By selling 36 oranges, a vendor suffers a loss equal to the selling price of 4 oranges. Find his loss percentage. MCQ with Answer and Explanation

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By selling 36 oranges, a vendor suffers a loss equal to the selling price of 4 oranges. Find his loss percentage.

A. 10%

B. 12.5%

C. 9.09%

D. 11.11%

Answer: Option A

Solution (By JKSSB Mock Tests)

Loss = Cost Price of 36 - Selling Price of 36. Loss = Selling Price of 4. Selling Price of 4 = Cost Price of 36 - Selling Price of 36. 40 * Selling Price = 36 * Cost Price. Selling Price / Cost Price = 36 / 40 = 9 / 10. Loss percentage = 10%.

This question belongs to: Maths Profit And Loss

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Question #1

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A man buys a dozen eggs for Rs. 36 and sells them at Rs. 4 per egg. What is the profit percentage?

A. 20%

B. 30%

C. 33.33%

D. 25%

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Correct Answer: Option C

Explanation:
CP per egg = 36/12 = 3. SP = 4. Profit = 1, profit% = 1/3*100 = 33.33%.

This question belongs to: Maths Profit And Loss

Question #2

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If the selling price of an article is Rs. 108 and the profit is 20%, find the cost price.

A. Rs. 95

B. Rs. 100

C. Rs. 90

D. Rs. 85

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Correct Answer: Option C

Explanation:
CP = 108 / 1.20 = 90.

This question belongs to: Maths Profit And Loss

Question #3

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A tradesman gives 4% discount on the marked price and gives 1 article free for buying every 15 articles and thus gains 35%. The marked price is increased above the cost price by:

A. 50%

B. 65%

C. 40%

D. 60%

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Correct Answer: Option A

Explanation:
Let MP of 1 article = 100. Customer gets 16 articles but pays for 15. Total paid = 15 * 96 (4% discount) = 1440. Total CP of 16 articles = 16x. SP = 1440. Profit = 35%. 1.35 * 16x = 1440. 21.6x = 1440. x = 1440 / 21.6 = 66.66. MP is 100. Increase % = ((100 - 66.66) / 66.66) * 100 = 50%.

This question belongs to: Maths Profit And Loss

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