profit & loss test 3 Welcome to your profit & loss test 3 Name Email 1. If the profit percent got on selling an article is numerically equal to its cost price in rupees and the selling price is Rs. 39, then cost price (in Rs.) will be : (a) 20 (b) 22 (c) 28 (d) 30 None 2. If the total cost of 73 articles having equal cost is Rs. 5,110 and the total selling price of 89 such articles is Rs. 5,607, then in the transaction, there will be: (a) a loss of 15 % (b) a gain of 10 % (c) a loss of 10% (d) a gain of 15 % None 3. By selling 14 watches of equal cost price at the rate of Rs. 450 each, there is a profit equal to the cost price of 4 watches. The cost price of a watch is : (a) Rs. 350 (b) Rs. 360 (c) Rs. 375 (d) Rs. 400 None 4. A shopkeeper bought two cycles in Rs. 1600. If he sold first cycle at 10 % profit & the 2nd at 20% profit, he earns certain profit. If he sold first at 20 % profit and the second at 10 % profit, he got Rs. 5 more. The prices of both the cycles ? (a) Rs. 825 and Rs. 775 (b) Rs. 600 & Rs. 1000 (c) Rs. 900 and Rs. 700 (d) Rs. 850 & Rs. 750 None 5. Rajesh sells a pen at 5 % loss and a book at 15 % profit, he gets Rs. 7 as a profit. if he sells the pen at 5 % profit and the book at 10 % profit, he gets Rs. 6 more. The prices of book & pen respectively (a) Rs. 100, Rs. 80 (b) Rs. 70, Rs. 90 (c) Rs. 70, Rs. 110 (d) Rs. 80, Rs. 100 None 6. A tradesman fixed his selling price of goods at 30 % above the cost price. He sells half the stock at this price, one-quarter of his stock at a discount of 15 % on the original selling price and rest at a discount of 30 % on the original selling price. Find the gain percent altogether : (a) 14.875 % (b) 15.375 % (c) 15.575 % (d) 16.375 % None 7. Cost price of two motorcycles is same. One is sold at a profit of 15 % and the other for Rs. 4800 more than the first. If the net profit is 20 %. Find the cost price of each motorcycle : (a) Rs. 48000 (b) Rs. 52000 (c) Rs. 36000 (d) Rs. 42500 None 8. Rajesh bought 1200 eggsat Rs. 16 a dozen. At what price per dozen must he sell the eggs so as to earn a profit of 15% ? (a) Rs. 18.20 (b) Rs. 18.40 (c) Rs. 16.15 (d) None of these None 9. There were two articles and the sum of cost price of these articles is Rs. 500. One of them was sold at a profit of 20% and another at a loss of 20%. Besides if the selling prices of both the articles were same. Find the amount of overall loss. (a) Rs. 20 (b) Rs. 30 (c) Rs. 40 (d) None of these None 10. Rajesh and Bhuvnesh both are dealers of Akash Helicopters. The price of a Akash Helicoptes is Rs. 28,000. Rajesh gives a discount of 10% on the whole, while Bhuvnesh gives a discount of 12% on the first Rs. 20,000 and 8% on the rest Rs. 8000. What is the difference between their selling A. Rs .240 B.Rs.420 C.Rs.640 D. Rs. none of these None 11. A milkman purchases the milk at Rs. x per litre and sells it at Rs. 2x per litre still he mixes 2 litres water with every 6 litres of pure milk. What is the profit percentage : A. 116 % B.166 2\3% C. 60% D. 45% None 12. Rajesh purchased the ar- ticles for Rs. 123684. He sold 60% of those at a profit of 16.66% and rest at a loss. Find the loss percentage on the remaining if the overall loss is 14% ? (a) 20% (b) 30% (c) 60% (d) 66.66% None 13. What should be the minimum markup percentage such that after giving a discount of 66 2 % 3 , there will not be a loss ? (a) 200% (b) 133.33% (c) 100% (d) 150% None 14. Two third of a consignment was sold at a profit of 5% and the remainder at a loss of 2%. If the total profit was Rs. 400, the value of the consignment (in rupees) was : (a) 15000 (b) 20000 (c) 10000 (d) 12000 None 15. Due to an increase of 30% in the price of eggs, 3 eggs less are available for Rs. 9.10. The present rate per egg is : (a) 91 paise (b) 78 paise (c) 48 paise (d) 84 paise None 16. A company instead of raising the mark-up by 20% discounted the cost price by 20% while stiching the price tag on its product. Further the company offers a discount of 6.25% to its customer. In this process company incurs a loss of Rs. 37.5 on a single article. What is the selling price of that article ? (a) 417.5 (b) 112.5 (c) 365.5 (d) None of these None 17. The profit percentage of A and B is same on selling the articles at Rs. 1800 each but A calculates his profit on the selling price while B calculates it correctly on the cost price which is equal to 20%. What is the difference in their profits ? (a) Rs. 360 (b) Rs. 60 (c) Rs. 540 (d) Rs. 450 None 18. Each of A and B sold their article at Rs.1818 but A incurred a loss of 10% while B gained by 1%. What is the ratio of cost price of the articles of A to that of B ? (a) 101 : 90 (b) 85 : 89 (c) 81 : 75 (d) None of these None 19. A milkman mixes 10% water in pure milk but he is not content with it so he again mixes 10% more water in the previous mixture. What is the profit percentage of milkman if he sells it at cost price : (a) 11.11% (b) 20% (c) 21% (d) 12.1% None 20. A retailer cheats both to his whole-seller and his customer by 10% by his faulty balance i.e, he actually weighs 10% more while purchasing from wholeseller and weighs 10% less while selling to his customer. What is the net profit percentage, when he sells at CP ? (a) 22 2/11 % (b) 22 2/9 % (c) 20% (d) 21% None 21. A person wants to reduce the trade tax so he calculates his profit on the sale price instead of on the cost price. In this way by selling a article for Rs. 280 he calculates his profit as 14 2% 7 .What is his actual profit percentage ? (a) 20% (b) 16.66% (c) 25% (d) Data insufficient None 22. A reduction of 20% in the price of sugar enables a housewife to purchase 6 kg more for Rs. 240. What is the original price per kg of sugar ? (a) Rs. 10 per kg (b) Rs. 8 per kg (c) Rs. 6 per kg (d) Rs. 5 per kg None 23. Rahul went to purchase a Nokia mobile handset, the shopkeeper told him to pay 20% tax if he asked the bill. Rahul manages to get the discount of 5% on the acutal saleprice of the mobile and he paid the shopkeeper Rs. 3325 without tax. Besides he manages to avoid to pay 20% tax on the already discounted price, what is the amount of discount that he has gotten ? (a) 750 (b) 375 (c) 875 (d) 525 None 24. A trader sells goods to customer at a profit of k% over the cost price, besides it he cheats his customer by giving 880 g only instead of 1 kg. Thus his overall profit percentage is 25%. Find the value of k ? (a) 8.33% (b) 8.25% (c) 10% (d) 12.5% None 25. The cost price of an article is C and the selling price of the same article is S, where Z is the profit or loss percentage. If the cost price and selling price both are increased by same amount then which of the following is true : (a) Z increases (b) Z decreases (c) remains constant (d) None of these None Time's up