What is the profit percentage if 12 bananas are sold at the cost price of 28 bananas?

• Aptitude
• Profit and Loss

Correct Answer:

Description for Correct answer:
6SP = 8CP

\( \Large \frac{SP}{CP}=\frac{4}{3}> \)1---Profit

P = 1

profit % \( \Large =\frac{1}{3} \times 100 =33\frac{1}{3}\% \)

Part of solved Profit and Loss questions and answers : >> Aptitude >> Profit and Loss

Multiple Choice Questions

161.The selling price of 6 bananas is equal to the cost price of 8 bananas. Then the percentage of profit is20%25%30%

B.

Required Profit percentage:
 

40 Views

162.

If the ratio of the cost price and the selling price of an article be 4 : 5, then the percentage of profit is 

• 

• 25%

• 15%

• 10%

B.

25%

Let the cost price of article  = 4x
           selling price of article  = 5x

40 Views

163.

A man bought 25 creates of oranges for Rs 10,000/-. He lost 5 crates. In order to earn a total profit of 25% of the total cost, he would have to sell each of the remaining crates at:

• Rs 650/-

• Rs 625/-

• Rs 600/-

• Rs 575/-

B.

Rs 625/-

Purchased crates = 25
Lost crates = 5 
Net crates = (25 - 5) = 20 crates.
Let he sells remaining crates at Rs. x/-
Now, according to the question,

94 Views

164.

If the successive discounts be 20%, 10% and 5%, then the single equivalent rate of discount is

• 31.6%

• 31.5%

• 31%

• 31.4%

A.

31.6%

Single equivalent  = 

43 Views

165.

A dealer allows a discount of 15%. A customer pays an amount of Rs 318.75 for an article. At what price is the article listed?

• Rs 366.50

• Rs 375.00

• Rs 350.00

• Rs 431.25

B.

Rs 375.00

Let the marked price of the article be Rs x
According to the question,

67 Views

166.

At what percentage above the cost price must an article be marked so as to gain 33% after allowing a customer a discount of 5%?

• 40%

• 45%

• 35%

• 47%

A.

40%

Shortcut Method:

62 Views

167.

A man buys a table and chair for Rs. 500/-. He sells the table at a loss of 10% and chair at a gain of 10%. He still gains Rs. 10/- on the whole. The cost price of chair (in Rs) is:

• Rs. 200

• Rs. 250

• Rs. 300

• Rs. 350

C.

Rs. 300

Total cost  = Rs. 500
Total gain  = Rs. 10 which equals = 2% on Rs. 500 
Thus, Common percentage = 2%
Loss on table  = 10%
Gain on chair =  10%
By percentage rule:
Ratio of cost of table and chair is given by:
Table :  Chair
(10 - 2)%  : (2-(-10)% = 8 : 12  = 2 : 3
∴  Cost price of chair:
             

327 Views

168.

A shopkeeper marks his goods 50% more than the cost price and allows a discount of 25%. His profit or loss percentage is:

• 37.5%

• 25.5%

• 12.5%

• 25%

C.

12.5%

Net percentage:

42 Views

169.

A basket contains 300 mangoes. 75 mangoes were distributed among some students. Find the percentage of mangoes left in the basket.

• 70%

• 72%

• 76%

• 75%

45 Views

170.

A dealer marks his goods 20% above cost price. He then allows some discount on it and makes a profit of 8%. The rate of discount is

• 4%

• 6%

• 10%

• 12%

C.

10%

Shortcut Method:

69 Views

What is the profit percentage of bananas?

What is the profit percentage if you buy bananas at the rate of Rs 10 dozen and sell them at the rate of 10 bananas at Rs 12?

How do you find the profit of a 25 on the selling price?

What percentage of the selling price would the profit be?