Profit and Loss

1.		What profit percent is made by selling an article at a certain price, if by selling at 2/3rd of that price, there would be a loss of 20% ?

30%

25%

15%

20%

2.		A man buys oranges at Rs 50 a dozen and an equal number at Rs 40 a dozen. He sells them at Rs 55 a dozen and makes a profit of Rs 500. How many oranges does he buy?

30 dozens

40 dozens

50 dozens

60 dozens

3.		A man bought some toys at the rate of 10 for Rs. 40 and sold them at 8 for Rs. 36. Find his gain or loss percent.

10% profit

12% loss

12.5% profit

12.5% loss

4.		Two successive discounts of 20% and 15% are equivalent to a single discount of:

35%

32%

33.33%

30%

5.		Three successive discounts of 15 %, 10 % and 8 % are given on an article. Find the single discount equivalent to all these three discounts.

29.62 %

33 %

30.62 %

33.33 %

6.		If the cost price of 50 oranges is equal to the selling price of 40 oranges, then the profit per cent is

20

33.33

15

25

7.		A dishonest merchant sells his grocery using weights 10% less than the true weights and claims a profit of 20%. Find his actual gain percentage.

33.33%

30%

40%

50%

8.		Due to reduction of 25% in price of lemons, a customer can purchase 4 lemons more for Rs. 16. what is original price of a lemon?

Re 1

Rs 1.33

Rs 1.5

Rs 1.6

9.		A man sells two articles at the same price. On one, he makes a profit of 10% and on the other he suffers a loss of 10%. His loss percent on the whole transaction is:

No profit no loss

1

2

5

10.		By selling 45 toffees for Rs 40, a man loses 20%. How many should he sell for Rs 24 to gain 20% ?

16

18

20

22