A manufacturer undertakes to supply 2000 pieces of a particular component at Rs. 25 per piece. According to his estimates, even if 5% fail to pass the quality tests, then he will make a profit of 25%. However, as it turned out, 50% of the components were rejected. What is the loss to the manufacturer?
Correct Answer : B
The ratio of the cost price and the selling price is 4 : 5. The profit percent is:
A man bought a number of clips at 3 for a rupee and an equal number at 2 for a rupee. At what price per dozen should he sell them to make a profit of 20%?
A grocer sells rice at a profit of 10% and uses weights which are 20% less than the market weight. The total gain earned by him will be: