Profit Percentage

Q. The cost of a book is ₹500 but it was sold at ₹700 in an auction. The profit or loss percent that the auction authority will make is%.

1. 30
2. 40
3. 10

Q. A shopkeeper sells an article at ₹ 1800 at a loss of 10%. At what price must he sell that article so as to earn a profit of 10%?

1. ₹2000
2. ₹2200
3. ₹1900
4. ₹2100

Q. A fruitseller bought bananas at ₹ 120 per dozen. If he sold each banana at ₹ 15 , what is his profit percent?

1. 100%
2. 10%
3. 50%
4. 20%

Q.

Which of the following is the correct formula for calculating profit $\%?$

1. Profit $\%=\frac{C.P.-S.P.}{S.P.}\times 100$

2. Profit $\%=\frac{S.P.-C.P.}{C.P.}\times 100$

3. Profit $\%=\frac{S.P.-C.P.}{S.P.}\times 100$

4. Profit $\%=\frac{S.P.}{C.P.}\times 100$

Q.

What is the profit or loss % when the cost price is ₹400 and selling price is ₹300?

1. 25% Loss

2. 25% Profit

3. 15% Profit

4. 15% Loss

Q. Find profit or loss:
Cost Price = Rs.920 and Selling Price = Rs.800

1. Profit of Rs. 120
2. Profit of Rs. 100
3. Loss of Rs. 100
4. Loss of Rs. 120

Q. By selling an article for ₹900, a person loses 25%. Find his cost price and the loss.

Q.

What is the profit percent acquired when the cost price is ₹200 and selling price is ₹350?

1. 25%

2. 50%

3. 75%

4. 100%

Q.

Shubendhu buys an old scooter for ₹ 4700 and spends ₹ 800 on its repairs. If he sells the scooter for ₹ 5800, what is his gain (in percentage)?

1. $\frac{65}{12}\%$

2. $\frac{77}{11}\%$

3. $\frac{60}{11}\%$

4. $\frac{77}{12}\%$

Q. The cost of the product (in rupees) after adding 10% sales tax on ₹400 is .

1. ₹420
2. ₹440
3. ₹360
4. ₹520

Q.

Find the profit percent or loss percent in each of the following cases:
C.P. = ₹ 98, 900, S.P. = ₹ 1, 04, 834

Q. If an article which costs Rs.150 is sold for Rs.200, then the profit is Rs. ___

1. 50
2. 60
3. 70
4. 80

Q.

Out of an income of $Rs9000$ , Meena spends $Rs7290$ . What percent of her income does she save?

Q. A bat which costs Rs.300 is sold at a profit of Rs.600. Then the profit percentage is ___ .

1. 200%
2. 50%
3. 20%
4. 500%

Q. Anu bought stationery for ₹22, 000. She paid ₹ 500 for transportation and ₹1500 as tax.
If she sold all her stationery for ₹25000, find her profit/loss percent.

1. Approximately 5.1% loss
2. Approximately 4.1% profit
3. Approximately 4.1% loss
4. Approximately 5.1% profit

Q.

After spending $76\%$ of monthly earning, Jimmy saves $₹2244$. Find her monthly income.

Q.

Kunal buys 100 mangoes for ₹1600 and sells them at a profit of 15%. Find the selling price of one mango.

1. ₹29.8

2. ₹18.4

3. ₹24.8

4. ₹26.6

Q.

A shopkeeper buys 80 articles for ₹ 2400 and sells them at a profit of 16%. Find the selling price of one article.

1. ₹ 29.8

2. ₹ 16.6

3. ₹ 26.6

4. ₹ 34.8

Q. Alok sold his bicycle for ₹5500 and gets 10% profit. How much it should be sold to get 20% profit?

Q.

Find profit percent or loss percent as the case may be, for each of the following.

C.P. = $Rs500$

S.P. = $Rs590$

Q. Sangeetha travels from Mangaluru to Bengaluru to buy goods which are 20% cheaper in Bengaluru than in Mangaluru. If she earns ₹ 720 by selling the goods in Mangaluru, calculate her profit percent. Assume that she spent ₹120 on travelling.

1. 4.25 %
2. 3.45 %
3. 5.40 %
4. 3.9 %

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.

The cost of a used washing machine is ₹9500 and ₹500 is spent on its repairs. If it is sold at a profit of 10%, then what is the selling price?

1. ₹14000

2. ₹15000

3. ₹11000

4. ₹12000

Q. If the cost price of a luxury item is 20% of its selling price, what is the profit percent?

1. 100%
2. 200%
3. 400%
4. 300%

Q. Choose the correct option in the transaction:
Cost Price = Rs.1235 and Selling Price = Rs.1638

1. Loss of Rs.38
2. Loss of Rs.403
3. Profit of Rs.403
4. Profit of Rs.400

Q. The total amount of expenditures of the company is how many times of expenditure on research and development?

1. 27
2. 20
3. 18
4. 8

Q. A shopkeeper buys $80$ similar articles for $₹2400$ and sells them at a profit of $16$%. Find the selling price of each article.
[2 Marks]

Q.

A dishonest dealer claims to sell goods at their Cost Price. He uses a weight of 900 gms in place of 1 kilogram. His real gain % is :

1. 11.11%

2. 11%

3. 12.22%

4. 10%

Q.

What should be the SP of an item that costs ₹200 in order to make a profit of 50%?

1. ₹300

2. ₹210

3. ₹250

4. ₹270

Q. Alok sold his bicycle for ₹5500 and gets 10% profit. How much it should be sold to get 20% profit?