profit and loss concepts - Interview Questions

profit and loss concepts

If books bought at prices ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs. 300 to Rs. 425, what is the greatest possible profit that might be made in selling eight books ?

Answer : D . 1800

A trader mixes 26 kg of rice at Rs.20 per kg with 30 kg of rice of other variety at Rs.36 per kg and sells the mixture at Rs.30 per kg. His profit percent is ?

Answer : B. 5%

When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15% ?

Answer : C. Rs. 25,300

The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is ?

Answer : B . 16