Profit and loss

1.         A cycle was purchased for Rs. 1600 and sold for Rs. 1400. Find the Loss % ?

(1) 16                    (2) 12                    (3)  14                   (4)  20 %

(5)  None of these

           

2.         By Selling a table for Rs. 330. A treader gain 10 %. Find the cost price of the table ?

(1)  300                        (2) 363            

(3) 320                         (4) 330

(5) None of these

3.        A Shopkeeper purchases 10 kg of rice of Rs. 600 and Sells at a loss as much the selling price of 2 kg of rice. Find the sale rate of rice/kg ?

(1) Rs. 60/kg               (2) Rs. 30/kg               (3) Rs. 80/kg         
           (4) Rs. 70/kg               (5)  None of these

4.        A Shopkeeper’s price is 50 % above the cost price. If he allows his customer a discount of 30 %. What profit does the he make ?

(1) 5 %                        (2) 10 %                     (3)15%                     
           (4) 20 %          (5)  None of these

5.         A man sold 10 eggs for 5 rupees and gaind 20 %. How many eggs he buy for 5 rupees ?

(1) 10 eggs                  (2) 14 eggs      (3) 12 eggs                  (4) 16 eggs  

(5) None of these

6.        The profit earned by selling an article for Rs. 832 is equal to the loss incured when the same article is sold for Rs. 448. What should be the sale price of the article for making 50 % profit ?

(1) Rs. 1060                (2) Rs. 960       (3) Rs. 1200                (4) Rs. 920     

(5) None of these

7.       An article when sold for rupees 200 fethches 25 % profit. What would be the percentage profit/loss if 6 such articles are sold for 1056 ?

            (1) 10 % loss               (2) 10 % profit      (3) 5 % loss       (4) 5 % profit

            (5) None of these

8.        A shopkeeper lables the price of articles 20 % above the cost price. If he allows rupees 31.20 off on a bill of Rs. 312 find the profit per cent on the articles ?

 (1) 8                              (2)  12            (3) 11                            (4) 8           
 (5) None of these

9.         By selling 33 metres of cloth one gains the selling price of 11 metres. Find the gain percent ?

            (1) 33              (2) 25 %          (3) 50%           (4) 10 %        
            (5) None of these

10.       Sam purchased 20 dozens of toys at the rate of 375 per dozen. He sold each one of them at the rate of Rs. 33. What was his percentage profit ?

            (1)3.5                           (2) 4.5                          (3) 5.6                          (4) 6.5 

            (5) None of these

11.    Peter purchased a machine for Rs. 80,000 and spent Rs. 5000 on repair and Rs. 1000 on transport and sold it with 25 % profit. At what price did he sell the machine ?

            (1) Rs. 1,05,100          (2) Rs. 1,06,250          (3) Rs. 1,07,500         
            (4) Rs. 1,17,500          (5)  None of these

12.       A man purchased a box full of pencils at the rate of 7 for Rs. 9 and sold all of them at the rate of 8 for Rs. 11. In this transaction, he gained Rs. 10 how many pencils did the box contain ?

            (1) 100             (2) 112             (3)  114                    
            (4) 115             (5) None of these

13.       A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20 % ?

            (1) 3                 (2) 4                 (3) 5                      
            (4) 6                 (5) None of these

14.       A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice at Rs. 36 per kg, and sell the mixture at Rs. 30 per kg. His profit percent is :

            (1) No profit, No loss              (2) 5 %                        (3) 8 %       
            (4) 10 %           (5) None of these

15.       Arun purchased 30 kg of wheat at the rate of Rs. 11.50 per kg and 20 kg of wheat at the rate of Rs. 14.25 per kg. He mixed the two and sold the mixture. Approximately what price per kg should he sell the mixture to take 30 % profit ?

            (1) Rs. 14.80               (2) Rs. 15.40               (3) Rs. 15.60          
            (4) Rs. 16.30     (5) Rs. 18.20

16.       A vendor loses the selling price of 4 oranges on selling 36 oranges his loss percent is :

            (1) 10 %                      (2) 11  %       

            (3) 12  %                     (4) 13  %

            (5) None of these

17.       By selling 12 toffees for a rupee. A man loses 20 %. How many for a rupee should he sell to get a gain of 20 % ?

            (1) 5                 (2) 8                 (3) 10  

            (4) 15               (5) None of these

18.       Rahul purchased a scooter at  thof its selling price and sold it at 12 % more then its selling price. His gain is :

            (1) 20 %          (2) 29  %      (3) 30 %          (4) 38  %     (5) None of these

19.       The different between the cost price and sale price of an article is Rs. 240. If the profit is 20 %, the selling price is :ow How

            (1) Rs. 1240                (2) Rs. 1400   

(3) Rs. 1600                (4) Rs. 1500   

(5) None of these

20.       The cash difference between the selling price of an article at a profit of 4 % and 6 % is Rs. 3. The ratio of the two selling price is :

            (1) 51 : 52                    (2) 52 : 53       

(3) 51 : 53                    (4) 52 : 55       

(5) Data inadequate

ANS KEY

Question No.	Answer
1	2
2	1
3	2
4	1
5	3
6	2
7	2
8	1
9	3
10	3
11	3
12	2
13	3
14	2
15	4
16	1
17	2
18	2
19	5
20	2