Practise 8
Practise 8
PROFIT LOSS
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Q1. A man buys 10 articles for Rs. 8 and sells (d) Rs.8.5
them at the rate of Rs. 1.25 per article. His
Q5. A Person buys 12 eggs for Rs. 15 and
gain percent is:
sells them at 10 for Rs. 14. What does he
1
(a) 56 % gain or lose per cent?
4
(b) 50 (a) 10% loss
(c) 19% (b) 12% profit
(d) 20% (c) 12% loss
Q2.The profit earned by selling an article for (d) 15% profit
Rs. 515 is equal to the loss incurred when Q6.A dishonest dealer sells the goods at
the same article is sold for Rs. 475. What 44% loss on cost price but uses 30% less
should be the selling price of the article for weight. What is his percentage profit or
making 40% per cent profit? loss?
(a) Rs.693 (a) 28% gain
(b) Rs.707 (b) 20% gain
(c) Rs.683 (c) 20% loss
(d) Rs.673 (d) 25% loss
Q3. A reduction of 10 per cent in the price of Q7.A seller uses 1250 gm in place of one kg
potatoes enables me to obtain 25 kg more to sell his goods. Find his actual % profit or
for Rs. 225. What is the reduced price per loss, when he sells his article on 25% gain on
kg? Find also the original price per kg. cost price?
(a) (b) Re 1, Rs 2 (a) 25% loss
(b) Rs 0.9, Re 1 (b) 15% gain
(c) None of these (c) Neither loss nor gain
(d) Rs. 0.8, Rs. 2 (d) Can't be determined
Q4. A 25% hike in the price of tea forces a Q8.A person sold a chair at a profit of 14%.
person to purchase2 kg less for Rs. 75. Find Had he sold it for Rs. 15 more, 17% would
the original price of the tea. have been gained. Find the cost price.
(a) Rs.7 (a) Rs. 550
(b) Rs.8 (b) Rs. 650
(c) Rs.7.5 (c) Rs. 600
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(a) Rs. 176 Q14. A person bought two horses for Rs.
(b) Rs. 186 960. He Sold one at a loss of 20% and the
(c) Rs. 196 other at a gain of 60% and he found that
(d) Rs. 156 each horse was sold at the same price. Find
the cost price of two horses:
Q11. An article is sold at 30% profit. If its
cost price and selling price are less by Rs. 25 (a) Rs. 640, Rs. 320
and Rs. 19 respectively the percentage (b) Rs. 540, Rs. 420
profit increases by 20%. Find the cost price (c) Rs. 440, Rs. 520
(d) Rs. 650, Rs. 310
(a) Rs. 92.5
𝟓
(b) Rs, 97 Q15. of a consignment was sold at 16%
𝟖
(c) Rs. 98 loss and the rest at a profit of 8%. If there
(d) Rs. 98.5 was an overall loss of Rs. 140, find the value
Q12.An article is sold at 45% profit. If its of the consignment?
cost price is increased by Rs. 80 and at the (a) Rs. 2500
same time if its selling price is also (b) Rs. 2000
increased by Rs. 70, the percentage of profit (c) Rs. 2400
becomes 30%. Find the cost price: (d) Rs. 1800
2
(a) Rs. 226
3
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Q16. If goods be purchased for Rs. 380, and each table was sold at the same price. Find
𝟐 the cost prices of the two tables.
rd be sold at a loss of 15 per cent, at what
𝟑
gain per cent should the remainder be sold (a) Rs. 460, Rs. 400
so as to gain 10 per cent on the whole (b) Rs. 440, Rs. 420
transaction. (c) Data inadequate
(d) Rs. 480, Rs. 380
(a) 70%
(b) 60%
(c) 40%
(d) 90% Q20. Raman buys 5 pens and 30 pencils for
Rs. 1000. He sells the pens at a profit of 15%
Q17. A man buys coffee for Rs. 7200. He and pencils at a profit of 10% and makes a
𝟑
sells th of it at a profit of 24%. At what per total profit of Rs. 120. Find the cost of a pen
𝟖
𝟓 and of a pencil.
cent gain should he sell remaining th so as
𝟖
to make an overall profit of 21% on the (a) Rs.85, Rs. 15
whole transaction? (b) Rs. 70, Rs. 30
(c) Rs. 80, Rs. 20
(a) 18%
(d) Data inadequate
(b) 205%
(c) 19% Q21. A person bought some oranges at the
(d) Data inadequate rate of 12 per rupee. He bought the same
number of oranges at the rate of 8 per
Q18. Oranges are bought at 12 for a rupee
rupee. He mixes both the types and sells at
and an equal number more at 8 for a rupee.
20 for rupees 2. In this business he bears a
If these are sold at 15 for a rupee, find the
loss of Rs. 8. Find out how many oranges he
loss or gain per cent.
bought in all?
(a) 36% profit
(a) 1680
(b) 36% loss
(b) 1820
(c) 38% loss
(c) 1920
(d) 38% profit
(d) 1290
Q19. A person bought two tables for Rs.
Q22. A man buys two horses for Rs. 1550.
860. He sold one at a gain of 5% and the
He sells one so as to lose 23% and the other
other at a gain of 10% and he found that
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(a) Rs. 817, Rs. 733 Q26. Miheer calculates his profit percentage
(b) Rs. 807, Rs. 743 on the selling price whereas Satya calculates
(c) Rs. 837, Rs. 713 his profit on the cost price. They find that
(d) Rs. 827, Rs. 723 the difference of their profits is Rs. 110. If
the selling price of both of them are the
Q23. A trader bought a car at 5% discount
same, and Miheer gets 10% profit and Satya
on its original price. He sold it at 10%
gets 5% profit, then find their selling price.
increase on the price he bought it. What
percentage of profit did he make on the (a) Rs. 2250
original price? (b) Rs. 2100
(c) Rs. 1750
(a) 6.5%
(d) Rs. 2200
(b) 5.5%
(c) 4.5%
(d) 3.5%
Q27. Aman sells two horses for Rs. 11900.
Q24. 20 kg of potato costs as much as 5 kg The cost price of the first is equal to the
of tomato, 12 kg of tomato costs as much as selling price of the second. If the first is sold
30 kg of onion, 15 kg of onion costs as much at 30% loss and the second at 25% gain,
as 18 kg of cabbage. If 10 kg of cabbage what is his total gain or loss (in rupees)?
costs Rs. 50. find the cost of 24 kg of potato.
(a) Rs. 700 loss
(a) Rs. 90 (b) Rs. 600 loss
(b) Rs. 72 (c) Rs. 700 gain
(c) Rs. 108 (d) Rs. 750 gain
(d) Rs. 96
Q36. Naresh purchased a TV set for Rs. Q39. Nandu purchased a mobile phone and
11250 after getting discount of 10% on the got a discount of 5% from dealer. He sold
labelled price. He spent Rs.150 on transport that mobile phone at a profit of 10% on his
and Rs. 800 on installation. At what price purchase price. What is his percentage
should it be sold so that the profit earned profit on actual price of the mobile phone?
would have been 15%, if no discount was
(a) 2%
offered?
(b) 3%
(a) Rs. 14030 (c) 4.5%
(b) Rs, 12938 (d) 5%
(c) Rs. 15467
Q40. In a sale, a perfume is available at a
(d) Rs. 13450
discount of 15% on the selling price. If the
Q37. The owner of an electronics shop perfume's discounted selling price is Rs.
charges his customer 22% more than the 3675.4, what was the original selling price of
cost price. If a customer paid Rs. 10980 for a the perfume?
DVD player, then what was the cost price of
(a) Rs. 4324
the DVD player?
(b) Rs. 4386
(a) Rs. 8800 (c) Rs. 4400
(b) Rs. 8000 (d) Rs. 4294
(c) Rs. 9000
Q41. Aman buys an article for Rs. 27.50 and
(d) Rs. 9500
sells it for Rs. 28.60. Find the gain percent?
Q38. A company pays a rent of Rs. 25000
(a) 4%
per month for office space to its owner, But
(b) 3%
if the company pays the annual rent at the
(c) 10%
beginning of the year, the owner gives a
(d) 5%
discount of 5% on the total annual rent?
What is the annual amount the company Q42. If a radio is purchased for Rs. 490 and
pays to the owner after the discount? sold for Rs. 465.50. Find the loss%?
Q47.A person incurs 5% loss by selling a Q51. Two discounts of 40% and 20% equal
watch for Rs. 1140. At what price should the to a single discount of?
watch be sold to earn 5% profit? (a) 53%
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(a) 9.25% Q78. A man sold an article for Rs. 6800 and
(b) 12.5% incurred a loss. Had he sold the article for
(c) 15.75% Rs.7850, his gain would have been equal to
(d) 17.20% half of the amount of loss that he incurred.
At what price should he sell the article to
Q75. A Sshopkeeper marks the price of an
have 20% profit?
article at Re 180. What will be the selling
price, if he allows two successive discounts (a) Rs.7500
of 5% each? (b) Rs. 9000
(c) Rs. 10680
(a) 161.55
(d) Rs. 9600
(b) 184.5
(c) 172.45 Q79. A shopkeeper sold a TV Set for Rs.
(d) 162.45 17940 with a discount of 8% and gained
19.6%. If no discount is allowed, then what
Q76.A person bought two books for Rs.
will be his gain percentage?
1200 each. He sold one at a profit of 20%
and the other at a loss of 20%. What would (a) 25
be his overall profit or loss in the (b) 30
transaction? (c) 35
(d) 26.4
(a) 4% profit
(b) 4% loss Q80. A milk man makes a profit of l0% on
(c) 2% profit the sale of milk. If he were to add water
(d) No profit no loss such that it makes up to 20% of the mixture,
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by how many percentage points would his Q84.A shopkeeper marks his goods at 40 %
profit increase? above its Cost price and allows a discount of
15 %. How much profit/Loss percent does
(a) 37.5
he make?
(b) 30
(c) 25.5 (a) 15%
(d) 27.5 (b) 21%
(c) 24%
Q81.A trade man marks his goods at 25 %
(d) 19%
above its cost price and allows a discount of
30 %. How much profit/Loss percent does Q85. Priyanka bought a microwave oven
he make? and paid 10% less than its original price. She
sold it at 30% profit on the price she paid.
(a) 15%
What percentage of profit did she earn?
(b) 17%
(c) 12.5% (a) 29
(d) 21.25% (b) 18
(c) 20
Q82. A shopkeeper earns a profit of 10%
(d) 27
after allowing a discount of 30% on the
market price. Find the Cost Price of the Q86. A Merchant marks his goods up by 40%
article whose marked price is 1320? and then offers a discount on the marked
price. If the final selling price after the
(a) 900
discount results in the merchant making no
(b) 760
profit or loss, what was the percentage of
(c) 840
discount offered by the merchant?
(d) 1060
(a) 28.56%
Q83. Applied to a bill for Rs. 2,00,000, the
(b) 37.5%
difference between a discount of 40 % and
(c) 12.33%
two successive discount of 36 % and 4 % is?
(d) 32%
(a) 3640
Q87. A man buys an article at the rate of Rs.
(b) 4820
450 and sold it x% profit. If second person
(c) 5260
marks up 20% above and sells at a discount
(d) 2880
of 25% and the new selling price of an
article is Rs. 486, then find the value of ‘x’?
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Q89. A man sells two tables at 150 each and (a) 125 per kg
by doing so gains 25% on one table and (b) 115 per kg
losses 25% on other table. His loss on the (c) 118 per kg
whole in Rs. Is? (d) 120 per kg
Q99. A shopkeeper allows a discount of 20% Q100. What price he actually sold it. Kannan
on marked price of a certain article yet purchased a Television at Rs 70000, then got
earns a profit of 15% on cost price. Marked it repaired Rs 8000, then gave its
price of the article is Rs.460. What would transportation Rs.4000. Then he sold it with
have the selling price of the article, had the 50% of profit?
shopkeeper sold it at 30% profit?
(a) 123000
(a) Rs.420 (b) 124560
(b) Rs.416 (c) 78000
(c) Rs.404 (d) 78650
(d) Rs.412
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Answers
Q1. ANS A
Solution:
Q2. ANS A
Solution:
Q3. ANS B
Solution:
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Q4. ANS C
Solution:
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Q5. ANS B
Solution:
Q6. ANS C
Solution:
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Q7. ANS C
Solution:
Q8. ANS D
Solution:
Q9. ANS B
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Solution:
Q10. ANS A
Solution:
Q11. ANS A
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Solution:
Q12. ANS A
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Solution:
Q13. ANS D
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Solution:
Q14. ANS A
Solution:
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Q15. ANS B
Solution:
Q16. ANS B
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Solution:
Q17. ANS C
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Solution:
Q18. ANS B
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Solution:
Q19. ANS B
Solution:
Q20. ANS C
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Solution:
Q21. ANS C
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Solution:
Q22. ANS C
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Solution:
Q23. ANS C
Solution:
Q24. ANS A
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Solution:
Q25. ANS A
Solution:
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Q26. ANS B
Solution:
Q27. ANS A
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Solution:
Q28. ANS A
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Solution:
Q29. ANS C
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Solution:
Q30. ANS D
Solution:
Q31. ANS A
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Solution:
Q32. ANS C
Solution:
Q33. ANS C
Solution:
Q34. ANS B
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Solution:
Q35. ANS D
Solution:
Q36. ANS C
Solution:
Q37. ANS C
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Solution:
Q38. ANS A
Solution:
Q39. ANS C
Solution:
Q40. ANS A
Solution:
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Q41. ANS A
Solution:
Q42. ANS A
Solution:
Q43. ANS A
Solution:
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Q44. ANS D
Solution:
Q45. ANS A
Solution:
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Q46. ANS A
Solution:
Q47. ANS C
Solution:
Q48. ANS D
Solution:
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Q49. ANS C
Solution:
Q50. ANS D
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Solution:
Q51. ANS D
Solution:
Q52. ANS D
Solution:
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Q53. ANS B
Solution:
Q54. ANS C
Solution:
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Q55. ANS B
Solution:
Q56. ANS A
Solution:
Q57. ANS B
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Solution:
Q58. ANS B
Solution:
Q59. ANS D
Solution:
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Q60. ANS B
Solution:
Q61. ANS A
Solution:
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Q62. ANS A
Solution:
Q63. ANS B
Solution:
Q64. ANS B
Solution:
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Q65. ANS D
Solution:
Q66. ANS C
Solution:
Q67. ANS B
Solution:
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Q68. ANS C
Solution:
Q69. ANS B
Solution:
=Rs.24000
Q70. ANS D
Solution:
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Q71. ANS B
Solution:
Q72. ANS B
Solution:
Q73. ANS B
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Solution:
Q74. ANS B
Solution:
Q75. ANS D
Solution:
Q76. ANS D
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Solution:
Q77. ANS C
Solution:
Q78. ANS B
Solution:
Q79. ANS B
Solution:
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Q80. ANS D
Solution:
Q81. ANS C
Solution:
Q82. ANS C
Solution:
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Q83. ANS D
Solution:
Q84. ANS D
Solution:
Q85. ANS D
Solution:
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Q86. ANS A
Solution:
Q87. ANS D
Solution:
Q88. ANS D
Solution:
Q89. ANS D
Solution:
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Q90. ANS D
Solution:
Q91. ANS B
Solution:
Q92. ANS A
Solution:
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Q93. ANS B
Solution:
Q94. ANS D
Solution:
Q95. ANS D
Solution:
Q96. ANS D
Solution:
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Q97. ANS C
Solution:
Q98. ANS C
Solution:
Q99. ANS B
Solution:
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Q100. ANS A
Solution:
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