Profit and Loss


  1. By selling an article for Rs. 247.50 we get a profit of 121/2 %. The cost of the article is ?









  1. View Hint View Answer Discuss in Forum

    S.P. = Rs. 247.50
    Gain = 25 / 2%
    ∴ C.P. = Rs. {100 / (100 + 25 / 2) x 247.50}

    Correct Option: B

    S.P. = Rs. 247.50
    Gain = 25 / 2%
    ∴ C.P. = Rs. {100 / (100 + 25 / 2) x 247.50}
    = Rs. (100 x 2 / 225 x 247.50)
    = 220


  1. If the cost price of 15 tables be equal to the selling price of 20 tables, the loss per cent is ?









  1. View Hint View Answer Discuss in Forum

    Let C.P. of each table = Re. 1
    C.P. of 20 tables = Rs. 20
    S.P. of 20 table = C.P. of 15 tables = Rs. 15

    Correct Option: C

    Let C.P. of each table = Re. 1
    C.P. of 20 tables = Rs. 20
    S.P. of 20 table = C.P. of 15 tables = Rs. 15
    ∴ loss = (5/20) x 100 % = 25%



  1. Profit after selling a commodity for Rs. 425 is same as loss after selling it for Rs. 355. the cost of the commodity is ?









  1. View Hint View Answer Discuss in Forum

    Let C.P. = Rs. x
    ∵ 425 - x = x - 355

    Correct Option: B

    Let C.P. = Rs. x
    ∵ 425 - x = x - 355
    ⇒ 2 x = 780
    ∴ x = 390


  1. By selling an article for Rs. 100 one loses Rs. 10. Then the loss percent is ?









  1. View Hint View Answer Discuss in Forum

    S.P. = Rs. 100, Loss = Rs. 10
    ∴ C.P. = S.P. + Loss = Rs. 110
    ∴ Loss% = (10/110) x 100% = 91/11%

    Correct Option: B

    S.P. = Rs. 100, Loss = Rs. 10
    ∴ C.P. = S.P. + Loss = Rs. 110
    ∴ Loss% = (10/110) x 100% = 91/11%



  1. A man buys 10 articles for Rs. 8 and sells them at the rate of Rs. 1.25 per article. His gain is ?









  1. View Hint View Answer Discuss in Forum

    C. P. of 10 articles = Rs. 8
    S.P. of 10 articles = Rs. (1.25 x 10) = Rs. 12.50

    Correct Option: D

    C. P. of 10 articles = Rs. 8
    S.P. of 10 articles = Rs. (1.25 x 10) = Rs. 12.50
    ∴ Gain = (4.5/8) x 100 % = 561/4%