PE 3 - Profit & Loss | Arithmetic - Profit & Loss
Join our Telegram Channel for CAT/MBA Preparation.
I bought a book for Rs. 100. Then I sold it off to a friend for Rs. 150. But after a while I felt sorry that I sold it and bought it back for Rs.190. How much loss (in Rs) did I incur?
- (a)
No profit no loss
- (b)
50
- (c)
60
- (d)
40
Solution
Discuss
ReportAnswer the next 2 questions based on the information given below:
Ahaan, Vihaan and Riyaan run different shops selling wheat. All three of them sold wheat for Rs. 800 per ton in February and Rs. 1200 per ton in March. Their total sales were 25, 28 and 33 metric tons respectively during February-March. But their turnovers (i.e., revenues) were the same for the February-March period (Assume that all the sales are integral metric tons).
The total number of such possible cases is
- (a)
4
- (b)
5
- (c)
6
- (d)
10
The maximum that Riyaan can sell for Rs. 1200/ton is (in tonnage)
- (a)
2
- (b)
4
- (c)
6
- (d)
9
A bookseller sells only three books – A, B and C – on Sundays and their Selling Price are in the ratio 4 : 5 : 6 respectively. The bookseller makes 10%, 20% and 30% profit on selling A, B and C respectively. If the bookseller made an overall profit of 20% on a Sunday when he sold at least one copy of each of the three books, then which of the following statements is definitely true regarding that day?
- (a)
The number of copies of A sold was the same as the number of copies of C sold.
- (b)
The number of copies of A sold was more than the number of copies of C sold.
- (c)
The number of copies of A sold was less than the number of copies of C sold.
- (d)
None of these
A tradesman, by means of a false balance, defrauds 10% in buying goods and 10% in selling. What % does he gain on his outlay by his dishonesty if he professes to sell the goods at cost price?
- (a)
21.33%
- (b)
18.75%
- (c)
23.33%
- (d)
22.22%