Wipro
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Numerical Ability
Profit and Loss
If the cost price of 20 articles is equal to the selling price of 16 articles. What is the percentage of profit or loss that the merchant makes?
A. 20% profit
B. 25% profit
C. 33.33% Loss
D. 25% Loss
E. 30% Profit
Read Solution (Total 11)
-
- cp of 20 articles=sp of 16 articles
! !
100 100
let each articles prices is 1 RS
cp=20
sp=16
gain=sp-cp
20-16=4
gain % = 4*100/16 =25% - 9 years agoHelpfull: Yes(5) No(1)
- let cp of 20 articles = rs x.
then c.p of 1 article = x/20
similarly sp of 16 articles is also rs x as mentioned.
then sp of 1 article = x/16
then loss % = [(x/16-x/20)/(x/20)]* 100=25% - 11 years agoHelpfull: Yes(3) No(7)
- let cp of 1 article is 100
then cp of 20 article is 20*100=2000
a/q 20*100=16*s
=>s=2000/16
=>s=125
then sp of 20 article is 20*125=2500
now
profit %=(2500-2000)*100/2000=25%
so B is correct option - 10 years agoHelpfull: Yes(2) No(2)
- GIVEN AS
cost price of 20=selling price of 16
it means
cp is greater then sp (cp>sp)
hence
in articles in case of loss take sp on denominator on
loss %= (cp-sp/sp)*100
=(20-16/16)*100
=25%
- 9 years agoHelpfull: Yes(2) No(2)
- let be suppose the cp is 160 so that the cp of one item is 8 rupee and sp is 10 rupee theirfore the profit is 2 rupee and 25% of 8 rupee is 2 so that the correct answer is B.
- 6 years agoHelpfull: Yes(1) No(0)
- here,We know that,
CP of 20 articles is 16 articals of SP
therefore,
there is 4 articles which are profitable (20-16=4)
so, %P=4/16*100;
=25% profit. - 5 years agoHelpfull: Yes(1) No(0)
- Let the cost price of 1 article be $1.
Therefore, cost price of 20 articles = 20 * 1 = $20
The selling price of 25 articles = cost price of 20 articles = $20.
Now, we know the selling price of 25 articles. Let us find the cost price of 25 articles.
Cost price of 25 articles = 25 * 1 = $25.
Therefore, profit made on sale of 25 articles = Selling price of 25 articles - cost price of 25 articles
= 20 - 25 = -$5.
As the profit is in the negative, the merchant has made a loss of $5.
Therefore, % loss = loss/cp * 100
% loss = -5/25 * 100 = 20% loss. - 6 years agoHelpfull: Yes(0) No(3)
- m=20
n=16
formula=m-n/n*100
20-16/16*100=25% profit - 5 years agoHelpfull: Yes(0) No(0)
- the answer to this question is 25%
- 5 years agoHelpfull: Yes(0) No(0)
- B)
LET THE C.P OF THE 20 ARTICLE=100
SO ONE ARTICLE PRICE=100/20=5
S.P OF 16 ARTICLE IS 100
SO S,P OF THE 1 ARTICLE=100/16=5/4
HERE S,P>C.P SO WE HAVE PROFIT IN THIS CASE
SP PROFIT%=S.P-C.P*100/C.P
PROFIT%=25% - 4 years agoHelpfull: Yes(0) No(0)
- cp of 20 articles=sp of 16 articles
let the cp of 1 article = 1 Rs
CP od 20 articles =20 Rs
20 Rs = 16 * ( SP of 1 article ) { since cp of 20 articles = sp of 16 articles }
SP of 1 article = 20/16 = 1.25 Rs
profit% = [(SP - CP)/ CP] * 100
= [(1.25-1)/1] * 100
= 0.25 * 100 = 25
Therefore profit % = 25%
Option [B] is the correct answer. - 2 years agoHelpfull: Yes(0) No(0)
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