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Profit&Loss Class Room and Practice Sheet
Profit&Loss Class Room and Practice Sheet
1.An article was sold at 9625/- at a loss of 23%. At what price should it be sold for to gain 20% profit.
a. Rs.12500 b. Rs.13000 c. Rs.14000 d. None of these
2. If lemons bought at the rate of 35 for 50/- have to be sold at 40% profit. How many should be sold
for 100/-
a.70 b.50 c.40 d. None of these
3. An article was sold at 690/- at gain of 15%. At what price should it be sold for to loss 20%
a.552/- b.540/- c.600/- d. None of these
4. Selling price of 4 articles = cost price of 3 articles. The percentage profit or loss is
a. 33 1/3% b.30% c.25% d. None of these
5. A man loses Rs.20 by selling some toys at the rate of Rs.3 per piece and gains Rs.30, if he sells
them at Rs.3.25 per piece. The number of piecec sold by him are ?
a. 100 b.120 c.200 d. 300
6. The cost price of two articles each is 35,000/- and one article sold at 12% profit and other article
sold at 12% loss. Then what is overall loss or profit percent.
a. 24% Profit b.24% Loss c.1.44% Loss d. No Pofit & No loss
7. A man sells two sites for each 2,95,550/-. On one he gains 15% and on other he loses 15%. Find his
% loss or gain.
a.2.25% b.2% c.3.5% d.None
8.If goods are purchased at 4500/-. And one third of them are sold at a profit of 10%, at what profit%
should the remaining be sold to obtain a profit of 15%.
a.15% b.5% c.17.5% d.17%
9. A merchant uses dishonest means to make profit by announcing that he sells at cost price, weighs
800gm for every 1000gm. What is his gain percent.
a.25% b.20% c.10% d.15%
10. A milk man professes to sell milk at its cost price only. But still he is making a profit of 25% since
he has mixed some amount of water in the milk. What is the percentage of milk in the mixture.
a. 20% b.75% c.80% d. None of these
11 A man sells an article at a profit of 25%. Had he purchased it at 25% less and sold it for Rs.25 less,
he would have still gained 25%. Find the cost price of the article
a. Rs.60 b. Rs.75c. Rs.80 d. None of these
12. A man bought some number of horses for Rs.72000. Four of them died, and sold the rest at
Rs.1400 per head more than he paid for them. If he made a profit of Rs.8000, on the whole
transaction, find the cost price of each horse.
a. Rs.9000 b. Rs.8000 c. Rs.5000 d. Rs.3600
13. A trader marks up his good by 40% above the cost price, and when he increases his discount%
from 5% to 10% then his profit decreases by 14/-. Find the profit when he offers 20% discount.
A.12 B.24 C.56 D.28
14. Toffees are purchased at the rate of 11 for Rs.10 and sold at 10 for Rs.11. The profit percent is
15. An item sold after giving two successive discounts of 20% & 10% respectively. If the item was sold
for Rs.468.The MP of that item is:
A. 600/- B.500/- C.575/- D.650/-
2. On selling an article for Rs.240 a trader loses 4%. In order to gain 10% he must sell that article
for?
3. A man loses Rs.20 by selling some toys at the rate of Rs.3 per piece and gains Rs.30, if he sells
them at Rs.3.25 per piece. The number of piecec sold by him are ?
4. A retailer buys a radio for Rs.225. How overhead expenses are Rs.15. he sells the radio for
5. A sweet seller declares that he sells sweets at the cost price. However, he uses a weight of
6. A man sells two commodities at the same price. On one he gains 20% and loses 20% on the
Other he gets?
a. 1% loss b.4% loss c.1% gain d. 0% gain & loss e. None of these
7. Two-third of a consignment was sold at a profit of 5% and the remainder at a loss of 2%. If the
Total profit was Rs.400, the value of the consignment(in rupees) was?
8. A man gains 10% by selling an article for a certain price. If he sells it at double the price, the
Profit made is
9.If an article is sold at a gain of 6% instead of a loss at 6%, then the seller gets Rs.6 more. The
Cost price of the article is?
10. Profit after selling an article for Rs.425/- is the same as loss after selling it for Rs.355. The cost
11. A sold watch to B at a gain of 5% and B sold it to C at a gain of 4%. If C paid Rs. 1092 for it,
12. A dealer sold a radio at a loss of 2.5%. Had he sold it Rs.100 more, he would have gained
13. A man purchased sugar worth Rs.400. He sold ¾ th at aloss of 10% and the remainder at a
14. 6% more is gained by selling a radio for Rs.1425 than by delling is for Rs.1353. The cost price
Of the radio is ?
15. Toffees are purchased at the rate of 11 for Rs.10 and sold at 10 for Rs.11. The profit percent is
16. If the cost price of 15 table be equal to selling price 20 tables, the loss percent is?
17. By selling a 8 dozens of pencils a shopkeeper gains the selling price of 1 dozen pencils. His
Gain percent is ?
18. A tradesman marks his goods at Rs.300 and allows a discount of 25%. If he still gains 12.5%
19. A merchant marks his goods at Rs.300 and allows a discount of 25%. If he still gains 12.5%,
20. Mohan buys an article with 25% discount on its marked price. He makes a profit of 10%
21. A fan listed at Rs.750 with a discount of 20%.What additional discount must be offered to
22. The marked price of an article is 10% higher than the cost price. A discount of 10% is
23. Tarun bought a T.V with 20% discount on the labelled price. Had he bought it with 25%
Discount, he would have saved Rs.500. At what price did he buy the T.V?
24. A discount series of 10%, 20% and 40% is equivalent to a single discount of?
25. The difference between a discount of 40% on Rs. 500 and two successive discounts of