Test: Profit & Loss- 4 - CAT MCQ

A shopkeeper sells his goods at its CP only. But he uses 750 grams weight at the place of 1000 gms weight for a kg. What is his net profit percentage?

A wholeseller supplies few chips to a retailer every year. Each chip costs Rs 10,000 to the wholeseller. 5% of the chips are defective and they are to be replaced without charging anything extra. If the wholeseller still makes a profit of 20%, at what price is he selling it to retailer?

A shopkeeper wrongly calculates his profit on SP and finds it to be 25%. What is the actual profit percentage?

A shopkeeper sells two cows in such a way that CP of first cow is equal to the SP of second cow and SP of first cow is equal to the CP of second cow. Which of the following is final result after the whole transaction?

Vinit sells a car to Amit at a profit of 20%. Now Amit sells this car to Vicky at a profit of 12%. And finally Vicky sells this car to Nishu at a loss of 21%. What is the sum of CPs of Amit and Nishu?

Amilkman professes to sell milk at its CP only. But still he is making a profit of 20% since he has mixed some amount of water in the milk. What is the percentage of milk in the mixture?

While I was shopping in Kamla Nagar market for my baby girl Tatto, I came across two shopkeepers who were giving me a discount of same amount for a top. While first shopkeeper was offering a discount of 14.28%, second shopkeeper was offering a discount of 12.5% over their respective mark-ups. Whose cost price is higher?

A shopkeeper purchases his goods at a discount of 10% on the list price. He normally gives a discount of 6% to his customers. If during a special scheme, he gets an additional discount of 2% on his purchase price, find his approximate profit percentage.

Anam bought a jute bag at 30% discount on the list price. He then sold it at a price which is 160% of the list price thereby making a profit of Rs 81. What is the list price of the bag?

Santa Singh, the local fruit vendor, buys a certain number of oranges at Rs 7 a dozen and equal number at Rs 6 a dozen. He sells the oranges at Rs 7.50 a dozen and makes a profit of Rs 80. How many oranges does he buy?

Two lots of oranges with equal quantity, one costing Rs 20 per dozen and the other costing Rs 30 per dozen, are mixed together and the whole lot is sold at Rs 24 per dozen. Then what is the profit or loss?

Navneet is a bananawallah who buys a gross of bananas at Rs 10 a dozen. During transport and storage two dozen bananas get spoilt. If Navneet spends 10% of his outlay on transport costs and wants an overall profit of 20%, at what price must he sell a dozen bananas?