Profit and Loss Sheet No :- 02

1. Cost price of 16 Articles is equal to the selling price of 14 articles. Then find out the
profit or loss %?
(a)14.28% (b)20% (c)25% (d)16.66%

2. A man finds that cost price of 2750 articles is equal to the selling price of 2500
articles then find profit or loss percentage?
(a)14.28% (b)10% (c)20% (d)16.66%

3. Cost price of 12 Articles is equal to the selling price of 9 articles. Then find out the
profit or loss %?
(a)10% (b)20% (c)25% (d)33.33%

4. After selling 72 articles a man loses selling price of 9 articles then find loss
percentage?
(a)10% (b)20% (c)25% (d)11.11%

5. After selling 72 articles a man earns a profit of selling price of 9 articles then find
profit percentage?
(a)10% (b)14.28% (c)25% (d)11.11%

6. After selling 72 articles a man earns a profit of cost price of 9 articles then find profit
percentage?
(a)10% (b)14.28% (c)12.5% (d)11.11%

7. A shopkeeper sells at 9% loss had he sold it Rs. 750 more then he would gain 7% then
find initial cost price?
(a)4600 (b)4687.50 (c)5000 (d)5100

8. A shopkeeper sells his goods at 7% profit had he sold it Rs.4248 more then he would
gain 13% profit then find initial cost price?
(a)70800 (b)70500 (c)75000 (d)75100

9. A shopkeeper sells his goods at 20% profit had he purchase it for 10% less and sold it
rs 18 less than he would gain 30% then find out initial cost price?
(a)400 (b)600 (c)500 (d)510
10. A shopkeeper sells his goods at 10% profit had he purchase it for 20% less and sold it
rs 20 more than he would gain 40% then find out initial cost price?
(a)400 (b)600 (c)800 (d)1000

11. A man purchases 11 articles for Rs 10 and sells 10 articles for Rs. 11 then find out
Profit or loss percentage?
(a)10% Profit (b)10% Loss (c)21% Profit (d) 21% loss.

12. A man purchases 6 pencils for Rs 5 and sells 5 Pencils for Rs. 6 then find out Profit or
loss percentage?
(a)44% Profit (b)44% Loss (c)21% Profit (d) 21% loss.

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 13. A dishonest shopkeeper promises to sell his goods at its cost price but he uses 30%
less weight then find out the profit percentage?
(a)40% (b)42.85% (c)44% (d)11.11%

14. A dishonest shopkeeper promises to sell his goods at its cost price but he uses 960gm
weight instead of 1 kg then find out the profit percentage?
(a)4.66% (b)4.85% (c)4% (d)1%

15. A shopkeeper promises to sell his goods at 10% profit but he uses 20% loose weight.
Then find out the profit percentage?
(a)10% (b)20% (c)25% (d)37.5%

16. A shopkeeper promises to sell his goods at 44% loss but he uses 30% loose weight.
Then find out the actual loss percentage?
(a)10% (b)20% (c)25% (d)37.5%

If any doubts feel free to contact Nikhil Chidrawar 9404190450/8830698706

 SIMPLE INTEREST AND COMPOUND INTEREST
1.A sum of Rs. 4000 is lent for 5 years at the rate of 15% per annum. Find the interest.
(a) Rs. 3000 (b) Rs. 2000 (c) Rs. 1000 (d) Rs. 1500 (e) None Of These
1.Solution:- (a) Rs. 3000 I = PRT/100 I= 4000x5x15/100 I= 40x5x15 =3000

2. What is the simple interest of Rs 800/- on 5% per annum for 3 years?

(a) Rs. 120 (b) Rs. 200 (c) Rs. 100 (d) Rs. 150

3. How much time will it take for an amount of Rs 450 to yield Rs 81 as interest at 4.5% per
annum of simple interest? [IGNOU 2003]
A) 3% B) 4% C) 5% D) 6% E) None of these
4. A sum of Rs 12,500 amounts to Rs 15,500 in 4 years at the rate of simple interest. What is the
rate of interest? [Bank PO 2003]
5. A sum of Rs 1600 gives a simple interest of Rs 252 in 2 years and 4 months. The rate of
interest per annum is:
A) 6% B) 6(1/4) % C) 6(1/2)% D) 6(3/4)%
6. Reena took a loan of Rs 1200 with simple interest for as many years as the rate of the interest.
If she paid rs 432 as interest at the end of the loan period, what was the rate of the interest
A) 3.6 B) 6 C) 18 D) Cannot be determined E)
None of these
7. A man took a loan from a bank at the rate of 12% p.a. simple interest. After 3 years he has to
pay Rs 5400 interest only for the period. The principal amount borrowed by him
was: Rs
A) 2000 B) 10000 C) 15000 D) 20000
8. What is the present worth of Rs 132 due in 2 years at 5% simple interest per annum
A) 112 Rs B) 118.80 Rs C) 120 Rs D) 122 Rs
9. A sum fetched a total simple interest of Rs 4016.25 at the rate of 9 p. c. p. a. (percent per
annum) in 5 years. What is the sum?
A) 4462.50 rupees B) 8032.50 rupees C) 8900 rupees D)
8925 rupees E) None of these.

10. How many years will it take for amount of Rs 600 to yield RS 120 as interest at 10% per
annum of SI?
(a)4 (b)2 (c)1 (d)3

11. A sum of Rs 15000 amount gave Rs 4500 as interest in 5 years then what is the rate of
interest?
(a)4% (b)2% (c)6% (d)3%

If any doubts feel free to contact Nikhil Chidrawar 9404190450/8830698706

12. A sum of money becomes Rs 1100 in 2 years and Rs. 1400 in 6 years at S.I then find the
rate of interest?

13. What would be the CI on RS 17500 at the rate of 12% after 2 years?
(a)4452 (b)4450 (c)4000 (d)3500

14. What would be the CI obtained on an amount of RS 12000 at the rate of 9% for 3 years?
(a)3500 (b)4450 (c)4000 (d)3540

15. What would be the CI obtained on an amount of RS 4800 at the rate of 5% for 3 years?
(a)3500 (b)756.6 (c)400 (d)354

16. What would be the CI obtained on an amount of RS 12000 at the rate of 12% for 2 years?
(a)3500 (b)4450 (c)3180 (d)3540

17. The difference between compound interest and simple interest on sum of 10000 is 64 for
2 years then find the rate of interest?
(a)8% (b)64% (c)4% (d)2%

18. The difference between compound interest and simple interest on sum of 700 in 2 years at
5% per annum is?
(a)10 (b)5 (c)1.75 (d)1

19. A sum of money doubles itself in 8 years at SI then the rate of interest per annum?
(a)12.5% (b)64% (c)4% (d)2%

20. A sum of money doubles itself at simple interest in 6 years the it will becomes four times
in ?
(a)10 (b)5 (c)18 (d)15

21. A sum of money doubles in 3 years at compound interest, compounded annually. It will
become 4 times of itself in
(a)10 (b)6 (c)8 (d)15

22. What is the difference between CI and SI of Rs 12000 on 5% per annum for 2 years?
(a)10 (b)60 (c)30 (d)15

23. What is the difference between CI and SI of Rs 15000 on 5% per annum for 3 years?
(a)40.91 (b)30 (c)80 (d)50

If any doubts feel free to contact Nikhil Chidrawar 9404190450/8830698706