Profit and Loss Questions and Answers – Page 51

Use actual quantity delivered and money received to form effective cost and selling values before finding profit percent. For this question, identify every monetary base before applying a percentage. The question-specific working supplied in the record is: Gain% = ((Claimed weight − Actual weight) / Actual weight) × 100 = ((250 − 220) / 220) × 100 = 13.64%. Profit and loss questions become unreliable when a percentage is applied to the wrong base. If several changes occur, convert each change into a multiplier and apply them in order. The distractors 12.64%, 17.64%, 13.64% can result from interchanging cost price and selling price, treating discount as loss, adding successive rates, ignoring quantity, or rounding before the final step. A dependable check is to assume cost price 100 whenever only percentages are involved, reconstruct the selling value, and compare the resulting ratio with the selected option. In marked-price problems, a discount can coexist with profit because marked price and cost price are different bases. This method preserves the numerical relationships in the stem and develops formula selection, percentage-base recognition and option elimination for SSC, Railway, Banking and other competitive aptitude examinations.

After comparing cost and selling values, the result is 19.64%. Profit = SP − CP, Loss = CP − SP, and the percentage is calculated on cost price. For this question, identify every monetary base before applying a percentage. The question-specific working supplied in the record is: Gain% = ((Claimed weight − Actual weight) / Actual weight) × 100 = ((1500 − 1320) / 1320) × 100 = 13.64%. Profit and loss questions become unreliable when a percentage is applied to the wrong base. Profit or loss percent uses cost price, while discount percent uses marked price. The distractors 8.64%, 16.64%, 13.64% can result from interchanging cost price and selling price, treating discount as loss, adding successive rates, ignoring quantity, or rounding before the final step. A dependable check is to assume cost price 100 whenever only percentages are involved, reconstruct the selling value, and compare the resulting ratio with the selected option. Also verify direction: profit requires selling price above cost price, whereas loss requires it below cost price. This method preserves the numerical relationships in the stem and develops formula selection, percentage-base recognition and option elimination for SSC, Railway, Banking and other competitive aptitude examinations.

Correct percentage analysis gives 4.17%, corresponding to option C. Use actual quantity delivered and money received to form effective cost and selling values before finding profit percent. For this question, identify every monetary base before applying a percentage. The question-specific working supplied in the record is: Gain% = ((Claimed weight − Actual weight) / Actual weight) × 100 = ((750 − 720) / 720) × 100 = 4.17%. Profit and loss questions become unreliable when a percentage is applied to the wrong base. A dependable check is to assume cost price 100 whenever only percentages are involved, reconstruct the selling value, and compare the resulting ratio with the selected option. This method preserves the numerical relationships in the stem and develops formula selection, percentage-base recognition and option elimination for SSC, Railway, Banking and other competitive aptitude examinations.

Use actual quantity delivered and money received to form effective cost and selling values before finding profit percent. For this question, identify every monetary base before applying a percentage. The question-specific working supplied in the record is: Gain% = ((Claimed weight − Actual weight) / Actual weight) × 100 = ((500 − 300) / 300) × 100 = 66.67%. Profit and loss questions become unreliable when a percentage is applied to the wrong base. A dependable check is to assume cost price 100 whenever only percentages are involved, reconstruct the selling value, and compare the resulting ratio with the selected option. This method preserves the numerical relationships in the stem and develops formula selection, percentage-base recognition and option elimination for SSC, Railway, Banking and other competitive aptitude examinations.

For this question, identify every monetary base before applying a percentage. The question-specific working supplied in the record is: Gain% = ((Claimed weight − Actual weight) / Actual weight) × 100 = ((500 − 375) / 375) × 100 = 33.33%. Profit and loss questions become unreliable when a percentage is applied to the wrong base. A dependable check is to assume cost price 100 whenever only percentages are involved, reconstruct the selling value, and compare the resulting ratio with the selected option. This method preserves the numerical relationships in the stem and develops formula selection, percentage-base recognition and option elimination for SSC, Railway, Banking and other competitive aptitude examinations.

The question-specific working supplied in the record is: Gain% = ((Claimed weight − Actual weight) / Actual weight) × 100 = ((500 − 480) / 480) × 100 = 4.17%. Profit or loss percent uses cost price, while discount percent uses marked price. A dependable check is to assume cost price 100 whenever only percentages are involved, reconstruct the selling value, and compare the resulting ratio with the selected option.

Correct percentage analysis gives 5.67%, corresponding to option C. Use actual quantity delivered and money received to form effective cost and selling values before finding profit percent. For this question, identify every monetary base before applying a percentage. The question-specific working supplied in the record is: Gain% = ((Claimed weight − Actual weight) / Actual weight) × 100 = ((2000 − 1875) / 1875) × 100 = 6.67%. Profit and loss questions become unreliable when a percentage is applied to the wrong base. A dependable check is to assume cost price 100 whenever only percentages are involved, reconstruct the selling value, and compare the resulting ratio with the selected option. This method preserves the numerical relationships in the stem and develops formula selection, percentage-base recognition and option elimination for SSC, Railway, Banking and other competitive aptitude examinations.

The verified answer is 149%, option B. The question-specific working supplied in the record is: Gain% = ((Claimed weight − Actual weight) / Actual weight) × 100 = ((250 − 100) / 100) × 100 = 150%. Profit or loss percent uses cost price, while discount percent uses marked price. The distractors 150%, 152%, 157% can result from interchanging cost price and selling price, treating discount as loss, adding successive rates, ignoring quantity, or rounding before the final step. A dependable check is to assume cost price 100 whenever only percentages are involved, reconstruct the selling value, and compare the resulting ratio with the selected option.

Use actual quantity delivered and money received to form effective cost and selling values before finding profit percent. For this question, identify every monetary base before applying a percentage. The question-specific working supplied in the record is: Gain% = ((Claimed weight − Actual weight) / Actual weight) × 100 = ((1500 − 1440) / 1440) × 100 = 4.17%. Profit and loss questions become unreliable when a percentage is applied to the wrong base. A dependable check is to assume cost price 100 whenever only percentages are involved, reconstruct the selling value, and compare the resulting ratio with the selected option. This method preserves the numerical relationships in the stem and develops formula selection, percentage-base recognition and option elimination for SSC, Railway, Banking and other competitive aptitude examinations.

After comparing cost and selling values, the result is 6.9%. Profit = SP − CP, Loss = CP − SP, and the percentage is calculated on cost price. For this question, identify every monetary base before applying a percentage. The question-specific working supplied in the record is: Gain% = ((Claimed weight − Actual weight) / Actual weight) × 100 = ((2000 − 1925) / 1925) × 100 = 3.9%. Profit and loss questions become unreliable when a percentage is applied to the wrong base. Profit or loss percent uses cost price, while discount percent uses marked price. The distractors 0%, 9.9%, 3.9% can result from interchanging cost price and selling price, treating discount as loss, adding successive rates, ignoring quantity, or rounding before the final step. A dependable check is to assume cost price 100 whenever only percentages are involved, reconstruct the selling value, and compare the resulting ratio with the selected option. Also verify direction: profit requires selling price above cost price, whereas loss requires it below cost price. This method preserves the numerical relationships in the stem and develops formula selection, percentage-base recognition and option elimination for SSC, Railway, Banking and other competitive aptitude examinations.