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- Question
- A person buys a watch for ? 500 and sells it for ? 300. Find his loss per cent.
Options- A. 30%
- B. 40%
- C. 35%
- D. 45%
- Correct Answer
- 40%
ExplanationGiven that CP = ? 500 and SP = ? 300
Loss = CP - SP = 500 - 300 = ? 200
? Loss % = (Loss/CP) x 100%
= (200/500) x 100% = 40 % - 1. A person buys a book for ? 200 and sells it for ? 225. What will be his gain percent?
Options- A. 13%
- B. 14%
- C. 18.4%
- D. 12.5% Discuss
- 2. There would be 10% loss if rice is sold at Rs. 5.40 per kg. At what price per kg should it be sold to earn a profit of 20%?
Options- A. Rs. 7.20
- B. Rs. 7.02
- C. Rs. 6.648
- D. Rs. 6 Discuss
- 3. A man purchases an electric heater whose printed price is Rs. 160. If he received two successive discounts of 20% and 10% he paid?
Options- A. Rs. 112
- B. Rs. 129.60
- C. Rs. 119.60
- D. Rs. 115.20 Discuss
- 4. By selling an article for Rs. 144, a man gained such that the percentage gain equal the cost price. The C.P. of the article is?
Options- A. Rs. 60
- B. Rs. 64
- C. Rs. 72
- D. Rs. 80 Discuss
- 5. A dealer marks his goods 20% above cost price. He then allows some discount on it and markets a profit of 8%. The rate of discount is?
Options- A. 12%
- B. 10%
- C. 6%
- D. 4% Discuss
- 6. A salesman expects a gain of 13% on his cost price. If in a month, his sale was ? 791000, what was his profit?
Options- A. ? 91000
- B. ? 97786
- C. ? 85659
- D. ? 88300 Discuss
- 7. A gold bracelet is sold for ? 14500 at a loss of 20%. What is the cost price of the gold bracelet?
Options- A. ? 18125
- B. ? 17400
- C. ? 15225
- D. ? 16800 Discuss
- 8. Find the SP when CP is ? 40 and gain is 25%.
Options- A. ? 50
- B. ? 45
- C. ? 60
- D. ? 49 Discuss
- 9. Anita purchased a bicycle at cost of ? 3200. She sold it at a loss of ? 240. At what price did she sell the bicycle?
Options- A. ? 2960
- B. ? 2690
- C. ? 3440
- D. ? 3360 Discuss
- 10. Find the CP when SP is ? 400 and loss is 70 %?
Options- A. ? 4000/3
- B. ? 5000/3
- C. ? 2000/3
- D. ? 7000/3 Discuss
Profit and Loss problems
Search Results
Correct Answer: 12.5%
Explanation:
Given that, CP = ? 200 and SP = ? 225
Profit = SP - CP = 225 - 200 = ? 25
? Gain% = [profit/CP] x 100%
= (25/200) x 100% = 12.5%
Correct Answer: Rs. 7.20
Explanation:
Let C.P. per kg be Rs. x then,
x - 10% of x = 5.40
? x = 6
? Required S.P. = Rs. [6 + 20% of 6] = Rs. 7.20
Correct Answer: Rs. 115.20
Explanation:
Price after 1 st discount = 80% of Rs. 160 = Rs. 128
Price after 2nd discount = 90% of Rs. 128 = Rs. 115.20
Correct Answer: Rs. 80
Explanation:
Let the cost price of article be P.
So from question,
Selling price = P + P%
? 144 = P + (P x P)/100
? 144 x 100 = 100P + P2
? P2 + 100P - 14400 = 0
? (P - 80)(P +180) = 0
? P = 80
Correct Answer: 10%
Explanation:
Let C.P. = Rs. 100
? Marked price = Rs. 120,
? S.P. = Rs. 108
? Rate of discount = (12/120) x 100% = 10%
Correct Answer: ? 91000
Explanation:
Given, total sale= ? 791000
? Cost price = (791000 x 100) /113 = ? 700000
? Required profit = 791000 - 700000 = ? 91000
Correct Answer: ? 18125
Explanation:
CP of bracelet = [100/(100 - Loss%)] x SP
= (100/80) x 14500
= ? 18125
Correct Answer: ? 50
Explanation:
SP = 125% of CP [? SP = {(100 + Gain%)/100} x CP]
= {125/100} x 40
= (5/4) x 40 = 5 x 10 = ? 50
Correct Answer: ? 2960
Explanation:
We know that
Loss = CP - SP
240 = 3200 - SP
? SP = 3200 - 240 = ? 2960
Correct Answer: ? 4000/3
Explanation:
CP = (100/30) x 400 = ? 4000/3
[? CP = {100/(100 - Loss%)} x SP]
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