Bissoy.com
Doctors Medicines MCQs Q&A

A dealer sold a laptop to P earning a profit of 12%. P used the laptop for many years, spent Rs. 2384 on its repair and sold it for Rs. 11000 to Q. Q further spent Rs. 8800 on its repair and sold it to the same dealer earning a profit of 5%. If the price at which the dealer bought the laptop from Q is 30% of the price at which he initially bought the laptop, then find the loss percentage of P. 

A dealer sold a laptop to P earning a profit of 12%. P used the laptop for many years, spent Rs. 2384 on its repair and sold it for Rs. 11000 to Q. Q further spent Rs. 8800 on its repair and sold it to the same dealer earning a profit of 5%. If the price at which the dealer bought the laptop from Q is 30% of the price at which he initially bought the laptop, then find the loss percentage of P.  Correct Answer 86.25%

Formula Used:

Loss percent = (CP - SP)/CP × 100

Given, Q bought the laptop for Rs. 11000, spent Rs. 8800 and sold it at a profit of 5%,

⇒ Cost price for Q = 11000 + 8800 = Rs. 19800

⇒ Selling price by Q = 19800 + 5% of 19800 = 19800 + 990 = Rs. 20790

This is the price at which the dealer bought the laptop from Q, which is 30% of its initial cost price

⇒ Price at which the dealer initially bought the laptop = 20790/0.3 = Rs. 69300

The dealer sold the laptop to P earning a profit of 12%,

⇒ Price at which P bought the laptop = 69300 + 12% of 69300 = 69300 + 8316 = Rs. 77616

But, he spent Rs. 2384 on its repair,

⇒ Total cost price of P = 77616 + 2384 = Rs. 80000

∵ P sold the laptop to Q for Rs. 11000,

∴ Loss % of P = × 100 = 345/4 = 86.25%

Related Questions

A sold a table to B at a profit of 40%, B sold it to D at a profit of 60%. W sold a chair L to X at the loss of 20%, X sold it to P at a loss of 30% and finally P sold it to G at a loss of 50%. Price at which D bought the table from B and the Price at which P bought the chair from X is same. If the price at which W bought the chair is Rs. 600, then at what price D bought table?
Given below are three quantities named 1, 2 and 3. Based on the given information, you have to determine the relationships between the three quantities. You should use the given data and knowledge of Mathematics to choose between the possible answer. The options represent the relations among the three quantities. A. < B. > C. ≤ D. ≥ E. = Quantity 1: A shopkeeper earns a profit of 24% if he sells a product for Rs.186. What will be his profit percentage, if he sells the product for Rs.180? Quantity 2: A shopkeeper marks the price of a product 50% above its cost price and sells it at a discount of 20%. What is his profit percentage? Quantity 3: Mahesh sold a laptop to Shyam making a profit of 10%. Shyam sold it to Keshav making a profit of 12%. Keshav sold the laptop to Shital at a profit of 15%. By how much percentage the price of the laptop is increased?
A company sold a bike worth Rs. 40000 to a dealer at a profit of 5%. The dealer sold it to a customer at a profit of 12%. After few years, the customer sold the bike back to the dealer at 25% loss. If the dealer sold the old bike to a new customer at 5% profit, at what price did the new customer bought the bike?
The pie chart given below shows the amount spent by a boy on the purchase of six different items. The total amount spent on all these six items is Rs. 54000. The amount spent on a specific item is represented as a degree with reference to the total amount spent on all these six items. Which of the following statement(s) is/are correct? I. The amount spent on article A is Rs.900 less than the amount spent on article B. II. The amount spent on article C is Rs 2400 more than the amount spent on article D. III. The ratio of the amount spent on article B to the amount spent on article E is 4 : 1.
A dealer bought a product and sold it to a shopkeeper, who further sold it to a customer, such that the dealer and the shopkeeper marked the price of the product 25% and 40% above the cost price respectively, and sold the product giving a discount of 10% and 25% respectively. If the dealer bought the product for Rs. 1680, at what price did the shopkeeper sold the product to the customer?
A plywood factory sells plywood to a dealer earning a profit of 16%. The dealer further sells it to a shopkeeper earning a profit of 25%. When the manufacturing cost of the plywood increased by 25%, the factory again took its profit by 25%, and the dealer took his profit by 12%. If the shopkeeper has to pay Rs. 4230 more for the plywood, what is the new manufacturing cost of plywood?
X sold a car to Y at cost price + 30% of cost price. Y further sold the same car to Z for Rs. 550000 earning a profit of 10% on cost price. Z used car for two years charging the depreciation at the rate of 10% per annum with original cost method. After two years he sold the car at a price which is less than 5% of the original value of the car (Cost price of car at which it is purchased by X). Calculate the profit earned or loss suffered by Z.
Each of the question below consists of a question and three statements number I, II and III given below it. You have to decide whether the data provided in the statement are sufficient to answer the question. What is selling price of Bed if Dealer sells at a profit of 15%? I. Dealer marks bed 60% above cost price and allow a discount of 25%. If no discount is offered then he would get Rs. 1920 more profit. II. Dealer marks bed 75% above cost price and after allowing two successive discount of 20% sold to Simmu, Simmu sold it to Jayesh for Rs. 6720 and claims of profit 25%. III. Dealer marks bed 75% above cost price and after allowing a discount of 25% sells it to customer. If he allows an addition discount of 20% he would get Rs 1260 less.
The table given below presents the profit (in multiple of thousand rupees) of a firm for the years 2010 – 2018. By how much percentage is the average profit of the years 2015 – 2017 greater than the profit of 2012? Years Profit of a firm 2010 7500 2011 7000 2012 8000 2013 8500 2014 9500 2015 11000 2016 8000 2017 11000 2018 11500
The bar graph given below shows the cost price and selling price of 5 articles. Profit amount = Selling price – Cost price Loss amount = Cost price – Selling price Profit percent/Loss percent = [(Profit/Loss)/Cost price] × 100 Which of the following statement(s) is/are not correct? I. If the cost price of A and E gets interchanged, then there will be a loss of 24 percent on E. II. Profit earned on D is 25 percent.