HirePro Profit and Loss Quiz-1

Solution:
CP of 1st bicycle =x
Then CP of 2nd bicycle is 750-x.
Their SP be \frac{122}{100}*x and \frac{92}{100}*(750-x)
Given that there is no profit no loss.
\frac{122}{100}*x + \frac{92}{100}*(750-x) =750
122x +750*92 -92x=750*100
122x – 92x=750*100 – 750*92
30x = 750 * (100-92)
x=200.
SP of 1st bicycle =\frac{122}{100} *200=Rs244

Solution:
Let the CP of item A be x
CP of item B is x+200.
\frac{(\frac{120}{100}*x)}{(x+200)*\frac{70}{100}} =\frac{6}{7}
\frac{120x}{(x+200)*70}=\frac{6}{7}
\frac{20x}{10(x+200)}=1
x=Rs200.
CP of item B is 200+200 =Rs40

Solution:
Mango=X;. Grape = Y; Apple =Z ;
2X+3Y+4Z= 15— 1
3X+2Y+Z= 10— 2
Adding (1) and (2)
5X+5Y+5Z= 25
Clearly, X+ Y+Z = 5.
So cost of 3 Mangoes, 3 grapes and 3
apples will be 3X+3Y+3Z i.e, 15

Solution:
Total cost to produced 1500 watches = (1500 \times 150 + 30000) = Rs. 2,55,000
Let he sells x watches during the season, therefore
number of watches sold after the season = (1500 – x)
250\times x + (1500 – x) \times100 = 150x + 150000
Now, break-even is achieved if production cost is equal to the selling price.
150x + 150000 = 2,55,000 x = 700

Solution:
MP=\frac{120}{(\frac{80}{100})}=150
Now he is selling 16 goods to a dozen(ie 12), so his loss = {\frac{(16-12)}{16}} \times100 = 25%.
Then the actual MP =\frac{150}{(\frac{75}{100})}=200
Hence, he has marked the MP 100% above the CP.

Solution:
The total amount distributed among 55 officers = Rs.55\times12000 = Rs.6,60,000.
So Total amount received by Clerks = \frac{3}{5}\times660000=396,000
So Total Amount of profit earned =1,056,000

Solution:
The CP be
2120+1520=3640
\frac{3640}{2}=1820.
SP=1820*\frac{125}{100}=1820*\frac{5}{4}
=Rs2275

Solution:
The CP is 13000+3500+500=17000
Then SP
100% ==>17000
150% ? ==>(17000 \times \frac{150}{100})
= 25500

Solution:
Let C.P.= Rs. 100.
Then, Profit = Rs. 270,
S.P. = Rs. 370.
New C.P. = 130% of Rs. 100 = Rs. 130
New S.P. = Rs. 370.
Profit = Rs. (370 – 130) = Rs. 240
Required percentage = (\frac{240}{370}) * 100
= 64.86 =65%(approx)

Solution:
Let Abhinav bindra, Bill cosby and kanav be X,Y and Z respectively.
Let the CP = Rs.100. for X.
Y’s CP = Rs.60.
Z’s CP = Rs.84.
Finally, X’s CP = Rs.117.6.
:. X’s loss = 117.6 – 60 = Rs.57.6
:. X’s loss percent = 57.6%