This document contains 34 multiple choice questions related to profit and loss calculations. The questions involve topics like calculating percentage profit/loss, determining original or marked prices given sale prices with discounts, and identifying costs given profits. Answers to the questions are also provided.

1. PROFIT & LOSS
1. A trader buys goods at 2ooh discount on
marked price. lf he wants to make a profit of 25oh after
af fowing a discount of 20oh, by what percent should
his marked price be greater than the original mar d
price ?
(A) 15% (B)65% (cl 2s% (Dl20%
2. Nisha bought a number of oranges at 2 for a
rupee and an equal number at 3 for a rupee. To make
a profit of 20%she should sell a dozen for
(A) Rs.6 (B) Rs.8 (C)Rs.10 (D)Rs.12
3. The cost price of a table is Rs. 3,200. A
merchant wants to make 25oh profit by selling it. At
the time of sale he declares a discount of 20% on the
marked price. The marked price (in Rs.) is
(A) 4,000 (B) 4,500 (c) 5,000 (D) 6,000
4. A cloth merchant has announced 25oh rebate on
marked price. lf one needs to have a rebate of Rs. 40,
then how many shirts, each with a marked price of
Rs. 32, should he purchase ?
(A) 5 (8)6 (c)7 (D)8
(Al 12 (B)e (c) 1o (D) 11
'12. A merchant purchases a wrist watch for Rs.
450 and fixes its list price in such a way that after
alf owing a discount of 10oh, he earns a profit of 20oh.
Then the list price of-the watch is
(A) 600 (B)650 (c) 700 (D) 550
13. The cost price of a book is Rs. 300. The
shopkeeper wants to gain 20oh atter allowing a
discount of 1'0% on the marked price. Thel the
marked price of the book must be
(A) Rs.360 (B) Rs.336 (C) Rs.a00 (D) Rs.396
14. A dishonest grocer sells rice at a'profit of 10%
and also uses weights which are 20% less fhin,the
marked weight. The total gain earneiQ'By him vfitl ne
(A) 35% (Bl375% (C)
19% . (D) 30.5%
8.,
15. lf the cost price of"hn item Is two fifth of its
marked price and if it is sofd at a discount of 10%,
then there will be ;:,: ""?^* p
(A) 25% profit
"t IB) 40% profit
(C)50% profit $i.
i (D) 125% profit
"":
16. A sliop5-geper 6ii1is 144 items at 90 paise
each. On the'way20,items are broken. He sells the
remaintler at Rs. 1.20 each. His gain per cent correct
5. rhe marked price of an articre is 10% hisher lii{}:{"):"lt11T]T.ei: pt M.8% (D) 15.8%
than the cost price. A discount of 10% is given on the .;,.i jf ,
marked price. In this kind of sale, the seller bears @418". 'iffi" is a profit of 20%on the cost price of an
(A) no loss, no gain (B)a loss of-s.!i .g.qliCte,,,.rneohof piofit, when catcutated on seiling
(C) a gain ol 1oh (D) a loss of 1%,. *"iii"",il
6. A fruit vendor buys apptes at the
'."td,iii
ro ro,, @ laiv" (Bl 20% (c) 33
;% (D) None of these
Rs. 100. How many should he setl for Rs.'{001t*ethat
he makes a profit ot 2loh ? .*o#
'-. 18, A sold a horse to B for Rs.4800 by losing
(A) 6 (B) T (c) 8 {, (D) St 20%. B sells it to C at a price which would have given
, +i A a Profit ol 15%. B's gain is
7. The marked price of an iitjm is ffilq"h"the cost (A) Rs'1800 (B) Rs.1900 (C) Rs.2000 (D) Rs.2100
price. For a gain of 15oh, the discount should be
(Al7.5o/o (B) 20.5% tCi3Z.Sty pl 42.5% 19. A shopkeeper cheats to the extent of 20o/o
r 'i" ' while buying as well as selling, by using false
8. An article is sold at 10% loss. lf the sellinq weights. His totalgain is
price is Rs. 40 morel tneib witt be,:r gain of 15%. ihe (A) 20 (B) 25 (C)44 (D) 34
cost price of the article=is: 's'
(A) Rs.160 (Ai"Rb.rAe " (C) Rs.120 (D) Rs.175 ?.0.. A sells to B an iron box at10'h profit. B sells
r- it to C for 20% profit. lf C pays Rs. 528, then the cost
9. Tneimaried price is 10% higher than the cost price of A is
price. A distount ot:lloh is given oi tn" marked (A) Rs.508 (B) Rs.500 (C) Rs.a98 (D) Rs.400
price. ln this kihd,Of sale, the seller
(A) loses 1.5% (B) bears no toss, makes no gain 2'1. By selling 25 meters of cloth a trader gains
(C)gains 17" (D) toses 1%. the selling price of 5 meters of cloth. The gain of the
'-
,.,' .., trader in % is
10. l#-n article is sold ata gain of 6% instead of (A)25 (B)20 (C) 28 (D) 29
at a loss of 6oh, then the seller gets Rs. 6 more. The
cost price of the article is 22. A person bought 76 cows and sold 20 cows at
(A) Rs.106 (B) Rs.50 (C) Rs.94 (D) Rs.100 15% profit, 40 cows at 19oh profit and remaining 16
cows at 25% prolit and got a profit of Rs6570 as a
11. The selling price of 20 articles is equalto the whole. The cost price of each cow is
cost price ot 22 articles. The gain percentage is (A) Rs450 (B) Rsa25 (C) Rs420 (D) Rsa00

2. 23. A reduction of 20oh in the price of sugar
enables Mr. Bhadra to buy an extra 5 kg of it for
Rs320. The original rate of sugar is
(A) Rs12 per kg (B) Rs15 per kg
(C) Rs16 per kg (D) Rs20 per kg
24. A man sells an article at a gain of 15%. lf he
had bought it at 10% less and sold it for 4 less, he
wouf d have gained 25oh. The cost price of the article
is
(A) 140 (B) 150 (c) 160 (D) 185
25. A dealer sells a radio at a gain of 10%.lf he had
bought it at 10% less and sold it for 132less, he
would have still gained 10%. The cost price of the
radio is
(A) 1,100 (B) 1,200 (C) 1,300 (D) 1,320
26. A man purchases two fans for Rs2,160. By
sef ling one fan at a profit of 15% and the other at a
loss of 9% he neither gains nor loses in the whole
transaction. Find the cost price of each fan in Rs
(A) Rs710,1450 (B) Rs1530,630
(C) Rs810,1350 (D) Rs1340,820
27. lf the profit on selling an article for Rs425 is
the same as the loss on selling it for Rs355, then the
cost price of the article is
(A) Rs370 (B) Rs380 (C) Rs390 (D) Rsa00
28. A man sold 20 apples for Rs100 and gained
20%. How many apptes did he buy for Rs100?'i
(c) 100 (D) 125
32. ""lt,.the cost price and selling price of an article
are in thei'ratio 10 : 11, then the percentage of profit
IS:
(A) 10
33. A merchant sold an article for Rs75 at a profit
percent equal to his cost price. The cost price of the
article was:
(A) Rs45 (B) Rs50 (C) Rssa (D) Rs60
34. A vendor sells lemons at the rate of 5 for
Rs14, gaining thereby 4loh,For how much did he buy
a dozen lemons?
(A)20 (Bl21 (cl24 (D) 28
35. The percentage of profit, when an article is
sold for Rs78, is twice than when it is sold for Rs69.
The cost price of the article is:
(A) Rs4e (B) Rs51 (C) Rs57 (!) ns0o
(C) Rs16,000 :h (D) Rs16,500
* "+, 'g
38. Thetotilkost price of two watches is Rs840.
One is sold atg-ffofit of 16 per cent and the other at a
loss of 12 perrtht. There is no loss or gain in the
whof e transactlon The cost price of the watch on
which the shop'keeper gains, is
(A) Rs390
"l (BlRs370 (C) Rs380 (D) Rs3e0
* .t],;:*
39. ' lran article is sold for Rs178 at a loss of 11oh,
what itrould be its selling price in order to earn a
(A) 20 (Bl22 (cl24 (D)35
*.
2s. A milkman bought 70 litres o;ditik for n36so
and added 5 litres of water. lf he selfSf! at Rs9.00 per
f iter, his profit percentage is t .rt,,
(A) 8i% (B) 7o/o {.Sl piv" 't (Dt 7:"/"
'"S ',
30. The difference between tl$ sglling price and
cost price of an article i5 nsZt0.4f th'e profit percent
is 25, then the selling.pricg,,of thd article is
(A) Rs950 . (B)Rs1,050
(C) Rs1,150 '" (D1Rs1,250
31. tf sd,lting'ftice'bf.an article is reduced by 60%,
then there i3 a.lossi6f 1'0% on cost price. The initial
profit iibrcerit w.ag'
(A)70 (B) 80
rfiitit or ttXz
(A) Rs 222.50
(C) Rs 222
(B) Rs 267
(D) Rs 220
40. Nita blends two varieties of tea-one costing
Rs 180 per kg and another costing Rs200 per kg in
the ratio 5 : 3. lf she sells the blended variety at
Rs210 per kg, then her gain is
(A) 10 % (Bl11% (cl12% (D) 13 %
ANSWERS
(B)e (c)3 (D) 1
1 c 2 A 3 c 4 A
5 c 6 c 7 D 8 A
9 D 10 B '|'1 c '12 A
13 c 14 B 15 D 16 c
17 A 18 D 19 c 20 D
21 A 22 A 23 c 24 c
25 B 26 c 27 c 28 c
29 D 30 B 31 D t32 A
33 B 34 c 35 D36 c
37 A 38 A 39 c 40 c
36. A fruit seller buys lemons at.2sfcir a rupee and
sells them at 5 for three rupees. Hi$lprofit per cent isp"rofit pe
,fu"_ (D)
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