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Profit and Loss

The document contains a series of profit and loss problems, each presenting a scenario involving buying and selling prices, discounts, and profit percentages. It includes multiple-choice questions with options for each problem. The questions cover various aspects of profit and loss calculations, requiring the reader to determine costs, selling prices, and profit margins.

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27 views19 pages

Profit and Loss

The document contains a series of profit and loss problems, each presenting a scenario involving buying and selling prices, discounts, and profit percentages. It includes multiple-choice questions with options for each problem. The questions cover various aspects of profit and loss calculations, requiring the reader to determine costs, selling prices, and profit margins.

Uploaded by

shashankyadav86799
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Profit & Loss

1) If an article is sold for Rs. X, the profit is 10% and if the price is reduced by
Rs. 88, the loss is 10%. Find the cost price of the article.

A)440
B)400
C)444
D)844
Q.2) A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the
selling
price of the cycle?
a) Rs. 1090 b) Rs. 1190 c) Rs. 1060 d) Rs. 1202
Q.3) A person losses 20 % when he sells book at 1600 Rs, for how much price
he
should sell to gain 10 %.
a) 2100 b ) 2200 c) 2300 d)2000
Q.4) Rahul purchased Radio set & sold it to Shyam at profit of 25 % . Shyam
sold it to Mohan at loss of 10 %. Mohan paid Rs. 675 for Radio set. For how
much cost did Rahul purchased it?
a) 625 b) 600 c) 675 d) 700
Q.6) The C.P. of 12 articles is equal to S.P. of 9 articles. Find the gain percent.

a) 30 % b) 33 % c) 25 % d)
40 %
Q.7) Hari purchased 25 kg of Rice at Rs. 4 per Kg and 35 kg of Rice at Rs. 4.50
per Kg. He sold
the mixture at Rs. 4.25 per Kg. Find his gain or loss.
a) Loss 2.50 Rs b) Profit 2.50 Rs. c) Profit 8 Rs.
d) Loss 5 Rs.
Q.8) A man sold two houses for Rs. 675958 each. On one he gains 16 % and on
one he loses 16%. How much does he gain or lose in whole transaction?
a) Loss by 2.56 % b) Profit by 2.56 % c) No loss No gain
d) Cant Determine
Q.9) A dishonest dealer professes to sell his goods at cost price but uses a weight of 960 gms
for a Kg weight. Find his gain percent.

a) 4 % b) 5 % c) 4 1/6% d) 6 %
Q.10) Find the single discount equivalent to a series discount of 20 % and 10
%
Q11). A man purchased a scooter for Rs. 20000 and got it insured for 80% of its value. The scooter was totally
destroyed in an accident and the insurance company compensated him for only 80% of the claim. What was
the loss suffered (in %)?

A) 30
B) 36
C) 48
D) 40
Q12)A man bought oranges at the rate of 4 for a rupee and sold them at a profit
of 40%. How many oranges would a customer get for seven rupees?

A)10
B)15
C)20
D)25
Q13) An article with marked price Rs.200 is marked 25% higher than its C.P. and is
sold at a discount of 10% for cash payment. A customer is ready to pay the entire
amount on the spot. What is the shopkeeper’s percentage profit?
A) 12
B) 12.5
C)15
D)20
Q14) The list price of a watch is Rs. 160. A retailer pays Rs. 122.40 for it. He
gets successive discounts of 10% and another rate, which is illegible. What is
the second discount rate?

a) 10
b) 12
c) 14
d) 15
Q15) A shopkeeper offers a discount of 15% after marking up 70% on the cost price. As a result,
his profit drops by Rs.127.50. Find the cost price.

A)400
B)500
C)300
D)450
Q16) By what percent should the cost price of an article be marked up such that even after
allowing a discount of 50%, a profit of 50% is made?

A)400% of C.P
B)300% of C.P
C)350% of C.P
D)200% of C.P
Q.17) 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
THANK YOU

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