Profit and Loss Online Test 5

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Question : 1/20 20 : 00

If an article is sold at a gain of 5% instead of being sold at a loss of 5%, one gets Rs. 5 more. What is the cost price of the article ?

A. Rs. 100

B. Rs. 105

C. Rs. 110

D. Rs. 50

A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20% ?

A. 3

B. 4

C. 5

D. None of these

A man sells an article at 12.5% loss. Had he sold it for Rs. 103.60 more, he could have gained 6%. What is the C.P. of the article ?

A. Rs. 278.60

B. Rs. 350

C. Rs. 432

D. Rs. 560

A trader buys some goods for Rs. 150, If the overhead expenses be 12% of cost price, then at what price should it be sold to earn 10% ?

A. Rs. 184.80

B. Rs. 185.80

C. Rs. 187.80

D. Rs. 188.80

The total cost price of two watches is Rs. 840. One is sold at a profit of 16% and the other at a loss of 12%. There is no loss or gain in the whole transaction. The cost price of the watch on which the shopkeeper gains, is :

A. Rs. 360

B. Rs. 370

C. Rs. 380

D. Rs. 390

Two-thirds of a consignment was sold at a profit of 6% and the rest at a loss of 3%. If there was an overall profit of Rs. 540, the value of the consignment was :

A. Rs. 15000

B. Rs. 16000

C. Rs. 18000

D. None of these

Due to 25% fall in the rate of eggs, one can buy 2 dozen eggs more than before by investing Rs. 162. What was the original rate per dozen ?

A. Rs. 22

B. Rs. 24

C. Rs. 27

D. Rs. 30

The marked price of a shirt and trousers are in the ratio 1 : 2. The shopkeeper gives 40% discount on the shirt. If the total discount on both is 30%, the discount offered on the trousers is :

A. 15%

B. 20%

C. 25%

D. 30%

A single discount equivalent to successive discounts of 30%, 20% and 10% is :

A. 50%

B. 51%

C. 49.4%

D. 49.6%

Ram bought 1600 eggs at Rs. 3.75 per dozen. He sold 900 of them at 2 for Rs. 1 and the remaining at 5 for Rs. 2. His gain percent is :

A. 40%

B. 45%

C. 42%

D. 46%

A fruitseller buys lemons at 2 for a rupee and sells them at 5 for 3 rupees. His gain percent is :

A. 10%

B. 15%

C. 20%

D. 25%

The marked price of an electric iron is Rs. 690. The shopkeeper alllows a discount of 10% and gains 8%. If no discount is allowed, his gain percent would be :

A. 20%

B. 24%

C. 25%

D. 28%

A fan is listed at Rs. 1500 and a discount of 20% is offered on the list price. What additional discount must be offered to the customer to bring the net price to Rs. 1104 ?

A. 8%

B. 10%

C. 12%

D. 15%

The marked price of an article is 10% more than the cost price and a discount of 10% is given on the marked price. In this kind of sale, the seller :

A. bears no loss and no gain

B. gains 1%

C. loses 1%

D. None of these

A shopkeeper sells his goods at 10% discount on the marked price. What price should he mark on an article that costs him Rs. 900 to gain 10% ?

A. Rs. 1100

B. Rs. 1175

C. Rs. 1250

D. Rs. 1275

The cost price of an article is 64% of the marked price. What is the gain percent if a discount of 12% is allowed ?

A. 37.5%

B. 48%

C. 50.5%

D. 52%

A shopkeeper allows a discount of 10% on the marked price of an item but charges a sales tax of 8% on the discounted price. If the customer pays Rs. 680.40 as the price including the sales tax, then what is the marked price of the item ?

A. Rs. 630

B. Rs. 700

C. Rs. 780

D. None of these

A merchant purchases a wrist watch for Rs. 450 and fixes the list price in such a way that after allowing a discount of 10% he earns a profit of 20% The list price of the watch is :

A. Rs. 500

B. Rs. 600

C. Rs. 700

D. Rs. 750

A shopkeeper bought pens at the rate of 8 pens for Rs. 34 and sold them at 12 pens for Rs. 57. The number of pens, that he should sell to have a profit of Rs. 900, must be :

A. 1400

B. 1600

C. 1800

D. 2000

A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain or loss percent is :

A. no profit, no loss

B. 20% gain

C. less than 20% gain

D. more than 20% gain

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Profit and Loss Online Test 5

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