Profit and Loss


  1. Arun buys one kilogram of apples for Rs. 120 and sells it to Swati gaining 25%. Swati sells it to Divya who again sells it for Rs. 198, making a profit of 10%. What is the profit percentage made by Swati?









  1. View Hint View Answer Discuss in Forum

    Given in question , C.P. for Arun = Rs. 120

    C.P. for Swati = Rs.
    120 × 125
    = Rs. 150
    100

    C.P. for Divya = Rs.
    100
    × 198 = Rs. 180
    110

    Correct Option: B

    Given in question , C.P. for Arun = Rs. 120

    C.P. for Swati = Rs.
    120 × 125
    = Rs. 150
    100

    C.P. for Divya = Rs.
    100
    × 198 = Rs. 180
    110

    ∴ S.P. for Swati = Rs. 180
    Profit = S.P. for Swati - C.P. for Swati = 180 - 150 = $ 30
    ∴ Profit percent =
    30
    × 100 =
    30 × 2
    = 20 %
    1503


  1. 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, the price paid by A is :









  1. View Hint View Answer Discuss in Forum

    Suppose C.P. of watch for A = Rs. y
    According to the question,

    y ×
    105
    ×
    104
    = 91
    100100

    Correct Option: A

    Suppose C.P. of watch for A = Rs. y
    According to the question,

    y ×
    105
    ×
    104
    = 91
    100100

    ⇒ y =
    91 × 100 × 100
    105 × 104

    ⇒ y =
    250
    = Rs. 83.33
    3



  1. If 3 articles are sold for the cost of 5 articles, then the profit percentage is :









  1. View Hint View Answer Discuss in Forum

    Let C.P. of each article = $ 1
    ∴ C.P. of 3 articles = $ 3
    S.P. of 3 articles = $ 5
    Profit = S.P. of 3 articles - C.P. of 3 articles = 5 - 3 = $ 2

    Profit percent =
    2
    × 100
    3

    Correct Option: C

    Let C.P. of each article = $ 1
    ∴ C.P. of 3 articles = $ 3
    S.P. of 3 articles = $ 5
    Profit = S.P. of 3 articles - C.P. of 3 articles = 5 - 3 = $ 2

    Profit percent =
    2
    × 100
    3

    Profit percent =
    200
    = 66
    2
    %
    33


  1. A dealer sold a bicycle at a profit of 10%. Had he bought the bicycle at 10% less price and sold it at a price Rs. 60 more, he would have gained 25%. The cost price of the bicycle was









  1. View Hint View Answer Discuss in Forum

    Suppose C.P. of cycle = Rs. y

    ∴ S.P. =
    110y
    = Rs.
    11y

    10010

    Case II,
    New C.P. = Rs.
    9y
    10

    11y
    + 60 =
    9y
    ×
    125
    1010100

    11y
    + 60 = Rs.
    9y
    108

    Correct Option: A

    Suppose C.P. of cycle = Rs. y

    ∴ S.P. =
    110y
    = Rs.
    11y

    10010

    Case II,
    New C.P. = Rs.
    9y
    10

    11y
    + 60 =
    9y
    ×
    125
    1010100

    11y
    + 60 = Rs.
    9y
    108

    9y
    -
    11y
    = 60
    810

    90y - 88y
    = 60
    80

    2y
    = 60
    80

    y
    = 60
    40

    ⇒ y = 60 × 40 = Rs. 2400



  1. A radio is sold at a profit of 20%. Had it been sold for Rs. 60 more the profit would have been 30%. The cost price of the radio is









  1. View Hint View Answer Discuss in Forum

    Suppose that C.P. of radio = Rs. y
    According to the question,

    130y
    -
    120y
    = 60
    100100

    10x
    = 60
    100

    ⇒ y = 60 × 10 = Rs. 600
    We can find required answer with the help of given formula :
    Here, a = 20%, R = Rs 60, b = 30%

    Correct Option: B

    Suppose that C.P. of radio = Rs. y
    According to the question,

    130y
    -
    120y
    = 60
    100100

    10x
    = 60
    100

    ⇒ y = 60 × 10 = Rs. 600
    We can find required answer with the help of given formula :
    Here, a = 20%, R = Rs 60, b = 30%
    C.P. =
    R
    × 100
    (b - a)

    C.P. =
    60
    × 100 = Rs. 600
    (30 - 20)