Profit, Loss & Discount

Q.

A trader marked his goods at 20% above the cost price. He sold half the stock at the marked price, one quarter at a discount of 20% on the marked price and the rest a discount of 40% on the marked price. His total gain percent is:

1. 2%

2. 4.5%

3. 15%

4. 13.5%

5. Cannot be determined

Q.

The monthly incomes of A and B are in the ratio 4 : 5, their expenses are in the ratio 5 : 6. If 'A' saves Rs.25 per month and 'B' saves Rs.50 per month, what are their respective incomes?

1. 450, 550

2. 550, 450

3. 500, 400

4. none

5. 400, 500

Q.

A shopkeeper cheats to the extent of 10% while buying as well as selling, by using false weights. His total gain in % is:

1. 11%

2. 10%

3. 22(2/9)%

4. 20%

5. 21%

Q. A dealer offers a cash discount of 20% and still makes a profit of 20%, when he further allows 16 articles to a dozen to a particularly sticky bargainer. How much per cent above the cost price were his wares listed?

1. $80\%$
2. $100\%$
3. $75\%$
4. $66\frac{2}{3\%}$

Q.

Successive discounts of 10%, 12% and 15% amount to a single discount of :

1. None of these

2. 37.59%

3. 36.68%

4. 35.25%

5. 32.68%

Q.

A fair price shopkeeper takes 10% profit on his goods. He lost 20% goods during theft. His loss percent is:

1. 8

2. 10

3. 11

4. 9

5. 12

Q.

The difference between a discount of 35% and two successive discounts of 20% on a certain bill was Rs. 22. Find the amount of the bill.

1. Rs. 200

2. Rs. 1100

3. Data inadequate

4. Rs.350

5. None of these

Q. How many Kg of tea, worth Rs 25 per Kg, must be blended with 30 Kg of tea worth Rs 30 per Kg, so that by selling the blended variety at Rs 30 per Kg there should be a gain of 10%?

1. 36 Kg
2. 40 Kg
3. 32 Kg
4. 42 Kg
5. None of the above

Q. In a business, B is a sleeping partner and A is a working partner. A invests Rs 5000 and B invests 6000. A receives $12\frac{1}{2}\%$ of the profit for managing the business and the remaining amount is divided in proportion to their capitals. A's share of the profit for a profit of Rs 880 is?

1. Rs 350
2. Rs 400
3. Rs 420
4. None of the above
5. Rs 460

Q.

A batsman scored 120 runs which included 4 boundaries and 7 sixes. What percent of his total score did he make by running between the wickets?

1. 60%

2. 50%

3. 70%

4. 40%

5. None of These

Q. Cost price of two motorcycles is same. One is sold at a profit of 15% and the other for Rs.4800 more than the first. If the net profit is 20%. Find the cost price of each motorcycle.

1. Rs. 48000
2. Rs. 52000
3. Rs. 36000
4. Rs. 42500

Q. A milkman has 20 litres of milk. If he mixes 5 litres of water which is freely available, in 20 litres of pure milk. If the cost of pure milk is Rs. 18 per litre, then the profit of the milkman, when he sells all the mixture at cost price, is:

1. 20%
2. 25%
3. 33.33%
4. 18%

Q. The profit percentage of the three articles A, B, and C is 10%, 20%, and 25% and the ratio of the cost price is 1 : 2: 4. Also, the ratio of the number of articles sold of A, B and C is 2: 5: 2. Then, the overall profit percentage is :

1. 21%
2. None of these
3. 75%
4. 18.5%

Q. A dishonest dealer marks up the price of his goods by 20% and gives a discount of 10% to the customer. He also uses a 900-gram weight instead of a 1-kilogram weight. Find his percentage profit due to these maneuvers.

1. 80%
2. 12%
3. 16%
4. 20%

Q.

A fruit seller sells mangoes at the rate of Rs. 9 per kg and thereby loses 20%. At what price per kg, he should have sold them to make a profit of 5%?

1. Rs. 11.81

2. Rs. 12

3. Rs. 12.25

4. Rs. 12.31

5. Rs.13.56

Q.

A man bought some fruits at the rate of 16 for Rs. 24 and sold them at the rate of 8 for Rs. 18. What is the profit percent?

1. 25%

2. 40%

3. 50%

4. 60%

5. None of these

Q. A grocer sells rice at a profit of 20% and uses a weight which is 25% less. Find out overall gain percentage.

1. 60%
   
2. 65%
   
3. 58%
   
4. 63%
5. None of these

Q.

The ratio of the salaries of A and B is 8: 9. If A's salary is increased by 50% and B's salary is reduced by 25%, their ratio becomes 16:9. What is the salary of A?

1. Rs 22000
2. Rs 28500
3. Rs 37000
4. Cannot be determined
5. None of these

Q. A milkman bought 15 litres of milk and mixed 3 litres of water in it. If the price per litre of the mixture becomes Rs 22, what is cost price of the milk per litre?

1. None of these
2. Rs. 24.00
3. Rs. 22.00
4. Rs. 28.00
5. Rs. 26.40

Q.

The price of an article is raised by 30% and then two successive discounts of 10% each are allowed. Ultimately, the gain he received is

1. Decreased by 5.3%

2. Increased by 3%

3. Increased by 5.3%

4. Increased by 10%

Q.

If Fatima sells 60 identical toys at a 40% discount on the printed price, then she makes 20% profit. Ten of these toys are destroyed in fire. While selling the rest, how much discount should be given on the printed price so that she can make the same amount of profit?

1. 28%

2. 25%

3. 30%

4. 24%

Q. Profit on selling 10 candles equals selling price of 3 bulbs. While the loss on selling 10 bulbs equals selling price of 4 candles. Also, profit percentage equals to the loss percentage and cost of a candle is half of the cost of a bulb. What is the ratio of selling price of the candle to the selling price of a bulb?

1. 5:4
2. 3:2
3. 4:5
4. 3:4

Q. A dealer marked the price of an item 40% above the cost price. Once he gave successive discounts of 20% and 25% to a particular customer. As a result, he incurred a loss of Rs 448. At what price did he sell the item to the mentioned customer?

1. Rs. 2352
2. Rs. 2268
3. Rs. 2578
4. Rs. 2416
5. Rs. 2152

Q. A watch dealer sells watches at Rs 600 per watch. However, he is forced to give two successive discounts of 10% and 5% respectively. However, he recovers the sales tax on the net sale price from the customer at 5% of the net price. What price does a customer have to pay him to buy the watch?

1. Rs 538.65
2. Rs 539.75
3. Rs 539.65
4. Rs 538.75

Q.

The salaries of A, B, and C are in the ratio of 1 : 2 : 3. The salary of B and C together is Rs. 6000. By what percent is the salary of C more than that of A?

1. 100

2. 200

3. 50

4. 400

Q.

The labelled price of a cupboard is Rs. 6500. The shopkeeper sold it by giving 5% discount on the labelled price and earned a profit of 15%. What approximately is the cost price of the cupboard?

1. Rs. 5000

2. Rs. 5370

3. Rs. 5600

4. Rs. 5800

5. Rs. 6000

Q.

Samant bought a microwave oven at a discount of 10%. He then sold it at a profit of 30%. What percentage of profit did Samant earn on the original price?

1. None of these

2. 17%

3. 20%

4. 32%

5. 27%

Q. When one litre of water is added to a mixture of acid and water, the new mixture contains 20% acid. When one litre of acid is added to the new mixture, then the resulting mixture 1 contains $33\frac{1}{3}$ % acid. The percentage of acid in the original mixture was

1. None of these
2. 25 %
   
3. 24 %
   
4. 20 %
   
5. 22 %
   

Q.

A Tradesman Gives$4\%$Discount On The Marked Price And Gives $1$ Article Free For Buying Every $15$ Articles And Thus Gains $35\%$ . The Marked Price Is Increased Above The Cost Price By?

1. $20\%$

2. $39\%$

3. $40\%$

4. $50\%$

Q.

If a seller gives a discount of 15% on retail price, she still makes a profit of 2%. Which of the following ensures that she makes a profit of 20%?

1. Give a discount of 2% on retail price.

2. Increase the retail price by 2%

3. Sell at retail price

4. Give a discount of 5% on retail price.