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Test: Profit and Loss- 2 - Question 1

A retailer sold 12 notes at a profit of 20% and 8 notes at a profit of 10%. If he had sold all the 20 notes at a profit of 15%, then his profit would have been reduced by Rs.36. What is the cost price of each note?

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Test: Profit and Loss- 2 - Question 2

The profit Percentage on 3 bikes are 15%, 35% and 10% and the ratio of CP is 5:3:1. Also the ratio of the Bike sold of P, Q and R is 2:3:5. Then the overall approximate Profit Percentage is?

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Test: Profit and Loss- 2 - Question 3

When a shopkeeper reduces the selling price of an article from 1180 to 1126 his loss increases by 5% . What is the cost price of article?

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Test: Profit and Loss- 2 - Question 4

A and B, there are two companies, selling the packs of cold-drinks. For the same selling price A gives two successive discounts of 10% and 25%. While B sells it by giving two successive discounts of 15% and 20%. What is the ratio of their marked price?

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Test: Profit and Loss- 2 - Question 5

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 incurred by the the company to produce it?

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Test: Profit and Loss- 2 - Question 6

**A and B both are dealers of Honda Motorcycles. The price of an used Honda Motorcycle is Rs.28,000. A gives a discount of 10% on whole, while B gives a discount of 12% on the first Rs. 20,000 and 8% on the rest Rs. 8000. What is the difference between their selling prices?**

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Test: Profit and Loss- 2 - Question 7

The profit percentage of P and Q is same on selling the articles at Rs. 1800 each but P calculates his profit on the selling price while Q calculates it correctly on the cost price which is equal to 20%. What is the difference in their profits?

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Test: Profit and Loss- 2 - Question 8

A person sold a pen at Rs. 96 in such a way that his percentage profit is same as the cost price of the watch. If he sells it at twice the percentage profit of its previous percentage profit then new selling price will be?

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Test: Profit and Loss- 2 - Question 9

**A trader mixes 25% of solution A to his Solution B and then he sells the whole mixture at the price of Solution B. If the cost price of Solution A be 50% of the cost price of Solution B, what is the net profit percentage?**

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Test: Profit and Loss- 2 - Question 10

A scientist mixes 10% water in his solution but he is not content with it so he again mixes 10% more water in the previous mixture. What is the profit percentage of the scientist if he sells it at cost price:

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Test: Profit and Loss- 2 - Question 11

The profit earned after selling an article for Rs. 1680 is the same as the loss incurred after selling the article for Rs. 1512. What is the cost price of the article?

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Test: Profit and Loss- 2 - Question 12

Arun sells an article at 20% profit to Bala, Bala sells it to Catherine at 10% profit. Catherine sells it to Dinesh at Rs. 16 profit. The difference between the cost price of Dinesh and cost price of Arun was Rs. 500. How much did Bala pay to Arun for the article?

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Test: Profit and Loss- 2 - Question 13

Rahul purchased an article for Rs. 8400 and sold it for a loss of 5%. From that money he purchased another article and sold it for a gain of 5%. What is the overall gain or loss?

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Test: Profit and Loss- 2 - Question 14

A Shop Keeper sells two bags for Rs. 500 each. On one, he gets 14% profit and on the other he gets 14% loss. His profit or loss in the entire transaction was?

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Test: Profit and Loss- 2 - Question 15

A Shopkeeper bought 30 kg of rice at the rate of Rs. 40 per kg. He sold 40% of the total quantity at the rate of Rs. 50 per kg. At what price per kg should he sell the remaining quantity to make 25% overall profit?

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Test: Profit and Loss- 2 - Question 16

If the Cost Price of 25 articles is equal to the Selling Price of 20 articles, then what is the gain %?

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Test: Profit and Loss- 2 - Question 17

A TV was purchased for Rs. 54000. Its price was marked up by 40%.It was sold at a discount of 20% on the marked price. What was the profit percent of the cost price?

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Test: Profit and Loss- 2 - Question 18

A shopkeeper sold a smartphone for Rs.15000. Had he offered discount of 10% on the Selling Price, he would have earned a profit of 8%. What is the Cost Price of that Smartphone?

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Test: Profit and Loss- 2 - Question 19

Pinkey sold a machine to Shalini at a profit of 30%. Shalini sold this machine to Arun at a loss of 20%. If Pinkey paid Rs.5000 for this machine, then find the cost price of machine for Arun?

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Test: Profit and Loss- 2 - Question 20

A merchant earns a profit of 20% by selling a basket containing 80 Oranges whose cost is Rs.240 but he gives one-fourth of it to his friend at cost price and sells the remaining oranges. In order to earn the same profit, at what price must he sell each orange?

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