A. No loss or gain
B. Loss of Rs. 1000
C. Gain of Rs. 1000
D. Gain of Rs. 2000
Explanation:
Loss% = (20/10)2 = (2)2 = 4%
Total S.P = Rs. 24000
Total C.P = Rs. (100/96 × 24000) = Rs. 25000
Loss = Rs. 1000
Related Mcqs:
- If goods be purchased for Rs.840 and one-fourth be sold at a loss of 20% at what gain percent should the remainder be sold so as to gain 20% on the whole transaction?
A. 30%
B. 33%
C. 33 1/3%
D. 35% - A man sells a horse for Rs.800 and loses something, if he had sold it for Rs.980, his gain would have been double the former loss. Find the cost price of the horse?
A. Rs.900
B. Rs.875
C. Rs.850
D. Rs.860 - I bought two books; for Rs.480. I sold one at a loss of 15% and other at a gain of 19% and then I found each book was sold at the same price. Find the cost of the book sold at a loss?
A. Rs.28
B. Rs.280
C. Rs.140
D. Rs.70 - A watch was sold at a loss of 10%. If it was sold for Rs.140 more, there would have been a gain of 4%. What is the cost price?
A. Rs.1000
B. Rs.1140
C. Rs.860
D. Rs.760 - The cost price of an article which on being sold at a gain of 12 % yields Rs. 6 more than when it is sold at a loss of 12 % is:
A. Rs. 30
B. Rs. 25
C. Rs. 24
D. Rs. 20 - A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the rate of interest be 10% per annum, then the man has a gain of:
A. 0%
B. 5%
C. 7.5%
D. 10% - A person purchases 90 clocks and sells 40 clocks at a gain of 10% and 50 clocks at a gain of 20%. If he sold all of them at a uniform profit of 15%, then he would have got Rs. 40 less. The cost price of each clock is:_________?
A. Rs.50
B. Rs.60
C. Rs.80
D. Rs.90 - Oranges are bought at 11 for a rupee and an equal number more at 9 a rupee. If these are sold at 10 for a rupee, find the loss or gain percent?
A. 1% gain
B. 2% gain
C. 1% loss
D. 2% loss - When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?
A. Rs. 21,000
B. Rs. 22,500
C. Rs. 25,300
D. Rs. 25,800 - There would be 10% loss if rice is sold at Rs. 5.40 per kg. At what price per kg should it be sold to earn a profit of 20%
A. Rs. 6
B. Rs. 6.48
C. Rs. 7.02
D. Rs. 7.20
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