A shopkeeper sells two watches for Rs.308 each. On one he gets 12% profit and on the other 12% loss. His profit or loss in the entire transaction was

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BANK PO Exam (Ibps Bank) 2013 click here to view all questions

A shopkeeper sells two watches for Rs.308 each. On one he gets 12% profit and on the other 12% loss. His profit or loss in the entire transaction was

A$\Large 1\frac{11}{25} \text{% loss}$

B$\Large 1\frac{11}{25} \text{ % gain}$

C$\Large 3\frac{2}{25} \text{ % loss}$

D$\Large 3\frac{2}{25} \text{ % gain}$

Nithin ? Aug 2 '2022 at 20:54

Correct answer is: \(\Large 1\frac{11}{25} \text{ % loss}\)

Explanation:
\(\text{= }\Large \left(\frac{Common\ gain\ or\ loss}{10}\right)^{2}\)

\(= \Large \left(\frac{12}{10}\right)^{2} =\frac{36}{25} = 1\frac{11}{25}\)

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Manish bought 25 kg ofrice at Rs.32 per kg and 15 kg of rice at Rs.36 per kg. What profit did he get when he mixed the two varieties together and sold it at Rs.40.20 per kg ?

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Manish bought 25 kg ofrice at Rs.32 per kg and 15 kg of rice at Rs.36 per kg. What profit did he get when he mixed the two varieties together and sold it at Rs.40.20 per kg ?

A0.25

B0.4

C0.3

D0.2

nithin ? Aug 2 '2022 at 8:29

Correct answer is: 0.2

Explanation:

\(\text{CP. of 40 kg of mixture = Rs. }\Large 25 \times 32 + 15 \times 36\)

\(\text{= Rs }\Large 25 \times 32 + 15 \times 36\)

\(\text{= Rs. }\Large \left(800 + 540\right) \text{= Rs. 1340}\)

\(\text{SP of 40 kg of mixture}\)

\(\text{= Rs}. \left(40 \times 40.2\right) \text{= Rs.1608}\)

\(\text{Profit = Rs. (1608 - 1340) = Rs.268}\)

\(\text{Profit % = } \Large \frac{268}{1340} \times 100 \text{= 20%}\)

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A man sells calculator at the rate of Rs.250 each which includes a profit of 14 per cent. What amount of profit will he earn in 19 days if he sells seven calculators per day?

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BANK PO Exam (IDBIBank) 2012 click here to view all questions

A man sells calculator at the rate of Rs.250 each which includes a profit of 14 per cent. What amount of profit will he earn in 19 days if he sells seven calculators per day?

ARs.4665

BRs.4565

CRs.4545

DNone of these

Nithin ? Aug 2 '2022 at 7:49

Correct Answer is: None of these

Explanation:

\(\text{Profit on one calculator = Rs. }\Large \left(250 \times \frac{14}{114}\right)\)

\(\therefore \text{ Total profit = } \Large \frac{7 \times 19 \times 250 \times 14}{114} \text{ = Rs. 4083.}\)

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An article was purchased for Rs.78,350. Its price was marked up by 30%. It was sold at a discount of 20% on the marked up price. What was the profit percent on the cost price?

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An article was purchased for Rs.78,350. Its price was marked up by 30%. It was sold at a discount of 20% on the marked up price. What was the profit percent on the cost price?

A4

B7

C5

D 3

nithin ? Aug 1 '2022 at 22:1

Correct answer is: 4

Explanation:

Gain per cent (% change)

\(\Large \left(30-20-\frac{30 \times 20}{100}\right) \text{% = 4%}\)

 

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Kumar purchased an item for Rs.46,000 and sold it at a loss of 12 per cent. With that amount, she purchased another item and sold it at a gain of 12 per cent. What was her overall gain/loss?

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BANK PO Exam (Allahabad Bank) 2011 click here to view all questions

Kumar purchased an item for Rs.46,000 and sold it at a loss of 12 per cent. With that amount, she purchased another item and sold it at a gain of 12 per cent. What was her overall gain/loss?

A Loss of Rs.662.40

B Profit of Rs.662.40

CLoss of Rs.642.80

D Profit of Rs.642.80

nithin ? Aug 1 '2022 at 21:48

Correct answer is:  Loss of Rs.662.40

Explanation:

From the question

CP = 46000

Loss = 12%

∴ SP = 46000 - 12% of 46000 = 40480

Now new CP = 40480

Given that Profit = 12%

∴ SP = 40480 + 12% of 40480 = 45337.6

∴ 46000 - 45337.6 = 662.4 loss

Hence option (a) is the answer.

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Seema purchased an item for Rs.9,600 and sold it for a loss of 5 percent. From that money she purchased another item and sold it for a gain of 5 percent. What is her overall gain/loss?

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Seema purchased an item for Rs.9,600 and sold it for a loss of 5 percent. From that money she purchased another item and sold it for a gain of 5 percent. What is her overall gain/loss?

ALoss of Rs.36

BProfit of Rs.24

CLoss of Rs.54

DNone of these

Nithin ? Aug 1 '2022 at 20:12

Correct answer is: None of these

Explanation:

\(\text{First S.P. = }\Large \frac{9600 \times 95}{100} \)

\(\text{= Rs. 9120}\)

\(\text{Second S.P. = }\Large \frac{9120 \times 105}{100} \)

\(\text{= Rs. 9576}\)

\(\text{Therefore, Loss = }\Large \left(9600 - 9576\right)\)

\(\text{= Rs. 24}\)

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Meera purchased an item for Rs 62,000 and sold it at loss of 25 percent. With that amount she purchased another item and sold it at a gain of 30 percent. What was her overall gain/loss ?

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Meera purchased an item for Rs 62,000 and sold it at loss of 25 percent. With that amount she purchased another item and sold it at a gain of 30 percent. What was her overall gain/loss ?

ALoss of Rs.1560

B Profit of Rs.1560

C Loss of Rs.1550

DProfit of Rs.1550

Nithin ? Aug 1 '2022 at 20:0

Correct answer is: Loss of Rs.1550

Explanation:

Last selling price

\(=\Large 62000 \times \frac{75}{100 \times \frac{130}{100}}\)

= Rs.60450
\(\text{Therefore, Loss = } \Large \left(62000 - 60450\right) \)

= Rs.1550

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