Profit & loss test 1

1. A man buys a shirt and a trouser for `371. If the trouser costs 12% more than the shirt, find the cost of the shirt

2. By selling 15 mangoes, a fruit vendor recovers the cost price of 20 mangoes. Find the profit percentage.

3. A dishonest shopkeeper uses a 900 gram weight instead of 1 kilogram weight. Find his profit percent if he sells per kilogram at the same price as he buys a kilogram.

4. A manufacturer makes a profit of 15% by selling a colour TV for ` 6900. If the cost of manufacturing increases by 30% and the price paid by the retailer is increasesd by 20% find the profit percent made by the manufacurer.

5. Find a single discount equal to three consecutive discounts of 10%, 12% and 5%.

6. Rajesh bought an article and spent `110 on its repairs. Then he sold it to Bhuvnesh at a profit of 20% Bhuvnesh sold it to Charan at a loss of 10%. Charan finally sold it for `1188 at a profit of 10%. How much did Rajesh pay for the article

7. Rajesh bought some oranges from Nagpur for Rs. 32. He has to sell it in Delhi. He is able to sell off all the oranges in Delhi and on reflection finds that he has made a profit equal to the cost price of 40 oranges. how many oranges did Rajesh buy ?

8. By selling 5 articles for Rs. 15, a man makes a Profit of 20%. Find his gain or loss percentage if he sells 8 articles for Rs. 18.4 ?

9. A shopkeeper allows a rebate of 25% to the buyer. He sells only smuggled goods and as a bribe he pays 10% of the cost of the article. If his cost price is Rs. 2500, then find what should be the marked price if he desires to make a profit of 9.09%.

10. A digital diary is sold for Rs. 935 at a profit of 10%. What would have been the actual proft or loss on it, if it had been sold for Rs. 810?

11. A music system when sold for Rs. 4500 gives a loss of 16.66% to the merchant who sells it. Calculate his loss or gain per cent, if he sells it for Rs. 5703.75.

12. The marked price of a table is Rs.1200, which is 20% above the cost price. It is sold at a discount of 10% on the marked price. Find the profit per cent.

13. A wholeseller allows a discount of 20% on the list price to retailer. The retailer sells at 5% discount on the list price.If the customer paid Rs. 38 for an article, what profit is made by the retailer?

14. The cost of production of a cordless phone set in 2011 is Rs.900 , divided between material, labour and overtheads in the ratio 3:4:2. If the cordless phone set is marked at a price that gives a 20% profit on the component of price accounted for by labour, what is the marked price of the set?

15. A make an article for Rs. 120 and sells it to B at a profit of 25%. B sells it to C who sells it for Rs. 198, making a profit of 10% what porfit percent did B make?

16. A briefcase was sold at a profit of 10% . if its cost price was 5% less and it was sold for Rs.7 more the gain would have been 20%. Find the cost price of the briefcase.

17. A manufacturer makes a profit of 15% by selling a colour TV for Rs.5750. If the cost of manufacturing increases by 30% and the price paid by the retailer is increased by 20%, find the profit percent made by the manufacturer.

18. A watch dealer pays 10% custom duty on a watch that cost Rs. 250 abroad. For how much should he mark it, if he desires to make a profit of 20% after giving a discount of 25% to the buyer?

19. In the land of the famous milkman Bhuvnesh a milkman sells his buffalo for Rs. 720 at some profit. Had he sold his buffalo at Rs. 510,the quantum of the loss incurred would have been double that of the profit earned what is the cost price?

20. A dishonest dealer professes to sell at cost price but uses a 900 gram weight instead of a 1 kilogram weight. Find the percent profit to the dealer.