PROFIT AND LOSS | EXAMPLES
SSC/BANKING
PROFIT and LOSS
1) A merchant marks his goods up by 75% above his cost price. What is the maximum % discount that he can offer so that he ends up selling at no profit or loss?
a) 75%
b) 46.67%
c) 42.85%
d) 300%
SSC/BANKING
2) Two merchants sell, each an article for Rs.1000. If Merchant A computes his profit on cost price, while Merchant B computes his profit on selling price, they end up making profits of 25% respectively. By how much is the profit made by Merchant B greater than that of Merchant A?
a) 66.67
b) 200
c) 125
d) 50
SSC/BANKING
3) A watch was sold at a loss of 10%. If it was sold for Rs.140 more, there would have been a gain of 4%. What is the cost price?
a) Rs.1000
b) Rs.1140
c) Rs.860
d) Rs.760
SSC/BANKING
4) A person bought some article at rate of 5 for Rs 1 and bought same number of articles at the rate of 4 for Rs 1. And sold all the stock at the rate of 9 for Rs 2.Total loss is 3 rupees.Find the number of articles he bought?
a) 1080
b) 2080
c) 1063
d)3665
SSC/BANKING
5)On selling 70 articles for Rs 160 a person incurred loss of 20%. How many articles he should sell for Rs 96 to earn profit of 20%.
a)29
b)28
c) 27
d)30
SSC/BANKING
6)A publisher prints 2000 copies of a book for Rs 2400. He distributed 500 copies free. If he gives 25% discount and announces that he will give one book free on selling of 24 books. In this manner he sold all the books and M.P. of each book is 3.25 Rs then find his profit or loss?
a) 46.25%
b)47.24%
c) 50.25%
d 46%
SSC/BANKING
7) A person bought some article at rate of 6 for Rs 20 and bought same number of articles at the rate of 8 for Rs 25. And sold all the stock at the rate of 8 for Rs 31. Find the profit or loss% ?
A) 20% profit
b) 20% loss
c) 25%profit
d) 25% loss
b) 20% loss
c) 25%profit
d) 25% loss
SSC/BANKING
8)A man purchased a box full of pencils at the rate of 7 for Rs. 9 and sold all of them at the rate of 8f or Rs. 11. In this transaction, he gained Rs. 10.
How many pencils did did the box contian?
a) 114
b) 112
c)118
d)114.5
SSC/BANKING
9) Two articles were sold for Rs 1199 each. Firstw as sold at 15% loss and second at 15% profit.F ind over all profit or loss.
a) 2.25%
b)2.75%
c)2.85%
d)1.25%
SSC/BANKING
10) A person bought two horses at the rate of Rs40000 each. If he gains 15% profit on selling costp rice and sold second horse at loss and bearso ver all loss of Rs 3600. Find S.P. of second horse.
a)20400
b)240200
c)14000
d)30400
PROFIT and LOSS
SSC/BANKING
11) Two horses were sold at Rs 1710. First was sold at1 0% loss and second at 25% profit. If the cost price of first horse is equal to selling price of second horse.
Find the over all profit or loss in rupees.
SSC/BANKING
12) A shopkeeper marks his goods at 20% more and offers discount of 10%. And weights 100gme less. Find his over all profit %.
a)30%
b)40%
c)20%
d)20.5%
SSC/BANKING
13) A wrist watch and a wall watch were bought at
Rs 390. On selling wrist watch at 10% profit
and wall watch at 15% profit a person gains Rs
51.5. Find the difference between cost price of
both the watches.
SSC/BANKING
14) A farmer sold a cow and a calf for Rs 760 and got a profit of 10% on the cow and 25% on the calf. If he sells the cow and the calf for Rs 767.50 and gets a profit of 25% on the cow and 10% on the calf, find the individual cost price of the cow and the calf.
15) A person ordered 4 shirts of brand A and somes hirts of brand B. The price of one shirt of brand A was twice that of brand B. When the order was excuted, it was found that the number of the two brandsh as been interchanged. This increased the bill by 40%. The ratio of the number of brand A shirts to that of
brand B shirts in the original order was
16) A person sells T.V. at 20% profit. If he gets profite qual to 20% S.P. then he would gain (3% ofC .P. + 83 Rs) more. Find C.P. of T.V.?
SSC/BANKING
17) A shopkeeper sells his goods at C.P. but cheats to the extent of 10% while buying as well as selling by using false weight. Find profit %.
18) A shopkeeper marks his goods at 20% more and offers discount of 10%. He cheats to the extent of 10% while buying as well as selling by using
false weight. Find his over all profit %.
19) A shopkeeper gives discount of 4% and gives one article free on purchasing 15 ariticles. If he earns profit of 35% then find ratio of C.P. to M.P.
20) Medicine manufacturer gives one dozen extra medicine on the order of every 12 dozen. A discount 25% is offered on the marked price. If the marked price a bottle is 117 Rs. Find the lowest price which at a bottle can be sold without any loss?
21) Even after reducing the marked price of a pen by Rs 32, a shopkeeper makes a profit of 15%. If the cost price be Rs 320, what percentage of profit
dies he make it he sells the pen at the marked price?
22) To gain 8% after allowing a discount of 10% by what percent cost price should be hiked in list price?
23) How much percent above the cost price should a shopkeeper mark his goods so that after allowing a discount of 20% on the marked price, he gains 12%?
24) A tradesman allows a discount of 15% on the marked price. How much above the cost price should he mark his goods so as to gain a 19%?
8)A man purchased a box full of pencils at the rate of 7 for Rs. 9 and sold all of them at the rate of 8f or Rs. 11. In this transaction, he gained Rs. 10.
How many pencils did did the box contian?
a) 114
b) 112
c)118
d)114.5
SSC/BANKING
9) Two articles were sold for Rs 1199 each. Firstw as sold at 15% loss and second at 15% profit.F ind over all profit or loss.
a) 2.25%
b)2.75%
c)2.85%
d)1.25%
SSC/BANKING
10) A person bought two horses at the rate of Rs40000 each. If he gains 15% profit on selling costp rice and sold second horse at loss and bearso ver all loss of Rs 3600. Find S.P. of second horse.
a)20400
b)240200
c)14000
d)30400
PROFIT and LOSS
SSC/BANKING
11) Two horses were sold at Rs 1710. First was sold at1 0% loss and second at 25% profit. If the cost price of first horse is equal to selling price of second horse.
Find the over all profit or loss in rupees.
SSC/BANKING
12) A shopkeeper marks his goods at 20% more and offers discount of 10%. And weights 100gme less. Find his over all profit %.
a)30%
b)40%
c)20%
d)20.5%
SSC/BANKING
13) A wrist watch and a wall watch were bought at
Rs 390. On selling wrist watch at 10% profit
and wall watch at 15% profit a person gains Rs
51.5. Find the difference between cost price of
both the watches.
SSC/BANKING
14) A farmer sold a cow and a calf for Rs 760 and got a profit of 10% on the cow and 25% on the calf. If he sells the cow and the calf for Rs 767.50 and gets a profit of 25% on the cow and 10% on the calf, find the individual cost price of the cow and the calf.
15) A person ordered 4 shirts of brand A and somes hirts of brand B. The price of one shirt of brand A was twice that of brand B. When the order was excuted, it was found that the number of the two brandsh as been interchanged. This increased the bill by 40%. The ratio of the number of brand A shirts to that of
brand B shirts in the original order was
16) A person sells T.V. at 20% profit. If he gets profite qual to 20% S.P. then he would gain (3% ofC .P. + 83 Rs) more. Find C.P. of T.V.?
17) A shopkeeper sells his goods at C.P. but cheats to the extent of 10% while buying as well as selling by using false weight. Find profit %.
18) A shopkeeper marks his goods at 20% more and offers discount of 10%. He cheats to the extent of 10% while buying as well as selling by using
false weight. Find his over all profit %.
19) A shopkeeper gives discount of 4% and gives one article free on purchasing 15 ariticles. If he earns profit of 35% then find ratio of C.P. to M.P.
20) Medicine manufacturer gives one dozen extra medicine on the order of every 12 dozen. A discount 25% is offered on the marked price. If the marked price a bottle is 117 Rs. Find the lowest price which at a bottle can be sold without any loss?
21) Even after reducing the marked price of a pen by Rs 32, a shopkeeper makes a profit of 15%. If the cost price be Rs 320, what percentage of profit
dies he make it he sells the pen at the marked price?
22) To gain 8% after allowing a discount of 10% by what percent cost price should be hiked in list price?
23) How much percent above the cost price should a shopkeeper mark his goods so that after allowing a discount of 20% on the marked price, he gains 12%?
24) A tradesman allows a discount of 15% on the marked price. How much above the cost price should he mark his goods so as to gain a 19%?
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