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Amit sold a smartphone for ₹5000, incurring a loss of 8%. What was the cost price of the smartphone?- a)₹5434.7
- b)₹5200
- c)₹5600
- d)₹5800
Correct answer is option 'A'. Can you explain this answer?
Amit sold a smartphone for ₹5000, incurring a loss of 8%. What was the cost price of the smartphone?
a)
₹5434.7
b)
₹5200
c)
₹5600
d)
₹5800
|
Ravi dey answered |
To find the cost price of the smartphone, we need to use the formula:
Selling Price = Cost Price - Loss
Given that the selling price of the smartphone is $5000 and there is a loss of 8%, we can substitute these values into the formula:
5000 = Cost Price - (8/100) * Cost Price
Simplifying the equation:
5000 = Cost Price - 0.08 * Cost Price
Combining like terms:
5000 = 0.92 * Cost Price
Dividing both sides by 0.92:
Cost Price = 5000 / 0.92
Cost Price = 5434.78 (rounded to the nearest penny)
Therefore, the cost price of the smartphone is $5434.78.
So, the correct answer is option 'A' (5434.7).
Selling Price = Cost Price - Loss
Given that the selling price of the smartphone is $5000 and there is a loss of 8%, we can substitute these values into the formula:
5000 = Cost Price - (8/100) * Cost Price
Simplifying the equation:
5000 = Cost Price - 0.08 * Cost Price
Combining like terms:
5000 = 0.92 * Cost Price
Dividing both sides by 0.92:
Cost Price = 5000 / 0.92
Cost Price = 5434.78 (rounded to the nearest penny)
Therefore, the cost price of the smartphone is $5434.78.
So, the correct answer is option 'A' (5434.7).
Rajesh bought a shirt for ₹600 and sold it at a profit of 20%. What was his total earnings from the sale?- a)₹680
- b)₹700
- c)₹720
- d)₹750
Correct answer is option 'C'. Can you explain this answer?
Rajesh bought a shirt for ₹600 and sold it at a profit of 20%. What was his total earnings from the sale?
a)
₹680
b)
₹700
c)
₹720
d)
₹750
|
|
Aditi Sharma answered |
Profit amount = (Profit Percentage / 100) × Cost Price = (20/100) × 600 = ₹120
Total earnings = Cost Price + Profit = 600 + 120 = ₹720
Total earnings = Cost Price + Profit = 600 + 120 = ₹720
A bicycle was bought for ₹3000 and sold at a profit of 20%. What was the selling price of the bicycle?- a)₹3400
- b)₹3600
- c)₹3800
- d)₹4200
Correct answer is option 'B'. Can you explain this answer?
A bicycle was bought for ₹3000 and sold at a profit of 20%. What was the selling price of the bicycle?
a)
₹3400
b)
₹3600
c)
₹3800
d)
₹4200
|
|
Aditi Sharma answered |
Profit amount = (Profit Percentage / 100) × Cost Price = (20/100) × 3000 = ₹600
Selling Price = Cost Price + Profit = 3000 + 600 = ₹3600
Selling Price = Cost Price + Profit = 3000 + 600 = ₹3600
Sita bought a toy for ₹200 and sold it for ₹250. What is her profit percentage?- a)15%
- b)20%
- c)25%
- d)30%
Correct answer is option 'C'. Can you explain this answer?
Sita bought a toy for ₹200 and sold it for ₹250. What is her profit percentage?
a)
15%
b)
20%
c)
25%
d)
30%
|
|
Aditi Sharma answered |
Profit percentage = ((Selling Price - Cost Price) / Cost Price) × 100 = ((250 - 200) / 200) × 100 = (50 / 200) × 100 = 25%
Priya bought a pair of shoes for ₹800 and sold them at a profit of 15%. What was her profit in rupees?- a)₹120
- b)₹110
- c)₹115
- d)₹105
Correct answer is option 'A'. Can you explain this answer?
Priya bought a pair of shoes for ₹800 and sold them at a profit of 15%. What was her profit in rupees?
a)
₹120
b)
₹110
c)
₹115
d)
₹105
|
Eduskill Classes answered |
Profit amount = (Profit Percentage / 100) × Cost Price
= (15/100) × ₹800 = ₹120.
Therefore, her profit was ₹120.
Rahul bought a football for ₹250 and later sold it at a loss of 12%. How much did he sell it for?
- a)₹240
- b)₹210
- c)₹230
- d)₹220
Correct answer is option 'D'. Can you explain this answer?
Rahul bought a football for ₹250 and later sold it at a loss of 12%. How much did he sell it for?
a)
₹240
b)
₹210
c)
₹230
d)
₹220
|
|
Aditi Sharma answered |
Loss amount = (Loss Percentage / 100) × Cost Price = (12/100) × 250 = ₹30
Selling Price = Cost Price - Loss = 250 - 30 = ₹240
Selling Price = Cost Price - Loss = 250 - 30 = ₹240
A shopkeeper sold a watch for ₹450, making a profit of 25%. What was the cost price of the watch?- a)₹350
- b)₹360
- c)₹380
- d)₹400
Correct answer is option 'B'. Can you explain this answer?
A shopkeeper sold a watch for ₹450, making a profit of 25%. What was the cost price of the watch?
a)
₹350
b)
₹360
c)
₹380
d)
₹400
|
|
Aditi Sharma answered |
Cost Price = Selling Price / (1 + Profit Percentage) = 450 / (1 + 25/100) = 450 / 1.25 = ₹360
Raju sold a book for ₹180 and incurred a loss of ₹20. What was the cost price of the book?- a)₹160
- b)₹190
- c)₹200
- d)₹210
Correct answer is option 'C'. Can you explain this answer?
Raju sold a book for ₹180 and incurred a loss of ₹20. What was the cost price of the book?
a)
₹160
b)
₹190
c)
₹200
d)
₹210
|
|
Aditi Sharma answered |
Cost Price = Selling Price + Loss = 180 + 20 = ₹200
A shopkeeper bought 10 boxes of chocolates for ₹400. He sold each box at a profit of ₹20. What was his total profit percentage?- a)20%
- b)40%
- c)50%
- d)60%
Correct answer is option 'C'. Can you explain this answer?
A shopkeeper bought 10 boxes of chocolates for ₹400. He sold each box at a profit of ₹20. What was his total profit percentage?
a)
20%
b)
40%
c)
50%
d)
60%
|
|
Akash Tiwari answered |
Cost price per box = ₹400 ÷ 10 = ₹40. Profit per box = ₹20. Profit percentage per box = (20 ÷ 40) × 100 = 50%. Equivalently, total profit = 20 × 10 = ₹200; total profit percentage = (200 ÷ 400) × 100 = 50%.
Meera bought a dress for ₹600 and sold it at a loss of 15%. What was the selling price of the dress?- a)₹510
- b)₹520
- c)₹570
- d)₹630
Correct answer is option 'A'. Can you explain this answer?
Meera bought a dress for ₹600 and sold it at a loss of 15%. What was the selling price of the dress?
a)
₹510
b)
₹520
c)
₹570
d)
₹630
|
|
Aditi Sharma answered |
Loss amount = (Loss Percentage / 100) × Cost Price = (15/100) × 600 = ₹90
Selling Price = Cost Price - Loss = 600 - 90 = ₹510
Selling Price = Cost Price - Loss = 600 - 90 = ₹510
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