A vendor sells his articles at a certain profit percentage. If he sells his article at $$\frac{1}{3}$$ of ...
View QuestionThe cost of servicing of a Maruti car at Maruti care Pvt. Ltd. is Rs. 400. Manager of service centre told me that for the second service within a year a customer can avail a 10% discount and further for third and fourth servicing he can avail 10% discount of the previous amount paid, within a year. Further if a customer gets more than 4 services within a year, he has to pay just 60% of the servicing charges on these services. A customer availed 5 services from the same servicing station, what is the total percentage discount fetched by the customer?
a) 19.42% b) 18.5% c) 17.6% d) 26% Answer: a Explanation: Amount paid in 1st service = 100 ...
View QuestionDavid sells his Laptop to Goliath at a loss of 20% who subsequently sells it to Hercules at a Profit of 25%. Hercules, after finding some defect in the laptop, returns it to Goliath but could recover only Rs. 4.50 for every Rs. 5 he had paid. Find the amount at Hercules’ loss if David had paid Rs. 1.75 lakh for the laptop.
a) 3500 b) 2500 c) 17500 d) 20000 Answer: c Explanation: David (100) == 20% ↓(loss) ...
View QuestionA dishonest shopkeeper, at the time of selling and purchasing, weighs 10% less and 20% more per kilogram respectively. Find the percentage profit earned by treachery. (Assuming he sells at Cost Price)
a) 30% b) 20% c) 25% d) 33.33% Answer: d Explanation: While purchasing he would take 1200 ...
View QuestionThe accountants of a company show sales of Rs. 12,600. The primary cost is 35% of sales and trading cost accounts for 25% of the gross profit. Gross profit is arrived at by excluding the primary cost plus the cost of advertising expenses of Rs. 1400, director’s salary of Rs. 650 per annum plus 2% annual sales as miscellaneous costs. Find the percentage profit (approx) on a capital investment of Rs. 14,000?
a) 35% b) 31% c) 28% d) 26% Answer: b Explanation: Primary Cost: 35% of 12600 = 4410 Miscellaneous costs: 2% of ...
View QuestionThe profit percentage on three articles A, B and C is 10%, 20%, and 25% and the ratio of the cost price is 1 : 2 : 4. Also the ratio of number of articles sold of A, B and C is 2 : 5 : 2, then overall profit percentage is:The profit percentage on three articles A, B and C is 10%, 20%, and 25% and the ratio of the cost price is 1 : 2 : 4. Also the ratio of number of articles sold of A, B and C is 2 : 5 : 2, then overall profit percentage is:
a) 18.5% b) 21% c) 23% d) 27% Answer: b Explanation: Ratio of CP = 1 : 2 ...
View QuestionA dishonest trader marks up his goods by 80% and gives discount of 25%. Besides he gets 20% more amount per kg from wholesaler and sells 10% less per kg to customer. What is the overall profit percentage?
a) 50% b) 60% c) 70% d) 80% Answer: d Explanation: CP = $$\frac{{100}}{{120}} = \frac{{10}}{{12}}$$ [He purchases ...
View QuestionThe price of an article reduces to 576 after two successive discounts. The markup is 80% above the cost price of Rs. 500. What is the new profit percentage if instead of two successive discounts the markup price was further increased successively two times by the same percentage?
a) 259.2% b) 157% c) 159.2% d) 300% Answer: c Explanation $$\eqalign{ & ...
View QuestionIn the Bargaining Bazar everyone purchase with a fair bargaining, so the traders markup the prices too much. A trader marked up an article at Rs. M expected huge profit if it is sold on marked price. But a customer purchased it at M/2 with his fine bargaining skills, so the expected profit of the trader diminished by 66.66%. What is the percentage discount fetched by the customer through bargaining?
In the Bargaining Bazar everyone purchase with a fair bargaining, so the traders markup ...
View QuestionA company charges a fixed rental of Rs. 350 per month. It allows 200 calls free per month. Each call is charge at Rs. 1.4 when the number of calls exceed 200 per month and it charges Rs. 1.6 when the number of calls exceeds 400 per month and so on. A customer made 150 calls in February and 250 calls in march. By how much percent each call is cheaper in March than each call in February.
a) 28% b) 25% c) 18.5% d) 16% Answer: a Explanation: $$\eqalign{ & {\text{Charge per call in February}} ...
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