1 3 PRACTICE QUESTIONS Answer the following questions by selecting the most appropriate option. By selling an article at 80% of its marked price, a trader makes a loss of 10%.What will be the profit, percentage If he sells it at 95% of its marked price? @ 58 (2) 125 @ 63 (a) 5 ‘Aman purchased a car for € 1,35,000 and spent % 25,000 on repairs. At what price was the car sold If he suffered 10% loss on It? (4) €4,44,000 (2) 71,21,500 (3) @4,50,000 (4) €1,76,000 ‘The marked price of a table fan is £1100 which is 10% above the cost price. It Is sold at a discount of 5% on the market price. Find the profit percent. (1) 4.5% (2) 2.45% (3) 5.75% (4) 10% . A shopkeeper sells 10 notebooks for the same ‘money as he pald for 20. What is his gain? (1) 25% (2) 40% (3) 45% (4) 100% Poa wants to sell a watch at a profit of 20%. She bought it at 10% less and sold it at < 30 less, but still she gained 20%. The cost price of the watch is (4) 7220 (3) 7240 (2) 2225 (4) 2250 . A shopkeeper sold his goods at half the list price and, thus, lost 20%. If he had sold on the listed price, his gain percentage would have been (4) 20% (2) 35% (@) 60% (4) 72% A profit of 12% Is made when a mobile phone is sold at

SP. of Larticle 8 Brcpot ror terticle => SP, cp, 1.30 CP, = 130% of +. Gain percentage = 30% (2) The article is sold at 30% loss. It means that it is sold at 70% of CP. 70% of CP. = 6,384 6384 70 =C. 100 =29,120 In order to gain a profit of 30%, the article will be sold at 130% of CP, Therefore, the required S.P. = 130% of 9120 =? 11,85613. (2) If the shopkeeper sells it for % 30 and his profit is 20%, the cost will be 30/1.20 = & 25. If the shopkeeper allows 102% discount, the selling price becomes 30 x 0.9= 227. So he gains % 2 on % 25. Therefore, the profit percentage will be (2/25 «100) % = 8% (2) Discount percent = MP~SP 99 MP 140-100, 140 = 40 x100=28.5% 140 100 (4) Let us assume that A's outlay was €X. Therefore, A sels to B for 1.2x and B sells to C at 1.44 x. Now, for C to incur a loss of 1/6 of its outlay, C must sell at 1.44% x(6/6) = 1.20%. Now, it is glven that 4.20x = 600. #x= 600/1.2 = 500. (2) Let MP. of an article be 400 CP. of an article = 60% of 100 60 SP. of an article = 84% of 100 =t84 Profit = 84 - 60=% 24 Gain percentage = 24 24 100 =40% a @ce.= Bose sp. =SP.= fof cr = 133.33% of CP, => Profit percentage = 33.33% (4) In case of loss, S.P. P. ~ loss 2,960 20. 24. 22. 23, 25. (2)SP. = 115% of CP. = 49,039 9039 36. B*100=£ 7,860 (4) Profit = 20% Therefore, S.P. = 120% of CP. 120% of CP. =% 3,240 3240 =€2,700 (2) Let the original number of oranges be x. Oranges left = 60% of x= 420 x=202,, 400-700 © (4) Let the marked price be 100 so hte a has Total discount = 100 - 61.2 =7388 -. Discount percentage = 38.8% (1) 20 « SP. of 4 table = 15 = GP. of 1 table = 3, = SP. of 1 table = Fx cp. of 4 table = SP. = 0.75 CP. = 75% of cr. siLoss percentage = 25% (2) Selling price of the item at 10% loss = = 480 So, 5% of 180 = > x 180 =9 ‘Therefore, Selling price =180-9=2171 @ Total cost price = 144 * 90 = 12960 paise 26, 2. 28, ‘As, 20 items are broken So, cost of 124 items = 12960 paise Selling price = 124 x 120 = 14880 paise 14880-12960 12960 100 =14.8% Profit %= 1920 12960 (1) Let the cost price of article bez 400. So, selling price = = 420 So, percentage of profit on selling price (4) Let the cost price be x So, =x- 1 2402 300 = 85x= 10200 =x=120 New selling price =€ 134.40 So, Profits = 244° x 100= 12% (1) GP. of 46 bags = S.P. of 20 bags Let GP. of 1 bag be ® 100 GP. of 16 bags =¥ 1600 CP. of 20 bags =% 2000 SP. of 20 bags = © 1600 Loss = CP. - SP, = 2000-1600 =7400 (ia tose (1 9) “(2000 =20% ‘eo 300)34. 32, =74,000 =e(orignt008) 32. ©) GF. of motte phone =x(20, = (Bx) =1(222x1008) ino =#1200 =2760 Profit= SP. - CP. NewS.P.=® 855 =% 1500 - 1200 Profit = 855 - 760 = 300 =%95 95 Profs ($3100) = 12.5% %4. (4) price of Sas (2) Let the cost calculator bet x ‘According to the question, Cornea 208% 99 _112x 30 uae as Accotdingto the given question: “foo ~ 100 (33x 33% 56.100 112x-108x 25 790500 38k, 38, a 25 “400 “a5 33x~14,02.500 90100 2 2% 2250 500 36,500 (2) LetCP. ofan article be 2x ~7aiz'sa.000 According to the question, =2475x 1044 90% 19g 16,500x-2,475x 100-100 =70,12,50,000 3 2088=90% | 9g 14,025 =70,12.50,000 100 x=50,000 _ 228-100 14 Cost price of an article paid by = 900 the manufacturer is equal to 50,000. (2) Hf discount is 10%, then 35. (2) Loss percentage = S.P.= 90% of MP. we Pereaniage 20% in percentage = 20% If profit is 35%, then SP, " perwentage 135% of CP. Loss percentage in the entire transaction © 90% of M.P, = 138% of CP, 36. (3) Let C.P. of 1 metre of cloth =e1 = CP. of 30 metres of cloth = 230 => Profit = C.P. of 7.5 metres of cloth = 27.5 Profit percentage = 25% 37. (4) Selling price after discount of 5% = 12600 - 5% of 12600 =%11,970 Selling price after a further discount of 2% = 11970 - 2% of 11970 = 11,730.60 38. (1) Let the CP, of each book =? 100 Total C.P. of two books = ¥ 200 Total S.P. of two books = 145% of 100 + 83% of 100 = 145 + 33, =%228 Profit = 228 - 200=%28 28 100 Profit percentag = 14% Alternate method: If cost prices of two articles are equal and one is sold at a% profit and the other is sold at b% loss, then there isan overall profit of (= ita>b 2 -: Profit percentage 45 “(399. (4) If discount is 50%, then S.P. = 50% of MP. and 8.P. = 120% of CP. = 50% of MP. = 120% of CP. => MP, = 2.4 OP, = 240% of cP. 40. If discount is 40%, then SP. = 60% of MP. = SP. = 60% of 240% of CP. = 144% of GP. => Profit percentage = 44% (4) Let SP. of 4 article = © 1 SP. of 20 articles = % 20 Profit=S.P. of 4 articles = @ 4 GP. of 20 articles = 20 - 4 =t16 4 Profit percentage = = *100 = 25%