Q.1 The C.P. of 6 tables is equal to the S.P. of 4 tables . What is the Profit %

A) 47 %

B) 48 %

C) 49 %

D) 50 %

Ans. D

Shortcut:

x-y/y * 100

or 6-4/4 * 100

= 2/4*100

= 50%

Q.2 A machine is sold for Rs. 5060 at a gain of 10 %. What would have been the gain or loss % if it had been sold for Rs. 4370 ?

A) 5 %

B) 6 %

C) 7 %

D) 8 %

Ans. A

Shortcut :

C.P. = 100/110 * 5060 = Rs. 4600

In this case there is always loss %

Loss% = C.P – S.P. / C.P. * 100

Or 5%

Q.3 Mohan sold a book at a profit of 6%. Had he sold it for Rs. 2 more he would have gained 10% C.P. of books ?

A) 50

B) 51

C) 52

D) 53

Ans. A

Q.4 A man sold two houses for Rs. 800000 on one he gains 20 % while on the other he losses 20%. How much does he gain or loss in the whole transaction ?

A) 4 %

B) 5%

C) 6 %

D) 7 %

Ans. A

Shortcut:

(20/10)2

= 4 %

Q.5 A shopkeeper marks his goods at 20% above his cost price & allows purchases a discount of 10 % for cash . What profit % does he make ?

A) 6 %

B) 7 %

C) 8 %

D) 9 %

Ans. C

Shortcut:

x-y-xy/100 %

20-10-200/100

=8 %