A shop-keeper purchases 12 dozen eggs. But 1 dozen of them are rotten and hence he has to throw them away. If he sells the remaining at a make-up of 8.33%, find his profit percentage.

1.  No profit No loss

2.  7.28% profit

3.  4.16 profit

4.  1.44% loss

5.  0.7% loss

View Answer  
5
Correct Answer :

0.7\% loss


Explanation :
No Explanation available for this question

A shop-keeper, unaware that his balance reads 900 gms for 1000 gms, sells goods at a mark-up of 20%. Find his actual profit percentage.

1.  8%

2.  10%

3.  11.11%

4.  12%

5.  12.5%

View Answer  
5
Correct Answer :

8\%


Explanation :
No Explanation available for this question

A shop-keeper purchases his goods from a wholesaler whose balance reads 1100 gms for 1000 gms. The shop-keeper then sells his wares after marking up the prices by 10%. Find his overall profit or loss percentage

1.  0%

2.  1% loss

3.  1% profit

4.  215 profit

5.  19% loss

View Answer  
5
Correct Answer :

0\%


Explanation :
No Explanation available for this question

A trader uses a faulty 1 kg weight such that even after selling his goods at a discounted price of 10% of his rate of purchase, he manages to make a profit of 10%. Find the actual weight that the faulty 1 kg weight measures.

1.  1100 gms

2.  900 gms

3.   888.88 gms

4.  800 gms

5.  818.8 gms

View Answer  
5
Correct Answer :

818.8 gms


Explanation :
No Explanation available for this question

In summers, the meter scale of a cloth merchant expands by 25%. By what percentage should he make up the cloth so that even after giving a 10% discount on the list price, the merchant still makes a profit of 8%

1.  20%

2.  25%

3.  33.33%

4.  40%

5.  50%

View Answer  
5
Correct Answer :

50\%


Explanation :
No Explanation available for this question

A trader mixes 20% impurity in the rice that he is selling and he mark up the price further by 10%. Yet he makes no profit because he gives Y kgs extra on every X kgs bought. What is the ratio of Y and X

1.  25 : 33

2.  33 : 25

3.  8 : 25

4.  8 : 33

5.  cannot be determined

View Answer  
5
Correct Answer :

8 : 25


Explanation :
No Explanation available for this question

He then loans out Rs. 20,000 for 8 years at 7.5% rate of simple interest. He could loan out the balance only at 5.5% for 8 years. In the entire transaction, did Krishna make or lose money and how much

1.  Gain 400

2.  Gain 800

3.  No gain, No loss

4.  Loss 400

5.   Loss 800

View Answer  
5
Correct Answer :

Gain 800


Explanation :
No Explanation available for this question

In how many ways can 15 people be seated around two round tables with seating capacities of 7 and 8 people

1.  15!/(8!)

2.  15C8 * 8!

3.  7!*8!

4.  2*(15C7)*6!*7!

5.  

View Answer  
5
Correct Answer :

2*(15C7)*6!*7!


Explanation :
No Explanation available for this question

The underworld don Kranthi loans money to people at simple interest. He charges a certain rate of interest for the first year. Next year he doubles the initial rate of interest on the amount. Third year he triples the initial rate of interest and so on… A man took an amount of Rs. 9000 and after 3 yrs paid back an amount of Rs. 15000 back. What was the rate of interest in the first year

1.  9%

2.  9.09%

3.   10%

4.  11.11%

5.  12.5%

View Answer  
5
Correct Answer :

11.11\%


Explanation :
No Explanation available for this question

I needed Rs. 1, 20,000 to buy a Plasma TV and hence I borrowed Rs. 75,000 from Vikas and the rest from kalyan. Vikas and Kalyan charge me a rate of interest such that the interest amount payable to both of them is the same. If in all I re-pay them a total of Rs.1, 50,000 at the end of 2 years, what is the rate of interest charged per annum by the two

1.  10%, 20%

2.  12.5%, 20%

3.  10%, 16.66%

4.   12.5% 16.66%

5.  16.66%, 20%

View Answer  
5
Correct Answer :

10\%, 16.66\%


Explanation :
No Explanation available for this question
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