PROFIT & LOSS- I
1. A milkman bought 70 litres of milkfor Rs. 630 and added 5 litres
of water. If he sells it at Rs. 9 per litre. Find his profit percentage.
(a) 8%
5
(b) 7% (c)8%
5
(d) 7%
7
2. A man bought an old typewriter for Rs. 1200 and spent Rs. 200
onits repair. He sold it for. Rs. 1680. Find his profit per cent.
(a) 20% (b) 10% (c) 8% (d) 16%
5. By selling 33 metres of cloth, a person gains the cost of 11
metres. Find hisgain%.
(a) 33% (b) 33% (c) 33% (d) 34%
3
6. Pooja wants to sell a watch at a profit of 20%. She bought it at
10% less and sold it at Rs.30 less, but still she gained 20%. Find
the cost price of the watch.
(a) Rs. 240 (b) Rs. 220 (c) Rs. 250 (d)Rs. 225
7: Afruit merchant makes a profit of 25% by selling mangoes at a
certain price. If he charges Rs. 1 more on each mango, he would
gain 50%. Find the initial cost of a mango.
(a) Rs. 5 (b) Rs. 7 (c) Rs. 4 (d) Rs. 6
8. If bananas are bought at the rate of 4 for a rupee, how many
must be sold for a rupee so as to gain 33%?
3
(a) 2.5 (b) 2 (c) 3 (d) 4
9. The cost price of 36 books is equal to the selling price of 30
books. Find the gain per cent.
4
(a) 20% (b) 16% (c) 18% (d) 82%
10. A sold an article to B at 20% profit. and B sold to C at 15% loss. If
A sold it toCat the selling price of B, then what profit/loss would
A make?
(a) 5% profit (b) 2% profit
(c) 2% loss (d) 5% loss
12. The cost of a house was Rs. X lakhs in 2005. After 3 years, the
owner of the house sold it for 25% more than she paid it. But she
hasto pay atax of 50% of the gain. The tax amount'she has to
pay is
X
(a); (b) (c) (d) 24
13. 12 copies of a book were sold for Rs. 1800 thereby gaining cost
price of 3 copies. Find the cost price of a copy.
(a) Rs. 120 (b) Rs. 150 (c) Rs. 1200 (d) Rs. 1500
14. The cost price of two dozen bananas is Rs. 32. After selling 18
bananas at the rate of Rs. 12 per dozen, the shopkeeper reduced
the rate to Rs. 4 per dozen. Find the loss percentage.
(a) 25.2% (b) 32.4% (c) 36.5% (d) 37.59%
17. A man sold 20 apples for RS. 100 and gained 20%. How many
apples did he buy for Rs. 100?
(a) 20 (b) 22 (c) 24. (d) 25
19. The cash difference between selling prices of an article at a profit
of 4% and 6% is Rs. 3. Find the ratio of the two selling prices.
(a) 51:52 (b) 52:53 (c) 51 :53 (d) 52:55
23. If selling price of an articleisreduced by 60%, then there is aloss
of 10% on cost price. The initial profit per cent was
(a) 70% (b)80% (c) 100% (d) 125%
24. Costs of two watches were in the ratio 16 : 23. The cost of first
watch increases by 10% and that of second by Rs. 477. Now the
costs of two watches are in a ratio of 11 : 20. Find the price of
the second watch in the beginning (in Rs.)
(a) 932 units (b)1219 units
(c) 1696 units (d) 848 units
25. An item costing Rs. 840 was sold by ashopkeeper at a gain of
10% and it was again sold by the new buyer at a loss of 5%. Find
the final selling price of the item.
(a) Rs. 877.80 (b) Rs. 798
(c) Rs. 924 (d) Rs. 37.80
30. If the selling price.of an article isdoubled, then its loss per cent
is converted into equal profit per cent. Find the loss per cent on
the article.
1
(a) 26% (b) 33% (c) 33%3
(d) 34%
3
31. A clock was sold for Rs. 144. If the percentage of profit was
numericaily equal to the cost price, the cost of the clock was
{a) Rs. 72 (b) Rs. 8O (c) Rs. 90 (d)Rs. 100
48. The difference between the selling prices of an article at a profit
of 15% and at a profit of 10% is Rs. 10. Find the cost price of the
article.
(a) Rs. 100 (b) Rs. 120 (c) Rs. 150 (d) Rs. 200
52. Xsells two articles for Rs. 4,000each with no loss and no gain in
thetransaction. If one was sold àt again of 25% the other is sold
at a loss of.
(a) 25% (b) 18% (o) 20% (d) 16%
3
The difference between the compound interest and simple
interest accrued on an amount of 9000 in 2 year was Rs 360.
What was the rate of interest?
(a) 20% (b)25% (c) 15% (d) 10%
15. An amount of Rs. 32000 lent at 5% per annum compound
interest for 2 years will become?
(a) Rs. 35260 (b) Rs. 35280
(c) Rs. 36090 (d) Rs. 35960
18. Aman saves Rs. 200 at the end of each year and lends the money
at 5% compound interest. How much will it become at the end 3
years?
(a) Rs. 662.025 (b) Rs. 752
(c) Rs. 940 (d) Rs. 530
23. Venkat and Vidhya had borrowed amount of Rs. 30,000 each.
Venkat pays at 10% p.a. of Sl and Vidhya pays at 10% Cl p.a. What
is the difference in their interest payment after 2 years?
(a) Rs. 200 (b) Rs. 300 (c) Rs. 400 (d) Rs. 500
28. The compound interest on a certain sum for 2 years at 10% per
annum is Rs. 525. The simple.interest on the same sumn for
double the time at half the rate per cent per annum is
(a) Rs. 400 (b) Rs. 600 (c) Rs. 500 (d) Rs. 800
29. There is a 60% increase in an amount in 6 years at simple
interest. What will be compqund interest of Rs. 12,000 after 3
yearsat the same rate?
(a) Rs. 2160 (b) Rs. 3120
(c) Rs. 3972 (d) RS. 6240
37. What will be the compound interest (nearest to Rs. 1) on a sum
of Rs. 25,000 for 2 years at 12% p.a., if the interest is
compounded &-monthly?
(a) Rs. 6,394 (b) Rs. 6,439
(c) Rs. 6,493 (d) Rs. 6,349
42. The compound interest on Rs. 2000 in 2 years if the rate of
interest is4% per annum for the first year and 3% per annum for
the second year, will be
(a) Rs. 142.40 (b) Rs. 140.40
(c) Rs. 141.40 (d) Rs. 143.40
50. At a certain rate per annum, the simple interest on a sum of
moneyfor one year is Rs. 260 and the compound intrest on the
same sum for two years is Rs. 540.80. The rate of interest per
annum is
(a) 4% (b)6% (c) 8% (d) 10%
51. The simple interest on a sum of money at 4% per annum for 2
years is Rs. 80. The compound interest on the same sum for the
same period is
(a) Rs. 82.60 (b) Rs. 82.20
(c) Rs. 81.80 (d) Rs. 81.60
