CampusMonk Live Class Sheet:

Profit and Loss

Day-wise
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.? _______

12.A man buys a certain number of oranges at 20 for Rs. 60 and an equal number at 30 for
Rs. 60. He mixes them and sells them at 25 for Rs. 60. What is the gain or loss percent?

____________
13.A man buys a certain number of oranges at 5 for a rupee and an equal number at 3 for a
rupee . He mixes them and sells them at 4 for a rupee . What is the gain or loss percent?

Quick Revision:
1. A man sells a car for Rs. 4484 and buys it at a profit of 33.33%. What is the cost
price of the car?
__________
2. A man buys a cycle for Rs. 1400 and sells it at a loss of 15%. What is the selling price
of the cycle?
A.Rs. 1090
B.Rs. 1160
C.Rs. 1190
D.Rs. 1202

3. A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of
Rs. 392, what was his profit?
A.Rs. 18.20
B.Rs. 70
C.Rs. 72
D.Rs. 88.25
4. Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells
the scooter for Rs. 5800, his gain percent is:
________

5. Some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6. Gain
percent is:
______

Type 4:

1. 1.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..

2. 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

3. 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
____________

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

Type 5:
1. 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

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

3. Praveen sold an article for Rs.1170 at the profit of 30%. What should be the selling point if the
desired profit is 40%?

4. When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in
order to gain 15%?
A.Rs. 21,000
B.Rs. 22,500
C.Rs. 25,300
D.Rs. 25,800

Type 6:
1. 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%

2. 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?
e? a. -1% b. -2% c. -3% d. -4%

Type 7:

1. I sold a book at a profit of 12 percent had I sold it for Rs.18 more then 18percent
would have been gained find the CP

2. A man sold a horse at a loss of 7 %. Had he been able to sell it at gain of 9 %, it would
have fetched Rs. 64 more than it did. What was the cost price?

Type 8:

1. The profit earned by selling an article for Rs832 is equal to the loss incurred when the
same article is sold for Rs 448.What should be the sale price of the article for making
50percent profit?
 2. The profit earned by selling an article for Rs482 is equal to the loss incurred when the
same article is sold for Rs 318.What should be the selling price of the article for
making 30percent profit?

3. The percentage profit earned by selling an article for Rs. 1920 is equal to the
percentage loss incurred by selling the same article for Rs. 1280. At what price should
the article be sold to make 25% profit?

a. Rs. 2000
b. Rs. 2200
c. Rs. 2400
d. Data inadequate
4. 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

5. 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%

Type 9:
1. A person bought two watches for Rs.480. He sold one at a loss of 15% and the other
at a gain of 19% and he found that each watch was sold at the same price. Find the cost
price of the two watches.

2. Sum of CP’s of two cows is Rs. 39, 000. Both the cows are sold at a profit of 20%
and 40% respectively with their SP’s being the same. What is the difference of CP’s
of both the cows?
1) Rs. 3,000 2) Rs. 2, 000
3) Rs. 1, 500 4) Rs. 2, 500 5) None of these

Type 10:
Q1: A milkman buys two cows for Rs. 3000. He sells first cow at a profit of 22% and the
second cow at a loss of 8%. What is the CP of second cow if in the whole transaction there is
no profit no loss?