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PROFITANDLOSS

The document presents a series of mathematical problems related to profit, loss, and pricing strategies. It includes various scenarios involving dishonest dealers, discounts, and interest calculations. Each problem is followed by multiple-choice answers, testing the reader's understanding of basic financial concepts.

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0% found this document useful (0 votes)
8 views5 pages

PROFITANDLOSS

The document presents a series of mathematical problems related to profit, loss, and pricing strategies. It includes various scenarios involving dishonest dealers, discounts, and interest calculations. Each problem is followed by multiple-choice answers, testing the reader's understanding of basic financial concepts.

Uploaded by

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

1.A dishonest dealer profess to sell his goods at C.P.

and uses a weight of 875 gram instead of 1


kg. to gain X% profit. Find the value of X

A. 33.33% B. 14.38% C. 12.25% D . none of the above

2. A dishonest dealer sells goods at 25/4% loss on cost price but uses the weight of 14 gram
instead of 16 gram. What is his % profit or loss?

A.14.28% B. 7.14% C. 12.25% D.25%

3. A person sells a bag at 15% profit. If he sells it for 200 Rs. more, he would make a profit of
20, then find the C.P.

A.2400 B. 4000 C. 3000 D. 3500

4. A person sold his table at 15% profit. If he sold it for 500 Rs. less, than he had a loss of 10%.
What is the C.P. of that table?

A. 1000 rs B. 2000 rs C. 1500 rs D. 1750 rs

5. Mahesh sold a Phone at a loss of 10%. If he had sold it at 5% loss than he have got 60 Rs.
more. What is C.P. of that phone?

A.1000 rs B.1200 rs C. 1400 rs D. 1100 rs

6. Ajay sells an item for 2540 Rs. and gets profit equal to the loss if he sells it for 1850 Rs. than
find out the C.P. of that item.

A 1925 B .2100 C.2195 D. 2175

[Link] Sheela buys 4 Toffees for 5 Rs. and sells 5 Toffee for 4 Rs. Then what is profit/loss %?
A. 36% b. 32% C. 28% D. 24%

[Link] a successive discount of 10% and 8%, an article was sold for Rs. 4968. What is the
M.R.P. of that article?

A. 4800 rs B. 5200 rs C. 6000rs D 6200 rs

9. If the selling price of 60 eggs is equal to the cost price of 75 eggs. What is the profit % of that
eggs?

A . 12.5% B. 14.28% C. 25% D. 30%

10.A tradesman marked his goods at 20% above the cost price . He sold half the stock at the
marked price, one quarter at a discount of 20% on the marked price and the rest at a discount of
40% on the marked price. Ultimately what is his total gain ?

(a) 15% (b) 13.5% (c) 4.5% (d) 2%

[Link] much percent more than the cost price should a shopkeeper mark his goods, so that after
allowing a discount of 12.5% he should have a gain 5% on his outlay ?

(a) 9.375 (b) 16.66% (c) 20% (d) 25%

12. Cello produces every fine quality of writing pens. Company knows that on an average10% of
the produced pens are always defective so are rejected before packing. Companypromises to
deliver 7200 pens to its wholesaler at Rs.10 each. It estimates the overall profit on all the
manufactured pens to be 25%. What is the manufacturing cost of each pen?

a) Rs.6 b) Rs.7.2 c) Rs.5.6 d) Rs.8


13.A dishonest dealer purchases goods at 20% discount of the cost price of Rs.x and also cheats
his wholesaler by getting 20% extra through false weighing, per kg. Then he marks up his goods
by 80% of x, but he gives a discount of 25% besides he cheats his customer by weighing 10%
less than the required. What is his overall profit percentage?

a) 125% b) 100% c) 98.66% d) 120%

14. One year payment to the servant is rs 200 plus one shirt . the servant leaves after 9 months
and receives rs 120 and a shirt. What is the price of the shirt?

a) Rs 180
b) Rs 100
c) Rs 120
d) Can not be determined.

A man loans out Rs 50,000 at a rate of 8% simple intrest for 2 years and another Rs 50,000 at
the same rate compounded annually for 2 years .

15. what is the simple intrest for 2 years ?


A. 7000 B.8000 C. 9000 D. none of these

16. what is the compound intrest value for 2 years ?

A. 8470 B. 9320 C. 9470 D.8320

17 what is tthe difference of simple intrest and compounde interst for 2 years?

A. 470 B. 320 C. 1320 D 1470


For 3 months salary is 80 rupees 80 x 4 = 320
200 + shirt = 200+120 => shirt cost 120 rupees

Sellin price – rs 570 ->loss of 5%


To convert profit of 5% what is the sellin gprice

Sp = CP ( 1- loss%)

Selling price = costprice ( 1- loss%)

Selling price = cost price (1+ profit%)

Loss is 5% that equals to 1/20

For each 20 rupees cost price loss is 1 rupee selling price is 19 rupees

But selling price is 570 means 570 / 19 = 30 parts so cost price 30x 20 = 600
will be cosgt price

In 600 I should get 5% profit 5% of 600 = 1/20 x 600= 30 = so the selling price will be
600+30 =630

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