PROFIT AND LOSS February 2, 2015

1) The profit earned by selling an article for Rs-600 is equal to the loss incurred when the same
article is sold for RS-400. What should be the sale price of the article for making 25% profit?
a. 425
b. 525
c. 625
d. 725
2) If the reduction of 20% in the price of sugar enables a person to buy more 2kg for Rs-30. Find
the reduced and original price of the sugar?
a. 3 and 3 ¾
b. 4 and 4 ¾
c. 5 and 5 ¾
d. 1 and 1 ¾
3) If the hike of 10% in the price of sugar forces a person to purchase 2 kg less for Rs-110. Find the
new and original prices?
a. 3 and ½
b. 4 and ½
c. 5 and ½
d. 6 and ½
4) If a man purchases 11 oranges for Rs-10 and sells 10 oranges for Rs-11.How much profit/loss
does make?
a. 21%
b. 22%
c. 23%
d. 24%
5) A boy buys 9 oranges for Rs-16 and sells them at 11 for Rs-20.What does he gain or loss%?
a. 2 ¾ %
b. 2 ¼ %
c. 3 ¼ %
d. 3 ¾ %
6) A dishonest seller professes to sell his goods at CP but uses a weight of 960gm for the Kg weight.
Find his gain%?
a) 3.16 %
b) 2.16%
c) 4.16%
d) 1.16%
7) A grocer sells rice at profit of 10% and uses a weight which is 20% less. Find his total %gain?
a) 27.5
b) 25.5
c) 37.5
d) 35.5

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8) If the shopkeeper sells his goods at 6 ¼ % loss on CP but uses 14 gm instead of 16 gm, then his p
% or l%?
a) 7 and1/7
b) 6 and 1/7
c) 5 and 1/7
d) 4 and 1/7
9) A dishonest seller sells his good at 6 ¼% loss on CP but uses 12 ½% less weight/.What is the P%
or l%?
a) 4.14
b) 5.14
c) 6.14
d) 7.14
10) A seller uses 840 gm in place of one kg to sell his goods. Find the actual %p or %l, when he sells
his article on 4% gain on CP?
a) 23.80
b) 33.80
c) 43.80
d) 53.80
11) If a dealer wants to earn 20% on an article after offering 30% discount to the customer, by what
% should he increase his marked price to arrive at level price?
a) 71 ¾%
b) 72 ¾%
c) 73 ¾%
d) 74 ¾%
12) A sells a good to B at a profit of 20% and B sells it to C at a profit at a profit of 25%. If C pays Rs-
225 for it, what was the CP of A?
a) 250
b) 150
c) 350
d) 450
13) A sells a good to B at a loss of 20% and B sells it to C at a loss of 25%. If C pays Rs-900 for it, at
what price did A buy?
a) 1500
b) 2000
c) 2500
d) 3000
14) A sells a good to B at a profit of 30% and B sells it to C at a loss of 20%. If C pays Rs-520 for it, at
what price did A buy?
a) 200
b) 300

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c) 400
d) 500
15) I sold a book at a profit of 12%, had I sold it for Rs-18 more, 18% would have been gained. Find
CP?
a) 200
b) 300
c) 400
d) 500
16) A man sold a horse at a loss of 7%. Had he been be able to sell it at a gain of 9%, it would have
been fetched Rs-64 more than it did? What was the CP?
a) 400
b) 500
c) 300
d) 200
17) A sells an article at a profit of 10%. If he had bought it at 10% less and sold it for Rs-3 more, he
would have 25% gain. Find the CP?
a) 80
b) 100
c) 120
d) 140
18) A person bought an article and sold it at a loss of 10%. If he had bought it for 20% less and sold
it for Rs-55 more, he would have had a profit of 40%.Find the CP?
a) 50
b) 100
c) 150
d) 250
19) A man sells an article at a profit of 20%. If he bought it at 20% less and sold it for Rs-75 less, he
would have gained 25%. What is the CP?
a) 375
b) 275
c) 475
d) 575
20) A dealer sold a radio at a loss of 2.5%, Had he sold it for Rs-100 more, he would have gained
7.5%. For what value should he sell it in order to gain 12 ½ %.? Find the initial CP?
a) 1125,1000
b) 525,500
c) 2125,2000
d) 1525,1000
21) A hawker sells oranges at a profit of 25%. If he increases the SP of each orange by 30 paise, he
earns a profit of 40%. Find the CP & SP?

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a) 100,150
b) 200,250
c) 300,350
d) 400,450
22) A man had to sell wheat at a loss of 10%. If he increases the price by Rs-5 per kg, he would make
a profit of 20%. Find the CP & initial SP?
a) 16.66 & 15
b) 14.44 & 14
c) 13.33 & 13
d) 15.55 & 15
23) A dealer sold a radio at a profit of 20%. Had he sold it for Rs-100 less, he would have gained
15%, for what value should he sell it in order to gain 25%. Also find the initial CP?
a) 1000 & 1500
b) 2000 & 2500
c) 3000 & 3500
d) 4000 & 4500
24) A dealer sold a radio at a loss of 20%. Had he sold it for Rs-100, he would have lost 15%. For
what value should he sell it in order to gain 25%. Also find initial CP?
a) 1000 & 1500
b) 2000 & 2500
c) 3000 & 3500
d) 4000 & 4500
25) An article is sold at a profit of 20%. If both the CP and SP are Rs-100 less, the profit would be 4%
more. Find the CP?
a) 300
b) 400
c) 500
d) 600
26) A man sells an article at a profit of 5%. If he reduces the price by Rs-4 per kg, he would make a
loss of 15%. Find the CP and initial SP per kg of the article?
a) 21
b) 32
c) 43
d) 54
27) A hawker sells oranges at profit of 40%. If he reduces the SP of each orange by 30 paise, he
earns profit of 25%. Find the CP and initial SP of each orange?
a) 80 & 180
b) 100 & 180
c) 200 & 280
d) 180 & 280

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28) An article is sold at 20% profit. If its CP and SP are less by Rs-10 & Rs-5 respectively and the P%
increases to 10%. Find the CP?
a) 60
b) 70
c) 80
d) 90
29) An article is sold at 25% profit. If its CP and SP are increased by Rs-20 and Rs-4 respectively, the
%P decreases by 15%. Find the CP?
a) 100
b) 120
c) 130
d) 110
30) A person sells his table at a profit 15% and the chair at a loss of 5 % but on the whole he gains
Rs-16. On the other hand if he sells the table at a loss of 5% and the chair at a profit of 15%,
then he neither gains nor losses. Find the CP and of the table and chair?
a) Rs-120,Rs-40
b) Rs-150,Rs-90
c) Rs-40,Rs-120
d) Data inadequate
31) The CP of 10 articles is equal to SP of 9 articles. Find the P%?
a) 11 and 1/9
b) 12 and 2/9
c) 13 and 3/9
d) 14 and 4/9
32) By selling 66 m cloth, one gains the CP of 22 m. Find P%?
a) 33 and 1/3
b) 22 and ½
c) 11 and ½
d) 10 and ½
33) An article is sold at 20% profit. If the CP is increased by Rs-50 and at the same time if its SP is
also increased by Rs-30, then P% becomes 16 2/3% . Find CP?
a) 650
b) 750
c) 850
d) 950
34) 1/3 of community is sold at 15% profit, 1/4 th is sold at 20% profit and the rest at 24% profit. If
rd

a total profit of Rs-62 is earned, then find the value of community?

a) 300
b) 310
c) 320

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 PROFIT AND LOSS February 2, 2015

d) 340
35) Two third of the assignment is sold at 6% profit and the rest at loss of 3%. If there was overall
profit of Rs-540. Find the total value of the assignment?
a) 12000
b) 16000
c) 18000
d) 20000
36) Two third of a consignment was sold at 6% loss and rest at a profit of 3%. If there was an overall
loss of Rs-540, Find the value of consignment?
a) 12000
b) 16000
c) 18000
d) 20000
37) Nandlal purchased 20 dozen at 48. He sold 8 dozen at 10% profit and the remaining 12 dozen at
20% profit. What is the profit%?
a) 14
b) 16
c) 18
d) 20
38) 1/3 of community is sold at 15% loss, 1/4th is sold at 20% loss and the rest at 24% loss. If a
rd

total loss of Rs-62 is earned, then find the value of community?

a) 300
b) 310
c) 320
d) 340
39) If goods be purchased for Rs-450, and 1/3 rd be sold at a loss of 10%, at what gain % should the
remainder be sold so as to gain 20% on the whole transaction?
a) 25
b) 27
c) 32
d) 35
40) A man buys rice for Rs-4400. He sells 1/3 rd of it at a profit of 5%. At what % gain should he sell
remaining 2/3rd so as to make an overall profit of 10% on whole transaction?
a) 11.47
b) 12.47
c) 13.47
d) 14.47

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41) A distributor buys book for Rs-8000 from a publisher. He had to sell 1/4 th at a loss of 20%. At
what % gain he should sell the remaining stock so as to make an overall no profit no loss on the
total transaction?
a) 6 2/3%
b) 5 2/3%
c) 4 2/3%
d) 3 2/3%
42) A man buys rice for Rs-4400. He sells 1/3 rd of it at a profit of 5%. At what % loss should he sell
remaining 2/3rd so as to make an overall no profit no loss?
a) 2.49
b) 3.49
c) 4.49
d) 5.59
43) A man buy 400 oranges at 4 a rupee and 500 oranges at 2 a rupee. He mixed them together and
sells them at 3 a rupee. Find the %gain/loss?
a) -14 2/7 loss
b) -13 2/7 loss
c) -12 2/7 loss
d) -11 2/7 loss
44) A man purchases a certain number of a mangoes at 3 and the same number at 4. He mixes them
together and sells at 3 per rupee. Find gain/loss% ?
a) 14 2/7% profit
b) 13 2/7% profit
c) 12 2/7% profit
d) 11 2/7% profit
45) Oranges are bought at 11 a rupee and an equal number more at 9 for a rupee. If these are sold
at 10 for a rupee, find p or l%?
a) 1% loss
b) 1% profit
c) 2% loss
d) 2% profit
46) A person bought 2 horses for Rs-690. He sold one at a gain of 10% and other at a gain of 20%
and he found that each horse was sold at the same price. Find CP of two horses?
a) 360 & 330
b) 260 & 230
c) 460 & 430
d) 560 & 530

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47) If toffees are bought at the rate of 25 for a rupee, how many must be sold for a rupee to gain
25%?
a) 18
b) 20
c) 22
d) 24
48) A person bought some oranges at 5 per rupee. He bought the same no of oranges at 4 per
rupee. He mixes both the types and sells at 9 for Rs-2. In this business he bears a loss of Rs-3.
Find out how many oranges he bought in all?
a) 880
b) 980
c) 1080
d) 1180
49) A man buys 2 horses for Rs-1530. He sells one so as to lose 6% and the other so as to gain 7.5%.
on the whole he neither gains nor loses. What does the horse cost?
a) 700,650
b) 900,650
c) 750,600
d) 700,850
50) By selling bananas at 21 a rupee , a man loses 30%. How many for a rupee should he sell in order
to gain 5%?
a) 8
b) 10
c) 12
d) 14
51) By selling an article for Rs-19.50, a dealer makes a profit of 30%. By how much should he
increase the SP so as to make a profit of 40%. Find SP also?
a) 1
b) 1.50
c) 2
d) 2.50
52) By selling an article for Rs 160, a dealer makes a loss of 20%. By how much should he increase
the SP so as to make a profit of 25%. Also find the SP?
a) 70
b) 80
c) 90
d) 60

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53) A dealer bought a horse at 20% discount on its original price. He sold it at 40% increase on
original price. Find P%?
a) 65
b) 70
c) 75
d) 80
54) A trader bought a car at 20% discount on its original price. He sold it at 40% increase on the
price he bought it. What percentage of profit did he make on the original price?
a) 10
b) 12
c) 14
d) 16
55) A horse worth Rs-9000 is sold by A to B at a loss of 10%.B sells it back to A at 10%gain. Who
gains and who loses? Find the values also?
a) 9%....810
b) 8%....910
c) 7%......710
d) 6%......910
56) Satish marks his goods 25% above the CP but allows 12.5% discount for cash payment. If he sells
the article for Rs-875, find the CP?
a) 500
b) 600
c) 700
d) 800
57) A milkman buys some milk. If he sells it at Rs-5 a litre, he loses Rs-200, but when he sells it at Rs-
6 a litre, he gains Rs-150. How much milk did he purchase?
a) 350
b) 450
c) 250
d) 150
58) A fruit merchant makes a profit of 25% by selling mangoes at a certain price. If he charges Rs-1
more, he would gain 50% . Find the what price mango did he sell it at first.also find CP?
a) 5,4
b) 6,5
c) 7,6
d) 8,7
59) 5 chairs cost as much as 12 stools, 7 stools as much as 2 tables , 3 tables as much as 2 sofas, if
the cost of 5 sofas be Rs-8750, find that of chair ?
a) 800
b) 875

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c) 900
d) 925
60) A person saves 10% of his income. If his income increases by 20% and he decides to save 15%of
his income, by what% has his savings increased?
a) 60
b) 70
c) 80
d) 90
61) Each of two horses is sold for Rs720.The 1 st one is sold at 25% profit and 2nd one is sold at 25%
loss. What is %gain or % loss in this deal?
a) Loss of 6.25
b) Profit of 6.25
c) Loss of 7.25
d) Profit of 7.25
62) A man sells two articles, each for the same price rs-500. He earns 25% profit on the first and 15%
profit on second. Find the overall profit or losss?
a) 17.79
b) 18.89
c) 19.79
d) 16.99
63) A man sells two horses for Rs-1710. The CP of the first is equal to the selling price of the second.
If the first is sold at 10% loss and the second at 25% gain, what is his total gain or loss?
a) 70
b) 80
c) 90
d) 100
64) A dealer sells a table for Rs-400, making a profit of 25%. He sells another table at a loss of 10%,
and on the whole he makes neither profit nor loss. What did the second table cost to him
a) 700
b) 800
c) 900
d) 100
65) If a discount of 10% is given on the MP of an article, the shopkeeper gets a profit of 20%. Find
his profit % if he offers a discount of 20% on the same article?
a) 3 2/3
b) 4 2/3
c) 6 2/3
d) 6 3/2
66) 5% more is gained by selling a cow for Rs-1010 than by selling it for Rs-1000. Find the CP of the cow?
a) 200
b) 300

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c) 400
d) 500
67) A shopkeeper on purchasing deceives the seller by 20% and on selling, deceives the customer by 30%.
What is the overall % gain or loss on the whole transaction?
a) 50
b) 52
c) 54
d) 56
68) A shopkeeper increases the original SP of a pen by 3 times. Initial gain % is given by 5%. Find out the new
gain %?
a) 200
b) 215
c) 220
d) 225
69) A person sells 1/4th part of his property at 20% gain, 2/3rd part of the property at 21% gain and the
remaining part at 12% loss, what is the overall % gain or loss?
a) 18
b) 90
c) 22
d) 24
70) If a merchant estimates his profit as 20% of the SP ,what is his real P%?
a) 22
b) 23
c) 24
d) 25
71) If a merchant estimates his loss at 10% of the SP, then his real loss%?
a) 9 1/9
b) 6 1/5
c) 6 2/8
d) 9 2/9
72) By selling 66 mt of cloth, I gain the SP of 22 mt. Find the gain%?
a) 25
b) 50
c) 70
d) 100
73) By selling 66 mt of cloth, I lose the SP of 22 mt. Find the loss%?
a) 25
b) 50
c) 75
d) 100
74) If a merchant by selling 48 mt of cloth a person gains the cost price of 12 mt. Find the gain%?
a) 25
b) 20
c) 28
d) 30

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75) Ram bought an article with 20% discount on the labeled price . He sold the article with 30% profit on
labeled price. What was his %profit on the price he bought?
a) 60
b) 62.5
c) 67
d) 69
76) A shopkeeper sold sarees at Rs-266 each after giving 5 % discount on labeled price. Had he not given the
discount, he woild have earned a profit of 12% on CP. What was the CP of each saree?
a) 280
b) 260
c) 240
d) 250
77) A garment company declared 15% discount for whole sale buyers. Mr.sushil bought garments from the
company for Rs-8500 after getting discount. He fixed up SP of garments in such a way that he earned a
profit of 10% on original company price. What is total SP?
a) 10000
b) 11000
c) 12000
d) 13000
78) A shopkeeper sold an article for Rs-400 after giving 20% discount on the labeled price and made 30%
profit on CP. What would have been the %p, had he not given the discount?
a) 60
b) 62.5
c) 65
d) 67.5
79) If bananas are bought at the rate of 24 for a rupee, how many must be sold for a rupee in order to gain
20%?
a) 20
b) 22
c) 24
d) 26

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