Profit and Loss

1.		What profit percent is made by selling an article at a certain price, if by selling at 2/3rd of that price, there would be a loss of 20% ?

30%

25%

15%

20%

2.		Two successive discounts of 20% and 15% are equivalent to a single discount of:

35%

32%

33.33%

30%

3.		A man bought some toys at the rate of 10 for Rs. 40 and sold them at 8 for Rs. 36. Find his gain or loss percent.

10% profit

12% loss

12.5% profit

12.5% loss

4.		Three successive discounts of 15 %, 10 % and 8 % are given on an article. Find the single discount equivalent to all these three discounts.

29.62 %

33 %

30.62 %

33.33 %

5.		By selling 45 toffees for Rs 40, a man loses 20%. How many should he sell for Rs 24 to gain 20% ?

16

18

20

22

6.		A trader mixes 26 kg of sugar at Rs. 20 per kg with 30 kg of sugar of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:

No profit, No loss

5%

8%

10%

7.		A Shopkeeper sells two articles at Rs. 2000 each, making a profit of 20% on the first article and a loss of 20% on the other. Find the net Profit or loss that he makes?

4% Profit

4% Loss

No Profit no Loss

2% Loss

8.		A dishonest merchant sells his grocery using weights 10% less than the true weights and claims a profit of 20%. Find his actual gain percentage.

33.33%

30%

40%

50%

9.		If the cost price of 50 oranges is equal to the selling price of 40 oranges, then the profit per cent is

20

33.33

15

25

10.		A man bought an article and sold it at a gain of 5 %. If he had bought it at 5% less and sold it for Re 1 less, he would have made a profit of 10%. The CP of the article was:

Rs 100

Rs 150

Rs 200

Rs 250