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Day 01 Class Solution Sheet

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23 views6 pages

Day 01 Class Solution Sheet

Uploaded by

prathammishra230
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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CampusMonk Live Class Sheet:

Profit and Loss


Day 01
PYQ- Questions of the day
1. On selling an article for 246.80, then gain is 20% more than the amount
of loss incurred on selling it for 216. If the article is sold for 320.75, then
what is the percentage (correct to one decimal place) profit/loss?
TCS NQT2024
a. Loss of 35.9% b. Profit of 39.5%
c. Profit of 27.8% d. Loss of 28.7%

2. A person sold an article at Rs.1840 and profit incurred will be 12.5%


more than and the loss incurred when article is sold at Rs.1500. At what
price it should sell to get 20% profit. TCS NQT

3. Anna sold his car Boney at a profit of 20% and Boney sold it to Chakori at a profit
of 10%. Chakori sold it to mechanic at a loss of 9.09%. Mechanic spent 10% of his
purchasing price and then sold it at a profit of 8.33% to Anna once again. what is
the loss of Anna?

a. 23% b. 43% c. 50% d. 40%


Warm Up – Set
Question 1:
A person sells 5 cows, 1st at a profit of 6%, 2nd at 2% loss, 3rd sold on 12%
profit, 4th on 8% profit, what he should sell 5th cow to gain overall 10%
profit?( Cp of all cows are same)
TITA
Concept:
Increase a certain number by 20%? Increase a certain number by 33.33%?

Type 1:

1. A man buys a cycle for Rs.1400 and sells it at a loss of 15%. What is the selling price of the cycle?
________

2. On selling an article for Rs.651, there is a loss of 7%. The cost price of that article is a. __________

3. On selling an article for Rs.960, there is a loss of 4%. The cost price of that article is __________
Q4. The percentage profit on Pista is 5%. What will be its selling price?
(a) 1000 (b) 1250
(c) 1260 (d) 1200 (e) 1160
Q.6 The selling price of Groundnut is what percent of the cost price of Prune?
(a) 200% (b) 250%
(c) 280% (d) 255% (e) 240%
Q.7 What is the difference between the selling price of Raisins and that of Groundnut?
(a) 4098 (b) 4100
(c) 4000 (d) 4198 (e) 3998

Type 2:
Concept of percentage Change:

4. A retailer buys a radio for 225 Rs. His overhead expenses are 15 Rs. He sells the radio for 300 Rs.
The profit per cent of the retailer is : ______________

5. If the cost price of 15 tables be equal to the selling price of 20 tables, the loss per cent is ________
6. The cost price of 18 articles is equal to the selling price of 15 articles. The gain per cent is :
_______

7. If the cost price of 50 oranges is equal to the selling price of 40 oranges, then the profit per cent is
_______

Type 3:
8. A person buys 8 oranges for Rs.15 and sells them at 10 for Rs.18. What does he gain or lose
percent? __________

9. A person buys 12 eggs for Rs.15 and sells them at 10 for Rs.14 what does he gain or lose per cent?
__________

10. A bought toffees at a rate of 15per rupee and sold them at the rate of 12 for a rupee. His gain
percent? _________

11. .A man purchases a certain number of apples at 3 per rupee and the same number of apples at 4 per
rupee. He mixes them together and sells them at 3 per rupee. What is his gain or loss per cent.?
_______

Type 4:

A sold some article to B at 12.5% profit B sold to C at 20%. Loss and C sold it to
D at 16.66% loss. If D bought it at Rs. 2700. Then find the cost of article for A.

12. Rahul sells a bicycle to Banu at a profit of 25%. Banu sells it to Sona at a profit of 20%. If sona
pays Rs.3000 for it, then the cost price of the bicycle for Rahul is a. 1000 b. 2000 c. 3000 d. 4000

13. Anna sold his car Boney at a profit of 20% and Boney sold it to Chakori at a profit of 10%. Chakori
sold it to mechanic at a loss of 9.09%. Mechanic spent 10% of his purchasing price and then sold it
at a profit of 8.33% to Anna once again. what is the loss of Anna?

a. 23% b. 43% c. 50% d. 40%

14. A sells a bicycle to B at a profit of 20%. B sells it to C at a profit of 25%. If C pays Rs 225 for it the
cost price of the bicycle for A is a. 100 b. 125 c. 150 d. 175.

Type 5:

15. By selling an article for Rs. 240, a man incurs a loss of 10%. At what price should he
sell it to make a profit of 20%?
A) Rs. 264 B) Rs. 268 C) Rs. 300 D) Rs. 320

16. By selling an article for Rs. 480 a person loses 20%. For what amount should he sell it to make a
profit of 20%?

17. By selling an article for $ 72, there is a loss of 10%. In order to gain 5%, its selling price should be

Type 6:
18. A man sold two bicycles at Rs.99 each. He sold one at a loss of 10% and other at a profit of 10%.
Find his profit or loss percentage? a. -1% b. -2% c. -3% d. -4%

19. A man sold two tyres at Rs.2400 each. He sold one at a loss of 20% and other at a profit of 20%.
Find his profit or loss percentage? a. -1% b. -2% c. -3% d. -4%

20. Successive discount of 10% and 20% are equivalent to a single discount of : a. 20% b. 28% c. 32%
d. 40%

21. Successive discount of 20% and 20% are equivalent to a single discount of : a. 10% b. 27% c. 36%
d. 40%

22. . Successive discount of 20, 30% and 10% are equivalent to a single discount of : a. 10% b. 28% c.
34% d. 49.6%
23.

24.

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