Cost Price and Selling Price

Q.

If selling price of an article is $Rs420$and profit is $20\%$. Find its cost price.

Q.

A man sells a bag at 6% profit. If he had sold it at 10% profit, he would have got ₹200 more. Find the selling price of the bag.

1. ₹5500

2. ₹5300

3. ₹5000

4. ₹6000

Q.

A cupboard bought for ₹ 2, 500 and sold at ₹ 3, 000. What is the profit or loss in the transaction? Also, find the profit percent or loss percent if it was sold for ₹ 2000.
[4 MARKS]

Q.

Nishu saves ₹ 120 from her pocket money. If she saves 10% of her pocket money, what is her pocket money? [3 MARKS]

Q. A shopkeeper gets a profit of $30\%$ by selling an article for 260 rupees. How much should the article be sold for in order to get profit of $50\%$?

1. 300
2. 260
3. 400
4. None of the above

Q.

If my selling price is less than my cost price, I make a ___ .

Q. If the cost price of a pen is ₹ 25 and the selling price is ₹ 75, then what is the profit %?

1. 300%
2. 50%
3. 100%
4. 200%

Q.

A fruit seller makes a profit of 20% on a box of apples. If the cost price of one box is ₹ 240 , find its selling price.

1. ₹ 296

2. ₹ 288

3. ₹ 300

4. ₹ 330

Q.

State whether the given statement is true or false:

Marked price is the price at which an article is sold.

1. True

2. False

Q.

The cost of an article is ₹ 15500 and ₹ 450 is spent on its repair. If the article is sold at a profit of 15% , then what is the selling price of the article?

1. 14682

2. 15342.5

3. 18000

4. 18342.5

Q.

An almirah is sold at ₹ $5225$ after allowing a discount of $5\%$ on the marked price. Calculate its marked price.

1. ₹$5000$
2. ₹$5500$
3. ₹$4500$
4. ₹$6000$

Q. A hat has a marked price of ₹560. An additional discount of 15% is allowed on the marked price. What is the selling price?

1. ₹486
2. ₹476
3. ₹500
4. ₹544

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

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

Q.

Question 72

In questions 60 to 79, state whether the statements are True or False.
By selling a book for ₹ 50, a shopkeeper suffers a loss of 10 %. The cost price of the book is ₹ 60.

Q. Rohan buys a cycle for ₹3300 and then sells it for ₹2500. He is said to have got a in this transaction.

1. profit
2. loss
3. discount

Q. The cost of an article is ₹15000 and ₹500 is spent on its repair. If the article is sold at a profit of 20%, then what is the selling price of the article?

1. 18600

Q. Cost price of a mobile is 1200 rupees and selling price is 1800 rupees. Find profit percent.

1. 50%
2. 25%
3. 40%
4. 60%

Q.

Meet saves ₹ 4000 from her salary. If this is $10\%$ of her salary. What is her salary and also find her net expenditure? However, Meet wanted to buy a bike, so she started to save $30\%$ of her salary. How much is she saving now? [4 MARKS]

Q.

While watching TV Ted came across an advertisement by Flipkart, The "Big Billion Day SALE". Ted wanted to know what ‘sale’ is and his mum told him that we get discounts during sales.

Ted’s mum selected a T-shirt for him as his birthday present during the sale which costs Rs.1625 and has 40% discount. What is the final amount she had to pay for the T-shirt?

1. Rs. 1225

2. Rs. 975

3. Rs. 650

4. Rs. 1025

Q. Select all terms associated with Buying and Selling

1. Cost Price
2. Selling Price
3. Golden Ratio
4. Profit

Q.

If a trader sells two cars each at Rs. 404415 and gains 15% on the first and loses 15% on the second, then find his profit or loss percent on the whole transaction?

Q. If a trader sold two cars each at Rs. 325475 and gains 12% on the first and loses 12% on the second, then his profit or loss percent on the whole transaction?

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 man bought $15$ mangoes for a rupee. How many mangoes were sold for a rupee so that there is a loss of $25\%$?

1. $10$
2. $12$
3. $18$
4. $20$

Q. Dev sold a carpet for ₹5460 with a profit of ₹238. The cost price of the carpet was

1. ₹5222
2. ₹5698
3. ₹5128

Q.

A fruit seller makes a profit of 20% on a box of apples. If the cost price of one box is ₹ 240 , find its selling price.

1. ₹ 296

2. ₹ 288

3. ₹ 300

4. ₹ 330

Q.

A man sells a bag at 6% profit. If he had sold it at 10% profit, he would have got ₹200 more. Find the selling price of the bag.

1. ₹5000

2. ₹5300

3. ₹6000

4. ₹5500

Q.

A bicycle dealer buys 30 Razorback cycles for ₹ 48000. Of these, 10 are with gears and the rest are without gears. At what price must he sell each geared cycle so that if he sells the non - geared ones at 3/4th of their cost price, he makes a profit of 40% on his total outlay.

1. ₹ 4320

2. ₹ 4520

3. ₹ 5020

4. ₹ 4200

Q. Mia sold a ring to her friend for ₹7600 which she had bought from an exhibition for ₹9000. What is the cost price of the ring for her friend?

1. ₹1400
2. ₹7600
3. ₹9000
4. ₹6700

Q.

Dinesh sold his motorcycle to Naveen at a loss of $28\%$Naveen spent $Rs.1680$ on its repair and sold the motorcycle to Saran for $Rs.35,910$ making a profit of $12.5\%$ Find cost of the motorcycle for Dinesh.