A man bought apples at rate of 6 for Rs.,20 and sold them at 4 for Rs., 16. His estimated profit % i

English

Gujarati

Hindi

7.Profit and Loss

medium

A man bought apples at the rate of 6 for $Rs.\,20$ and sold them at $4$ for $Rs.\, 16.$ His estimated profit $\%$ is

A

$23$

B

$18$

C

$20$

D

None of these

Solution

$\%$ profit $=\left(\frac{x w}{z y}-1\right) \times 100 \%=\left(\frac{6 \times 16}{4 \times 20}-1\right) \times 100 \%$

$=\frac{16}{80} \times 100 \%$

$=20 \%$

Standard 13

Quantitative Aptitude

Share

Similar Questions

A shopkeeper earns a profit of $12 \%$ on selling a book at $10 \%$ discount on the printed price. The ratio of the cost price and the printed price of the book is

medium

A reduction of $21 \%$ in the price of an item enables a person to buy $3\, Kg$ more for $Rs.\,100.$ The reduced price of the item per $Kg$ is (in $Rs.$)

hard

Profit obtained on selling an article for $Rs.\,310$ is equal to the loss incurred on selling that article for $Rs.\, 230.$ What will be the loss percentage when selling price is $Rs.\, 180$?

medium

By selling an article at $\frac{3}{4}^{t h}$ of the marked price, there is gain of $25 \%$. The ratio of the marked price and the cost price is

easy

When a plot was sold for $Rs$ $18700,$ the owner lost $15 \% .$ At what price must the plot be sold in order to gain $15 \% ?$

medium