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Profit and Loss

Topic/Course
Sub-Topic (Example: name of college)
Question 1
The cost price of three varieties of oranges namely A, B and C is Rs
30/kg, Rs 50/kg and Rs 60/kg. Find the selling price of one kg of
orange in which these three varieties of oranges are mixed in the
ratio of 1 : 4 : 5 such that there is a net profit of 30%?

A) Rs 49.8
B) Rs 55.7
C) Rs 62.5
D) Rs 68.9
Question 2
A sweet seller sells 4/7th part of sweets at a profit of 10% and
remaining at a loss of 5%. If the total profit is Rs 1500, then what
is the total cost price of sweets?

A) Rs 40,000
B) Rs 42,000
C) Rs 43,500
D) Rs 45,000
Question 3
’A’ sold an article to ’B’ at a profit of 20%. ’B’ sold the same article
to ’C’ at a loss of 25% and ’C’ sold the same article to ’D’ at a
profit of 40%. If ’D’ paid Rs 567 for the article, then find how much
did ’A’ pay for it?

A) Rs 450
B) Rs 500
C) Rs 650
D) Rs 700
Question 4
If the absolute difference between the selling price of the article
when there is 25% loss and 25% gain in selling a article is Rs 950,
then what is the cost price of the article?

A) Rs 1,500
B) Rs 1,750
C) Rs 1,900
D) Rs 2,000
Question 5
Two successive discounts of 30% and 25% are equivalent to a
single discount of?

A) 46%
B) 47.5%
C) 48%
D) 50%
Question 6
If the selling price of a toys is eight times the discount offered and
if the percentage of discount is equal to the percentage profit, find
the ratio of the discount offered to the cost price?

A) 14:15
B) 11:12
C) 15:36
D) 17:11
Question 7
A sells his house to B at a profit of 5% who in turn sells it to C at a
profit of 10% who in turn Sells it to D at a profit of 20% and D sells
it to E at 30% profit. If cost price of E’s house is Rs 25,00,000, what
is the approximate cost price of A’s house?

A) Rs 13,87,500
B) Rs 13,90,000
C) Rs 14,00,000
D) Rs 14,50,000
Question 8
The market price of an article was 80% more than its cost price. I
was going to sell it at market price to a customer, but he showed
me some defects in the article, due to which I gave him a discount
of 44.44%. Next day he came again and showed me some more
defects, hence I gave him another discount that was equal to 30%
of the cost price. What was the approximate loss to me?

A) Loss of 30%
B) Loss of 32.5%
C) Loss of 35%
D) None of the above
Question 9
Arun buys a toy at Rs 100 and sells it at Rs 130. Arif buys the same
toy at Rs 130 but sells it at Rs 100. What are the respective
profit/loss per cent for the two persons?

A) 30%, 30%
B) 30%, 23.1%
C) 23.1%, 23.1%
D) None of the above
Question 10
Vijay sold a book at a loss of 10%. Had he sold it for Rs 132 more,
he would have earned a profit of 10%. Find the cost price of the
book?

A) Rs 500
B) Rs 560
C) Rs 600
D) Rs 660
Question 11
Cost price of 15 mangoes is equal to the selling price of 12
mangoes and the discount on 10 mangoes is equal to the profit on
5 mangoes. What is the percentage point difference between the
profit percentage and discount percentage?

A) 1.0254%
B) 1.0415%
C) 1.5%
D) 1.6515%
Question 12
If watches bought at prices ranging from Rs 200 to Rs 350 are sold
at prices ranging from Rs 300 to Rs 400. What is the greatest
possible profit that might be made in selling eight watches?

A) Rs 1,500
B) Rs 1,550
C) Rs 1,600
D) Rs 1,800
Question 13
A retailer marks up the price of his goods by 10% and gives a
discount of 5% to the customer. He also uses a 950g weight
instead of 1Kg weight. Find his profit percentage.

A) 10%
B) 12%
C) 15%
D) 20%
Question 14
Ajay marked the price of his goods 20% more than his C.P. He then
sells 1/4th of his stock at a discount of 10%, and half of the stock at
the marked price, and the rest at a discount of 25%. Find his gain
percentage?

A) 6%
B) 8%
C) 8.5%
D) 9.5%
Question 15
David sells his laptop to Michel at a loss of 20% who subsequently
sells it to Alex at a profit of 25%. Alex after finding some defect in
the laptop, returns it to Michel but could recover only Rs.4.50 for
every Rs. 5 he had paid. Find the amount of Alex’s loss if David
had paid Rs. 2,25,000 for the laptop?

A) Rs 17,500
B) Rs 20,000
C) Rs 22,500
D) None of the above
THANK YOU

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