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# a dealer paid a car manufacturer rs. 1,35,000 for a car. what should be the selling price of the car, if after allowing a buyer 10 % discount on the selling price, he made a profit of 8 % on his outlay?

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get a dealer paid a car manufacturer rs. 1,35,000 for a car. what should be the selling price of the car, if after allowing a buyer 10 % discount on the selling price, he made a profit of 8 % on his outlay? from screen.

## Questions on Profit and Loss

Know the various tips and tricks to solve the questions based on profit and loss. It will help you to improve your score in this section. The answer and explanation are given for each question.

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## Profit & Loss Practice Problems: Level 02

Learn to solve the tricky questions based on profit & loss. The answer key and explanations are given for the practice questions.

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Q.1. A dealer paid a car manufacturer Rs. 1,35,000 for a car. What should be the selling price of the car, if after allowing a buyer 10 % discount on the selling price, he made a profit of 8 % on his outlay?

A. Rs. 150,000 B. Rs. 1,60,000 C. Rs. 1,62,000 D. Rs. 1,52,500 E. Rs. 1,40,000

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Q.2. A merchant supplied a dealer with goods at a profit of 10 %. The dealer however became bankrupt and could pay only 72 p. in the rupee. How much percent did the merchant lose?

A. 20.8 % B. 15.6 % C. 25.4 % D. 16.50 % E. 17%

Q.3. A man purchases two pens for Rs. 740. He sells one at 12 % profit and the other at a 8 % loss. Then he neither gains nor loses. Find the cost price of each pen (in Rs.).

A. 324, 416 B. 296, 444 C. 288, 452 D. 365, 375 E. 272, 468

Q.4. A man sells a TV set for Rs. 4,800 and makes a profit of 20 %. He sells another TV at a loss of 16 %. If on the whole, he neither gains nor loses, find the selling price of the second TV set.

A. Rs. 3,800 B. Rs. 4,400 C. Rs. 4,200 D. Rs. 4,600 E. Rs. 3,500

Q.5. Parveen bought 80 kg of rice for Rs. 760 and sold it at a loss of as much money as he received for 15 kg rice. At which price did he sell the rice?

A. Rs. 9 / kg B. Rs. 8 / kg C. Rs. 8.5 / kg D. Rs. 10 / kg E. Rs. 10.6 / kg

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Profit & Loss: Basic Concepts

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Profit & Loss Practice Questions: Level 02

Q.6. After selling a watch, Mihir found that he had made a loss of 12 %. He also found that had he sold it for Rs. 45 more, he would have made a profit of 8 %. The actual initial loss was what percentage of the profit earned, had he sold the watch for 8 % profit?

A. 66.67 % B. 145 % C. 150 % D. 160 % E. 180%

Q.7. The profit earned when an article is sold for Rs. 1050 is 14 times the loss incurred when it is sold for Rs. 375. At what price should the article be sold if it is desired to make a profit of 20 %?

A. Rs. 410 B. Rs. 420 C. Rs. 504 D. Rs. 475 E. Rs. 495

Q8. A man sells an article at a profit of 8 per cent. If the cost price were 10 per cent less and the selling price Rs. 18 less, his profit would have been 15 per cent. Find the cost price of the article.

A. Rs. 430 B. Rs. 450 C. Rs. 220 D. Rs. 380 E. Rs. 400

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Q9. A dishonest dealer professes to sell his goods at a profit of 15 percent and also weighs 833.33 grams in place of a kg. Find his actual gain percent.

A. 32 % gain B. 38% gain C. 42 % gain D. No gain no loss E. 40 % gain

Q10. A tradesman sells his goods at a price 20 % above what they cost him. If his overhead expenses are Rs. 33,200 per annum, what must be his annual receipts on the goods sold, so that 10 % of his receipts may be net profit?

A. Rs. 4,32,000 B. Rs. 4,50,000 C. Rs. 4,98,000 D. Rs. 6,62,000 E. Rs. 5,41,000

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### Problems on Numbers System : Level 02

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## [Solved] A car dealer purchased an old car Rs. 1,08,500 and spent som

CP of the car = 1,08,500 Let the amount spent on car maintenance be Rs. x, then SP of the car = 1,56,250 Price of the car after maintenance = 1,56250 ×

Home Quantitative Aptitude Profit and Loss Discount and MP

## A car dealer purchased an old car Rs. 1,08,500 and spent some amount on its maintenance. He sold it for Rs. 1,56, 250, thereby earning a profit of 25%. How money did he spend on the maintenance of the car?

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Rs. 47,750 Rs. 20,650 Rs. 16,500 Rs. 8,687,7.5

Option 3 : Rs. 16,500

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## Detailed Solution

CP of the car = 1,08,500

Let the amount spent on car maintenance be Rs. x, then

SP of the car = 1,56,250

Price of the car after maintenance = 1,56250 × 100/125

Price of the car after maintenance = 1,25,000

x = 1,25,000 - 1,08,500

⇒ x = 16,500

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Last updated on Sep 21, 2022

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## More Discount and MP Questions

Q1. A smart TV was purchased for Rs. 155000. Its price was marked up by 35%. It was sold at a discount of 20% on the marked price. What was the profit percent of the smart TV?Q2. A radio is listed at ₹500 with a discount of 10%. What additional discount must be offered to the customer to bring the net price to ₹423?Q3. A person buys an item from a shop for which the shopkeeper offers a discount of 10% on the marked price. The person pays using an e-wallet which gives 10% cash back. Which one of the following is the value of effective discount?Q4. The marked price of an article is Rs. x. A shopkeeper sells it by giving two successive discounts of 15% and 10%. If payment is made by a credit card, a further 5% discount is also allowed. A customer buys it using credit card for Rs. 697.68. What is the value of x?Q5. Reena bought a mobile phone at a discount of 20%. Had the discount received was 25%, she would have saved ₹2,000 more. How much did she pay (in ₹) for the mobile phone?Q6. Raj bought a shirt and saved Rs. 20 when a discount of 25% was given. What was the price of the shirt before the discount?Q7. 'Buy three, get two free'. What is the percentage of discount being offered here?.Q8. A shopkeeper gives two successive discounts of 7% each on the marked price of Rs. 20,000 of an article. The selling price (in Rs.) of the article is :Q9. A shopkeeper marks his goods to gain 30%. But he allows 10% discount for down cash payment. His profit percent isQ10. Mohan buys an article for discount of 20% on the market price. He makes a profit of 15% by selling it at Rs. 1,104. What is the market price of the article?

## More Profit and Loss Questions

Q1. A man buys 2 dozen bananas at Rs.16 per dozen. After selling 18 bananas at the rate of Rs.12 per dozen, the shopkeeper reduced the rate to Rs.4 per dozen. Find the loss percentage.Q2. A started a business with an initial investment of Rs.21,000. Some month later B joins the business with Rs 36,000. At the end of the year they shared the profits equally. After how many months B entered into partnership with A?Q3. A trader sells two watches at Rs. 2000 each. If he gains 25% on one watch and loses 20% on the other, then So how much profit or loss does he make?Q4. If a fruit seller sells 100 bananas and makes a profit equal to the selling price of 20 bananas, what is his profit?Q5. Arjun and Bhaskar started a business by investing Rs 40,000 and Rs 60,000 respectively. Arjun's share of profit at the end of the year was Rs.10,000. What was the total profit?Q6. Raj Kumar sold 2 calculators at Rs 990 each. On one calculator he made a profit of 10% and on another calculator, he made a loss of 10%. What is his profit or loss in the transaction?Q7. Ajay and Babu entered into a partnership investing Rs. 16000 and Rs. 12000, respectively. After 3 months, Ajay withdrew Rs. 5000 and Babu invested Rs. 5000 more. What will be the respective profit-sharing ratio of Ajay and Babu?

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## A man bought a car Rs 60,000 and spent 10 % if the cost of the car for the purchase of the new tyre. At what price should sell the car make a gain of 15 % ?

Click here👆to get an answer to your question ✍️ A man bought a car Rs 60,000 and spent 10 % if the cost of the car for the purchase of the new tyre. At what price should sell the car make a gain of 15 % ?

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## A man bought a car Rs 60,000 and spent 10% if the cost of the car for the purchase of the new tyre. At what price should sell the car make a gain of 15%?

Medium Open in App Solution Verified by Toppr

Let x be the selling price of car.

Cost price of car =60000+

100 10 ​

×60000=60000+6000=66000

According to the question-

x=66000+ 100 15 ​

×66000=66000+9900=75900

The car must be sell for Rs.75900 to gain 15%.