• Call Us : 03082533000 (WhatsApp)
  • Email Us : TestPointpk.com@gmail.com
Testpoint Whatsapp group Testpoint Whatsapp group
Sticky Note
Profit % question (10% less buy, 10% more sell)?
  1. 10%
  2. 20%
  3. 22.22%
  4. 15%
Explanation

Assume originally:

  • Bought 100 items for Rs.100
    So, Cost Price (CP) per item = Rs.1

Now buys 10% less:

  • 10% less than 100 = 90 items
  • Still spends Rs.100

So new CP per item:

Now sells 10% more:

  • 10% more than 100 = 110 items

Assume selling rate is Rs.1 per item.

So total Selling Price:

Profit:

Profit percentage formula:

Profit/ Cost Price ​×100

Substitute values:

That approach looks tempting, but it ignores that buying fewer changes the cost per item. The correct combined effect is:

=left(frac{20}{90}right)times100=22.22%

Related MCQs

An item is purchased for Rs. 44,000 and sold for Rs. 48,000. Find the profit percentage.
  1. 8.09%
  2. 9.09%
  3. 10%
  4. 12%
اس سوال کو وضاحت کے ساتھ پڑھیں
An article is purchased for Rs. 450 and sold for Rs. 495. Find the gain percent.
  1. 10%
  2. 20%
  3. 25%
  4. 30%
اس سوال کو وضاحت کے ساتھ پڑھیں
Three markers and one pen cost Rs. 340. Four markers and two pens cost Rs. 560. What is the price of one pen?
  1. Rs. 120
  2. Rs. 140
  3. Rs. 160
  4. Rs. 180
اس سوال کو وضاحت کے ساتھ پڑھیں
2 kg of almonds cost the same as 8 kg of walnuts. If 5 kg of almonds and 16 kg of walnuts cost Rs. 1060, what is the price of 1 kg of almonds?
  1. Rs. 118
  2. Rs. 120
  3. Rs. 100
  4. None of above
اس سوال کو وضاحت کے ساتھ پڑھیں
X sold a property for Rs. 96,000 to Y at a 20% profit. Y then sold the property to Z at a 20% loss. For how much did Z buy the property?
  1. Rs. 76,800
  2. Rs. 96,000
  3. Rs. 90,000
  4. Rs. 1,00,000
اس سوال کو وضاحت کے ساتھ پڑھیں
Test Point Whatsapp Channel

All Rights Reserved © TestPointpk.com