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Arithmetic Ability
Profit And Loss
Quiz 10
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Q.1
One trader calculates the percentage of profit on the buying price and another calculates on the selling price. When their selling price are the same then the difference of their actual profits is Rs. 85 and both claim to have made 20% profit, what is the selling price of each ?
Rs. 1700
Rs. 2100
Rs. 2550
Rs. 2750
Q.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 = ?
Rs. 1202
Rs. 1190
Rs. 1160
Rs. 1000
Q.3
An article is sold at a profit of 20% . If the cost price is increased by 10% and the sale price by Rs. 26, then the percentage of profit reduces by 5% . Determine the cost price = ?
Rs. 300
Rs. 400
Rs. 500
Rs. 600
Q.4
A shopkeeper sells two watches for Rs. 308 each. On one he gets 12% profit and on the other 12% loss. His profit or loss in the entire transaction was -
Neither profit, nor loss
$$1\frac{{11}}{{25}}$$ % loss
$$1\frac{{11}}{{25}}$$ % profit
$$3\frac{2}{{25}}$$ % loss
Q.5
A man sells two flats at the rate of Rs. 1.995 lakhs each. On one he gains 5% and on the other, he loses 5% . His gain or loss percent in the whole transaction is -
0.25% loss
0.25% gain
2.5% loss
25% loss
Q.6
The list price of an article is Rs. 900. It is available at two successive discounts of 20% and 10% . The selling price of the article is = ?
Rs. 640
Rs. 648
Rs. 540
Rs. 548
Q.7
A man sells a book at a profit of 20% . If he had bought it at 20% less and sold it for Rs. 18 less, he would have gained 25% . The cost price of the book is = ?
Rs. 60
Rs. 70
Rs. 80
Rs. 90
Q.8
A bookseller sells a book at a profit of 10% . If he had bought it at 4% less and sold it for Rs. 6 more, he would have gained $$18\frac{3}{4}$$ %. The cost price of the book is -
Rs. 130
Rs. 140
Rs. 150
Rs. 160
Q.9
Shailja earns 15 percent on an investment but loses 10 percent on another investment. If the ratio of the two investments is 3 : 5, then the combined loss percent is -
$$\frac{5}{8}$$
$$\frac{8}{5}$$
$$\frac{4}{5}$$
$$\frac{5}{4}$$
Q.10
On selling an article for Rs. 651, there is a loss of 7%. The cost price of that article is = ?
Rs. 744
Rs. 751
Rs. 793
Rs. 700
Q.11
A dishonest grocer sells rice at a profit of 10% and uses weight which are 20% less than the marked weight. The total gain earned by him will be = ?
37.5%
32%
30.5%
35%
Q.12
A watch is sold at a profit of 20%. If both the cost price and the selling price of the watch are decreased by Rs. 100, the profit would be 5% more. Original cost price of the watch is -
Rs. 450
Rs. 500
Rs. 550
Rs. 600
Q.13
A sells a suitcase to B at 10% profit. If B pays Rs. 2860 for it, then the price of which A bought is = ?
Rs. 1000
Rs. 1600
Rs. 2600
Rs. 2500
Q.14
By selling an article at $$\frac{2}{3}$$ of the marked price, there is a loss of 10% . The profit percent, when the article is sold at the marked price, is -
20%
30%
35%
40%
Q.15
Raghavan purchase a scooter at $$\frac{13}{15}$$ of its selling price and sold it at 12% more than its selling price. His gain is -
20%
$$29\frac{3}{{13}}$$%
30%
$$38\frac{1}{{13}}$$%
Q.16
A reduction of 20% in the price of salt enabled a purchaser to obtain 4 kg, more for Rs. 100. The reduced price of salt per kg. is = ?
Rs. 4/kg.
Rs. 5/kg.
Rs. 6.25/kg.
Rs. 6.50/kg.
Q.17
A sells a cycle to B at a profit of 20% and B sells it to C at a loss of 25% . If C bought the cycle for Rs. P, then the cost price of it for A was = ?
$${\text{Rs}}{\text{.}}\,\frac{1}{{20}}{\text{P}}$$
$${\text{Rs}}{\text{.}}\,\frac{9}{{20}}{\text{P}}$$
$${\text{Rs}}{\text{.}}\,\frac{9}{{10}}{\text{P}}$$
$${\text{Rs}}{\text{.}}\,\frac{{10}}{9}{\text{P}}$$
Q.18
An increase of Rs. 3 in the selling price of an article turns a loss of $$7\frac{1}{2}$$% into a gain of $$7\frac{1}{2}$$%. The cost price in (Rs.) of the article is -
10
15
20
25
Q.19
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 = ?
Rs. 110
Rs. 125
Rs. 120
Rs. 150
Q.20
A house worth Rs. 150000 is sold by X at a 5% profit to Y, Y sells the house back to X at a 2% loss. Then find profit and loss in the entire transaction = ?
X gains Rs. 4150
X loses Rs. 4150
X gains Rs. 3150
X loses Rs. 3150
Q.21
A shopkeeper sells an article at $$12\frac{1}{2}$$% loss. If he sells it for Rs. 92.50 more than he gains 6% . What is the cost price of the article ?
Rs. 500
Rs. 510
Rs. 575
Rs. 600
Q.22
A sells a cycle to B at a profit of 10% , B sells to C at a profit of 20% . If C pays Rs. 264 for it, how much did A pay for it ?
Rs. 200
Rs. 220
Rs. 225
Rs. 234
Q.23
A sold a tape - recorder to B for Rs. 4860 at a loss of 19% . Again B sold it to C at price that would give A a profit of 17% . The gain of B is = ?
$$22\frac{2}{9}\% $$
$$33\frac{1}{3}\% $$
$$44\frac{4}{9}\% $$
$$66\frac{2}{3}\% $$
Q.24
A manufacturer sells an article to a wholesale dealer at a profit of 10% . The wholesale dealer sells it to a shopkeeper at 20% profit. The shop - keeper sells it to a customer for Rs. 56100 at a loss of 15% . Then the cost price of the article to the manufacturer is = ?
Rs. 25000
Rs. 10000
Rs. 50000
Rs. 55000
Q.25
A dishonest fruit vendor sells his goods at cost price but they uses a weight of 900 gm. for the 1 kg. weight. His gain percent is = ?
12%
$$11\frac{1}{9}$$%
$$10\frac{1}{9}$$%
10%
Q.26
A trader marked the price of his commodity so as to include a profit of 25%. He allowed discount of 16% on the marked price. His actual profit was -
5%
9%
16%
25%
Q.27
The cost price of a radio is Rs. 600. The 5% of the cost price is charged towards transportation. After adding that, if the net profit to be made is 15%, then the selling price of the radio must be = ?
Rs. 704.50
Rs. 724.50
Rs. 664.50
Rs. 684.50
Q.28
Raman bought a camera and paid 20% less than its original price. He sold it at 40% profit on the price he had paid. The percentage of profit earned by Raman on the original price was -
12%
15%
22%
32%
Q.29
A cloth merchant sold half of his cloth at 40% profit, half of remaining at 40% loss and the rest was sold at the cost price. In the total transaction his gain or loss will be = ?
20% gain
25% loss
10% gain
15% loss
Q.30
A shopkeeper sold an article offering a discount of 5% and earned a profit of 23.5% . What would have been the percentage of profit earned if no discount was offered ?
24.5%
28.5%
30%
Data inadequate
None of these
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