Profit and Loss

1.		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

2.		A person incurs a loss of 5% by selling a watch for Rs. 1140. At what price should he sell to earn 5% profit.

Rs.1200

Rs.1230

Rs.1260

Rs.1290

3.		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

4.		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

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

100%

200%

300%

400%

6.		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

7.		A trader mixes 26 kg of sugar at Rs. 20 per kg with 30 kg of sugar of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:

No profit, No loss

5%

8%

10%

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

35%

32%

33.33%

30%

10.		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 %