NIMCET Profit Loss And Discount Previous Year Questions (PYQs)
A Place for Latest Exam wise Questions, Videos, Previous Year Papers,
Study Stuff for MCA Examinations
Study Stuff for MCA Examinations
Showing 3 questions
Ritu purchased 20 dozen of bananas at the rate of Rs. 375 per dozen. she sold each one of them at the rate of Rs. 33. What was her profit percentage?
1
2
3
4
Solution
Ritu's Profit Percentage on Bananas
Step 1: Ritu purchased 20 dozen bananas.
Cost per dozen = ₹375
Total cost price (CP) = 20 × 375 = ₹7500
Total number of bananas = 20 × 12 = 240
Selling price (SP) per banana = ₹33
Total SP = 240 × 33 = ₹7920
Step 2: Calculate Profit
Profit = SP − CP = 7920 − 7500 = ₹420
Profit % = (Profit / CP) × 100 = (420 / 7500) × 100 = 5.6%
✅ Final Answer: 5.6%
After allowing 20% cash discount, a
trader still earns a profit of 11.11%. How much above the cost price, the
trader marks his goods?
1
2
3
4
Solution
Profit & Discount Problem: Marked Price vs Cost Price
Given:
- Cash Discount = 20%
- Profit = 11.11% (i.e., 1/9 of Cost Price)
Step-by-Step:
- Assume Cost Price = ₹100
- Then Selling Price = ₹111.11
- SP = 80% of Marked Price ⇒ MP = (111.11 × 100) / 80 = ₹138.89
- Markup = ₹138.89 − ₹100 = ₹38.89
✅ Final Answer: The trader marks the goods 38.89% above the cost price.
Aryan bought 100 shares of a company
at Rs. 50 per share. He paid a brokerage fee of 2% on the purchase. Later, he
sold all the shares at Rs. 55 per share and paid a brokerage fee of 2% on the sale.
What is Aryan’s net profit percentage on his investment?
1
2
3
4
Solution
Share Market Math: Net Profit with Brokerage
Buying:
- 100 shares at ₹50 each = ₹5,000
- Brokerage (2%) = ₹100
- Total Cost Price = ₹5,100
Selling:
- 100 shares at ₹55 each = ₹5,500
- Brokerage (2%) = ₹110
- Net Selling Price = ₹5,390
Profit:
- Profit = ₹5,390 − ₹5,100 = ₹290
- Profit % = (290 / 5100) × 100 ≈ 5.69%
✅ Final Answer: Net profit percentage is 5.69%
NIMCET
Online Test Series, Information About Examination,
Syllabus, Notification
and More.
View More
NIMCET
Online Test Series, Information About Examination,
Syllabus, Notification
and More.
View More
Ask Your Question or Put Your Review.
