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Profit and Loss problems


  • 1. Mr. X sold two properties P1 and P2 for Rs 1,00,000 each. He sold property P1 for 20% less than what he paid for it. What is the percentage of profit of property P2, so that he is not in gain or loss on the sale of two properties?

  • Options
  • A. 33.33%
  • B. 29.97%
  • C. 25%
  • D. 22.22%
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  • 2. A trader marked the price of the T.V. 30% above the cost price of the T.V. and gave the purchaser 10% discount on the marked price, thereby gaining Rs.340. Find the cost price of the T.V ?

  • Options
  • A. Rs. 2000
  • B. Rs. 1600
  • C. Rs. 2200
  • D. Rs. 2100
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  • 3. A shop keeper sells an article at a loss of 8%, but when he increases the selling price of the article by Rs. 164 he earns a profit of 2.25% on the cost price. If he sells the same article at Rs. 1760, what is his profit percentage?

  • Options
  • A. 2.5%
  • B. 5%
  • C. 10%
  • D. 7.5%
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  • 4. If books bought at prices ranging from Rs 200 to Rs 350 are sold at prices ranging from Rs 300 to Rs 425, what is the greatest possibleprofit that might be made in selling eight books.

  • Options
  • A. 800
  • B. 1200
  • C. 1600
  • D. 1800
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  • 5. The market price of an article was 40% more than its cost price. Rana was going to sell it at market price to a customer, but he showed Rana some defects in the article, due to which Rana gave him a discount of 28.57%. Next day he came again and showed Rana some more defects, hence he gave him another discount that was equal to 12.5% of the cost price. What was the approximate profit/loss to Rana ?

  • Options
  • A. Loss of 12.5%
  • B. Profit of 12.5%
  • C. Loss of 24.5%
  • D. Profit of 22.5%
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  • 6. The marked price of an article is increased by 25% and the selling price is increased by 16.66%, then the amount of profit doubles. If the original marked price be Rs. 400 which is greater than the corresponding cost price by 33.33%, what is the increased selling price?

  • Options
  • A. Rs. 380
  • B. Rs. 420
  • C. Rs. 460
  • D. Rs. 440
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  • 7. Every year before the festive season, a brand store increases the price of the product by 42% and then introduce two successive discount of 10% and 11% respectively. What is percentage loss and percentage gain ?

  • Options
  • A. 3.25% loss
  • B. 13.742% loss
  • C. 3.25% gain
  • D. 13.742% gain
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  • 8. A supplier supplies cartridges to a news paper publishing house. He earns a profit of 25% by selling cartridges for Rs. 1540. Find the cost price of the Cartridges ?

  • Options
  • A. Rs. 1100
  • B. Rs. 1793.4
  • C. Rs. 1440
  • D. Rs. 1232
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  • 9. While selling a router, a shopkeeper gives a discount of 15%. If he gives a discount of 20%, he earns Rs. 51 less as profit. What is the original marked price of the router?

  • Options
  • A. Rs. 1000
  • B. Rs. 1020
  • C. Rs. 1040
  • D. Rs. 980
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  • 10. Mr. Rajan invested Rs 1,00,000 in US Stock Markets when the GBPINR rate was 75. After one year his investment appreciated by 20% in GBP terms. He sold of his investments and repatriated the money to India at the then existing rate of 80. what was real returns in INR?

  • Options
  • A. loss of 24%
  • B. gain of 28%
  • C. loss of 28%
  • D. gain of 20%
  • Also asked in: AIEEE, Bank Exams, CAT, GATE, Analyst, Bank Clerk, Bank PO

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