Deck 3: Mathematical Problems for Profit and Loss

Question 1

Ajay incurred loss of 20% by selling a vase for Rs. 2880. To get a profit of 20% at what price should he sell the vase?

A)rs. 4320
B)rs. 5760
C)rs. 1440
D)rs. 3500

Answer 1

rs. 4320

Question 2

A sold a car to B at a profit of 25%. B incurred loss of 15% while selling the same car to C. A spent Rs. 50000 for this car. At what price did C buy it?

A)rs. 62500
B)rs. 60000
C)rs. 53125
D)rs. 90000

Answer 2

rs. 53125

Question 3

hat will be selling price, if cost price is Rs. 120 and gain is 35%?

A)rs. 135
B)rs. 85
C)rs. 155
D)rs. 162

Answer 3

rs. 162

Question 4

A and B enter into a partnership with respective capitals of Rs. 20,000 and Rs. 40,000. At theend of the year, the total profit is Rs. 33,000. If A receives Rs. 15,000 as both his salary andprofit, then what is his salary?

A)rs. 2000
B)rs. 4000
C)rs. 3500
D)rs. 3000

Question 5

An article costs Rs. 600. What should be the marked price of an article so that after 10% discount, the trader makes 20% profit?

A)rs. 800
B)rs. 950
C)rs. 1100
D)rs. 1040

Question 6

A man buys 50 pens at marked price of 46 pens from a whole seller. If he sells these pens giving a discount of 1% , what is the profit percent?

A)5.3 %
B)7.6 %
C)10.6 %
D)12 %

Question 7

P sells an article to Q at 10 % profit. Q sells it to R at 25 % profit. If R pays Rs. 250 for it, What did P pay for it ?

A)rs. 225
B)rs. 198..50
C)rs. 181.81
D)rs. 162.30

Question 8

Sagar purchased 10 kg of rice at the rate of Rs. 15 per kg and 25 kg of rice at the rate Rs.14 per kg. He mixed the two and sold the mixture. Approximately at what rate per kg should hesell the mixture to make 40 % profit in the transaction?

A)rs. 20.00
B)rs. 19.50
C)rs. 15
D)rs. 17.5

Question 9

A trader has 200 kg of sugar, out of which he sells some with 10% profit and the rest with 25% profit. He gains 15% on the whole. Find the quantity of sugar sold at 25% profit?

A)120 kg
B)96.5 kg
C)84 kg
D)67 kg

Question 10

Anil purchased 30 kg of wheat at the rate of Rs. 22 per kg and 20 kg of wheat at the rate ofRs. 24 per kg. He mixed the two. Approximately at what rate per kg should he sell the mixture tomake 25% profit?

A)rs. 25
B)rs. 28
C)rs. 30
D)rs. 32.5

Question 11

At what price should the Karan mark a sewing machine that costs him Rs. 1200/- so that even after offering a 20% discount, he makes 25% profit?

A)rs. 2,025/-
B)rs.1,900/-
C)rs. 1,675/-
D)rs. 1,875/-

Question 12

Virat buys an old car for Rs. 50000 and spends Rs. 4000 on its repairs. If he sells the scooter for Rs. 60000, his gain percent is:

A)3 (4/7)
B)11 (1/9) %
C)12 (2/3) %
D)12%

Question 13

P, Q, R subscribe Rs. 50,000 for a business. P subscribes Rs. 4000 more than Q and Q Rs. 5000 more than R. Out of a total profit of Rs. 25,000, what will be P's share?

A)rs. 8400
B)rs. 10,500
C)rs. 13,600
D)rs. 14,700

Question 14

A trader purchases several articles at the rate of 13 for Rs. 10 and sells them at the rate of 10 for Rs. 13. What is his gain/loss?

A)69 % gain
B)56.25 % gain
C)56.25 % loss
D)25 % loss

Question 15

By purchasing an article at 20 % discount on the original price and then selling it at a price of25% above the original price, a trader earns Rs. 200 as the profit. What was the original price ofthe article?

A)rs. 444.44
B)rs. 255.50
C)rs. 100.10
D)rs. 810

Question 16

A boy incurs 5% loss by selling a book for Rs. 1000. At what price should the book be sold to earn 5 % profit?

A)rs. 1105.26
B)rs. 1251.50
C)rs. 1085.13
D)rs. 1885.13

Question 17

Find the resultant profit if A sells a cupboard at a profit of 6% to B and B sells the same to C at a profit of 9%.

A)15%
B)16%
C)14.5%
D)15.54%

Question 18

If Harsh sold a match ticket for Rs.340 at a profit of 25%, at what price did he purchased the ticket?

A)280
B)255
C)300
D)272

Question 19

Eleven bags are bought for Rs.1000 and sold at 10 for Rs.1100. What is the gain or loss in percentage?

A)10%
B)21%
C)25%
D)20%

Question 20

Vijay sells a cupboard at 14% below cost price. Had he got Rs.2086 more, he would have made a profit of 14%. What is the cost price of the cupboard?

A)7450
B)14900
C)7400
D)7500

Question 21

If selling price of 12 pens is equal to the cost price of 18 pens, find the profit percent.

A)40%
B)33.3%
C)50%
D)25%

Question 22

Sam borrowed some money from his friend at simple interest of 6% per annum. He returned his friend Rs. 15600. After how much time did Sam return the money if he borrowed Rs. 12000?

A)8 years
B)2.5 years
C)5 years
D)3.5 years

Question 23

Kabir paid Rs. 9600 as interest on a loan he took 5 years ago at 16% rate of simple interest. What was the amount he took as loan?

A)rs. 16400
B)rs. 12000
C)rs. 12500
D)rs. 18000

Question 24

Suresh for 2 years invested Rs. 500 in SBI. He also invested Rs. 300 in ICICI for 4 years. At the end he received Rs. 220 from both banks as simple interest. What must have been rate of interest?

A)10%
B)12%
C)11%
D)5.5%

Question 25

Raman paid Rs. 11400 as interest after 9 years. He had borrowed some money at rate of 6%for first two years, 9% for next three years and 14% for rest of the period. How much money didhe borrow?

A)rs. 10000
B)rs. 15000
C)rs. 12000
D)rs. 12500