Profit and Loss


  1. A trader lists his articles 20% above C.P. and allows a discount of 10% on cash payment. His gain per cent is ?









  1. View Hint View Answer Discuss in Forum

    Let C.P. = Rs. 100
    Then marked price = Rs. 120
    S.P. = 90% of Rs. 120 = Rs. 108

    Correct Option: B

    Let C.P. = Rs. 100
    Then marked price = Rs. 120
    S.P. = 90% of Rs. 120 = Rs. 108
    ∴ Required gain% = {(108 - 100) / 100} x 100% = 8%


  1. The difference between a discount of 40% on Rs. 500 and two successive discount of 36% and 4% on the same amount is ?









  1. View Hint View Answer Discuss in Forum

    Sale after 40% discount = 60% of Rs. 500 = Rs. 300
    Price after 36% discount = 64% of Rs. 500 = Rs. 320
    Price after next 4% discount = 96% of Rs. 320 = Rs. 307.20

    Correct Option: D

    Sale after 40% discount = 60% of Rs. 500 = Rs. 300
    Price after 36% discount = 64% of Rs. 500 = Rs. 320
    Price after next 4% discount = 96% of Rs. 320 = Rs. 307.20
    ∴ Required difference in two prices = (307.20 - 300) = Rs. 7.20



  1. By selling 45 oranges for Rs. 40, a man loss 20%. how many should he sell for Rs. 24 so as to gain 20% in the transaction ?









  1. View Hint View Answer Discuss in Forum

    Cost price for 45 oranges - 20% = Rs. 40.
    ∴ Cost price for 45 oranges = Rs. 50.

    When he sells for Rs. 24 his gain is 20%, hence cost price is Rs 20.

    Correct Option: B

    Cost price for 45 oranges - 20% = Rs. 40.
    ∴ Cost price for 45 oranges = Rs. 50.

    When he sells for Rs. 24 his gain is 20%, hence cost price is Rs 20.
    Number of oranges = (20 x 45)/50 = 18


  1. The marked price of an article is Rs. 480. The shopkeeper allows a discount of 10% and gains 8%. If no discount is allowed, his gain percent would be ?









  1. View Hint View Answer Discuss in Forum

    ∵ S.P. = (90% of Rs. 480) = Rs. 432
    Gain earned on it = 8%
    ∴ C.P. = Rs. (100/108) x 432 = Rs. 400
    If no discount is allowed, S.P. = Rs. 480
    ∴ Required gain% = (80 /400) x 100 % = 20%

    Correct Option: B

    ∵ S.P. = (90% of Rs. 480) = Rs. 432
    Gain earned on it = 8%
    ∴ C.P. = Rs. (100/108) x 432 = Rs. 400
    If no discount is allowed, S.P. = Rs. 480
    ∴ Required gain% = (80 /400) x 100 % = 20%



  1. A man sold an article for Rs.75 and lost something. had he sold it for Rs. 96, his gain would have been double the former loss. The C.P. of the article is ?









  1. View Hint View Answer Discuss in Forum

    Let the loss be Rs. x
    Then 75 = C.P. - x
    and 96 = C.P. + 2x

    Correct Option: B

    Let the loss be Rs. x
    Then 75 = C.P. - x
    and 96 = C.P. + 2x
    On subtracting we get,
    3x = 21
    ⇒ x = 7
    ∴ C.P. = 75 + x = Rs. 82