Profit and Loss

Profit and Loss
Quantitative Aptitude
1. Profit & Loss
Q. 1. What profit/loss percent did Ravi earn if he purchased an item of Rs.5,600 and sold it at three-fourth
of its cost price?
(a) Loss of 20 percent
(b) Gain of 25 percent
(c) Neither gain or loss
(d) Loss of 15 percent
(e) None of these
Ans: (e) None of these
Explanation: Q.1.
C.P. = Rs.5600
S.P. = Rs.5600x = Rs.4200
Loss = Rs.5600-4200 = Rs.1400
Loss percentage = 1400x100/5600 = 25%.Ans.
Q.2. The owner of a cell phone shop charges his customer 23% more than the cost price. If a customer
paid Rs.7,011 for a cell phone, then what was the cost price of the cell phone?
(a) Rs.5,845
(b) Rs.6,750
(c) Rs.5,900
(d) Rs.6,925
(e) None of these
Explanation: Q.2.
123% of CP =SP
Therefore, CP = Rs.7,011x100/123 = Rs.5700. Ans.
Q.3. The cost price of 16 articles is the same as the selling price of 12 articles. Find the loss/profit
percentages.
(a) 30% (b) 32.50% (c) 331/3% (d) 40% (e)None of these
Ans: (c) 331/3%.
Explanation. Q.3.
The gain is 4 out of 12 articles.
Therefore, gain percentage = 4x100/12 = 100/3 = 331/3%. Ans.
Q.4. Raju purchased an item for Rs.4,500 and sold it at the gain of 15%. From that amount he purchased
another item and sold it at the loss of 10%. What is his overall gain/loss?
(a) Gain of Rs.151.50 (b) Gain of Rs.157.50 (c) Loss of Rs.165
(d) neither gain nor loss (e) None of these
Ans: (b) Gain of Rs.157.50

Explanation Q.4.
1st SP = Rs.4500 + 15% of 4500 = Rs.4500+Rs.675 = Rs.5175
2nd CP = Rs.5175.
2nd SP = Rs.5175 10% of 5175 = Rs.4657.50
Overall gain = Rs.4657.50 4500 = Rs.157.50. Ans.
Q.5. A shopkeeper labeled the price of his articles so as to earn a profit of 30% on the cost price. He then
sold the articles by offering a discount of 10% on the labeled price. What is the actual percent profit
earned in the deal?
(a) 18% (b)15% (c)20% (d)Cannot be determined (e)None of these
Explanation Q.5.
Let the CP of the article = Rs.100.
Then labeled price = Rs.130.
SP = Rs.130- 10% of 130 = Rs.130-13 = Rs.117.
Gain = Rs.117 Rs.100 = Rs.17.
Therefore, gain/profit percent = 17%. Ans.
Q.6. Profit earned by an organization is distributed among officers and clerks in the ratio of 5:3
respectively. If the number of officers is 45 and the number of clerks is 80 and the amount received by
each officer is Rs.25,000/-, what was the total amount of profit earned?
(a)Rs.22 lakhs (b)Rs.18.25 lakhs (c)Rs.18 lakhs (d)Rs.23.25 lakhs (e) None of these
Ans: (c) Rs.18 lakhs.
Explanation Q.6.
The total amount distributed among 45 officers = Rs.45x25000 = Rs.1125000.
Let the amount distributed to 80 clerks be x.
Then 1125000/x = 5/3, therefore, x = Rs.675000.
Therfore, the Total profit = Rs.1125000 + 675000 = Rs.18 lakhs. Ans.
Q.7. The cost of 8 gel pens and 12 ball pens is Rs.82. What would be the cost of 36 gel pens and 54 ball
pens?
(a) Rs.366 (b)Rs.365 (c)Rs.369 (d)Rs.364 (e)None of these
Ans: (c) Rs.369.

Explanation Q.7.
From the given statement we have,
The cost of 4 gel pens + 6 ball pens = Rs.41.
Multiplying each terms by 9, we get
The cost of 36 gel pens + 54 ball pens = Rs.369. Ans.
Q.8. A merchant sells his two cars one at 15% loss and another at 12% profit. If the cost prices of the
two cars are in the ratio of 1:2, what is his percent profit or loss?
(a)3% profit (b)2% loss (c)2% profit (d)1.2%loss (e)None of these
Ans: (a)3% profit
Explanation Q.8.
Given that CPs are in the ratio 1:2
Therefore let the CPs be Rs.100 & Rs.200 respectively,
1st SP = 100-15% of 100 = Rs.86.
2nd SP = 200 + 12% of 200 = Rs.224.
Total CP = Rs.300. Total SP = 85+224 = Rs.309.
Profit = Rs.309-300 = Rs.9.
Profit percent = 9x100/300 = 3% profit. Ans.
Q.9. The profit earned after selling an article for Rs.675 is twice the loss incurred after selling the article
for Rs.435. What is the cost price of the article?
(a)Rs.450 (b)Rs.595 (c)Rs.400 (d)Rs.450 (e)None of these
Ans:(e) None of these
Explanation Q.9.
Let x be the CP of the article.
i.e. Rs.675-x = 2(x-435)
675-x = 2x-870
675+870 = 3x, therefore, x=1545/3 =Rs.515. Ans.
Q.10. Mohan purchased 15 kgs of rice at the rate of Rs.26 per kg and 8 kgs of pulses at the rate of Rs.26
per kg. Whaat is the total amount that he paid to the shopkeeper?
(a)Rs.598 (b)Rs.594 (c)Rs.596 (d)Rs. 595 (e) None of these
Ans:(a) Rs.598.
Explanation Q.10.
Price of 15 kgs of rice at Rs.26/kg = 15x26 = Rs.390
Price of 8 kgs of pulses at Rs.26/kg = 8x26 = Rs.208
Therefore, Total amount = Rs.390+Rs.208 = Rs.598.Ans.
Q.11. Suhas sold an item for Rs.7500 and incurred a loss of 25%. At what price, should he have sold the
item to have gained a profit of 25%?
(a)Rs.13800 (b)Rs.12500 (c)Rs.11200 (d)Cannot be determined (e) None of these
Ans: (b)Rs.12500.
Explanation Q.11.
255 loss means that Rs.7500 is 75% of CP.
Therefore, CP = 7500x100/75 = Rs.10000.
25% of Rs.10000 = Rs.2500.
To get a gain of 25%, the SP should be = Rs.10000+2500 = Rs.12500. Ans.
Q.12. Maria earned a profit of 30% on selling an article for Rs.6110. What was the cost price of the
article?
Ans:(e)None of these
Explanation Q.12.
30% profit means, SP= 130% of CP
i.e. 130% of CP= Rs.6110. Therefore, CP = 6110x100/130 = Rs.4700.Ans.
Q.13. If the cost of 15 kgs of rice is Rs.780/-, what is the cost of 112 kgs of rice?
(a)Rs.5824/- (b)Rs.5720/- (c)Rs.5616/- (d) Rs.5512/- (e) None of these
Ans: (a) Rs.5824/-

Explanation Q.13.
Cost of 1 kg of rice = Rs.780/15 = Rs.52.
Therefore, cost of 112 kgs. = Rs.52x112 = Rs.5824/- Ans.
Q.14. Nilesh sold an item for Rs.6400/- and incurred a loss of 20%. At what price should he have sold the
item to have gained a profit of 20%?
(a)Rs.7800 (b)Rs.9600 (c)Rs.8750 (d)Cannot be determined (e)None of these
Ans: (b) Rs.9600/-
Explanation Q.14.
20% loss means SP = 80% of CP
:. CP = Rs.6400x100/80 = Rs.8000.
The SP for a gain of 20% = 8000+20% of 8000 = 8000+1600 =Rs9600.Ans.
Q.15. The owner of an electronic store charges his customer 14% more than the cost price. If a customer
paid Rs.1,65300 for an LED TV, then what was the original price of the TV?
Ans: (c) Rs.145000
Explanation Q.15.
14% more than CP means SP = 114% = Rs.165300.
:. CP = 165300x100/140 = Rs.145000.Ans.
Q.16. The cost of 8 sharpeners and 12 pens is Rs.76/-. What is the cost of 20 sharpeners and 30 pens?
(a)Rs.172 (b)Rs.186 (c)Rs.190 (d) Rs.195 (e)None of these
Ans: (c) Rs.190
Explanation Q.16.
From the above statement we have,
The cost of 4 sharpeners + 6 pens = Rs.38/-
Multiplying each term by 5, we get
20 sharpeners + 30 pens = Rs.38x5 =Rs.190 Ans.
Q.17. Sujit incurred a loss of 45% on selling an article for Rs.3740/-. What was the cost price of the
article?
(a)Rs.5725/- (b)Rs.5080/- (c)Rs.6250/- (d)Rs.6400/- (e)None of these
Explanation Q.17.
45% loss means SP of Rs.3740/- is 55% of CP
:. CP = 3740x100/55 = Rs.6800/- Ans.
Q.18. The cost of 3 pens and 5 pencils is Rs.100. Also the cost of one pen and one pencil is in the ratio of
5:1 respectively. What is the cost of one dozen pens?
Ans: (c) Rs.300
Explanation Q.18.
Let the cost of one pen is 5x and pencil is x
3 X 5x + 5x = Rs.100
15x + 5x = Rs.100
X = 100/20 = 5
:. Cost of 1 pen = 5x = 5 x 5 = 25
:. Cost of 12 pens, i.e. (one dozen) = 25 x 12 = Rs.300. Ans.
Q.19. Mrudul invested an amount of Rs.29500/- in order to start a business. Shalaka joined her 4 months
later by investing an amount of Rs.33500/-. If the business earned a profit of Rs.120575/- at the end of
two years, what was Mruduls share of the profit?
Ans: (b) Rs.61950/-
Explanation Q.19.
Ratio of Mruduls profit and Shalakas profit = 29500x24/33500x20 = 354 : 335
:. Mruduls share out of total profit = 120575x354/689 = Rs.61950.Ans.
Q.20. The cost of five chairs and three tables is Rs.3110. Cost of one chair is Rs.210 less than cost one
table. What is the cost of two tables and two chairs?
(a)Rs.1660/- (b) Rs.1860/- (c)Rs.2600/- (d)Cannot be determined (e)None of these
Ans: (a) Rs.1660
Explanation Q.20.
Let x be the cost of one chair
Then cost of 1 table = x + 210
Given 5x + 3(x+210) = Rs.3110
8x = 3110 630 = 2480
Cost of one chair (x) = 2480/8 = 310
Cost of one table = 310 + 210 = rs.520
:. Cost of 2 tables + 2 chairs = 2x520 + 2x310 = Rs.1660. Ans.
Q.21. Meena bought a watch with 25% discount on the selling price. If the watch cost her Rs.1545. What
is the original selling price of the watch?
Explanation Q.21.
CP of Meenal is 75% of the Original SP.
:. Original SP = 1545x100/75 = Rs.2060.Ans.
Q.22. Shreyas bought an article and sold it for 125% of its cost price. What was the cost price of the
article, if Shreyas sold it for Rs.30750/-?
(a)Rs.24600 (b)Rs.25640 (c)Rs.24250/- (d)Rs.23200 (e)None of these
Ans: (a) Rs.24600/-
Explanation Q.22.
125% of CP = Rs.30750
:. CP = Rs.30750x100/125 = Rs.24600.Ans.
Q.23. If the cost of 8 erasers and 5 sharpeners is Rs.31/-, what will be the cost of 24 erasers and 10
sharpeners?
(a)Rs.62/- (b)Rs.84/- (c)Rs.78/- (d)Cannot be determined (e)None of these
Ans: (c)Rs.78/-
Explanation Q.23.
By analysis, we get 8x2 = 16 (erasers)
5x3 = 15 (sharpeners)
:.1 Eraser costs Rs.2/- and 1 sharpener costs Rs.3/-
Hence, the cost of 24 erasers + 10 sharpeners = 24x2 + 10x3 = 48+30 = Rs.78/- Ans.
Q.24. When a shop keeper sold 2/3 of an item, he got the cost price of the whole lot. What is the
percentage of his profit?
(a)33 1/8% (b)66 2/3% (c)25% (d)50% (e)None of these
Ans: (d)50%
Explanation Q.24.
If 2/3 of the cost of item amount to CP
Then the of the cost of item amounts to gain
:. Profit percentage = 1 x 100/2 = 50%.Ans.
Q.25. If a quarter kilogram costs Rs.60 then how much will cost for 150 grams?
Ans: (c)Rs.36
Explanation Q.25.
Given 250 gms costs Rs.60/-
Then 50 gm costs Rs.12
:.150gm costs 3 x12 =- Rs.36/-. Ans.
Q.26. Raju purchases 550 ml. of milk every day. If the cost of one litter of milk is Rs.44. How much
amount will he pay in 45 days?
Explanation Q.26.
500 ml cost Rs.22
50 ml cost Rs.2.20
:.550 ml cost Rs.24.20
For 44 days the cost of milk = 45 x 24.20
= Rs.1089/-Ans.
Q.27. If the cost of 6 erasers and 4 sharpeners is Rs.21/-. What will be the cost of 24 erasers and 16
sharpeners?
(a)Rs.62/- (b)Rs.84/- (c)Rs.78/- (d)Cannot be determined (e)None of these
Ans: (b) Rs.84/-
Explanation Q.27.
6 erasers + 4 sharpeners = Rs.21.
Multiply by 4
We get,
24 erasers + 16 sharpeners = Rs.21x4 = Rs.84/-. Ans.
Q.28. The profit earned after selling a T-shirt for Rs.575/- is the same as loss incurred after selling the
same T-shirt for Rs.295/-. What is the cost price of the T-shirt?
Explanations Q.28.
Let x be the CP. Then 575-x = x-295
x = Rs.435 .Ans.
Q.29. A juice shop requires 35 kgs of sugar for seven days. How many kgs. of sugar will it require for 50
days?
(a)250 kgs (b)150 kgs (c)350 kgs (d)300 kgs (e) None of these
Ans: (a 250 kgs
Explanation Q.29.
The daily requirement of sugar = 35/7 = 5 kgs
:. 50 days requirement of sugar = 50 x 5 = 250 kgs. Ans.
Q.30. A man purchases some eggs for Rs.500. 15% of the eggs break during transportation. What profit
percentage should he take on the remaining to get an overall profit of 20%?
(a)37.5 (b)30 (c)42 (d)41.17 (e)45
Ans: (d) 41.17
Explanation Q.30.
The eggs remaining = 85%
CP of 85% eggs = 85x500/100 = Rs.425
Overall profit = 500 + 20% of 500 -CP of 85% eggs.
Rs.600 Rs.425 = Rs.175.
:. Overall profit percent = 175x100/425 = 41.17%. Ans.
Q.31. The owner of an electronics shop charges his customer 25% more than the cost price. If a
customer paid Rs.11,500 for a television set, then what was the cost price of the television set?
(a)Rs.9200 (b)Rs.7200 (c)Rs.8600 (d)Rs.9800 (e)Rs.10000
Ans: (a) Rs.9200

Explanation Q.31.
SP = Rs.11500
i.e. 125% of CP.
:. CP = 11500x100/125
= Rs.9200/- Ans.
Q.32. 25% of the total cost of a plot of area 280 sq.ft. is Rs.132370. What is the rate per sq.ft of the plot?
Ans: (d) Rs.1891.
Explanations Q.32.
25% =
:. Cost of total area = Rs.132370x4
Rate per sq.ft = 132370x4/280 = Rs.1891/- Ans.
Q.33. A banana costs Rs.2.25 and an apple costs Rs.3.00. What will be the total cost of 4 dozen of
apples?
(a)Rs. 216 (b)Rs.108 (c)Rs.189 (d)Rs.225 (e)Rs.162
Ans: (a) Rs.216
Explanations Q.33.
2.25 x 4 x 12 + 3 x 3 x 12 = Rs.216. Ans.
Q.34. The cost of 9 kgs. of sugar is Rs.279. What is the cost of .153 kgs. of sugar?
(a)Rs.3.377 (b)Rs.4.473 (c)Rs.4.377 (d)Rs.4.743 (e)Rs.4.347
Ans: (d) Rs.4.743
Explanations Q.34.
The cost of .153 kgs. of sugar = 279x .153/9 = Rs.4.743 Ans.
Q.35. Ranjeet purchased an item for Rs.3500 and sold it at the loss of 25%. From that amount he
purchased another item and sold it at the gain of 20%. What is his overall gain/loss?
(a)Loss of Rs.240 (b)Gain of Rs.120 (c)Loss of Rs.350 (d)Neither gain nor loss (e)None of these
Ans: (c) Loss of Rs.350
Explanation Q(35):
1st SP = Rs.3500 25% of 3500 = Rs.3500 875 = Rs.2625.
(24% = )
2nd SP = Rs.2625 + 20% of 2625 = Rs.2625 + 525 = Rs.3150.
:. Overall loss = Rs.3500 Rs.3150 = Rs.350. Ans.
Q.36. An order was placed for supply of carpeat of breadth 3 metres the length of carpet was 1.44 times
of breadth. Subsequently the breadth and length were increased by 25 and 40 percent respectively. At the
rate of Rs.45 per square metre, what would be the increase in the cost of the carpet?
(a)Rs.1020.6 (b)Rs.398.8 (c)Rs.437.4 (d)Rs.583.2 (e)None of these
Ans:(c) Rs.437.4
Explanation Q.36.
Initial area of the carpet = 3 x 3 x 1.44 = 12.96 sq.metres.
Increased area = 3 + 3 x 25/100 x 3 x 1.44/100 + 3 x 1.44 x 40/100

= 375 x 604.8/ 100 x 100 = 22.68 sq.metre
:. Increase in area = 22.68 12.96 = 9.72 sq.metre.
Cost of 9.72 sq.metre = 9.72 x 45 = Rs.437.40 Ans.
Q.37. Ajay spends 25 per cent of his salary on house rent, 5 percent on food, 15 percent travel, 10
percent on clothes and the remaining amount of Rs.27000 is saved. What is Ajays income?
Ans: (a) Rs.60000
Explanataion Q.37:
Savings = Income expenditure
100 (25+5+15+10) = 45%
45% of income = Rs.27000
:. Income = 27000 x 100/45 = Rs. 60000. Ans.
Q.38. Rajeev purchased six calculators at the cost of Rs.690. How many calculators can he purchase for
Rs.920?
(a)8 (b)9 (c)11 (d)12 (e)None of these
Ans: (a) 8
Explanations Q.38:
Price of one calculator = Rs.690/6 = Rs.115
1. The No. of calculators which can be bought for Rs.920 = 920/115 = 8 Nos. Ans.
Q.39. The cost of 5kg of rice is equal to 17 kg of potatoes. Cost of 7 kg of rice is Rs.476. What will be the cost of
3 kg of rice and 5 kg of potatoes together?
Ans: (d) Rs.304.
Explanation Q.39.
Price of 1 kg of rice = 476/7 = Rs.68.
Price of 5 kg of rice = Rs.68 x 5 = Rs.340.
Cost of 17 kg potatoes = Rs.340.
:. Cost of 1 kg potato = Rs.340/17 = Rs.20.
:. Cost of 3 kg rice + 5 kg potato = 3 x 68 + 5 x 20 = Rs.304. Ans.
Q.40. A trader sells 40 metres of cloth for Rs.8200 at a profit of Rs.25 per metre of cloth. How much profit will the
trder earn on 40 metres of cloth?

Ans: (c) Rs.1000.
Explanation Q.40.
SP of 1 metre cloth = 8200/40 = Rs.205.
CP of 1 metre cloth = Rs.205 25 = Rs.180
CP on 40 metres = 180 x 40 = Rs.7200
Profit earned on 40 metres cloth = Rs.8200 Rs.7200 = Rs.1000.Ans.
Q.41. In a sale, a discount of 15% was available on all the articles. If Vinit purchased an article for Rs.4284 in the
sale. What was the actual selling price of the article?
Explanations Q.41.
i.e. Rs.4284 = 85% of SP
:. SP = 4284 x 100/84 = Rs.5040.Ans.
Q.42. The cost of 4 bags and 12 purses is Rs.1520, what is the cost of 10 bags and 30 purses?
Explanation Q.42.
Cost of 4 bags + 12 purses = Rs.1520
Multiply each term by 5/2, we get,
Cost of 10 bags + 30 purses = Rs.3800.Ans.
Q.43. If an amount of Rs.142136 is distributed equally amongst 163 persons, how much amount would each
person get?
Ans:(a) Rs.872
Explanation Q.43.
Amount each person would get = Rs.142136/163 = Rs.872.Ans.
Q.44. The owner of a book shop charges his customer 28% more than the cost price. If a customer paid Rs.1408
for some books, then what was the cost price of the books?
Ans:(a) Rs.1100.
Explanation Q.44.
SP is 128% of CP
:. CP = 1408 x 100/128 = Rs.1100.Ans.
Q.45. Rehaan purchased a bike for Rs.54000/-. He sold it at a loss of 8 percent. With that money he again
purchased another bike and sold it at a profit of 10 percent. What is his overall loss/profit?
(a) Loss of Rs.657/- (b) Profit of Rs. 567/- (c)Loss of Rs.648/- (d)Profit of Rs.648/- (e)None of these
Ans:(d) Profit of Rs.648/-
Explanation Q.45.
1st SP = 2nd CP = Rs.54000 8% of Rs.54000.
= Rs.54000 Rs.4320 = Rs.49680.
2nd SP = Rs.49680 + 10% of Rs.49680
= Rs.49680 + Rs.4968 = Rs.54648.
Overall Profit = Rs.54648 Rs.54000 = Rs.648.Ans.
Q.46. The postal charges for booking a parcel of 250 gram are Rs.75. What will be the postal charges for booking
a parcel of 1.8 kilogram?
Ans: (b) Rs.540/-
Explanation Q.46.
Postal charges for 50 gm = Rs.75/5 = Rs.15
Postal charges for 100 gm = 15 x 2 = Rs.30
:. Charges for 1.8 kg. i.e.1800 gm = Rs.30 x 18 = Rs.540.Ans.
Q.47. Raju sold an item for Rs.6000 at a loss of 25%. At what cost would he have purchased that item?
Ans: (c) Rs.8000/-
Explanation Q.47.
The SP = 75% of CP = Rs.6000
:. CP = 6000 x 100/75 = Rs.8000.Ans.
Q.48. The cost of 5 kg of apples is Rs.450. The cost of 12 dozen mangoes is Rs.4320 and the cost of 4 kg of
oranges is Rs.240. What is the total cost of 8 kgs. of apples, 8 dozens of mangoes and 8 kgs. of
oranges?
Ans: (b) Rs.4080/-
Explanation Q.48.
Cost of 1 kg apple = Rs.450/5 = Rs.90.
Cost of 1 kg oranges = Rs.240/4 = Rs.60.
Cost of 12 dozen mangoes = Rs.4320.
:. Cost of 8 (i.e. 12 x 2/3) dozen mangoes = 4320 x 2/3 = Rs.2880.
:. The total cost of 8 kg apples + 8 dozen mangoes + 8 kg oranges = 8 x 90 + 2880 + 8 x 60 = 720 + 2880 + 480 =
Rs.4080.Ans.
Q.49. Sam bought an article for Rs.4550 and sold it for Rs.5225. What was the approximate percent profit that
he gained from this transaction?
(a)15 (b)115 (c)35 (d)5 (e)75
Ans: (a) 15.
Explanation Q.49.
The actual profit = Rs.675
Approximate profit percent = 675 x 100/4550 = 15% approx. Ans.
Q.50. Chamanlal purchased a mobile phone and a refrigerator for Rs.15400 and Rs.19600 respectively.
He sold mobile phone for a profit of 15 percent and the refrigerator for a loss of 20 percent. What is his
overall loss/profit?
(a)Loss of Rs.1620 (b)Profit of Rs.1620 (c)Loss of Rs.1610 (d)No gain no loss (e)None of these
Ans: (c) Loss of Rs.1610.
Explanation Q.50.
The total CP = Rs.15400 + Rs.19600 = Rs.35000
SP of mobile phone = 15400+ its 15% = 15400 + 2310 = Rs.17710.
SP of Fridge = 19600 its 20% = 19600-3920 = Rs.15680.
Total SP = 17710 + 15680 = Rs.33390
:. Overall loss = 35000 33390 = Rs.1610.Ans.
Q.51. Sumit bought a car at a certain praice and sold it at Rs.852150 which was 15% more than the original price.
What was the price at which Sumit bought the car?
(a)Rs.751000 (b)Rs.741000 (c)Rs.731000 (d) Cannot be determined (e)None of these
Ans: (b) Rs.741000.
Explanation Q.51
SP is 115% of CP
:. CP = 852150 x 100/115 = Rs.741000.Ans.
Q.52. The total cost of 15 pencils and 25 sharpeners is Rs.170. What will be the cost of 57 pencils and 95
sharpeners?
Ans: (b) Rs.646.
Explanation Q.52.
Cost of 15 pencils + 25 sharpeners = Rs.170
Dividing each term by 5, we get,
Cost of 3 pencils + 5 sharpeners = Rs.34
Cost of 57 pencils + 95 sharpeners = 34 x 19 = Rs.646. Ans.
Q.53. Gina invests Rs.48000/- to start a business, 4 months later Shrayon joins her by investing Rs.62000/- and
another two months later Deepika joins them both by investing Rs.80000/-. At the end of one year the
business earns a profit of Rs.20661/-. What is Deepikas share in the profit?
Ans: (e) Rs.6390/-
Explanation Q.53.
Gina : Shrayon : Deepika
Ratio of investments & Profits = 48000 x 12 : 62000 x 8 : 80000 x 6
36 : 31 : 30
Sum of Ratio =97
:. Share of Deepika = 20661 x 30/97 = Rs.6390. Ans.
Q.54. The owner of a furniture shop charges his customers 155 more than the cost price. If a customer paid
Rs.9039/- for a sofa set, then what is the cost price of the sofa set?
Ans: (b) Rs.7860/-
Explanation Q.54.
SP = 115% of CP = Rs.9039/-
:. CP = 9039 x 100/115 = Rs.7860/- Ans.
Q.55. The cost of 3 chairs and 10 tables is Rs.9856. What is the cost of 6 chairs and 20 tables?
Ans: (e) none of these
Explanation Q.55.
Cost of 3 chairs + 10 tables = Rs.9856
Cost of 6 chairs + 20 tables = Rs.9856 x 2 = Rs.19712.Ans.
Q.56. A gold bracelet is sold for Rs.13425 at a loss of 25%. What is the cost price of the bracelet?
Ans: (b) Rs.17900/-
Explanation Q.56.
SP i.e. Rs.13425 is 75% of CP
:. CP = 13425 x 100/75 = Rs.17900/-Ans.
Q.57. Meena bought two fans for Rs.1200 each. She sold one at a loss of 55 and the other at a profit of 10%.
What will be the total profit percent or loss percent?
(a) 1.2% loss (b) 1.2% profit (c)2.5% profit (d)2.5% loss (e)None of these
Ans: (c) 2.5% profit
Explanation Q.57.
1st SP = 1200 (5% of it) = 1200 60 = Rs.1140.
2nd SP = 1200 (10% of it) = 1200 + 120 = Rs.1320.
Total SP = Rs.1140 + Rs.1320 = Rs.2460.
Total CP = 2400
Profit = 2460 2400 = Rs.60.
Profit percent = 60 x 100/2400 = 60/24 = 2.5% Ans.
Q.58. Mr. Baljit purchased 100 pieces of an article at the rate of Rs.480 per piece. He then listed the price so as to
gain a profit of 25%. While selling the articles he offered a discount of 5%. What is the percentage of profit
earned in the deal?
(a) 20.00 (b) 15.00 (c)15.79 (d)18.75 (e)None of these
Ans: (d) 18.75
Explanation Q.58.
CP = Rs.480
:. Marked SP = Rs.480 + 25 x 480/100 = Rs.480 + 120 = Rs.600.
Actual SP = Rs.600 30 = Rs.570.
Profit = 570 480 = Rs.90.
Percentage profit = 90 x 100/480 = 18.75%. Ans.
Q.59. What would be the cost of building a fence around a cicular plot of area 98.56 sq.ft., if the cost of fencing
per foot is Rs.614?
(a)Rs.60515.84 (b)Rs.30257.92 (c)Rs.21612.80 (d)Rs.43324.60 (e)None of these

Ans: (c) Rs.21612.80.
Explanation Q.59.
Area = 98.56 sq.ft
:. r = 98.56 x 7/22 = 31.36
:. r = 5.6 ft.
Circumference = 2 x 22 x 5.6/7 = 35.2 ft.
Cost of fencing = 35.2 x 614 = Rs.21612.80. Ans.
Q.60. The cost of 36 Microwaves and 12 Cookers is Rs.84126. What is the cost of 6 microwaves and 2 Cookers?
(a)Rs.14021 (b)Rs.15291 (c)Rs.16131 (d) Cannot be determined (e)None of these
Ans: (a) Rs.14021
Explanation Q.60.
Cost of 36 microwaves + 12 cookers = Rs.84126.
Dividing each term by 6, we get
6 microwaves + 2 colours = Rs.14021.Ans.
Q.61. Arun ordered 15 chapatis, 4 plates of rice, 6 plates of mixed vegetables and 5 ice-cream cups. The cost of
one chapatti is Rs.5, one plate of rice is Rs.50, one plate of mixed vegetables is Rs.75 and one ice-cream
cup is Rs.20. How much amount did Arun pay to the cashier?
Ans: (c)Rs.825
Explanation Q.61.
Total amount = 15 x 5 + 4 x 50 + 6 x 75 + 5 x 20
=75 + 200 + 450 + 100
= Rs.825.Ans.
Q.62. The cost of 15 kgs. of Rice is Rs.675. The cost of 12 kgs. of Wheat is Rs.432 and the cost of 8 kgs. of Corn
is Rs.224. What is the total cost of 28 kgs. of Rice, 23 kgs. of Wheat and 35 kgs. of Corn?
Ans: (c) Rs.3068
Explanation Q.62.
Cost of 1 kg Rice = Rs.45/-
Cost of 1 kg Wheat = Rs.36/-
Cost of 1 kg corn = Rs.28/-
:. Cost of 28 kg Rice + 23 kg Wheat + 35 kg corn = 28 x 45 + 23 x 36 + 35 x 28
= 1260 + 828 + 980 = Rs.3068.Ans.
Q.63. If total cost of four tube lights and three bulbs is Rs.260 and the ratio between the cost of a tube light and a
bulb is 5:2 respectively, what is the total cost of one tube light and six bulbs?
Ans: (d) Rs.170
Explanation Q.63.
Let the cost of 1 tube light = 5x and that 1 bulb = 2x.
Given 4 X 5x + 3 X 2x = Rs.260
26x = Rs.260. :.x = 10.
:. Cost of 1 tube light = Rs.50.
Cost of 1 bulb = Rs.20
:. 1 tube light + 6 bulbs = 50 + 6 x 20= Rs.170.Ans.
Q.64. The cost price of an item is two-third of its selling price. What is the gain/loss percent on that item?
(a) 45 (b) 50 (c)35 (d)54 (e)None of these
Ans: (b) 50
Explanation Q.64.
SP = x
CP = 2x/3
Profit = x-2x/3 = x/3
Profit percent = x/3 / 2x X 100/3 = x/3 X 3/2x X 100
=100/2 = 50%. Ans.
Q.65. Naresh purchased a TV set for Rs.11250 after getting discount of 10% on the labelled price. He spent
Rs.150 on transport and Rs.800 on installation. At what price should it be sold so that the profit earned
would be 15% if no discount was offered?
(a)Rs.12937.50 (b)Rs.14030 (c)Rs.13450 (d)Rs.15467.50 (e)None of these
Ans: (b) Rs.14030.
Explanation Q.65.
The CP = Rs.11250 + 800 + 150 = Rs.12200
15% of 12200 = Rs.1830
For getting 15% gain the SP should be = Rs.12200 + 1830 Rs.14030.Ans.
Q.66. A person buys bananas 75 paise per piece and sells them at Rs.15 per dozen. What is the percentage
profit?
(a)6% (b)33 1/3% (c)66 2/3% (d)25% (e)None of these
Ans: (c) 66 2/3
Explanation Q.66.
Cost price of 1 dozen bananas = .75 x 12 =Rs.9
SP of the same = Rs.15.
Profit = Rs.15 9 =Rs.6.
:.profit percentage = 6 x 100/9 = 200/3 = 66 2/3%.Ans.
Q.67. A person bought an old TV at Rs.4000 and spent 20% of its cost on repairing. If the person wants to make a
net profit of Rs.520, to what percentage should he add, in the purchase price while determining the selling
price?
(a)24% (b)28% (c)30% (d)33% (e)None of these
Ans: (d) 33%
Explanation Q.67.
The expense on repairing = 20% of 4000 = Rs.800
Profit expected = Rs.520, 800 + 520 = Rs.1320.
:.To get Rs.520 as profit SP = 4000 + 1320 = Rs.5320.
Rs.1320 = 33% of Rs.4000. :. 33% .ans.
Q.68. If the cost of 10 tables and 15 chairs is Rs.20000 what will be the cost of tables and 21 chairs?
Ans: (b) Rs.28000.
Explanation Q.68.
The cost of 10 tables + 15 chairs = Rs.20000
Multiplying each term by 7/5, we get
Cost of 10 x 7/5 tables + 15 x 7/5 chairs = Rs.20000 x 7/5
= 14 tables + 21 chairs = Rs.28000.Ans.
Q.69. A person sells an item to another person at a profit of 40% and the second person sells it to a third person
at a loss of 15%. What is the resultant profit or loss?
(a)25% (b)20% (c)27 1/2% (d)19% (e)17.5%
Ans: (e)19%
Explanation Q.69.
Let the CP of the item = Rs.100.
1st persons SP = Rs.140
2nd persons SP = Rs.140 21 = Rs.119.
Resultant profit = Rs.119 100 = Rs.19.
Resultant profit percent = 19 x 100/100 = 19%.Ans.
Q.70. Seema sold a mobile phone at the cost of Rs.1950 at a loss of 25%. At what cost will she have to sell it to
get a profit of 30%?
Ans: (d) Rs.3,380.

Explanation Q.70.
Here, the SP is 75% of CP.
CP = 1950 x 100/75 = Rs.2600.
To get a profit of 30% the SP should be = 2600 + 30% of 2600= Rs.3380.Ans.
Q.71. A sells an item to B at a profit of 40% and B sells it to C at a profit of 50%. Find the resultant profit
percent.?

Ans: (c) 110%.
Explanation Q.71.
Let Rs.100 be the CP
As SP = Rs.140
Bs SP = Rs.210
Resultant profit = 210 100 =110
Resultant profit percent = 110 x 100/100 = 110%.Ans.
Q.72. In a sale a discount of 15% was available on all the articles. If Vinit purchased an article for Rs.4284 in the
sale, what was the actual selling price of the article?

Ans: (e) none of these
Explanation Q.72.
Vinits purchase price = 85% of Actual SP
:. Actual SP = 4284x100/85 = Rs.5040.Ans.
Q.73. The cost of 4 bags and 12 purses is Rs.1520. What is the cost of 10 bags and 30 purses?
Explanation Q.73.
The cost of 4 bags + 12 purses = Rs.1520
Cost of 10 bags = 30 purses = Rs.3800.Ans.
Q.74. A shopkeeper sells an item on a discount on 20% of printed price and makes 25% profit. If the printed price
of the item is Rs.4250 then what is the cost price?

Ans: (b) Rs.2720
Explanation Q. 74.
Assuming CP = x
SP = x + x . 25/100 = 5x/4 = 80% of printed price. i.e. Rs.4250.
i.e. 5x/4 = Rs.3400.
:. x = 3400 x 4/5 = Rs.2720. Ans.
Q.75. A shopkeeper purchased 175 items at Rs.35 per item. He spent Rs.875 on packing and Rs.1000 on
transport. He sold the items at the rate of Rs.60 per item. What is the percentage profit earned?
(a)25% (b)27.5% (c)30% (d)31.5% (e)None of these
Explanation Q.75.
Total CP = 175 x 35 + 875 + 1000 = Rs.8000.
Total SP = 60 x 175 =Rs.10500.
Profit = Rs.10500 Rs.8000 = Rs.2500.
Profit percent = 2500 x 100/8000 = 31.25% Ans.
Q.76. Ramesh purchased 64 items at Rs.450 per item. He invested Rs.1600 in transportation of these items.
What should be the selling price of each item if he has to gain 20% as profit?
(a)Rs.520 (b)Rs.540 (c)Rs.560 (d)Rs.570 (e)Rs.580
Ans: (d) Rs.570.
Explanation Q.76.
Total CP = 64 x 450 + 1600 = Rs.30400.
Total SP = 30400 + 20% of 30400.
= 30400 + 6080 = Rs.36480.
:. SP of each item = Rs.36480/64 = Rs.570.Ans.
Q.77. A person X sold an Item to Y at 40% loss, then Y sold it to third person Z at 40% profit and finally Z sold it
back to X at 40% profit. In this whole process what is the percentage loss or profit of X?
(a) No loss, no gain (b)40% profit (c) 40% loss (d)80% loss (e)None of these.
Ans: (e)None of these
Explanation Q.77.
Let the CP = Rs.100. for X.
Ys CP = Rs.60.
Zs CP = Rs.84.
Finally, Xs CP = Rs.117.6.
:. Xs loss = 117.6 60 = Rs.57.6
:. Xs loss percent = 57.6%.Ans.
Q.79. of a commodity is sold at 18% profit, 1/5 is sold at a profit of 15% and the rest at 35%. If a total profit of
Rs.321 is earned, then what is the value of the commodity?

Ans: (d) Rs.1200
Explanation Q.79.
i.e. x/4 X 18/100 + x/5 X 15/100 + [x- (x/4 + x/5) X 35/100] = Rs.321.
18x/400 + 3x/100 + 77x/400 = Rs.321.
= 18x + 12x + 77x/400 = Rs.321.
107x = 400 x 321
x = 400 x 321/107 = Rs.1200.Ans.
Q.80. Sunitha bought a watch at 40% discount on the selling price. If the watch costs her Rs.3414, what is the
original selling price of the watch?
Ans: (c) Rs.5690.
Explanation Q.80.
Let the original SP = x
Now SP = x x.40/100 = 60x/100
Given 60x/100 = Rs.3414
:. x = 3414 x 100/60 = Rs.5690.Ans.
Q.81. The cost of 21 books and 38 pens is Rs.1855. What is the cost of 18 books and 24 pens?
Ans: (a) Rs.1590.
Explanation Q.81.
The cost of 21 books + 28 pens = Rs.1855
Multiply each term by 6/7, we get
The cost of 21 x 6/7 books + 28 x 6/7 pens = Rs.1855 x 6/7
:. 18 books + 24pens = Rs.1590. Ans.
Q.82. On selling an item for Rs.90 a man gains 20%. In order to gain 48%, what will be the increase in its selling
praice?
(a)Rs.16 (b)Rs.18 (c)Rs.21 (d)Rs.24 (e)27
Ans: (c) Rs.21

Explanation Q.82.
CP = 90 x 100/120 = Rs.75
New SP = 75 + 75 x 48/100 = Rs.111.
Increase in SP = Rs.111 Rs.90 = Rs.21.Ans.
Q.83. A shopkeeper wants to to earn 12% profit on an item after giving 20% discount to the customer. By what
percentage should he increase his marked price to arrive at the label price?
(a)24% (b)32% (c)40% (d)16% (e)44%
Ans: (c) 40%
Explanation Q.83.
Let x = marked price and the CP be Rs.100.
Initial SP = Rs.112.
To give 20% discount = x 20x/100 = Rs.112.
= x x/5 = Rs.112, 4x = 112 x 5
x = Rs.140.
Here marked profit = Rs.40.
Percent profit = 40%. Ans.
Q.84. The owner of a furniture shop charges his customers 155 more than the cost price. If a customer paid
Rs.9039 for a sofa set, then what is the cost price of the sofa set?
Ans: (b) Rs.7860.
Explanation Q.84.
i.e. SP is 115% of CP
:. CP = 9039 x 100/115 = Rs.7860.Ans.
Q.85. 20% of the total cost of a plot with an area of 395 sq.ft. is Rs.78210. What is the rate of per sq.ft. of the
plot?
Explanation Q.85.
Total cost of the plot = 78210 x 100/20 = Rs.78210 x 5
Rate per sq.ft. = 78210 x 5/395 = Rs.990.Ans.
Q.86. A shopkeeper gave an additional 40% discount on the reduced price after giving 25% standard concession
on that item, if a perason bought that item faaor Rs.1260, what is the original price of the item?
Ans: (b) Rs.2800.
Explanation Q.86.
Let the original parice be x
The price sfter 1st concession of 25% = x 25x/100 = x x/4 = 3x/4
The Price after additional discount 40% = 3x/4 3x/4 X 40/100 = 30x 12x/40
= 9x/20, i.e. 9x/20 = Rs.1260, :. x = 1260 x 20 /9 = Rs.2800. Ans.
Q.87. A shopkeeper sold an item at Rs.1008 after giving a discount of 25% on the labeled price. Had he not given
the discount he would have earned a profit of 40% on the cost price. What is the cost price of the item?
Ans: (d) Rs.960
Explanation Q.87.
Labelled price = 1008 x 100/75 = Rs.1344 = 140% of CP
:. CP = 1344 x 100/140 = Rs.960.Ans.
Q.88. 20 apples were bought for a rupee. Approximately how many apples must be sold for a rupee to gain a
profit of 30%?
(a) 12 (b)10 (c) 18 (d)20 (e)15
Ans: (e) 15
Explanation Q.88.
Given 20 apples cost 100 paise.
:. 1 apples cost = 5 paisa.
For a getting a profit of 30% , the SP per apple should be equal to 6.5 paise.
:. For 1 Rupee, the No. of apples to be sold = 100/6.5 = 15 nos. approximately. Ans.
Q.89. A boy purchases 20 pens for Rs.15 and sells 15 pens for Rs.20. How much profit does he get?
(a)33 1/3% (b)21% (c)47 2/3% (d)66 2/3% (e) None of these

Explanation Q.89.
Purchase price of 1 pen = 15/20 = Rs.3/4.
SP of 1 en = 20/15 =Rs.4/3.
Profit = 4/3 = Rs.7/12
In 1 pen profit percent = 7/12 /3/4 x 100 = 77 7/9%.Ans.
Q.90. The cost of 17 kg of rice is Rs.374. The cost of 22 kg of atta is Rs.352 and the cost of 14 kg of pulse is
Rs.770. What will be the total cost of 26 kg of rice, 30 kg of atta and 18 kg of pulse?
Ans: (d) Rs.2042

Explaantiion Q.90.
The price of 1 kg Rice = Rs.22
The price of 1 kg Atta = Rs.16
The price of 1 kg Pulse = Rs.55
:. The total price of 26 kg Rice + 30 kg Atta + 18 kg Pulse = 26 x 22 + 30 x 16 + 18 x 55
= 572 + 480 + 990 = Rs.2042. Ans.
Q.91. On selling an item for Rs.1056 a person gain 20%. In order to gain 45% what be the increase in its selling
price?
(a)Rs.180 (b)Rs. 220 (c)Rs.310 (d)Rs.360 (e)None of these
Ans: (b) Rs.220/-
Explanation Q.91.
CP = Rs.1056 x 100/120 = Rs.880.
For 45% profit SP = 880 x 145/100 = Rs.1276.
:. Increase in SP = Rs.1276 1056 = Rs.1276 1056 = Rs.220/- Ans.
Q.92. A shopkeeper sold a TV at 18% discount on print rate. If the customer paid Rs.8856 for the TV and the
printed price is 20% more than its cost price, what is the cost price of the TV?
Ans: (b) Rs.9000/-
Explanation Q.92.
The printed price = 8856 x 100/82 = Rs.10800.
Printed price 20% more than CP.
:. CP = 10800 x 100/120 = Rs.9000.Ans.
Q.93. An electrician bought an old fan for Rs.420 and spent 25% of it on repairing. If he wants to make a profit of
Rs.126, what percentage of the cost price should be added to it?
(a)35% (b)45% (c)55% (d)60% (e) 66%
Ans: (c) 55%
Explanation Q.93.
CP + Repairing + Profit = 420 + 105 + 126 = Rs.651.
Increase will be = Rs.651 Rs.420 = Rs.231
:. Percentage increase to be added to CP = 231 x 100/420 = 55%.Ans.
Q.94. A plot of 5200 sq.ft. is available at the rate of Rs.48 per sq.ft. If 17% of the total cost of the plot is to be paid
for booking the plot, what is the booking cost?
(a)Rs.42432 (b)Rs. 42436 (c)Rs.42518 (d)Rs.42560 (e)Rs.43200

Ans: (a) Rs.42432
Explanation Q.94.
Total cost of the plot = Rs.48 x 5200 = Rs.249600
Booking cost = 17% of Rs.249600 (i.e. 17% = 10% + 5% +25)
= Rs.42432.Ans.
Q.95. The cost of 24 pens and 40 copies is Rs.520. What will be the cost of 42 pens and 70 copies?

Ans: (b) Rs.910.
Explanation Q.95.
The cost of 24 pens + 40 copies = Rs.520.
Multiplying each aterm by 7/4, we get
Cost of 42 pens + 70 copies = Rs.910.Ans.
Q.96. The profit earned by selling an item for Rs.820 is equal to the loss incurred when the same item is sold for
Rs.660. What should be the sale price of the item make 30% profit?
Ans: (a) Rs.962

Explanation Q.96.
Let x be the CP
Given 820 x = x 660
:.2x = 1480, x = Rs.740
Profit 30% = 740 x 30/100 = Rs.222.
Such an SP = 740 + 222 = Rs.962.Ans.
Q.97. A man sold a wrist watch for Rs.2400 at a loss of twenty five per cent. At what rate should he have sold the
wrist watch to earn a profit of twenty five percent?
Ans: (b) Rs.4000.
Explanation Q.97.
CP = 2400 x 100/75 =Rs.3200
25% of CP = Rs.800
To get a profit of 25% the SP should be = Rs.3200 800 =Rs.4000.Ans.
Q.98. The cost of 14 bats and 35 balls is Rs.1190. What will be the cost of 16 bats and 40 balls?
Ans: (c) Rs.1360.

Explanation Q.98.
The cost of 14 bats + 35 balls = Rs.1190.
Multiplying each term by 8/7. we get
16 bats + 40 balls =Rs.1360.Ans.
Q.99. Cost of 18 shirts and 45 trousers is Rs.68,400. What is the cost of 10 shirts and 25 trousers?
Ans: (a) Rs.38000.

Explanation Q.99.
The cost of 18 shirts + 45 trousers = Rs.68400
The cost of 10 shirts + 25 trousers = Rs.38000.Ans.
Q.100. A person bought an old TV at Rs.7200 and spent 15% of it on repairing. If he wants to make a profit of
Rs.648 then what percentage should be added to purchase price?
(a)15% (b)16% (c)20% (d)24% (e) 25%

Ans:(d) 24%
Explanation Q.100.
CP = Rs.7200
CP + repair cost + profit expected = Rs.7200 + 1080 +648 = Rs.8928.
The amount to be added to CP = Rs.8928 Rs.7200 = Rs.1728
The percentage of amount to be added to CP = 1728 x 100/7200 = 24%.Ans.
Q. 101. Prof. Chatterjee bought a car and got 15% of its orinal price as dealers discount. He then sold it at 205
profit on his purchase price. What percentage profit did he get on the original price?
(a) 2% (b)12% (c) 5% (d)17%
Ans: (a) 2%
Explanation Q.101.
Let the original CP of Car = Rs.100;
Chatterjees CP = Rs.85.
20% of Rs.85 = Rs.17
SP (Chatterjees selling price) = Rs.102.
:. Chatterjees profit = Rs.2.
So, profit percent = 2%. Ans.
Q. 102. The cost of 18 pens and 12 scissors is 756/-. What is the cost of 6 pens and 4 scissors?
(a) 252 (b) 189 (c) 378 (d) Cannot be determined (e) None of these
Ans: (a) 252
Explanation Q.102.
The cost of 18 pens + 12 scissors = 756.
Dividing each terms by 3, we get,

The cost of 6 pens = 4 scissors = 252.Ans.
Q. 103. A man sold a table at a loss of 10%. Had he been able to sell it at a gain of 10%, it would have fetched
Rs. 35 more than it did. What was the cost price?
(a) 150 (b) 165 (c) 170 (d) 175 (e) None of these
Ans: (d) 175.
Explanation Q.103.
Let the CP be x; then 110x/100 - 90x/100 = 35
i.e. 20x/100 = 35; x = 3500/20 = 175. Ans.
Q. 104. Harkamal purchased 8kg of grapes at the rate of 70 per kg and 9 kg of mangoes at the rate of
55 per kg. How much amount did he pay to the shopkeeper?

Ans: (d) 1055.
Explanation Q. 104.
Cost of 8 kg grapes = 70 8 = 560.
Cost of 9 kg of mangoes = 55 9 = 490.
Total cost he has to pay = 560 + 490 = 1055.Ans.
Q. 105. Suresh started a business, investing Rs.18000. After 3 months and 4 months respectively, Rohan and
Sudhir joined him with capitals of 12000 and 9000. At the end of the year the total profit was
Rs.3982. What is the difference between Rohans and Sudhirs share in the profit?
Ans: (c) 362
Explanation Q.105.
Suresh : Rohan : Sudhir
Ratio of their investments = 18000 12 : 12000 9 : 9000 8
= 6 : 3: 2
The difference between Rohans and Sudhirs share = 1 share
:.i.e. = Rs. 3982 1/11 = Rs.362.Ans.
Q.106. Narendra started a business, investing 30000. Six months later, Chandan joined him with 15000.
If they make a profit of 10000 at the end of the year, what should be the share of Narendra?
Ans: (b) 8000.
Explanation Q. 106.
The ratio of their investments = 30000 12 : 15000 6 = 4 : 1.
:. Narendras share on profit of Rs.10000 = 10000 4/5 = Rs.8000.Ans.
Q. 107. By selling a book for 270, 20% profit was earned. What is the cost price of the book?
Ans:(d) 225
Explanation Q. 107.
SP = 120% of CP; :. CP = 270 100/120 = 225.Ans.
Q.108. A shopkeeper sold some articles @ 35 per article and earned a profit of 40%. At what price each
article should have been sold so that 60% profit was earned?
Ans: (d) 40
Explanation Q.108.
SP = 140% of CP; :. CP = 35 100/140 = 25
Then, 60% of CP = 2.5 6 = 15
To set a profit of 60% the SP = 25 + 15 = 40. Ans.
Q. 109. The price of two tables and three chairs is Rs.5600. What will be the price of six tables and nine chairs?
(a) 16800 (b) 11200 (c) 22400 (d) Data inadequate (e) None of these
Ans: (a) 16800/-
Explanation Q. 109.
The cost of two tables + three chairs = 5600.
Multiply each term by 3, we get,

Cost of 6 table + 9 chairs = 16800.Ans.
Q. 110. Amit purchased a book with a 10% discount on the labeled price. How much did he pay if the labelled
price was 600?
(a) 480 (b) 360 (c) 540 (d) 340 (c) None of these
Ans: (c) 540
Explanation Q. 110.
Selling Price = 600 10% of 600 = 600 60 = 540. Ans.
Q.111. Kaavya sold an item for 4080 and incurred a loss of 20%. At what price should she have sold the item
to have gained a profit of 20%?

Ans: (a) 6120
Explanation Q. 111.
Cost Price = 4080 100 /80 ( Because SP is 80% CP)
= Rs. 5100.
For 20% profit = Rs. 5100 + 1020 = 6120. Ans.
Q. 112. The owner of an electronic store charges his customer 9% more than the cost price. If a customer
paid 1,26440 for an LED T.V., then what was the original price of the T.V.?
(a) 116000 (b) 114700 (c) 117500 (d) 118200 (e)None of these
Ans: (a) 116000.
Explanation Q. 112.
Selling Price = 109% of CP;
:. CP = 126440 100/109 = 116000.Ans.
Q. 113. The profit earned by selling on article for 900 is double the loss incurred when the same article is
sold for 450. At what price should the article be sold to make 25% profit?
(a) 750 (b) 800 (c) 600 (d) Data inadequate (e) none of these
Ans: (a) 750
Explanation Q.113.
Let x be the CP of the article;
Then 900 x = 2(x 450); :. x= 600.
25% of 600 = 150
:. New SP = 600 + 150 = 750.Ans.
Q. 114. A shopkeeper bought an article for Rs.319.60. Approximately at what price should he sell the article to
make 25 per cent profit?
(a) 600 (b) 500 (c) 450 (d) 550 (e) 400
Ans: (e) 400.
Explanation Q. 114.
25% of CP should be added to the CP to get a profit of 25%.
25% of 319.60 = 319.60/4 = 79.9.
:. SP = 319.60 + 79.9 = 399.50. = Rs.400. approx.Ans.
Q.115. The profit earned by selling an article for 752 is 1.2 times the loss incurred when the same article is
sold for 400. What is the cost price of the article?
(a) 520 (b) 580 (c) 560 (d) Data inadequate (e) None of these
Ans: (c) 560.
Explanation Q. 115.
Let x be the CP.
Then 752 x = 1.2(x-400); = 752 x = 1.2x -480
1232 = 2.2x; :. x=1232/2.2 = 560. Ans.
Q. 116. Shelly could get equal number of 25 per piece, 40 per piece and 65 per piece bangles. She
spent a total of 1560 for all the bangles. How many of each type did she buy?

Ans: (a) 12
Explanation Q. 116.
Let x be the No. of bangles in each type which is equal for all the types.
:. 25x + 40x + 65x = 1560
130x = 1560 and x= 12. Ans.

Q. 117. A television is brought for 13600 and sold at 15980. What is the gain per cent?
(a) 12.5% (b) 15% (c) 17.5% (d) 18.5% (e) 22.5%
Ans: (c) 17.5%
Explanation Q. 117.
CP = 13600; SP = 15980
Profit/ gain = 15980 13600 = 2380.
Gain percent = 2380 100/13600 = 17.5%.Ans.

Q. 118. A person sold 3/5 of a consignment at a profit of 35% and the rest at a loss of 25%. If there was an overall
profit of 715, what is the actual cost of the consignment?
(a) 6000 (b) 6300 (c) 6500 (d) 7000 (5) 7500
Ans : (c) 6500.
Explanation Q. 118.
Let the total CP = x
Then first SP = 3x/5 135/100 = 81x/100
And the second SP = 2x/5 75/100 = 30x/100
:. Total SP = 81x/100 + 3x/100 = 111x/100.
SP CP = profit, So, 111x/100 x = 715
i.e 11x = 71500 and so, x = 71500/11 = 6500.Ans.
Q. 119. A shopkeeper bought an item at 10% discount on its original price. He sold it at 35% increase on the
original price. What percentage profit did he get?
(a) 25% (b) 45% (c) 50% (d) 22 % (e) 42 %
Ans: (c) 50%
Explanation Q. 119.
Let the original price be 100.
Then his CP = 90. And he sold it at 135. Then, his profit = 135 90 = 45.
His percentage profit on the sale = 45 100/90 = 50%.Ans.

Q. 120. The profit earned after selling an article for 350 is the same as half of the loss incurred after selling
the article for 260. What is the cost price of the article?

Explanation Q. 120.
Let the profit = x.
Then, 350 x = 260 + 2x;
x= 30; Cost Price = 350 30 = Rs.320. Ans.
Q. 121. Ram sold an article for 3480 and earned a profit of 16%. At what price should it have been sold so
as to earn a profit of 32.5%?

(a) 3315 (b) 3572 (c) 4015 (d) 3975 (e) 5675
Ans: (d) 3975.
Explanation Q. 121.
SP = 116 % of CP = 3480 :. CP = 3480 100/116 = 3000/-
32.5% of 3000 = 975
:. The expected SP = 3000 + 975 = 3975. Ans.
Q. 122. A man leaves Rs.8600 to be divided among 5 sons, 4 daughters and 2 nephews. If each daughter
receives four times as much as each nephew and each son receives five times as much as each nephew,
how much does each daughter receive?
Ans:(c) 800.
Explanation Q. 122.
5 sons + 4 daughters + 2 nephews = 8600.
One daughter = 4 nephews and one son = 5 nephews

Then 4 daughters = 16 nephews and 5 sons = 25 nephews
So, it becomes, 25 nephews + 16 nephews + 2nephews = 8600 ; i.e. 43 nephews =8600
:. One nephew = 8600/43 = 200 :. Each daughter gets 4 200 = 800.Ans.
Q. 123. The selling price of 5 articles is the same as the cost price of 3 articles. The gain or loss is
(a) 20% gain (b) 25% gain (c) 33.33% loss (d) 40% loss (e) None of these
Ans: (d) 40% loss.
Explanation Q. 123.
There is a loss. Percentage of loss = 5 3/5 100 = 40%. Ans.
Q. 124. By selling an article for 480 a person lost 20%. For what should he sell it to make a profit of 20%?
(a) 800 (b) 760 (c) 720 (d) Rs.680 (e) None of these
Ans: (c) 720
Explanation Q. 124.
Here SP = 80% of CP = 480
:. CP = 480 100/80 = 600.
For a profit of 20 % it should be = 600 120/100 = 720.Ans.
Q. 125. A, B and C are partners of a company. During a particular year A received one-third of the profit, B
received one-fourth of the profit and C received the remaining Rs.5000. How much did A receive?
Ans: (b) 4000.
Explanation Q. 125.
Let x be the total profit in that particular year.
x-(x/3 + x/4) = 5000. x- 7x/12 = 5x/12 ; i.e. 5x /12=5000; :. x= 12000.
:. As amount = 12000/3 = 4000. Ans.
Q. 126. A book-seller bought 200 textbooks for 12000. He wanted to sell them at a profit so that he got 20
books free. At what profit per cent should he sell them?

(a) 10 (b) 11 (c) 11.5 (d) 12 (5) none of these
Explanation Q. 126.
Here, the profit = CP of 20 books out of 180 books and
now the CP of 180 books = 12000.
:. The profit percent = 20 100/180 = 11 1/9 %.Ans.

Q. 127. A shopkeeper marks his sarees at 20% above the cost price and allows the purchaser a discount of 10%
for cash buying. What profit per cent does he make?
Ans: (d) 8
Explanation Q. 127.
Let the CP of saree = 100.; then Marked price = 120
:. SP = 120 10% of 120 = 120 -12 = 108. So, profit = 8
:. Profit percent = 8%. Ans.

Q. 128. A gold bracelet is sold for 14500 at a loss of 20%. What is the cost price of the gold bracelet?
Ans: (a) 18125.
Explanation Q. 128.
The SP of the gold bracelet is 80% of the CP.
:. CP = 14500 100/80 = 18125.Ans.
Q. 129. Sonika spent Rs. 45760 on the interior decoration for her home, Rs.27896 on buying Air conditioner and
the remaining 28% of the total amount she had as cash with her. What was the total amount?
(a) 98540 (b) 102300 (c) 134560 (d) cannot be determined (e) None of these
Ans: (b) 102300
Explanation Q. 129.
The Total expense = 45760 + 27896 = 73656 = 72% of the Total amount.
:. Total amount = 73656 100/72 = 102300. Ans.
Q. 130. On selling an item for 276 a person gains 15%. In order to gain 35%, what should be the increase in
its selling price?

(a) 42 (b) 44 (c) 45 (d) 48 (e) 50
Ans: (d) 48.
Explanation Q. 130.
i.e. 115 % of CP = SP = 276
CP = 276 100/115 = 240
35% of 240 = 84.
:. Required increase in selling price = 324 276 = 48.Ans.
Q. 131. A person sells an item at a profit of 42%. If the customer pays 12496 for that item what is the net
profit (in ) of the person?
Ans: (c) 3696
Explanation Q.131.
Here, The SP is 142% of the CP;
:. CP = 12496 100/142 = 8800.
:. The net profit of the person = 12496 8800 = 3696.Ans.
Q. 132. Manoj incurred a loss of 40% on selling an article for 5700. What was the cost price of the article?
Ans; (e) None of these

Explanation Q.132.
Here, the Selling price only 60% of the Cost price;
So, Cost Price = 5700 100/60 = 9500.Ans.
Q. 133. Meenal purchased a car for Rs.250000 and sold it for Rs.348000. What is the percent profit she made on
the car?
(a) 40 (b) 39.2 (c) 38.4 (d) 38 (e) None of these.
Ans: (b) 39.2
Explanation Q. 133.
Actual profit = 348000 - 250000 = 98000.
So, the Profit percent = 98000 100/250000 = 39.2%.Ans.

Q. 134. A shopkeeper increases the original selling price of an item to its twice. The initial gain per cent is given
as 8%. Find out the new gain per cent.
(a) 64% (b) 116% (c) 164% (d) 180% (e) 205%
Ans: (b) 116%
Explanation Q. 134.
Let the Cost price = Rs.100
The initial gain per cent = 8%
So, original SP = 108
Twice the SP = 216
Then, the gain = 216 100 = 116 i.e. gain per cent = 116%.Ans.
Q. 135. A man buys a cycle at a discount of 15% and sells it for 2550. In this process, he makes a profit of
25%. Find the discount received by him.

Ans: (d) 360
Explanation Q. 135.
Man SP is 125% of his CP; So, his CP = 2550 100/125 = 2040.
2040 is 85% of the actual SP:. The actual SP = 2040 100/85 = 2400
:. The discount received by the man = 15% of 2400 = 360.Ans.
( or 2400 2040 = 360Ans.)

Q.136. A person sells two fans for 3200. The cost price of the first fan is equal to the selling price of the
second fan. If the first is sold at 40% loss and the second at 100% gain, what is total profit or loss?
Ans: (b) 200
Explanation Q. 136.
The cost price of 1st fan and SP of 2nd fan given to be equal, let it be 100.
On 1st fan there is a loss of 40%, So its SP = 60
Gain on 2nd fan is 100%, So, its CP = 50
:. Total cost price of two fans = 100 + 50 = 150
Total SP = 60 + 100 = 160
If total SP =160, then the corresponding cost price = 150
:. When total SP is 3200,
Then the cost price = 150/160 3200 = 3000.
Profit = 3200 3000 = 200.Ans.
Q. 137. A dishonest dealer sells his goods at the cost price, but he uses a weight of 900 gm for 1kgwt. What is
his gain per cent?
(a) 10% (b) 11% (c) 11 1/9% (d) 10 1/9% (e) None of these
Ans: (c) 11 1/9%
Explanation Q. 137.
Let the cost price of 1kg good = 100
He sells for 100, what he got for 90, then his gain =100 90 = 10
:. His gain per cent = 10/90100 = 100/9 = 11 1/9%. Ans.

Q. 138. A man sold 18 cots for Rs.16800, gaining thereby the cost price of 3 cots. Find the cost price of a cot.?
Ans: (b) 800
Explanation Q. 138
Let the cost of one cot = x
Then CP of 18 cots = 18x; given, SP of 18 cots = 16800
Gain = 3x
i.e. 16800 18x = 3x and 21x = 16800; :. x= 800
So, the cost of one cot = 800.Ans.
Q. 139. Raghavan purchased a scooter at 13/15th of its selling price and sold it at 12% more than its selling price.
His gain is
(a) 20% (b) 30% (c) 38 1/13% (d) 29 3/13% (e) None of thesey
Ans: (d) 29 3/13%
Explanation Q. 139.
Let the SP = 30000
Then CP = 30000 13/15 = 26000
Raghavans SP = 30000 +12% 0f 30000 = 33600
So, his actual gain = 7600 and the gain per cent = 7600 100/26000 = 29 3/13%.Ans.
Q. 140. A coconut merchant finds that the cost price of 2750 coconuts is the same as the selling price of 2500
coconuts. Find the percentage loss or gain.
(a) 5% loss (b) 10% gain (c) 15% loss (d) 20% gain (e) None of these
Ans: (b) 10% gain
Explanation Q. 140.
Let the CP of one coconut = 1
Then CP of 2750 coconuts = 2750
:. SP of 2500 coconuts = 2750; :. SP of one coconut = 2750/2500;
:. SP of 2750 coconuts = 2750 2750/2500 = 3025
Actual gain = 3025 2750 = 275 ; and the gain per cent = 275/2750 100 = 10%.Ans.
Q. 141. The cost of manufacture of an article was 900. The trader wants to gain 25% after giving a discount
of 10%. The market price should be

Ans: (b) 1250
Explanation Q.141.
Let x be the marked price of the article
Then, x- 10% of x = 900 + 25% of 900
x- 10x/100 = 900 + 225; 90x/100 = 1125 ; x = 112500/90 = 1250.Ans.
Q. 142. A shopkeeper purchase 12 balloons for 10 and sells them at balloons for 12. Thus, earns a
profit of
(a) 35% (b) 36% (c) 44% (d) 45% (e) None of these
Ans: (c) 44%
Explanation Q. 142.
CP of 12 balloons = 10; SP of 12 balloons = 12 1.2 = 14.4
(i.e. SP of 1 balloon = 1.2); So actual gain = 14.4 12 = 4.4
:. Profit per cent = 4.4/10 100 = 44%.Ans.

Q. 143. A man is paid 20 for each day he works and forfeits 3 for each day he is idle. At the end of 60
days he gets 280. Then, he was idle for
(a) 20 days (b) 25 days (c) 30 days (d) 40 days (e) None of these
Ans: (d) 40 days.
Explanation Q. 143.
Let the man is idle for x days
Then, 20 (60-x) 3x = 280
1200 23x = 280; then x =920/23 = 40
:. The man is idle for 40days.Ans.
Q. 144. Anuradha sold 2 books at 1.40 each. Her profit on one was 20% and her loss on the other was 20%.
Then, she
(a) Made no loss no gain (b) Gained 20-paise (c) Lost 12-paise (d) Lost 20-paise (e) None of these
Ans: (c) Lost 12-paise
Explanation Q. 144.
If there is a profit of x% and a loss of y%,
then the resultant profit or loss = x-y x y/100%
So, the resultant profit or loss = 20 20 - 2020/100 = -4%. ( - means loss)
Total SP = 2.80, which equals to 96% of CP of 2 books.
.: CP of 2 books = 2.80 100/96 = 2.92; :. Loss = 2.92 2.80 = .12 = 12paise.Ans.
Q. 145. A TV and a VCR together cost 35000. If TV is 1 times costlier than VCR, then the cost of VCR is

Explanation Q.145.
Let x be the cost of VCR;
Then, x+ (x+3x/2) = 35000.; i.e. 7x/2 = 35000; x= 10000
I.e. cost of VCR = 10000.Ans.
Q. 146. By selling a table for 350 instead of 400, loss per cent increase by 5%. The cost price of the
table is
(a) 1050 (b) 417.50 (c) 435 (d) 1000 (e) None of these
Ans: (d) 1000
Explanation Q. 146.
The difference in prices = 400 350 = 50, which equal to 5% of the cost,
:. The cost price = 50 100/5 = 1000.Ans.
Q. 147. A fan is listed at 1500 and a discount of 20% is offered on the list price. What additional discount
must be offered to the customer now to bring the net price

to 1104
Ans: (a) 8%
Explanation Q. 147.
After 20% discount the price of the fan = 1500 300 = 1200
The difference of the net selling price of 1104 = 1200 1104 = 96 further discount and
its percentage = 96 100/1200 = 8%.Ans.

Q. 148. The marked price of an article is 200. A discount of 12 % is allowed on the marked price
and a profit of 25% is made. The cost price of the article is

Ans: (d) 140
Explanation Q.148.
The SP = 200 12 % of 200 = 175 = 125% of the CP;
:. CP = 175 100/125 = 140.Ans.
Q. 149. If cost price is 80, overhead is 20 and selling price is 120, then the profit per cent
is
(a) 20% (b)50% (c) 40% (d) 30% (e) None of these
Ans: (a) 20%
Explanation Q. 149.
The CP = 80 + 20 = 100.
The SP = 120; and the profit = 120 100 = 20 i.e. = 20%.Ans.
Q. 150. If selling price of an article is 8/5 times its cost price, then profit percent on it is
Ans: (d) 60%
Explanation Q. 150.
Let the cost price be 10.
Then, SP = 10 8/5 = 16. So, profit = 6 and profit percent = 60%.Ans.
Q. 151. A man sells two articles at 99 each. On one he gains 10% and on the other he loses 10%.
What is his loss percent on the whole transaction?

(a) loss, 1% (b) Loss, 1.5% (c) Profit 1% (d) Profit, 1.5% (e) None of these
Ans: (a) Loss, 1%
Explanation Q. 151.
If there is a gain of a% and loss of a% in selling two articles for the same cost each, there will be always a
loss. Loss percent = a/100 %.
So, here the loss percent = 10/100 = 1% Loss. Ans.
Q. 152. The cost price of 18 articles is equal to the selling price of 15 articles. The gain percent is
Ans: (b) 20%
Explanation Q. 152.
Here, the profit is the cost of 3 articles out of 15;
So, the gain percent = 3 100/15 = 20%.Ans.
Q. 153. Mohan purchased an article and sold it for 2817.50 and earned 15 percent profit on the cost
price. What was the cost price of the article?

Ans: (b) 2450
Explanation Q. 153
The SP is 115% of the CP and is equal to 2817.50.
Then the CP = 2817.50 100/115 = 2450. Ans.
Q. 154. Ghanashyam purchased an article for 1850. At what price should he sell it so that 30% profit
is earned?
Ans: (c) 2405
Explanation Q. 154.
The SP should be CP + 30% of CP = 1850 + 555 = 2405. Ans.
Q. 155. On selling 17 balls at Rs.720, there is a loss equal to the cost price of 5 balls. The cost price of
each ball is
(a) 45 (b) 50 (c) Rs.55 (d) Rs.60 (e) none of these
Ans: (d) 60
Explanation Q. 155.
Here SP of 17 balls = CP of 12 balls = 720
Therefore, CP of 1 ball = 720/12 = 60. Ans.
Q. 156. A man purchases 12 apples for Rs. 8 and sells 8 apples for Rs.12. How much profit does he
make?
(a) 25% (b) 50% (c) 75% (d) 100% (e)125%
Ans: (e) 125%
Explanation Q. 156.
The Cost price of 1 apple = Rs. 8/12
The Selling Price of 1 apple = 12/8
Profit in 1 apple = 12/8 8/12 = 5/6
Per cent profit = 5/6 8/12 100 = 125%.Ans.
Q. 157. The price of 28 chairs is equal to that of 6 tables. The price of 18 chairs and 3 tables together is
Rs.4800. The total price of 15 chairs and 6 tables is
(a) Rs.7450 (b) Rs.6850 (c) Rs.6450 (d) Rs.1940 (e) Rs. 1240
Ans: (c) Rs.6450
Explanation Q. 157.
Let x be the cost of a chair and y be the cost of a table
Then, 28x = 6y; and 18x + 3y = 4800; y= 28x/6
18x + 328x/6 = 4800; i.e. 32x = 4800 and so, x = the cost of one chair = Rs.150 and the cost of one
table = y =Rs.700.
:. The total price 15 chairs and 6 tables = 15 150 + 6 700 = Rs. 6450. Ans.
Q. 158. A shopkeeper offers 10% discount on an article and still makes a profit of 20%. To him, what is
the actual cost of the article marked at Rs.500?
(a) Rs. 440 (b) Rs.425 (c) Rs.400 (d) Rs. 375 (e) None of these
Ans: (d) Rs.375.
Explanation Q. 158.
Marked price =Rs.500
Discounted price = Rs 450 and Rs. 450 is 120% of the CP ;
Therefore, actual CP = 450 100/120 = Rs. 375. Ans.
Q. 159. The marked price of a pen is Rs.60. After allowing a discount 10%, the merchant makes a profit of
20%. What is the cost price of the pen?
(a) Rs.40 (b) Rs.45 (c)Rs. 60 (d) Rs.80 (5)None of these
Ans: (b) Rs.45
Explanation Q. 159.
The discounted price = Rs. 54 which is 120% of CP; :. CP = 54 100/120 =Rs.45.Ans.
Q. 160. The present price of an article has been reduced by 20%. If the reduced price is Rs.800 per
quintal, then old price per quintal was
(a) Rs.900 (b)Rs.640 (c) Rs.960 (d)Rs.1000 (5)None of these
Ans: (d) Rs.1000.
Explanation Q.160.
The reduced price is 80% of the old price = Rs.800
The old price = 800 100/80 = Rs.1000. Ans.
Q. 161. A shopkeeper sold sarees at Rs.266 each after giving 5% discount on labeled price. Had he not
given the discount, he would have earned a profit of 12% on the cost price. What was the cost price of
each saree?
(a) Rs.280 (b)Rs.260 (c) Rs.240 (d) Data inadequate (e)None of these
Explanation
95% of the labeled price = Rs. 266; :. Labelled Price = 266 100/95 = Rs.280
i.e. 112% of CP = Rs.280; So, the cost price = 280 100/112 = Rs.250. Ans.
Q. 162. Sushma bought a microwave oven at a discount of 40% on the listed price. What is her
percentage profit if she sells the oven at 5% more than the listed price?
(a) 25 (b) 75 (c)45 (d) Cannot be determined (e) None of these
Ans: (b) 75%
Explanation:
Let the Listed price = Rs.100.
Then, her CP = Rs.60; So, her selling price would be = Rs. 105
Then, her profit = Rs.105 60 = Rs.45. and
her profit percent = 45 100/60 = 75%. Ans.
Q. 163. A profit of Rs.19488/- is distributed amongst three partners X, Y and Z in the ratio of 5 :2: 7
respectively. What is the total of Ys and Zs share?
(a) Rs.9744/- (b) Rs.12528/- (c) Rs.16704/- (d) Rs.14513/- (e) None of these
Ans: (b) Rs.12528/-
Explanation:
Let 5x, 2x and 7x be the shares of X, Y and Z respectively.
Then, 5x + 2x + 7x = Rs.19488, i.e. 14x = 19488, => x = 1392
Total share of Y and Z = 2 + 7 = 9,
So the amount = Rs.9x = Rs. 9 1392 = Rs.12528. Ans.
Q.164. The owner of a television shop charges his customer 25% more than the cost price. If the
customer paid Rs.8022 for a television then what was the actual cost of the TV?
(a) Rs.6500 (b) Rs.6200 (c) Rs.6400 (d) Rs.6450 (e)None of these
Explanation:
The customer paid Rs.8022 = 125% of actual cost price
:. The actual cost of television = 8022 100/125 = Rs.6417.60. Ans.
Q. 165. A man buys an article for 10% less than its value and sells it for 10% more than its value. His gain
or loss percent is
(a) Less than 20% profit (b) More than 20% profit (c) 20% profit (d)No profit, no loss (e) None of these
Ans: (b) More than 20% profit
Explanation:
Let the value of the article be Rs.100;
Then he buys it for Rs. 90 and Sells it for Rs.110
So, his profit = Rs.20; Then, there is a gain percent of = 20 100/90 = 22 2/9%. i.e. More than 20%
profit. Ans.
Q.166. A sum of Rs.370 is to be divided among A, B and C such that As share/Bs share = Bs share/Cs
share = . Then, As share (in rupees) is
Ans: (d) Rs.90.
Explanation:
Given that, A : B = 3 : 4; B : C = 3 : 4
A:B 3:4
B:C 3:4
A : B : C = 9 : 12 : 16; :. As share = 9 370/37 = Rs.90. Ans.
Q.167. An apple costs Rs.1.75 and an orange costs Rs.1.50. What will be the total cost of 3 dozens of
apples and 2 dozens of oranges?
(a) Rs.99 (b) Rs.63 (3)Rs.36 (d) Rs.100 (e)None of these
Ans: (a) Rs.99.
Explanation:
3 12 1.75 + 2 12 1.50 = Rs. 63 + Rs.36 =Rs.99. Ans.
Q. 168. Two motor cars were sold for Rs.9900 each gaining 10% on one and losing 10% on the other.
The gain or loss percent in the whole transaction is
(a)Neither loss nor gain (b) 1% profit (c)100/99% profit (d)1% loss (e)None of these
Ans: (d) 1% loss
Explanation:
I. S. P = Rs.9900; i.e. 110% of CP => CP = 9900 100/110 = Rs.9000
II. SP = 9900; i.e. 90% of CP => CP = 9900 100/90 = Rs.11000. So, Total CP = Rs.20000;
Total SP = Rs.19800; :. Loss = 200 100/20000 = 1% loss. Ans.
Q.169. By selling an article for Rs.240, a person loses 20%. To gain 20%, he should sell it for
Ans: (a) Rs.360
Explanation:
Here, the Selling price = 80% of the Cost price = Rs.240
Therefore, the cost price = 240 100/80 = Rs.300.
To get a gain of 20% he should sell it for Rs. 360. Ans. ( where 360 = 300 + 20% of 300)
Q.170. A bought 5 pencils for Rs.4 and sells 4 pencils for Rs.4. The gain per cent in the transaction is
(a)25% (b)20% (c)56 % (d)50% (e) None of these
Ans: (b) 20%
Explanation:
Out of 5 pencils the profit is 1 pencil;
So, the gain per cent = 1 100/5 = 20%. Ans.
Q. 171. If the ratio of the cost price and the selling price is 5 : 6, the gain per cent is
(a)20% (b)33 1/3% (c)25% (d)30% (e)None of these
Ans: (a) 20%
Explanation:
The profit = 6 5 = 1 unit of ratio
So, gain percent = 1 100/5 = 20%. Ans.
Q.172. If the cost price of 12 oranges is equal to selling price of 10 oranges, then the percentage of profit
is
(a)16 2/3% (b) 20% (c)18% (b)25% (e)None of these
Ans: (b)20%
Explanation:
The profit is 2 oranges when selling 10 oranges,
So, percentage of profit = 2 100/10 = 20%. Ans.
Q.173. A traders marked price is 30% above the cost price. He allows his customers 10% discount on the
marked price. What profit does he make?
Ans: (a) 17%
Explanation:
Let the cost price be Rs.100. Then the marked price = Rs.130.
So, the Selling price = Rs. 130 10% of 130 = Rs.117
:. The profit = 117 100 = Rs.17 and the profit percent = 17%. Ans.
Q.174. If the selling price of 16 items is same as the cost price of 20 items, then there is a
(a) loss of 20% (b)loss of 25% (c) gain of 20% (d) Gain of 25% (e) None of these
Ans: (a)
Explanation:
Here the loss = 4 items out of 20 items; So the loss percent = 4 100/20 = loss of 20%. Ans.
Q.175. If the cost of one watch, one plain sheet and one book together is Rs.480 and the cost of five plain
sheets and four books is Rs.550, what will be the cost of three books and a pen?
(a) Rs.480 (b)Rs.520 (c)Rs.665 (d) Data inadequate (e) None of these
Ans: (d) Data inadequate
Explanation:
x+y+z = 480 ; 5y + 4z = 550; So, data is not adequate.
Q.176. 100 oranges are bought for Rs.350 and sold at the rate of Rs.48 per dozen. The percentage of
profit or loss is
(a)15% loss (b)15% gain (c)14 2/7% loss (d)14 2/7% profit (e)None of these
Ans: (d) 14 2/7%profit
Explanation:
The cost price of 1 orange = Rs.3.50
The selling price of 1 orange = Rs.4.; :. Profit = Rs. 0.50
So, the profit per cent = 0.50 100/3.50 = 14 2/7% profit. Ans.
Q.177. An item costing Rs.840 was sold by a shopkeeper at a gain of 10% and it was again sold by the
new buyer at a loss of 5%. Final selling price of the item is
(a)Rs.877.80 (b)Rs.798 (c)Rs.924 (d)Rs.37.80 (e)None of these
Ans: (a) Rs.877.80
Explanation:
First selling price = Rs.840 + 84 = Rs.924
Second selling price = Rs.924 5% of 924 = 924 46.2 = Rs.877.80. Ans.
Q.178. A man bought a second-hand typewriter for Rs.1200 and spent Rs.200 on its repairs. He sold it for
Rs.1680. His profit per cent is
(a)20% (b)10% (c)8% (d)16% (e) None of these
Ans: (a) 20%
Explanation:
The CP of the typewriter = Rs. 1200 + 200 = Rs.1400
Its SP = Rs.1680; and the profit = 1680 1400 = Rs.280
So, profit percent = 280 100/1400 = 20%.Ans.
Q. 179. An article is sold at a profit of 20%. If it had been sold at a profit of 25%, it would have fetched
Rs.35 more. The cost price of the article is
(a) Rs.650 (b)Rs.700 (c)Rs.750 (d)Rs.800 (e)None of these
Ans: (b) Rs.700
Explanation:
The difference in percentage i.e. 25% - 20% =5% = Rs.35
i.e. 5% of the cost price = Rs.35; :. CP = 35 100/5 = Rs.700. Ans.
Q. 180. Some articles were bought at 6 for Rs.5 and sold at 5 for Rs.6. Gain is
Ans: (d) 44%
Explanation:
The cost price of 1 article = Rs.5/6
The selling price of 1 article = Rs.6/5
Profit = 6/5 5/6 = 11/30 and
profit percent = 11/30 5/6 100 = 11/30 6/5 100 = 11/25 100
= 44%. Gain. Ans.
Q. 181. A trader marked the price of his commodity so as to include a profit of 25%. He allowed discount
of 16% on the marked price. His actual profit was
(a)5% (b)9% (c) 16% (d)25% (e)None of these
Ans: (a) 5%
Explanation:
Let the cost price of his commodity = Rs.100
Then the marked price = Rs.125
And the selling price = Rs.125 16% of 125 = Rs.125 -20 =Rs.105.
Thus, his actual profit =Rs.5 and gain percent =5%.Ans.
Q. 182. By giving a discount of 10% on the marked price of Rs.1100 of a cycle, a dealer gains 10%. The
cost price of the cycle is
(a)Rs.1100 (b)Rs.900 (c)Rs.1089 (d)Rs.891 (e)None of them
Ans: (b) Rs.900
Explanation:
The selling price = Rs.1100 10% of 1100 = 1100 110 = Rs.990
Rs. 990 is 110% of the cost price, So, the CP = 990 100/110 = Rs.900.Ans.
Q. 183. A trader marks his goods at 20% above the cost price. If he allows a discount of 5% on the
marked price, what profit percent does he make?
(a)14% (b)16% (c)18% (d)20% (e) None of these
Ans: (a) 14%
Explanation:
Let the cost price of the good = Rs.100
Then, the marked price = Rs.120
Selling price = Rs.120 5% of 120 = 120 6 = Rs.114
So, his profit percent = 14%. Ans.
Q. 184. A discount of 14% on the marked price of an article is allowed and then the article is sold for
Rs.387. The marked price of the article is
Ans: (a)Rs.450
Explanation:
The selling price is 86% of the marked price and is = Rs.387.
So, The marked price = 387 100/86 = Rs.450.Ans.
Q. 185. A man sells two tables at the same price. On one he makes a profit of 10% and on the other he
suffers a loss of 10%. His loss percent on the whole transaction is
Ans: (b) 1% loss
Explanation:
Note: If there is an increase and decrease same percent, say,a% then there is always a loss
of a/100.
Therefore, in this problem, a = 10, and therefore, loss percent = 10/100
= 1% loss. Ans.
Q. 186. If the cost price of 50 oranges is equal to the selling price of 40 oranges, then the profit per cent is
Ans: (d) 25%
Explanation:
Because the cost price of 50 oranges = Selling price of 40 oranges
The profit is 10 oranges out of 40 oranges;
therefore, the profit percent = 10 100/40 = 25%. Ans.
Q. 187. 7000 bricks were purchased for Rs.5740. The cost of transportation of these bricks to
construction sight was Rs.805. What was the overall cost per thousand bricks?
(a)Rs.935 (b) Rs.6545 (c) Rs.812.50 (d) Rs. 654.50 (e) None of these
Ans: (a) Rs.935
Explanation:
The total cost of 7000 bricks including transportation
= Rs.5740 + Rs.805 = Rs.6545
Overall cost per 1000 bricks = 6545/7 = Rs.935. Ans.
Q.188. Chamanlal purchased 20 dozen note books @ Rs.48 per dozen. He sold 8 dozen at 10% profit
and the remaining12 dozens with 20% profit. What is the profit percentage in this transaction?
(a)15 (b) 7.68 (c)16 (d)19.2 (e)None of these
Ans: (c) 16
Explanation:
Total cost price = 20 48 = Rs.960/-
Amount of first selling = 8 Rs.52.80 = Rs.422.40
Amount of second selling = 12 Rs.57.60 = Rs.691.20
Total selling price = 422.40 + 691.20 = Rs.1113.60
Profit = 1113.60 960 = Rs.153.60
Therefore profit per cent in this transaction = 153.60 100/960 = 16%. Ans.
Q. 189. A ball pen factory decided to reduce its production by 10% over that of previous month for next 3
months starting from February 1999. In January 1999, it produced 3000 ball pens. How many ball pens
were produced in March1999?
Ans: (b) 2430
Explanation:
The no. of ball pens produced in January 1999 = 3000 given,
February 1999 = 3000 300 = 2700
March 1999 = 2700 270 = 2430. Ans.
Q.190. A customer purchased an office bag with a price tag of Rs.600 in a sale where 25% discount was
being offered on the tag price. The customer was given a further discount of 10% on the amount arrived
at after giving usual 25% discount. What was the final amount paid by the customer?
(a) Rs.390 (b) Rs.405 (c) Rs.540 (d)Rs.565 (e) None of these
Ans: (b) Rs.405.
Explanation:
After 25% usual discount the price = Rs. 600 150 = Rs.450
After 10% further discount it will be = 450- 45 = Rs. 405. Ans.
Q.191. A fruit seller buys lemons at 2 for a rupee and sells them at 5 for three rupees. His gain per cent is
(a)10% (b)15% (c)20% (d)25% (e)None of them
Ans: (c) 20%
Explanation:
The cost price of 1 lemon =Rs.0 .50
Selling price of 1 lemon = Rs.0.60; therefore, profit = Rs.0.10
:. Gain per cent = 0.10 100/0.50 = 20%. Ans.
Q. 192. After deducting a commission of 5%, a TV set costs Rs.9595. Its marked price is
(a)Rs.10000 (b)Rs.10074.25 (c)Rs.10100 (d)Rs.12000 (e)None of these
Ans: (c) Rs.10100
Explanation:
The cost of Rs.9595 of TV is 95% of the marked price;
Therefore, marked price = 9595 100/95 = Rs.10100. Ans.
Q. 193. If a person sells a sari for Rs.5200, making a profit of 30%, then the cost price of the sari is
(a)Rs.4420 (b)Rs.4000 (c) Rs.3900 (d)Rs.3800 (e)None of these
Ans: (b) Rs.4000
Explanation:
Selling price is 130% of the cost price;
Therefore, the cost price of sari = 5200 100/130 = Rs.4000. Ans.
Q.194. If the selling price of 40 articles is equals to the cost price of 50 articles, then the loss or gain per
cent is
(a) 25% loss (b)20%loss (c)25% gain (d)20% gain (e)None of these
Ans: (c) 25% gain
Explanation:
Here, the profit is 10 articles out of 40 articles
Therefore, the gain per cent = 10 100/40 = 25% gain. Ans.
Q. 195. Oranges are bought at the rate of 10 for Rs.25 and sold at the rate of 9 for Rs.25. The profit is
(a)9 1/11% (b)10% (c)11 1/9% (d)12 % (e)None of these
Ans: (c) 11 1/9%
Explanation:
Here, the profit is 1 orange out 9 oranges
So, the profit percent = 1 100/9 = 11 1/9%. Ans.
Q.196. Nikhil bought a painting at a certain price and sold it at Rs.462000 which was 10% more than the
original price. What was the price at which Nikhil bought the painting?
Ans: (a)Rs.420000
Explanation:
The price at which Nikhil sold is 110 % of his cost price,
So, his cost price= 462000 100/110 = Rs.420000.Ans.
Q. 197. The labeled price of a product is Rs.620. If it is sold at 15% discount and the dealers earn a 20%
profit, what is the cost price?
(a) Rs.439.16 (b) Rs.423.16 (c) Rs.412.16 (d) Rs.436.11 (e) None of these
Ans: (a) Rs.439.16
Explanation:
The selling price = Rs.620 15% of 620 = 620 93 = Rs.527
Rs.527 is 120% of the cost price; Therefore,
cost price = 527 100/120 = Rs.439.16. Ans.
Q. 198. If the cost of 12 pencils is equal to selling price of 10 pencils, the profit per cent in the
transaction is
(a) 16 2/3% (b) 18% (c) 20% (d)25% (e) None of these
Ans: (a) 16 2/3%
Explanation:
The profit is 2 pencils out of 12 pencils
Therefore, profit percent in the transaction = 2 100/12 = 16 4/6 = 16 2/3. Ans.
Q. 199. When a discount of 12% on the marked price of an article is allowed, the article is sold for Rs.264.
The marked price of the article is
(a) Rs.300 (b) Rs.276 (c)Rs.312 (d)Rs.325 (e)None of these
Ans: (a) Rs. 300
Explanation:
The selling price is 88% of the marked price;
Therefore, the marked price = 264 100/88 = Rs.300.Ans.
Q. 200. Successive discounts of 20% and 15% are equivalent to a single discount of
(a)35% (b)32% (c)17.5% (d)17% (e) None of these
Ans: (b) 32%
Explanation:
Let the marked price be Rs.100.
Then, SP will be = 100 20 = Rs.80 15% of 80 = 80 12 = Rs.68
Because, after the successive discounts the SP = Rs.68;
The effective discount = 32%. Ans.

Profit and Loss

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Profit and Loss

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Profit and Loss

1. Profit & Loss

Ans: (e) None of these

Ans: (e) None of these

Ans: (c) 331/3%.

(d) neither gain nor loss (e) None of these

Ans: (b) Gain of Rs.157.50

Ans: (e) None of these

Ans: (c) Rs.18 lakhs.

Ans: (c) Rs.369.

Ans: (a)3% profit

Ans:(e) None of these

Ans: (a) Rs.5824/-

Ans: (b) Rs.9600/-

Ans: (c) Rs.190

Ans: (e) None of these

Ans: (c) Rs.300

Ans: (a) Rs.1660

Ans: (e) None of these

Ans: (a) Rs.24600/-

Ans: (e) None of these

Ans: (b) Rs.84/-

Ans: (e) None of these

Ans: (a 250 kgs

Ans: (d) 41.17

Ans: (a) Rs.9200

Ans: (d) Rs.1891.

Ans: (a) Rs.216

(a)Rs.3.377 (b)Rs.4.473 (c)Rs.4.377 (d)Rs.4.743 (e)Rs.4.347

Ans: (d) Rs.4.743

Ans: (c) Loss of Rs.350

(a)Rs.1020.6 (b)Rs.398.8 (c)Rs.437.4 (d)Rs.583.2 (e)None of these

Increased area = 3 + 3 x 25/100 x 3 x 1.44/100 + 3 x 1.44 x 40/100

(a)Rs.60000 (b)Rs.80500 (c)Rs.60700 (d)Rs.70500 (e)None of these

Ans: (a) Rs.60000

Ans: (d) Rs.304.

(a)Rs.950 (b)Rs.1500 (c)Rs.1000 (d)Rs.1200 (e)None of these

(a)Rs.60515.84 (b)Rs.30257.92 (c)Rs.21612.80 (d)Rs.43324.60 (e)None of these

(a)Rs.3300 (b)Rs.2600 (c)Rs.2535 (d)Rs.3380 (e)None of these

Ans: (d) Rs.3,380.

(a)45% (b)90% (c)110% (d)180% (e)None of these

(a)Rs.5050 (b)Rs.5000 (c)Rs.5140 (d)Rs.4950 (e)None of these

(a)Rs.2400 (b)Rs.2720 (c)Rs.2850 (d)Rs.3000 (e)None of these

(a)Rs.2400 (b)Rs.1800 (c)Rs.1500 (d)Rs.1200 (e)None of these

Ans: (c) Rs.21

Ans: (e) None of these

Ans: (d) Rs.2042

Ans: (c) 55%

(a)Rs.42432 (b)Rs. 42436 (c)Rs.42518 (d)Rs.42560 (e)Rs.43200

(a)Rs.840 (b)Rs. 910 (c)Rs.970 (d)Rs.1020 (e)Rs.1080

(a)Rs.962 (b)Rs. 964 (c)Rs.967 (d)Rs.862 (e)None of these

Ans: (a) Rs.962

Ans: (b) Rs.4000.

(a)Rs.1345 (b)Rs. 1358 (c)Rs.1360 (d)Rs.1372 (e)Rs.1385

Ans: (c) Rs.1360.

Ans: (a) Rs.38000.

(a)15% (b)16% (c)20% (d)24% (e) 25%

Dividing each terms by 3, we get,

55 per kg. How much amount did he pay to the shopkeeper?

Multiply each term by 3, we get,

to have gained a profit of 20%?

(a) 12 (b) 14 (c) 16 (d) Cannot be determined (e) None of these

130x = 1560 and x= 12. Ans.