PROFIT – LOSS Questions Part-1
(1) I gain 60 paise on Rs.60, my gain percent is
1. 0.1%
2.10%
3.1%
4.None
(2) When an article is sold for Rs.35, there is a loss of 2%. What is the cost price of article?
1. Rs.35.7
2.Rs.36
3.Rs.38.34
4.none
(3) A man buys an article for Rs.28.50 and sell it for Rs.26.40 find his loss percent?
1. 8%
4. none
(4) Find SP when CP = Rs.56.25, loss = 10%
1. Rs.51.60
2.Rs.50.625
3.Rs.52.725
4.None
(5) A dishonest dealer professes to sell his goods at cost price but uses a weight of 850gm for a kg weight. Find his gain percent
4. None
(6) A man sold two articles for Rs.600 each, on one he gains 15% while on the other he loses 15%. Find profit or loss%
1. 2.25% loss
2.25% gain
3.no loss no gain
4.none
(7) If a trader allows a discount of 15% on the marked price of Rs.675, at what price should he sell the article
1. Rs.650.25
2.Rs.573.75
3.Rs.523.85
4.None
(8) Find the single discount, which is equivalent to 15% and 25% successively?
1. 38%
2.35%
3.36.25%
4.37.25%
(9) If the cost price is 92% of the SP then what is the profit percent
4. none
(10) By selling a watch for Rs.496, a shop keeper incurs a loss of 20%, find the cost price of the watch.
1. Rs.620
2.Rs.720
3.Rs.650
4.None
(11) A shopkeeper sold goods for Rs.2800 and made a profit of 28% in the process. Find profit or loss percent if he had sold his goods for Rs.2100
1. 4% profit
2.4% loss
3.no loss no gain
4.none
(12) A shopkeeper bought 120 chocolates at Rs.8 per dozen. If he sold all of them at Rs.1 each what was his profit/ loss percent?
1. 20%
2.25%
3.50%
4.60%
(13) A shopkeeper marks the price of an article at Rs.80, find the Cost price, if after allowing discount of 20% he still gains 10% on the CP.
1. Rs.59
2.Rs.58.18
3.Rs.60
4.None
(14) A shopkeeper marks the price of an article at Rs.80, what will be the selling price of the article if he allows two successive discounts of 5% each?
1. Rs.73.20
2.Rs.72
3.Rs.72.20
4.None
(15) A dozen pairs of gloves quoted at Rs.96 are available at a discount of 10%, find how many pairs of gloves can be bought for Rs.36
1. 3 pairs
2.8 pairs
3.4 pairs
4.none
(16) Find the single discount equivalent to the discount series of 20%, 10%, 5% respectively?
1. 31%
2.31.6%
3.32%
4.none
(17) 12 oranges are bought for a rupee and are sold at 10 for a rupee. Find the percentage profit or loss?
1. 10%
2.15%
3.25%
4.20%
(18) A reduction of 5% in the price of rice enables a housewife to buy 3.1 kg more for Rs.139.5. Find the reduced price per kg
1. Rs.2.00
2.Rs.2.50
3.Rs.2.25
4.none
(19) The marked price of a chair is Rs. 1000, which is 20% above the cost price. It is sold at a discount of 10% on the marked price. Find the profit percentage.
1. 16%
2.9%
3.8%
4.10%
(20) How much percent more than the cost price should a shopkeeper mark his goods, so that after allowing a discount of 15% he should have a gain of 2% on his outlay?
1. 10%
2.20%
3.30%
4.none