EASY
Andhra Pradesh State Cooperative Bank Assistant
IMPORTANT
Earn 100

At a cricket match, the contractor provided dinner for 24 persons, and fixed the price so as to gain 1212% upon his total outlay. Three of the cricketers being absent, the remaining 21 paid the fixed price for their dinner and as such the contractor lost 1. What was the charge of the dinner?

100% studentsanswered this correctly

Important Questions on Profit and Loss

EASY
Andhra Pradesh State Cooperative Bank Assistant
IMPORTANT
A merchant buys 200 kilograms of rice at 1.25 per kilogram and 400 kilograms of rice at 0.75 per kilogram. He mixes them and sells one-third of the mixture at 1 per kilogram. At what rate should he sell the remaining mixture so that he may earn a profit of 25% on the whole outlay?
EASY
Andhra Pradesh State Cooperative Bank Assistant
IMPORTANT
The price of an article was increased by p%. Later, the new price was decreased by p%. If the latest price is 1, the original price was _____.
EASY
Andhra Pradesh State Cooperative Bank Assistant
IMPORTANT
A businessman sells an old machine for 1150 after earning some profit. Had he sold it for 910, his loss would have been 75th of the profit. What was the cost price of the machine?