GATE Overflow - Recent questions tagged cost-market-price
https://gateoverflow.in/tag/cost-market-price
Powered by Question2AnswerProfit and loss Self doubt
https://gateoverflow.in/314090/profit-and-loss-self-doubt
The marked price of a table is Rs. 1200, which is 20% above the cost price. It is sold at a discount of 10% on the marked price. Find the profit percent.<br />
(a) 10%<br />
(b) 8%<br />
(c) 7.5%<br />
(d) 6%<br />
<br />
What approach can I use for these type of questions?Numerical Abilityhttps://gateoverflow.in/314090/profit-and-loss-self-doubtTue, 04 Jun 2019 09:26:34 +0000GATE2019-GA-4
https://gateoverflow.in/302869/gate2019-ga-4
<p>Ten friends planned to share equally the cost of buying a gift for their teacher. When two of them decided not to contribute, each of the other friends had to pay Rs. $150$ more. The cost of the gift was Rs. ____</p>
<ol style="list-style-type:upper-alpha">
<li>$666$</li>
<li>$3000$</li>
<li>$6000$</li>
<li>$12000$</li>
</ol>Numerical Abilityhttps://gateoverflow.in/302869/gate2019-ga-4Thu, 07 Feb 2019 09:54:44 +0000Profit and Loss. How to approach this question?
https://gateoverflow.in/135595/profit-and-loss-how-to-approach-this-question
Ram sold an article to Shyam at a certain profit percentage. And Shyam sold it to Mohan at same profit percentage. If Mohan sold it to Rakesh at the original price and get 36% loss. Then find at what profit percentage Ram sold the article.Numerical Abilityhttps://gateoverflow.in/135595/profit-and-loss-how-to-approach-this-questionSat, 01 Jul 2017 07:16:50 +0000GATE2014 AE: GA-5
https://gateoverflow.in/40304/gate2014-ae-ga-5
A foundry has a fixed daily cost of $\text{Rs} \ 50,000$ whenever it operates and a variable cost of $\text{RS} \ 800 Q$,where $Q$ is the daily production in tonnes. What is the cost of production in $\text{Rs}$ per tonne for a daily production of $100$ tonnes.Numerical Abilityhttps://gateoverflow.in/40304/gate2014-ae-ga-5Tue, 16 Feb 2016 06:20:25 +0000TIFR2012-A-6
https://gateoverflow.in/21002/tifr2012-a-6
<p>A certain pair of used shoes can be repaired for $Rs.1250$ and will last for $1$ year. A pair of the same kind of shoes can be purchased new for $Rs.2800$ and will last for $2$ years. The average cost per year of the new shoes is what percent greater than the cost of repairing the used shoes?</p>
<ol style="list-style-type:lower-alpha">
<li>$5%$</li>
<li>$12%$</li>
<li>$15%$</li>
<li>$3%$</li>
<li>$24%$</li>
</ol>Numerical Abilityhttps://gateoverflow.in/21002/tifr2012-a-6Mon, 26 Oct 2015 07:37:32 +0000GATE2012-56
https://gateoverflow.in/2193/gate2012-56
<p>The cost function for a product in a firm is given by $5q^{2}$, where $q$ is the amount of production. The firm can sell the product at a market price of $₹ 50$ per unit. The number of units to be produced by the firm such that the profit is maximized is</p>
<ol start="1" style="list-style-type: upper-alpha;">
<li>$5$</li>
<li>$10$</li>
<li>$15$</li>
<li>$25$</li>
</ol>Numerical Abilityhttps://gateoverflow.in/2193/gate2012-56Mon, 29 Sep 2014 09:21:59 +0000GATE2011-63
https://gateoverflow.in/2173/gate2011-63
<p>The variable cost $(V)$ of manufacturing a product varies according to the equation $V=4q$, where $q$ is the quantity produced. The fixed cost $(F)$ of production of same product reduces with $q$ according to the equation $F=\dfrac{100}{q}$. How many units should be produced to minimize the total cost $(V+F)$?</p>
<ol start="1" style="list-style-type: upper-alpha;">
<li>$5$</li>
<li>$4$</li>
<li>$7$</li>
<li>$6$</li>
</ol>Numerical Abilityhttps://gateoverflow.in/2173/gate2011-63Mon, 29 Sep 2014 06:32:10 +0000