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Comparing Quantities Test - 51

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Comparing Quantities Test - 51
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  • Question 1
    1 / -0
    If the cost price of $$14$$ articles is equal to the selling price of $$10$$ articles. What is profit per cent?
    Solution
    Let cost price of an article $$=  X\ Rs$$

    Cost price for 10 articles $$= 10X\ Rs$$

    Selling price for 10 articles $$=$$ Cost Price of 14 articles $$= 14X\ Rs$$ ( Given)

    So, Profit $$=$$ Selling price-Cost price $$=14X-10X=4X\ Rs$$

    $$\therefore Profit\ percentage=\dfrac{profit\times100}{Cost\ price}=\dfrac{4x\times100}{10x}=40\%$$
  • Question 2
    1 / -0
    An article cost Rs $$80$$ to the vendor. If he marks the article for $$50$$% more than the cost price and sells it $$25$$% less than the marked price. What is his gain percentage ?
    Solution
    Cost price $$= 80$$ Rs

    Since marked price is $$50\%$$ more than the cost price.

    $$\therefore MP=CP+50\%\ of\ CP=80+\dfrac{50\times 80}{100}=120\ Rs$$

    Discount $$=25\%$$

    $$\therefore SP=MP-Discount$$

    $$\Rightarrow SP=120-25\%\ of\ 120$$

    $$\Rightarrow SP=120-30=90\ Rs$$

    $$\therefore Gain=SP-CP=90-80=10\ Rs$$

    $$\Rightarrow Gain\ percentage=\dfrac{Gain\times 100}{CP}=\dfrac{10\times 100}{80}=\dfrac{25}{2}\%$$


  • Question 3
    1 / -0
    In terms of percentage profit, which among the following is the best transaction ?
  • Question 4
    1 / -0
    Joshita borrowed Rs. $$3,000$$ for $$3$$ years and had to pay Rs.$$ 1,000$$ simple interest at the end of that time. What rate of interest did she pay?
    Solution
    $$\Rightarrow$$  $$P=Rs.3000,\,T=3\,years$$ and $$S.I.=Rs.1000$$.
    $$\Rightarrow$$  $$S.I.=\dfrac{P\times R\times T}{100}$$

    $$\Rightarrow$$  $$1000=\dfrac{3000\times R\times 3}{100}$$

    $$\Rightarrow$$  $$R=\dfrac{1000}{90}$$

    $$\therefore$$    $$R=11.11\%$$
  • Question 5
    1 / -0
    Principal $$= 2500$$, rate $$= 6$$%, time$$= 4$$ years. Calculate the interest.
    Solution
    Simple interest $$=\dfrac{P \times R \times T}{100}$$
    $$=\dfrac{2500 \times 6 \times 4}{100} =600$$
    Therefor the interest is $$Rs  \ 600$$
  • Question 6
    1 / -0
    By selling on article for $$ Rs \  950$$, a man loses $$ 5 \%$$. If he had sold it for $$Rs. 1,220$$, the gain would be
    Solution
    Selling price of article $$= 950$$ Rs, Loss $$= 5\%$$

    We know that $$SP=CP-Loss$$

    $$\Rightarrow 950=CP-5\%\ of\ CP$$

    $$\Rightarrow 950=CP-0.05\times CP$$

    $$\Rightarrow 950=0.95\times CP$$

    $$\therefore CP=\dfrac{950}{0.95}=1000\ Rs$$

    Now, Selling Price $$(SP)= 1220$$ Rs

    Here $$SP > CP$$, there will be a profit.

    $$\therefore$$ Profit $$=SP-CP=1220-1000=220\ Rs$$

    $$\Rightarrow Profit\ percentage =\dfrac{Profit\times 100}{CP}=\dfrac{220\times 100}{1000}=22\%$$
  • Question 7
    1 / -0
    A sum of money at simple interest amounts to Rs. $$600$$ in $$2$$ years and to Rs. $$800$$ in $$4$$ years. The sum is:
  • Question 8
    1 / -0
    Principal + Amount - $$2 \times $$ principle = 
    Solution
    Principal + Amount - $$2 \times $$ principle 
    $$= \,P+A-2P$$
    $$=P+(P+I)-2P$$
    $$=P+P+I-2P$$
    $$=I$$
  • Question 9
    1 / -0
    Find the profit per cent or loss per cent made when the S.P. of 15 identical articles is equal to the C.P. of 25 articles.
    Solution
    Let the cost price of an article $$=  Rs.\ X$$

    Cost price for 15 articles $$= Rs.\ 15X$$

    Given: Selling price for 15 articles = Cost Price of 25 articles $$= Rs.\ 25X$$

    So, Profit $$=$$ Selling price $$-$$ Cost price

                    $$=25X-15X$$

                    $$=Rs.\ 10X$$

    $$\therefore $$ Profit percent $$=\dfrac{\mathrm{profit}\times100}{\mathrm{Cost\ price}}$$

                                 $$=\dfrac{10X\times100}{15X}$$

                                 $$=\dfrac{200}{3}$$

                                 $$=66\dfrac{2}{3}\%$$
  • Question 10
    1 / -0
    Convert $$\dfrac{16}{50}$$ into percentage.
    Solution
    $$\Rightarrow$$  We have to convert $$\dfrac{16}{50}$$ into percentage.
    $$\Rightarrow$$  $$\%=(\dfrac{16}{50}\times 100)\%$$

    $$\Rightarrow$$  $$\%=(16\times 2)\%$$

    $$\therefore$$    $$\%=32\%$$
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