Profit and Loss

(c) 8388.80

(d) 8500.50

Set-2 5.Rakesh purchased a mobile phone for

5400 and a refrigerator for 9600. He sold
1.Mr Kashyap purchased an airconditioner the mobile phone at three-fourths of its
for 12000 and sold it for 15000. What was cost price and the refrigerator at 1⅓ of its
the profit percentage? cost price. What was the profit/loss?

(a) 15 (a) 1580

(b) 20 (b) 1750

(c) 25 (c) 1850

(d) 35 (d) 1870

(e) None of these (e) None of these

2. If books bought at prices ranging from 6. Rajni purchased a mobile phone and a
200 to 350 are sold at prices ranging from refrigerator for 12000 and 10000
300 to 425,what is the greatest possible respectively. She sold the refrigerator at a
profit that might be made in selling eight loss of 12 percent and the mobile phone
books? at a profit of 8 percent. What is her overall
loss/profit?
(a) 400
(a) Loss of 280
(b) 600
(b) Loss of rs.240
(c) Cannot be determined
(c) Profit of 2060
(d) None of these
(d) Profit of rs.2160
3.A shopkeeper bought an article for
2090.42.Approximately, what will be the (e) None of these
percentage profit if he sold that article for
7. Mohanlal purchased a TV set for 12500
2602.58?
and spent 300 on transportation and 800
(a) 15% on installation. At what price should he sell
it so as to earn an overall profit of 15%?
(b) 20%
(a) 14375
(c) 25%
(b) 14560
(d) 30%
(c) 15375
4. The cost price of an article is 7840. What
should be the selling price of the article so (d) 15460
that there is a profit of 7%?
(e) None of these
(a) 8000
8. Harshad bought 15 pieces of DVD
(b) 8300 players @ rs. 4500 each and sold all of
them at the total price of rs.81000. What is sold at the rate of ` 48 per dozen. The
the percent profit earned in the deal? percentage

(a) 16⅔ of profit or loss is

(b) 20 (a) 14²/⁷ %

(c) 20½ (b) 15% gain

(d) 25 (c) 14²/⁷ % loss

(e) None of these (d) 15% loss

9. Alfred buys an old scooter for 4700 and 13. A sells an article which costs him rs.
spends rs. 800 on its repairs. If he sells the 400 to B at a profit of 20%. B then sells it
scooter for 5800, his gain percent is to C, making a profit of 10% on the price
he paid to A. How much does C pay B?
(a)4⁴/⁷%
(a) ` 472
(b) 5⁵/¹¹%
(b) ` 476
(c) 10%
(c) ` 528
(d) 12%
(d) ` 532
10. A shopkeeper purchased 70 kg of
potatoes for 420 and sold the whole lot at 14. By selling an article for ` 100, a man
the rate of 6.50 per kg. What will be his gains ` 15.Then, his gain % is
gain percent?
(a) 15%
(a) 4⅙%
(b) 12⅔ %
(b) 6¼%
(c) 17¹¹/¹⁷ %
(c) 8⅓ %
(d) 17¼ %
(d) 20%
15.A trader buys some goods for ` 150. If
11. Sam purchased 20 dozens of toys at the overhead expenses be 12% of cost
the rate of 375 per dozen. He sold each price, then at what price should it be sold
one of them at the rate of 33. What was to earn 10%?
his percentage profit?
(a) ` 184.80
(a) 3.5
(b) ` 185.80
(b) 4.5
(c) ` 187.80
(c) 5.6
(d) ` 188.80
(d) None of these
16. A man buys 10 articles for ` 8 and sells
(e) 6.5 them at therate of ` 1.25 per article. His
profit is
12.100 oranges are bought at the rate of `
350 and (a) 19½ %
(b) 20% 21.The owner of a furniture shop charges
his customer 28% more than the cost
(c) 50%
price. If a customer paid` 23680 for a
(d) 56¼ % dining table set, then what was theoriginal
price of the dining set?
17.If an article is sold at 200 percent profit,
then theratio of its cost price to its selling (a) ` 15700
price will be
(b) ` 16250
(a) 1 : 2
(c) ` 17500
(b) 2 : 1
(d) ` 18500
(c) 1 : 3
(e) None of these
(d) 3 : 1
22. A gold bracelet is sold for ` 14500
18. If the ratio of cost price and selling at a loss of 20%.What is the cost price of
price of an article be 10 : 11, the the gold bracelet?
percentage of profit is
(a) ` 15225
(a) 8
(b) ` 16800
(b) 10
(c) ` 17400
(c) 11
(d) ` 18125
(d) 15
(e) None of these
19.A trader sells an article and loses 12
23.A shopkeeper expects a gain of 22½ %
½%.The ratio of cost price to the selling
on his cost price. If in a week, his sale was
price is
of ` 392, what was his profit?
(a) 7 : 8
(a) ` 18.20
(b) 9 : 8
(b) ` 70
(c) 8 : 7
(c) ` 72
(d) 8 : 9
(d) ` 88.25
20.A person buys an article for ` rupees. p
24.The sale price of an article including the
and sells it for` rupees. q there by gaining
sales tax is` 616. The rate of sales tax is
r%. The selling price in termsof cost price
10%. If the shopkeeper has made a profit
may be written as
of 12%, then the cost price of the article is
(a) pr/100
(a) ` 500
(b)r (100+p )/100
(b) ` 515
(c) p(100+r)/100
(c) ` 550
(d) p(100-r)/100
(d) ` 600
25. A shopkeeper buys 144 eggs at 90 (b) ` 87.48
paise each. On the way 20 eggs were
(c) ` 89
broken. He sold the remaining eggs at `
1.20 each. The percentage gain or loss is (d) ` 90

(a) 4.8% loss 29.person bought 20 litres of milk at the

rate of 8 per litre. He got it churned after
(b) 8.5% loss
spending 10 and 5 kg of cream and 20
(c) 12.9% gain litres of toned milk were obtained. If he
sold the cream at 30 per kg and toned
(d) 14.8% gain
milk at 4 per litre, his profit in the
26.Abhishek purchased 140 shirts and 250 transaction is
trousers @` 450 and @ ` 550 respectively.
(a) 25%
What should be the overall average selling
price of shirts and trousers so that 40% (b) 35.3%
profit is earned? (rounded off to next
(c) 37.5%
integer)
(d) 42.5%
(a) ` 700
30.Jacob bought a scooter for a certain
(b) ` 710
sum of money. He spent 10% of the cost
(c) ` 720 on repairs and sold the scooter for a profit
of 1100. How much did he spend on
(d) ` 725
repairs if he made a profit of 20%?
(e) None of these
(a) 400
27. A person purchased 10 dozen pens
(b) 500
at the rate of` 4 per dozen. On checking,
he found that 20 pens were not working. (c) 440
In order to earn 25% profit, he should sell
(d) 550
the remaining pens each at

(a) 40 paise

(b) 44 paise

(c) 50 paise

(d) 55 paise

28. Saransh purchased 120 reams of paper

at ` 80 per ream. He spent ` 280 on
transportation, paid octroi at the rate of 40
paise per ream and paid ` 72 to the coolie.
If he wants to have a gain of 8%, what
must be the selling price per ream?

(a) ` 86