Profit and Loss Online Test 4

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Question : 1/20 20 : 00

A man sold two pipes at Rs. 12 each. On one he gained 20% and on the other lost 20%. On the whole, he :

A. neither gained nor lost

B. gained Rs. 1

C. lost Rs. 1

D. gained Rs. 2

The cost price of two dozen bananas is Rs. 32. Alter selling 18 bananas at Rs. 12 per dozen, the shopkeeper reduced the rate as Rs. 4 per dozen The loss percent is :

A. 25.2%

B. 32.4%

C. 36.5%

D. 37.5%

On selling an article at a certain price, a man gains 10%. On selling the same article at double the price, gain percent is :

A. 20%

B. 100%

C. 120%

D. 140%

A shopkeeper sells a pair of sunglasses at a profit of 25%. If he had bought it at 25% less and sold it for Rs. 10 less, then he would have gained 40%. The cost price of the pair of sunglasses is :

A. Rs. 25

B. Rs. 50

C. Rs. 60

D. Rs. 75

A man sold two steel chairs for Rs. 500 each. On one, he gains 20% and on the other, he loses 12%. How much does he gain or lose in the whole transaction ?

A. 1.5% gain

B. 2% gain

C. 1.5% loss

D. 2% loss

Mr Chatteriee bought a car at 15% discount on original cost. He then sold it with 20% profit on its purchase price. What percentage profit did he make on the original price ?

A. 2%

B. 5%

C. 12%

D. 17%

On selling an article at Rs. 1060, the gain is 20% more than the loss incurred on selling it at Rs. 950. In order to gain 20%, the selling price will be :

A. Rs. 980

B. Rs. 1080

C. Rs. 1800

D. None of these

A dealer offers a discount of 10% on the marked price of an article and still makes a profit of 20%. If its marked price is Rs. 800, then the cost price is :

A. Rs. 600

B. Rs. 700

C. Rs. 800

D. Rs. 900

Successive discounts of 10% and 20% are equivalent to a single discount of :

A. 15%

B. 28%

C. 30%

D. None of these

A man sells his typewriter at 5% loss. If he sells it for Rs. 80 more, he gains 5%. The cost price of the typewriter is :

A. Rs. 1600

B. Rs. 1200

C. Rs. 1000

D. Rs. 800

Ravi buys some toffees at 2 for a rupee and sells them at 5 for a rupee. His loss percent is :

A. 120%

B. 90%

C. 30%

D. 60%

A shopkeeper sold an air-conditioner for Rs. 25935 with a discount of 9% and earned a profit of 3.74%. What would have been the percentage of profit earned if no discount were offered ?

A. 12.3%

B. 15.6%

C. 16%

D. None of these

A shopkeeper gives two successive discounts on an article marked Rs. 450. The first discount given is 10%. If the customer pays Rs. 344.25 for the article, the second discount given is :

A. 10%

B. 12%

C. 14%

D. 15%

A trader lists his articles 20% above cost price and allows a discount of 10% on cash payment. His gain percent is :

A. 10%

B. 8%

C. 6%

D. 5%

An item is marked for Rs. 240 for sale. If two successive discounts of 10% and 5% are allowed on the sale price, then the selling price of the article is :

A. Rs. 34.80

B. Rs. 36

C. Rs. 204

D. Rs. 205.20

A shopkeeper earns a profit of 15% after selling a book at 20% discount on the printed price. The ratio of the cost price and the printed price of the book is :

A. 16 : 23

B. 20 : 23

C. 23 : 16

D. 23 : 20

An uneducated retailer marks all his goods at 50% above the cost price and thinking that he will still make 25% profit, offers a discount of 25% on the marked price. What is his actual gain percent ?

A. 12.5%

B. 15%

C. 20%

D. 25%

A shopkeeper sells a badminton racket whose marked price is Rs. 30, at a discount of 25% and gives a shuttle cock costing Rs. 1.50 free with each racket. Even then he makes a profit of 20%. His cost price per racket is :

A. Rs. 19.75

B. Rs. 20

C. Rs. 21

D. Rs. 21.25

Ramlal purchased 120 reams of paper at Rs. 100 per ream and the expenditure on transport was Rs. 480. He had to pay an octroi duty of 50 paise per ream and the coolie charges were Rs. 60. What should he charge per ream to gain 20% ?

A. Rs. 105

B. Rs. 115.50

C. Rs. 120

D. Rs. 126

Pure ghee costs Rs. 100 per kg. After adulterating it with vegetable oil costing Rs. 50 per kg, a shopkeeper sells the mixture at Rs. 96 per kg, thereby making a profit of 20%. In what ratio does he mix the two ?

A. 1 : 2

B. 3 : 2

C. 3 : 1

D. None of these

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Profit and Loss Online Test 4

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