Profit and Loss

Profit and Loss

Easy Questions
Moderate Questions
Difficult Questions
Profit and Loss Tutorial

Aptitude

Simplification
Number System
Fractions
Elementary Algebra
LCM and HCF
Approximation
Unitary Method
Linear Equation
Quadratic Equation
Discount
Average
Surds and Indices
Percentage
Square root and cube root
Order of Magnitude
Work and Wages
Odd Man Out and Series
Algebra
Profit and Loss
Stocks and Shares
True Discount
Ratio, Proportion
Partnership
Alligation or Mixture
Time and Work
Pipes and Cistern
Speed, Time and Distance
Problem on Trains
Height and Distance
Banker's Discount
Boats and Streams
Races and games
Problems on Ages
Clocks and Calendars
Simple interest
Compound Interest
Sets and Functions
Area and Perimeter
Volume and Surface Area of Solid Figures
Sequences and Series
Plane Geometry
Logarithm
Probability
Permutation and Combination
Statistics
Mensuration
Trigonometry
Aptitude miscellaneous
  1. A man buys two hens for Rs. 500 each. He sod one for 15% profit and other for 5% loss. Find his profit percentage ?








  1. View Hint View Answer Discuss in Forum

    SP. of first hen = (115/100) x 500 = Rs. 575
    SP of second hen = (95/100) x 500 = Rs. 475
    Total SP = 575 + 475 = Rs. 1050
    Total CP = 2 x 500 = Rs. 1000
    Gain = SP - CP = (1050 - 1000) = Rs. 50

    Correct Option: A

    SP. of first hen = (115/100) x 500 = Rs. 575
    SP of second hen = (95/100) x 500 = Rs. 475
    Total SP = 575 + 475 = Rs. 1050
    Total CP = 2 x 500 = Rs. 1000
    Gain = SP - CP = (1050 - 1000) = Rs. 50
    Gain percentage = (50/1000) x 100 = 5%

  1. A person purchases 100 pens at a discount of 10% . The net amount of money spent by the person to purchase the pens is ₹ 600. The selling expenses incurred by the person are 15% on the net cost price. What should be the selling price for 100 pens in order to earn a profit of 25% ?








  1. View Hint View Answer Discuss in Forum

    Total cost price = 600 + 15% of 600
    = 600 + (600 x 15)/100 = ₹690

    Profit = 25%
    SP = CP(100 + Profit/100)

    Correct Option: C

    Total cost price = 600 + 15% of 600
    = 600 + (600 x 15)/100 = ₹690

    Profit = 25%
    SP = CP(100 + Profit/100)
    = 690{(100 + 25)/100} = (690 x 125) / 100
    = ₹ 862.50

  1. If 7 kg of tea of price ₹ 72 per kg is blended with 33 kg of tea of ₹ 87 per kg and 35 kg of ₹ 85 per kg and the mixture is sold at 15% profit, then what is the selling price of the mixture ?








  1. View Hint View Answer Discuss in Forum

    CP per kg of the mixture = (w1x1 + w2x2 + w3x3) / (w1 + w2 + w3)
    = (7 x 72 + 33 x 87 + 35 x 85)/75
    = (504 + 2871 + 2975)/75 = 6350/75 = ₹ 84.66

    Correct Option: D

    CP per kg of the mixture = (w1x1 + w2x2 + w3x3) / (w1 + w2 + w3)
    = (7 x 72 + 33 x 87 + 35 x 85)/75
    = (504 + 2871 + 2975)/75 = 6350/75 = ₹ 84.66
    Profit = 15%
    ∴ SP per kg = ₹ 84.66 + 15% of ₹ 84.66
    = ₹ 97.37

  1. A trader allows a discount of 10% on the marked price of an article. How much percentage above the cost price the article be marked to make a profit of 17% ?








  1. View Hint View Answer Discuss in Forum

    Let the CP be ₹ 100 and let MP be ₹ x above ₹ 100.
    Then, MP = ₹ (100 + x) and discount =10%
    ∴ SP = [(90/100) x (100 + x)] = ₹ 177

    Correct Option: B

    Let the CP be ₹ 100 and let MP be ₹ x above ₹ 100.
    Then, MP = ₹ (100 + x) and discount =10%
    ∴ SP = [(90/100) x (100 + x)] = ₹ 177
    ⇒ x = 30
    So, cost should be labelled at 30% above CP.

  1. A trader fixed the price of an article in such a way that by giving a rebate of 10% on the price fixed, he made a profit of 15% . If the cost of the article is ₹ 72. The fixed price on it, is ?








  1. View Hint View Answer Discuss in Forum

    Let the fixed price of article = ₹P
    Then, Selling price = 90% of P = (90 x P)/100 = ₹ 9P/10
    Also, the selling price = 115% of 72 = ₹(115 x 72)/100
    ⇒ (115 x 72)/100 = 9P/10

    Correct Option: C

    Let the fixed price of article = ₹P
    Then, Selling price = 90% of P = (90 x P)/100 = ₹ 9P/10
    Also, the selling price = 115% of 72 = ₹(115 x 72)/100
    ⇒ (115 x 72)/100 = 9P/10
    ∴ P = ₹ 92