Profit and Loss Percentage

Q.

By selling 66 metres of cloth, a person gains the cost of 22 metres. Find his profit %.

1. 40%

2. 30%

3. 35%

4. 33.33%

Q.

A T.V. set of $Rs12000$is sold at a profit of $10\%.$ Find its selling price.

Q.

Find the profit or loss per cent if $CP$ is $\frac{3}{5}th$ of its $SP$.

Q.

Robin purchased an old car for ₹73500. He spent ₹10300 on repairs and paid ₹2600 for its insurance. Then he sold it to a mechanic for ₹84240. What was his percentage gain or loss? Hint: overheads = ₹ 10300 + ₹ 2600 = ₹ 12900

Q.

A calculator is sold for Rs 345 at a profit of 15%. Find the cost price of the calculator. At what price must it be sold to earn a profit of 25%?​

Q. Sudhir bought an almirah for ₹13, 600 and spent ₹400 on its transportation. He sold it for ₹16, 800. Find his gain percent.

Q.

Question 44

In questions 24 to 59, fill in the blanks to make the statements true.

If 20 lemons are bought for₹ 10 and sold at 5 for three rupees, then ___ in the transaction is ___ % .

Q. Ravi buys a car worth ₹4.5 lakhs. The car's value depreciates by 20% each year. He drives it for 2 years and sells it for ₹3 lakhs. Find his overall profit or loss % in this transaction.

1. 5.33%
2. 3.75%
3. 5.86%
4. 4.16%

Q.

Amount is the sum of the initial principal and the interest levied for certain number of years. Say true or false.

1. True

2. False

Q.

Juhi sold a washing machine for ₹ 13, 500 at the loss of $20\%$. Find the cost price of the washing machine. At what price she must sell to gain 20$\%$?
[4 MARKS]

Q. The cost price of a pen is ₹ 12. But the shopkeeper sold it for ₹ 18. The percentage of profit obtained by the shopkeeper is ________%.

1. 50

Q.

Sohan bought a second-hand refrigerator for ₹ 2500 and spent ₹ 1500 on repairs. He then sold it for ₹ 3300. What is the gain or loss%?

1. 10% gain

2. 22.5% loss

3. 17.5% Loss

4. 10% loss

Q. The CP of 25 articles is equal to the SP of 20 articles. Then total gain $\%$ is _______.

1. 30%
2. 25%
3. 20%
4. 50%

Q. A shopkeeper sells 80 pens for ₹7, 200 at the profit of ₹10 per pen. What is the profit percentage?

1. 11%
2. 25%
3. 10%
4. 12.5%

Q. Find the amount of loan to be paid back if the sum borrowed is ₹10, 000, at the rate of 11% p.a. simple interest for 3 years.

1. 13300

Q.

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

1. ₹29.8

2. ₹26.8

3. ₹34.8

4. ₹24.8

Q.

In a college, there are 10 periods per day each of 40 minutes. Students were shouting to reduce the number of periods but the Principal doesn't want to reduce the working hour. How will you help the Principal to reduce the number of periods to 8 without changing the total working hours?

1. 30 minutes

2. 55 minutes

3. 50 minutes

4. 45 minutes

Q. Ashish borrowed ₹10, 000 from Amit at a simple interest rate of 7% per annum for 18 months. He has to pay to Amit at the end of 18 months.

1. ₹11, 050
2. ₹12, 050
3. ₹15, 550

Q.

The cost price of a pen is ₹12. But the shopkeeper sold it for ₹18. What is the percentage of profit obtained by the shopkeeper?

1. 75%

2. 65%

3. 25%

4. 50%

Q.

A man bought 2 shirts, which together cost him ₹ 480. He sold one of them at a loss of 15% and the other at a gain of 19%. If the selling price of both the shirts are equal, find the cost price of the lower priced shirt.

1. ₹ 200

2. ₹ 250

3. ₹ 180

4. ₹ 280

Q.

A sells a radio to B at a loss of 20%, B sells it to C at a loss of 30% and C sells it to D at a loss of 10%. If A pays ₹ 2000, then the Cost Price for D is :

1. ₹ 1200

2. ₹ 1500

3. ₹ 1008

4. ₹ 948

Q. Find the amount of loan to be paid back if the sum borrowed is ₹10, 000, at the rate of 11% p.a. simple interest for 3 years.

1. 13300

Q.

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

1. ₹29.8

2. ₹26.8

3. ₹34.8

4. ₹24.8

Q. Aditi took a loan of ₹1, 50, 000 from a bank at interest of 10% per annum. Calculate the simple interest that she has to pay after 5 years.

Q. You have deposited ₹1000 in the bank. There is a 7% interest on it every year. How much money will you have after 5 years?

1. ₹350
2. ₹70
3. ₹1350
4. ₹1070

Q. You have deposited ₹1000 in the bank. There is a 7% interest on it every year. How much money will you have after 5 years?

1. ₹350
2. ₹70
3. ₹1350
4. ₹1070

Q. If Harish earns simple interest of ₹1000 by lending money to his friend at an interest of 10% per annum for 5 years, then find the money lent by him.

1. 2000

Q. If the cost price of 15 pens is equal to the selling price of 20 pens . Find the profit or loss percent ?

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. 18342.5

4. 18000

Q.

Sohan bought a second-hand refrigerator for ₹ 2500 and spent ₹ 1500 on repairs. He then sold it for ₹ 3300. What is the gain or loss%?

1. 22.5% loss

2. 17.5% Loss

3. 10% gain

4. 10% loss