Profit & Loss

Discount

1. Ram sold his laptop to Lakhan for 4. The cost price of 20 articles is the same
25,000. Lakhan sold it to Karan for as the selling price of 15 articles. The
30,000. profit percentage is

a) What was the cost price for Lakhan? a) 25 b)30 c) 35

b) What was the cost price for Karan? b) d)33.33 e) Cannot be determined

c) What is the profit earned by Lakhan?

d) What is the percentage profit earned by 5. If CP of 36 books is equal to SP of 30

Lakhan? books, then the gain percentage is

e) What is the profit percentage earned by a) 25% b) 33.33%

Ram?
c) 16.66% d) 20%
f) If Karan sells it to Arjun earning a profit
of 20%, what was the cost price for
Arjun?
6. A person sold his watch for Rs.24 and
g) If Karan incurred a loss of 10% by
got a profit percentage equal to the cost
selling it to Veeru, at what price did he
price, then the cost price is
sell to Veeru?
a) Rs. 33.33 b) Rs. 25

2. Ram buys notebooks for Rs. 60 each for c) Rs. 20 d) Data inadequate
his wholesale stationary shop. He fixes
the selling price as Rs. 80 per notebook
and offers flat 10% discount to every 7. If Pawan is making a profit of 25% on
student. Lakhan, a student, visits the selling price, then what is the actual
shop: profit percentage?
a) What is the profit/loss for Ram for each
notebook? a) 25% b) 30%
b) Lakhan wants to buy 100 such notebook
and was offered further Rs 7 off each c) 35% d) 33.33%
notebook. What is the total amount he
paid and what was the total discount
offered to him? 8. A shopkeeper bought a fridge for
c) At what price should Ram mark his Rs.20,000. He decides the selling price
goods such that after offering a 20% as Rs. 25,000. But, he offers a discount
discount, he gets 10% profit? of 25%. What is his overall profit /loss
percentage?

3. A merchant makes a profit of 8% even

after giving a 10% discount. What will 9. A dealer sells a set of furniture at 20%
be the profit if he sells at the marked loss. Had he sold it for Rs.900 more, he
price? would have made a 25% profit. At what
price should he sell in order to make a
a) 10% b) 18% c) 26% 20% profit?

d)20% e) none of these a) Rs. 1800 b) Rs.2000

c) Rs.2400 d) Rs.2800

1
10.A book seller allows a discount of 10%
on the marked price of a certain
category of books which costs him
Rs.600 per book. What price must be
marked on the book tom make a profit
of 20%?
a) Rs.792 b) Rs.800
c) Rs.720 d) Rs.726
11.If an article is sold at 8%profit instead of
8% loss, it would have brought Rs.12
more. Find out the cost price of the
article.
a) Rs.75 b)Rs.72
c) Rs.60 d) Rs.70
12.Ram went to a nearby mall and finds the
following offer in famous store: Buy 4
get 1 free.
What was the effective discount offered
to him?
13.Suvarkar was very much excited about
an offer from Reebok that read “Buy
things worth Rs. 2000 and get things
worth Rs.1000 absolutely free!”. How
much discount was there in the offer?
a) 50 % b) 100%
c) 33.33% d) 25%
14.A shopkeeper claims to sell his good at
cost price. But he uses a faulty weight
which weighs 900g for a kg. What is the
profit earned by the shop keeper?
15.A shopkeeper claims to sell his good at
cost price. But he increases the price by
10%. Also he uses a faulty weight of
900g for a kg. What is the profit earned
by him?
16.The total cost of 2 pencils, 5 erasers and
7 sharpeners is ₹ 30, while 3 pencils and
5 sharpeners cost ₹15 more than 6
erasers by what amount (in ₹) does the
cost of 39 erasers and 1 sharpener
exceed the cost of pencils? (2016)
17.A shopkeeper gives two successive
discounts of 10% and 20% on marked
price of ₹ 5000 of a bicycle. He had to
give a further discount equal to 20% of
his cost price on his new selling price, as
a result of which he made neither a
profit nor a loss Find his cost price for
the bicycle (2009)
a) ₹ 2000 b) ₹ 3000
c) ₹ 3600 d) ₹ 4500
18.Instead of a metre scale, a cloth
merchant uses a 120cm scale while
buying, but uses an 80 cm scale while
selling the same cloth. If he offers a
discount of 20% on cash payments,
what is his overall profit percentage?
(1996)
a) 20% b) 25%
c) 40% c) 15%
19.A stockist wants to make some profit by
selling sugar. He contemplates about
various methods. Which of the following
would maximise his profit? (1995)
I. Sell sugar at 10% profit
II. Use 900 g of weight instead of
1kg
III. Mix 10% impurities in sugar and
selling sugar at cost price
IV. Increase the price by 5% and
reduce weights by 5%
a) I or III b) II
c) II,III and IV d) Profits are same
20.After allowing a discount of 11.11%, a
trader still makes a gain of 14.28% If
how many per cent above the cost price
does he mark on his goods? (1998)
a) 28.56% b)35%
c) 22.22% d) None of these