Profit and loss

A shopkeeper buys an article at ₹800 and marks it up by 50%. He offers a discount of 20% on the marked price. What is his profit percentage?

• 20%

• 50%

• 70%

• 80%

A trader sells two items at the same selling price of ₹500 each. On one, he gains 25%, and on the other, he loses 25%. What is his overall gain or loss percentage?

• 6.25% gain

• 6.25% loss

• 12.5% gain

• 12.5% loss

A man bought 40 pens for ₹480. He sold 12 of them at 10% loss and the remaining at 25% profit. What is his overall profit or loss percentage?

• 6% profit

• 10% profit

• 8% profit

• 12.5% profit

A shopkeeper allows a discount of 10% on the marked price of a product and still gains 20%. If the cost price of the product is ₹450, find the marked price.

• ₹650

• ₹625

• ₹600

• ₹580

A person sold an article for ₹840 and incurred a loss of 16%. At what price should he have sold it to earn a profit of 20%?

• ₹1260

• ₹1150

• ₹1200

• ₹1100

A trader buys a watch for ₹1,200. He marks it up by 40% and allows a discount of 10% on the marked price. What is his profit percentage?

• 30%

• 26%

• 24%

• 20%

A shopkeeper claims to sell his goods at cost price but uses a false weight of 900 g instead of 1 kg. What is his profit percentage?

• 12.5%

• 9.09%

• 11.11%

• 10%

A man sells an article at a loss of 15%. If he had sold it for ₹150 more, he would have gained 10%. Find the cost price of the article.

• ₹650

• ₹750

• ₹600

• ₹500

A person sells a chair at 10% profit and a table at 20% profit. If he earns ₹350 as total profit and the cost price of the chair is ₹1,200, find the cost price of the table.

• ₹1,000

• ₹1,200

• ₹1,300

• ₹1,400