Profit and Loss-Test 1

A dealer offers a cash discount of 20% and still makes a profit of 20%, when he further
allows 16 articles to a dozen to a particularly sticky bargainer. How much
per cent above the cost price were his wares listed ?

Profit earned by an organisation is distributed among officers and clerks in the
ratio of 5 : 3. If the number of officers is 55 and the number of clerks is 70 and the
amount received by each officer is Rs12,000, what was the total amount of
profit earned?

The percentage profit earned by selling an article for Rs. 2120 is equal to the percentage loss incurred by selling the same article for Rs. 1520. At what price should the article be sold to make 25% profit?

A purchased a machine at Rs 13,000 , then got it repaired at Rs 3500, they gave its
transportation charges Rs500. Then he sold it at 50% profit. At what price he actually
sold it?

In a certain store, the profit is 270% of the cost. If the cost increases by 30% but the
selling price remains constant, approximately what %ge of the selling price is the profit.

A Shopkeeper buys two bicycles for Rs. 750. He sells first bicycle at a profit of 22%
and the second bicycle at a loss of 8%. What is the SP of first bicycle if in the whole transaction there is no profit no loss?

The cost price of item B is Rs. 200/- more than the cost price of item A. Item A was
sold at a profit of 20% and item B was sold at a loss of 30%. If the respective ratio of
selling prices of items A and B is 6 : 7, what is the cost price of item B?

Two Mangoes, three grapes and four apples cost Rs. 15. Three Mangoes, two grapes and one apple cost Rs. 10. I bought 3 Mangoes, 3 grapes and 3 apples. How much did I pay?

A watch dealer incurs an expense of Rs. 150 for producing every watch. He also incurs an additional expenditure of Rs. 30,000, which is independent of the number of watches produced. If he is able to sell a watch during the season, he sells it for Rs. 250. If he fails to do so, he has to sell each watch for Rs. 100.If he produces
1500 watches, what is the number of watches that he must sell during the season in order to breakeven, given that he is able to sell all the watches produced?

A person X sold an Item to Y at 40% loss, then Y sold it to third person Z at 40%
profit and finally Z sold it back to X at 40% profit. In this whole process what is the
percentage loss or profit of X?

If Joel sells an article at 4/5th of its selling price and secures a profit of 20%, what will
be the profit or loss percentage if he sells it at the actual selling price?

A product costs a company Rs 60 to manufacture, and it sold the product to a
dealer for Rs 70, who in turn sold it to a shopkeeper for Rs 85, who sold to a
customer for Rs 102. What is the percentage of profit for the company and
who made the highest profit on selling the product?

Navya buys a certain number of toys at 12 per Rs 9 and the same number at 18 per Rs
9. If she sells them at 18 per Rs15 does she gain or lose and by what percentage?

A shopkeeper sells Marker at the rate of Rs.35 each and earns a commission of
10%. He also sells Gel pen at the rate of Rs. 65 each and earns a commission of
20%. How much amount (in rupees) of commission will he earn in 2 weeks, if he
sells 12 markers and 8 Gel pens a day?

A discount of 20% is given on the marked price of an article. The shopkeeper charges
sales tax of 10% on the discounted price. If the selling price be Rs 1848, what is the
marked price (in rupees) of the article?

A calculate his profit %ge on the selling price whereas B calculate his on the cost
price. They find that the difference of their profit is Rs 150. If the selling price of both
of them are same and both of them get 20% profit, find their selling price (in rupees).

A person sells two fans for Rs. 6800. The cost price of the first fan is equal to the
selling price of the second fan. If the first is sold at 30% loss and the second at 100%
gain, what is total profit or loss (in rupees)?

A dealer allowed a discount of 25% on marked price of Rs.20,000 on an article and
incurred a loss of 20%. What discount should he allow on the marked price so that
he gains Rs.450 on the article?

A dealer marked the price of an item 20% above cost price. He allowed two
successive discounts of 20% and 25% to a customer. As a result he incurred a loss of
Rs.1400. At what price (in rupees) did he sell the item to the customer?

A reputed company sells a wrist watch to a wholesaler making a profit of 10%. The
wholesaler, in turn, sells it to the retailer making a profit of 10%. A customer
purchases it by paying Rs. 990. Thus the profit of retailer is 2(3/11)% What is the
cost (in rupees) incurred by the the company to produce it?

A dealer buys a product at Rs. 1920 , he sells at a discount of 20% still he gets the
profit of 20% . What is the selling price of that product?

The ratio of cost price and marked price of an article is 2:3 and ratio of percentage
profit and percentage discount is 3:2. What is the discount

A firm of readymade garments makes both men’s and women’s shirts. Its average
profit is 6% of the sales. Its profit in men’s shirts average 8% of the sales and women’s
shirts comprise 60% of the output. Find the average profit per sales rupee in women’s
shirts .

A shopkeeper marks his goods 20% above his cost price and gives 15% discount on the marked price. Find his gain%.

A, B and C invest in the ratio of 3 : 4 :5 . The percentage of return on their
investments are in the ratio of 6 : 5 : 4 . Find the total earnings, if B earns Rs. 250
more than A.