HARD
Andhra Pradesh State Cooperative Bank PO
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 rupee. What was the charge of the dinner?

50% studentsanswered this correctly

Important Questions on Profit and Loss

MEDIUM
Andhra Pradesh State Cooperative Bank PO
IMPORTANT

A man bought a horse and a cart. If he sold the horse at 10% loss and the cart at 20% gain he would not loss anything. If he sold the horse at 5% loss and the cart at 5% gain he would loss Rs. 10 in the bargain. What did he pay for each?

HARD
Andhra Pradesh State Cooperative Bank PO
IMPORTANT

A merchant buys 200 kilograms of rice at Rs. 1.25 per kilogram, 400 kilograms of rice at 75 paise per kilogram. He mixes them and sells one third of the mixture at one rupee per kilogram. At what rate should he sell the remaining mixture so that he may earn a profit of 25% on the whole outlay?

HARD
Andhra Pradesh State Cooperative Bank PO
IMPORTANT
A man buys goods and finds that the cost of carriage is 4% on the cost of goods. He is compelled to sell at a loss of 5% of his total outlay. If he had received Rs. 32.50 more than he did, he would have gained 212%. What was the original cost of the goods?
HARD
Andhra Pradesh State Cooperative Bank PO
IMPORTANT
The price of an article was increased by p%. later the new price was decreased by p%. If the latest price is Rs. 1, the original price was?
HARD
Andhra Pradesh State Cooperative Bank PO
IMPORTANT
A businessman sells an old machine for Rs.1150 after taking some profit. Had it sold it for Rs. 910 his loss would have been 75 of the profit. What was the cost price of that machine?