 = 20

Profit % = \frac{20}{60} \times 100 = 33.33%

Loss = 60 - 40 = 20

Profit % = \frac{20}{60} \times 100 = 33.33%

So original cost of the article = Rs 60

 

Selling price = C.P\times (\frac{100 + profit}{100})

Selling price = 20000\times (\frac{100 + 30}{100}) = 26000

Profit or loss is calculated on cost price.

Here one is selled at 20 % loss and another is sell at 20 % profit

So no profit no loss during the entire transaction.

C.P = \frac{(100 \times \text{Selling price})}{(100+profit)}

C.P = \frac{(100 \times   6,25, 000)}{(100+25)} = 500000

Selling Price = C.P\times (\frac{100 - loss}{100})

Selling Price = 600\times (\frac{100 - 15}{100}) = 510

Loss = Cost price - Selling price

Loss = 4000 - 2500 = 1500

Loss % = \frac{1500}{4000} \times 100 =37.5%

Let profit earned by Afroj = x %

According to question

40,000 \times \frac{100+x}{100} \times \frac{100-15}{100} = 40, 800

X = 20

Profit earned by Afroj  = 20%

Let cost price of 1 mangoes = Rs1

Let cost price of 8 mangoes = Rs8

Cost price of 10 mangoes = Rs 10 = Selling price of 8 Mangoes

For 8 mangoes

Cost price = 8

Selling price = 10

Profit = 10 - 8 = 2

Profit % = \frac{2}{8}\times 100 = 25 %

Discount = Marked Price - Selling Price