A milkman mixes 2 litres of water for every 6 litres of milk. The cost price of 1 litre of milk is Rs. 80. He marks up the price of the milk by 20% and gives a discount of 10% to the customers. Find the net profit percentage of the milkman.(Assume the cost of water to be negligible)
correct answer:-3
A book was sold at a price of 450 rupees after giving a discount of 25%. Instead of giving a discount, if the book seller sold it at a premium of 12.5%, find the selling price of the book.
correct answer:-2
While selling, a shopkeeper uses a weighing machine that shows 20% more than the actual weight and uses a normal machine while buying. He buys 50 gm of dal for Rs. 2 and a customer buys 24 gms for Rs. 1. If he professes to sell 24 gms, what is his profit percentage ?
correct answer:-1
The selling price of 12 pens is equal to the cost price of 15 pens. If the selling price is increased by 10%, what would be the next profit percentage on selling one pen?
correct answer:-4
Anul took a certain amount on a loan from the bank at 15% simple interest. He invests the amount in two halves at interest rates of 10% and 20% compounded annually. Anul takes his investments out after two years and pays back the bank's principal amount and interest. Investing the remaining amount at 20% compound interest rate (annually). What would be Anul's net profit percentage after 3 years since he first borrowed the amount from the bank?
correct answer:-4
Aman lends Rs.1,00,000 to Raghu at a rate of 20% compounded annually. At the same time, Ram lends Rs. 1,00,000 to Aman at a rate of 15% simple interest. Find the net profit for Aman, if both Raghu and Aman pay back the entire amount after 3 years.
correct answer:-3
Kushal borrowed ₹82,000 from HSBC under a unique repayment scheme. He plans to repay the loan over two years, with the payment at the end of the second year being three times the amount paid at the end of the first year. Given that the interest rate is 10% compounded annually, calculate the total interest paid over the two years.
correct answer:-5
A sum of money is invested at a compound interest rate of 20% per annum, compounded annually. After 3 years, the amount becomes Rs. 8,640. If the same amount had been invested at a rate of 40% per annum for the same duration, what would the amount have been after 2 years?
correct answer:-1
A man sells three motors for ₹5,400, ₹3,300 and ₹4,350 respectively. He makes 20% profit on the first and 10% profit on the second but on the whole, he loses 75/8%. What did the third motor car cost him ?
correct answer:-4
DIRECTION for the question: Solve the following question and mark the best possible option.
A shopkeeper offers 15% discount on all plastic toys. He offers a further discount of 4% on the reduced price to those customers who pay cash. What does a customer have to pay (in Rs.) in case for a toy of Rs 200?
correct answer:-1
There is 60% increase in an amount in 6 years at simple interest What will be the compound interest of Rs. 12,000 after 3 years at the same rate?
correct answer:-4
A seller offers his customer a discount of 30%. If the price is 50% above cost price, how much profit does the seller make?
correct answer:-3