Profit and Loss - Handouts 1

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                                    Profit and Loss - 1

 1. A merchant bought an article for 8400 and sold for 9600.  What is the profit %?

a)12%            b)15%            c)14 2/7 %     d)20%

2. The cost price of a camera is 800 and its selling price is 1040.What is the percentage of profit?

a)20%            b)25%            c)28%              d)30%

3.  A shopkeeper bought an article for Rs.  9900 and sold for Rs .8800.What is the loss %?

a)11 1/9 %     b)10%         c) 15%             d)25%

4. If an article is sold at 200% profit , then the ratio of its cost price to its selling price will be

a)1:2            b)2:1             c)1:3                d)3:1

5. A merchant buys 100 articles for Rs 800 and sells them at the rate of Rs 12.5 each. What is his gain%?

a)50%       b)40%   c)56 ¼ %        d)60%

6. 24 articles were bought for RS 14880 and sold for Rs 18480. How much was the approximate profit% per article?

a)20%       b)24%             c)29%               d)32%

7. A merchant bought an article for Rs 2500. He spent Rs 320 on its shipping. He then sold it for Rs 4089. What was the percent profit he gained in this transaction?

a)38%       b)45%             c)46%               d)35%

8. A man bought 100 dozen oranges at Rs 20 a dozen. He spent Rs 500 for transportation. He sold each orange at Re 2. What is his gain or loss %?

a)1% gain  b)1% loss          c)4% gain   d)4% loss

9. Raju bought a piece of cloth for Rs  950 and spent Rs  300 on designing it. At what price should he sell it to make 30% profit ?

a)Rs 1550  b)Rs 1575         c)Rs 1625        d)Rs 1650

10. A shopkeeper purchased 245 articles at Rs 30 per article. He spent Rs980 on transport and Rs 1470 on packing the articles. He sold the articles at the rate of Rs 50 per article. What is the profit% he earned?

a) 20%      b)22.5%            c)25%             d)28%

11.  The cost price of 12 pens and 6 pencils is Rs 168. What will be the cost price of18 pens and 9 pencils ?

a)Rs 206    b)Rs 252          c)Rs 250            d)Rs  260

12.   An article is bought for Rs. 35000 and sold at a profit of 14 2/7 %. Find the selling price?

a)40000   b)42000            c)45000             d)50000

13. The cost price of a camera is 6400 and sold at a loss of     6 ¼ %. What is the selling price?

a)6200       b)6100              c)6000             d)5500

14.  Mani mixes 15 kgs of sugar purchased at the rate of Rs 8.00 per kg with 25 kgs of sugar purchased at the rate of Rs 10.00 per kg. At what rate per kg. Should Mani sell the mixture to get a profit of Rs 3 per kg?

a)Rs  10.30  b)Rs 11.00  c)Rs12.00      d)Rs  12.25

15.  Ravi bought 120 rims of paper at Rs 80 per rim. He paid octroi at the rate of 40 paisa per rim and paid RS 72 to the coolie and spent Rs 280 on transportation. What should be selling price per rim to get a gain of 8%?

a)Rs 85      b)Rs88            c)Rs 90              d)Rs.95

16.   A loss of 5% was suffered by selling a product for Rs.4750.The cost price of the product was

a)4200       b)4800              c)4900              d)5000

17. A shop charges his customer 22% more than the cost price. If a customer pays Rs.10,980 for a TV, then what was the cost price of TV?

a)RS 8000  b)Rs 8800         c)Rs 9000        d)Rs 9200

18.  A profit of 12 ½ % obtained by selling a product for Rs.10800.Find the cost price.

a)9600     b)10000            c)10200             d)10500

19. The difference between the selling price and cost price of an article is Rs 210. If the profit % is 25, then the selling price of the article is

a)Rs 950    b)Rs 1050        c)Rs 840            d)Rs 1250

20. A merchant sold some articles at Rs 350 per each article and gained 40% on it. What would be the selling price of each article to get a gain of 60% ?

a)375              b)390          c)400               d)450   

21. A merchant loses 7% by selling an item for Rs 3100.For how much should he sell each item so at to gain 5%?

a)Rs 4000       b)Rs 3500   c)Rs 3200          d)Rs 3800

22. If an article is successively sold at profit of 10% and 17% , difference in two selling prices is Rs 28. What is the cost price of the article?

a)Rs 300    b)Rs 400          c)Rs 500            c)Rs 600

23. A shop charges their customers 15% more than the cost price, If a customer paid Rs 9039  for a sofa set , then find the cost price of the sofa set ?

a)Rs 7660  b)Rs 7680          c)Rs 7860        d)Rs 7880

24. Raju purchased an item for Rs 4500 and sold it at the gain of 15%.From that amount, he purchased another item and  sold it at the loss of 10%.What is his net gain or loss?

a)Rs 152.50 gain                b)Rs 157.50 gain

c)Rs 165 loss                      d) No gain , no loss

25. A purchases an article for Rs 46000 and sold at a loss of 12%.With that amount, he purchased another article and sold it at a gain of 12%. Find his total profit or loss?

a)Rs 662.40 loss              b)Rs 662.40 profit         

c)Rs 642.80 loss                 d) Rs 642.80 profit

26. A bought an article sold it to B at 20% profit and B sold it to C at 30% loss. If C paid 21000, for how many rupees did A buy it?

a)20000     b)22000            c)25000           d)30000 

27. A bought  a ring and sold it to B at 15% profit , B sold it to C at 33 1/3 % profit and C sold it to D at 30% profit. If D paid Rs 1, 19,600 .Find the cost price to A ?

a)400000   b)60000           c)800000           d)100000.

28. A sells an item at 20% profit to B. B sells it to C at 10% profit. C sells it to D at Rs 116 profit. Difference between the cost price of D and cost price of A was Rs 500. How much did B pay to A for the item?

a)Rs 1240     b)Rs 1250       c)Rs 1440        d)Rs 1450

29. The profit obtained by selling an article for Rs 560 is same as loss obtained by selling it for Rs 420. Find its cost price?

a) 400       b) 460               c) 490              d) 500

30. The profit earned after seling an article for 1460 is 3 times the loss incurred after selling the for Rs 500.Find the cost price of the article?

a)600          b)800                c)1080              d)740

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