PROFIT & LOSS
1.) CP = 4000,
Profit = 23%
Find SP ?
2.) CP = 3000
Loss = 37%
Find SP ?
3.) In a certain store, the profit is 320% of the
cost. If the cost increases by 25% but the selling
price remains constant, approximately what
percentage of the selling price is the profit?
4.) A sold some article to B at loss of 20%. B
sold to C at profit of 12.5% and C sold it to D at
8% loss. If D bought it at Rs. 248.40 Then what
is the difference between the loss incurred by A
and C ?
5) Alfred buys an old scooter for Rs. 4700 and
spends Rs. 800 on its repairs.
If he sells the scooter for Rs. 5800,
his gain percent is:
6.) Rahul purchased 20 litres of oil for Rs.120 and sold
the entire lot at a profit of 15%. At what price per litre
did he sell the oil ?
a) Rs.138
b) Rs.69
c) Rs. 6.9
d) None of these
7.) Ajay incurred loss of 20% by selling a vase
for Rs.2880. To get a profit of 20% at what price
should he sell the vase ?
8.) If selling price is doubled, the profit triples.
Find the profit percent.
9.) The cost price of a radio is Rs.1500 and it
was sold for Rs.1230, find the loss % ?
10) A person buys pen from a wholesaler at
Rs. 10 for 20 pens. He sells those pens at Rs. 10
for 15 pens. What is his profit percentage?
11) If a merchant offers a discount of 40% on
the marked price of his goods and thus ends up
selling at cost price, what was the % mark up?
12.) A dishonest shopkeeper sells his goods at
CP but uses 750 gm weight instead of 1000 gm.
Find his profit percent?
13.) If a vendor used to sell his articles at 13%
Discount but uses 150 gm instead of 200 gm.
Then his profit/ loss% is?
Q.14) A wholesaler sold goods worth Rs.2000 at
three successive discounts of 10% each, instead
of promised single discount of 30%. By what
amount did he cheat the customer ?
A. 142
B. 158
C. 58
D. 60
Q.15) Two different parts of an object are sold
at same price. First part is sold at 20% profit
while second part sold at 20% loss. Find the
overall profit/loss ?
A. 0%
B. 5%
C. 2%
D. 4%
Q.16) A chair is bought for Rs.600 and sold
at a loss of 10%. Find its selling price?
1) Rs.540
2) Rs.560
3) Rs.580
4) Rs.600
Q.17) Bharath buys a laptop for Rs.20,000.
By selling it, the shopkeeper gains a profit
percentage of 20%. Find the value of profit
he makes?
1) Rs.3330
2) Rs.3333
3) Rs.3333.33
4) Rs.3000
Q.18) The cost price of 21 articles is equal
to the selling price of 18 articles. Find the
gain or loss percent after selling 18
articles?
1) 14.28% gain
2) 16.67% loss
3) 16.67%gain
4) 14.28% loss
Q.19) Sam bought 6 articles for Rs.5 and
sold 5 articles for Rs.6. What is his gain or
loss percentage?
1) 22% gain
2) 44% gain
3) 22% loss
4) 44% loss
Q.20) Bananas are bought at 4 for Rs.5 and
sold at 5 for Rs.4. Find the gain or loss
percentage?
1) 36% gain
2) 36% loss
3) 40% gain
4) 40% loss
Q.21) Two dozen apples were purchased at
Rs. 200. 16 of these apples are sold at Rs.
192. What is the expected profit percentage
in this transaction?
1) 28%
2) 40%
3) 44%
4) 22%
Q.22) Suresh sells two articles at the same
price. By selling one he gains a profit of
50% and selling the other one he incurs a
loss of 50%. Find the effective profit or loss
which he incurs in this transaction?
1) 25% loss
2) 25% profit
3) No Profit or No Loss
4) Data is not sufficient
Q.23) Ram buys Samsung Galaxy and
iPhone 4 at the same price. By selling the
Samsung Galaxy, he gains 40% and on the
iPhone he incurs a loss of 40%. What is his
overall profit or loss percentage?
1) 16% loss
2) 16% profit
3) No Profit or No Loss
4) Data is not sufficient
Q.24) In a shop the price of a shirt is
labeled as Rs.2000. There is a discount of
40% on it. Further since you are a close
friend of the shopkeeper he further gives a
discount of 20% on it. But you have only
800Rs in your pocket. Will you be able to
buy the shirt?
1) No
2) Yes
3) Maybe
4) Cannot be determined
