English
Hindi

Question

Download Solution PDF

A shopkeeper bought 245 articles at 30 per article and spent ₹ 2,450 on their packages. He sold these articles at ₹ 50 per article. The percentage profit earned by him was:

This question was previously asked in
MPPGCL JE Electrical 19 March 2019 Shift 2 Official Paper
Download PDF Attempt in App
View all MPPGCL Junior Engineer Papers >
  1. 20%
  2. 22.5%
  3. 25%
  4. 27.5%

Answer (Detailed Solution Below)

Option 3 : 25%
Free Tests
View all Free tests >
Free
MPPGCL JE Electrical Full Test 1
100 Qs. 100 Marks 120 Mins
Start Now

Detailed Solution

Download Solution PDF

Given:

Cost price per article = ₹30

Number of articles = 245

Packaging cost = ₹2,450

Selling price per article = ₹50

Formula Used:

Calculation:

Total Cost Price (CP) = Cost price per article × Number of articles + Packaging cost

Total Cost Price (CP) = 30 × 245 + 2450

Total Cost Price (CP) = 7350 + 2450

Total Cost Price (CP) = 9800

Total Selling Price (SP) = Selling price per article × Number of articles

Total Selling Price (SP) = 50 × 245

Total Selling Price (SP) = 12250

Profit = Total Selling Price - Total Cost Price

Profit = 12250 - 9800

Profit = 2450

Percentage Profit = 

Percentage Profit = 25%.

The percentage profit earned by him was 25%.

Download Solution PDF
Latest MPPGCL Junior Engineer Updates

Last updated on May 29, 2025

-> MPPGCL Junior Engineer result PDF has been released at the offiical website.

-> The MPPGCL Junior Engineer Exam Date has been announced.

-> The MPPGCL Junior Engineer Notification was released for 284 vacancies.

-> Candidates can apply online from 23rd December 2024 to 24th January 2025.

-> The selection process includes a Computer Based Test and Document Verification.

-> Candidates can check the MPPGCL JE Previous Year Papers which helps to understand the difficulty level of the exam.

‹‹ Previous Ques
Next Ques ››
Exams Tests Super Practice

More Successive Selling Questions

Q1.When item sold at Rs. 1400 then there is profit percent is 40%. Find the profit amount when item sold at Rs. 1345?
Q2.A mobile is sold for $15825 at a loss of 25% What would have been the actual profit or loss percent on it, if it had been sold for $25320? 
Q3.Safia calculated his loss percent as 14\(\frac{2}{7}\)% on cost price. The ratio of selling price to cost price will be:
Q4.Arun buys an old car for ₹4,75,000 and spends ₹80,000 on its repairs. If he sells the car for ₹5,85,000, find his gain percentage. (Rounded up to two decimal places)
Q5.A person bought 8 identical items for a total of 20. If he sells each of these for Rs2.6, his profit percentage will be ______ %.
Q6.A man sells a mobile phone for 600 and incurs some loss. If he had sold it at 1140, his profit would have been 4 times his loss. What is the purchase price (in th) of the mobile phone?
Q7.A man buys each of two items Rs. Sells for 3600. He gains 19% on the first but loses 18% on the second. What will be his total loss percentage (in %)?
Q8.A seller sells a shirt for Rs. 950 resulted in a 5% loss. He would have made x% profit on selling it for Rs.1600. Find the value of "x".
Q9.A man sold a sweater at a loss of 10% for ₹900. He also sold a pair of trousers at a profit of 25% for ₹760. Find his net profit (in ₹).
Q10.A shopkeeper bought an item for ₹400. He sold it at a profit of 25%. Then, the buyer sold it to another person at a loss of 10%. What is the final selling price?

More Profit and Loss Questions

Q1.M and R went for shopping and bought two sarees each at different cost. Cost price of saree bought by R is Rs.250 more than the cost price of saree bought by M. Shopkeeper earned a profit of 20% on selling both the sarees together to R and M which he bought them at total Rs.6000. At what cost did M buy saree?
Q2.When item sold at Rs. 1400 then there is profit percent is 40%. Find the profit amount when item sold at Rs. 1345?
Q3.Zoya invested certain amount and after 8 months her friend also joined her with double the Zoya’s investment. If the profit of Zoya’s friend is Rs. 5,584 then find the profit difference between Zoya and her friend.
Q4.A trader sells the article after two successive discounts of 31% and 32% respectively. If the marked price of the article is Rs. 31300, find the selling price.
Q5.A mobile is sold for $15825 at a loss of 25% What would have been the actual profit or loss percent on it, if it had been sold for $25320? 
Q6.Ajay and Baskar started a partnership business investing some amount in the ratio of 3∶5. Chand joined them after six months with an amount equal to that of Baskar. In what proportion should the profit at the end of one year be distributed among Ajay, Baskar and Chand?
Q7.A shopkeeper sells two bags for Rs.5500 each. On one, he gets 21% profit and on the other he gets 21% loss. Find his profit or loss percentage for the bags.
Q8.A smart TV was purchased for Rs. 158000. Its price was marked up by 15%. It was sold at a discount of 10% on the marked price. What was the profit percent of the smart TV?
Q9.When the article sold at the rate of Rs.21056 earned a profit of 24% more than that of the loss incurred when the same article sold at the rate of Rs.10528. Find the cost price of the article. (In Rs.)
Q10.A Kindle is sold for $1458 at a profit of 35%. What would have been the actual profit or loss on it, if it had been sold for $810?
Suggested Test Series
View All >
AE & JE Electrical Engg. Exams Previous Year Papers Mock Test
276 Total Tests with 9 Free Tests
Start Free Test
MP GK & Current Affairs (Important for All MP Exams)
92 Total Tests with   0 Free Tests
Start Free Test

More Quantitative Aptitude Questions

Q1.Perimeter of a rectangular field is equal to the perimeter of a triangular field whose sides are in the ratio 3:2:4 respectively. lf area of rectangular field is 500 m2 and sides are in the ratio 5:4 respectively, then calculate the longer side of the triangular field.
Q2.A cistern has an inlet pipe and an outlet pipe. Inlet pipe can fill three-fourth of the cistern in 24 minutes while outlet pipe can empty the one-third filled cistern in 16 minutes. If both the pipes are opened together, then the cistern will be completely filled in-
Q3.In a family, three sons were born for every 3 years one after the other. If the ratio of present ages of father and the eldest son is 15:7 and the average of the present ages of the 3 sons is 18 years. What will be the ratio of the ages of the father and the youngest son after 5 years?
Q4.Train A of length 80m while moving crosses a pole in 16 seconds. lf it is known that the lengths of train B and train A is in the ratio of 3:1, then how long would it take train B to cross a platform which is half the length of train A if the speed of train B is same as that of train A?
Q5.Can A and Can B contain a mixture of soda and water in the ratio of 5 : 3 and 7 : 2 respectively If soda and water are taken out in the ratio of P : Q from can A and B respectively to form a new mixture in which the ratio of soda and water is 12 : 5 respectively, then find the value Of P:Q?
Q6.A boat can covers a certain distance in upstream and same distance in downstream in total of 7 hours 48 minutes, If upstream speed of the boat is 62.5%. of downstream speed of the boat and speed of the stream is 3 km/h, what is the total distance covered by the boat?
Q7.M and R went for shopping and bought two sarees each at different cost. Cost price of saree bought by R is Rs.250 more than the cost price of saree bought by M. Shopkeeper earned a profit of 20% on selling both the sarees together to R and M which he bought them at total Rs.6000. At what cost did M buy saree?
Q8.There are three numbers m, n, and p, such that sum of m and n is 144, sum of thrice of n and five times of p is 464, and sum of p and m is 160, then what is the value of p?
Q9.While calculating average marks of 60 students, the two digits of original marks of a student are written reversed and thereby average of marks is increased by 0.6 Find the difference between the two digits of marks of the student?  
Q10.Simple interest received on a certain sum at a rate of simple interest of 5% for 2 years is Rs.780. If the rate of interest remains same, what will be the total amount at the time of withdrawal at the end of 5 years.  
Testbook Edu Solutions Pvt. Ltd.
1st & 2nd Floor, Zion Building,
Plot No. 273, Sector 10, Kharghar,
Navi Mumbai - 410210
support@testbook.com
Toll Free:1800 833 0800
Office Hours: 10 AM to 7 PM (all 7 days)
Company
About usCareers We are hiringTeach Online on TestbookPartnersMediaSitemap
Products
Test SeriesTestbook PassOnline CoursesOnline VideosPracticeBlogRefer & EarnBooks
Copyright © 2014-2022 Testbook Edu Solutions Pvt. Ltd.: All rights reserved
User PolicyTermsPrivacy
Hot Links： teen patti real cash game real teen patti teen patti yes teen patti real cash apk teen patti gold new version 2024