PROFIT & LOSS

1. By selling a chair for Rs. 572, a man gains 30%. 13. Ravi buys some toffees at 2 for a rupee and
The cost price of the chair is: sells them at 5 for a rupee. His loss percent is:
1. 340 2. 400 3. 440 4. None 1. 120% 2. 90% 3. 30% 4. 60%
14. A fruit seller buys lemons at 2 for a rupee and
2. Amit sold an umbrella for Rs. 680, losing 15%. sells them at 5 for 3 rupees. His gain percent is:
The cost price of the umbrella is: 1. 10% 2. 15% 3. 20% 4. 25%
1. 782 2. 800 3. 578 4. None
15. Oranges are bought at 5 for Rs. 10 and sold at
3. If man were to sell his chair for 720, he would 6 for Rs. 15. His gain percent is:
loss 25%. To gain 25% he should sell it for: 1. 50% 2. 40% 3. 35% 4. 25%
1. 1200 2. 1000 3. 960 4. 900
16. A vendor bought toffees at 6 for a rupee. How
4. On selling an article for 48, one loses 20%. In many for a rupee must he sell to gain 20%?
order to gain 20%, what would be selling 1. 3 2. 4 3. 5 4. None
price?
1. 52 2. 56 3. 68 4. 72 17. A vender sell toffees at 24 for a rupee loss
20%. How many for a rupee must sell to gain
5. A man sells his typewriter at 5% loss. If he sells 20%?
it for Rs. 80 more, he gains 5%. The cost price 1. 20 2.16 3.15 4.18
of the typewriter is:
1. Rest. 1600 2. Rs.1200 3.Rs. 1000 4.Rs. 18. The profit earned after selling an article for Rs.
800 625 is the same as loss incurred after selling
the article for Rs. 435. The cost price of the
6. A man sold an article at a loss of 20%. If he article is:
sells the article for Rs. 12 more, he would have 1. Rs. 520 2.Rs. 530 3.Rs. 540 4.Rs. 550
gained 10%. The cost price of the article is:
1. Rs. 60 2. Rs. 40 3. Rs. 30 4. 19. On selling an article at 1060, the gain is 20%
Rs. 22 more than the loss incurred on selling it at 950.
In order to gain 20%, the selling price will be:
7. A man sells an article at a loss of 10%. Ha he 1. Rs. 1200 2.Rs. 1080 3.Rs. 1800 4.
sold it for Rs. 112 more; he could have gained None
6%. What is the cp of the article?
1. Rs. 700 2. Rs. 350 3. Rs. 432 4. None 20. A sold a watch to B at 20% gain and B sold it to
C at a loss of 10%. If C bough the watch for Rs.
8 44 m. Cloth s.p. = 55 m. Cloth C.P., gain 216, at what price did A purchase it?
percent is. 1. Rs. 200 2.Rs. 216 3.Rs. 250 4.Rs. 176
1
1. 20% 2. 25% 3. 33 3 % 4. 10 %
21. In the manufacturer gains 10%, the wholesale
9. By selling 36 oranges a vendor loses the selling dealer 15% and the retailer 25%, then the cost
price of 4 oranges. His loss percent is: of production of an article, whose retail price is
1 Rs. 1265, is:
1. 12 ½% 2. 119 % 3. 10% 4. None
1. 632.50 2. 800 3. 814 4. 834.34

10. By selling 100 pencils a shopkeeper gains the 22. A dealer professing to sell his goods at cost
selling price of 20 pencils. His gain percent is: price uses 900 gm weight for 1kg. His gain
1. 25% 2. 20% 3. 15% 4. 12% percent is:
11. By selling 33m of cloth Ramesh gained the cost 1. 9% 2. 10% 3. 11%
1
4. 119 %
price of 11m. The gain percent is: 1
1. 10% 2. 20% 3. 25% 4. 333 % 23. A dishonest shopkeeper pretends to sell his
goods at cost price but uses false weight and
12 By selling 55m of cloth ram loss the cost price gain 25%. For a weight of 1 kg he uses:
of 11m. The loss percent is. 1. A weight of 875 gm 2. A weight of 900gm
1
1. 10% 2. 20% 3. 25% 4. 333 % 3. A weight of 950 gm 4. A weight of 800 gm
 PROFIT & LOSS
24. A dishonest shopkeeper pretends to sell his profit of 10%. If its cost price is Rs. 800, and
goods at cost price but uses false weight and then the mark price.
1 1. 1000 2.1200 3.1100 4.1500
gains 119 %. For a weight of 1kg he uses:
1. A weight of 875 gm 2. A weight of 900gm
3. A weight of 950 gm 4. None
25. A shopkeeper marks his goods to gain 35%. But
he allows 10% discount for cash payment. His 35. A dealer offers a discount of 10% on the
profit percent is: marked price of an article and still makes a
1. 13 ½% 2. 21 ½% 3. 25% 4. 31 ½% profit of 8%. What percent increasing Marked
price of cost price.
26. A trader’s marked price is 30% above cost 1. 20% 2.30% 3.18% 4. 25%
price. He allows his customers 10% discount on
the market price. What profit does he make? 36. A shopkeeper earns a profit of 12% on selling a
1. 16% 2. 17% 3. 18% 4. 19% book at 10% discount on the printed price. The
ratio of the cost price and the printed price is:
27. A shopkeeper claims to sell his articles at a 1. 45: 56 2. 50:61 3. 99:125 4. None
discount of 10%, but marks his articles by
increasing the cost of each by 20%. His gain 37. A pen is listed for Rs. 12 a discount of 15% is
percent is: given on it. A second discount is given brining
1. 6% 2. 8% 3. 10% 4. 12% the price down to Rs. 8.16. The rate of second
discount is
28. Successive discounts of 10% and 20% are 1. 15% 2. 18% 3. 20% 4. 25%
equivalent to a single discount of:
1. 15% 2. 28% 3. 30% 4. None 38. A shopkeeper gives two successive discounts
on an article marked Rs. 450. The first discount
29. A single discount equivalent to successive given is 10%. If the customer pays Rs. 344.25
discounts of 30%, 20% and 10% is: for the article, the second discount given is:
1. 50% 2. 51% 3. 49.4% 4. 49.6% 1. 10% 2. 12% 3. 14% 4. 15%

30. A company offers three types of successive 39. A fan is listed at Rs. 1500 and a discount of
discounts. 1st: 25% and 15%; 2nd: 30% and 10%; 20% is offered on the cost price. What
3rd: 35% and 5%. Which offer is better for a additional discount must be offered to the
customer? customer to bring the net price to Rs. 1104?
1. 1st 2. 2nd 3. 3rd 4. All are equal 1. 8% 2. 10% 3. 12% 4. 15%

31. A dealer offers a discount of 10% on the 40. A shopkeeper sells a pair of sunglasses at a
marked price of an article and still makes a profit of 25%. If he had bought it at 25% less
profit of 20%. If it’s marked price is Rs. 800, and sold it for Rs. 10 less then he would have
and then the cost price. gained 40%. The cost price of the pair of
1. Rs. 600 2.Rs. 700 3.Rs. 800 4.Rs. sunglasses is:
900 1. Rs. 25 2.Rs. 50 3. Rs. 60 4.
Rs. 75
32. A sofa set carrying a sale price ticket of 5000 is
sold at a discount of 4% thereby gaining 20%. 41. A bookseller sells a book at a gain of 10%. If he
The reader’s cost price of sofa set is: had bought it at 4% less and sold it at Rs. 6
1. Rs. 3600 2.Rs. 3800 3.Rs. 4000 4.Rs. more, he would have gained 18 ¾%. The cost
4200 price of book is:
1. Rs. 130 2.Rs. 140 3.Rs. 150 4.Rs.
33. A trader marks his goods at such a price that 160
he can deduct 15% for cash and yet make 20%
profit. The marked price of an item which cost 42. A merchant has 1000 kg of sugar, part of which
him Rs. 85, he sells at 8% profit and rest at 18% profit. He
1. 95 2. 105 3. 120 4. 135 gains 14% on whole. The quantity sold at 18%
profit is:
34. A dealer offers a discount of 20% on the 1. 560 kg 2. 600 kg 3. 400 kg 4. 640 kg
marked price of an article and still makes a 43. Pure ghee costs Rs. 100 per kg. After
adulterating it with vegetable oil costing Rs. 50
 PROFIT & LOSS
per kg, a shopkeeper sells the mixture at Rs. 96 53. By selling a tape-recorder for Rs. 950, I lose
per kg, thereby making a profit of 20%. In what 5%. What percent shall I gain by selling it for
ratio does he mix the two? Rs. 1040?
1. 1:2 2. 3:2 3. 3:1 4. None 1. 4% 2. 4.5% 3. 5% 4. 9%

44. The total cost price of two watches is Rs. 840. 54. A machine was sold at a gain of 10% had it
One is sold at a profit of 16% and the other at been sold at Rs. 80 less, the seller would have
a loss of 12%. There is no loss or gain in the lost 10%. What is the cost price of the
whole transaction. The cost price of the watch machine?
on which the shopkeeper gains is: 1. Rs. 350 2. Rs. 400 3.Rs. 450 4.Rs. 520
1. Rs. 360 2.Rs. 370 3.Rs. 380 4.Rs.
390 55. Nita blends two varieties of tea – one costing
Rs. 180 per kg and another costing Rs. 200 per
45. Due to 20% fall in the rate of milk one can buy kg in the ration 5:3, if she sells the blended
5 ltrs milk more than before by investing Rs variety at Rs. 210 per kg, then her gain is:
500. What was the new rate per ltrs? 1. 10% 2. 11% 3. 12% 4. 13%
1.25 2. 20 3. 30 4. 15
56. By using a false weight a dealer defrauds his
46. Due to 25% fall in the rate of eggs one can buy customers by 5% in purchasing and by 5% in
2 dozen eggs more than before by investing Rs. selling. His gain percent is:
162. What was the original rate per dozen? 1. 10% 2. 2.5% 3. 10.25% 4. None
1. Rs. 22 2. Rs. 24 3. Rs. 27 4. Rs. 30
57. Mr Ajay bought a car at 15% discount on
47. A man sold two article one he gained 10% and original cost. He then sold it with 20% profit on
on the other lost 10%. What the loss or gain its purchase price. What percentage profit did
percent? he make on the original price?
1. 1% loss 2. 1% gain 3.10% loss 4. 10% gain 1. 2% 2. 5% 3. 12% 4. 17%

48. A man sold two pipes at Rs. 12 each. On one 58. Two-thirds of a consignment was sold at a
he gained 20% and on other lost 20%. On the profit of 6% and the rest at a loss of 3%. If
whole he there was an overall profit of Rs. 540, the value
1. Neither gained nor lost 2. Gained Re. 1 of the consignment was:
3. Lost Re. 1 4. Gained Re. 2 1. 15000 2. 16000 3. 18000 4. None

49. Ram bought 1600 eggs at Rs. 3.75 per dozen. 59. The ratio of cost price and selling price of an
He sold 900 of them at 2 for Rs 1 and the article is 20:21. What is profit percent on it?
remaining at 5 for Rs. 2. His gain percent is: 1. 5% 2. 5.5% 3. 6% 4. 6.25%
1. 40% 2. 45% 3. 42% 4. 46%
60. If a watch is sold at Rs. there is a loss of 15%.
50. A radio is sold for Rs. 990 at a profit of 10%. For a profit of 2% the watch is to be sold at:
What would have been the gain or loss 1. Rs. 70 2.Rs. 72 3.Rs. 75 4. Rs. 85
percent, had it been sold for Rs. 890?
1
1. Loss, 10% 2. Gain, 19 % 61. A man sells tea at 10% profit and uses a weight
1 which is 20% less than the actual measure. His
3. Loss, 19 % 4. Loss, 1% gain percent is:
1. 30% 2. 35% 3. 37 ½% 4. None
51. The selling price of an article is 4/3 times its
cost price.
1
The gain percent is: 1
62. A dealer buys an article marked at Rs. 25000
1. 203 % 2. 20 ½% 3. 25 ¼% 4. 333 % with 20% and 5% off. He spends Rs. 1000 on its
repairs and sells it for Rs. 25000. What is his
52. If an article is sold at a gain of 5% instead of gain or loss percent?
being sold at a loss of 5%, one gets Rs. 5 more. 1. Loss of 25% 2. Gain of 25%
What is the cost price of the article? 3. Gain of 10% 4. Loss of 10%
1. Rs. 100 2. Rs. 105 3. Rs. 110 4.Rs. 50
 PROFIT & LOSS
63. Ajay purchased a T.V. set at 20% discount. If he
gets a discount of 25%, he saves Rs. 1800. For 73. A shopkeeper earns a profit of 15% after
how much does he purchase the T.V set? selling a book at 20% discount on the printed
1. 33000 2. 31200 3. 28800 4. 27000 price. The ratio of the cost price and the
printed price of the book is:
64. A shopkeeper offers his customers 10% 1. 16:23 2. 20:23 3. 23:16 4. 23:20
discount and still makes a profit of 26%. What 74. The cost price of an article is 64% of the
is actual cost of an article for him marked 280? marked price. What is the gain percent if a
1. Rs. 175 2.Rs. 200 3.Rs. 215 4.Rs. discount of 12% is allowed?
225 1. 37.5% 2. 48% 3. 50.5% 4. 52%

65. A seller allows a discount of 5% on a watch. If 75. What price should a shopkeeper mark on an
he allows a discount of 7%, he earns Rs. 15 less article costing him Rs. 153 to gain 20%, after
in the profit. What is the marked price? allowing a discount of 15%?
1. Rs. 697.5 2.Rs. 712.5 3.Rs. 750 4.Rs. 817.5 1. Rs. 162 2. Rs. 184 3. Rs. 216 4.Rs. 224

66. The marked price of an electric iron is Rs. 690. 76. The difference between a discount of 35% and
The shopkeeper allows a discount of 10% and two successive discounts of 20% and 20% on a
gains 8%. If no discount is allowed his gain certain bill was Rs. 22. The amount of bill is:
percent would be: 1. Rs. 200 2.Rs. 1100 3.Rs. 2200
1. 20% 2. 24% 3. 25% 4. 28% 4.None

67. On a Rs. 10000 payment order a person has 77. A trader wishes to gain 20% after allowing 10%
choice between three successive discounts of discount on the marked price to his customers.
10%, 10% and 30% and three successive At what percent higher than the cost price
discounts of 40%, 5% and 5%. By choosing the must he mark his goods?
1. 30% 1 2
better one he can save: 2. 333 % 3. 343 % 4. 35%
1. Rs. 200 2.Rs.255 3.Rs. 400 4.Rs.
433 78. A dry-fruit seller mixes three varieties of
walnuts costing Rs. 50, Rs. 20 and Rs. 30 per kg
68. The marked price of an article is 10% more in the ratio 2:4:3 in Terms of weight and sells
than cost price and a discount of 10% is given the mixture at Rs. 33 per kg. What percentage
on market price. In this kind of sale seller: of profit does he make?
1. bears no loss and no gain 2. Gains 1% 1. 8% 2. 9% 3. 10% 4. None
3. Loses 1% 4. None Answer:-
1. (3) 2. (2) 3. (1) 4. (4) 5. (4) 6. (2) 7. (1) 8. (2)
69. A fan is listed at 1500, with a discount of 20%. 9. (3) 10. (1) 11. (4) 12. (2) 13. (4) 14. (3) 15. (4)
What additional discount must be offered to 16. (3) 17. (2) 18. (2) 19. (1) 20. (1) 21. (2) 22.
the customer to bring the net price to 1080? (4) 23. (4)24. (2) 25. (2) 26. (2) 27. (2) 28. (2)
1. 8% 2. 10% 3. 11 1/9% 4. 15% 29. (4) 30. (3) 31. (1) 32. (3) 33. (3) 34. (3) 35.
(1)36. (1) 37. (3) 38. (4) 39. (1) 40. (2) 41. (3)
70. On allowing a discount of 10% on an article, 42. (2)43. (2) 44. (1) 45. (2) 46. (3) 47. (1) 48.
the shopkeeper gains 20%. If a discount of 20% (3) 49. (4)50. (3) 51. (4) 52. (4) 53. (1) 54. (2)
is allowed on it. What will be the gain percent? 55. (3) 56. (3)57. (1) 58. (3) 59. (1) 60. (2) 61.
2 1
1. 63 % 2. 7 ¼% 3. 12 ½% 4. 133 % (3) 62. (2) 63. (3)64. (2) 65. (3)66. (1) 67. (2) 68.
(3) 69. (2) 70. (1)71. (4) 72. (1) 73. (1) 74. (1)
71. An item is marked for Rs. 240 for sale. If two 75. (3) 76. (3) 77. (2)78. (3)
successive discounts of 10% and 5% are
allowed on the sale price then the selling price
of the article is:
1. 34.80 2. 36 3. 204 4. 205.20

72. A shopkeeper sells his goods at 10% discount