Profit and Loss

1.		If the cost price of 12 articles is equal to the selling price of 8 articles, the gain percent is ?

12%

30%

50%

60%

2.		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%

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

35%

32%

33.33%

30%

4.		What is the maximum percentage discount that a merchant can offer on her marked Price so that she ends up selling at no profit or loss, if she had initially marked her goods up by 50%?

50%

20%

25%

33.33%

5.		If selling price is doubled, the profit triples. Find the initial profit percent ?

100%

200%

300%

400%

6.		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

7.		A man bought an article and sold it at a gain of 5 %. If he had bought it at 5% less and sold it for Re 1 less, he would have made a profit of 10%. The CP of the article was:

Rs 100

Rs 150

Rs 200

Rs 250

8.		By selling an article at 80% of its marked price, a merchant makes a loss of 12%. What will be the percent profit made by the merchant if he sells the article at 95% of its marked price?

5%

4%

5.5%

4.5%

9.		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

10.		A Shopkeeper sells two articles at Rs. 2000 each, making a profit of 20% on the first article and a loss of 20% on the other. Find the net Profit or loss that he makes?

4% Profit

4% Loss

No Profit no Loss

2% Loss