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.		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

3.		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 %

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.		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

6.		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%

7.		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%

8.		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

9.		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%

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

35%

32%

33.33%

30%