PROFIT AND LOSS

1. Mohan buys a watch for ₹350 and sells it for ₹392. Find out his percentage of profit.
(a) 9% (b) 12% (c) 14% (d) None of these

2. A man buys 10 articles for ₹8 and sells them at ₹1.25 per article. His gain per cent is:
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(a) 55% (b) 56 % (c) 40% (d) None of these
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3. A toothpaste labeled at ₹80 is sold for ₹68. The rate of discount is:
(a) 12% (b) 14% (c) 15% (d) None of these

4. Sardar Singh bought 200 dozen oranges at ₹10 a dozen. He spent ₹500 on
transportation. He sold them at ₹1 each. What was his profit or loss per cent?
(a) 4% (b) 6% (c) 5% (d) None of these

5. Hemant purchased 120 rims of paper at ₹80 per rim. He spent ₹280 on transportation,
paid octroi at the rate of 40 paise per rim and paid ₹72 to the coolie. If he wants to have
a gain of 8%, the selling price per rim must be:
(a) ₹89 (b) ₹90 (c) ₹95 (d) None of these

6. A shopkeeper loses 7% by selling a cricket ball for ₹31. For how much should he sell
the ball so as to gain 5%?
(a) ₹50 (b) ₹65 (c) ₹35 (d) None of these

7. A shopkeeper sold some articles at ₹35 per piece and gained 40%. What would be the
selling price of each article to earn 60% profit?
(a) ₹40 (b) ₹45 (c) ₹50 (d) None of these

8. A fruit vendor buys 10 bananas for ₹14 and sells them at 12 for ₹15. Find his
percentage gain or loss.
5 5
(a) 10 % loss (b) 10 % gain (c) 9% gain (d) None of these
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9. If eggs are bought 12 for ₹10 and sold at 10 for ₹12. What is the gain or loss %.
(a) 40% loss (b) 44% gain (c) 44% loss (d) None of these

10. A shopkeeper gains the cost of 8 metres thread by selling 40 metres thread. Find his
gain per cent.
(a) 19% (b) 20% (c) 22% (d) None of these

11. If the selling price of 2/3 of a certain quantity of milk be equal to the cost price of
whole milk, then what will be the gain per cent in this transaction?
(a) 50% (b) 48% (c) 53% (d) None of these
12. Mohit lost 18% by selling a bicycle for ₹1230. What per cent shall he gain or loss by
selling it for ₹1600?
2 2
(a) 6 % loss (b) 4% gain (c) 6 % gain (d) None of these
3 3

13. A person sells 36 oranges per ₹1 and makes a loss of 4%. Find how many oranges
per ₹ to be sold to have a gain of 8%?
(a) 1/32 (b) 5 (c) 1/16 (d) None of these

14. Vijay sold a watch at a gain of 5%. Had he sold it for ₹72 more, he would have
gained 13%. Find out the cost price of the watch.
(a) ₹900 (b) ₹910 (c) ₹870 (d) None of these

15. Sita sells a calculator to Gita at a gain of 17% and Gita sells it to Anu at a loss of
25%. If Anu pays ₹1842.75 for it, then what did Sita pay for it?
(a) ₹2080 (b) ₹2100 (c) ₹2110 (d) None of these

16. ‘A’ sells an article to ‘B’ at a gain of 20% and ‘B’ sells it to ‘C’ at a gain of 10% and
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‘C’ sells it to ‘D’ at a gain of 12 %. If ‘D’ pays ₹29.70 what did it cost to ‘A’?
2
(a) ₹20 (b) ₹24 (c) ₹18 (d) None of these

17. ‘A’ sells a good to ‘B’ at a profit of 10% and B sells it to ‘C’ at a profit of 20%. Find
out the resultant profit.
(a) 35% (b) 20% (c) 32% (d) None of these

18. A man sold two watches for ₹3750 each. On one he gained 5%, and on the other, he
lost 5%. What was his total gain or loss percentage?
1 1 1
(a) 1 % (b) % (c) % (d) None of these
4 2 4

19. A shopkeeper sold two bicycles for ₹1500 each. On one, he gains 25% and on the
other he loses 20%. His gain or loss per cent in the whole transaction is:
18 18
(a) 2 % loss (b) 2 % gain (c) 2% gain (d) None of these
41 41

20. A man sells two articles, each for ₹640. He earns 20% profit on the first, and 40%
profit on the second. Find his overall per cent profit.
1 1 3
(a) 29 % (b) 28 % (c) 29 % (d) None of these
2 2 13

21. If a stall sell a pizza at ₹200 he makes 20% loss if he wants to make 10% profit
then at what price (in ₹) should he sell?
(a) 250 (b) 300 (c) 275 (d) 325
22. A man buys 10 oranges for a rupee and sells 8 oranges for a rupee. What is the
profit per cent?
(a) 10 (b) 12.5 (c) 20 (d) 25

23. A fan costing ₹1200 is being sold for ₹1500. What is the profit per cent?
(a) 10 (b) 12.5 (c) 25 (d) 20

24. A rice trader buys 8 quintals of rice for ₹3,600, 10% rice is lost in transportation. At
what rate should he sell to earn 15% profit?
(a) ₹352.1 per quintal (b) ₹517.5 per quintal (c) ₹575 per quintal (d) ₹582.3 per quintal

25. Raheem sells a machine for ₹48 lakh at a loss. Had he sold it for ₹60 lakh, his gain
would have been 5 times the former loss. Find the cost price of the machine.
(a) ₹58 lakh (b) ₹69.6 lakh (c) ₹42 lakh (d) ₹50 lakh

26. A shopkeeper professes to sell his goods at cost price but uses a 930 gm weight
instead of 1 kilogram weight. What will be the profit per cent of the shopkeeper?
(a) 3.76 (b) 7.52 (c) 9.85 (d) 10.36

27. A man gains 15% by selling a calculator for a certain price. If he sells it at the triple
the price, then what will be the profit percentage?
(a) 125 (b) 175 (c) 225 (d) 245

28. A trader buys 500kg of cotton for ₹9,000. 10% of this cotton is spoiled due to rain.
At what rate (₹/kg) should he sell the rest to earn 10% profit?
(a) 25 (b) 30 (c) 22 (d) 20

29. Profit of ₹144000 has to be divided among three partners Akram, Bipin and Chintan
in the ratio 3 : 2 : 7. How much ₹ does Chintan get?
(a) ₹84000 (b) ₹24000 (c) ₹36000 (d) ₹42000

30. Raman, Manan and Kamal are partners and invest in a business such that Raman
2 3
invests th of total and Manan invests th of the total. What is the ratio of profits of
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Raman, Manan and Kamal respectively?
(a) 16 : 15 : 9 (b) 16 : 15 : 31 (c) 2 : 3 : 5 (d) 15 : 16 :9

31. A trader sold an article at a gain of 20%. Had he purchased it for 40% more and
sold for ₹24 less, he would have incurred a loss of 20%. What is the cost price (in ₹) of
the article?
(a) 150 (b) 300 (c) 450 (d) 600
32. A man bought 500 metres of electronic wire at 50 paise per metre. He sold 50% of it
at a profit of 5%. At what per cent should he sell the remainder so as to gain 10% on
the whole transaction?
(a) 13% (b) 12.5% (c) 15% (d) 20%

33. A trader buys two articles for ₹4000 each. While selling if he gains 12.5% on one
and loses 20% on the other, then what will be the overall loss per cent?
(a) 2.5 (b) 3.75 (c) 5 (d) 5.25

34. By Selling 80 ball pens for ₹140, a retailer loses 30%. How many ball pens should
he sell for ₹104 so as to make a profit of 30%?
(a) 32 (b) 52 (c) 48 (d) 42

35. By what fraction selling price (S.P.) must be multiplied to get the cost price (C.P.) if
the loss is 20%?
(a) 4/5 (b) 8/5 (c) 5/4 (d) 6

36. After selling 5% of a quantity of sugar, 5 kg of sugar remains. Find the total quantity
of sugar.
5
(a) 19 kg (b) 5 kg (c) 100 kg (d) 95 kg
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37. ‘A’ bought a certain quantity of oranges at total cost of ₹1200/-. He sold 1/3rd of
those oranges at 20% loss. If A earns an overall profit of 10%, at what percent profit did
A sell the rest of the oranges?
(a) 16% (b) 15% (c) 22% (d) 25% (e) 20%

38. The marked price of a watch was ₹720. A man bought the same for ₹550.80 after
getting two successive discounts, the first being 10%. The second discount rate is
(a) 12% (b) 14% (c) 15% (d) 18%

39. If a shopkeeper wants to give 20% discount on a toy, he has to sell it for ₹300. If he
sells it at ₹405, then his gain percent is
(a) 5% (b) 8% (c) 4% (d) 6%

40. A manufacturer fixes his selling price at 33% over the cost of production. If cost of
production goes up by 12% and manufacturer raises his selling price by 10%, his
percentage profit is
5 3 5
(a) 36 % (b) 28 % (c) 30 % (d) 35%
9 8 8

41. A man purchases some oranges at the rate of 3 for ₹40 and the same quantity at 5
for ₹60. If he sells all the oranges at the rate of 3 for ₹50, find his gain or loss percent
(to the nearest integer).
(a) 31% loss (b) 31% profit (c) 34% loss (d) 32% profit

42. A dealer sold a bicycle at a profit of 10%. Had he brought the bicycle at 10% less
price and sold it at a price ₹60 more, he would have gained 25%. The cost price of the
bicycle was-
(a) ₹2600 (b) ₹2000 (c) ₹2200 (d) ₹2400

43. Two toys are sold at ₹504 each. One toy brings the dealer a gain of 12% and the
other a loss of 4%. The gain or loss per cent by selling both the toys is:
5 5 1 3
(a) 3 % Profit (b) 4 % Profit (c) 5 % Profit (d) 2 % Loss
13 13 13 13

44. A shopkeeper listed the price of goods at 30% above the cost price. He sells half the
stock at this price, one fourth of the stock at a discount of 15% and the remaining at
30% discount. His overall profit is
3 3 2
(a) 15 % (b) 15 % (c) 15 % (d) 15 %
8 5 3

45. A fruit-seller buys some oranges and by selling 40% of them he realises the cost
price of all the oranges. As the oranges being to grow over-ripe, he reduces the price
and sells 80% of the remaining oranges at half the previous rate of profit. The rest of
the oranges being rotten are thrown away. The overall percentage of profit is
(a) 80 (b) 84 (c) 94 (d) 96

46. The cost price of a table is ₹3,200. A merchant wants to make 25% profit by selling
it. At the time of sale he declares a discount of 20% on the marked price. The marked
price (in ₹) is
(a) 4,000 (b) 4,500 (c) 5,000 (d) 6,000

47. An article is sold at a gain of 15%. Had it been sold for ₹27 more, the profit would
have been 20%. The cost price of the article is:
(a) ₹500 (b) ₹700 (c) ₹540 (d) ₹545

48. A dealer buys a table listed at ₹1,500 and gets successive discounts of 20% and
10%. He spends ₹20 on transportation and sells at a profit of 20%. Find the selling price
of the table.
(a) ₹1,320 (b) ₹1,080 (c) ₹1,200 (d) ₹1,230

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49. A shopkeeper marks his goods at 40% above their cost price. He is able to sell th of
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his goods at this price, and the remaining at 40% discount. Assuming that the
shopkeeper is able to sell the goods he buys, find his loss or gain as % of the whole
transaction.
(a) 20% loss (b) 23% loss (c) 26% gain (d) 30% gain
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50. A trader allows a trade discount of 20% and a cash discount of 6 % on the marked
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price of the goods and gets a net gain of 20% of the cost. By how much above the cost
should the goods be marked for the sale?
(a) 40% (b) 50% (c) 60% (d) 70%

1. b 2. b 3. c 4. a 5. b
6. c 7. a 8. a 9. b 10. b
11. a 12. c 13. a 14. a 15. b
16. a 17. c 18. c 19. a 20. c
21. c 22. d 23. c 24. c 25. d
26. b 27. d 28. c 29. a 30. a
31. b 32. c 33. b 34. a 35. c
36. b 37. d 38. c 39. b 40. c
41. b 42. d 43. d 44. a 45. b
46. c 47. c 48. a 49. c 50. c