Profit and Loss
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Profit and Loss
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25 Questions

1. 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 ?
2. The profit earned after selling an article for Rs. 1 - 516 are the same as loss incurred after selling the article for Rs. 1 - 112. What is the cost price of the article ?
3. If on selling 12 notebooks any seller makes a profit equal to the selling price of 4 notebooks - what is his per cent profit?
4. 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
5. 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.
6. 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 ?
7. The profit earned after selling an article for Rs. 1 - 754 is the same as loss incurred after selling the article for Rs. 1 - 492. What is the cost price of the article ?
8. 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?
9. 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?
10. A sells an item at 20% profit to B. B sells it to C at 10% profit. C sells it to D at Rs. 116 profit. Difference between the cost price of D and Cost price of A was Rs. 500. How much did B pay to A for the item ?
11. The profit earned after selling an article for Rs 878 is the same as loss incurred after selling the article for Rs 636. What is the cost price of the article?
12. Mr. X - a businessman had the income in the year 1995 - such that he earned a profit of 20% on his investment in the business. In the year 1996 his investment was less by Rs. 5 - 000 but still had the same income(Income = Investment + Profit) as that in 1995. Thus the per cent profit earned in 1996 increased by 6%. What was his investment in 1995 ?
13. If the manufacturer gains 10% - the wholesale dealer 15% and the retailer 25% - then the cost of production of an article Whose retail price is Rs. 1265 - is:
14. 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?
15. Meenal purchased a car for Rs. 2 - 50 - 000 and sold it for Rs. 3 - 48 - 000. What is the percent profit she made on the car?
16. 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 ?
17. A' bought a certain quantity of oranges at total cost of Rs. 1200. He sold 1/3rd of those oranges at 20% loss. If A earns an overall profit of 10% - at what percent profit did A sell the rest of the oranges?
18. 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 ?
19. 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?
20. 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 ?
21. If the cost price of 24 articles is equal to the selling price of 21 articles - what is the percentage gain or loss?
22. A shopkeeper bought 84 - Identical shirts priced at Rs.240 each. He spent a total of Rs. 3200 on transportation and packaging. He put the label of marked price of Rs. 420 on each shirt. He offered a discount of 15% on each shirt at the marked price. What is the total profit of the shopkeeper in the whole transaction?
23. A trader has 600 kgs of rice - a part of which he sells at 15% profit and the remaining quantity at 20% loss. On the whole - he incurs an overall loss of 6%. What is the quantity of rice he sold at 20% loss?
24. A shopkeeper bought 30 kg. of wheat at the rate of Rs. 45 per kg. He sold forty percent of the total quantity at the rate of Rs. 50 per kg. Approximately - at what price per kg - should he sell the remaining quantity to make 25 per cent overall profit ?
25. 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?

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