Profit and Loss
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Profit and Loss
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25 Questions

1. Kamya purchased an item of Rs. 46 - 000 and sold it at a loss of 12 percent. With that amount she purchased another item and sold it at a gain of 12 percent. What was her overall gain/loss?
2. A trader sells 145 metres of cloth for Rs 12 - 325 at the profit of Rs 10 per metre of cloth. What is the cost price of 1 metre of cloth?
3. A man sold a wristwatch for Rs 2 - 400 at a loss of twenty five per cent. At what rate should he have sold the wristwatch to earn a profit of twenty five per cent ?
4. Prof. Chatterjee bought a car and got 15% of its original price as a dealer's discount. He then sold It at 20% profit on his purchase price. What percentage profit did he get on the original price ?
5. A-™ sold an article for Rs. 8000 and incurred a loss. Had he sold the article for Rs. 9800 - his gain would have been twice the amount of loss. At what price should the article be sold to earn 20% profit?
6. A shopkeeper sells notebooks at the rate of Rs 45 each and earns a commission of 4%. He also sells pencil box at the rate of Rs 80 each and earns a commission of 20%. How much amount of commission will he earn in two weeks if he sells 10 notebooks - and 6 pencil boxes a day ?
7. Of the two varieties of rice available - variety A is bought at Rs. 32 per kg. and variety B at Rs. 80 per kg. Two varieties of rice are mixed together in the respective ratio of 8:5 and the mixture is sold at Rs. 72 per kg. What per cent of profit approximately the Seller receives ?
8. Rajni purchased a mobile phone and a refrigerator for Rs 12 - 000 and Rs 10 - 000 respectively. She sold the refrigerator at a loss of 12 per cent and mobile phone at a profit of 8 per cent. What is her overall loss/profit?
9. The income of a broker remains unchanged though the rate of commission is increased from 4 per cent to 5 per cent. The percentage of slump in business is:
10. A vendor sells calculators at the rate of Rs. 250 each and earns d commission of 20% on each- He also sells pens at the rate of Rs. 50 each and earns a commission of 10% on each. How much amount of commission will he earn in three days if he sells 10 calculators and 5 pens a day ?
11. A shopkeeper bough a table marked at Rs. 200 at successive discounts of 10% and 15% respectively. He spent Rs. 7 on transport and sold the table for Rs. 208. What will be his profit percentage?
12. Rehaan purchased a bike for Rs. 54 - 000.He sold it at a loss of 8 per cent. With that money he again purchased another bike and sold it at a profit of 10 per cent. What is his overall loss/ profit ?
13. What profit/loss per cent did Ravi earn if he purchased an item of Rs 5 - 600 and sold it at threefourth of its cost price ?
14. If on selling 12 notebooks any seller makes a profit equal to the selling price of 4 notebooks - what is his per cent profit?
15. An article is sold at a loss of 10%. Its cost price is Rs 800. A discount of 20% was offered on the labeled price while selling. What is the loss per cent at the labeled price?
16. A trader marks up his goods by 50%. However - he could sell only-third of his stock at this price. The half of the remaining stock was sold at a discount of 7.14% and the remaining at a discount of 16.67%. Find the overall percentage profit of the trader.
17. A wholesaler blends two varieties of tea - one costing Rs. 60 per kilogram and another costing Rs.110.5 per kilogram. The respective ratio of quantities they were mixed in was 7 : 2. If he sold the mixed variety at Rs. 100 per kilogram - how much was his profit percentage?
18. A trader has 400 kg of rice; He sells a part of it at a profit of 36% and remaining part at a loss of 24%. He overall loses 12% in the whole transaction. Find the quantity of rice sold at 24% loss.
19. The value of machine depreciates at the rate of 12 per cent per annum. It was purchased three years ago. Its present value is Rs 29644.032 - what was the purchase price of the machine?
20. The profit after selling a pair of trousers for Rs. 863 is the same as the loss incurred after selling the same pair of trousers for Rs. 631. What is the cost price of the pair of trousers?
21. A merchant buys two items for Rs. 7500. One item he sells at a profit of 16% and the other item at 14% loss. In the deal the merchant makes neither any profit nor any loss. What is the difference between selling price of both the items? (in rupees)
22. A person bought 864 articles and sold 800 of them for the price he paid for 864 articles. He sold the remaining articles at the same price per article as the other 800 - The percentage gain on the entire transaction is
23. An article was sold for Rs. 5220 at a loss of 42% of the cost price. What will be the selling price of the article for a profit of 42% ?
24. Profit earned by an organization is distributed among officers and clerks in the ratio of 5 : 3 respectively. If the number of officers is 45 and the number of clerks is 80 and the amount received by each officer is Rs 25 - 000 - what was the total amount of profit earned ?
25. Three partners A - B and C started a business with an investment of Rs. 14000 each. A withdrew Rs. 2000 after two months. B invested Rs. 2000 more and C invested Rs. 4000 more at the same time. Total profit earned at the end of the year was Rs. 54400. Find A-™s share in the profit.

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