Profit and Loss

1.		A man sells two articles at the same price. On one, he makes a profit of 10% and on the other he suffers a loss of 10%. His loss percent on the whole transaction is:

No profit no loss

1

2

5

2.		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

3.		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

4.		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%

5.		The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is:

15

16

18

25

6.		Due to reduction of 25% in price of lemons, a customer can purchase 4 lemons more for Rs. 16. what is original price of a lemon?

Re 1

Rs 1.33

Rs 1.5

Rs 1.6

7.		By selling an article at 2/5 of the marked price, there is a loss of 25 % , The ratio of the marked price and the cost price of the article is:

2 : 5

8 : 15

15 : 8

5 : 2

8.		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

9.		A man buys oranges at Rs 50 a dozen and an equal number at Rs 40 a dozen. He sells them at Rs 55 a dozen and makes a profit of Rs 500. How many oranges does he buy?

30 dozens

40 dozens

50 dozens

60 dozens

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