Profit Loss Discount -practice
19 Questions
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Dear Learner, This Assessment consists of questions to test your understanding on - Profit Loss Discount You may attempt the same and clarify doubts in WP Group. / With your Faculty Member Regards, Team SHIVAM
Questions and Answers
- 1.1/3 rd of a commodity is sold at 15% profit, 1/4 th is sold at 20% profit and the rest at 24% profit. If total profit of Rs 62 is earned , find the value of the commodity
- A.
300
- B.
310
- C.
320
- D.
340
- 2.If goods be purchased for Rs 450, and 1/3 be sold at a loss of 10% , at what gain % the remainder be sold to gain 20% on the whole
- A.
25%
- B.
35%
- C.
45%
- D.
65%
- 3.A man buys 400 oranges at 4 a rupee and 500 oranges at 2 a rupee. He mixes and sells them at 3 a rupee. Find his % loss or gain
- A.
14-2/7 % Loss
- B.
15 - 2/7 % Gain
- C.
14 + 2/7 % Loss
- D.
None of the Answers
- 4.A man bought two tabs for Rs 6900. He sold one at 10% profit and the other at 20% profit aand found that each tab was sold at the same price. Find the cost price of the two tabs
- A.
2000, 3000
- B.
3600 , 3300
- C.
3600, 3000
- D.
4000, 3600
- 5.By selling toffees at 32 a rupee , a man loses 40%. How many for a rupee should he sell to gain 20%
- A.
14
- B.
16
- C.
18
- D.
29
- 6.A dealer bought a horse at 20% discount on its original price. He sold it at 40% increase on original price Find his profit %
- A.
65%
- B.
75%
- C.
86%
- D.
80%
- 7.A buys a horse for 9000. He sells it to B at 10% loss. Later B sells it back to A at 10% gain. Find A’s loss in the whole transaction
- A.
7%
- B.
8%
- C.
9%
- D.
10%
- 8.Two cows are sold at Rs 720 each , the 1st at 25% profit and the 2nd at 25% loss. What is the % loss or gain in the whole transaction
- A.
6.25% Loss
- B.
6.25% Gain
- C.
7.25 % Loss
- D.
8.2 % Gain
- 9.What will be the % profit after selling an article at a certain price if there is a loss of 12.5% , when the article is sold at half of the previous selling price ?
- A.
25%
- B.
45%
- C.
75%
- D.
85%
- 10.An article when sold for Rs 200 fetches 25% profit. What would be profit / loss % if 6 articles are sold for Rs 1056?
- A.
10% Loss
- B.
10 % Profit
- C.
5% Loss
- D.
5% Profit
- 11.An additional discount of 20% is given after giving a discount of 30%. If one pays Rs 1120 , find the listed price
- A.
3000
- B.
4000
- C.
2000
- D.
2400
- 12.2 chairs and 3 tables cost Rs 1025 . 3 chairs and 2 tables cost Rs 1100 . Find difference in cost of 1 table and 1 chair
- A.
75
- B.
35
- C.
125
- D.
None
- 13.A sells a horse to B for Rs 4860 losing 19%. B sells it to C at a price which would have given A 17% profit. Find B’s gain
- A.
2160
- B.
2610
- C.
1260
- D.
2260
- 14.Profit if sold at Rs 425 is same as loss if sold at Rs 355. Find the cost
- A.
385
- B.
390
- C.
395
- D.
400
- 15.Find CP of an article which on being sold at a gain of 12 % yields Rs 6 more than when it is sold at a loss of 12 %
- A.
30
- B.
25
- C.
20
- D.
24
- 16.Nitin bought a TV with 20% discount on marked price. Had he bought it with 25% discount he would have saved Rs 500. At what price did he buy the TV ?
- A.
5000
- B.
10000
- C.
8000
- D.
None of the Answers
- 17.Successive discounts of 10% , 20% and 40% is equal to a single discount of
- A.
50%
- B.
56.80%
- C.
70%
- D.
70.28%
- 18.A merchant makes 25% profit by selling mangoes at a certain price. If he charges Re 1 more on each mango , he would gain 50% , find the cost price of each mango
- A.
3
- B.
5
- C.
4
- D.
6
- 19.Oranges are bought at 21 for a rupee. How many must be sold a rupee to gain 5%
- A.
20
- B.
18
- C.
16
- D.
19
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