Profit and Loss
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Profit and Loss
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25 Questions

1. 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 ?
2. 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% ?
3. 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?
4. A watch is sold at a profit of 20%. If both the cost price and the selling price of the watch are decreased by Rs. 100 - the profit would be 5% more. Original cost price of the watch is
5. Suresh bought 25 kg of wheat at Rs. 30 per kg. and 15 kg of wheat at Rs. 40 per kg. He mixed the two varieties together and sold it at Rs. 45.50 per kg. Find out the profit he got.
6. 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.
7. Prasad sold his work tools for Rs 1850 and earned a profit of 25 per cent. At what price did Prasad buy the work tools?
8. 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?
9. 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 ?
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. 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.
12. A shopkeeper sells two watches for Rs. 308 each. On one he gets 12% profit and on the other 12% loss. His profit or loss in the entire transaction was ?
13. Vinod makes a profit of Rs. 110 if he sells a certain number of pencils he has at the price of Rs. 2.5 per pencil and incurs a loss of Rs. 55 - if he sells the same number of pencils for Rs. 1.75 per pencil. How many pencils does Vinod have ?
14. Seema purchased an item for Rs. 9 - 600 and sold it for a loss of 5 percent. From that money she purchased another item and sold it for a gain of 5 percent - What is her overall gain/loss?
15. Two mobile phones were purchased at the same price. One was sold at a profit of 30% and the second was sold at a price which was Rs. 2500 less than the price at which the first was sold. If the overall profit earned by selling both the mobile phones was 5% - what was the cost price of one mobile phone?
16. Meera purchased an item for Rs. 62 - 000 and sold it at loss of 25 percent. With that amount she purchased another item and sold it at a gain of 30 percent. What was her overall gain/loss?
17. 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:
18. By selling 18 chocolates - a vendor loses the selling price of 2 chocolates. Find his loss percent.
19. An Item was bought at Rs. X and sold at Rs. Y - there by earning a profit of 20%. Had the value of X been 15% less and the value of Y been Rs. 76 less - a profit of 30 would have been earned. What was the value of X?
20. 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?
21. 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?
22. 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)
23. 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 ?
24. 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 ?
25. If the cost price of 24 articles is equal to the selling price of 21 articles - what is the percentage gain or loss?

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