Profit, Loss and Discount. (Set 1 to 3)

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1 Profit, Loss and Discount (Set 1 to 3)

3 (Set 1) 1) A shopkeeper bought the books from a wholesaler for Rs Find at what price should he sell it in order to lose 10%? 2) By selling a T.V for Rs 1950, a shopkeeper got a profit of 30%. At what price he should sell it in order to get a profit of 40% a) 2500 b) 2100 c) 2000 d) 3500 e) None of these 3) A man build a table and sold it at a profit 7.5% and thereby gains Rs.375. Find the total amount which costs him to build the table? a) 5000 b) 6000 c) 6500 d) 5500 e) None of these. 4) By selling an article for Rs.195 a dealer makes a profit of 30%. By how much should he increase his selling price so as to make a profit of 40%? a) 20 b) 15 c) 25 d) 30 e) None of these 5) I sold a book at a profit of 27%. If I sold it for Rs.36 more; 33% would have been gained. Find the cost price of the book? a) 700 b) 650 c) 600 d) 800 e) None of these 6) A man sold a radio at a loss of 2.5%. If he sold it for Rs.100 more; he gains 7.5%. Find at what price should he sell it in order to gain 12.5%? a) 2250 b) 1120 c) 1125 d) 2150 e) None of these 7) Kamal bought an table at a discount of 20%. Later he calculated that if he bought it at 25% discount; he would be able to get Rs.500 more discount. Find at what price did he bought the table? a) 7000 b) 8000 c) d) 9500 e) None of these

4 (Set 2) 1) Abdul buys an old scooter for Rs.4700 and spends Rs.800 for its repair. If he sells the scooter for Rs.5800, find his gain percentage. a) 60/11% b) 50/11 % c) 65/11% d) 7/11% e) None of these 2) Varun sold 250 cycles and had a gain equal to the selling price of 50 cycle. What is the profit percentage? a) 25% b) 10% c) 20% d) 30% e) None of these 3) The CP of 24 apples is the same as the SP of 18 apples. Find the percentage gain? a) 25% b) 12.5% c) 14(2/7)% d) 16(2/3)% e) None of these 4) Cost price of 12 articles is equal to selling price of 9 articles. While the discount on 10 article is equal to the profit earn on 5 articles. Find the difference between profit % and Discount %? a) 200/11 % b) 125/11 % c) 200/9 % d) 16(2/3) % e) None of these 5) Sweksha buys a Table for Rs 16,000 and sells it for Rs 18,500. If she wants to gain 40%, how much more should she charge for the Table? (a) Rs 3,800 (c) Rs 4,200 (b) Rs4,OOO (d) Rs 3,900 (e) None of these 6) A shopkeeper sells his goods at its CP only. But he uses 750 grams weight at the place of 1000 gms weight for a kg. What is his net profit percentage? (a) 25% (c) 16.66% (b) 20% (d) 33.33% (e) None of these 7) A shopkeeper sold an article at a certain price. If he sold it at 2/3 of that price; he loses 10%. What would be his profit percentage; if he sold it at the original price? (a) 25% (c) 35% (b) 20% (d) 33.33% (e) None of these 8) Ravi sells some articles to Chandra at a profit of 20%. Chandra now sells this article to Mayank at a loss of 30% and Mayank sells this article at a profit of 20%. If CP of Chandra is Rs 150, then what is the sp of Mayank? a) 105 (b) Rs 125 (c) Rs 87.5 (d) Rs 126 (e) None of these 9) A supplier sells 20 pencils at the marked price of 16 pencils to a retailer. The retailer, in turn, sells them at the marked price. What is the percentage profit or percentage loss of the retailer? (a) 20% Loss (c) 25% Loss (b) 25% Profit (d) 20% profit (e) None of these

5 (Set 3) 10) After selling 10 candles a man earn a profit of the SP of 3 pens. While selling 10 pens a man losses SP of 4 candles. The numerical value of P% and L% is equal and the CP of the candle is half of the CP of the pen. Find the ratio of SP of candle to pen? a) 2 : 5 b) 5 : 2 c) 7 : 9 d) 9 : 7 e) 3 : 2 1) A shopkeeper sold a TV for Rs with a discount of 9% and gain 13.75%. If no discount was allowed, what would be his profit percentage? a) 30% b) 35% c) 20% d) 25% e) 20% 2) A man marks his article such that he can make 32% profit after giving 12% discount. However a customer availed 20% discount instead of 12%. What is the new profit% on article? a) 30% b) 65% c) 20% d) 25% e) 50% 3) Nisha purchased a briefcase with an additional 10% discount on reduced price after deducting 20% on the Labelled Price. If the Labelled Price was Rs. 1400, then at what price did Nisha purchase the briefcase? a) 1800 b) 1008 c) 1200 d) 1208 e) ) A certain suits price was reduced by 25% in the first week and 20% in the next week. In the third week, the shop owner decided to offer additional 10% discount on the suit. What percent of the regular price was the final price of the suit after the two reductions? a) 54% b) 46% c) 36% d) 20% e) None of these 5) If a person purchase two cows at a cost of rs 4200,then he sold one at a profit of 15% and other at a loss of 10%,but in this business he did not get any profit and loss what will be the cost price of each cow? a) 2520, 1680 b) 2540, 1660 c) 2560, 1640 d) 2580, 1620 e) None of these 6) A trader bought two horses for Rs 19,500. He sold one at a loss of 20% and the other at a profit of 15%. If the selling price of each horse is the same, then their cost prices are respectively? a) 12200, 7300 b) 12000,7500 c) 11500, 8000 d) 11000, 8500 e) None of these 7) 1/3 of a commodity is sold at 15% profit, ¼ is sold at 20% profit and the rest at 24% profit. If the Total profit is Rs. 80 is earned then find the value of commodity? a) 500 b) 400 c) 300 d) 350 e) None of these

Quantitative Aptitude 10. PROFIT AND LOSS

Quantitative Aptitude 10. PROFIT AND LOSS 10. PROFIT AND LOSS Cost Price: The price at which an article is purchased, is called the cost price or CP. Selling Price: The price at which an article is sold is called the selling price or SP. Formulae: