Calculating Profit and Loss Percentage

Q.

If cost price is ₹300 and selling price is ₹330, then what is the profit percentage?

1. $12\%$

2. $30\%$

3. $15\%$

4. $10\%$

Q.

I buy a T.V. for $₹10,000$ and sell it at a profit of $20\%$. How much money do I get for it?

Q.

A man earns ₹80000/- as salary. He gives his wife 60% of his salary, his son 20%, his daughter 10%, and saves the remaining. Find the amounts given to his wife, son, daughter and also the amount of savings

Q.

A fruit seller purchased 3 dozen bananas at ₹ 4 per banana. He sold all the bananas for ₹ 180. Find the profit/loss percent for the deal.

1. 25% profit

2. 20% profit

3. 25% loss

4. 30% loss

Q.

Raj bought 10 chocolates, each for ₹ 40. He sold 6 of them at ₹50 each, and the rest of it at ₹ 55 each. Find the percentage of profit he made.

1. $20\%$

2. $30\%$

3. $25\%$

4. $40\%$

Q.

If a cycle is sold for ₹1250 the cycle gets 20% loss how much it should be sold to get 40% profit

Q.

A man bought 300 oranges for ₹450/-. 100 oranges got spoiled. He sold the remaining at the rate of ₹2.00 per orange. Find his loss% or gain%

Q. A shopkeeper makes an annual profit of ₹ 84, 000. If his monthly income is ₹30, 000, what is his monthly expenditure?

Q. The price of a farmhouse is decreased from twenty lakh rupees to thirteen lakh rupees. Find the percentage of decrease.

1. 25%
2. 35%
3. 40%
4. 70%

Q.

A book was purchased at ₹ 600 and sold at ₹650. What is the profit?

1. ₹ 600

2. ₹ 50

3. ₹ 650

4. ₹ 60

Q.

A bag was bought for ₹ 250 and sold for ₹ 265. Find loss or gain percent.

1. Loss % = 12%

2. gain % = 10%

3. gain % = 6%

4. Loss % = 10%

Q.

The cost price of $10$ tables is equal to the sale price of $5$ tables. The profit per cent in this transaction is _____

Q. Ritu buys 1 kg apples at ₹100 and sells at ₹120 per kg. Kalyani buys 1 kg oranges at ₹80 and sells at ₹110 per kg. Ritu sells 12 kg apples and Kalyani sells 10 kg oranges. Who earns more profit?​

Q.

A pen was purchased at ₹ 10 and was sold at ₹ 15. Find the profit percent.

1. 15%

2. 12%

3. 10%

4. 50%

Q.

Which of the following is the correct formula for calculating profit percent?

1. $\text{Profit}\%=\frac{\text{Profit}}{\text{CP}}\times 100$

2. $\text{Profit}\%=\frac{\text{Profit}}{\text{SP}}\times 100$

3. $\text{Profit}\%=\frac{\text{Profit}}{\text{MP}}\times 100$

4. $\text{Profit}\%=\frac{\text{CP}}{\text{Profit}}\times 100$

Q.

Rami earned ₹8, 000 out of which he spent ₹2, 000 on shopping. What percent of his earnings did he spend on shopping?

1. 20%

2. 25%

3. 40%

4. 30%

Q. Ben bought an old bicycle for ₹5200 and spent ₹800 on its repairs. If he sells the bicycle for ₹8000, his gain per cent is:

1. 23.33%
2. 20.00%
3. 33.33%
4. 25.00%

Q.

If SP = ₹ 5300 and gain = ₹ 300, then the CP and gain % are ___.

1. CP = Rs. 5000, $Gain\%=6\%$

2. CP = Rs. 5600, $Gain\%=6\%$

3. CP = Rs. 5600, $Gain\%=10\%$

4. CP = Rs. 5000, $Gain\%=10\%$

Q.

Ramya earned ₹8000 out of which she spent ₹2000 on shopping. What percent of her earnings did she spend on shopping?

1. 20%

2. 40%

3. 30%

4. 25%

Q.

Hari purchased a bike for ₹ 55000. He sold it to his friend for ₹ 60500. What is the profit or loss percent ?

1. Profit of 8%

2. Profit of 10%

3. Profit of 5%

4. Loss of 10%

Q.

An ox coasting $₹1250$ is sold for $₹1000.$Find the loss per cent.

Q. Rekha sold a saree for ₹3, 456 with a profit of ₹256. Her profit percentage was

1. 8%
2. 10%
3. 7%

Q.

Find the profit or loss percent in a transaction where the cost price is ₹ 20 and the selling price is ₹16.

1. Profit of 20%

2. Profit of 25%

3. Loss of 20%

4. Loss of 25%

Q.

Find the profit made or loss incurred in a transaction where the cost price is ₹1200 and the selling price is ₹1600.

1. A loss of ₹400

2. A gain of ₹400

3. A gain of ₹300

4. A loss of ₹300