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PROFIT AND LOSS

1) The profit earned by selling an article for Rs-600 is equal to the loss incurred
when the same article is sold for RS-400. What should be the sale price of the
article for making 25% profit?
a. 425
b. 525
c. 625
d. 725
2) If the reduction of 20% in the price of sugar enables a person to buy more
2kg for Rs-30. Find the reduced and original price of the sugar?
a. 3 and 3
b. 4 and 4
c. 5 and 5
d. 1 and 1
3) If the hike of 10% in the price of sugar forces a person to purchase 2 kg less
for Rs-110. Find the new and original prices?
a. 3 and
b. 4 and
c. 5 and
d. 6 and
4) If a man purchases 11 oranges for Rs-10 and sells 10 oranges for Rs-11.How
much profit/loss does make?
a. 21%
b. 22%
c. 23%
d. 24%
5) A boy buys 9 oranges for Rs-16 and sells them at 11 for Rs-20.What does he
gain or loss%?
a. 2 %
b. 2 %
c. 3 %
d. 3 %
6) A dishonest seller professes to sell his goods at CP but uses a weight of
960gm for the Kg weight. Find his gain%?
a) 3.16 %
b) 2.16%
c) 4.16%
d) 1.16%
7) A grocer sells rice at profit of 10% and uses a weight which is 20% less. Find
his total %gain?
a) 27.5
b) 25.5
c) 37.5
d) 35.5
8) If the shopkeeper sells his goods at 6 % loss on CP but uses 14 gm instead
of 16 gm, then his p% or l%?
a) 7 and1/7
b) 6 and 1/7
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c) 5 and 1/7
d) 4 and 1/7
9) A dishonest seller sells his good at 6 % loss on CP but uses 12 % less
weight/.What is the P% or l%?5.14
a) 4.14
b) 5.14
c) 6.14
d) 7.14
10)
A seller uses 840 gm in place of one kg to sell his goods. Find the
actual %p or %l, when he sells his article on 4% gain on CP?
a) 23.80
b) 33.80
c) 43.80
d) 53.80
11)
If a dealer wants to earn 20% on an article after offering 30% discount
to the customer, by what % should he increase his marked price to arrive at
level price?
a) 71 %
b) 72 %
c) 73 %
d) 74 %
12)
A sells a good to B at a profit of 20% and B sells it to C at a profit at a
profit of 25%. If C pays Rs-225 for it, what was the CP of A?
a) 250
b) 150
c) 350
d) 450
13)
A sells a good to B at a loss of 20% and B sells it to C at a loss of 25%.
If C pays Rs-900 for it, at what price did A buy?
a) 1500
b) 2000
c) 2500
d) 3000
14)
A sells a good to B at a profit of 30% and B sells it to C at a loss of
20%. If C pays Rs-520 for it, at what price did A buy?
a) 200
b) 300
c) 400
d) 500
15)
I sold a book at a profit of 12%, had I sold it for Rs-18 more, 18% would
have been gained. Find CP?
a) 200
b) 300
c) 400
d) 500

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16)
A man sold a horse at a loss of 7%. Had he been be able to sell it at a
gain of 9%, it would have been fetched Rs-64 more than it did? What was the
CP?
a) 400
b) 500
c) 300
d) 200
17)
A sells an article at a profit of 10%. If he had bought it at 10% less and
sold it for Rs-3 more, he would have 25% gain. Find the CP?
a) 80
b) 100
c) 120
d) 140
18)
A person bought an article and sold it at a loss of 10%. If he had
bought it for 20% less and sold it for Rs-55 more, he would have had a profit
of 40%.Find the CP?
a) 50
b) 100
c) 150
d) 250
19)
A man sells an article at a profit of 20%. If he bought it at 20% less and
sold it for Rs-75 less, he would have gained 25%. What is the CP?
a) 375
b) 275
c) 475
d) 575
20)
A dealer sold a radio at a loss of 25%, Had he sold it for Rs-100 more,
he would have gained 7.5%. For what value should he sell it in order to gain
12 %.? Find the initial CP?
a) 1125,1000
b) 525,500
c) 2125,2000
d) 1525,1000
21)
A hawker sells oranges at a profit of 25%. If he increases the SP of
each orange by 30 paise, he earns a profit of 40%. Find the CP & SP?
a) 100,150
b) 200,250
c) 300,350
d) 400,450
22)
A man had to sell wheat at a loss of 10%. If he increases the price by
Rs-5 per kg, he would make a profit of 20%. Find the CP & initial SP?
a) 16.66 & 15
b) 14.44 & 14
c) 13.33 & 13
d) 15.55 & 15

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23)
A dealer sold a radio at a profit of 20%. Had he sold it for Rs-100 less,
he would have gained 15%, for what value should he sell it in order to gain
25%. Also find the initial CP?
a) 1000 & 1500
b) 2000 & 2500
c) 3000 & 3500
d) 4000 & 4500
24)
A dealer sold a radio at a loss of 20%. Had he sold it for Rs-100, he
would have lost 15%. For what value should he sell it in order to gain 25%.
Also find initial CP?
a) 1000 & 1500
b) 2000 & 2500
c) 3000 & 3500
d) 4000 & 4500
25)
An article is sold at a profit of 20%. If both the CP and SP are Rs-100
less, the profit would be 4% more. Find the CP?
a) 300
b) 400
c) 500
d) 600
26)
A man sells an article at a profit of 5%. If he reduces the price by Rs-4
per kg, he would make a loss of 15%. Find the CP and initial SP per kg of the
article?
a) 21
b) 32
c) 43
d) 54
27)
A hawker sells oranges at profit of 40%. If he reduces the SP of each
orange by 30 paise, he earns profit of 25%. Find the CP and initial SP of each
orange?
a) 80 & 180
b) 100 & 180
c) 200 & 280
d) 180 & 280
28)
An article is sold at 20% profit. If its CP and SP are less by Rs-10 & Rs-5
respectively and the P% increases to 10%. Find the CP?
a) 60
b) 70
c) 80
d) 90
29)
An article is sold at 25% profit. If its CP and SP are increased by Rs-20
and Rs-4 respectively, the %P decreases by 15%. Find the CP?
a) 100
b) 120
c) 130
d) 110

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30)
A person sells his table at a profit 15% and the chair at a loss of 5 %
but on the whole he gains Rs-16. On the other hand if he sells the table at a
loss of 5% and the chair at a profit of 15%, then he neither gains nor losses.
Find the CP and of the table and chair?
a) Rs-120,Rs-40
b) Rs-150,Rs-90
c) Rs-40,Rs-120
d) Data inadequate
31)
The CP of 10 articles is equal to SP of 9 articles. Find the P%?
a) 11 and 1/9
b) 12 and 2/9
c) 13 and 3/9
d) 14 and 4/9
32)
By selling 66 m cloth, one gains the CP of 22 m. Find P%?
a) 33 and 1/3
b) 22 and
c) 11 and
d) 10 and
33)
An article is sold at 20% profit. If the CP is increased by Rs-50 and at
the same time if its SP is also increased by Rs-30, then P% becomes 16
2/3% . Find CP?
a) 650
b) 750
c) 850
d) 950
34)
1/3rd of community is sold at 15% profit, 1/4th is sold at 20% profit and
the rest at 24% profit. If a total profit of Rs-62 is earned, then find the value
of community?
a) 300
b) 310
c) 320
d) 340
35)
Two third of the assignment is sold at 6% profit and the rest at loss of
3%. If there was overall profit of Rs-540. Find the total value of the
assignment?
a) 12000
b) 16000
c) 18000
d) 20000
36)
Two third of a consignment was sold at 6% loss and rest at a profit of
3%. If there was an overall loss of Rs-540, Find the value of consignment?
a) 12000
b) 16000
c) 18000
d) 20000
37)
Nandlal purchased 20 dozen at 48. He sold 8 dozen at 10% profit and
the remaining 12 dozen at 20% profit. What is the profit%?
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a)
b)
c)
d)

14
16
18
20
38)
1/3rd of community is sold at 15% loss, 1/4th is sold at 20% loss and
the rest at 24% loss. If a total loss of Rs-62 is earned, then find the value of
community?
a) 300
b) 310
c) 320
d) 340
39)
If goods be purchased for Rs-450, and 1/3rd be sold at a loss of 10%, at
what gain % should the remainder be sold so as to gain 20% on the whole
transaction?
a) 25
b) 27
c) 32
d) 35
40)
A man buys rice for Rs-4400. He sells 1/3rd of it at a profit of 5%. At
what % gain should he sell remaining 2/3 rd so as to make an overall profit of
10% on whole transaction?
a) 11.47
b) 12.47
c) 13.47
d) 14.47
41)
A distributor buys book for Rs-8000 from a publisher. He had to sell
th
1/4 at a loss of 20%. At what % gain he should sell the remaining stock so as
to make an overall no profit no loss on the total transaction?
a) 6 2/3%
b) 5 2/3%
c) 4 2/3%
d) 3 2/3%
42)
A man buys rice for Rs-4400. He sells 1/3rd of it at a profit of 5%. At
what % loss should he sell remaining 2/3 rd so as to make an overall no profit
no loss?
a) 2.49
b) 3.49
c) 4.49
d) 5.59
43)
A man buy 400 oranges at 4 a rupee and 500 oranges at 2 a rupee. He
mixed them together and sells them at 3 a rupee. Find the %gain/loss?
a) -14 2/7 loss
b) -13 2/7 loss
c) -12 2/7 loss
d) -11 2/7 loss

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44)
A man purchases a certain number of a mangoes at 3 and the same
number at 4. He mixes them together and sells at 3 per rupee. Find gain/loss
% ?
a) 14 2/7% profit
b) 13 2/7% profit
c) 12 2/7% profit
d) 11 2/7% profit
45)
Oranges are bought at 11 a rupee and an equal number more at 9 for a
rupee. If these are sold at 10 for a rupee, find p or l%?
a) 1% loss
b) 1% profit
c) 2% loss
d) 2% profit
46)
A person bought 2 horses for Rs-690. He sold one at a gain of 10% and
other at a gain of 20% and he found that each horse was sold at the same
price. Find CP of two horses?
a) 360 & 330
b) 260 & 230
c) 460 & 430
d) 560 & 530

47)
If toffees are bought at the rate of 25 for a rupee, how many must be
sold for a rupee to gain 25%?
a) 18
b) 20
c) 22
d) 24
48)
A person bought some oranges at 5 per rupee. He bought the same no
of oranges at 4 per rupee. He mixes both the types and sells at 9 for Rs-2. In
this business he bears a loss of Rs-3. Find out how many oranges he bought
in all?
a) 880
b) 980
c) 1080
d) 1180
49)
A man buys 2 horses for Rs-1530. He sells one so as to lose 6% and the
other so as to gain 7.5%. on the whole he neither gains nor loses. What does
the horse cost?
a) 700,650
b) 900,650
c) 750,600
d) 700,850
50)
By selling bananas at 21 a rupee , a man loses 30%. How many for a
rupee should he sell in order to gain 5%?
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a)
b)
c)
d)

8
10
12
14
51)
By selling an article for Rs-19.50, a dealer makes a profit of 30%. By
how much should he increase the SP so as to make a profit of 40%. Find SP
also?
a) 1
b) 1.50
c) 2
d) 2.50
52)
By selling an article for Rs 160, a dealer makes a loss of 20%. By how
much should he increase the SP so as to make a profit of 25%. Also find the
SP?
a) 70
b) 80
c) 90
d) 60
53)
A dealer bought a horse at 20% discount on its original price. He sold it
at 40% increase on original price. Find P%?
a) 65
b) 70
c) 75
d) 80

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