Profit and Loss



Profit and Loss Important Questions


1. A man buys 200 Orange for rupees 10. How many oranges a rupee can he sell so that his profit percent is 33.33% ?

A) 15

B) 20

C) 18

D) 25


2. By selling 12 KG of potato for rupees 63, a shopkeeper gain 5%. what does his gain or loss percent by selling 50 kg of same potato for rupees 247.5

3. by selling 14 watches for equal cost price at the rate of rupees 450 each. There is a profit equal to the cost price of 4 watches. The cost price of a watch is

250,380,350,275


4. A shopkeeper sells his good at CP but uses 900 gram weight. Find profit percentage ?


A) 10%

B) 9.09%

C) 11.11%

D) 12.5%

5. a dealer makes a profit of 20% even after giving a 10% discount on the advertised price of his scooter. If he makes a profit of rupees 7500 on the sale of the scooter. The advertised price was

A) 50,000

B) 55,000

C) 60,000

D) 45,000


6. A shopkeeper sells his goods at CP but cheated to the extent of 10% while buying as well as selling by using false weight. Find profit percentage ?

A) 11.11%

B) 22.22%

C) 25%

D) 20%


7. If one shirt is offered free on purchase of 3 shirt price rupees 500 each, then what is the effective discount of each shirt ?

A) 25%

B) 20%

C) 15%

D) 10%


8. A watch having marked price is rupees 8400 is sold for rupees 5040 after two successive discount. If the first discount is 20% then what is the second discount percentage.

A) 25%

B) 15%

C) 20%

D) 10%


9. After 2 successive discount of 20% and 35% an article sold for Rs. 50700. What is the mark Price of the article. 

A) 97,00

B) 97,500

C) 98,000

D) 98,500


10. A shopkeeper promised to sell his goods at the rate of Cp but he used a false weight of some gram insted of 1 kg and gain by 25%. Find false weight ?


A) 650gm

B) 700gm

C) 900gm

D) 800gm

Answer of Question 6-10

11. A person sells two machines at rupees 396 each. On the one he gains 10% and on the other he loses 10%. his profit and loss in whole transaction is


A) 1% loss

B) 1% profit

C) 10% loss

D) 10% profit


12. A car and Jeep were sold for rupees 24,0000 each. The car watch sold at a loss of 20% while the Jeep at a gain of 20%. The entire transaction resulted in

A) 10,000

B) 20,000

C) 1000

D) 2000


13. By selling an article for rupees 240 a man incurs loss of 10%. At what price should he sell it, so that makes a profit 20%

A) 300

B) 320

C) 325

D) 340


14. If an article is sold at 5% gain instead of 5% loss. The man gain rupees 5 more. Find the cost price of the article


A) ₹40

B) ₹50

C) ₹25

D) ₹10


15. A person sells a table at a profit of 10%. If he had bought the table at 5% less cost and sold for rs. 80 more. He would have gained 20%. The cost price of the table is

A) ₹20000

B) ₹2000

C) ₹200

D) ₹20


16. Dinesh vote to radio for rupees 1920. He sold one at profit 20% and the other at a loss 6⅔%. If the selling price of both radio are same then find the cost price of both radio


A) 540,740

B) 320,1800

C) 840,1080

D) 512,1126


17. A businessman sell a commodity at 15% profit. if he had bought it at rupees 200 less and sold it also rupees 200 less and he would gained 10%. Then cost price of the commodity is

A) 800

B) 900

C) 1000

D) 1200


18. Oranges are bought at 7 for rupees 3. At what rate per 100 must they be sold to gain 33%.


A) 56

B) 57

C) 68

D) 69


19. a loss of 20% is incurred when 6 article are sold for a rupees. To gain 20% How many articles should be sold for a rupee?

A) 3

B) 4

C) 8

D) 12


20. By selling 4 article for 1 rupee, a man losses 4%. Had he sold three article per rupee, the profit would have been

A) 28%

B) 22%

C) 25%

D) 20%


21. The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:


A. 15

B. 16 

C. 18

D. 25



22. In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?


A. 30%

B. 70% 

C. 100%

D. 250%


23. 5.  

A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?


A. 3

B. 4

C. 5

D. 6



24. Some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6. Gain percent is:


A. 30%

B. 33⅓%

C. 35%

D. 44%


25. On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is:


A. Rs. 45

B. Rs. 50

C. Rs. 55

D. Rs. 60


26. A shopkeeper sells one transistor for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. His total gain or loss percent is:


A. 5 15 /17% loss

B. 5 15 17% gain

C. 6 2/3 % gain

D. None of these


27.  

A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?


A. Rs. 18.20

B. Rs. 70

C. Rs. 72

D. Rs. 88.25


28. If a retailer marks up his price by 30 % and then allows a 30 % discount, what is his percentage profit or loss?

imt

A. 9 % gain

B. 8 % gain

C. 8% loss

D. 9 % loss

E. 5% loss


29. By selling an article for Rs 600 more, Karthik would have made 5% profit on his sale instead of a 11% loss. What was his cost price?

A. Rs. 3750

B. Rs. 4000

C. Rs. 2250

D. Rs. 6,000

E. Rs. 4750


30. An orange vendor makes a profit of 10% by selling oranges at a certain price. If he charges Rs. 1.4 higher per orange he would gain 30%. Find the original price at which he sold an orange.

A. Rs. 6

B. Rs. 5.80

C. Rs. 6.25

D. Rs. 6.70

E. Rs 7.70


31. A person sold some article he sold ⅔ at profit of 3.5%, ⅕ articles at profit of 2% and rest at a profit of 9.5%. Find the total profit %

Options:5%, 6%, 4%, 8%


32. A dishonest shopkeeper sell his articles at x% profit but he uses 10% less weight but he gain 25% profit. Then find the x%.

Options: 50%, 12.5%, 10%, 8%


33. A person bought some articles at the rate of 5 per rupee and the same number at the rate of 4 per rupee. He mixed both the types and sold at the rate of 9 for 2 rupees. Find loss and profit % ?

Options: 100/80, 100/81, 80/100, 81/100


34. A fruit vendor bought bananas at the rate of 10 for a 8 rupee and sold those 8 for 10 rupee. The percent of gain and loss is 

Options: 50, 56.25, 45.45, 62.25


35. A person bought 4 articles for Rs 15 and sold 6 articles for Rs 25, overall he gain Rs 30. Find the number of articles he bought

Options: 70, 75, 72, 80


36. An article was sold at 10% profit. Had it been purchased at Rs 22 more and sold 5% more, the profit remain same. Find SP to gain a profit of 62.5%.

Options: 602, 715, 862, 732, 786.5


37. Two articles are sold at the same price. 1st was sold at the profit of 63.63% and 2nd was sold at a profit of 35.7%. if there is total selling price both article Rs 4788 then find the cost price of 2nd article.

Options: 1764, 1953, 1829, 1532


38. A person bought some article at the rate of 3 for Rs 10 and double the no. Of article the rate of 4 for Rs 13. He sold all the article at 12 for Rs59. Find profit and loss

Options: 33⅓ profit, 50 profit, 40 profit, 66.66 profit


39. A person buys some article at the rate of 15 for Rs. 13 and sells all the articles at the rate of 18 for Rs 17. If he made a profit of 147 Rs in whole translation then how much article did he buy ?

Options:1750, 1890, 2070, 1800


40. A man purchases some toffees at the rate of 11 for Rs.10 and the same quantity at rate of 9 for Rs. 10. He sells all the toffees at the rate of 1 for Rs.1. Find his profit and loss % in whole transactions.

Options: 1% loss, 1% profit, 5% profit, 4% loss


41. A shopkeeper bought certain number of pens at the rate of 20 for rupees 60 and the same number at 30 for rupees 40. After that he realised that he had bought only 60% of the required number of pens. He bought the rest at 25 for rupees 75. He sold all the pens at 12 for rupees 35. Find his profit and loss percent.

Options: 42(2/7), 15.5%, 16⅔, 15%


42. Instead of a metre scale, a cloth merchant uses 120 cm while buying but uses an 80 CM scale while selling same cloth if he offers a discount of 20% on cash payment what is his overall profit percentage 

Options: 20, 30, 25, 15


43. A person bought some article at 5 for Rs.1 and triple the previous amount at 4 for rupees 1. while selling 25% of the total article are found damage and unfit for selling. how many articles for rupees 28.5 should be sold so that there is an overall profit of 20% ?

Options: 50, 57, 75, 95


44. A shopkeeper cheat 16⅔% while selling it should be still the trader Marks up his good to get a profit of 25% what is the Mark up on cp

Options: 4.16%, 5%, 4%, 8⅓%


45. a shopkeeper takes 17% more while buying and gives 18.18 percent less while selling. Find his profit percentage (approx)

Options: 35%, 44%, 40%, 37%


46. A trader purchases a watch in a wall clock rupees 500. He sells them making a profit of 10% on the watch and 15% the wall clock. He earns a profit of 15%. find the CP of wall clock.

Options: 300, 200, 500, 150

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