PROFIT AND LOSS

PROFIT AND LOSS

1.         Sona purchased a car for Rs. 250000 and sold it for Rs. 348000. What is the percent profit she made on the car?

(A) 40                                (B) 39.2                                  (C) 38.4                            (D) 38                       (E) None of these

2.          What profit/loss percent did Rahul earn if he purchased an item of Rs. 5600 and sold it at three-fourth of its cost price?

(A) Loss of 20 percent                                    (B) Gain of 25 percent                                    (C) Neither gain nor loss

(D) Loss of 15 percent                                    (E) None of these  

3.          The ratio between the S.P. and C.P. of an article is 5 : 4. Find the profit/loss percent on article.

(A) 20% loss               (B) 20% gain              (C) 25% gain                 (D) 25% loss             (E) None of these

4.          Mahesh bought and sold some eggs such a way that C.P. of 60 eggs was same as S.P. of 75 eggs. Find the loss or gain percent on the whole transaction.

          (A) 20% loss               (B) 20% gain               (C) 25% gain                 (D) 25% loss             (E) None of these

5.          A man sold his furniture at 15% gain. If he sold it at 10% loss, then he got less than Rs. 500. Find cost price of furniture.

(A) Rs. 8000               (B) Rs. 8500                  (C) Rs. 2000                   (D) Rs. 2500              (E) None of these

6.         On selling a fan, the profit is two-seventh of its selling price. Find the profit percent. 

          (A) 100%                    (B) 125%                        (C) 120%                      (D) 75%                        (E) None of these         

7.         Roshani buys toys at 15 for Rs. 10 and sells 10 toys for Rs. 15. Find his gain/loss percent.

          (A) 75% loss             (B) 125% gain               (C) 125% loss              (D) 75% gain               (E) None of these

8.         Ragini bought 500 copies at the rate of 15 for Rs. 20 and sold them at the rate of 20 for Rs. 15. What percent did she gain or lose in this transaction?

         (A) 43 % loss           (B) 43 % gain             (C) 46 % gain              (D) 66 % gain                          (E) None of these

9.         A man sold his bike for Rs. 15000 at 35% profit. At what price should he sell it so he incurs a loss of 10%?

         (A) Rs. 50000             (B) Rs. 30000               (C) Rs. 20000                 (D) Rs. 10000             (E) None of these

10.     Syam sold a plot for Rs. 200000 at 20% loss. At what price should he sell the plot to gain 10%?

         (A) Rs. 276000           (B) Rs. 286000             (C) Rs. 275000               (D) Rs. 288000           (E) None of these

11.     A sold a watch to B at 20% gain. B sold it to C at a loss of 10%. If C bought it for Rs. 216, then at what price A purchased it?

         (A) Rs. 100         (B) Rs. 400                     (C) Rs. 200     (D) Rs. 300                   (E) None of these

12.     P sold an article to Q at 10% gain. Q sold it at loss of 10% to R.R sold it to S at 20% gain. S bought it for Rs. 1188. At what price did P purchase it?

        (A) Rs. 800                 (B) Rs. 1000                  (C) Rs. 1050               (D) Rs. 1500                     (E) None of these

13.     A man sells his goods at 10% gain. If he sells it at 15% gain , then he gets Rs. 80 more. Find the cost price of his goods.

         (A) Rs. 1000               (B) Rs. 3000                  (C) Rs. 4000                   (D) Rs. 5550                (E) None of these

14.     10kg rice was bought at the rate of Rs. 10/kg and 15 kg rice was bought at the rate of Rs. 12/kg. Find the profit percent. If the total rice is sold for Rs. 16/kg.

         (A) 42 %                    (B) 42 %                      (C) 42  %                      (D) 42 %                 (E) None of these

15.     Manisha bought 25 kg of rice at Rs. 32 per kg and 15 kg of rice at Rs. 36 per kg. What profit did he get when he mixed the two varieties together and sold it at Rs. 40.20 per kg ?

           (A) 25%                     (B) 40%                         (C) 30%                           (D) 20%                         (E) None of these

16.     Find the single discount equivalent to followings : 10%, 20%, 30%

          (A) 48.6%                   (B) 50.5%                     (C) 49.6%                      (D) 51%                          (E) None of these

17.     A company declares which two types consecutive discounts for its better Earning?

          (A) 25% and 15%    (B) 30% and 10%     (C) 35% and 5%            (D) 30% and 20%       (E) None of these

18.     Which equivalent discount of following is lowest?

          (A) 10%, 5%, 15%   (B) 5%, 10%, 15%    (C) 15%, 10%, 5%         (D) All Equals               (E) None of these

19.     The marked price of an article is Rs. 1000. It is sold at the discount of 10%, 5%, 20%. Find the selling price of article.

          (A) Rs. 584    (B) Rs. 680                (C) Rs. 684                   (D) Rs. 668                       (E) None of these

20.     A blanket is sold on Rs. 864 at the discounts of 20% and 10%. Find the printed price of the blanket.

          (A) Rs. 1100              (B) Rs. 1000                 (C) Rs. 1200   (D) Rs. 1400                   (E) None of these

21.     A shopkeeper sales two T.V. sets for same price. He gains 20% on one set and loses 20% on another. What is net loss/gain percent in the whole transaction?

          (A) 4% gain              (B) Neither profit nor loss                       (C) 4% loss                      (D) can’t be determined       

          (E) None of these

22.     A merchant sells two articles for 199 each. There is a loss of 10% on one article and a gain of 10% on another. What is % gain or %l loss in the whole transaction?

          (A) Neither profit nor loss (B) 5% loss       (C) 1% loss             (D) 1% gain                     (E) None of these

23.     Sumona purchased an item of Rs. 72000 and sold it as loss of 27%. With that amount she purchased another item and sold it at a gain of 30%. What is her overall profit/loss?

         (A) Loss of Rs. 1280      (B) Gain of Rs. 3672   (C) Gain of Rs. 4280            (D) Loss of Rs. 3672        (E) None of these

24.     Suresh sells his two cows for same price, one at 10% loss and second one at 5% loss. If he had bought first cow for Rs. 9500, then at what price had he bought the second one?

          (A) Rs. 6000                     (B) Rs. 5000                  (C) Rs. 10000                       (D) Rs. 9000                      (E) None of these

25.     Anjali purchased a mobile phone and a refrigerator for Rs. 12000 and Rs. 10000 respectively. She sold the refrigerator at a loss of 12 percent and mobile phone at a profit of 8 percent. What is her overall loss/profit?

          (A) Loss of Rs. 280       (B) Profit of Rs. 2160  (C) Loss of Rs. 240             (D) Profit of Rs. 240       (E) None of these

26.     Rohan had bought two old scooters for Rs. 18000. He sold one scooter at 25% profit and second one at 20% loss. He neither got nor lost. Find the scooter’s cost price respectively.

         (A) Rs. 4000 and Rs. 14000                                   (B) Rs. 8000 and Rs. 10000           

         (C) Rs. 7500 and Rs. 10500                                   (D) Rs. 6000 and Rs. 12000                                            (E) None of these

27.     By selling 33 apples, Ramu gains selling price of 11 apples. What percent does he gain?

         (A) 66% loss                  (B) 50% gain                   (C) 40% gain                         (D) 75% loss                    (E) None of these

28.     On selling 65 pens, shyamu loses the selling price of 13 pens. Find his loss percent.

         (A) 25% loss                (B) 20% loss                     (C) 33 % loss                     (D) 16 % loss                  (E) None of these

29.     Pulse’s rate is increased by 10%. So a man gets 2kg less pulse for Rs. 440. Find the original rate of pulse.

          (A) 25 Rs. / kg           (B) 20 Rs. / kg                  (C) 30 Rs. / kg                         (D) 22 Rs. / kg                 (E) None of these

30.     Due to fall in the price of a commodity by 20%, a housewife can buy 5 kg more for Rs. 500. Find the new rate of commodity.

         (A) 25 Rs. / kg               (B) 20 Rs. / kg                  (C) 30 Rs. / kg                   (D) 22 Rs. / kg                   (E) None of these

31.     An article is sold on Rs. 24 at a profit percent equal to its cost price of article. Find the cost price of article.

          (A) Rs. 10                      (B) Rs. 20                          (C) Rs. 25                            (D) Rs. 12                            (E) None of these

32.     An article is sold on Rs. 21 at a loss percent equal to its cost price. Find the article’s cost price.

         (A) Rs. 40 or Rs. 60    (B) Rs. 70 or Rs. 30         (C) Rs. 33 or Rs. 70          (D) Rs. 70 or Rs. 50           (E) None of these

33.     A dishonest merchant sells his articles for the cost price but weights 960 grams for 1 kg. Find his profit percent.

         (A) 4  %                     (B) 5%                                  (C) 4   %                             (D) 4%                                  (E) None of these

34.     The profit earned after selling an article for Rs. 625 is the same as loss incurred after selling the article for Rs. 435. What is the cost price of the article?

           (A) Rs. 530                (B) Rs. 520                           (C) Rs. 540                           (D) Rs. 550                           (E) None of these

35.     A shopkeeper buys some pens. If he sells them at Rs. 13 per pen, then his total loss is Rs. 150 but on selling them at Rs. 15 per pen, then his total gain is Rs. 100. How many pens did he sell?

          (A) 100                        (B) 125                                  (C) 150                                  (D) 250                                  (E) None of these

36.     A person buys two watches for Rs. 1500. He sells one watch at 12% profit and another at 18% profit. On the whole he gains 15%.  Find the ratio of cost prices of watches.

          (A) 1 : 4                       (B) 1 : 2                                 (C) 1 : 3                                 (D) 1 : 1                                (E) None of these

37.     The listed price of a cycle is 10% more than its cost price. It is sold at a discount of 20%. Find the dealer’s loss or profit percent.

          (A) 10% Loss             (B) 15% Profit                    (C) 12% Profit                    (D) 12% Loss                       (E) None of these

38.     How much above the cost price should be marked to gain 12% after giving a discount of 20% on the marked price?

          (A) 35%                      (B) 40%                                 (C) 50%                           (D) 45%                                      (E) None of these

39.     A shopkeeper sold his goods at 20% profit. If he had bought it at 10% more and sold it for Rs. 14 more, then he would have gained 25% Find the cost price of goods.

         (A) Rs.75                     (B) Rs. 85                            (C) Rs. 70                              (D) Rs. 80                             (E) None of these

40.     Ram sold a watch at 10% profit. If he had bought it at 10% less and sold it for Rs.15 more, then he would have gained 25%. Find the cost price of watch.

         (A) Rs. 100        (B) Rs. 50                             (C) Rs. 25                           (D) Rs. 55                 (E) None of these