ANUNYAS

“Think of many things; do one”

Profit & Loss
1. Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs.
5800, his gain percent is:
a) 4 4 7% b) 5 5 11% c) 10% d) 12%

2. 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

3. If selling price is doubled, the profit triples. Find the profit percent.
a) 66 2 3% b) 100 % c) 105 1 3% d) 120%

4. 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%

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

6. The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred
by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?
a) Rs. 2000 b) Rs. 2200 c) Rs. 2400 d) Data inadequate

7. 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

8. 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. 1160 c) Rs. 1190 d) Rs. 1202

9. Sam purchased 20 dozens of toys at the rate of Rs. 375 per dozen. He sold each one of them at the rate
of Rs. 33. What was his percentage profit?
a) 3.5 b) 4.5 c) 5.6 d) 6.5

10. Some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6. Gain percent is:
a)30% b) 33 1 3% c) 35% d) 44%

11. 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

12. When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order
to gain 15%?
a) Rs. 21000 b) Rs. 22500 c) Rs. 25300 d) Rs. 25800

13. 100 oranges are bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. The percentage
of profit or loss is:
a) 14 2 7% gain b) 15 % gain c) 14 2 7% loss d) 15% loss

Soumya Ghosh 6294275568

14. 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

15. A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and
sells the mixture at Rs. 30 per kg. His profit percent is:
a) 5% b) 8% c) 10% d) No profit, no loss

16. Amit bought 160 shirts at the rate of Rs. 225/shirt. The transport expenditure was Rs. 1,400. He paid
an octroi at the rate of Rs. 1.75/shirt and labour charges were Rs. 320. What should be the selling price of
1 shirt, if he wants a profit of 20%?
a) Rs. 260 b) Rs. 275 c) Rs. 280 d) Rs. 285

17. A man sold two houses for Rs. 7.8 lakhs each. On the one, he gained 5% and on the other, he lost 5%.
What percent is the effect of the sale on the whole?
a) 0.25 % loss b) 0.25 % gain c) 25 % loss d) 25 % gain

18. Bhajan Singh purchased 120 reams of paper at Rs. 80 per ream. He spent Rs. 280 on transportation.
Paid octrai at the rate of 40 paise per ream and paid Rs. 72 to the coolie. If he wants to have a gain of 8
%. What must be the selling price per ream?
a) Rs. 86 b) Rs. 88 c) Rs. 90 d) Rs. 92

19. A person sold a pen at Rs. 96 in such a way that his percentage profit is same as the cost price of the
watch. If he sells it at twice the percentage profit of its previous percentage profit then new selling price
will be?
a) Rs. 132 b) Rs. 150 c) Rs. 180 d) Rs. 192

20. A and B, there are two companies, selling the packs of cold-drinks. For the same selling price A gives
two successive discounts of 10% and 25%. While B sells it by giving two successive discounts of 15% and
20%. What is the ratio of their marked price?
a) 143 : 144 b) 19 : 11 c) 136 : 135 d) 73 : 77

21. A dishonest dealer professes to sell his goods at cost price but uses a weight of 960 gms instead of a kg
weight. Find the gain of this dishonest person in percent.
a) 5 3 4% b) 4.167% c) 5 1 6% d) None of These

22. There is a dishonest shopkeeper whose claim is that he sells a certain product at a cost of Rs 23/kg,
which actually costs him Rs 25/kg. The shopkeeper says that he is taking the loss to let his customers get
a better deal. When examined thoroughly, a policeman finds that the shopkeeper is actually using an 800
gms weight in place of a 1 kg weight. Does he gain or lose? If so how much?
a) 15% b) -15% c) 23.3% d) -23.3%

23. A dishonest shopkeeper sells salt at a rate of Rs 18 per kilogram. The MRP of the salt is Rs 15 per kg.
As though not satisfied with this, he tries to multiply his profit by removing 200 gm from each packet.
What is the shopkeeper’s gain percentage?
a) 15% b) 20% c) 25% d) 30%

24. A grocer sells rice at a profit of 10% and uses weights which are 20% less than the market weight.
The total gain earned by him will be :
a) 30% b) 35% c) 37.5% d) None of These

25. A fair price shopkeeper takes 10% profit on his goods. He lost 20% goods during theft. His loss
percent is :
a) 8 b) 10 c) 11 d) 12

Soumya Ghosh 6294275568