Profit and Loss

1. A shopkeeper sells an article for Rs. 200 with a loss of Rs. 20 %. Find the cost price of the
article.
A. 220 B. 250 C. 280 D. 260

2. A trader expects a gain of 15 % on his cost price. If in a week his sale is of Rs. 580, then
what is his profit?
A. 75.65 B. 73.26 C. 72.50 D. 70.78

3. If a boy sells a book for Rs. 450 he gets a loss of 10 %, then find cost price. To gain 10 %,
what should be the selling price?
A. 400, 500
B. 550, 600
C. 500, 550
D. 475, 525

4. A merchant sells 30 metres of cloth and gains selling price of 10 metres. Find the gain
percent.
A. 15 % B. 25 % C. 50 % D. 75%

5. S.P. of 10 candles is same as C.P. of 12 candles. Find the gain percent.

A. 11 % B. 15 % C. 20 % D. 25 %

6. The selling price of 40 apples is equal to cost price of 35 apples. Find the profit or loss
obtained.
A. Gain of 5.5 %
B. Gain of 12.5 %
C. Loss of 5.5 %
D. Loss of 12.5 %

7. A man purchased two plots for Rs. 5,00,000. On one he gains 15 % while on the other he
losses 15%. Find how much does he gain or lose in the transaction.
A. 1.5 % B. 2 % C. 2.25 % D. 2.50 %

8. A boy bought camel and carriage for Rs. 5000. He sells the camel at a gain of 20% and the
carriage at a loss of 10%. If he gains 3% on the whole, then find the cost of the camel.
A. 2170 B. 2400 C. 2315 D. 2600

9. A man sells one camera A for Rs. 7500 at a gain of 20% and another camera B for Rs. 8550
at a loss of 5 %. Find his total loss or gain%.
A. 2.7 % B. 5.2 % C. 4.2 % D. 5.1 %

10. After two successive discounts, a tie with a list price of Rs. 120 is available at Rs. 90. If
second discount is 9 %, what is the first discount?
A. 15.23 % B. 13.26 % C. 17.58 % D. 18.53 %

11. Find the single discount equivalent to a series discount of 30 %, 20 % and 10 %.

A. 48.3 % B. 49.6 % C. 38.21 % D. 33.33 %

12. A dealer marks price of all the goods at 30 % above the cost price and assumes that he
will make a profit of 15 % if he offers a discount of 15%. Find what will be his actual profit
on sales?
A. 15 % B. 30 % C. 12.50 % D. 10.50 %

13. A manufacturer sells a pair shoes to a wholesale dealer at a profit of 20 %. Wholesaler

sells them to retailer at a profit of 25 %. The shoes are again sold to the customer for Rs.
50.50, thereby earning a profit of 30 %. Find the cost price of manufacturer.
A. Rs. 20.36 B. Rs. 22.90 C. Rs. 25.89 D. Rs. 30.50

14. A shopkeeper sells his goods at cost price but uses a weight of 970 grams for a kg. weight.
What is his gain percent?
A. 5.08 % B. 4.23 % C. 3.26 % D. 3.09 %

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15. A dealer sells his goods at cost price. If by using false weights he gains 423 %, then find
the weight he uses for 1 kg.
A. 968.53 gm B. 992.56 gm C. 958.34 gm D. 950.50 gm

16. A dishonest shopkeeper sells his grocery using weights 10 % less than true weights and
makes a profit of 30 %. Find his total gain percentage.
A. 49.4 % B. 44.44 % C. 55.55 % D. 39.88 %

17. The cost price of 15 articles is the same as the selling price of x articles. If the profit is
25%, find the value of x.
A. 16 B. 10 C. 12 D. 25

18. If selling price is doubled, the profit becomes 4 times. What is the profit percent?
A. 100% B. 70% C. 50% D. None of these

19. Some articles were bought at 7 articles for Rs. 5 and sold at 5 articles for Rs. 7. Gain
percent is:
A. 90% B. 92% C. 96% D. None of these
20. On selling 18 balls at Rs. 720, there is a loss equal to the cost price of 6 balls. The cost
price of a ball is (in Rs.):
A. 45 B. 60 C. 80 D. 75

21. When a plot is sold for Rs. 17000, the owner loses 15%. At what price must that plot be
sold in order to gain 15%?
A. Rs. 23000 B. Rs. 21000 C. Rs. 22500 D. None of these

22. 70 oranges are bought at the rate of Rs. 350 and sold at the rate of Rs. 60 per dozen. The
percentage of profit or loss is:
A. 25% profit B. 20% loss C. 20% profit D. Neither profit nor loss

23. A man buys both transistor for Rs. 840 each. Later, he sells both transistor and on one, he
gets a gain of 20% and on another he gets a loss of 20%. His total gain or loss percent is:
A. 4% profit B. 4% loss C. 20% profit D. Neither profit nor loss

24. If the manufacturer gains 10 %, the wholesale dealer 20 % and the retailer 25 %, then find
the cost of production of a table if the retail price was Rs 4950.
A. Rs. 5960 B. Rs. 4950 C. Rs. 5250 D. None of these

25. A milk man has 24 liters of milk. If he mixes 8 liters of water, which is freely available, in
24 liters of pure milk. If the cost of pure milk is Rs.18 per liter, then the profit percentage of
the milkman, when he sells all the mixture at cost price is:
A. 25% B. 32% C. 33.3% D. None of these

26. If goods be purchased for Rs.750 and 1/3 is sold at a loss of 20%. At what gain % should
the remainder is sold to has to gain 20% on the whole transaction?
A. 25% B. 32% C. 40% D. None of these

34. A shopkeeper who deals in books sold a book at 12% loss. Had she charged an additional
Rs.60 while selling it, her profit would have been 8%. Find the cost price, in rupees, of the
book?
A. Rs. 302 B. Rs. 300 C. Rs. 392 D. None of these

35. An item is sold at a loss of 10%. Had it sold for Rs. 36 more, a profit of 25/2% would
have gained. What is the cost price of the item?
A. Rs. 160 B. Rs. 150 C. Rs. 105 D. None of these

36. Shreya bought a plot for Rs. 6,00,000, then sold half of the plot at 15 % profit and rest at
20% profit. What is the total profit % that Shreya gain?
A. 25% B. 32% C. 17.5% D. None of these
37. A person sold his pen for Rs 56 and his profit percentage was numerically equal to the
cost price. What was the cost price (in Rs) of the pen?
A. 40% B. 32% C. 17.5% D. None of these

38. A' sold an article to 'B' at a profit of 20%. 'B' sold the same article to 'C' at a loss of 25%
and 'C' sold the same article to 'D' at a profit of 40%. If 'D' paid Rs 126 for the article, then
find how much did 'A' pay for it?
A. Rs. 100 B. Rs. 110 C. Rs. 115 D. None of these

39. A shopkeeper sells one-third of his goods at a profit of 8%, another one-third at a profit of
15%, and the rest at a loss of 3%. What is his overall profit percentage?
A. 5% B. 2% C. 6% D. None of these

40. A man bought an article and sold it at a gain of 5 %. If he had bought it at 10% less and
sold it for Rs.15 less, he would have made a profit of 20%. The C.P. of the article was
A. Rs. 500 B. Rs. 510 C. Rs. 515 D. None of these

41. The profit earned by selling an article for Rs. 832 is equal to the loss incurred when the
same article is sold for Rs. 448. What should be the sale price for making 25% profit?
A. Rs. 800 B. Rs. 810 C. Rs. 815 D. None of these

42. The cash difference between the selling prices of an article at a profit of 5% and 10% is
Rs 5. The ratio of two selling prices is:
A. 31:32 B. 51:52 C. 21:22 D. None of these

43. A sweet seller sells 3/5th part of sweets at a profit of 10% and remaining at a loss of 5%.
If the total profit is Rs 60, then what is the total cost price of sweets?
A. Rs. 1500 B. Rs. 1810 C. Rs. 1815 D. None of these

44. A shopkeeper sold a radio for Rs. 1200. Had he offered discount of 1% on the selling
price, there would be a loss of 10%. What is the cost price of that Mobile phone?
A. Rs. 1320 B. Rs. 1250 C. Rs. 1350 D. None of these

45. A trader marked the price of the T.V. 50% above the cost price of the T.V. and gave the
purchaser 20% discount on the marked price, thereby gaining Rs.240. Find the cost price of
the T.V?
A. Rs. 1200 B. Rs. 1250 C. Rs. 1050 D. None of these

46. If 50% discount is offered on the marked price and selling price becomes equal to cost
price then what was the % mark up?
A. 125% B. 120% C. 100% D. None of these
47. A shopkeeper sells a table at a discount of 30% and earns a profit of 40%. If he sells the
same table at 20% discount, then what will be his new profit percent?
A. 65% B. 62% C. 60% D. None of these

48. A shopkeeper cheats to the extent of 20% while buying and selling, by using false
weights. His total gain is:
A. 44% B. 42% C. 37.5% D. None of these

49. A retailer buys product from a shopkeeper at discount of 30% on the list price (marked
price) and sells them to the customer at a discount of 14% on the list price. What is his profit
percentage?
A. 16.66% B. 20% C. 17.5% D. None of these

50. A wholesale dealer allows a discount of 20 % on the marked price to the retailer. The
retailer sells at 8% below the marked price. If the customer pays Rs.23 for an article, what
profit is made by the retailer on it?
A. Rs.5 B. Rs.2 C. Rs. 3 D. None of these

51. Sambhu buys rice at Rs. 10/kg and puts a price tag on it so as to earn a profit of 10%.
However, his faulty balance shows 1000 gm when it is actually 800 gm. What is his actual
gain percentage?
A. 16.66% B. 30% C. 37.5% D. None of these

52. A shopkeeper gives 20% discount on the marked price of a book. He provides 1 pair of
books free with the sale of 9 pair of books. In the whole transaction, he gets profit of 20%.
Find the percentage increase in marked price from the cost price.
A. 66.66% B. 60% C. 67.5% D. None of these

53. A shopkeeper purchased a pen drive of marked price Rs. 1000 at successive discounts of
10% & 15% respectively. He spent Rs. 35 on packaging and sold it on Rs. 960. Calculate the
Gain percent.
A. 50% B. 20% C. 25% D. None of these

54. A man professes to lose 15% on rice and uses a weight of 850 gm instead of 1 kg. What is
the total profit or loss percentage?
A. 4.5% profit B. 4.5% loss C. 20% profit D. Neither profit
nor loss

55. The marked price of a table is 60% more than its cost price. What discount percentage
should be offered by the shopkeeper to sell his table at no profit or no loss?
A. 35% B. 32% C. 37.5% D. None of these