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Arithmetic – Profit & Loss
Q.1. What is the profit/loss incurred when a shopkeeper marks his goods 20% above the cost price and then allows a discount of 20% on the market price?
2% loss
3% profit
4% loss
2% profit
0%
Q.2. A shopkeeper sold an article at a loss of 8%. Had he sold it for Rs. 540 more, he would have made a profit of 10%. What is the cost price of the article?
Rs. 1,800
Rs. 2,000
Rs. 2,500
Rs.3,000
Rs. 3,600
Q.3. If a selling price of Rs. 2,500 results in a 20% discount off the marked price, what selling price (in Rs.) would result in a 40% discount off the marked price?
1875
2000
2025
2075
1975
Q.4. 100 oranges are bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. The percentage of profit or loss is:
(100/7)% gain
15% gain
(100/7)% loss
15% loss
None
Q.5. The marked price of a gift article is Rs. 2,750. The shopkeeper allows successive discounts of 10%,5% and 4%. At what price does a person buy it?
Rs. 2,732.08
Rs. 2.527.2
Rs. 2,720.8
Rs. 2,257.2
Rs. 2,351.25
Q.6. Amit sold a bike to sumit at 20% profit. Sumit spent Rs.1,000 to get it painted and sold it to Rohit at 10% profit. If Rohit paid Rs. 15,000 to Sumit for the bike, how much did Amit pay for the bike?
Rs. 10,350
Rs. 10,000
Rs. 10,530
Rs. 10,050
Rs. 10,005
Q.7. A cloth merchant marked his shirts at 30% above the cost price. He sold 60 shirts at a discount of 15% and the remaining 110 at a 35% discount, thereby losing Rs.6,665. What was the marked price of each shirt?
Rs. 637
Rs. 780
Rs. 806
Rs. 715
Rs. 620
Q.8. A shopkeeper bought some articles from a trader at a rate of Rs. 900 per article. He kept a 20% margin on one-fourth of the articles, a 25% margin on one-third of the remaining and a 30% margin on the rest. However, in a sale, he sold all the articles at a 50% discount. What was his profit/loss percentage?
40.26% loss
33.51% profit
36.88% loss
30.45% loss
43.52% profit
Q.9. If we increase C.P. by 20% and keep the S.P.constant, the profit percentage decreases by 25 percentage points. What is the original profit percentage?
40
30
60
50
None of these
Q.10. Raju makes a profit of 8% when he offers two successive discounts of 10% on a particular product. If the total discount offered is Rs. 190, what the cost price of the product?
Rs. 2,000
Rs. 1,500
Rs. 750
Rs. 900
Rs. 800
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