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Profit and Loss 30 Questions Csat

The document contains a series of profit and loss problems, each presenting a scenario involving buying and selling items with various percentages of profit or loss. It includes questions related to calculating overall profit/loss, gain percentages, selling prices, and discounts. Each question is followed by multiple-choice answers.

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subashreebaskaran06
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49 views15 pages

Profit and Loss 30 Questions Csat

The document contains a series of profit and loss problems, each presenting a scenario involving buying and selling items with various percentages of profit or loss. It includes questions related to calculating overall profit/loss, gain percentages, selling prices, and discounts. Each question is followed by multiple-choice answers.

Uploaded by

subashreebaskaran06
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Profit and loss

1. Rajni purchased a mobile phone and a refrigerator for 12000


and 10000 respectively. She sold the refrigerator at a loss of 12
percent and the mobile phone at a profit of 8 percent. What is
her overall loss/profit?
a) Loss of 280
b) Loss of 240
c) Profit of 2060
d) Profit of 2160
e) None of these

2. A shopkeeper purchased 70 kg of potatoes for 420 and sold the


whole lot at the rate of 6.50 per kg. what will be his gain
percent?
a) 4 1/6%
b) 6 ¼%
c) 8 1/3%
d) 20%
3. Sam purchased 20 dozens of toys at the rate of 375 per dozen.
He sold each one of them at the rate of 33. What was his
percentage profit?
a) 3.5
b) 4.5
c) 5.6
d) 6.5
e) None of these

4. If an article is sold at 200 percent profit, then the ratio of its


cost price to its selling price will be
a) 1:2
b) 2:1
c) 1:3
d) 3:1
5. A trader sells an article and loses 12 ½%. The ratio of cost price
to the selling price is
a) 7:8
b) 9:8
c) 8:7
d) 8:9

6. A person purchased 10 dozen pens at the rate of 4 per dozen.


On checking, he found that 20 pens were not working. In order
to earn 25% profit, he should sell the remaining pens each at
a) 40 paise
b) 44 paise
c) 50 paise
d) 55 paise
7. Jacob bought a scooter for a certain sum of money. He spent
10% of the cost on repairs and sold the scooter for a profit of
1100. How much did he spend on repairs if he made a profit of
20%?
a) 400
b) 440
c) 500
d) 550

8. A fruitseller sells mangoes at the rate of 9 per kg and thereby


loses 20%. At what price per kg, he should have sold them to
make a profit of 5%?
a) 11.81
b) 12
c) 12.25
d) 12.31
9. By selling an article at some price, a man gains 10%. If the
article is sold at twice of the price, the gain percent will be
a) 20%
b) 60%
c) 100%
d) 120%

10. In a certain store, the profit is 320% of the cost. If the cost
increases by 25% but the selling price remains constant,
approximately what percentage of the selling price is the
profit?
a) 30%
b) 70%
c) 100%
d) 250%
11. Ashok buys a car at 20% discount of the price and sells it
at 20% higher price. His percentage gain is
a) 20%
b) 40%
c) 50%
d) 66 2/3%

12. The profit earned by selling an article for 900 is double


the loss incurred when the same article is sold for 450. At what
price should the article be sold to make 25% profit?
a) 600
b) 750
c) 800
d) Data inadequate
13. If the cost price of 15 books is equal to the selling price of
20 books, the loss percent is
a) 16
b) 20
c) 24
d) 25

14. The cost price of 20 articles is the same as the selling price
of x articles. If the profit is 25%, then the value of x is
a) 15
b) 16
c) 18
d) 25
15. Mohan bought 20 dining tables for 12000 and sold them
at a profit equal to the selling price of 4 dining tables. The
selling price of 1 dining table is
a) 700
b) 725
c) 750
d) 775

16. A person buys certain number of marbles at 20 per rupee


and an equal number at 30 per rupee. He mixes them and sells
them at 25 per rupee. His gain or loss in the transaction is
a) 2% loss
b) 2% gain
c) 4% loss
d) 4% gain
17. Ram bought 1600 eggs at 3.75 a dozen. He sold 900 of
them at 2 for 1 and the remaining at 5 for 2. His percent gain or
loss is
a) 40%
b) 42%
c) 45%
d) 46%

18. By selling 45 lemons for 40, a man loses 20%. How many
should he sell for 24 to gain 20% in the transaction?
a) 16
b) 18
c) 20
d) 22
19. Manish purchased 25 kg of rice @ 32 per kg and 15 kg of
rice @ 36 per kg. He mixed the two varieties of rice and sold it
@ 40.20 per kg. what is the percent profit earned?
a) 20
b) 25
c) 30
d) 40

20. A person blends two varieties of tea-one costing 160 per


kg and the other costing 200 per kg in the ratio 5:4. He sells the
blended variety at 192 per kg. His profit percent is
a) 8
b) 9
c) 10
d) 12
21. A fruit seller professes to sell his fruits at cost price, but
still gains 25% on his outlay. What weight does he substitute for
a kilogram?
a) 800 gm
b) 850 gm
c) 890 gm
d) 900 gm

22. A dealer professes to sell his goods at cost price but he


uses a false weight of 950 grams for a kilogram. The gain
percent of the dealer is
a) 4 5/19%
b) 5%
c) 5 5/19%
d) 19 1/5%
23. 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 (in kg) sold at 18% profit is
a) 400
b) 560
c) 600
d) 640

24. In a shop, 80% of the articles are sold at a profit of 10%


and the remaining at a loss of 40%. What is the overall
profit/loss?
a) 10% profit
b) 10% loss
c) 5% loss
d) No profit no loss
25. A fruitseller has 24 kg of apples. He sells a part of these at
a gain of 20% and the balance at a loss of 5%. If on the whole
he earns a profit of 10%, the amount of apples sold at a loss is
a) 4.6 kg
b) 6 kg
c) 9.6 kg
d) 11.4 kg

26. A T-shirt bought for 50 is marked at 8 percent profit and


then sold at a 10 percent sales discount on marked price. What
is the selling price of the T-shirt?
a) 48
b) 50
c) 52
d) None of these
27. A discount of 15% on one article is the same as a discount
of 20% on another article. The costs of the two articles can be
a) 40, 20
b) 60, 40
c) 80, 60
d) 60, 40

28. If the S.P. of 24 results in a 20% discount on list price,


what S.P. would result in a 30% discount on list price?
a) 18
b) 20
c) 21
d) 27
29. After successive discounts of 12% and 5% an article was
sold for 209. What was the original price of the article?
a) 226
b) 250
c) 252
d) 269

30. Successive discounts of 10%, 12% and 15% amount to a


single discount of
a) 32.68%
b) 35.28%
c) 36.68%
d) None of these

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