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Profit and Loss Questions Answers
The C.P. of 10 pens is equal to the selling price of 9 pens. Find the profit percent.
10%
4%
On every 9 pens, there is a gain of one pen, so gain
A shopkeeper marked his price for Rs. 150. He pays a customer 10% discount and second discount 5%. What does he get?
Rs. 118.5
Rs. 128.25
Rs. 122.5
Rs. 123
Rs. 128.25
Price after first discount
= 90% of Rs. 150 = Rs. 135
Price after second discount
= Rs. 135 - 5% of Rs. 135 = Rs. 128.25
A man who makes a profit of 25 p.c. by selling tea at Rs. 4.25 a kg lowers his price so as to gain only 17 P per kg. In what ratio must his sales increase so that the profit may be the same as before?
80 times
5 times
4 times
3 times
5 times
125% C.P. = Rs. 4.25
C.P. of tea per kg =
Gain on 1 kg = 85 P.
Quantity of tea sold to recover 85 P when gain is 17 P per kg = 85 + 17 = 5 kg
A person bought 80 kg of sugar for Rs. 88 and was obliged to sell it at loss of as much money as person received for 20 kg. At what price did person buy the sugar?
80 P
84 P
88 P
92 P
88 P
S. P. of 80 kg = C.P. of 80 kg − S.P. of 20 kg
S.P. of 100 kg = Rs. 88
S.P. of 1 kg = 88 P.
A reduction of 20% in the price of tea enables a man to obtain 4kg more for Rs. 80. What is the reduced price for Kilo?
Rs. 20
Rs. 5
Rs. 10
Rs. 4
Rs. 4
Reduced price of 4kg = 20% of Rs. 80 = Rs. 16
Reduced price per kg = Rs. 4
A man buys an article of Rs. 80 and marks it at Rs. 120. He then allows a discount of 40%. What is the percentage of loss or gain?
12% loss
12% gain
10% loss
10% gain
10% loss
S.P. of the article = 60% of Rs. 120 = Rs. 72
Difference = Rs. 80 - Rs. 72 = 8
5 mangoes and 4 oranges cost as much as 3 mangoes and 7 oranges. The ratio of cost of one mango to the cost of one orange is
2 : 3
3 : 2
1 : 3
4 : 3
3 : 2
5 mangoes + 4 oranges = 3 mangoes + 7 oranges
2 mangoes = 3 oranges 3 : 2
Ram sold two bicycles, each for Rs. 990. If he made 10% profit on the first and 10% loss on the second, what is the total cost price?
Rs. 1500
Rs. 1700
Rs. 2000
Rs. 2300
Rs. 2000
S. P. of both = 2 990 = 1980
Since in such situation there is always 1% loss.
99% of C.P. = Rs. 1980
C.P. = Rs. 2000
What profit percent is made by selling an article at a certain price, if by selling it at half price there would be a loss at the rate of ?
50%
40%
75%
29%
75%
Article should sold at 75% profit
The cost price of 10 articles is equal to the selling price of 9 articles. The profit/loss percent is
Suppose C.P. of 10 articles = Rs. 10
S.P. of 9 articles = Rs. 10