Profit and Loss Online Test 2

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Question : 1/20 20 : 00

A man sold an article at a loss of 20%. If he sells the article for Rs. 12 more, he would have gained 10%. The cost price of the article is :

A. Rs. 60

B. Rs. 40

C. Rs. 30

D. Rs. 22

By selling 36 oranges, a vendor loses the selling price of 4 oranges. His loss percent is :

A. 12.5%

B. 11%

C. 10%

D. None of these

By selling a tape-recorder for Rs. 950, I lose 5%. What percent shall I gain by selling it for Rs. 1040 ?

A. 4%

B. 4.5%

C. 5%

D. 9%

A machine was sold at a gain of 10%. Had it been sold at Rs. 80 less, the seller would have lost 10%. What is the cost price of the machine ?

A. Rs. 350

B. Rs. 400

C. Rs. 450

D. Rs. 520

A sold a watch to B at 20% gain and B sold it to C at a loss of 10%. If C bought the watch for Rs. 216, at what price did A purchase it ?

A. Rs. 200

B. Rs. 216

C. Rs. 250

D. Rs. 176

At what price must Kantilal sell a mixture of 80 kg rice at Rs. 6.75 per kg with 120 kg at Rs. 8 per kg to gain 20% ?

A. Rs. 7.50 per kg

B. Rs. 8.20 per kg

C. Rs. 8.85 per kg

D. Rs. 9 per kg

The ratio of cost price and selling price of an article is 20 : 21. What is the profit percent on it ?

A. 5%

B. 5.5%

C. 6%

D. 6.25%

A sofa set carrying a sale price ticket of Rs. 5000 is sold at a discount of 4%, thereby gaining 20%. The trader's cost price of the sofa set is :

A. Rs. 3600

B. Rs. 3800

C. Rs. 4000

D. Rs. 4200

A pen is listed for Rs. 12. A discount of 15% is given on it. A second discount is given bringing the price down to Rs. 8.16. The rate of second discount is :

A. 15%

B. 18%

C. 20%

D. 25%

Amit sold an umbrella for Rs. 680, losing 15%. The cost price of the umbrella is :

A. Rs. 782

B. Rs. 800

C. Rs. 578

D. None of these

Mohan bought 20 dining tables for Rs. 12000 and sold them at a profit equal to the selling price of 4 dining tables. The selling price of each dining table is :

A. Rs. 700

B. Rs. 750

C. Rs. 725

D. Rs. 775

A shopkeeper offers his customers 10% discount and still makes a profit of 26%. What is the actual cost of an article for him, marked Rs. 280 ?

A. Rs. 175

B. Rs. 200

C. Rs. 215

D. Rs. 225

A company offers three types of successive discounts.
1^st : 25% and 15%
2^nd : 30% and 10%
3^rd : 35% and 5%
Which offer is better for a customer ?

A. 1^st

B. 2^nd

C. 3^rd

D. All are equal

A retailer buys a sewing machine at a discount of 15% and sells it for Rs. 1955. Thus, he makes a profit of 15%. The discount is :

A. Rs. 270

B. Rs. 290

C. Rs. 300

D. None of these

On reducing the marked price of an article by Rs. 32, a shopkeeper gains 15%. If the cost price of the article be Rs. 320 and it is sold at the marked price, what will be the gain percent ?

A. 10%

B. 20%

C. 25%

D. None of these

The price of an article is raised by 30% and then two successive discounts of 10% each are allowed. Ultimately, the price of the article is :

A. decreased by 3%

B. decreased by 5.3%

C. increased by 5.3%

D. increased by 10%

A trader marked the price of his commodity so as to include a profit of 25%. He allowed a discount of 16% on the marked price. His actual profit was :

A. 5%

B. 9%

C. 16%

D. 25%

A trader marked the selling price of an article at 10% above the cost price. At the time of selling, he allows certain discount and suffers a loss of 1%. The discount allowed is :

A. 9%

B. 10%

C. 10.5%

D. 11%

By selling a table for Rs. 350 instead of Rs. 400, loss percent increases by 5%. The cost price of the table is :

A. Rs. 435

B. Rs. 417.50

C. Rs. 1000

D. Rs. 1050

A dairyman buys milk at Rs. 6.40 per litre. He adds water and sells the mixture at Rs. 8 per litre, thereby making 37.5% profit. The proportion of water to milk received by the customer is :

A. 1 : 10

B. 1 : 12

C. 1 : 15

D. 1 : 20

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Profit and Loss Online Test 2

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