Practice Test

Q1) By selling a watch for Rs. 495, a shopkeeper incurs a loss of 10%. Find the cost price of the watch for the shopkeeper. Show Answer

Q2) By selling a cap for Rs. 34.40, a man gains 7.5%. What will be the CP of the cap? Show Answer

Q3) A cellular phone when sold for Rs. 4600 fetches a profit of 15%. Find the cost price of the cellular phone. Show Answer

Q4) A machine costs Rs. 375. If it is sold at a loss of 20%, what will be its cost price as a percentage of its selling price? Show Answer

Q5) A shopkeeper sold goods for Rs. 2400 and make a profit of 25% in the process. Find his profit per cent if he sold his goods for Rs. 2040. Show Answer

Q6) A digital diary is sold for Rs. 935 at a profit of 10%. What would have been the acutal profit or loss on it, if it had been sold for Rs. 810? Show Answer

Q7) A music system when sold for Rs. 4500 gives a loss of 16.66% to the merchant who sells it. Calculate his loss or gain per cent, if he sells it for Rs. 5703.75. Show Answer

Q8) By selling bouquets for Rs. 63, a florist gains 5%. At what price should he sell the bouquest to gain 10% on the cost price? Show Answer

Q9) A shopkeeper bought 240 chocolates at Rs. 9 per dozen. If he sold all of then at Re. 1 each, what was his profit per cent? Show Answer

Q10) A feeding bottle is sold for Rs. 120. Sales tax accounts for one-fifth of this and profit one-third of the remainder. Find the cost price of the feeding bottle. Show Answer

Q11) A coal merchant makes a profit of 20% by selling coal at Rs. 25 per quintal. If he sells the coal at Rs. 22.50 per quintal, what is his profit per cent on the whole investment? Show Answer

Q12) The cost price of a shirt and a pair of trousers is Rs. 371. If the shirt costs 12% more than the trousers, find the cost price of the trouser. Show Answer

Q13) A pet shop owner sells two puppies at the same price. On one he makes a profit of 20% and on the other he suffers a loss of 20%. Find his loss or gain per cent on the whole transaction. Show Answer

Q14) The marked price of a table is Rs. 1200, which is 20% above the cost price. It is sold at a discount of 10% on the marked price. Find the profit per cent. Show Answer

Q15) 125 toffees cost Rs. 75. Find the cost of one million toffees if there is a discount of 40% on the selling price for this quantity. Show Answer

Q16) A shopkeeper marks the price of an article at Rs. 80. Find the cost price if after allowing a discount of 10% he still gains 20% on the cost price. Show Answer

Q17) A shopkeeper marks the price of an article at Rs. 80. What will be the selling price of the article if he allows two successive discounts of 5% each? Show Answer

Q18) A dozen pairs of gloves quoted at Rs. 80 are available at a discount of 10%. Find how many pairs of gloves can be bought for Rs. 24. Show Answer

Q19) Find a single discount equivalent to the discount series of 20%, 10%, 5%. Show Answer

Q20) The printed price of a calculator is Rs. 180. A retailer pays Rs. 137.7 for it by getting successive discounts of 10% and another rate which is illegible. What is the second discount rate? Show Answer

Q21) How much percent more than the cost price should a shopkeeper mark his goods, so that after allowing a discount of 12.5% he should have a gain of 5% on his outlay? Show Answer

Q22) In order to maintain the price line, a trader allows a discount of 10% on the marked price of goods in his shop. However, he still makes a gross profit of 17% on the cost price. Find the profit per cent he would have made on the selling price had he sold at the marked price. Show Answer

Q23) A whole-seller allows a discount of 20% on the list price to a retailer. The retailer sells at 5% discount on the list price. If the customer paid Rs. 38 for an article, what profit is made by the retailer? Show Answer

Q24) A whole-seller allows a discount of 20% on the list price to a retailer. The retailer sells at 5% discount on the list price. If the customer paid Rs. 38 for an article, find the retailer's percentage profit on his cost giving your answer correct to two decimal places. Show Answer

Q25) The cost of production of a cordless phone set in 2006 is Rs. 900, divided between material, labour and overheads in the ratio 3 : 4 : 2. If the cordless phone set is marked at a price that gives a 20% profit on the component of price accounted for by labour, what is the marked price of the set? Show Answer

Q26) The cost of production of a cordless phone set in 2006 is Rs. 900, divided between material, labour and overheads in the ratio 3 : 4 : 2. If the cordless phone set is marked at a price that gives a 20% profit on the component of price accounted for by labour, if subsequently in 2007, the cost of material, labour and overheads increased by 20%, 30% and 10% respectively, calculated the cost of manufacturing in 2007. Show Answer

Q27) The cost of production of a cordless phone set in 2006 is Rs. 900, divided between material, labour and overheads in the ratio 3 : 4 : 2. If the cordless phone set is marked at a price that gives a 20% profit on the component of price accounted for by labour, what should be the new marked price if the criteria for profit is to remain the same. Show Answer

Q28) By selling a casserole for Rs. 960, a man incurs a loss of 4%. At what price should he sell the casserole to gain 16%? Show Answer

Q29) A man sells 5 articles for Rs. 15 and makes a profit of 20%. Find his gain or loss percent if he sellls 8 such articles for Rs. 18.40 Show Answer

Q30) The cost price of 50 mangoes is equal to the selling price of 40 mangoes. Find the percentage profit? Show Answer

Q31) A owns a house worth Rs. 10,000. He sells it to B at a profit of 15%. After some time, B sells it back to A at 15% loss. Find A's loss or gain percent. Show Answer

Q32) A shopkeeper bought locks at the rate of 8 locks for Rs. 34 and sold them at the rate of 12 locks for Rs. 57. Calculate his gain percent. Show Answer

Q33) Anil bought an article at Rs. 200 and sold it at a profit of 10%. What would have been the increase in the profit percent if it was sold for Rs. 230? Show Answer

Q34) A makes an article for Rs. 120 and sells it to B at a profit of 25%. B sells it to C who sells it for Rs. 198, making a profit of 10%. What profit percent did B make? Show Answer

Q35) A reduction of 10% in the price of sugar enables a housewife to buy 6.5 kg more for Rs. 279. Find the reduced price per kilogram Show Answer

Q36) A man buys 50 kg of oil at Rs. 10 per kilogram and another 40 kg of oil at Rs. 12 kilogram and mixes them. He sells the mixture at the rate of Rs. 11 per kilogram. What will be his gain percent if he is able to sell the whole lot? Show Answer

Q37) If the cost price of 30 articles is equal to the selling price of 20 articles, find the profit percent? Show Answer

Q38) A shopkeeper sells sugar in such a way that the selling price of 950 gam is the same as the cost price of one kilogram. Find his gain percent. Show Answer

Q39) A dealer buys eggs at Rs. 36 per gross. He sells the eggs at a profit of 12(1/2)% on the cost price. What is the selling price per egg (approximately)? Show Answer

Q40) A sold a table to B at a profit of 20%. B sold the same table to C for Rs. 75 thereby making a profit of 25%. Find the price at which A bought the table from X if it is known that X gained 25% in the transaction. Show Answer

Q41) A sold a table to B at a profit of 15%. Later on, B sold it back to A at a profit of 20%, thereby gaining Rs. 69. How much did A pay for the table originally? Show Answer

Q42) A dealer sold two TV sets for Rs. 2400 each, gaining 20% on one and losing 20% on the other set. Find his net gain or net loss. Show Answer

Q43) On selling tea at Rs. 40 per kg a loss of 10% is incurred. Calculate the amount of tea (in kg) sold if the total loss incurred is Rs. 80. Show Answer

Q44) A colour TV and a VCP were sold for Rs. 12,000 each. The TV was sold at a loss of 20% whereas the VCP was sold at a gain of 20%. Find gain or loss in the whole transaction. Show Answer

Q45) A man sells a TV set for Rs. 3450 and makes a profit of 15%. He sells another TV at a loss of 10%. If on the whole, he neither gains nor loses, find the selling price of the second TV set. Show Answer

Q46) A man sells an article at 5% above its cost price. If he had bought it at 5% less than what he paid for it and sold it for Rs. 2 less, he would have gained 10%. Find the cost price of the article. Show Answer

Q47) A briefcase was sold at a profit of 10%. If its cost price was 5% less and it was sold for Rs. 7 more, the gain would have been 20%. Find the cost price of the briefcase. Show Answer

Q48) A man sells a plot of land at 6% profit. If he had sold it at 10% profit, he would have received Rs. 200 more. What is the selling price of the land? Show Answer

Q49) Ashok bought an article and spend Rs. 110 on its reparis. He then sold it to Bhushan at a profit of 20%. Bhushan sold it to Charan at a loss of 10%. Charan finally sold it for Rs. 1188 at a profit of 10%. How much did Ashok pay for the article? Show Answer

Q50) A man buys two cycles for a total cost of Rs. 900. By selling one for 4/5 of its cost and other for 5/4 of its costs, he makes a profit of Rs. 90 on the whole transaction. Find the cost price of lower priced cycle. Show Answer

Q51) A merchant bought two transistors, which together cost him Rs. 480. He sold one of them at a loss of 15% and other at a gain of 19%. If the selling price of both the transistors are equal, find the cost of the lower priced transistor. Show Answer

Q52) A manufacturer makes a profit of 15% by selling a colour TV for Rs. 5750. If the cost of manufacturing increases by 30% and the price paid by the retailer is increased by 20%, find the profit percent made by the manufacturer. Show Answer

Q53) The cost of manufacturing an article is made up of materials, labour and overheads in the ratio 4 : 3 : 2. If the cost of labout is Rs. 45, find the profit percent if the article is sold for Rs. 180. Show Answer

Q54) Two dealers X and Y selling the same model of refrigerator mark them under the same selling prices. X gives successive discounts of 25% and 5% and Y gives successive discounts of 16% and 12% From whom is it more profitable to purchase the refrigerator? Show Answer

Q55) A sells a car priced at Rs. 36,000. He gives a discount of 8% on the first Rs. 20,000 and 5% on the remaining Rs. 16,000. His competitor B sells a car of the same make, priced at Rs. 36,000. If he wants to be competitive what percent discount should B offer on the marked price. Show Answer

Q56) An article costs Rs. 700 to a manufacurer who lists its price at Rs. 800. He sells it to a trader at a discount of 5%. The trader gets a further discount of 5% on his net payment for paying in cash. Calculate the amount that the trader pays to the manufacturer. Show Answer

Q57) An article costs Rs. 700 to a manufacurer who lists its price at Rs. 800. He sells it to a trader at a discount of 5%. The trader gets a further discount of 5% on his net payment for paying in cash. Find the profit percent that the maunfacturer makes on the sale. Show Answer

Q58) A firm dealing in furniture allows 4% discount on the marked price of each item. What price must be marked on a dining table that cost Rs. 400 to assemble, so as to make a profit of 20%? Show Answer

Q59) A shopkeeper allows a discount of 12.5% on the marked price of a certain article and makes a profit of 20%. If the article cost the shopkeeper Rs. 210, what price must be marked on the article? Show Answer

Q60) A Camera shop allows a discount of 10% on the advertised price of a camera. What price must be marked on the camera, that cost him Rs. 600, so that he makes a profit of 20%? Show Answer

Q61) A watch dealer pays 10% custome duty on a watch that costs Rs. 250 abroad. For how much should he mark it, if he desires to make a profit of 20% after giving a discount of 25% to the buyer? Show Answer

Q62) A shopkeeper buys an article for Rs. 400 and marks it for sale at a price that gives him 80% profit on his cost. He, however, gives a 15% discount on the marked price to his customer. Calculate the actual percentage profit made by the shopkeeper. Show Answer

Q63) In the land of the famous milkman Merghese Durian, a milkman sells his buffalo for Rs. 720 at some profit, Had he sold his buffalo at Rs. 510, the quantum of the loss incurred would have been double that of the profit earned. What is the cost price? Show Answer

Q64) A trader purchase apples at Rs. 60 per hundred. He spend 15% on the transportation. What should be the selling price per 100 to earn a profit of 20%? Show Answer

Q65) A dishonest dealer professes to sell at cost price but uses a 900 gram weight instead of a 1 kilogram weight. Find the percent profit to the dealer. Show Answer

Q66) Mithilesh makes 750 articles at a cost of 60 paise per articel. He fixes the selling price such that if only 600 articles are sold, he would have made a profit of 40% on the outlay. However, 120 articles got spolit and he was able to sell 630 articels at this price. Find his actual profit percent as the percentage of total outlay assuming that the unsold articles are useless. Show Answer

Q67) A manufacturer estimates that on inspection 12% of the articels he produces will be rejected. He accepts an order to supply 22,000 articles at Rs. 7.50 each. He estimates the profit on his outlay including the manufacturing of rejected articles, to be 20%. Find the cost of manufacturing each article. Show Answer

Q68) The cost of setting up the type of a magazine is Rs. 1000. The cost of running the printing machine is Rs. 120 per 100 copies. The cost of paper, ink and so on is 60 paise per copy. The magazines are sold at Rs. 2.75 each. 900 copies are printed, but only 784 copies are sold. What is the sum to be obtained from advertisements to give a profit of 10% on the cost? Show Answer

Q69) A tradesman fixed his selling price of goods at 30% above the cost price. He sells half the stock at this price, one-quarter of his stock at a discount of 15% on the original selling price and rest at a discount of 30% on the original selling price. Find the gain percent altogether. Show Answer

Q70) A tradesman marks an article at Rs. 205 more than the cost price. He allows a discount of 10% on the marked price. Find the profit percent if the cost price is Rs. x. Show Answer

Q71) Dolly goes to a shop to purchase a doll priced at Rs. 400. She is offered 4 discount options by the shopkeeper. Which of these options should she opt for to gain maximum advantage of the discount offered? Show Answer

Q72) A dishonest dealer marks up the price of his goods by 20% and gives a discount of 10% to the customer. He also uses a 900 gram weight instead of a 1 kilogram weight. Find his percentage profit due to these maneuvers.
Show Answer

Q73) A dishonest dealer marks up the price of his goods by 20% and gives a discount of 10% to the customer. Besides, he also cheats both his supplier and his buyer by 100 grams while buying and selling 1 kilogram. Find the percentage profit earned by the shopkeeper? Show Answer

Q74) A dishonest dealer marks up the price of his goods by 20% and gives a discount of 10% to the customer. Besides, he also cheats both his supplier and his buyer by 100 grams while buying and selling 1 kilogram. If the shopkeeper takes a discount of 10% from his supplier and he disregards this discount while marking up (i.e. he marks up at the undiscounted price), find the percentage profit for the shopkeeper if there is no other change from the previous problem. Show Answer

Q75) Cheap and Best, a Kirana shop bought some apples at 4 per rupee and an equal number at 5 per rupee. He then sold the entire quantity at 9 for 2 rupees. What is his percentage profit or loss? Show Answer

Q76) A watch dealer sells watches at Rs. 600 per watch. However, he is forced to give two successive discounts of 10% and 5% respectively. However, he recovers the sales tax on the net sale price from the customer at 5% of the net price. What price does a customer have to pay him to buy the watch. Show Answer

Q77) Deb bought 100 kg of rice for Rs. 1100 and sold it at a loss of as much money as he received for 20 kg rice. At what price did he sell the rice? Show Answer

Q78) A carpenter wants to sell 40 chairs. If he sells them at Rs. 156 per chair, he would be able to sell all the chairs. But for every Rs. 6 increase in price, he will be left with one additional unsold chair. At what selling price would he be able to maximize his profits (assuming unsold chairs remain with him)? Show Answer

Q79) How many chocolates did she buy? Show Answer

Q80) How much would she have spent at the market complex? Show Answer

Q81) A shopkeeper makes a profit of Q% by selling an object for Rs. 24. Had the cost price and selling price been interchanged, it would have led to a loss of 62.5 Q%. With the latter cost price, what should be the new selling price to get a profit of Q%? Show Answer

Q82) Find the change in the percentage profit for a fruit vendor who, after finding 20% of the fruits rotten, increased his selling price by 10% over and above 15% that he was already charging? Show Answer

Q83) If each of them got the payments on time, what is the approximate percentage profit of the person getting the higher profit? Show Answer

Q84) If Sashi defaults by 1 and 2 weeks in the second and third payments respectively, what would be the profit of Ramu, in the sale of the car? Show Answer

Q85) What would be the difference in the profits if both the buyers default in each payment by a week? Show Answer

Q86) Find the selling price of goods if two salesman claim to make 25% profit each, one calculating it on cost price while another on the selling price, the difference in the profit earned being Rs. 100 and selling price being the same in the both the cases. Show Answer

Q87) A shopkeeper calculates percentage profit on the buying price and another on the selling price. What will be their difference in profits if both claim a profit of 20% on goods sold for Rs. 3000? Show Answer

Q88) A pharmaceutical company made 3000 strips of tablets at a cost of Rs. 4800. The company gave away 1000 strips of tablets to doctors as free samples. A discount of 25% was allowed on the printed price. Find the ratio of profit if the price is raised from Rs. 3.25 to Rs. 4.25 per strip and if at the latter price, samples to doctors were done away with. (New profit/old profit) Show Answer

Q89) A merchant makes a profit of 20% by selling an article. What would be the percentage change in the profit percent had he paid 10% less for it and the customer paid 10% more for it? Show Answer

Q90) An article costing Rs. 20 was marked 25% above the cost price. After two successive discounts of the same percentage, the customer now pays Rs. 20.25. What would be the percentage change in profit had the price been increased by the same percentage twice successively instead of reducing it? Show Answer

Q91) Divya goes to buy fruits and after a lot of bargaining is able to get the price of a dozen apples reduced by Rs. 1 from the initial price, thereby enabling her to get 1 apple extra for every rupee saved. (Getting no discount on the extra apple). What is the initial price of a dozen apples? Show Answer

Q92) The accounts 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% of annual sales as miscellaneous costs. Find the percentage profit (approx) on a capital investment of Rs. 14,000? Show Answer

Q93) Jonny has two cycles and one rickshaw. The rickshaw is worth Rs. 96. If he sells the rickshaw along with the first cycle, he has an amount double that of the value of the second cycle. But if he decides to sell the rickshaw along with the second cycle, the amount received would be less than the value of first cycle by Rs. 306. What is the value of first cycle? Show Answer

Q94) David 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 of Hercules' loss if David had paid Rs. 1.75 lakh for the laptop. Show Answer

Q95) A 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) Show Answer

Q96) A dealer marks articles at a price that gives him a profit of 30%. 6% of the consignment of goods was lost in a fire in his premises, 24% was soiled and had to be sold at half the cost price. If the remainder was sold at the marked price, what percentage profit or loss did the dealer make on that consignment? Show Answer

Q97) A book was sold for a certain sum and there was a loss of 20%. Had it been sold for Rs. 12 more, there would have been a gain of 30%. What would be the profit if the book were sold for Rs. 4.8 more than what it was sold for? Show Answer

Q98) Find the change in the percentage profit of the village if the ratio of male to female gets reversed the next year, population remaining the same. Show Answer

Q99) Find the change in the percentage profit of the village, if the population increases by 10% (Assume the ratio remains the same) Show Answer

Q100) Find the percentage change in the profit. Show Answer

Q101) What would be the change in the percentage profit, if along with the reversal of the ratio of males to females, the profit also increases by 1% for both males and females. Show Answer

Q102) A rickshaw dealer buys 30 rickshaws for Rs. 4725. Of these, 8 are four-seaters and the rest are two-seaters. At what price must he sell the four-seaters so that if he sells the two-seaters at 3/4th of this price, he makes a profit of 40% on his outlay? Show Answer

Q103) A flat and a piece of land were bought by two friends Raghav and Sita respectively at prices of Rs. 2 lakh and Rs. 2.2 lakh. The price of the flat rises by 20 percent every year and that of land by 10% every year. After two years, they decide to exchange their possessions. What is percentage gain of the gainer? Show Answer

Q104) A, B and C form a company. A invests half of C expecting a return of 10%. B invests three-fourths of C, expecting a return of 15% on it. C invests Rs. 3000 and the profit of the firm is 25%. How much would B's share of profit be more than that of A's share if B gets an additional 8% for managing the business? (Assume that their expectations with respect to returns on capital invested are met before profit is divided in the ratio of capitals invested). Show Answer

Q105) A driver of a auto rickshaw makes a profit of 20% on every trip when he carries 3 passengers and the price of petrol is Rs. 30 a litre. Find the percentage profit for the same journey if he goes for four passengers per trip and the price of petrol reduces to Rs. 24 litre. (Assume that revenue per passenger is the same in both the cases) Show Answer

Q106) Raghav bought 25 washing machines and microwave ovens for Rs. 2,05,000. He sold 80% of the washing machines and 12 microwave ovens for a profit of Rs. 40,000. Each washing machine was marked up by 20% over cost and each microwave oven was sold at a profit of Rs. 2,000. The remaining washing machines and 3 microwave ovens could not be sold. What is Raghav's overall profit/loss? Show Answer

Q107) After selling a watch, Shyam found that he had made a loss of 10%. He also found that he sold it for Rs. 27 more, he would have made a profit of 5%. The actual initial loss was what percentage of the profit earned, had he sold the watch for a 5% profit? Show Answer

Q108) Sambhu buys rice at Rs. 10/kg and puts a price tag on it so as to earn a profit of 20%. However, his faulty balance shows 1000 gm when it is actually 800 gm. What is his actual gain percentage? Show Answer

Q109) The profit earned when an article is sold for Rs. 800 is 20 times the loss incurred when it is sold for Rs. 275. At what price should the article be sold if it is desired to make a profit of 25%. Show Answer

Q110) A sells to B goods at five-thirds the rate of profit at which B has decided to sell it to C. C, on other hand, sells it to D at one-third the rate of profit at which B sold it to C. If D gives Rs. 2145 to C at 10% profit, how much did A buy it for? Show Answer

Q111) In the town of Andher Nagari Chaupat Raja, shopkeepers have to buy and sell goods in the range of Rs. 500 to Rs. 999. A shopkeeper in such a town decides not to buy or sell goods for amounts that contain the digit 9 or for amounts that add up to 13 or are a multiple of 13. What is the maximum possible profit he can earn? Show Answer

Q112) Manish bought a combined total of 25 monitors and printers. He marked up the monitors by 20% on the cost price, while each printer was marked up by Rs. 2000. He was able to sell 75% of the monitors and 2 printers and make a profit of Rs. 49,000. The remaining monitors and 3 printers could not be sold by him. Find his overall profit or loss if he gets no return on unsold items and it is known that a printer costs 50% of a monitor. Show Answer

Q113) Manish bought a combined total of 25 monitors and printers. He marked up the monitors by 20% on the cost price, while each printer was marked up by Rs. 2000. He was able to sell 75% of the monitors and 2 printers and make a profit of Rs. 49,000. The remaining monitors and 3 printers could not be sold by him. Therefore, Manish's approximate percentage profit or loss is Show Answer

Q114) An orange vendor makes a profit of 20% by selling oranges at a certain price. If he charges Rs. 1.2 higher per orange he would gain 40%. Find the original price at which he sold an orange. Show Answer

Q115) The AMS magazine prints 5000 copies for Rs. 5,00,000 every month. In the July issue of the magazine, AMS distributed 500 copies free. Besides, it was able to sell 2/3 of the remaining magazines at 20% discount. Besides, the remaining magazines were sold at the printed price of the magazines (which was RS. 200). Find the percentage profit of AMS in the magazine venture in the month of July (assume a uniform 20% of the sale price as the vendor's discount and also assume that AMS earns no income form advertising for the issue). Show Answer

Q116) If Sardar Preetpal Singh's taxi is 14 years old and has a fuel efficiency of 12 km/litre of fuel, find his profit in a run from Howrah Station to Park Street (a distance of 7 km) if the stoppage time is 8 minutes. (assume he owns the taxi) Show Answer

Q117) If Sardar Preetpal Singh's taxi is 14 years old and has a fuel efficiency of 12 km/litre of fuel. Then Sardar Preetpal Singh's percentage profit is Show Answer

Q118) If Sardar Preetpal Singh's taxi is 14 years old and has a fuel efficiency of 12 km/litre of fuel. If on another day, with heavier traffic, the waiting time increases to 13 minutes, find the percentage change in the profit. Show Answer

Q119) If Sardar Preetpal Singh's taxi is 14 years old and has a fuel efficiency of 12 km/litre of fule. If on another day, with heavier traffic, the waiting time increases to 13 minutes. If Sardar Preetpal Singh idled his taxi for 7 minutes and if the fuel consumption during idling is 50 ml per minute, find the percentage decrease in the profits. Show Answer

Q120) The maximum revenue has been generated by which taxi? Show Answer

Q121) Which of the three taxis generated the maximum revenue? (If it is to be assumed that every customer traveled at least 2 kilometers): Show Answer

Q122) What percentage of the total revenue was generated by taxi B? (If it is to be assumed that every customer traveled at least 2 kilometers): Show Answer

Q123) The highest profit was yielded by which taxi? (If it is to be assumed that every customer traveled at least 2 kilometers): Show Answer

Q124) The taxi which had the highest percentage profit for the day was (If it is to be assumed that every customer traveled at least 2 kilometers): Show Answer

Q125) The profit as a percentage of costs for the day was: (If it is to be assumed that every customer traveled at least 2 kilometers): Show Answer

Q126) For which bottle should Coca-Cola try to maximise sales to maximise its profits? (Assume that the total number of litres of Coca-Cola sold is constant irrespective of the break up of the sales in terms of the bottle sizes) Show Answer

Q127) If the company sells only 300 ml bottles in the first year, how many bottles should it sell to recover the investment made in the first year only? Show Answer

Q128) If sales of 300 ml bottles to 500 ml bottles is 4 : 1, and there is no sale of 1500 ml bottles how many 300 ml bottles will be required to recover the investment? Show Answer

Q129) If sales of 300 ml bottles to 500 ml bottles is 4 : 1, and there is no sale of 1500 ml bottles. Total number of both the types to be sold in India in order to recover the whole investment is Show Answer

Q130) It we add administrative costs @ Re. 1 per litre, which bottle size will have the maximum profitability? Show Answer

Q131) Find the profit of the hotel in rupee terms for the month of April 2020. Show Answer

Q132) Keeping the A/C occupancy constant at 50%, what should be the minimum occupancy rate for non-A/C rooms for incurring no loss for the month? Show Answer

Q133) Rs. 25,000 worth of advertising a sales promotion of 20% off on the bill doubles the occupancy rate. If this is done, what is the change in the profit or loss? Show Answer

Q134) Advertising worth Rs. 50,000 is done for the sales promotion of A/C rooms (advertising a 20% reduction in the bill for A/C rooms). This leads to a doubling of the occupancy rate of A/C rooms. Besides, it also has an effect of increasing non-A/C room occupancy by 20%. Is this advised? Show Answer

Q135) Mr. Amarnath and his family of 4 went to the restaurant and got a bill for : Soups (Rs. 126), Starters )Rs. 180), Meals (Rs. 300), Breads (Rs. 245) and Sweets (Rs. 210). Find the profit for the restaurant . Show Answer

Q136) The approximate percentage profit for the restaurant on the bill is Show Answer

Q137) Which of these are true:
(i) Profit increases if a part of the money spent on starters was spent on breads and another part of the starters was spent on snacks.
(ii) Profit increases if a part of the money spent on meal items was spent on starters and another part spent on soups was spent on breads.
(iii) Profit decreases if a certain amount (say x) of the spending on soups was spent on starters and the same amount (Rs. x) of the spending on soups is spent on meal items. Show Answer

Q138) Assuming a uniform 80% occupancy rate for the month of April 2003, find his profit or loss for the month. Show Answer

Q139) If the occupancy rate drops to 60% in the month of June, what is the value of the profit for the month? Show Answer

Q140) If Prabhat estimates a fixed occupancy rate of 80% during the peak hours of 2 to 8 pm and 40% in the off peak hours of 8 am to 2 pm find the expected profit for him in the month of July 2006. Show Answer

Q141) The percentage margin is defined as the margin as a percentage of the variable cost for an hour of operation. Find the percentage margin of the cyber cafe Prabhat runs. Show Answer

Q142) If Prabhat estimates a fixed occupancy rate of 80% during the peak hours of 2 to 8 pm and 40% in the off peak hours of 8 am to 2 pm. How many 30-day months will be required for Prabhat to recover back the investment? Show Answer

Q143) If the internet rates per hour have to be dropped drastically to Rs. 20 per hour in the fourth year of operation, what is Prabhat's expected profit for the calendar year 2010 assuming an average of 60% occupancy rate for the year? Show Answer

Q144) Assuming full occupancy, a bogey of which class exhibits the highest profit margin? Show Answer

Q145) Assuming full occupancy in all the classes, for a journey between Patna to Delhi, the profit margin (as a percentage of the running costs) of the class showing the lowest profit is approximately. Show Answer

Q146) What is the approximate profit for the railways in rupees if the Magadh Express runs at full occupancy on a particular day? Show Answer

Q147) If the Magadh Express runs at full occupancy on a particular day the percentage of the total profit that comes out of AC bogeys is (approximately). Show Answer

Q148) The highest revenue for a journey from Patna to Delhi will always be generated by Show Answer

Q149) A newspaper vendor sells three kinds of periodicals-dailies, weeklies and monthlies.
The weeklies sell for Rs. 12 at a profit of 20%, the monthlies sell for Rs. 50 at a profit of 25%, while the dailies sell at Rs. 3 at a profit of 50%. If there is a government restriction on the total number of periodicals that one particular news vendor, can sell, and Kalu a newspaper vendor, has sufficient demand for all the three types of periodicals, what should he do to maximise profits? Show Answer

Q150) The weeklies sell for Rs. 12 at a profit of 20%, the monthlies sell for Rs. 50 at a profit of 25%, while the dailies sell at Rs. 3 at a profit of 50%. If there is a government restriction on the total number of periodicals that one particular news vendor, can sell, and Kalu a newspaper vendor, has sufficient demand for all the three types of periodicals. Without the restriction what should the newspaper vendor do to maximise his profits if his capital is limited? Show Answer

Q151) Which of the three fruits yields him the maximum percentage profit? Show Answer

Q152) If he adds oranges, which he buys at Rs. 180 per hundred and sells at Rs. 33 per dozen, what can be his maximum profit on a particular day if he invests Rs. 1800 in purchasing fruits everyday and he sells everything that he buys? Show Answer

Q153) If the fruit vendor hires you as a consultant and pays you 20% of his profit in the month of July 2006 as a services charge, what can be the maximum fees that you will get for your consultancy charges? Show Answer

Q154) What is the approximate minimum advertising booking required if the newspaper has to break-even on a particular day. (Assume there is no wastage.) Show Answer

Q155) If it is known that the newspaper house is unable to recover 20% of its dues, what would be the approximate advertising booking target on a particular day in order to ensure the break-even point? Show Answer

Q156) Two oranges, three bananas and four apples cost Rs. 25. Three oranges, two bananas and one apple cost Rs. 20. I bought 3 oranges, 3 bananas and 3 apples. How much did I pay? Show Answer

Q157) If he is able to sell only 1,000 out of 1,500 watches he has made in the season, then he has made a profit of: Show Answer

Q158) If he produces 2000 watches, what is the number of watches that he must sell during the season (to the nearest 100) in order to break-even, given that he is able to sell all the watches produced? Show Answer

Q159) A stockist wants to make some profit by selling oil. He contemplates about various methods. Which of the following would maximise his profit?
I. Sell oil at 20% profit.
II. Use 800 g of weight instead of 1 kg
III. Mix 20% impurities in oil and selling it at cost price.
IV. Increase the price by 10% and reduce weights by 10%. Show Answer

Q160) A shop sells ball point pens and refills. It used to sell refills for 50 paise each, but there were hardly any takers. When he reduced the price, the remaining refiles were sold out enabling the shopkeeper to realize Rs. 35.89. How many refiles were sold at the reduced price? Show Answer

Q161) Rambilas, a rice merchant does not think much of ethical practice and neither does he think too much about his reputation; his only aim is to earn as much profit as possible. Which of the following would serve his purpose best?
I. Fixing selling price one-eighth above the cost price.
II. Mix stones (available for free) 12.5% by weight and fixing selling price at cost price.
III. Use an 8.75 kg weight for 10 kg weight and selling at cost price.
IV. Selling 15/16 th only, by cheating, of the weight kept on balance and fixing the selling price 6.25% above cost price. Show Answer

Q162) The selling price and the cost price of an article which is being sold at a profit have increased by r% YOY for a period of 3 years. Which of the following statements summarizes the effect of the inflationary pressure?
Show Answer

Q163) The evergreen shrubs at Ramesh's nursery are planted in rows on a square plot of land measuring 2,401 sq. ft. The shrubs are planted in such a manner that the centers of the shrubs are 7 ft. apart and the outer shrubs are planned along the edges of the plot, with a shrub at each corner. Ramesh spend $1792 to cover all the costs necessary for raising this crop of the evergreen shrubs. If Ramesh succeeds in selling each shrub for $63, his profit will be what percentage of his total cost? Show Answer

Q164) Chashmish is repaid a loan that he had given to Mucchad such that each year the amount he gets is 1/20 lesser than what he got in the previous year. Mucchad being a sly person, decides to give Chashmish Rs. 2500 as a lump sum and not pay anything later. Who gains from this agreement and what is the breakeven value, if the initial installment is Rs. 100? (Consider no time value of money.) Show Answer

Q165) NTPC Gas power plant in Dibyapur can produce upto 120 MW of power every month. The cost of the power is partly fixed and partly varying. The cost is Rs. 250 million, when 80 MW are produced and it is Rs. 300 million, when 100 MW is produced. On the other hand, the part of selling price per unit goes on decreasing linearly as more power is consumed. The selling rate per unit is Rs. 3.30 at 80 MW sell and it is Rs. 3.20, when 100 MW power is sold. What will be the profit or loss when it produces 110 MW of power and sells it all? Show Answer