Placement Training Programme Profit Loss Discount Class work Problem Solving 1.

An article sold at a profit of 20% if both the cost price and selling price were to be Rs.20 less the profit would be 10% more. What is the cost price of the article? 2. A trader professes to sell his goods at cost price but he uses a weight of 960gms instead of 1 Kg. Find his profit percentage. 3. A cloth merchant sold 33 meters of cloth and gained selling price of 11 meters. Find his profit percentage. 4. A man purchased goods worth Rs.880. He sold one-forth of the goods at 5% loss. At what percent gain should he sell the remainder to gain 5% on the whole? 5. A shopkeeper bought 45 dozen eggs at Rs.25 per dozen. Out of these eggs, 40 were broken. At what rate per dozen must be sell the remaining eggs to gain 20% on his investment? 6. A dealer purchased a geyser for Rs.4400 and marked some price on it. He allowed a discount of 12% on the marked price and gained 10% on it. Find the marked price. 7. At what percent above the cost price should an article be marked so that after allowing a retail discount of 20% and then a cash discount of 6.25%, the shopkeeper gains 20%? 8. A shopkeeper offers children studying in a school nearby, one pencil free for every seven that they purchase. What is the effective discount he is offering? 9. A dishonest milkman adds a liter of water to every four liters of milk. He now claims to sell the mixture at a 20% loss. What is his actual profit/loss percentage? 10. A person sells 36 oranges per rupee and suffers a loss of 4%. Find how many oranges per rupee to be sold to have a gain of 8%? 11. If a merchant offers a discount of 30% on the list price, then she makes a loss of 16%. What % profit or % loss will she make if she sells at a discount of 10% of the list price? 12. Rakesh calculates his profit % on the selling price whereas Ramesh calculates his on the cost price. They find the difference of their profits is Rs100. If the selling price of both of them are the same and both of them 25% profit, find their selling price. 13. If a man reduces the selling price of a fan from 400 to 380 his loss increases by 20%. Find the cost price of fan. 14. If the cost price of 18 oranges is the same as the selling price of 16 oranges, find the gain percent.

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Placement Training Programme Profit Loss Discount Class work 15. A cloth merchant says that due to slump in the market, he sells the cloth at 10% loss, but he uses a false meter-scale and actually gains 15%. Find the actual length of the scale. Reasoning: Read the following information carefully and answer the questions 1-4 below A, B C or W may cause D. B, C or W may cause E. W or X may cause F. D or E may cause G or H, only if D and E are caused by B and C. D or E may cause I only. If C causes D and E, then E and F together may cause M or N. F may cause H only if W or X causes it. 1. Which can result from the largest number of immediately preceding events? (a) D (b) E (c) F (d) M (e) N 2. Which can result in the smallest number of Subsequent events, counting both those that follow immediately and those that follow another event subsequently? (a) A (b) B (c) C (d) W (e) X 3. How many different events or combination of events may cause H? (a) 5 (b) 6 (c) 7 (d) 8 (e) 9 4. Which may be the result of the smallest number of different combination of events? (a) G (b) H (c) I (d) M (e) N 5. A B means A is the mother of B; A * B means A is the father of B; A + B means A is the daughter of B. If P Q * R + S, which of the following is not true? (a) R is Qs daughter (b) Q is the wife of S (c) P is the mother in- Law of S (d) R is the granddaughter of P

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