Question : A man bought 20 dozen eggs for Rs. 720. What should be the selling price of each egg if he wants to make a profit of 20%?
Option 1: Rs. 3.25
Option 2: Rs. 3.30
Option 3: Rs. 3.50
Option 4: Rs. 3.60
Correct Answer: Rs. 3.60
Solution : The cost price of 20 dozen eggs = Rs. 720 Cost of 1 egg = $\frac{720}{20×12}$ = 3 Selling price at 20% profit $=\frac{100+\text{profit %}}{100}$ × Cost price $=\frac{120}{100}×3 = 3.60$ Hence, the correct answer is Rs. 3.60.
Result | Eligibility | Application | Selection Process | Cutoff | Admit Card | Preparation Tips
Question : A man bought an article and sold it at a gain of 10%. If he had bought the article at 20% less and sold it for Rs. 1,000 more, he would have made a profit of 40%. The earlier selling price of the article (in Rs.) is:
Question : By selling a fan for Rs. 1,900 a man has a loss of 5%, then at what price (in Rs) should he sell the fan to gain 20%:
Question : A man bought two bicycles for Rs. 3,000 each. If he sells one bicycle at a profit of 10%, then for how much percentage of profit should he sell the other bicycle so that he makes a profit of 20% on the whole?
Question : Swati sold a bag to Ankita at a gain of 15%. Aashi bought this bag from Ankita for Rs. 24,840. Ankita earned a profit of 20%. At what price would Swati have bought the bag?
Question : A man bought an article and sold it at a gain of 10%. If he had bought the article at 20% less and sold it for INR 1,000 more, he would have made a profit of 40%. The cost price of the article (in INR) is:
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile