Profit N Loss Quiz 1
Profit N Loss Quiz 1
Profit N Loss Quiz 1
2. The owner of a cell phone shop charges his customer 28% more than the cost price. If a
customer paid Rs 8,960 for the cell phone, then what was the cost price of the cell phone?
3. A sells an article which cost him Rs. 400 to B at a profit of 20%. B then sells it to C, making
a profit of 10% on the price he paid to A. How much does C pay to B?
4. By selling an article for Rs. 480 a person lost 20%. For what should he sell it to make a
profit of 20%?
5. Deepa bought a calculator at 30% discount on the listed price. Had she not got the
discount, she would have paid Rs. 82.50 extra. At what price did she buy the calculator?
6. A trader buys some goods for Rs. 150. If the overhead expenses be 12% of the cost price,
at what price should it be sold to earn 10%?
8. The profit earned after selling an article for Rs. 625 is same as the loss incurred after
selling the article for Rs. 435. The cost price of the article is
9. The profit earned after selling an article for Rs. 650 is same as the loss incurred after
selling the article for Rs. 426. Find the half of the 50% of the cost price.
10. A merchant has 1000 kg of sugar, part of which he sells at 8% profit and the rest at 18%
profit. He gain 14% on the whole. The quantity sold at 18% profit is
1 2 3 4 5 6 7 8 9 10
D E C C A A D B A B
Explanations:
128
x× = 8960
100
8960 × 100
or, x = = Rs. 7000
128
120
= × 400 = Rs. 480
100
110
= × 480 = Rs. 528
100
100 + Gain%
New SP = × Old SP
100 – Loss%
100 + 20 120
= × 480 = × 480
100 – 20 80
82.50
x= × 100 = Rs. 275
30
Deepa bought calculator in 275 – 82.50 = Rs. 192.50
Hence, option A is correct.
12
= Rs.(150 + × 150) = Rs. 168
100
Given that gain = 10%
110
∴ SP = Rs.( × 168) = Rs. 184.80
100
Hence, option A is correct.
2 106 1 97
SP = Rs.( × x × + ×x× )
3 100 3 100
1080 × 300
∴ x= = Rs. 36000
9
Hence, option D is correct.
8. Let the CP be x
According to the question,
625 – x = x – 425
⇒ 2x = 1060
⇒ x = Rs. 530.
Hence, option B is correct.
9. Let CP = x
According to the question,
650 – x = x – 426
⇒ 2x = 650 + 426 = 1076
⇒ x = Rs. 538
1 1 50
∴ of 50% of 538 = × × 538 = Rs. 134.50
2 2 100
Hence, option A is correct.