The cost price per banana is 14/10 = Rs. 1.40. The selling price per banana is 15/12 = Rs. 1.25. Since the selling price is lower than the cost price, there is a loss. The loss amount is 1.40 - 1.25 = 0.15. The loss percentage is (0.15 / 1.40) * 100, which is approximately 10.71%. None of the provided options match this result.
682
A fan is sold for Rs. 475, resulting in a 5% loss. At what price should it be sold to achieve a 5% gain?
First, calculate the cost price (CP) by dividing the selling price by (1 - loss percentage). Thus, 475 divided by 0.95 equals 500. To achieve a 5% gain, calculate the new selling price by multiplying the CP by (1 + gain percentage). Therefore, 500 multiplied by 1.05 equals 525. The fan should be sold for Rs. 525.
683
A shirt is purchased for Rs. 500 and subsequently sold for Rs. 800. Calculate the profit percentage achieved on this transaction.
To find the profit percentage, first calculate the absolute profit by subtracting the cost price from the selling price: 800 - 500 = 300. Next, divide the profit by the cost price and multiply by 100: (300 / 500) * 100 = 0.6 * 100 = 60%. Therefore, the profit percentage is 60%.
684
Akbar purchased a firearm for Rs. 2500 and subsequently sold it for Rs. 900. Calculate his percentage loss on this transaction.
To calculate the percentage loss, we first determine the absolute loss by subtracting the selling price (Rs. 900) from the cost price (Rs. 2500), which equals Rs. 1600. We then divide this loss by the original cost price (Rs. 2500) and multiply by 100 to obtain the percentage, resulting in 64%.
685
A bookseller sells a book for Rs. 40.00, achieving a profit of 15%. What should the selling price be to achieve a profit of 20%?
To find the cost price (CP), divide the selling price by (1 + profit percentage). Here, CP = 40 / 1.15, which is approximately 34.7826. To earn a 20% profit, multiply the CP by 1.20. Calculating 34.7826 * 1.20 yields approximately 41.739, which rounds to Rs. 41.74. This calculation confirms the target selling price required to reach the desired profit margin.
686
Farid sold a book for Rs. 48, incurring a 4% loss. Calculate the original purchase price of the book.
If the selling price of Rs. 48 represents a 4% loss, then it is 96% of the original cost price. To find the cost price, divide 48 by 0.96, which equals 50. Therefore, the purchase price of the book was Rs. 50.
687
Ali purchased a watch for Rs. 350 and sold it for Rs. 392. Calculate his profit percentage.
The profit is calculated as Selling Price minus Cost Price, which is 392 - 350 = 42. The profit percentage is (Profit / Cost Price) * 100. So, (42 / 350) * 100 = 0.12 * 100 = 12%.
688
A merchant marks his merchandise 20% above the cost price. If he offers a 10% discount on the marked price, what is his total percentage profit?
Let the cost price be 100. The marked price is 120. A 10% discount on 120 is 12, so the selling price is 120 - 12 = 108. The profit is 108 - 100 = 8, which is an 8% profit.
689
Haris paid a property tax of Rs. 2,068 at a rate of 0.8%. What is the total value of the property?
The property tax is calculated as the property value multiplied by the tax rate. Let V be the property value. Then 0.008 * V = 2,068. To find V, divide 2,068 by 0.008. This calculation results in V = 258,500. Thus, the total worth of the property is Rs. 258,500.
690
A man purchases a computer for Rs. 7,000 and sells it for Rs. 11,500. Calculate the percentage profit earned on this transaction.
To calculate the percentage profit, subtract the cost price from the selling price to find the profit (11,500 - 7,000 = 4,500). Then, divide the profit by the cost price (4,500 / 7,000) and multiply by 100. This results in approximately 64.2857%, which rounds to 64.3%.
