A. 4 1/6 %
B. 6 1/6 %
C. 8 1/3 %
D. 20 %
Explanation:
C.P. of 1 kg = 420/7 = Rs. 6
S.P. of 1 kg = Rs. 6.50
Gain % = 0.50/6 * 100 = 25/3 = 8 1/3 %
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% - Haroon purchased 30 kg of wheat at the rate of Rs. 11.50 per kg and 20 kg of wheat at the rate of 14.25 per kg. He mixed the two and sold the mixture. Approximately what price per kg should be sell the mixture to make 30% profit?
A. Rs. 14.80
B. Rs. 15.40
C. Rs. 15.60
D. Rs. 16.30
E. Rs. 18.20 - A dealer purchased an article at 3/4 of its list price and sold 50% more than the list price. Find his gain percent?
A. 75%
B. 50%
C. 100%
D. 80% - Samad purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit?
A. 3.5
B. 4.5
C. 5.6
D. 6.5 - By selling an umbrella for Rs. 300, a shop keeper gains 20%. During a clearance sale, the shopkeeper allows a discount of 10% on the marked price. His gain percent during the sale is:________?
A. 7
B. 7.5
C. 8
D. 9 - 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% - Rayyan purchased a refrigerator and a mobile phone for Rs. 15000 and Rs. 8000 respectively. He sold the refrigerator at a loss of 4 percent and the mobile phone at a profit of 10 percent. Overall he make a________?
A. loss of Rs. 200
B. loss of Rs. 100
C. profit of Rs. 100
D. profit of Rs. 200
E. None of these - By mixing two brands of tea and selling the mixture at the rate of Rs. 177 per kg. a shopkeeper makes a profit of 18%. If to every 2 kg of one brand costing Rs. 200 per kg, 3 kg of the other brand is added, then how much per kg does the other brand cost?
A. Rs. 110
B. Rs. 120
C. Rs. 140
D. None of these - A fruit vendor purchased 20 dozens of bananas at Rs. 15 per dozen. But one-fourth of the bananas were rotten and had to be thrown away. He sold two-third of the remaining bananas at Rs. 22.50 per dozen. At what price per dozen should he sell the remaining bananas to make neither a profit nor a loss?
A. Rs. 20
B. Rs. 15
C. Rs. 22.50
D. Rs. 7.50
E. None of these - A shopkeeper loses 15%, if an article is sold for Rs. 102. What should be the selling price of the article to gain 20%?
A. Rs. 150
B. Rs. 144
C. Rs. 138
D. Rs. 132
E. None of these
