Instead of a metre scale, a cloth merchant uses a 120 cm scale while buying, but uses an 80 cm scale while selling the same cloth. If he offers a discount of 20% on cash payment, what is his overall percent profit ?
Correct Answer : A
P,Q and R enter into a partnership with capitals in the ratio 3:2:1. After 4 months, P leaves the business and after 4 more months Q also leaves the business and R continues till the end of the year. If R takes 10% of the profit for managing the business, then what part of the profit does R get?
A shopkeeper sells some toys at Rs 250 each. To find out what per cent profit he makes, which of the following information given in statements A and B is/are necessary
A. Number of toys sold
B. Cost price of each toy
Mantu starts a month with provisions expected to last for the entire month. After few days, it is discovered that the provisions will, in fact short by 12 days and it is calculated that if the stock of provisions left is immediately tripled, it will be possible to exactly make up for the shortfall. If the stock of provisions left is doubled instead of being tripled, and simultaneously the strength of the Mantu is decreased by 25%, then the provisions will fall short by