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.		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%

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

35%

32%

33.33%

30%

4.		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%

5.		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

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

100%

200%

300%

400%

7.		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

8.		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

9.		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

10.		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