Question : Shivani purchased five pens for INR 600. She sells these five pens at the rate of INR 50 per pen. What is the approximate loss percentage that Shivani incurred on selling the five pens?
Option 1: 58.33%
Option 2: 48.33%
Option 3: 53.33%
Option 4: 61.66%
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Correct Answer: 58.33%
Solution : Shivani purchased five pens for INR 600 She sells these five pens at the rate of INR 50 per pen Cost Price (CP) of five pens = INR 600 CP of 1 pen = $\frac{600}{5}$ = INR 120 Selling Price (SP) of 1 pen = INR 50 Loss = CP – SP = 120 - 50 = 70 per pen Loss % = $(\frac{\text{Loss}}{\text{CP}}) \times 100$ = $\frac{70}{120} \times 100$ = $\frac{7}{3} \times 25$ = $\frac{175}{3}$ = 58.33% Loss percentage = 58.33% Hence, the correct answer is 58.33%.
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Question : Vinay purchased two bottles for a total of INR 100, and he sells these two bottles at the rate of INR 100 per bottle. What is Vinay's overall profit percentage on selling the two bottles?
Option 1: 50%
Option 2: 100%
Option 3: 200%
Option 4: 80%
Question : The selling price of a book is INR 855. If the loss incurred through the sale is 10%, then what is the nominal amount of loss incurred?
Option 1: INR 85
Option 2: INR 90.5
Option 3: INR 85.5
Option 4: INR 95
Question : The cost prices of a pen and a notebook are INR 600 and INR 4,000, respectively. If the pen and the notebook are sold at losses of 20% and 32%, respectively, what will be the approximate percentage of total loss incurred through the two sales made?
Option 1: 21.40%
Option 2: 26.08%
Option 3: 30.43%
Option 4: 28.42%
Question : A person loses 20% on selling 80 pens for INR 40. What should be the selling price of 80 pens to earn a profit of 10%?
Option 1: INR 80
Option 2: INR 60
Option 3: INR 55
Option 4: INR 65
Question : A man buys a toy for INR 400 and sells it at a loss of 15%. What is the selling price of the toy?
Option 1: INR 350
Option 2: INR 340
Option 3: INR 370
Option 4: INR 360
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