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Worksheets

Profit And Loss NTSE

Total questions: 25

Worksheet time: 25mins

Name
Class
Date
1.

On an Rs. 10, 000 payment order, a person has a choice between 3 successive discounts of 10%, 10% and 30% and 3 successive discounts of 40%, 5% and 5%. By choosing the better one he can save (in Rupees)

a)

2000

b)

2550

c)

4000

d)

4330

2.

 Arun purchased 30 kg of wheat at the rate of Rs 11.50 per kg and 20 kg of wheat at the rate of Rs 14.25 per kg. He mixed the two and sold the mixture. Approximately what price per kg should he sell the mixture to make 30% profit?

a)

Rs 14.80 

b)

Rs 15.40

c)

Rs 15.60   

d)

Rs 16.30 

e)

Rs 18.20

3.

Even after reducing the marked price of a transistor by Rs 32, a shopkeeper makes a profit of 15%. If the cost price was Rs 320, what percentage of profit would he have made if he had sold the transistor at the marked price?

a)

10%

b)

20%  

c)

25% 

d)

None of these

4.

Tarun got 30% concession on the labeled price of an article and sold it for Rs. 8750 with 25% profit on the price he bought. What was the labeled price?

a)

Rs 10,000  

b)

Rs 12,000

c)

Rs 16,000   

d)

Data inadequate    

e)

None of these.

5.

 A shopkeeper purchased 150 identical pieces of calculators at the rate of Rs 250 each. He spent an amount of Rs. 2500 on transport and packaging. He fixed the labeled price of each calculator at Rs 320. However, he decided to give a discount of 5% on the labeled price. What is the percentage profit earned by him?

a)

14%

b)

15%

c)

16%

d)

25%

6.

 In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?

a)

30%

b)

70%

c)

100%

d)

25%

7.

Two denims of Levi’s and Mufti, having the same marked price have been sold at 15% and 12% discounts, respectively. The cost price of Mufti was Rs. 160 less than the cost price of Levi’s. The profit earned on Levi’s and Mufti was 6.25% and 20% respectively. Find the marked price of each denim.

a)

2400

b)

4000

c)

4200

d)

2080

8.

The shopkeeper allows two successive discounts of 15 % and 10 %. If the percentage of markup price of an item is 20 % and the cost price of an item is Rs. 1500, then find the selling price of an item?

a)

Rs. 1563

b)

Rs. 1129

c)

Rs. 1377

d)

Rs. 1670

e)

None of these

9.

Naman bought a product at 30% discount on MRP, and claims to sell it at a profit of 20% on his cost price. When Shubham offered him Rs. 600, he cheated again, by giving him Rs. 100 instead of Rs. 200. Find overall profit of Naman?

a)

50%

b)

40%

c)

45%

d)

60%

e)

38%

10.

A sells an article to B at a profit of 10%. B sells the article back to A at a loss of 10%. In this transaction :-

a)

A neither losses nor gains

b)

A makes profit of 11%

c)

A makes profit of 20%

d)

B loses 20%

11.

A shopkeeper sold an article offering a discount of 5% and earned a profit of 23.5%. What would have been the percentage of profit earned if no discount was offered?

a)

24.5%

b)

28.5%

c)

30%

d)

Data inadequate

e)

None of these

12.

A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other varieties at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:

a)

No Profit/Loss

b)

5% 

c)

8%

d)

10% 

e)

None of these

13.

An uneducated retailer marks all his goods at 50% above the cost price and thinking that he will still make 25% profit, offers a discount of 25% on the market price. What is his actual profit on the sales?

a)

11.50%

b)

12.50%

c)

10.50% 

d)

None of these

14.

The simple interest at x% for x years will be Rs. x on a sum of :-

a)

Rs. xRs.\ x  

b)

Rs. 100xRs.\ \frac{100}{x}  

c)

Rs. 100xRs.\ 100x  

d)

Rs. 100x2Rs.\ \frac{100}{x^2}  

15.

Simran bought pet food worth Rs. 56000. She then sold 1/3rd of it incurring a loss of 40%. What profit she must earn on the rest of the supplies to nullify this loss?

a)

25%

b)

20%

c)

45%

d)

50%

16.

 If books bought at prices ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs. 300 to Rs. 425, what is the greatest possible profit that might be made in selling eight books?

a)

400

b)

600

c)

 800

d)

None of these

17.

Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is :

a)

6/19%

b)

6/17%

c)

60/11%

d)

 3⅗%

18.

 Sahil purchased a machine at Rs 10000, then got it repaired at Rs 5000, then gave its transportation charges Rs 1000. Then he sold it with 50% of profit. At what price he actually sold it.

a)

22000

b)

24000

c)

26000

d)

28000

19.

Divya went to a textile shop. When Divya asked the price of a saree the shopkeeper told her the price by increasing 18% of the original cost. But Divya insisted on decreasing the price by .18% so the shopkeeper sold it by decreasing the price by 18%. What is the loss or profit percent of the shopkeeper?

a)

3.25%

b)

2.5%

c)

3%

d)

 3.225%

e)

None of these

20.

By what percent must the cost price be raised in fixing the sale price in order that there may be a profit of 20% after allowing a commission of 10% ?

a)

33 ⅓ %

b)

133 ⅓ %

c)

25%

d)

 30%

21.

A dishonest seller used a weight of 800g in place of 1kg and added 20% impurities in sugar. What would be his profit percentage if he claims to be selling at cost price?

a)

20%

b)

44%

c)

 60%

d)

50%

22.

 A shopkeeper earns a profit of 15% after selling a book at 20% discount on the printed price. The ratio of the cost price and printed price of the book is?

a)

20:23

b)

23:30

c)

16:23

d)

23:16

23.

A sells a bicycle to B and makes a profit of 20%. B sells the same bicycle to C at a profit of 25%. If the final S.P. of the bicycle was Rs. 225, find out the cost price of the bicycle for A.

a)

120

b)

125

c)

140

d)

150

24.

A man purchased a carriage and horse for Rs. 1500. By selling the horse at 10% loss and carriage at 20% profit he earned a profit of 8% on the whole transaction.

a)

600

b)

900

c)

1000

d)

None of these

25.

Ajay incurred a loss of 20% by selling a vase for Rs. 2880. To get a profit of 20% at what price should he sell the vase?

a)

4320

b)

5760

c)

1440

d)

3500