PROFIT & LOSS
1. Rohan sold two horse for Rs. 1500 each, gaining transaction is
20% on the one and losing 20% on the other. Find
(1) 20% (2) 25%
his total gain or loss percent?
(3) 30% (4) 15%
(1) 4.16% loss (2) 4% loss
(5) None of these
(3) 5% gain (4) 6.4% gain
7. If the cost price of 16 articles is equal to the selling
(5) None of these
price of 12 articles, then the gain or loss percent
2. A trader allows a discount of 12 percent for cash in the transaction is
payment. If he still gain 10% on his outlay, then
(1) 35% (2) 43%
how much percent above the cost price must he
mark his goods? (3) 23% (4) 33%
(1) 10% (2) 30% (5) None of these
(3) 25% (4) 20% 4
8. If selling price of an article is of its cost price,
(5) None of these 3
3. A reduction of 10% in the price of mangoes can then the profit % in the transaction is
purchase 5 mangoes more for Rs. 90. The price (1) 33% (2) 21%
of mangoes per dozen before reduction is
(3) 22% (4) 32%
(1) Rs. 24 (2) Rs. 25
(5) None of these
(3) Rs. 23 (4) Rs. 21
9. If I had purchased 11 articles for Rs. 10 and sold
(5) None of these all articles at the rate of 10 for Rs. 11, then the
4. A shopkeeper sells the goods at 44% loss on cost profit percent would have been?
price but uses 30% less weight. What is percentage (1) 21% (2) 12%
profit or loss?
(3) 20% (4) 9%
(1) 14% (2) 16%
(5) None of these
(3) 25% (4) 20%
10. A shopkeeper marks his articles at 20% above
(5) None of these cost price and allows a purchaser a discount of
5. A shopkeeper sold sarees at Rs. 275 each after 10% for cash buying. What profit percent does
giving 12% discount on labeled price. Had he not he make?
given the discount, he would have earned a profit (1) 10% (2) 12%
of 25%. One the cost price, what was the cost
(3) 8% (4) 15%
price of each saree?
(5) None of these
(1) Rs. 250 (2) Rs 260
11. By selling an article for Rs. 96, double the profit it
(3) Rs 280 (4) Rs 300
obtained than the profit that would have been
(5) None of these obtained by selling it for Rs. 84. What is the cost
6. If the cost price of 15 tables is equal to the selling price of the article?
price of 20 tables, then the loss percent in (1) Rs. 75 (2) Rs. 80
(3) Rs. 72 (4) Rs. 82 18. A person bough two horses for Rs.1025. He sold
one at a loss of 20% and the other at a gain of
(5) None of these
25% and he found that each horse was sold at the
12. Ratnesh sold a watch at a loss of 5%. Had he same price. Find the cost price of two horses.
sold if for Rs. 49 more, he would have gained 2%.
(1) Rs.525, Rs.500 (2) Rs.700, Rs.325
Find the cost price
(3) Rs.625, Rs.400 (4) Rs.800, Rs.225
(1) Rs. 750 (2) Rs. 800
(5) None of these
(3) Rs. 450 (4) Rs. 700
19. A shopkeeper bought 150 calculators at the rate
(5) None of these
of Rs.250 per calculator. He spend Rs.2500 on
13. By selling 33m of cloth, a shopkeeper gains an transportation and packing. If the marked price of
amount equal to the selling price of 11m. Find the calculator is Rs.320 per calculator and the
gain percent. shopkeeper gives a discount of 5% on the marked
(1) 40% (2) 50% price, then what will be the profit % gained by-the
shopkeeper?
(3) 45% (4) 55%
(1) 20% (2) 14%
(5) None of these
(3) 15% (4) 16%
14. A man purchases 8 pens for Rs. 9 and sells 9
pens for Rs. 8. How much profit or loss does he (5) None of these
make? 20. If selling price is doubled, then the profit triples.
(1) 21% (2) 24% Find the profit percent
(3) 20% (4) 25% (1) 66% (2) 100%
(5) None of these (3) 105% (4) 120%
15. A boy buys oranges at 9 for Rs. 15 and sells them (5) None of these
at 8 for Rs. 20. What is his gain or loss percent?
21. Mr. X, a business man, had income in the year
(1) 45% (2) 50% 1995 such that he earned a profit of 20% on his
(3) 60% (4) 75% investment in the business. In the year 1996 his
investment was less by Rs. 5000 but still had the
(5) None of these same income (Income — Investment I + Profit)
16. At what price should a shopkeeper mark a radio as that in 1995. Thus the percent profit earned in
that cost him Rs. 1200 in order that he may offer 1996 increased by 6%. What was his investment
a discount of 20%. On the marked price and still in 1995?
make a profit of 25%?
(1) Rs. 1,00,000 (2) Rs.1,00,500
(1) Rs. 1675 (2) Rs. 1875
(3) Rs. 1,05,000 (4) D a t a
(3) Rs. 1900 (4) Rs. 2025 inadequate
(5) None of these (5) None of these
17. A dealer sold a sofa set at a profit of 18%. Had 22. By selling 12 toffees for a rupee, a man loses 20%.
he sold it for Rs.450 less, he would have gained How many for a rupee should he sell to get a gain
12%. For what value should he sell it in order to of 20%?
gain 15%?
(1) 5 (2) 8
(1) Rs.8880 (2) Rs.8850
(3) 10 (4) 15
(3) Rs.8550 (4) Rs.9850
(5) None of these
(5) None of these
23. At what percent above the cost price must a
shopkeeper mark his goods so that he gains 20% percent.
even after giving a discount of 10% on the marked
(1) 10% (2) 15%
price?
(3) 17% (4) 18%
(1) 25% (2) 30%
(5) None of these
(3) 33% (4) 37%
30. Naresh purchased a TV set for Rs.l 1,250 after
(5) None of these
getting discount of 10% on the labeled price. He
24. A sells a calculator to B at a profit of 30%; B sells spent Rs.150 on transport and Rs.800 on
it to C at a loss of 20%. If C pays for the calculator installation. At what price should it be sold so that
Rs.1040, then the purchase price of A is the profit earned would be 15% if no discount was
offered?
(1) Rs.1000 (2) Rs.1200
(1) Rs. 12,937.50 (2) Rs. 14,030
(3) Rs.1500 (4) Rs.900
(3) Rs. 13,450 (4) Rs.l5,467.50
(5) None of these
(5) None of these
25. A sells a radio to B at 20% gain. B sells to C at a
gain of 30%. If C pays Rs.624 for it, then what 31. If there is a profit of 30% and the selling price of
did it cost A? an article is 520, then what is the cost price of the
article?
(1) Rs.500 (2) Rs.400
(1) Rs. 300 (2) Rs. 400
(3) Rs.300 (4) Rs.200
(3) Rs. 200 (4) Rs. 100
(5) None of these
(5) None of these
26. Anita purchased a bracelet for Rs.x. She sold it to
32. If the cost price of an article is 40% of the selling
her friend Gurmeet at a loss of 10%. Gurmeet
price, then the selling price is what percent of the
sold it to Sheetal at a gain of 20%. If Sheetal paid
cost price?
Rs. 972 for it, then what did it cost Anita?
(1) 100% (2) 150%
(1) Rs.800 (2) Rs.1000
(3) 200% (4) 250%
(3) Rs.1200 (4) Rs.900
(5) None of these
(5) None of these
33. A reseller buys a chair for Rs. 4500.For how much
27. A trader marks his goods 25 percent above the he should sell it to gain a profit of 8 %?
cost price. He allows 12% discount on the marked
(1) Rs. 4350 (2) Rs. 4500
price. The gain percent is
(3) Rs. 5000 (4) Rs. 4200
(1) 10% (2) 30%
(5) None of these
(3) 40% (4) 20%
34. By selling a motor bike for Rs. 7200, Sunil loses
(5) None of these
10%. What is the cost of the motor bike?
28. A dishonest shopkeeper professes to sell his goods
(1) Rs. 6380. (2) Rs. 6480
at cost price but he uses a weight of 800 gm for
the kg weight. Find his gain percent. (3) Rs. 5480 (4) Rs. 6500
(1) 25% (2) 24% (5) None of these
(3) 35% (4) 30% 35. Sam buys 10 apples for 48Rs. At what price should
he sell a dozen apples if he wishes to make a profit
(5) None of these
of 25%?
29. A dishonest shopkeeper professes to sell cloth at
(1) Rs. 70 (2) Rs. 75
the cost price but he uses faulty meter rod. His
meter rod measures 85 cm only. Find his gain (3) Rs. 72 (4) Rs. 80
(5) None of these 42. At what percent above the cost price must a
shopkeeper mark his goods so that he gains 20%
36. If the cost price of 20 articles is equal to the selling
even after giving a discount of 10% on the marked
price of 25 articles, then what is the % profit or
price?
loss made by the merchant?
(1) 43.33% (2) 30.33%
(1) 20% Loss (2) 10% Profit
(3) 33.33% (4) 40.33%
(3) 20% Profit (4 25% Loss
(5) None of these (5) None of these
43. A man buys two tables for Rs 1350. He sells one
37. By selling 66 meters of cotton cloth, Ram makes
so as to lose 6% and the other so as to gain 7.5 %.
loss, equivalent to the selling price of 11 meters of
On the whole he neither gains nor loses. What
the same cloth. Find the Loss%.
does each table cost?
(1) 15.28% Profit (2) 14% Loss
(1) Rs. 500 (2) Rs. 600
(3) 13.28% Loss (4) 14.28% Loss
(3) Rs. 650 (4) Rs. 700
(5) None of these
(5) None of these
38. The cost price of an article is 64% of the marked
44. Reena bought an item at 20% discount on its
price. Calculate the gain percent after allowing a
original price. He sold it with 40% increase on the
discount of 12%?
price he bought it. The new sale price is by what
(1) 35.5% (2) 37.5% percent more than the original price?
(3) 36.5% (4) 32.5% (1) 13% (2) 12%
(5) None of these (3) 14% (4) 15%
39. By selling an umbrella for Rs. 300, a shopkeeper (5) None of these
gains 20%. During a clearance sale, the 45. A shopkeeper sold an article offering a discount
shopkeeper allows a discount of 10% on the of 5% and earned a profit of 23.5%. What would
marked price. His gain percent during the sale is have been the percentage of profit earned if no
(1) 8% (2) 5% discount was offered?
(3) 4% (4) 10% (1) 30% (2) 25%
(5) None of these (3) 20% (4) 45%
40. After successive discounts of 12% and 5% on an (5) None of these
article, it was sold for Rs. 200. What was the 46. By selling an article for Rs. 19.50 a dealer makes
original price of the article? a profit of 30 %. By how much should he increase
(1) Rs. 235 (2) Rs. 200 his selling price so as to make a profit of 40%?
(3) Rs. 300 (4) Rs. 238 (1) Re. 1 (2) Rs. 2
(5) None of these (3) Rs. 1.5 (4) Rs. 3
41. A man buys an article and sells it at a profit of (5) None of these
20%. If he bought it at 20% less and sold it for Rs 47. A man bought a certain quantity of rice at the rate
75 less, he would have gained 25%. What is the of Rs. 150 per quintal. 10% of the rice was spoiled.
cost price? At what price should he sell the remaining to gain
(1) Rs. 192.5 (2) Rs. 200.25 20 % of his outlay?
(3) Rs. 190.5 (4) Rs. 225 (1) Rs. 200 (2) Rs. 400
(5) None of these (3) Rs. 300 (4) Rs. 250
(5) None of these the discount percentage is?
48. A man buys two chairs each at Rs. 5000 and (1) 14% (2) 13%
gaining 10% on one and losing 10% on the other (3) 15% (4) 10%
one. What is his profit or loss %age?
(5) None of these
(1) 10% Loss (2) 10% Profit
55. Merchant who marked his goods up by 50%
(3) 20% Loss (4) 20% Profit subsequently offered a discount of 20%. What is
(5) No Loss or Profit the percentage profit that the merchant makes
after offering the discount?
49. Hitesh bought two horses at Rs.5000 each. He
sold one at a profit of 10% and the other one at a (1) 25% (2) 20%
loss of 20%. What is his net profit or loss %age (3) 15% (4) 21%
on the entire transaction?
(5) None of these
(1) 10% Profit (2) 20% Loss
56. A pair of articles was bought for Rs. 37.40 at a
(3) 20% Profit (4) 5% Profit discount of 15%.What must be the marked price
(5) None of these of each of the articles?
50. A man sells two horses each for Rs. 12000. He (1) Rs. 25 (2) Rs. 26
sells one at a profit of 20% and the other at a loss (3) Rs. 22 (4) Rs. 28
of 20%.Find his overall Profit/Loss?
(5) None of these
(1) 1.0% Profit (2) 2.0% Profit
57. Buy 1 get 3 free. What is the discount percent
(3) 3.0% Profit (4) 2.1% Profit that is being offered here?
(5) None of these (1) 65% (2) 75%
51. Raju sells his car with a profit of 10% to Anil and (3) 45% (4) 55%
Anil sells it to Rajeev with a profit of 20%. What
is the price at which Raju bought the car if Rajeev (5) None of these
bought the car at Rs. 400? 58. A shopkeeper offers 2.5% discount on cash
(1) Rs. 343 (2) Rs. 303 purchases. What cash amount would Rajeev pay
for a cycle, the marked price of which is Rs.640?
(3) Rs. 353 (4) Rs. 350
(1) Rs. 625 (2) Rs. 624
(5) None of these
(3) Rs. 650 (4) Rs. 680
52. A shopkeeper fixes the marked price of an item
35% above its cost price. The percentage of (5) None of these
discount allowed to gain 8% is 59. What is the maximum percentage discount that a
(1) 40% (2) 25% merchant can offer on his marked price so that he
ends up selling at no profit or loss, if she had initially
(3) 50% (4) 30%
marked her goods up by 50%?
(5) None of these
(1) 32.44% (2) 35.44%
53. If the margin percentage on a certain item is 40%,
then what will be the profit if the cost price is Rs. (3) 36.44% (4) 33.44%
600? (5) None of these
(1) Rs. 240 (2) Rs. 250 60. If an article is marked up by 40% of the cost price
(3) Rs. 260 (4) Rs. 270 and then two successive discounts of 20% and
20% are given, then what is the profit or loss %
(5) None of these
age?
54. A cap marked at Rs. 80 is sold for Rs. 68, then
(1) 10.4% Loss (2) 12.4% Loss
(3) 11.4% Loss (4) 15.4% Loss %?
(5) None of these (1) 43.33% (2) 42.33%
61. Two successive rises of 10% and 20% are equal (3) 41.33% (4) 40.33%
to a net % age rise of__________? (5) None of these
(1) 32% (2) 34% 68. The ratio of the cost price and the selling price is
2: 3. What is the profit percentage?
(3) 35% (4) 38%
(1) 60% (2) 70%
(5) None of these
(3) 50% (4) 60%
62. If a shopkeeper gives an article worth Rs.300 free
(5) None of these
with every two articles worth Rs.500, then what
should be the mark up % age such that after selling 69. If I mark up my articles by 20% and use a balance,
two articles he neither gains nor loses? which weighs 1100 gms instead of 1000 gms, then
what is my net profit or loss %age?
(1) 38.5% (2) 35.5%
(1) 32% (2) 33%
(3) 39.5% (4) 37.5%
(3) 35% (4) 40%
(5) None of these
(5) None of these
63. Some articles were bought at 6 for Rs 5 and sold
at 5 for Rs.6. What is the profit percentage? 70. After marking up the articles by 40%, a
shopkeeper gives a discount of 20%, what is his
(1) 45% (2) 60%
net profit % age?
(3) 50% (4) 52%
(1) 25% (2) 20%
(5) None of these
(3) 12% (4) 13%
64. A vendor bought toffees at 6 for a rupee. How
(5) None of these
many for a rupee must he sell to gain 20%?
71. When a plot is sold for Rs.18, 700, the owner loses
(1) 5 (2) 6
15%. At what price must the plot be sold in order
(3) 7 (4) 8 to gain 15%?
(5) None of these (1) Rs. 25300 (2) Rs. 25500
65. Which is profitable for the customer: - i) Three (3) Rs. 20300 (4) Rs. 21300
successive discounts of 10%, 20%, 30% OR ii)
three successive discounts of 20%? (5) None of these
(1) ii (2) i 72. A shopkeeper sells one transistor for Rs.840 at a
gain of 20% and another for Rs. 960 at a loss of
(3) Both i and ii (4) D a t a
4%. His total gain or loss percent is
inadequate
(5) None of these (1) 6.88% (2) 7.88%
66. By selling an article at 40% profit I get Rs.48 more, (3) 4.88% (4) 3.88%
than if it would have been sold at a loss of 20%? (5) None of these
At what price it should be sold to earn a profit of
73. If both the selling price and the cost price are
35%?
increased by 10%, then what will be the change
(1) Rs. 105 (2) Rs. 108 in the profit Percent?
(3) Rs. 110 (4) Rs. 115 (1) Increase 10% (2) Increase 20%
(5) None of these (3) Decrease 10% (4) Decrease 20%
67. By selling an article for Rs.732, I get a profit of (5) No change
25% on the selling price. What is my actual profit
74. If the cost price of 12 pens is equal to the selling 77. A dishonest dealer professes to sell his goods at
price of 8 pens, then the profit percent is cost price but uses a weight of 700 gms for 1 kg.
(1) 50% (2) 60% Find his gain percent.
(3) 40% (4) 30% (1) 42.85% (2) 43.85%
(5) None of these (3) 44.85% (4) 42.86%
75. By selling 33 metres of cloth, one gains the selling (5) None of these
price of 11 metres. Find the gain percent. 78. A retailer marks all his goods at 50% above the
(1) 40% (2) 30% cost price and thinking that he will still make a
profit of 25%, offers a discount of 25% on the
(3) 20% (4) 50% marked price. What is his actual profit on the sales?
(5) None of these (1) 13.5% (2) 12.5%
76. A dishonest seller uses a weight of 800 g in place (3) 14.5% (4) 15.5%
of 1 kg and adds 20% impurities in sugar. What
would be his profit percentage if he claims to be (5) None of these
selling at cost price? 79. Rajat purchased a bike for Rs.80, 000 and spent
(1) 40% (2) 32% Rs. 5000 on repair and Rs.1000 on transport. He
then sold it with 25% profit. At what price did he
(3) 50% (4) 44% sell the bike?
(5) None of these
(1) Rs. 107500 (2) Rs. 105500
(3) Rs. 107000 (4) Rs. 107800
(5) None of these
ANSWERS
1. 2 15. 2 29. 5 43. 5 57. 2 71. 1
2. 3 16. 2 30. 4 44. 2 58. 2 72. 5
3. 1 17. 5 31. 2 45. 1 59. 4 73. 5
4. 4 18. 3 32. 4 46. 3 60. 5 74. 1
5. 1 19. 2 33. 5 47. 1 61. 1 75. 4
6. 2 20. 2 34. 2 48. 5 62. 4 76. 3
7. 5 21. 3 35. 3 49. 5 63. 5 77. 1
8. 5 22. 2 36. 1 50. 5 64. 1 78. 2
9. 1 23. 5 37. 4 51. 2 65. 1 79. 1
10. 3 24. 1 38. 2 52. 5 66. 2
11. 3 25. 2 39. 1 53. 5 67. 5
12. 4 26. 4 40. 4 54. 3 68. 3
13. 2 27. 1 41. 1 55. 2 69. 1
14. 1 28. 1 42. 3 56. 3 70. 3
