Profit and Loss


  1. A buys oranges at Rs. 2 for 3 oranges and sells them at a rupee each. To make a profit of Rs. 10, he must sell ?









  1. View Hint View Answer Discuss in Forum

    Suppose he sells x oranges
    Then, C.P.of x oranges = Rs. 2x/3
    S.P. of x oranges = Rs. x

    Correct Option: C

    Suppose he sells x oranges
    Then, C.P.of x oranges = Rs. 2x/3
    S.P. of x oranges = Rs. x
    Profit on x oranges = Rs. (x - 2x/3) = Rs. x/3
    ∵ x/3 = 10 ⇒ x = 30


  1. The cost of 2 T.V. sets and a radio is Rs. 7000, while 2 radios and one T.V. set together cost Rs. 4250. The cost of a T.V. set is ?









  1. View Hint View Answer Discuss in Forum

    2 x + y = 7000 ....(i)
    x + 2y = 4250 .....(ii)

    Correct Option: D

    2 x + y = 7000 ....(i)
    x + 2y = 4250 .....(ii)
    Solving (i) and (ii) we get,
    x = 3250
    ∴ Cost of T.V. set is Rs. 3250.



  1. The loss incurred on selling an article for Rs. 270 is as much as the profit made after selling it at 10% profit. The C.P. of the article is ?









  1. View Hint View Answer Discuss in Forum

    Let C.P.be Rs. x then, x - 270 = 10% of x = x / 10
    ∴ x = 300

    Correct Option: D

    Let C.P.be Rs. x then, x - 270 = 10% of x = x / 10
    ∴ x = 300


  1. A discount series of 10%, 20% and 40% is equal to single discount of ?









  1. View Hint View Answer Discuss in Forum

    Let original price = Rs. 100
    Price after 1 st discount = Rs. 90
    Price after 2 nd discount = Rs. (80/100) x 90 = Rs. 72
    Price after 3 rd discount = Rs. (60/100) x 72 = Rs. 43.20

    ∴ Single equivalent discount = (100 - 43.20) = 56.8%

    Correct Option: B

    Let original price = Rs. 100
    Price after 1 st discount = Rs. 90
    Price after 2 nd discount = Rs. (80/100) x 90 = Rs. 72
    Price after 3 rd discount = Rs. (60/100) x 72 = Rs. 43.20

    ∴ Single equivalent discount = (100 - 43.20) = 56.8%



  1. The C.P. of an article is 40% of the S.P. The per cent that the S.P. is of C.P. is ?









  1. View Hint View Answer Discuss in Forum

    Let S.P. = Rs. 100
    Then C.P. = Rs. 40
    ∴ Required percent = (100/40) x 100% = 250%

    Correct Option: D

    Let S.P. = Rs. 100
    Then C.P. = Rs. 40
    ∴ Required percent = (100/40) x 100% = 250%