Bissoy.com
Doctors Medicines MCQs Q&A

You are required the read the given question and the statements and then choose which of the following statement(s) is necessary to answer the question. What is the wholesale cost of a masala pack for the vender? A: The pack of 500 gm of masala was listed at a price that would have given the vender a profit of 30% on the wholesale cost. B: After a discount of 15% on the list price, the masala pack was sold for a net profit of Rs. 210 C: The masala was sold for Rs. 300 more than the wholesale cost.

You are required the read the given question and the statements and then choose which of the following statement(s) is necessary to answer the question. What is the wholesale cost of a masala pack for the vender? A: The pack of 500 gm of masala was listed at a price that would have given the vender a profit of 30% on the wholesale cost. B: After a discount of 15% on the list price, the masala pack was sold for a net profit of Rs. 210 C: The masala was sold for Rs. 300 more than the wholesale cost. Correct Answer Only A and B

Let the wholesale cost of the masala pack is x

From statement A

List price = 1.3x

From statement B

SP = 85% of list price

Profit = Rs. 210

From statement C

SP = wholesale cost + Rs. 300

From A and B

SP = 85/100 × 1.3x

⇒ SP = 1.105x 

Profit = SP - Wholesale Cost

210 = 1.105x - x

x = 2000

∴ The wholesale price of the masala pack is Rs. 2000

Only statements A and B are sufficient to answer the question.

Related Questions

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.
An electronics shop was selling articles at a high discount. Kajal went to buy 3 articles from the shop. The cost of the first article is 33.33% less than the cost of the 2nd article. The cost of the 3rd article is 300% more than the discount on the 2nd article. The discount on the 1st article is 30% less than the discount on the 3rd article. After the discounts, Kajal receives an additional discount, which is equal to the sum of discounts on the first 2 articles. The discount on the 1st article is 80.55% less than the price of the 3rd article. Which of the following is true if the cost of article 1 is 50% less than the cost of article 3?
Given below are three quantities named A, B and C. Based on the given information, determine the relation among the three quantities. Quantity 1: The marked price of a timex sports watch was Rs.720. A man bought the same for Rs. 550.80 after getting two successive discounts, the first being 10%. What was the second discount rate? Quantity 2: The shopkeeper sold his good at half the list price and thus lost 20%. If he had sold on the listed price, find the gain percent. Quantity 3: The timber trader marked his good at 20% above the cost price. He sold half the stock at the marked price, one quarter at a discount of 20% on the marked price and the rest at the discount of 30% on the marked price. Find the total gain.
The marked price of a packet of Chat Masala is Rs. 120 and the selling price is 90% of marked price. Mr. A further offers 10% discount to its regular customers. Mr. B purchases a packet of Chat Masala and Mr. A agrees to give more 5% discount if he made cash payment. Mr. B makes half of the payment in cash. Calculate the price at which Mr. B purchases the packet of Chat Masala.
Given below are two quantities named A and B. Based on the given information, you have to determine the relation between the two quantities. You should use the given data and your knowledge of Mathematics to choose between the possible answers. Quantity A: A shopkeeper gives 10% discount on a product and wants to earn 20% profit on that product. Then what should be the product marked price so it can fulfill above profit and discount condition, if the cost price is 300? Quantity B: Ram has 30 storybooks, out of which he sells some at 2% profit and rest other at 6% profit. He gains 4% in the whole process. What is the profit amount collected from storybooks sold at 6% profit if Cost price of a storybooks is Rs. 120.
Given below are three quantities named 1, 2 and 3. Based on the given information, you have to determine the relation among 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 three quantities. A. < B. > C. ≤ D. ≥ E. = Quantity 1: A shopkeeper earns 20% profit by selling an item at Rs. P. If he increases the selling price by Rs. 90, he can make a profit of 35%. Find the value of P. Quantity 2: A shopkeeper earns x% profit even after allowing a discount of Rs. 126. Find the cost price of the article if the (x + 15)% profit is earned if no discount is offered. Quantity 3: When an article is sold for Rs. 984, the profit percentage is 4 times as much as when it is sold for Rs. 861. Find the cost price of the article. 
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?
Each question below is followed by two statements I and II. You have to determine whether the data given in the statements are sufficient for answering the question. You should use the data and your knowledge of mathematics to choose the best possible answer. What is the profit percentage earned by Ajeet by selling the article? Statement I: Ajeet sold the article for Rs. 128. If he sold it for Rs. 8 more, she would have earned a profit of 70%. Statement II: Ajeet marked the price of the article 80% above the cost price and sold it for Rs. 128 at a discount of Rs. 16 on the marked price.
Read the passage carefully and choose the best answer to each question out of the four alternatives.
Eight north Indian Ocean countries, namely, Bangladesh, India, the Maldives, Myanmar, Oman, Pakistan, Sri Lanka and Thailand, were asked to contribute names so that a combined list could be compiled. Each country gave eight names and a combined list of 64 names was prepared. This list is currently in use, and all cyclones arising in the north Indian Ocean are named from this list, with one name from each country being used in turn. Almost 38 or 39 names from the list have been used up, but since many cyclones dissipate long before they hit land, their names rarely figure in the papers or other media. The names that people do know about, and remember are, naturally, those that were most destructive ones, or very recent. Aila, in 2009 is remembered with a shudder for the enormous destruction it caused in West Bengal and Bangladesh; Phaillin, also for the damage it caused when it hit the Odisha coast in 2013. Two harmless cyclones, which also might remain in peoples memory, are the more recent ones of 2014 — Hudhud, which threatened the east coast of India and Nilofar, which was expected to, but did not, devastate the western coast. The names in the cyclone list are usually words one associates with storms; words which mean water or wind or lightning in various national languages. Sometimes they are names of other things — birds or flowers or precious stones. The name Aila, contributed by the Maldives means fire, the name Phaillin from Thailand means sapphire, the name Hudhud from Oman is the name of a bird, probably the hoopoe, and the name Nilofar, given by Pakistan, is the Urdu name of the lotus or water lily. The eight names suggested by India, and which are in the list of 64, are Agni, Akaash, Bijli, Jal, Leher, Megh, Sagar and Vayu, meaning in that order, fire, sky, lightning, water, wave, cloud, sea and wind. Five of these names (that is, up to Leher) have been used so far.
Which country did not contribute to the list of the cyclone names?
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. A dishonest shopkeeper professes to sell his articles at a cost price but uses a faulty scale while selling. What is the profit percentage the shopkeeper makes when he sells the article at a cost price? Statement I. He uses a scale that weighs less by 25%. Statement II. The cost price of the article is Rs. 30 per kg. Statement III. If he has sold the articles at a 12.5% profit on cost price then his net profit percentage would have been 50%.