﻿ A fruit seller buys some oranges at the rate of 4 for ₹

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## Profit and Loss

#### Multiple Choice Questions

211.

A man gains 10% by selling an article for a certain price. If he sells it at double the price, then the profit made is

• 120%

• 20%

• 40%

• 100%

31 Views

212.

The cost of manufacture of an article was ₹ 900. The trader wants to gain 25% after giving a discount of 10%. The marked price should be

• ₹ 1000

• ₹ 1500

• ₹ 1250

• ₹ 1200

26 Views

213.

Arvind purchased a wrist watch with 30% discount on the labelled price. He sold it with 40% profit on the price he bought. What was his per cent loss on the labelled price?

• 4

• 8

• 2

• 6

31 Views

214.

The marked price of a watch was ₹ 720. A man bought the same for ₹ 550.80 after getting 2 successive discounts, the 1st being 10%. What was the 2nd discount?

• 18%

• 12%

• 14%

• 15%

27 Views

215.

A person bought two bicycles for ₹ 1600 and sold the first at 10% profit and the second at 20% profit. If he sold the first at 20% profit and the second at 10% profit, he would get ₹ 5 more. The difference in the cost price of the two bicycles was

• ₹ 25

• ₹ 75

• ₹ 50

• ₹ 40

42 Views

216.

A retailer purchased radio sets at the rate of ₹ 400 each from a wholesaler. He raised the price by 30% and then allowed a discount of 8% on each set. His profit will be

• 19%

• 78.4%

• 22%

• 19.6%

32 Views

# 217.A fruit seller buys some oranges at the rate of 4 for ₹ 10 and an equal number more at 5 for ₹ 10. He sells the whole lot at 9 for ₹ 20. What is his loss or gain per cent.Loss per cent  Gain per cent  No loss or no profit Loss per cent 2%

A.

Loss per cent

L.C.M. of 5 and 4 is 20.
So, let he bought 20 apples in both cases.
Case I,
4 apples bought for ₹ 10.
∴  20 apples bought for ₹ (10 x 5) = ₹ 50.   ...(i)

Case II,
5 apples bought for ₹ 10
∴   20 apples bought for ₹ (10 x 4) = ₹ 40.    ...(ii),
From equation (i) and (ii), we get
40 apples bought for ₹ (50 + 40) = ₹ 90.
∴  C.P. of one apple bought = ₹ (90/40) = ₹ 9/4

Case III,
9 apples sold for ₹ 20.
∴  S.P. of one apple  = ₹ (20/9).
Since C.P. > S.P. (9/4 > 20/9), it means transaction resulted in loss.

Now, Required loss percent:

37 Views

218.

10% discount and then 20% discount in succession is equivalent to total discount of

• 15%

• 24%

• 30%

• 28%

219.

The market price of a watch was ₹ 720. A man bought the same for ₹ 550.80 after getting two successive discounts, the first being 10%. The second discount rate is

• 12%

• 14%

• 15%

• 18%

220.

Allowing 20% and 15% successive discounts, the selling price of an article become ₹ 3060, then the marked price will be

• ₹ 5000

• ₹ 4400

• ₹ 4500

• ₹ 4000