Profit & Loss Mcqs


Q.  Let C.P. = Rs. 4x. Then, S.P. = Rs. 5x

Gain = (5x – 4x) = Rs. x
Gain % = (x * 100)/ 4x = 25%.


a. Rs. 400
b. Rs. 440
c. Rs. 500
d. Rs. 550


ANSWER: See Answer
 
Let the C.P. be Rs. x. Then, 20% of x = 1100

20/100 * x = 1100 => x = 5500
C.P. = Rs. 5500, expenditure on repairs = 10%
Actual price = Rs. (100 * 5500)/110 = Rs. 5000
Expenditures on repairs = (5500 – 5000) = Rs. 500.
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