(D) Let the original value of the article be $V = 100$.The cost price $(CP)$ is $10 \%$ less than its value: $CP = 100 - 10 = 90$.The selling price $(

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(D) Let the original value of the article be $V = 100$.The cost price $(CP)$ is $10 \%$ less than its value: $CP = 100 - 10 = 90$.The selling price $(SP)$ is $10 \%$ more than its value: $SP = 100 + 10 = 110$.Profit = $SP - CP = 110 - 90 = 20$.Profit percentage = $\frac{\text{Profit}}{CP} \times 100 = \frac{20}{90} \times 100 = \frac{200}{9} \% = 22 \frac{2}{9} \%$.Since $22 \frac{2}{9} \% > 20 \%$,the man makes more than $20 \%$ profit.

Competitive Quantitative Aptitude Profit and Loss Profit and Loss

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$A$ man buys an article for $10 \%$ less than its value and sells it for $10 \%$ more than its value. His gain or loss percent is

A
No profit,no loss
B
$20 \%$ profit
C
Less than $20 \%$ profit
D
More than $20 \%$ profit

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Profit and Loss

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Profit and Loss

$A$ man buys $300$ dozen of bananas for $Rs. 3,600$. He sold $1/3$ of the stock at a loss of $10\%$ and the remaining $2/3$ of the stock at a gain of $10\%$. Find his overall percent profit or loss.

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$A$ man loses $20 \frac{1}{2} \%$ of his money and after spending $80 \%$ of the remainder,he is left with $Rs. 159$. How much did he have at first? (in $Rs.$)

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$A$ fruit seller sells $\frac{3}{5}$ th part of fruit at a profit of $10 \%$ and the remaining at a loss of $5 \%$. If the total profit is $Rs. 1500$,then what is the total cost price of the fruit in $Rs.$?

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In a certain store, the profit is $320 \%$ of the cost. If the cost increases by $25 \%$ but the selling price remains constant, approximately what percentage of the selling price is the profit?

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$A$ shopkeeper sold two bicycles for $Rs. 1500$ each. On one,he gains $25\%$ and on the other he loses $20\%$. His gain or loss per cent in the whole transaction is

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$A$ man buys an article for $10 \%$ less than its value and sells it for $10 \%$ more than its value. His gain or loss percent is

Similar Questions

$A$ man buys $300$ dozen of bananas for $Rs. 3,600$. He sold $1/3$ of the stock at a loss of $10\%$ and the remaining $2/3$ of the stock at a gain of $10\%$. Find his overall percent profit or loss.

$A$ man loses $20 \frac{1}{2} \%$ of his money and after spending $80 \%$ of the remainder,he is left with $Rs. 159$. How much did he have at first? (in $Rs.$)

$A$ fruit seller sells $\frac{3}{5}$ th part of fruit at a profit of $10 \%$ and the remaining at a loss of $5 \%$. If the total profit is $Rs. 1500$,then what is the total cost price of the fruit in $Rs.$?

In a certain store, the profit is $320 \%$ of the cost. If the cost increases by $25 \%$ but the selling price remains constant, approximately what percentage of the selling price is the profit?

$A$ shopkeeper sold two bicycles for $Rs. 1500$ each. On one,he gains $25\%$ and on the other he loses $20\%$. His gain or loss per cent in the whole transaction is

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