Profit and Loss Online Test 3

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Question : 1/20 20 : 00

On selling an article for Rs. 48, one loses 20%. In order to gain 20%, what would be the selling price ?

A. Rs. 52

B. Rs. 56

C. Rs. 68

D. Rs. 72

A person sells an article for Rs. 75 and gains as much percent as the cost price of the article in rupees. The cost price of the article is :

A. Rs. 37.50

B. Rs. 40

C. Rs. 50

D. Rs. 150

On selling an article for Rs. 19.50, a man gains 30%. In order to gain 40%, what will be the increase in its selling price ?

A. Rs. 1.95

B. Rs. 1.75

C. Rs. 1.50

D. Rs. 2.00

A merchant has 1000 kg of sugar, part of which he sells at 8% profit and the rest at 18% profit. He gains 14% on the whole. The quantity sold at 18% profit is :

A. 560 kg

B. 600 kg

C. 400kg

D. 640 kg

If the manufacturer gains 10%, the wholesale dealer 15% and the retailer 25%, then the cost of production of an article whose retail price is Rs. 1265, is :

A. Rs. 632.50

B. Rs. 800

C. Rs. 814

D. Rs. 834.34

By using a false weight, a dealer defrauds his customers by 5% in purchasing and by 5% in selling. His gain percent is :

A. 10%

B. 2.5%

C. 10.25%

D. None of these

If a watch is sold at Rs. 60, there is a loss of 15%. For a profit of 2%, the watch is to be sold at :

A. Rs. 70

B. Rs. 72

C. Rs. 75

D. Rs. 85

A shopkeeper claims to sell his articles at a discount of 10%, but marks his articles by increasing the cost of each by 20%. His gain percent is :

A. 6%

B. 8%

C. 10%

D. 12%

A dealer buys an article marked at Rs. 25000 with 20% and 5% off. He spends Rs. 1000 on its repairs and sells it for Rs. 25000. What is his gain or loss percent ?

A. Loss of 25%

B. Gain of 25%

C. Gain of 10%

D. Loss of 10%

If a man were to sell his chair for Rs. 720, he would lose 25%. To gain 25%, he should sell it for :

A. Rs. 1200

B. Rs. 1000

C. Rs. 960

D. Rs. 900

By selling 100 pencils, a shopkeeper gains the selling price of 20 pencils. His gain percent is :

A. 10%

B. 20%

C. 15%

D. 12%

A seller allows a discount of 5% on a watch. If he allows a discount of 7%, he earns Rs. 15 less in the profit. What is the marked price ?

A. Rs. 697.50

B. Rs. 712.50

C. Rs. 750

D. Rs. 817.50

An article is listed at Rs. 900 and two successive discounts of 8% and 8% are given on it. How much would the seller gain or lose, if he gives a single discount of 16%, instead of two discounts ?

A. Gain, Rs. 4.76

B. Loss, Rs. 5.76

C. Gain, Rs. 5.76

D. Loss, Rs. 4.76

The marked price of a radio is Rs. 1920. The shopkeeper allows a discount of 10% and gains 8%. If no discount is allowed, his gain percent would be :

A. 18%

B. 20%

C. 18.5%

D. 20.5%

On allowing a discount of 10% on its marked price the value of a watch is Rs. 1080. If no discount is allowed, the shopkeeper gains 20%. What is the marked price of the watch ?

A. Rs. 1000

B. Rs. 1200

C. Rs. 1296

D. None of these

A tradesman gives 4% discount on the marked price and gives 1 article free for buying every 15 articles and thus gains 35%. The marked price is increased above the cost price by :

A. 20%

B. 39%

C. 40%

D. 50%

What price should a shopkeeper mark on an article costing him Rs. 153 to gain 20%, after allowing a discount of 15% ?

A. Rs. 162

B. Rs. 184

C. Rs. 216

D. Rs. 224

A retailer allows a trade discount of 20% on the cost. By how much above the cost should the product be labelled for sale to gain 28% ?

A. 40%

B. 50%

C. 60%

D. 70%

Mukesh purchased 40 kg of wheat at Rs. 12.50 per kg and 25 kg of wheat at Rs. 15.10 per kg. He mixed the two qualities of wheat for selling. At what rate should it be sold to gain 10% ?

A. Rs. 13.25

B. Rs. 13.50

C. Rs. 14.75

D. Rs. 14.85

A dry-fruit seller mixes three varieties of walnuts costing Rs. 50, Rs. 20 and Rs. 30 per kg in the ratio 2 : 4 : 3 in terms of weight and sells the mixture at Rs. 33 per kg. What percentage of profit does he make ?

A. 8%

B. 9%

C. 10%

D. None of these

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Profit and Loss Online Test 3

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