# QUESTIONS ON PROFIT & LOSS (PART-VI)

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## QUESTIONS ON PROFIT & LOSS (PART-VI)

#### QUERY 51

**On reducing the marked price of an article by Rs 32 a shopkeeper gains 15%. If the cost price of the article is Rs 320 and is sold at the marked price, what will be gain %?**

A) 22%

B) 22.75%

C) 25%

D) 30%

**MAHA GUPTA**

Gain if not stated otherwise is always on the cost price, therefore the gain at 15% = 15% of 320 = 48

Hence the selling price = 320 + 48 = 368. Obviously it’s the reduced marked price at which he sells the article earlier.

Hence the marked price = 368 + 32 = 400

But now he sells the article at the marked price

Therefore the gain now = 400 – 320 = 80

So percentage of gain = (80/320)*100 = 25% (option ‘C’)

#### QUERY 52

**A man usually buys goods from market A. In market B, he can get the same goods 10% cheaper. If he spends extra amount of Rs 55 on transportation and still saves Rs 145 by buying in market B. What does he pay for the goods?**

A) 550

B) 1450

C) 1800

D) 2000

**Dinesh Kumar**

Let x be the buying price of goods from market A, then

10% of x – 55 = 145

=> 10% of x = 200

=> x = 2000

Therefore he buys goods from market A for Rs 2000 (option ‘D’)

**sukhjinder dhiman**

@ dinesh

Book mein is ka ans 1800 Rs diya hua hai, kya ye wrong hai?

**Dinesh Kumar**

No bhai..may be they have given the amount he needs to buy the goods from market B…..then Rs.1800 will be right.

As in Market A if it is for Rs.2000

So the price of the goods in Market B = 2000 – 10% of 2000 = 1800