Lecture - 20

Topic: Profit - Loss

1. The cost price of an article is Rs. 7840. What should be the selling price of the article so that
there is a profit of 7% ?

2. Mohanlal purchased a TV set for Rs.12,500 and spent Rs.300 on transportation and Rs.800
on installation. At what price should he sell it so as to earn an overall profit of 15%?

3. Rakesh purchased a mobile phone Rs. 5400 and a refrigerator for Rs. 9600. He has mobile
phone at three fourths of its cost price and the refrigerator at 1(1/3) of its cost price. What was
the profit/loss?

4. A sells an article which costs him Rs 400 to B at a profit of 20%. B then sells it to C, making a
profit of 10% on the price he paid to A. How much dies C pay B ?

5. A trader buys some goods for Rs 150. If the overhead expenses be 12% of cost price, then at
what price should it be sold to earn 10% profit?

6. If an article is sold at 200% profit, then the ratio of its cost price to its selling price will be?

7. A person buys an article for Tk. P and sells it for Tk. Q there by gaining R%. The selling price
in terms of cost price may be written as -

8. The owner of a furniture shop charges his customer 28% more than the cost price. If a
customer paid Rs. 23680 for a dining table set, then what was the original price of the dining set
?

9. The sale price of an article including the Sales Tax is Rs 616. The rate of Sales Tax is 10%. If
the shopkeeper has made a profit of 12%, then the cost price of the article is

10. A shopkeeper buys 144 eggs at 90 paise each. On the way 20 eggs were broken. He sold the
remaining eggs at Rs. 1.20 each. The percentage gain or loss is:

11. Abhishek purchased 140 shirts and 250 trousers @ Rs. 450 and @ Rs. 550 respectively.
What should be the overall average selling price of shirts and trousers so that 40% profit is
earned ? (rounded off to next integer)

12. A person purchased 10 dozen pens at the rate of Rs. 4 per dozen. On checking, he found
that 20 pens were not working. In order to earn 25% profit, he should sell the remaining pens
each at -

13. A manufacturer undertakes to supply 2000 pieces of a particular component at Rs.25 per
piece. According to his estimates, even if 5% fail to pass the quality tests,then he will make a
profit of 25%. However,as it turned out,50% of the components were rejected. What is the loss
to the manufacturer ?
14. A trader buys a chair for Rs,600 and sells it for Rs.765 at the credit of 4 months. Reckoning
money worth 6% p.a, his gain percent is

15. By selling a bicycle for Rs. 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, then
the selling price will be:

16. Raju purchased an item for Rs. 8200 and sold it at a gain of 25% . From that amount he
purchased another item and sold it at a loss of 20% . What is his overall gain loss ?

17. The ratio between the sale price and cost price of an article is 7:5. What is the ratio between
the profit and the cost price of that article ?

18. If an article is sold for Rs. x, there is a loss of 15%. If the same article is sold for Rs. y, there
is a profit of 15%. The ratio of left (y - x) to (y + x) is -

19. At what profit percent must an article be sold so that by selling at half that price, there may
be a loss of 30%?

20. When an article is sold for 116, the profit percent is thrice as much as when it is sold for
Rs.92. The cost price of the article is: