Profit and Loss

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Question 1

Peter buys a bag at the price of Rs 27.50. After some days, he sells it at the price of Rs 28.90. What is the percentage of his gain?

  • 7.19%

  • 5.09%

  • 5.55%

  • 6.09%

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Question 2

Sam purchases a book at Rs 490 and sells it at Rs 465.50. What is the percentage of his loss?

  • 6%

  • 10%

  • 5%

  • 4%

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Question 3

A bookseller gains a profit of 10% after selling a book at the price of Rs 27.50. If it is sold at the price of Rs 25.75, find out the percentage of loss or profit on the book.

  • Profit 3%

  • Loss 4%

  • Profit 5%

  • Loss 2%

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Question 4

A shopkeeper sells an article at the price of Rs 1140 and incurs a loss of 5% on it. For him to gain a profit of 5% on the same article, at what price should the article be sold?

  • Rs 1200

  • Rs 1250

  • Rs 1260

  • Rs 1245

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Question 5

After selling 33 meters of a cloth, a shopkeeper makes a gain equal to the selling price of 11 meters of the cloth. What is the percentage of his gain?

  • 50%

  • 45%

  • 60%

  • 55%

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Question 6

For a shirt cost price is Rs. 400. Shopkeeper prints a tag on it with Markup% = 20% to earn a profit of 7.5%. What is markup?

  • 60

  • 40

  • 80

  • 100

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Question 7

For a shirt cost price = 400Rs. Shopkeeper prints a tag on it with Markup% = 20% to earn a profit of 7.5%. What is marked price.

  • 480

  • 500

  • 520

  • 600

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Question 8

For a shirt cost price = 400Rs. Shopkeeper prints a tag on it with Markup% = 20% to earn a profit of 7.5%. How much profit shopkeeper earns?

  • Rs 40

  • Rs 50

  • Rs 60

  • Rs 30

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Question 9

Cost Price of a shirt is Rs 400. Shopkeeper prints a tag on it with Markup% = 20% to earn a profit of 7.5%. What is selling price of the shirt?

  • 450

  • 430

  • 420

  • 460

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Question 10

Cost Price of a shirt is Rs 400. Shopkeeper prints a tag on it with Markup% = 20% to earn a profit of 7.5%. What is discount amount?

  • Rs 80

  • Rs 100

  • Rs 50

  • Rs 60

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There are 16 questions to complete.

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