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 %
