PROFIT AND LOSS
TYPE–I : Questions based on the (1) 29.70 (2) 30 (3) 37 (4) 32
basic concept of C.P. & S.P. and Q8. Krishnan bought a camera and paid 20%
profit & loss .......... less than its original price. He sold it at 40%
profit on the price he had paid. The percentage
Q1. A man buys a cycle for Rs.1400 and sells it of profit earned by Krishnan on the original
at a loss of 15%. What is the selling price of the price was
cycle?
(1) 22% (2) 32% (3) 12% (4) 15%
(1) 1202 (2) 1190 (3) 1160 (4) 1000
Q9. If there is a profit of 20% on the cost price
Q2. On selling an article for 651, there is a loss of an article, the percentage of profit calculated
of 7%. The cost price of that article is on its selling price will be
(1) 744 (2) 751 (3) 793 (4) 700 2 1
(1) 24% (2) 16 % (3) 8 % (4)
3 3
Q3. A milkman bought 70 litres of milk for 630
20%
and added 5 litres of water. If he sells it at 9.00
per litre, his profit percentage is Q10. By selling an article for 960 a man incurs a
loss of 4%; what was the cost price ?
1 2 1
(1) 8 % (2) 7% (3) 8 % (4) 7 %
5 5 7 (1) 1,000 (2) 784 (3) 498.4 (4) 300
Q4. A man bought an old typewriter for 1200 Q11. By selling a car for 64,000, Mr. Rao lost
and spent 200 on its repair. He sold it for 1680. 20%. Then the cost price of the car is :
His profit per cent is :
(1) 72,000 (2) 76,800 (3) 80,000 (4) 84,000
(1) 20% (2) 10% (3) 8% (4) 16%
Q12. An item when sold for 1,690 earned 30%
Q5. If the cost price is 95% of the selling price, profit on the cost price. Then the cost price is
what is the profit percent ?
(1) 507 (2) 630 (3) 1,300 (4) 130
(1) 4% (2) 4.75% (3) 5% (4) 5.26%
Q13. While selling to the retailer, a company
Q6. If the cost price of an article is 80% of its allows 30% discount on the marked price of
selling price, the profit per cent is : their products. If the retailer sells those
products at marked price, his profit % will be :
1
(1) 20 % (2) 22 % (3) 24% (4) 25%
2 1 6
(1) 30% (2) 42 % (3) 40% (4) 42 %
7 7
Q7. A merchant buys an article for 27 and sells
it at a profit of 10% of the selling price. The Q14. The cost price of a radio is 600. The 5% of
selling price of the article is : the cost price is charged towards
transportation. After adding that, if the net
profit to be made is 15%, then the selling price (1) 40% (2) 100% (3) 120% (4) 140%
of the radio must be
Q22. A trader sold a cycle at a loss of 10%. If the
(1) 704.50 (2) 724.50 (3) 664.50 (4) 684.50 selling price had been increased by Rs. 200,
there would have been a gain of 6%. The cost
Q15. The total cost of 8 buckets and 5 mugs is price of the cycle is
92 and the total cost of 5 buckets and 8 mugs is
77. Find the cost of 2 mugs and 3 buckets. (1) Rs. 1200 (2) Rs. 1205
(1) 35 (2) 70 (3) 30 (4) 38 (3) Rs. 1250 (4) Rs. 1275
Q16. Pooja wants to sell a watch at a profit of Q23. If the selling price of 40 articles is equal to
20%. She bought it at 10% less and sold it at 30 the cost price of 50 articles, the loss or gain per
less, but still she gained 20%. The cost price of cent is
watch is
(1) 25% gain (2) 20% gain
(1) 240 (2) 220 (3) 250 (4) 225
(3) 25% loss (4) 20% loss
Q17. A fruit merchant makes a profit of 25% by
selling mangoes at a certain price. If he charges Q24. By selling a tape-recorder for Rs. 1040 a
Re. 1 more on each mango, he would gain 50%. man gains 4%. If he sells it for Rs. 950, his loss
At first the price of one mango was will be
(1) Rs. 5 (2) Rs. 7 (3) Rs. 4 (4) Rs. 6 (1) 5% (2) 4% (3) 4.5% (4) 9%
Q18. By selling an article for Rs. 450, I lose 20%. Q25. The per cent profit made when an article
For what price should I sell it to gain 20% ? is sold for Rs. 78 is twice as much as when it is
sold for Rs. 69. The cost price of the article is
(1) Rs. 490 (2) Rs. 675
(1) Rs. 60 (2) Rs. 51 (3) Rs. 55.50 (4) Rs. 70
(3) Rs. 470 (4) Rs. 562.50
Q26. The profit (in Rs.) after selling an article for
Q19. If the profit on selling an article for Rs. 425 Rs. 524 is the same as the loss (in Rs.) after
is the same as the loss on selling it for Rs. 355, selling it for Rs. 452. The cost price of the article
then the cost price of the article is is:
(1) Rs. 410 (2) Rs. 380 (3) Rs. 400 (4) Rs. 390 (1) Rs. 480 (2) Rs. 485
Q20. The C.P of 10 artices is equal to the S.P. of (3) Rs. 488 (4) Rs. 500
15 articles. What is the profit or loss
percentage? TYPE–II : Questions based on sold &
bought .....
(1) 25.5% (2) 35% (3) 10% (4) 33.3%
Q27. A man buys 12 articles for 12 and sells
Q21. A man gains 20% by selling an article for a
them at the rate of 1.25 per article. His gain
certain price. If he sells it at double the price,
percentage is :
the percentage of profi will be
(1) 20% (2) 25% (3) 15% (4) 18% (1) Gain of 4% (2) Loss of 4%
Q28. If I would have purchased 11 articles for (3) Neither gain nor loss (4) Loss of 5%
10 and sold all the articles at the rate of 10 for
11, the profit per cent would have been : Q35. A man purchased some eggs at 3 for 5 and
sold them at 5 for 12. Thus he gained 143 in all.
(1) 10% (2) 11% (3) 21% (4) 100% The number of eggs he bought is
Q29. A person buys some pencils at 5 for a (1) 210 (2) 200 (3) 195 (4) 190
rupee and sells them at 3 for a rupee. His gain
per cent wll be : Q36. A man bought oranges at the rate of 8 for
34 and sold them at the rate of 12 for 57. How
2 2 2 2 many oranges should be sold to earn a net
(1) 66 % (2) 76 % (3) 56 % (4) 46
3 3 3 3 profit of 45 ?
%
(1) 90 (2) 100 (3) 135 (4) 150
Q30. 100 oranges are bought for 350 and sold
at the rate of 48 per dozen. The percentage of Q37. A person bought some articles at the rate
profit or loss is : of 5 per rupee and the same number at the rate
of 4 per rupee. He mixed both the types and
(1) 15% loss (2) 15% gain sold at the rate of 9 for 2 rupees. In this
business he suffered a loss of 3. The total
2 2
(3) 14 % loss (4) 14 % profit number of articles bought by him was
7 7
(1) 1090 (2) 1080 (3) 540 (4) 545
Q31. The cost price of two dozen bananas is 32.
After selling 18 bananas at the rate of 12 per Q38. A shopman bought pens at the rate of 7
dozen, the shopkeeper reduced the rate to 4 for 10 and sold them at a profit of 40%. How
per dozen. The per cent loss is many pens would a customer get for 10 ?
(1) 25.2% (2) 32.4% (3) 36.5% (4) 37.5% (1) 6 (2) 4 (3) 5 (4) 3
Q32. Some articles were bought at 6 for 5, and Q39. A person bought 50 pens for 50 each. He
sold at 5 for 6. Gain per cent is : sold 40 of them at a loss of 5%. He wants to
gain 10% on the whole. Then his gain percent
(1) 5% (2) 6% (3) 30% (4) 44%
on the remaining pens should be
Q33. A man bought pencils at the rate of 6 for 4
(1) 15% (2) 40% (3) 50% (4) 70%
and sold them at the rate of 4 for 6. His gain% in
the transaction is : Q40. A vendor sells lemons at the rate of 5 for
14, gaining thereby 40%. For how much did he
(1) 75% (2) 80% (3) 125% (4) 100%
buy a dozen lemons ?
Q34. A man buys a certain number of oranges
(1) 20 (2) 21 (3) 24 (4) 28
at 20 for 60 and an equal number at 30 for 60.
He mixes them and sells them at 25 for 60.
What is gain or loss per cent ?
Q41. A table is sold at a profit of 13%. If it is sold TYPE–IV : Questions based on ratio &
for 25 more, profit is 18 %. Cost price of table is
partnership ............
(1) 100 (2) 500 (3) 200 (4) 1, 000
Q48. The ratio of cost price and selling price is 5
Q42. A man sold his watch at a loss of 5%. Had
: 4, the loss per cent is :
he sold it for 56.25 more, he would have gained
10%. What is the cost price of the watch (in ) ? (1) 20% (2) 25% (3) 40% (4) 50%
(1) 370 (2) 365 (3) 375 (4) 390
Q49. The ratio of the C.P. and S.P. of an article is
Q43. A radio is sold at a profit of 20%. Had it 20 : 21. What is the gain per cent ?
been sold for Rs. 60 more the profit would have
been 30%. The cost price of the radio is (1) 5% (2) 5.5% (3) 6% (4) 6.25%
(1) Rs. 500 (2) Rs. 600 Q50. The cash difference between selling prices
of an article at a profit of 4% and 6% is 3. The
(3) Rs. 550 (4) Rs. 620 ratio of the two selling prices is
Q44. If 3 articles are sold for the cost of 5 (1) 51 : 52 (2) 52 : 53
articles, then the profit percentage is :
(3) 51 : 53 (4) 52 : 55
2
(1) 50 (2) 60 (3) 66 (4) 65
3 Q51. Nita blends two varieties of tea— one
costing 180 per kg and another costing 200 per
Q45. A dealer sold a bicycle at a profit of 10%. kg in the ratio 5 : 3. If she sells the blended
Had he bought the bicycle at 10% less price and variety at 210 per kg, then her gain percent is
sold it at a price Rs. 60 more, he would have (1) 10% (2) 11% (3) 12% (4) 13%
gained 25%. The cost price of the bicycle was
Q52. Partha earns 15 per cent on an investment
(1) Rs. 2400 (2) Rs. 2600 but loses 10 per cent on another investment. If
the ratio of two investments is 3 : 5, then the
(3) Rs. 2000 (4) Rs. 2200
combined loss percent is
Q46. Arun buys one kilogram of apples for Rs.
(1) 5/4 % (2) 4/5 % (3) 8/5 % (4) – 5/8 %
120 and sells it to Swati gaining 25%. Swati sells
it to Divya who again sells it for Rs. 198, making Q53. If an article is sold at 200% profit, then the
a profit of 10%. What is the profit percentage ratio of its cost price to its selling price will be
made by Swati? (1) 1 : 2 (2) 2 : 1 (3) 1 : 3 (4) 3 : 1
(1) 25% (2) 20% (3) 16.67% (4) 15% Q54. An article is sold at 5% profit. The ratio of
selling price and cost price will be
Q47. A sold a watch at a gain of 5% to B and B
sold it to C at a gain of 4%. If C paid Rs. 91 for it, (1) 1 : 5 (2) 20 : 21 (3) 21 : 20 (4) 5 : 1
the price paid by A is :
Q55. In what ratio Darjeeling Tea costing 320
(1) Rs. 83.33 (2) Rs. 84.33 per kg be mixed with Assam Tea costing 250 per
(3) Rs. 83 (4) Rs. 82.81
kg so that there is a gain of 20% by selling the Q61.
mixture at 324 per kg ?
TYPE–VI : Questions based On selling
(1) 1 : 2 (2) 2 : 3 (3) 3 : 2 (4) 2 : 5
an article and interchanging its
Q56. The ratio in which the Darjeeling tea at 32 values ...
per kg is mixed with the Assam tea at 25 per kg
so as to gain 20% by selling the mixture at 32.40 Q62. By selling an article for 240, a man incurs a
per kg is loss of 10%. At what price should he sell it, so
that he makes a profit of 20% ?
(1) 4 : 3 (2) 3 : 4 (3) 5 : 2 (4) 2 : 5
(1) 264 (2) 288 (3) 300 (4) 320
Q57. The ratio of the quantities of sugar, in
which sugar costing 20 per kg. and 15 per kg. Q63. By selling an article for 480 a person lost
should be mixed so that there will be neither 20%. For what should he sell it to make a profit
loss nor gain on selling the mixed sugar at the of 20%?
rate of 16 per kg, is
(1) 800 (2) 760 (3) 720 (4) 680
(1) 2 : 1 (2) 1 : 2 (3) 4 :1 (4) 1 : 4
Q64. On selling an article for 170, a shopkeeper
Q58. Two types of tea costing 180 per kg and loses 15%. In order to gain 20%, he must sell
280 per kg should be mixed in the ratio so that that article at :
the mixture obtained, sold at 320 per kg to earn
(1) 215.50 (2) 212.50 (3) 240 (4) 210
a profit of 20% is
Q65. By selling a basket for 19.50, a shopkeeper
(1) 3:13 (2) 1:13 (3) 4:13 (4) 2:13
gains 30%. For how much should he sell it to
gain 40% ?
TYPE–V : Questions based on tricks
(1) 21 (2) 21.50 (3) 24 (4) 23
Q59. Find the selling price of an article if a
shopkeeper allows two successive discounts of Q66. The selling price of an article is 8/5 th of its
5% each on the marked price of 80. cost price. Then the gain percentage is
(1) 70.20 (2) 70.10 (3) 72.00 (4) 72.20 (1) 20% (2) 28% (3) 60% (4) 68%
Q60. Salary of a person is increased by 20%,
TYPE–VII : Questions based on
then it is decreased by 20%. Change in his salary
is : marked price .......
(1) 4% decreased 1
Q67. If the sales tax be reduced from 3 % to 3
2
(2) 4% increased 1
% , what difference does it make to a person
3
(3) 8% decreased
who purchases an article whose marked price is
(4) neither decrease nor increase 8,400 ?
(1) 20 (2) 15 (3) 14 (4) . 10 Q74. A merchant sold an article for 75 at a
profit percent equal to its cost price. The cost
Q68. The marked price of an article is 10% price of the article was :
higher than cost price. A discount of 10% is
given on marked price. In this kind of sale, the (1) 45 (2) 50 (3) 54 (4) 60
seller bears :
Q75. If the profit per cent got on selling an
(1) no loss, no gain (2) a loss of 5% article is numerically equal to its cost price in
rupees and the selling price is 39, then cost
(3) a gain of 1% (4) a loss of 1% price (in ) will be
Q69. Richa purchased an article at 4/5 of its list (1) 20 (2) 22 (3) 28 (4) 30
price and sold it at 20% more than the list price.
Richa’s profit percent was TYPE–IX : Finding the cost of article
(1) 50% (2) 40% (3) 30% (4) 25% where a man sold an article at a loss
of x%. If he had sold it for 'y' more
Q70. How much percent above the cost price
should a shopkeeper mark his goods so as to than he would have gained/loss m
earn a profit of 32% after allowing a discount of %..
12% on the marked price ?
Q76. A man sold an article at a loss of 20%. If he
(1) 50% (2) 40% (3) 60% (4) 45% has sold that article for 12 more he would have
gained 10%. Find the cost price of that article :
Q71. To gain 8% after allowing a discount of
(1) 60 (2) 40 (3) 30 (4) 22
10%, by what per cent cost price should be
hiked in the list price ? Q77. A businessman bought an article and sold
it at a loss of 5%. If he had bought it for 10%
(1) 9% (2) 11% (3) 18% (4) 20%
less and sold it for 33 more, he would have had
a profit of 30%. The cost price of the article is
TYPE–VIII : Loss/gain percent is
(1) 330 (2) 155 (3) 150 (4) 300
equals to the C.P./S.P. ..
Q78. A merchant has 1000 kg sugar, part of
Q72. Profit after selling a commodity for 524 is which sells at 8% profit and the rest at 18%
the same as loss after selling it for 452. The cost profit. He gain 14% on the whole. The quantity
price of the commodity is sold at 8% profit is :
(1) 480 (2) 500 (3) 488 (4) 485 (1) 560 kg. (2) 600 kg. (3) 640 kg. (4) 400 kg
Q73. A clock was sold for 144. If the percentage Q79. Sandeep sells an article at a loss of 10%.
of profit was numerically equal to the cost Had he bought it at 20% less and sold it for Rs.
price, the cost of the clock was 55 more, he could have gained 40%. What is the
cost price of the article ?
(1) 72 (2) 80 (3) 90 (4) 100
(1) Rs. 200 (2) Rs. 225 (3) Rs. 250 (4) Rs. 275
Q80. 5% more is gained by selling a watch for profit/loss and B at n% loss/profit.
Rs. 350 than by selling it for Rs. 340. The cost
Then gain/ loss p% on his outlay.
price of the watch is
Find the c.p. of A/B/A+B etc.........
(1) Rs. 110 (2) Rs. 140 (3) Rs. 200 (4) Rs. 250
Q86. A man sells two articles at 99 each. On one
TYPE–X : Questions where articles he gains 10% and on the other he loses 10%.
are sold in a circular chain .... What is his gain or loss per cent on the whole
transaction ?
Q81. A sells a bicycle to B at a profit of 20%. B
(1) Loss, 1% (2) Loss, 1.5%
sells it to C at a profit of 25%. If C pays 225/- for
it, the cost price of the bicycle for A is : (3) Profit, 1% (4) Profit, 1.5%
(1) 110 (2) 125 (3) 120 (4) 150 Q87. A man sells two pipes at 12 each. He gains
20% on one and loses 20% on the other. In the
Q82. A saleable article passes successively in
whole transaction, there is
the hands of three traders. Each trader sold it
further at a gain of 25% of the cost price. If the (1) neither loss nor gain (2) profit of 1
last trader sold it for Rs. 250 then what was the
cost price for the first trader ? (3) loss of 1 (4) Profit of 2
(1) 128 (2) 150 (3) 192 (4) 200 Q88. Kewal sells two tape recorders at the same
price. On one, he gains 10% and on the other he
Q83. A sells a cycle to B at a profit of 10%, B loses 10%. The total gain or loss in the
sells to C at a profit of 20%. If C pays 264 for it, transaction is
how much did A pay for it?
(1) 1% gain (2) 1% loss
(1) 200 (2) 220 (3) 225 (4) 234
(3) No loss or gain (4) 2% loss
Q84. A sells a suitcase to B at 10% profit. B sells
it to C at 30% profit. If C pays 2,860 for it, then Q89. A man had 100 kgs of sugar, part of which
the price at which A bought it is he sold at 7% profit and rest at 17% profit. He
gained 10% on the whole. How much did he sell
(1) 1,000 (2) 1,600 (3) 2,000 (4) 2,500 at 7% profit ?
Q85. A sells an article to B at a gain of 20% and (1) 65 kg (2) 35 kg (3) 30 kg (4) 70 kg
B sells it to C at a gain of 10% and C sells it to D
1 Q90. When the price of cloth was reduced by
at a gain of 12 %. If D pays 29.70, A purchased
2 25%, the quantity of cloth sold increased by
the article for 20%. What was the effect on gross receipt of
the shop?
(1) 40 (2) 10 (3) 20 (4) 30
(1) 5% increase (2) 5% decrease
TYPE–XI : A person bought two
(3) 10% increase (4) 10% decrease
articles for x. He sold A at m%
Q91. A cloth merchant sold half of his cloth at (3) 3,000, 2,000 (4) 3,000, 5,000
20% profit, half of the remaining cloth at 20%
loss and the rest was sold at his cost price. In Q97. A cloth merchant sold half of his cloth at
the total transaction, his gain or loss will be 40% profit, half of remaining at 40% loss and
the rest was sold at the cost price. In the total
(1) 5% profit (2) Neither loss nor gain transaction his gain or loss will be
(3) 5% loss (4) 10% profit (1) 20% gain (2) 25% loss
Q92. Two-third of a consignment was sold at a (3) 10% gain (4) 15% loss
profit of 5% and the remainder at a loss of 2%.
If the total profit was 400, then the value of the Q98. A shopkeeper purchased a TV for 2,000
consignment was and a radio for 750. He sells the TV at a profit of
20% and the radio at a loss of 5%. The total loss
(1) 15,000 (2) 15,500 (3) 16,000 (4) 16,500 or gain is
Q93. A trader bought two horses for 19,500. He (1) Gain 352.50 (2) Gain 362.50
sold one at a loss of 20% and the other at a
profit of 15%. If the selling price of each horse is (3) Loss 332 (4) Loss 300
the same, then their cost price are respectively. Q99. The difference between the selling prices
(1) 10,000 and 9,500 (2) 11,500 and 8,000 of an article at a profit of 15% and at a profit of
10% is 10. The cost price of the article is
(3) 12,000 and 7,500 (4) 10,500 and 9,000
(1) 100 (2) 120 (3) 150 (4) 200
Q94. A person bought two articles A and B for
5,000. He sold A at 20% profit and B at 10% loss. Q100. The difference between the selling price
He thus gained 2% on his outlay. The cost price and cost price of an article is 210. If the profit
of A was percent is 25, then the selling price of the article
is
(1) 3,000 (2) 2,500 (3) 2,000 (4) 3,500
(1) 950 (2) 1,050 (3) 1,150 (4) 1,250
Q95. A man bought a horse anda carriage for
40,000. He sold the horse at a gain of 10 % and
the carriage at a loss of 5%. He gained 1% on his
whole transaction. The cost price of the horse
REFERENCE BOOKS
was :
R S AGGARWAL QUANTITATIVE APTITUDE
(1) 15000 (2) 16000 (3) 18000 (4) 20000
TATA Mc GRAW HILL QUANTITATIVE
Q96. Two items A and B are sold at a profit of APTITUDE, NEW DELHI
10% and 15% respectively. If the amount of
profit received is the same, then the cost price GULATI OBJECTIVE ARITHMETICS
of A and B may be
KIRAN PRAKASH QUANTITATIVE APTITUDE
(1) 1,000, 1,500 (2) 5,000 2,000
FAST TRACK OBJECTIVE ARITHMETICS
Prepared By…..
G SURESH