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Comparing Quantities Test - 18

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Comparing Quantities Test - 18
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  • Question 1
    1 / -0
    By selling a T.V for Rs.$$1,064$$ a man gains $$12$$%. At what price did he buy the T.V?
    Solution
    Let $$CP=x$$
    Gain $$=\cfrac{12}{100}x=\cfrac{3x}{25}$$
    SP$$=\cfrac{3x}{25}+x=\cfrac{28x}{25}$$
     $$\Rightarrow$$ $$\cfrac{28x}{25}+x=\cfrac{28x}{25}$$
    $$\Rightarrow$$ $$\cfrac{28x}{25}=1,064$$
    $$\Rightarrow$$ $$x=$$ Rs.$$950$$
  • Question 2
    1 / -0
    By giving a discount of 10% on the marked price of Rs 1,100 of a sewing machine a dealer gains 10%, then the cost price is
    Solution
    Market price $$= 1100$$
    Discount of $$10\%$$ is given on marked price,
    So selling price will be$$=1100-1100\times \dfrac { 10 }{ 100 } $$
    $$=\left( 1100-110 \right)$$
    $$ =990$$
    Even after giving discount of $$10\%$$,  dealer gains $$10\%$$ on cost price,
    If selling price is $$110$$, cost price will be $$100$$
    If selling price is $$990$$, cost price will be$$=\dfrac { 100 }{ 110 } \times 990$$
    $$=900$$
    Cost price is $$Rs 900$$
  • Question 3
    1 / -0
    If the cost price of 18 chairs is equal to selling price of 16 chairs, then the gain percent is
    Solution
    Let the cost price of $$1$$ chair be Rs $$100$$
    cost price of $$16$$ chairs will be Rs $$1600$$
    Cost price of $$18$$ chair will be Rs $$1800$$
    Given that cost price of $$18$$ chairs will be equal to  selling price of $$16$$ chairs
    Gain on $$16$$ chairs will be $$(1800-1600)=Rs200$$
     Gain Percent$$=\dfrac { Gain }{ Cost\quad Price } \times 100$$
     $$=\dfrac { 200 }{ 1600 } \times 100$$
    $$=12.5\%$$
    Gain percant will be $$12.5\%$$
  • Question 4
    1 / -0
    Which of the following statement is incorrect
    Solution
    $$\textbf{Step 1: Check which of the following statements is correct.}$$

                  $$\text{As we know that, }$$
                  $$\text{If cost price(C.P) is greater than the selling price(S.P), then seller incurred a loss,}$$
                  $$\text{and If cost price(C.P) is less than the selling price(S.P), then seller incurred a profit.}$$
                  
                  $$\text{Therefore, Statements A,C are correct and D is incorrect.}$$

    $$\textbf{Hence, option D is correct answer.}$$
  • Question 5
    1 / -0
    A machine listed at Rs. $$8400$$ is available for Rs. $$6300$$. Find the rate of discount offered.
    Solution
    Listed price of machine $$= 8400$$, available price of machine $$= 6300$$
    Discount offered $$=$$ $$8400-6300=$$ Rs. $$2100$$
    Discount $$\%=\dfrac{2100}{8400} \times100\%=25\%$$
  • Question 6
    1 / -0
    John estimated that the repairs to his car would cost $$200$$ rupees. In fact they cost $$350$$ rupees. What was the percentage error?
    Solution
    Given that: Expected repair of car= $$200$$
    Actual cost of repair = $$ 350$$
    Percentage of error: $$\dfrac{Absolute \ value - exact \ value}{Exact \ value} \times 100$$
    $$= \dfrac{350 - 200}{350} \times{100}$$
    $$= 42.85 $$ %
  • Question 7
    1 / -0
    You expected to get $$50$$ gifts for your birthday, but you only got $$32$$. What was the percentage error?
    Solution
    Given, absolute value $$=50$$, exact value $$=32$$
    Percentage error $$=$$ $$\left | \dfrac{Absolute \space\ value - exact \space\ value}{exact\space\ value} \right |\times 100$$ $$\%$$
    $$=$$ $$\left | \dfrac{50 - 32}{32} \right |\times 100$$ $$\%$$
    $$=$$ $$\left | \dfrac{ 18}{32} \right |\times 100$$ $$\%$$
    $$=$$ $$\left | 0.5625\right |\times 100$$ $$\%$$
    $$= 56.25\%$$
  • Question 8
    1 / -0
    The price at which an article is purchased is called its
    Solution
    The price/cost at which an article is purchased is called its Cost Price, or CP.
    Hence, option B is correct.
  • Question 9
    1 / -0
    Cost of $$5$$ pens is Rs. $$15$$. Find the cost price of $$100$$ pens.
    Solution
    Cost of $$5$$ pens $$=Rs. 15$$
    Cost of $$1$$ pen $$=Rs. \dfrac{15}{5}=Rs. 3$$
    Cost of $$100$$ pens $$=Rs, \begin{bmatrix}3\times100\end{bmatrix}=Rs. 300$$
  • Question 10
    1 / -0
    Sam purchased $$20$$ dozens of toys at the rate of $$Rs. 375$$ per dozen. He sold each one of them at the rate of $$Rs. 33$$. What was his percentage profit?
    Solution
    Cost Price of $$1$$ toy $$= Rs. \left (\dfrac {375}{12}\right ) = Rs. 31.25$$
    Selling Price of $$1\ toy = Rs. 33$$
    So, $$Gain = Rs. (33 - 31.25) = Rs. 1.75$$
    $$\therefore Profit$$% $$= \left (\dfrac {1.75}{31.25} \times 100\right )$$% $$= \dfrac {28}{5}$$% $$= 5.6$$%
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