2. Questions Bank
  3. 8th Class
  4. Mathematics
  5. Related to Competitive Exam

8th Class Mathematics Related to Competitive Exam Question Bank Arithmetic

  • question_answer
    Ram owns a plot worth Rs.10,000. He sells it to Shyam at a profit of 10%. After sometime Shyam sells it back to Ram at a 10% loss, then Ram overall

    A) Losses Rs.100                   

    B) Losses Rs.900

    C) Gains Rs.100                    

    D) gains Rs.1,106

    Correct Answer: D

    Solution :

    CP of plot for Ram =10,000 \[CP=\frac{50}{120}=\frac{5}{12}\] \[\therefore \]SP of plot for Ram \[\frac{12}{5}\] Now, Shyam's cost price = 11000 and Shyam's selling price at loss of 10% \[\frac{12}{5}\times 5=12\] \[SP=\frac{CP(100+g%)}{100}=\frac{MP(100-d%)}{100}\] Now, Rs.9900 is the cost price for Ram and Rs.11000 is the selling price for Ram \[So\frac{100\times (100+g%)}{100}=\frac{150\times (100-30%)}{100}\] Ram gains Rs. 1100


You need to login to perform this action.
You will be redirected in 3 sec spinner