Profit and Loss

1 Adda247 | No.
1 APP for Banking & SSC Preparation

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2 Adda247 | No. 1 APP for Banking & SSC Preparation
PREFACE
B SSC examinations have evolved a lot from 2016, with changes in pattern now SSC
recruitment exams are dynamic in lieu of their conventional hold. ADDA 247 is
proud to present you the new constructive eBook which caters to the need of
ever-progressing demands and pattern for the upcoming examinations. The eBook
is designed meticulously by the most prominent individuals in this sector and
promises to provide you with an escapade that will broaden your horizons. We
should never be confined by the limits of our brain and this eBook which is
thoroughly revised and covers every crucial aspect of the examination assures you
that it will help you in transcending your limits. Our ultimate aim is to help
students develop de rigueur skills for success with proper approach.
Quantitative aptitude is one section which finds itself at the heart of this
examination. Solving Profit & Loss problems can sometimes be an uphill task;
therefore ADDA 247 presents you an eBook of Profit & Loss for SSC examination
which will serve as an elixir for our SSC aspirants. This eBook attempts to cover
every major type of Profit & Loss problems which have previously graced the SSC
exams with the hope to equip candidates with basic knowledge of what to expect
in the upcoming SSC Banking and exam 2017. In this edition of eBook there are
100 questions based on Profit & Loss.
The aim of this book is to help students learn and understand the new pattern of
SSC recruitment exam which will help them to maximize their scores in the
competitive examination. Desire is the key to motivation, but it's determination
and commitment to an unrelenting pursuit of your goal - a commitment to
excellence - that will enable you to attain the success you seek. This eBook is
designed so that you can unlock your hidden potentials.
"A pessimist sees the difficulty in every opportunity; an optimist sees the
opportunity in every difficulty."
- Sir Winston Leonard Spencer/Churchill
Team Adda247

THEORY
Cost Price (CP): The money paid by the shopkeeper to the

manufacturer or whole-seller to buy goods is called the cost price
(cp) of the goods purchased by the shopkeeper.
Selling Price (SP): The price at which the shopkeeper sells the
goods is called selling price (s.p) of the goods sold by the
shopkeeper to the customer.
Profit: If the selling price of an article is more than its cost price,
then the dealer (or shopkeeper) makes a profit (or gain)
i.e., Profit = SP – CP; SP > CP
Loss: If the selling price of an article is less than its cost price, the
dealer suffers a loss
i.e., Loss = CP – SP; CP > SP
Some Important formulae:

(i) Profit = SP – CP
(ii) Loss = CP – SP
(iii) Profit percentage ( )
(iv) Loss percentage ( )
( ) ( )
(v) ( ) ( )
(vi) ( ) ( )
Note: Profit/Loss percentage is always calculated on C.P. unless

otherwise stated.

Concept 1:
MARK UP AND DISCOUNT
Marked Price: To avoid loss due to bargaining by the customer and

to get profit over the cost price, the trader increases the cost price.
This increase is known as markup and increased price (i.e., cp +
markup) is called the marked price or printed price or list price of
the goods.
Marked Price = CP + markup

( )
Generally goods are sold at marked price, if there is no further

discount, then in this case selling price equals marked price.
Discount: Discount means reduction of marked price to sell at a
lower rate or literally discount means concession.
Basically, it is calculated on the basis of marked price.
Selling price = Marked price – Discount
( )
Concept 2:
Dishonest Dealer Case: If a trader professes to sell his goods at
cost price, but uses false weights, then
Concept 3:
When two articles are sold at same price but one of them at a profit
and another at a loss and the percentage profit is the same as the
percentage loss, in that case there is always a loss and
( ) ( )
Concept 4:
When two successive discounts % and % resp. are given on an
article, then net discount: ( )

QUESTIONS
1. Krishnan bought a camera and paid 20% less than its original
price. He sold it at 40% profit on the price he had paid. The
percentage of profit earned by Krishnan on the original price
was
(a) 22% (b) 32%
(c) 12% (d) 15%
2. If there is a profit of 20% on the cost price of an article, the
percentage of profit calculated on its selling price will be
(a) 24 (b)
(c) (d) 20
3. A merchant purchases a wrist watch for Rs. 450 and fixes its list
price in such a way that after allowing a discount of 10%, he
earns a profit of 20%. Then the list price of the watch is
(a) Rs. 650 (b) Rs. 700
(c) Rs. 550 (d) Rs. 600
4. The total cost of 8 buckets and 5 mugs is Rs. 92 and the total cost
of 5 buckets and 8 mugs is Rs. 77. Find the cost of 2 mugs and 3
buckets.
(a) Rs. 35 (b) Rs. 70
(c) Rs. 30 (d) Rs. 38
5. Nisha bought a number of oranges at 2 for a rupee and an equal
number at 3 for a rupee. To make a profit of 20% she should sell
a dozen for
(a) Rs. 6 (b) Rs. 8
(c) Rs. 10 (d) Rs. 12
6. A merchant loses 10% by selling an article. If the cost price of
the article is Rs. 15, then the selling price of the article is

(a) Rs. 13.20 (b) Rs. 16.50
(c) Rs. 12.30 (d) Rs. 13.50
7. The selling price of 5 articles is the same as the cost price of 3
articles. The gain or loss percent is:
(a) 20% gain (b) 25% gain
(c) 33.33% loss (d) 40% loss
8. If the cost price of 12 pens is equal to the selling price of 8 pens,
the gain per cent is:
(a) (b)
(c) 25% (d) 50%
9. The cost price of 25 articles is equal to the selling price of 20 of
them. The gain or loss percent is given by
(a) 20% loss (b) 25% gain
(c) 60% loss (d) 75% gain
10. If the cost price of 18 articles is equal to the selling price of 16
articles, the gain or loss is
(a) 25% gain (b) 25% loss
(c) loss (d) gain
11. A shopkeeper buys 144 items at Rs. 0.9 each. Out of these 20 are
broken. He sells the remainder at Rs. 1.20 each. His gain per
cent correct to one place of decimal is
(a) 13.8% (b) 14.6%
(c) (d)
12. If goods be purchased for Rs. 450 and one third sold at a loss of
10%, then at what gain percent should the remainder be sold so
as to gain 20% on the whole transaction?
(a) 32% (b) 35%
(c) 28% (d) 30%

13. Salim had to sell vegetables worth Rs. 5,750 for Rs. 4,500 due to
heavy rainfall. What is the loss percentage that he has incurred?
(a) 21.74% (b) 23.47%
(c) 20% (d) 23.45%
14. Ramesh bought 10 cycles for Rs. 500 each. He spent Rs. 2,000 on
the repair of all cycles. He sold five of them for Rs. 750 each and
the remaining for Rs. 550 each. Then the total gain or loss % is
(a) Gain of (b) Loss of
(c) (d)
15. I purchased 120 exercise books at the rate of Rs. 3 each and sold
of them at the rate of Rs. 4 each, of them at the rate of Rs. 5
each and the rest at the cost price. My profit per cent was
(a) 44% (b) %
(c) (d) 45%
16. A person bought some articles at the rate of 5 per rupee and the
same number at the rate of 4 per rupee. He mixed both the types
and sold at the rate of 9 for 2 rupees. In this business he suffered
a loss of Rs. 3. The total number of articles bought by him was
(a) 1090 (b) 1080
(c) (d)
17. Mohan bought 25 books for Rs. 2,000 and sold them at a profit
equal to the selling price of 5 books. The selling price of 1 book
is
(a) Rs. 100 (b) Rs. 120
(c) Rs. 150 (d) Rs. 200
18. A shopman bought pens at the rate of 7 for Rs. 10 and sold them
at a profit of 40%. How many pens would a customer get for Rs.
10?

(a) 6 (b) 4
(c) 5 (d) 3
19. A man buys a certain number of oranges at 20 for Rs. 60 and an
equal number at 30 for Rs. 60. He mixes them and sells them at
25 for Rs. 60. What is gain or loss per cent?
(a) Gain of 4% (b) Loss of 4%
(c) Neither gain nor loss (d) Loss of 5%
20. A person bought 50 pens for Rs. 50 each. He sold 40 of them at a
loss of 5%. He wants to gain 10% on the whole. Then his gain
percent on the remaining pens should be
(a) 15% (b) 40%
(c) 50% (d) 70%
21. By selling 14 watches of equal cost price at the rate of Rs. 450
each, there is a profit equal to the cost price of 4 watches. The
cost price of a watch is
(a) Rs. 350 (b) Rs. 360
(c) Rs. 375 (d) Rs. 400
22. A fruit-seller buys some oranges and by selling 40% of them he
realizes the cost price of all the oranges. He further sells 80% of
the remaining oranges at half the previous rate of profit. The
rest of the oranges being rotten are thrown away. The overall
percentage of profit is
(a) 80 (b) 84
(c) 94 (d) 96
23. A man sold his watch at a loss of 5%. Had he sold it for Rs. 56.25
more, he would have gained 10%. What is the cost price of the
watch (in Rs.)?
(a) 370 (b) 365
(c) 375 (d) 390

24. A milkman makes 20% profit by selling milk mixed with water
at Rs. 9 per litre. If the cost price of 1 litre pure milk is Rs. 10,
then the ratio of milk and water in the said mixture is
(a) 3 : 1 (b) 4 : 1
(c) 3 : 2 (d) 4 : 3
25. Nita blends two varieties of tea- one costing Rs. 180 per kg and
another costing Rs. 200 per kg in the ratio 5 : 3. If she sells the
blended variety at Rs. 210 per kg, then her gain percent is
(a) 10% (b) 11%
(c) 12% (d) 13%
26. Partha earns 15 per cent on an investment but loses 10 per cent
on another investment. If the ratio of two investments is 3 : 5,
then the combined loss percent is
(a) (b)
(c) (d)
27. A shopkeeper earns a profit of 12% on selling a book at 10%
discount on the printed price. The ratio of the cost price and the
printed price of the book is
(a) 99 : 125 (b) 25 : 37
(c) 50 : 61 (d) 45 : 56
28. The ratio, in which tea costing Rs. 192 per kg is to be mixed with
tea costing Rs. 150 per kg so that mixed tea, when sold for Rs.
194.40 per kg, gives a profit of 20%, is
(a) 2 : 5 (b) 3 : 5
(c) 5 : 3 (d) 5 : 2
29. The ratio of the quantities of sugar, in which sugar costing Rs.
20 per kg. and Rs. 15 per kg. should be mixed so that there will
be neither loss nor gain on selling the mixed sugar at the rate of
Rs. 16 per kg, is

(a) 2 : 1 (b) 1 : 2
(c) 4 : 1 (d) 1 : 4
30. A shopkeeper bought 80 kg of sugar at the rate of Rs. 13.50 per
kg. He mixed it with 120 kg of sugar costing Rs. 16 per kg. In
order to make a profit of 20%, he must sell the mixture at
(a) Rs. 18 per kg (b) Rs. 17 per kg
(c) Rs. 16.40 per kg (d) Rs. 15 per kg
31. To gain 10% on selling sample milk at the cost price of pure
milk, the quantity of water to be mixed with 50 kg. of pure milk
is
(a) 2.5 kg. (b) 5 kg.
(c) 7.5 kg. (d) 10 kg.
32. A loss of 20% is incurred when 6 articles are sold for a rupee. To
gain 20% how many articles should be sold for a rupee?
(a) 1 (b) 2
(c) 3 (d) 4
33. An article was sold at a profit of 12%. If the cost price would be
10% less and selling price would be Rs. 5.75 more, there would
be profit of 30%. Then at what price it should be sold to make a
profit of 20%?
(a) Rs. 115 (b) Rs. 120
(c) Rs. 138 (d) Rs. 215
34. Sourav purchased 30 kg of rice at the rate of Rs. 10 per kg and
35 kg at the rate of Rs. 11 per kg. He mixed the two. At what
price per kg (in Rs.) should he sell the mixture to make a 30%
profit in the transaction?
(a) 12.5 (b) 13
(c) 13.7 (d) 14.25

35. By selling an article at of the marked price, there is a loss of
10%. The profit percent, when the article is sold at the marked
price. is
(a) 20% (b) 30%
(c) 35% (d) 40%
36. At what per cent above the cost price, must a shop-keeper mark
his goods so that he gains 20% even after giving a discount of
10% on the marked price?
(a) 25% (b) 30%
(c) (d)
37. The marked price of an article is 50% above cost price. When
marked price is increased by 20% and selling price is increased
by 20%, the profit doubles. If original marked price is Rs. 300,
then original selling price is
(a) Rs. 200 (b) Rs. 250
(c) Rs. 240 (d) Rs. 275
38. The cost of manufacture of a tape recorder is Rs. 1,500. The
manufacture fixes the marked price 20% above the cost of
manufacture and allows a discount in such a way as to get a
profit of 8%. The rate of discount is
(a) 12% (b) 8%
(c) 20% (d) 10%
39. Richa purchased an articles at of its list price and sold it at 20%
more than the list price, Richa’s profit percent was
(a) 50% (b) 40%
(c) 30% (d) 25%
40. A shopkeeper sold sarees at Rs. 266 each after giving 5%
discount on labelled price. Had he not given the discount, he

would have earned a profit of 12% on the cost price. What was
the cost price of each saree?
(a) Rs. 280 (b) Rs. 260
(c) Rs. 240 (d) Rs. 250
41. A clock was sold for Rs. 144. If the percentage of profit was
numerically equal to the cost price, the cost of the clock was
(a) Rs. 72 (b) Rs. 80
(c) Rs. 90 (d) Rs. 100
42. If the profit on selling an article for Rs. 425 is the same as the
loss on selling it for Rs. 355, then the cost price of the article is
(a) Rs. 370 (b) Rs. 380
(c) Rs. 390 (d) Rs. 400

43. An article is sold at a loss of 10%. Had it been sold for Rs. 9
more, there would have been a gain of on it. The cost
price of the article is:
(a) Rs. 40 (b) Rs. 45
(c) Rs. 50 (d) Rs. 35
44. A book seller sells a book at a profit of 10%. If he had bought it
at 4% less and sold it for Rs. 6 more, he would have gained
The cost price of the book is
(a) Rs. 130 (b) Rs. 140
(c) Rs. 150 (d) Rs. 160
45. When an article is sold at a gain of 20%, it yields Rs. 60 more
than when it is sold at a loss of 20%. The cost price of the article
is
(a) Rs. 200 (b) R. 150
(c) Rs. 140 (d) Rs. 120
46. A book vendor sold a book at a loss of 20%. Had he sold it for
Rs. 108 more, he would have earned a profit of 30%. Find the
cost price of the book?
(a) Rs. 216 (b) Rs. 648
(c) Rs. 240 (d) Rs. 432
47. A businessman bought an article and sold it at a loss of 5%. If he
had bought it for 10% less and sold it for Rs. 33 more, he would
have had a profit of 30%. The cost price of the article is
(a) Rs. 330 (b) Rs. 155
(c) Rs. 150 (d) Rs. 300
48. By selling 4 articles for 1 rupee, a man loses 4%. Had he sold
three articles per rupee, the profit would have been:
(a) 30% (b) 28%
(c) 16% (d) 12%

49. A saleable article passes successively in the hands of three
traders. Each trader sold it further at a gain of 25% of the cost
price. If the last trader sold it for Rs. 250 then what was the cost
price for the first trader?
(a) Rs. 128 (b) Rs. 150
(c) Rs. 192 (d) Rs. 200
50. A piece of land came to a person through three middleman each
gaining 20%. If the person purchased the land for Rs. 3,45,600
the original cost of the land was
(a) Rs. 1,00,000 (b) Rs. 1,50,000
(c) Rs. 1,75,800 (d) Rs. 2,00,000
51. A person bought two bicycles for Rs. 1600 and sold the first at
10% profit and the second at 20% profit. If he sold the first at
20% profit and the second at 10% profit, he would get Rs. 5
more. The difference of the cost price of the two bicycles was:
(a) Rs. 50 (b) Rs. 40
(c) Rs. 25 (d) Rs. 75
52. A man buys a field of agricultural land for Rs. 3,60,000. He sells
one-third at a loss of 20% and two-fifths at a gain of 25%. At
what price must he sell the remaining field so as to make an
overall profit of 10%?
(a) Rs. 1,00,000 (b) Rs. 1,15,000
(c) Rs. 1,20,000 (d) Rs. 1, 25,000
53. One trader calculates the percentage of profit on the buying
price and profit on the buying price and another calculates on
the selling price. When their selling prices are the same, then the
difference of their actual profits is Rs. 85 and both claim to have
made 20% profit. What is the selling price of each?
(a) Rs. 1700 (b) Rs. 2100
(c) Rs. 2550 (d) Rs. 2750
54. A person sold an article at 20% profit on the selling price. After
wards, when the cost price reduced by 10%, then he also
reduced the selling price by 10%. His percentage of profit on
cost price will be
(a) 30% (b) 25%
(c) 22.5% (d) 12.5%
55. A trader purchases a watch and a wall clock for Rs. 390. He sells
them making a profit of 10% on the watch and 15% on the wall
clock. He earns a profit of Rs. 51.50. The difference between the
original prices of the wall clock and the watch is equal to
(a) Rs. 80 (b) Rs. 120
(c) Rs. 110 (d) Rs. 100
56. A man buys 3 cows and 8 goats in Rs. 47,200. Instead if he
would have bought 8 cows and 3 goats, he had to pay Rs. 53,000
more. Cost of one cow is:
(a) Rs. 11,000 (b) Rs. 12,000
(c) Rs. 13,000 (d) Rs. 10,000
57. A wholesaler sells 20 pens at the marked price (printed on the
article) of 16 pens to a retailer. The retailer in turn sells them at
the marked price. Determine the gain or loss per cent to the
retailer.
(a) 25% loss (b) 25% profit
(c) 20% loss (d) 20% profit
58. A man purchases some mangoes at the rate of 3 for Rs. 4 and the
same quantity at 5 for Rs. 6. If he sells all the mangoes at the rate
of 3 for Rs. 5, find his approximate gain or loss per cent.
(a) 35% loss (b) 32% loss
(c) 32% profit (d) 35% gain
59. Anand marks up the price of an article by 50% and then allows
a discount of 20% and sells it to Balaji. Balaji sells it for Rs. 20
more than what he purchased for, this S.P is 30% more than the
original C.P of the article. Then Balaji’s profit % is
(a) 7.5% (b) 6.66%
(c) 8.33% (d) 9%
60. A trader allows a trade discount of 20% and a cash discount of
on the marked price of the goods and gets a net gain of
20% of the cost. By how much above the cost should the goods
be marked for the sale?
(a) 40% (b) 50%
(c) 60% (d) 70%
61. A sells a scooter priced Rs. 36,000. He gives a discount of 8% on
the first Rs. 20,000 and 5% on the next Rs. 10,000. How much
discount can be afforded on the remaining Rs. 6,000 if he is to
get as much as when 7% discount is allowed on the total?
(a) 5% (b) 6%
(c) 7% (d) 8%
62. A shop-keeper sells a badminton racket whose marked price is
Rs. 30, at a discount of 15% and gives a shuttle cock costing Rs.
1.50 free with each racket. Even then he makes a profit of 20%.
His cost price, per racket, is
(a) Rs. 21.00 (b) Rs. 21.25
(c) Rs. 20.00 (d) Rs. 19.75
63. Mr. A bought a refrigerator with discount on the labelled
price. Had he bought it with 25% discount, he would have
saved Rs. 600. At what price did he buy the refrigerator?
(a) Rs. 6000 (b) Rs. 7200
(c) Rs. 7500 (d) Rs. 5000

64. A salesman is allowed discount on the total sales made by
him plus a bonus of on sales over Rs. 10,000. If his total
earnings were Rs. 1,990, his total sales (in Rs.) was
(a) 30,000 (b) 32,000
(c) 34,000 (d) 35,000
65. The marked price of a shirt and trousers are in the ratio 1 : 2.
The shopkeeper gives 40% discount on the shirt. If the total
discount on the set of the shirt and trousers is 30%, the discount
offered on the trousers is
(a) 15% (b) 20%
(c) 25% (d) 30%
66. A shopkeeper lists the price of an article as Rs. 500. But he gives
a certain discount which allows the buyer to pay Rs. 500 for the
article including 10% sales tax. The rate of discount is
(a) 10% (b)
(c) (d) 11%
67. During a month-long annual sale, a shopkeeper sells his goods
at a discount of 50%. But in the last week, he offers an
additional discount of 40%. If the original price of a shirt is Rs.
x, then the price, (in rupees) during the last week of the sale will
be
(a) 90% of x (b) 70% of x
(c) 30% of x (d) 10% of x
68. When a cycle manufacturer reduced selling price of cycle by
50%, the number of bicycles sold radically increased by 600%.
Initially the manufacturer was getting only 140% profit. What is
the percentage increase of his profit?
(a) 10% (b) 14%
(c) 0% (d) Cannot be determined
69. A man bought a scooter and a car. He sold all of them at 30%
profit. Scooter is sold at 10% profit. Cost price of scooter is of
the cost of car. Marked price of a car is Rs. 4,50,000. If he bought
scooter at a discount of 20% on marked price and car at a
discount of 10% on marked price then, what will be the ratio of
marked price of scooter to the selling price of the car.
(a) (b)
(c) (d)
70. At a cost of 60 paise per article, sarika produces 750 articles. She
puts the selling price such that if only 600 articles are sold, she
would have made a profit of 40% on the outlay. However, 120
articles got spoilt and she was able to sell 630 articles at this
price. Find her actual profit or loss percent as the percentage of
total outlay assuming that the unsold articles are useless.
(a) 47% profit (b) 51% profit
(c) 36% loss (d) 28% loss
71. Sasha goes to a shop to buy a sofa set and a center table. She
bargains for a 10% discount on the center table and 25%
discount on sofa set. However, the manager, by mistake
interchanged the discount percentage figures while making the
bill and Shasha paid accordingly. When compared to what she
should pay for her purchases, what percentage did Sasha pay
extra given that the center table costs 40% as much as the sofa
set.
(a) 7.1% (b) 7.5%
(c) 7.9% (d) 8.1%
72. Ajay calculates his profit percentage on the selling price
whereas Ram calculates his one the cost price. They find that the
difference of their profits is Rs. 100. If the selling price of both of

them are the same and both of them get 25% profit, find their
selling price?
(a) Rs. 1200 (b) Rs. 1500
(c) Rs. 1800 (d) Rs. 2000
73. A white goods dealer pays 10% custom duty on an I-Phone that
costs Rs. 25000 in UK. For how much should he mark it, if
desires to make a profit of 20% after giving a discount of 25% to
the buyer?
(a) Rs. 32,000 (b) Rs. 38000
(c) Rs. 44000 (d) Cannot be determined
74. A cab driver makes a profit of 20% on every trip when he carries
3 passengers and the price of petrol is Rs. 30 a litre. Find the
percentage profit for the same journey if he goes with four
passengers per trip and the price of petrol reduces to Rs. 24 a
litre?
(Assume that revenue per passenger is the same in both the
cases).
(a) 100% (b) 76%
(c) 54% (d) 43%
75. Himalayan Health care made 3000 strips of vitamin tablets at a
cost of Rs. 4800. The company gave away 1000 strips of tablets
to doctors as free samples. A discount of 25% is given on the
printed price. Find the ratio of profit if the price is raised from
Rs. 3.25 to Rs. 4.25 per strip and if at the latter price, doctors
were done away with.
(a) 36.7 (b) 49.3
(c) 63.5 (d) 71.7
76. Given that the cost price of 10 oranges is equal to the cost price
of 1 kg of apples and the cost price of 12 apples is equal to the
cost price of 1 kg of oranges. If the selling price of 15 oranges is

equal to the selling price of 1 kg of apples, then the selling price
of 1 kg of oranges is equal to selling price of (Assume that all
the apples are identical and this holds true for the oranges as
well.)
(a) 8 apples (b) 9 apples
(c) 4 apples (d) 6 apples
77. The market price of an article was 40% more than its cost price.
Rana was going to sell it at market price to a customer, but he
showed Rana some defects in the article, due to which Rana
gave him a discount of 28.57%. Next day he came again and
showed Rana some more defects, hence he gave him another
discount that was equal to 12.5% of the cost price. What was the
approximate profit/loss to Rana ?
(a) Loss of 12.5% (b) Profit of 12.5%
(c) Loss of 24.5% (d) Profit of 22.5%
78. A milkman purchases the milk at Rs. x per litre and sells it at Rs.
2x per litre still he mixes 2 litres water with every 6 litres of pure
milk. What is the profit percentage?
(a) 116% (b) 166.66%
(c) 60% (d) 100%
79. A man buy shares at a discount of Rs. x. Later he sold all but 10
of the shares he purchased at a premium of Rs. x. If his
investment was Rs. 4,500 and proceeds from the sale were Rs.
6,250, then how many shares did he buy originally? [Assume
the face value of shares as Rs. 100.]
(a) 40 (b) 50
(c) 60 (d) 70
80. The marked price of an article is increased by 25% and the
selling price is increased by 16.66%, then the amount of profit
doubles. If the original marked price be Rs. 400 which is greater
than the corresponding cost price by 33.33% , what is the
increased selling price?
(a) 240 (b) 360
(c) 420 (d) 450
81. Rahul went to purchase a Nokia mobile handset, the
shopkeeper told him to pay 20% tax if he asked the bill. Rahul
manages to get the discount of 5% on the actual saleprice of the
mobile and he paid the shopkeeper Rs. 3325 without tax.
Besides he manages to avoid to pay 20% tax on the already
discounted price, what is the amount of discount that he has
gotten?
(a) 750 (b) 450
(c) 650 (d) 875
82. John sells his laptop to Mark at a loss of 20% who subsequently
sells it to Kevin at a profit of 25%. Kevin after finding some
defect in the laptop, returns it to Mark but could recover only
Rs.4.50 for every Rs. 5 he had paid. Find the amount of Kevin’s
loss if John had paid Rs. 1,75,000 for the laptop ?
(a) 16500 (b) 17500
(c) 18500 (d) 16550

83. A driver of auto rickshaw makes a profit of 20% on every trip
when he carries 3 passengers and the price of petrol is Rs. 30 a
litre. Find the % profit for the same journey if he goes for 4
passengers per trip and the price of petrol reduces to Rs. 24
litres ?
(a) 68% (b) 80%
(c) 75% (d) 100%
84. Arun is a cashew merchant in Telangana. He has cashews in
sealed wooden boxes of 10kg each. The price of the cashew
increases by Rs.20 per kg for every year, but at the same time,
10% of the cashews are eaten by rodents every year. If the price
of 1 kg of fresh cashew is Rs.120, what is the change in his
profits if he sells a sealed box after one year of storage, rather
than selling it fresh ? (In Rs.)
(a) 60 (b) 54
(c) 80 (d) 75
85. A trader marks up the cost price of his commodities by 10%, but
sells them on a faulty balance that shows a weight of 1100 gm.
as 1 kg. Furthermore he offers a discount of 10% to all his
customers. To a loyal customer, he gives a further discount of
5%. If he sells commodities to 20 loyal and 10 non-loyal
customers in a day, find his overall profit/loss percentage for
the day approximately.
(a) 13% profit (b) 13% loss
(c) 9% profit (d) 9% loss
86. A trader marks up the cost price of his commodities by 25%. He
further marks up the already marked up price by 10%. He
allows some discount and earns a net profit of 12.5%. Calculate
his profit/loss on sale of a commodity worth Rs 1000 had he not
made initial mark up and other conditions remained same.

(a) loss of Rs. 100 (b) profit of Rs. 100
(c) loss of Rs. 200 (d) profit of Rs. 200
87. A shopkeeper allowed a discount of 25% on marked price of an
item and observed a profit of 20%. Had he allowed 20%
discount on marked price he would have earned a profit of Rs.
49. What is the original selling price of item?
(a) 320 (b) 230
(c) 210 (d) 250
88. A trader sells his goods and makes a profit of 5%. His cost price
increased by 20% and as a result he increases his S.P. also by
20%. What profit % does he earn?
(a) 10% (b) 5%
(c) 15% (d) 8%
89. A dishonest dealer marks up the price of his goods by 20% and
gives a discount of 10% to the customer. Besides, he also cheats
both his supplier and his buyer by 100 grams while buying or
selling 1 kilogram. Find the percentage profit earned by the
shopkeeper?
(a) 20% (b) 25%
(c) 32% (d) 27.5%
90. Mohit bought 25 refrigerators and some Air Conditioners for
Rs. 2,05,000. He sold 80% of the refrigerators and 12 Air
Conditioners ovens for a profit of Rs. 40,000. Each refrigerators
was marked up by 20% over cost and each Air Conditioners
was sold at a profit of Rs. 2,000. The remaining refrigerators and
remaining 3 Air Conditioners could not be sold. What is
Raghav’s overall profit/loss ?
(a) Rs. 1000 profit (b) Rs. 2500 loss
(c) Rs. 1000 loss (d) Can’t be determined

91. A watch dealer incurs an expense of Rs. 150 for producing every
watch. He also incurs an additional expenditure of Rs. 30,000,
which is independent of the number of watches produced. If he
is able to sell a watch during the season, he sells it for Rs. 250. If
he fails to do so, he has to sell each watch for Rs. 100.If he
produces 1500 watches, what is the number of watches that he
must sell during the season in order to breakeven, given that he
is able to sell all the watches produced?
(a) 500 (b) 700
(c) 800 (d) 1000
92. A dealer offers a cash discount of 20% and still makes a profit of
20%, and he further allows 4 more articles to a dozen to a
particularly sticky bargainer. How much per cent above the cost
price were his products listed ?
(a) 100% (b) 80%
(c) 75% (d) 66%
93. Jonny has two bags and one shirt. The shirt is worth Rs. 156. If
he sells the shirt along with the first bag, he has an amount
double that of the value of the second bag. But it he decides to
sell the shirt along with the second bag, the amount received
would be less than the value of first bag by Rs. 356. What is the
value of first bag?
(a) Rs. 1180 (b) Rs. 900
(c) Rs. 898 (d) Rs. 1280
94. A merchant can buy goods at the rate of Rs. 20 per good. The
particular good is part of an overall collection and the value is
linked to the number of items that are already on the market.
So, the merchant sells the first good for Rs. 2, second one for Rs.
4, third for Rs. 6…and so on. If he wants to make an overall

profit of at least 40%, what is the minimum number of goods he
should sell?
(a) 24 (b) 18
(c) 27 (d) 32
95. The Maximum Retail Price (MRP) of a product is 60% above its
manufacturing cost. The product is sold through a retailer, who
earns 20% profit on his purchase price. What is the profit
percentage for the manufacturer who sells his product to the
retailer? The retailer gives 10% discount on MRP.
(a) 20% (b) 30%
(c) 25% (d) 36%
96. A shopkeeper buys some article at a discount of 20% on MRP.
He then marked the goods 30% higher than the MRP. While
selling he gives discount of 20%. He sells 60% of the goods at
normal 20% discount and remaining with discount on MRP
thus his overall profit% is 23.5. Find the value of
(a) 25% (b) 30%
(c) 35% (d) 27.5%
97. While selling some product a person incurs a loss of 25% of
marked price. Had he sold 80% item at 50% higher than the
initial selling price and rest at Rs. 15 less than the increased
selling price and earned a profit of 122% of cost price. Find the
profit in Rs. if he sells one product at 100% higher than the
initial selling price. It is given that the marked price is double
the cost price. Assume he have 100 piece of product.
(a) 200 (b) 250
(c) 350 (d) 100
98. A product is sold at 1840 and made some profit but while
selling at Rs. 960. He incurs loss. And the loss incurred when
selling at 960 is more than the profit earned while
selling at Rs. 1840. Find the selling price of the product if the
shopkeeper wants to earn 25% profit of S.P.
(a) 2000 (b) 3000
(c) 3500 (d) 2750
99. A product is sold at 10% discount on marked price and he earns
a profit of 50%. He wants to earn 16 % more profit then Earlier.
And allowing a discount of 20%. Find how much % more he
should marked the price of goods from initial marked price.
(a) 20.5% (b) 22.75%
(c) 18.75% (d) 27.50%
100. A milk vendor cheats his customer by mixing water in milk.
He had 30 Lt of mixture in which concentration of water is 15%.
Due to complain from customer has replaced some quantity
mixture by milk and the final concentration of water in new
mixture is 7%. He sold the replaced quantity taken out of the
initial mixture at 90% of cost price and the new mixture at 125 %
of cost price. Find the overall profit% (approx.) Assume water
available at zero cost.
(a) 25% (b) 30%
(c) 35% (d) 27.5%

SOLUTIONS
1. (c) ; Let original price of camera = 100

Sales price =
Profit = 112 – 100 = 12%
2. (b); Let cost price of article = 100

Profit = 20%
Selling price = 120
Percentage of profit on selling price =
3. (d); Let the list price of the watch will be

C.P. = 450
Profit = 20%
S.P.
Then, Rs. 600
4. (a); Let the cost of one bucket be

and, mugs will be
…………(i)
…………(ii)
On solving
and
( ) ( )
5. (a); Let she bought 100 oranges.

Total C.P.
So, S.P. =
So, required S.P. of 1 dozen = Rs. 6
6. (d); C.P. = 15
Loss = 10%
S.P. =
7. (d); Let the C.P. of 1 article = 100

C.P. of 3 article = 300
S.P. of 1 article =
Loss = 100 – 60 = 40
Loss % =

8. (d); Let the C.P. of 1 pen = Rs. 10
C.P. of 12 pen = Rs. 120
S.P. of 1 pen =
Gain = 15 – 10 = 5
Gain % =
9. (b); Let the C.P. of 1 article = Rs. 10

S.P. of 1 article =
Gain = 12.5 – 10 = 2.5
Gain % =
10. (c); Let the C.P. of 1 article = 100
S.P. of 1 article =
Gain = 11.5 – 100 = 12.5
Gain%
11. (c); Total C.P. = 144 × 0.9 = 129.6
Total S.P. = (144 – 20) × 1.20 = 148.8
Required profit % =
12. (b); C.P = 450

S.P.
S.P. of goods =
S.P. of Remainder ( ) ( )
135
Gain % 35%
13. (a); Loss = 5750 – 4500 = 1250
Loss % =
14. (d); Purchase price = 500 × 10 = 5000

Repairing change = 2000
Total C.P. = 7000
S.P. of 5 cycles = 750 5
S.P. of Remaining = 550 × 5 = 2750
Total S.P. = 3750 + 2750 = 6500
Loss = 7000 – 6500 = 500
Loss% =
15. (b); Total C.P. = 120 × 3 = Rs. 360

Total S.P. = ( )
= 160 + 300 + 60
= 520
( )
Profit % =
16. (b); Let the total quantity of articles be

C.P. of Ist articles =
C.P. of 2nd articles =
Total C.P. =
Total S.P. =
Loss = C.P. – S.P.

Total quantity of articles =
17. (a); Let the S.P. of 1 book be

Total S.P = 25
Total C.P. =
18. (c); C.P. of 1 pen =

S.P. of 1 pen =
Customer gets pens in 10 Rs. = 5
19. (b); Let the man by 60 oranges of each kind.

Total C.P. of 60 oranges of each kind =
Their S.P =
Loss = (300 – 288) = 12
Loss% =
20. (d); C.P. of 50 pen = 50 × 50 = 2500

For profit of 10%,
S.P. =
S.P. of 40 pens =
S.P. of remaining 10 pens = 2750 – 1900 = 850
Gain% =

21. (a); Let the C.P. of 1 article =
Total C.P. =
S.P. =
22. (b); Number of oranges bought = 100 (let)

C.P. = Rs. 100 (let)
S.P. of 40 Oranges = 100
Gain% =
80% of remaining oranges =
These are sold at a profit of 75%
Gain% = 84%
23. (c); Let the C.P. of watch =

S.P. =
By question,
( )
24. (a); Let Milk : Water = K : 1

S.P. = (K + 1) × 9
C.P. = 10K
Gain = 9 – K
Gain % =
K=3
Ratio = 3 : 1
25. (c); Total C.P of tea = (180 × 5) + (200 × 3) = 1500

S.P. of tea = 210 × (5 + 3) = 1680
( )
Gain% = = 12%
26. (d); Let investments be 300 and 500

Combined loss ( )
=5
Loss% =
27. (d); Let the printed price of the book be

Selling price = 90% of
If the C.P. of the book be then
= 45 : 56
28. (a); By the rule of allegation,

C.P. of mixed tea = kg
Required ratio
29. (d); By the rule of allegation,
Ratio = 1 : 4

30. (a); Total C.P. of the sugar = (80 × 13.50) + (120 × 16)
= 1080 + 1920
= 3000
S.P. on 20% profit =
S.P. of per kg = Rs.
31. (b); Let the quantity of water mixed be kg.

Let the C.P. of 1 kg of pure milk = 1
Gain% =
kg.
32. (d); 6 article sold in a rupee

S.P. of 1 article =
C.P. =
To gain 20%
Than S.P. =
4 articles sold for a rupee.
33. (c); C.P. of article =

S.P.
New C.P. =
S.P.

Required S.P. =
34. (c); Total C.P. of rice = (30 × 10 + 35 × 11) = 685

Required S.P. =
Rate per kg =
35. (c); Let marked price =

S.P. =
C.P. =
Profit% Marked price
= 35%
36. (c) Let the C.P. be Rs. 100.
S.P. = 120
Let the marked price be
Then, of
37. (b); Let the original S.P. be .

C.P. of the article
After corresponding increases
( )

38. (d); Marked price of tape recorder
Gain
Discount = 1800 – (1500 + 120) = 180
Let Discount percent =
Then,
39. (a); Let list price of article = 100

CP for Richa =
Gain = 120 – 80 =40
Gain % =
40. (d); Let C.P. of each Sari =

Marked price =
41. (b); Let the C.P. of Clock be x

( )
S.P.
( ) ( )
( )( )
( )
42. (c); Let the C.P. of article be

Then,
43. (a); Let the C.P. of article =

SP =
Then,
44. (c); Let the C.P. of the book be

Initial SP =
New CP = 0.96
New SP= ( ) of 0.96
Therefore,

CP = 150
45. (b); Let he C.P. of article be

SP =
Then,
CP = 150
46. (a); Let the CP of book =

SP
Then,
CP = 216
47. (c); Let the C.P. of article =

SP =
Then,
CP = 150
48. (b); CP of 1 article =
CP of 3 articles =
Gain =
Gain% =
49. (a); Required C.P. =
50. (d); Original cost of land =
51. (a); If the C.P. of 1st cycle be and 2nd = 1600 –

Then,
( ) ( )
C.P. of 2nd cycle
Difference = 825 – 775 = 50
52. (c); ( )

–
( )
1,20,000
53. (c); For the first trader,

Let the CP of the article be 100
SP = 120
For the second trader
SP of the article = 120
Gain = 20%
Let the C.P. be
Difference of gain = 24 - 20 = 4
∵ the difference of gains be Rs. 4,
Then SP = Rs. 120
When the difference be Rs. 85
54. (b);
( )
–
4 SP

( )
Required gain % = 25%
55. (c); If the C.P. of watch be

Then,
C.P. of wall clock =
( )
CP of wall clock = 390 – 140 = 250

Required difference = 250 – 140 = 110
56. (b); The C.P. of a cow be and that of a goat be

…(i)
…(ii)
By equation (i) × 3 – (ii) × 8,
57. (b); Let the marked price of 1 pen = Rs. 100

M.P. of 20 pens = 20 × 100 = 2000
M.P. of 16 pens = 16 × 100 = 1600
C.P. of 20 pens for retailer = 1600
S.P. of 20 pens for retailer = 2000
Profit = 400
58. (c); Let the man purchase 1 mango in each case.
∵ C.P. of 3 mangoes =4
Again,
∵ C.P. of 5 mangoes = 6
( )
Now, ∵ SP of 3 mangoes = Rs. 5
or ≈ 32%
59. (c); For Anand,

Cost price =
For Balaji
( )
60. (c); Let C.P. of article = 100

Marked price =
( )
61. (c)

Discount on remaining 6000 = 2520 – (1600 + 500) = 420
62. (c); Discount = 15%

SP of racket = 85% of 30
= 25.50
One shuttle cock of Rs. 1.50 is free
Actual SP = (25.50 – 1.50) = 24
He still gains 20%
63. (a); ( )
Let the marked price be

Then,
( )
64. (c); Let the salesman’s total sales be ( )

According to the question,

The required sales = 24000 + 10000
= 34000
65. (c); Let the marked price of shirt be and that of trouser be
Let the discount on the trousers be
Then,
66. (c); Let the S.P. be (without tax)

67. (c); ( )
Required price of shirt = 30% of
68. (c); Let C.P of 1 cycle = Rs 100

S.P. of 1 cycle =Rs 240
New S.P. of 1 cycle
No. of cycles sold now = 7
total new S.P. = 120 ×7 =Rs 840
Total C.P. = 700
Profit remains same
69. (a); =.P. of car

e 10% on marked price then, what will be the ratio of marked
price of scooter to the selling price of the car. r at
C.P. of car and scooter = 4,05,000 + 40,500

= 4,45,500
= 5,79,150 – 44,550
= 5,34,600
70. (a); Total CP of articles = 750 × 0.6 = Rs 450

By selling 600 articles, Sarika should make a 40% profit on the
outlay. This means that the selling price for 600 articles should
be
1.4 × 450 = Rs 630
Thus, Selling price per article
( )
Since, Sarika sells only 630 articles at this price, her total
recovery = 1.05 × 630 = Rs 661.5
Hence, actual profit percentage

71. (d); Let the cost of sofa set be Rs. 100
Then, the cost of Centre table is Rs. 40
According to Sasha, cost of Centre table
And cost of sofa set
According to manager, the inter changed discount % so,
Cost of Centre table
And cost of sofa set
Extra money ( ) ( )
Hence, Sasha Paid 8.1% extra price.
72. (d); Suppose selling price of both of them be Rs. x

C.P. of Ajay * +
(% profit on SP)
C.P. of Ram * +
(% Profit on SP)
So, Ajay’s profit =
Ram’s profit
Difference of profit ( )
73. (c); CP of i-Phone to dealer

(on inclusion of 10% custom duty)
= Rs.
The SP of i-phone at 20% profit
( )
But here, Rs. 33000 is price after 25% discount on MP hence,
74. (a); Let CP of cab driver be price of petrol = 30 Rs. l

This, CP would be to carry 3 passengers
Let money charged to carry 1 passengers be Rs. x
Initially he made profit of 20%
Now, CP of petrol = Rs . 24 p/l

SP = 4 (Cost of carrying 1 passenger) = Rs. 48
75. (c); Case I

If rate is Rs. 3.25
Total sales revenue
(here 1000 strips are given free of cost)
Profit = Total sales revenue – 4800
= 4875 – 4800 = 75
Case 2 :
If rate is Rs. 4.25
Total sales revenue = 3000 × 4.25 × 0.75
( )
Profit = Total sales revenue – 4800
Hence, the ratio of profit is
76. (a); Let weight of ‘p’ apples be equal to 1 kg & the weight of ‘q’
oranges be equal to 1 kg
Let the cost price and selling price of 1 apple be ‘C1’, & ‘S1’
Let the cost price and selling price of 1 orange be ‘C2’, & ‘S2’
respectively,
Therefore,
()
( )
( )
Let, selling price of 1 kg of oranges be equal to that of ‘x’ apples
( )
Dividing eq. (i) by (ii)
Dividing eq. (iii) by (iv)
77. (a); Let, cost price of article be Rs ‘80x’

Then mark price = 80x × 1.4 = 112x

Cost after first discount =
Cost after second discount
Loss %
78. (b);
79. (c) Let, the man bought ‘p’ shares

Then,
p( ) ()
And, ( )( ) ( )
Solving (i) and (ii)
p = 60 and x = 25
80. (c);
Let, original S.P. be Rs. x
Then ATQ,
( ) ( )
Increased S.P. =
81. (d); Actual sale price (cost price) of mobile

Selling price (with tax) of mobile = 3500 × 1.2 = 4200
Discount got by Rahul = 4200 – 3325 = 875
82. (b); Let, John paid Rs. x for the laptop,

Then, cost price for Kevin =
( )
Loss incurred by Kevin
83. (d); Let, cost incurred by rickshaw driver on a trip be Rs. 100
Then, amount received by him = 1.2 × 100 = 120
Since, no. of passengers has become
And new price petrol is of previous price,

Hence, new amount received by him
% profit
84. (a); Price of 1kg fresh cashew = Rs.120

Therefore, price of 10kg = Rs.120 x 10 = Rs.1200
10% of 10kg which eaten by rodents = 10 x 10/100 = 1kg.
So, End of Year he had 10kg - 1kg = 9kg
So, he sells that 9kg with Rs.20 per kg profit = 9 x 140 = 1260.
He buy 10kg wooden box with cashew for Rs.1200 and sell that
for Rs. 1260
So, profit = 1260 - 1200 = Rs.60 more money he get.
85. (b); Let, price of a commodity be Rs. x

Then, Total C.P. for trader = 30x
Total S.P.
Loss%

86. (a); If cost price of a commodity is Rs. x and y be the discount,
then
( )
Which means a discount of

S.P. of commodity
Loss = 100
87. (c); Let, marked price be y and cost price be x

ATQ,
Also,
Required selling price
88. (b); When cost- price & selling price are increased /decreased
by same percentage, the profit/loss percent remains the same.

89. (c); Required answer = ( )
= 32%
90. (c); 80% of 25 = 20 unit

Total Air Conditioner = 12 + 3 = 15 unit
Profit from Air Conditioner = 12 × 2000 = 24000
Remaining profit is from refrigerators = 40000 – 24000 = 16000
Per unit profit of refrigerators =
ATQ,
CP of 1 refrigerators =
CP of 25 refrigerators = 4000 × 25 = 100000
CP of 15 Air Conditioner =
CP of 1 Air Conditioner =
Total Realization = 20 (4000 + 800) + 9000 × 12
= 204000
Required answer = 205000 – 204000
= 1000 loss
91. (b); Total cost to produce 1500 watches = (1500 × 150 + 30000) =
Rs. 2,55,000
Let he sells x watches during the season
So, number of watches sold after the season = (1500 – x)
Revenue earned on the sale of 1500 watches
= 250 × x + (1500 – x) × 100 = 150x + 150000
Now, break-even is achieved if production cost is equal to the
selling price.
150x + 150000 = 2,55,000 x = 700
92. (a); Let the CP of the article be Rs. x, since he earns a profit of
20%, hence SP = 1.2x.
It is given that he is selling 16 articles to a dozen, so he incurs
loss by selling 16 articles at the cost of 12 articles [loss = {(16-
12)/16} x 100 = 25%]
His selling price = SP × 0.75 …(where SP is selling price of 16
articles)
Now SP × 0.75 = 1.2 x SP = (1.2/0.75)x = 1.6x.
This SP is arrived after giving a discount of 20% on MP.
Hence, MP = (1.6/0.8)x = 2x
It means that article has been marked 100% above the cost price.
93. (a); Let the price of first bag = x

Second bag = Y
ATQ,
156 + x = 2y
2y – x = 156 ________(I)
156 + y = x – 356
X – y = 512 ________(II)
(I) + (II)
Y = 668
X = 2 × 668 – 156 = 1180
94. (c); Let us assume he buys n goods.

Total CP = 20n
Total SP = 2 + 4 + 6 + 8 ….n terms
Total SP should be at least 40% more than total CP
2 + 4 + 6 + 8 ….n terms > 1.4 20 n
2 (1 + 2 + 3 + ….n terms) >28n
n(n + 1) > 28n
n2+ n > 28n
n2– 27n > 0
n 27
He should sell a minimum of 27 goods.
95. (a); Let the manufacturing cost = 100

The MRP of the product is 60% above its manufacturing cost
The MRP of the product = 100 + 60% of 100 = 160.
The retailer sells the product after offering a discount of 10% on
the MRP
So, the retailer sells the product at 160 – 10% of 160 = 160 – 16 =
144
The retailer makes a 20% profit on his purchase price
Let the purchase price for the retailer be x.
So, the retailer sells the product at x + 20% of x = 120% of x.
Step to retailer sells the product at 144 = 120% of x
Or, x = 144/1.2
Therefore, x = 120
x is the purchase price for the retailer.
So, x has to be selling price for the manufacturer.
The manufacturer sold the product at 120.
Cost to the manufacturer is 100.
So, profit made by the manufacturer is 20.
Because we assumed the cost price to be 100, the manufacturer
makes a 20% profit.
96. (b); Let the initial MRP = 100
C.P. for the shopkeeper = 100 × 80% = 80
Marked price for shopkeeper = 100 + 100 × 30% = 130
Let he bought 10 article
He sells 10 × 60% = 6 article at 20% discount
Total realization from 6 article = 6 × 104 = 624

Total profit made = 23.5
Total S.P. = 80 × 10 + 80 × 10 × 23.5% = 988
So, he must sell remaining 4 item = 988 – 624 = Rs. 364
ATQ,
97. (a); Let initial marked price = 100

Then cost price = 50
= 75
He sold 80% of goods at 50% higher than the initial selling price.
So,
SP of 80% of goods = 75 × 1.5 × 80 = 9000
He earned overall profit of 122% of CP
Total selling price must be = 5000 + 50 × 122 = 11100
S.P. of 20% goods = 11100 – 9000 = 2100
ATQ,
2100 — 20 goods
105 — 1 goods
Difference in S.P. = 112.5 – 105 = 7.5

ATQ,
7.5 — 15
Required answer
SP of a product – CP of a product
98. (a); Let the profit is while selling is 1840
Let the CP =
()
( )
From (i) and (ii)
99. (c);
ATQ,
Profit = 90 – 60 = 30
= 35
New SP = 60 + 35 = 95
( )
100. (a);
Water to be removed = 4.5 lt – 2.1 lt = 2.4 lt
Now,
Total SP = 51.9
( )
Approx


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1 Adda247 | No.

1 APP for Banking & SSC Preparation

3 Adda247 | No. 1 APP for Banking & SSC Preparation

Cost Price (CP): The money paid by the shopkeeper to the

Some Important formulae:

Note: Profit/Loss percentage is always calculated on C.P. unless

4 Adda247 | No. 1 APP for Banking & SSC Preparation

Marked Price: To avoid loss due to bargaining by the customer and

Marked Price = CP + markup

Generally goods are sold at marked price, if there is no further

6 Adda247 | No. 1 APP for Banking & SSC Preparation

7 Adda247 | No. 1 APP for Banking & SSC Preparation

8 Adda247 | No. 1 APP for Banking & SSC Preparation

9 Adda247 | No. 1 APP for Banking & SSC Preparation

10 Adda247 | No. 1 APP for Banking & SSC Preparation

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1. (c) ; Let original price of camera = 100

2. (b); Let cost price of article = 100

3. (d); Let the list price of the watch will be

4. (a); Let the cost of one bucket be

5. (a); Let she bought 100 oranges.

7. (d); Let the C.P. of 1 article = 100

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9. (b); Let the C.P. of 1 article = Rs. 10

12. (b); C.P = 450

14. (d); Purchase price = 500 × 10 = 5000

15. (b); Total C.P. = 120 × 3 = Rs. 360

16. (b); Let the total quantity of articles be

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17. (a); Let the S.P. of 1 book be

18. (c); C.P. of 1 pen =

19. (b); Let the man by 60 oranges of each kind.

20. (d); C.P. of 50 pen = 50 × 50 = 2500

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22. (b); Number of oranges bought = 100 (let)

23. (c); Let the C.P. of watch =

24. (a); Let Milk : Water = K : 1

25. (c); Total C.P of tea = (180 × 5) + (200 × 3) = 1500

26. (d); Let investments be 300 and 500

27. (d); Let the printed price of the book be

If the C.P. of the book be then

28. (a); By the rule of allegation,

29. (d); By the rule of allegation,

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31. (b); Let the quantity of water mixed be kg.

32. (d); 6 article sold in a rupee

33. (c); C.P. of article =

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34. (c); Total C.P. of rice = (30 × 10 + 35 × 11) = 685

35. (c); Let marked price =

37. (b); Let the original S.P. be .