A vendor buys bananas at 6 for Rs. 5 and sells them at 5 for Rs. 6. If his total profit is Rs. 55, find the total number of bananas bought. MCQ with Answer and Explanation
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Question #1
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A man sold two items for Rs. 10000 each. On the first item, he gained 25%. On the second item, he lost 20%. Find his total profit or loss amount in Rupees.
Correct Answer: Option A
Explanation:
SP1 = 10000, Profit = 25%, CP1 = 10000 / 1.25 = 8000. SP2 = 10000, Loss = 20%, CP2 = 10000 / 0.80 = 12500. Total CP = 8000 + 12500 = 20500. Total SP = 10000 + 10000 = 20000. Total Loss = Total CP - Total SP = 20500 - 20000 = Rs. 500.
SP1 = 10000, Profit = 25%, CP1 = 10000 / 1.25 = 8000. SP2 = 10000, Loss = 20%, CP2 = 10000 / 0.80 = 12500. Total CP = 8000 + 12500 = 20500. Total SP = 10000 + 10000 = 20000. Total Loss = Total CP - Total SP = 20500 - 20000 = Rs. 500.
This question belongs to:
Maths
Profit And Loss
Question #2
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If the cost price is Rs. 300 and the selling price is Rs. 270, what is the loss percentage?
Correct Answer: Option C
Explanation:
Loss = 30, loss% = (30/300)*100 = 10%.
Loss = 30, loss% = (30/300)*100 = 10%.
This question belongs to:
Maths
Profit And Loss
Question #3
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A shopkeeper marks his goods 35% above cost and gives a discount of 20%. What is his profit percent?
Correct Answer: Option A
Explanation:
Let CP = 100, MP = 135, SP = 135*0.8 = 108, profit = 8%.
Let CP = 100, MP = 135, SP = 135*0.8 = 108, profit = 8%.
This question belongs to:
Maths
Profit And Loss
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