Profit and Loss

Topic/Course
Sub-Topic (Example: name of college)
 Question 1
A man invested Rs. 8000 for a year in the share market. At the
end of the year, he gained 15% and he invested the amount with
profit again for the second year. At the end of the second year, he
suffered a loss of 15%. Find the gain or loss per cent in the
investment after two years.

A) Gain 3.25%
B) Loss 2.25%
C) No loss no gain
D) Loss 5%
 Question 2
By selling an article at 80% of its marked price, Meera makes a
loss of 12%. What will be the percent profit or loss made by the
Meera if she sells the article at 95% of its marked price?

A) 5.5% profit
B) 1% loss
C) 5% profit
D) 4.5% profit
 Question 3
Instead of a meter scale, a cloth merchant uses a 120 cm scale
while buying, but uses an 80 cm scale while selling the same cloth.
If he offers a discount of 20% on cash payment, what is his overall
profit percentage?

A) 20%
B) 10%
C) 12%
D) 10/3 %
 Question 4
Maya buys some candies for Rs 15 a dozen and an equal number
of different candies for Rs 12 a dozen. She sells all for Rs 16.50 a
dozen and makes a profit of Rs 150. How many dozens of candies
did she buy altogether?

A) 50
B) 30
C) 25
D) 45
 Question 5
The manufacturer of a table sells it to a wholesale dealer at a profit of
10%. The wholesale dealer sells the table to a retailer at a profit of
30%. Finally, the retailer sells it to a customer at a profit of 50%. If the
customer pays Rs 4290 for the table, then its manufacturing cost (in
Rs) is

A) 1500
B) 2000
C) 2500
D) 3000
 Question 6
A seller calculated his intended selling price at 6% profit on the
cost of a product. However owing to some mistake while selling,
the units and tens digits of the selling price got interchanged. This
reduced the profit by Rs. 9 and profit percentage 2.4%. What is the
cost price of the product?

A) Rs.240
B) Rs.250
C) Rs.400
D) Rs.480
 Question 7
If Fatima sells 60 identical toys at a 40% discount on the printed
price, then she makes 20% profit. Ten of these toys are destroyed
in fire. While selling the rest, how much discount should be given
on the printed price so that she can make the same amount of
profit?

A) 30%

B) 25%
C) 24%

D) 28%
 Question 8
In a market, the price of medium quality mangoes is half that of
good mangoes. A shopkeeper buys 80 kg good mangoes and 40 kg
medium quality mangoes from the market and then sells all these
at a common price which is 10% less than the price at which he
bought the good ones. His overall profit is

A) 6%
B) 8%
C) 10%
D) 12%
 Question 9
If a seller gives a discount of 15% on retail price, she still makes a profit of
2%. Which of the following ensures that she makes a profit of 20%?

A) Give a discount of 5% on retail price

B) Give a discount of 2% on retail price

D) Sell at retail price

A) 12%

B) 12.5%
C) 15%
D) 13%
 Question 11
A dishonest dealer pretends to sell at the cost price, but earns a
profit of 25% by under weighing. What weight must he be using for
1 kg?

A) 900
B) 700
C) 800
D) 750
 Question 12
By what percent should the cost price of an article be marked up
such that even after allowing a discount of 50%, a profit of 50% is
made?

A) 300% of C.P
B) 250% of C.P
C) 220% of C.P
D) 275% of C.P
 Question 13
I buy two horses, A and B. A costs Rs. 50 more than B. I sell A at a
profit of 16% and B at a profit of 7%. My total gain is Rs. 100. What
was the original price of B?

A) Rs. 450
B) Rs. 400
C) Rs. 500
D) Rs. 550
 Question 14
A boy buys bicycle worth Rs. 200 from a shop. The boy gives Rs.
1000 note to the shopkeeper. The shopkeeper gets the change
from the next shop and keeps Rs. 200 for himself and returns Rs.
800 to the boy. Later the shopkeeper of the next shop comes with
the Rs. 1000 note saying “the note you gave was a duplicate one"
and takes his money back. How much loss did the bicycle
shopkeeper face?
A) 2000
B) 800
C) 1000
D) 1200
 Question 15
If on an item a company gives 25% discount, they earn 25% profit.
If they now give 10% discount then what is the profit percentage?

A) 40%
B) 55%
C) 35%
D) 50%
THANK YOU