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NIMCET Profit And Loss PYQ


NIMCET PYQ
A dealer offers a cash discount of 20% and still makes a profit of 20%, when he further allows 16 articles to a dozen to a particularly sticky bargainer. How much percent above the actual price price were his was the listed price of the article?





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NIMCET Previous Year PYQNIMCET NIMCET 2019 PYQ

Solution

Let the cost price (CP) be x.
As dealer makes a profit of 20%, 
selling price (SP) = 1.2x
But the dealer incurs loss by selling 16 articles at the cost of 12 articles.
So, SP of 16 articles = CP of 12 articles
Loss = 25%
Now, SP = 1.6x
80% of marked (or list) price (MP) = 1.6x
MP = 2x
Hence, list price is 100% above cost price.

NIMCET PYQ
A dealer offers sells half of the eggs that he has and another half an egg to Anurag. Then he sells half of the balance eggs and another half an egg to Deepak. Then he sells half of the balance eggs and another half an egg to Sivani. In the end he is left with just 7 eggs and he claims that he never broke an egg. How many eggs did he start with?





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Solution




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