1. A Shopkeeper buys two bicycles for Rs. 5. A dealer offers a cash discount of 20% and
750. He sells first bicycle at a profit of 22% still makes a profit of 20%, when he further
And the second bicycle at a loss of 8%. allows 16 articles to a dozen to a
What is the SP of first bicycle if in the Particularly sticky bargainer. How much
Whole transaction there is no profit no loss? Per cent above the cost price were his
A) Rs506 Wares listed?
B) Rs244 A) 100%
C) Rs185 B) 80%
D) Rs230 C) 75%
E) None D) 85%
E) None
2. The cost price of item B is Rs. 200/- more
than the cost price of item A. Item A was 6. Profit earned by an organization is
sold at a profit of 20% and item B was sold distributed among officers and clerks in the
at a loss of 30%. If the respective ratio of ratio of 5 : 3. If the number of officers is 55
selling prices of items A and B is 6 : 7, and the number of clerks is 70 and the
what is the cost price of item B? amount received by each officer is
A) Rs520 Rs12,000, what was the total amount of
B) Rs430 profit earned?
C) Rs400 A) Rs11 Lakh
D) Rs360 B) Rs12.25Lakh
E) None C) Rs10.56Lakh
D) Rs16Lakh
E) None
3. Two Mangoes, three grapes and four apples
cost Rs. 15. Three Mangoes, two grapes 7. The percentage profit earned by selling an
and one apple cost Rs. 10. I bought 3 article for Rs. 2120 is equal to the
Mangoes, 3 grapes and 3 apples. How percentage loss incurred by selling the
much did I pay? same article for Rs. 1520. At what price
A) Rs15 should the article be sold to make 25%
B) Rs18 profit?
C) Rs20 A) Rs2275
D) Rs25 B) Rs2100
E) None C) Rs2650
D) Rs2400
4. A watch dealer incurs an expense of Rs. E) None
150 for producing every watch. He also
8. A purchased a machine at Rs 13,000 , then
incurs an additional expenditure of Rs. got it repaired at Rs 3500, they gave its
30,000, which is independent of the transportation charges Rs500. Then he sold
number of watches produced. If he is able it at 50% profit. At what price he actually
to sell a watch during the season, he sells it sold it?
for Rs. 250. If he fails to do so, he has to A) Rs18500
B) Rs25500
sell each watch for Rs. 100.If he produces C) Rs22200
1500 watches, what is the number of D) Rs19600
watches that he must sell during the season E) None
in order to breakeven, given that he is able
to sell all the watches produced? 9. In a certain store, the profit is 270% of the
A) 580 cost. If the cost increases by 30% but the
B) 620 selling price remains constant,
C) 650 approximately what %ge of the selling
D) 700 price is the profit.
E) None A) 68%
B) 72%
C) 50%
PROBLEMS ON PROFIT AND LOSS
Rs.1400. At what price (in rupees) did he and 25% of the rest magazines are sold at
sell the item to the customer? 25% discount and rest at 16.66% discount
A) 3600 whose printing price was Rs. 12 per copy .
B) 4200 What is the overall gain or loss in the first
C) 3850 month’s issue of magazine, if the magazine
D) 4125 could not realize the income from
E) None advertisements or other resources?
A) 56%
20. A reputed company sells a wrist watch to a B) 62%
wholesaler making a profit of 10%. The C) 74%
wholesaler, in turn, sells it to the retailer D) 50%
making a profit of 10%. A customer E) 68%
purchases it by paying Rs. 25.A dishonest trader marks up his goods by
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D) 22.13% customer. What is the overall profit
E) 14.51% percentage ?
A) 63%
21. A firm of readymade garments makes both B) 72%
men’s and women’s shirts. Its average C) 88%
profit is 6% of the sales. Its profit in men’s D) 55%
shirts average 8% of the sales and women’s E) 80%
shirts comprise 60% of the output. Find the
average profit per sales rupee in women’s 26.By selling 12 marbles for a rupee, a
shirts . shopkeeper loses 20% . In order to gain
A) 1.2560 20% in the transaction , he should sell the
B) 0.0125 marbles at the rate of how many marbles
C) 0.0566 for a rupee?
D) 0.0466 A) 14
E) 1.1562 B) 8
C)11
22. A shopkeeper marks his goods 20% above D) 9
his cost price and gives 15% discount on E) 22
the marked price. Find his gain%.
A) 2% 27. A shopkeeper bought a DVD marked at Rs.
B) 8% 200 at successive discounts of 10% and
C) 11% 15% respectively. He spent Rs. 7 on
D) 6% transport and sold the table for Rs.208
E) 7% .What will be his profit percentage ?
A) 58%
23. A, B and C invest in the ratio of 3 : 4 :5 . B) 44%
The percentage of return on their C) 30%
investments are in the ratio of 6 : 5 : 4 . D) 50%
Find the total earnings, if B earns Rs. 250 E) 62%
more than A.
A) 7500 28. The cost of setting up a magazine is
B) 6999 Rs.2800. The cost of paper and ink is
C) 4575 Rs.80/ 100 copies and printing cost is Rs.
D) 7250 160 / 100 copies. In the last month 2000
E) 2500 copies were printed but only 1500 copies
could be sold at Rs. 5 each . Total 25%
24. Jagran group launched a new magazine in profit on the sale price was realized. There
January 2004. The group printed 10000 is one more resource of income from the
copies initially for Rs. 50000. It distributed magazine which is advertising. What sum
20% of its stock freely as specimen copy of money was obtained from the
PROBLEMS ON PROFIT AND LOSS
ratio of 8:5 and the mixture is sold at Rs.72 transaction, the cost price of the watch on which
per kg. What per cent of profit the shopkeeper gains is?
approximately the seller receives ? A) Rs. 400
A) 50% B) Rs.740
B) 40% C) Rs.504
C) 30% D) Rs.450
D) 55% E) Rs.645
E) 43%
43.Niel bought 30kg rice at the rate of
Rs.9.50/kg and 40kg of rice at the rate of Rs.
38.Raman calculates his profit % on the selling 8.50/kg and mixed them. She told the mixture at
price whereas Rajeev calculates his on the cost the rate of Rs. 8.90/kg. Find the total profit or
price. They find that the difference of their loss in the whole transaction.
profits Rs.150. If the selling price of both the m A) Rs.4 profit
are the same and both of them get 50% profit. B) Rs.2 loss
Find their selling price. C) Rs.2 profit
A) Rs. 620 D) Rs.4 loss
B) Rs. 900 E) None of these
C) Rs.870
D) Rs.750 44.If a shopkeeper sell a TV at 15% profit and a
E) Rs.550 DVD at 12% loss then he earns Rs. 540 as total
profit but if he sells the TV at 12% loss and the
39.A trader has 600kgs of rice , a part of which DVD at 15% proft then there is no loss or
he sells at 15% profit and the remaining quantity profit.Find the price of the TV and the DVD ?
at 20% loss. On the whole , he incurs an overall A) Rs.11,000 and Rs. 2000
loss of 6% .What is the quantity of rice he sold B) Rs.15,000 and Rs. 3000
at 20% loss? C) Rs.11,000 and Rs. 6000
A) 300kg D) Rs.10,000 and Rs.8000
B) 410kg E) Rs.17,000 and Rs. 4000
C) 360kg
D) 210kg 45.A cloth merchant uses 120cm scale while
E) 500kg buying,instead a meter scale ,but uses an 80 cm
scale while selling the same cloth. If he offers a
40.A camel and a cart together cost Rs. discount of 20% on cash payment. Find the
5000.If by selling the camel at a profit of 10% profit percent.
and the cart at a loss of 10% a total profit of A) 40%
2.5% is made ,then what is the cost price of the B) 35%
camel ? C) 20%
A) Rs.4500 D) 15%
B) Rs. 3125 E) 30%
C) Rs. 3000
D) Rs.2100 46.An article is marked 50% over its cost
E) Rs.3800 price.Two successive discounts of 12% and
13(1/2)% are allowed on the marked price of the
41.If there is a loss of 40% when a good is sold article.Find the profit or loss percent after selling
at (2/5)th of its earlier selling price. Find the at discount.
profit% after selling the good at a certain price. A) 8%
A) 24.15% B) 10%
B) 31.3% C) 13%
C) 47% D) 14.18%
D 35% E) 7.4%
E) 50%
47.A trader marked his goods at such a price that
42.There are two watches of cost Rs. 800. One is after allowing a discount of 12(1/2) % for cash
sold at a profit of 16% and the other at a loss of payment, he makes a profit of 20% . What is the
8%. If there is no loss or no gain in the whole marked price of the good which costs Rs. 210 ?
PROBLEMS ON PROFIT AND LOSS
B) 16(2/3)% E) 15000
C) 20%
D) 25% 76.A customer saves Rs400 at the rebate of
E) 30% 20% on market price of an article. If the
cost price of the article for shopkeeper is
71.A businessman sells a commodity at 10% Rs1200.Then find the profit percent of
profit. If he had bought it 10% less and sold shopkeeper?
it for rs2 less, then he would have gained A) 33(1/3)%
16(2/3)%. What is the cost price of the B) 25%
commodity? C) 20%
A) 32 D) 16(2/3)%
B) 48 E) 30%
C) 36
D) 40 77.A trader wants to earn 16(2/3)% after
E) 30 allowing a discount of 25%. Find by how
much % he has to increase his cost price to
72.A dishonest shopkeeper sells milk at 20% make M.P?
gain and also he add water in the ratio 4:1 A) 50%
in it. What is his total profit? B) 55.55%
A) 50% C) 40%
B) 45% D) 55%
C) 40% E) 46.55%
D) 44%
E) 52% 78.Nikita bought 30kg of wheat at the rate of
9.50/kg of wheat and the same amount of
73.The price of coal is increased by 20%. By wheat at the rate of Rs8.50 per kg and
what percent a family should decrease its mixed them. She sold the mixture at the
consumption so that expenditure remains rate of Rs 8.90/kg. Find her total profit or
same? loss in the whole transaction?
A) 25% A) Rs2 profit
B) 14(2/7)% B) Rs6 loss
C) 16(2/3)% C) Rs2 loss
D) 20% D) Rs6 profit
E) 13(1/3)% E) Rs4 loss
74.After selling 12 balls a man suffer a loss 79.A trader bought two horses for Rs 39,000.
equal to cost price of 6 balls. Find loss He sold one at a loss of 20% and another at
percent? a profit of 15%. If the selling price of each
A) 100% horse is same, then what are their cost price
B) 50% respectively?
C) 33(1/3)% A) Rs 20,000 and Rs 19,000
D) 40% B) Rs 23,000 and Rs 16,000
E) 30% C) Rs 24,000 and Rs 15,000
D) Rs 21,000 and Rs 18,000
75.A man bought a horse & a carriage for E) None of these
Rs60,000. He sold the horse at 15% profit
and the carriage at a loss of 6%. But still he 80.The marked price of an article is 60%
gained of 1% on overall. The cost price of above the cost price. When marked price is
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the horse was? price is Rs 3200?
A) 18000 A) Rs 2500
B) 22000 B) Rs 3000
C) 25000 C) Rs 2000
D) 20000 D) Rs 4160
PROBLEMS ON PROFIT AND LOSS
E) Rs 5000 A) 20%
B) 21%
81.An article passes successfully in the hand C) 19%
of three traders. Each trader sold it further D) 25%
at a gain of 20% of the cost price. If the last E) 26 %
trader sold it for Rs 432 then what was the
cost price? 87.A shopkeeper allows 2% discount and
A) Rs 125 gives 1 article free on purchase of 6
B) Rs 256 articles. He earns 40% profit during the
C) Rs 250 transaction. By what percent above the cost
D) Rs 432 price he marked his good.
E) Rs 500 A) 50%
B) 60%
82.A dishonest dealer professes to sell his C) 42 (6/7)%
goods at 10% profit on Cost Price and also D) 66 (2/3)%
uses a false weight and gives 900 grams E) None of these
instead of 1 kg. Find his total gain.
A) 11.11% 89.By selling 20 articles, a person gains CP of
B) 22.22% 5 articles. Find the profit% incurred by
C) 21.11% him.
D) 21.1% A) 33 1/3%
E) 23.33% B) 25%
C) 20%
83 A trader wants to increase his cost price in D) 16 2/3%
such a way that after giving 25% discount E) None of these
he earns 20%profit. Find how much percent
he increases his Cost Price? 90 A person wants to sell his goods at 20%
A) 60% profit after allowing a discount of 16 2/3%
B) 45% on marked price. How much % above the
C) 50% cost price should he mark his article?
D) 40% A) 20%
E) None of these B) 36 2/3%
C) 34 5/6%
84.On selling 15 balls at Rs 400 there is loss D) 44%
equal to Cost Price of 5 balls. The cost E) 38%
price of a ball is?
A) 20 91.Three successive discounts of 20%, 25%
B) 30 and 16 2/3% is equivalent to
C) 40 A) 50% profit
D) 50 B) 56 2/3% profit
E) 60 C) 40% loss
D) 125/3% loss
85. By selling 12 oranges for Rs 60 a man E) 25/6% profit
losses 25%. The number of oranges he has
to sell for Rs 100 so as to gain 25% is? 92. After selling a table worth Rs 12000 at
A) 15 20% loss, a trader buys a TV with the same
B) 12 money. Next he sold the TV at 20% profit.
C) 20 What is his profit/loss in the whole
D) 16 transaction?
E) 13 A) Rs 480 loss
B) Rs 450 loss
86.A person sold an article at 16 (2/3)% profit C) Rs 480 gain
on Selling Price. Afterwards when the cost D) No profit no loss
price reduced by 10% then he also reduced E) Rs 420 gain
the selling price by 10%. His percentage of
profit on cost price will be? 93.A sold a watch to B at 10% loss. B sold it
PROBLEMS ON PROFIT AND LOSS