Math Foundation Batch

MATH FOUNDATION BATCH
PROFIT & LOSS

By Sibanand Pattnaik
Zero to Hero Series

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MATH FOUNDATION BATCH : PROFIT & LOSS
1. Munni bought a mobile and a gun for Rs. 115. She sold gun at 20% gain and mobile at
30% gain. She found that cost price of gun is equal to selling price of mobile. Find her
overall profit amount and profit percent?
(a) 28, 24(8/23)% (b) 56, 24(8/23)%
(c) 28, 26(2/23)% (d) None of these (e) CND

2. Sheela bought a saree and a lehenga at a certain price. She sold saree at 10% gain and
lehenga at 25% gain. She found that cost price of saree is equal to selling price of
lehenga. Find her profit percent?
(a) 16.66% (b) 20% (c) 15%
(d) 17.5% (e) NOT

3. A dishonest shopkeeper promises to sell his goods at 30% profit but he uses 800 gm
weight instead of 1 kg. Find his actual profit %?
(a) 58.33% (b) 62.5% (c) 66.66% (d) 60% (e) NOT

4. A shopkeeper marks up his goods 35% above the cost price and gives 23% discount to
the customer. at the time of buying, he uses 1120 gm instead of 1 kg and at the time of
selling the goods he gives 880 gm weight instead of 1 kg. Find his profit %?
(a) 35.6% (b) 29.41% (c) 33.33% (d) 32.3% (e) NOT

5. A person sold an article at a loss of 18%. Had he sold it for Rs 960 more, he would have
gained 12%. If the article is sold for Rs 3840 then how much is the profit percentage?
SSC CGL Pre (2021)
(a) 15% (b) 24% (c) 20% (d) 21% (e) NOT

6. There are 2 friends Nitin and Dinesh. Nitin calculates his profit % on selling price
whereas Dinesh calculates his profit % on cost price. If both claim to make 20% profit and
the difference between their actual profit is Rs. 100 and the selling price of both is same.
Find their selling price.
(a) 2500 (b) 3000 (c) 2000 (d) None of these (e) CND

7. A shopkeeper sold two items. The selling price of the first item equals the cost price of
the second item. He sold the first item at a profit of 20% and the second item at a loss of
10%. What is his overall profit/loss percent?
(a) Profit 3(7/11)% (b) Loss 4(6/11)%
(c) Profit 4(7/11)% (d) Loss 8(1/3)% (e) NOT

8. A fruit merchant bought some bananas. One fifth of them got rotten and were thrown
away. He sold two fifth of the bananas with him at 15% profit and the remaining bananas
at 10% profit. Find his overall loss or profit percent?
SSC CGL 2020 Tier-I
(a) Loss, 10.4% (b) Profit 10.4%
(c) Profit, 9.6% (d) Loss, 9.6% (e) NOT

9. A dealer bought some toys for Rs. 1800. He sold 40% of these at a loss of 15% and
33(1/3)% of the remaining toys at 20% profit. At what percent profit should he sell the
remaining toys to earn an overall profit of 10%?
SSC CGL 2020 Tier-I
(a) 30% (b) 20% (c) 25% (d) 24% (e) NOT

10. The cost prices of two articles A and B are in the ratio 4 : 5. While selling these
articles, the shopkeeper gains 10% on article A and 20% on article B and the difference in
their selling prices is Rs 480. The difference in the cost price (in Rs) of articles B and A is:
SSC CGL Pre (2021)
(a) 250 (b) 300 (c) 400 (d) 350 (e) NOT

11. A shopkeeper buys 60 oranges at 10 for Rs 72, and an equal number at 12 for Rs 90.
He spends Rs 118 on the transaction and sells all the oranges that he buys. If there is a
profit of 26% in the entire transaction, then what is the selling price of 32 oranges?
SSC MTS (Shift- II) 27/10/2021
(a) Rs 336 (b) Rs 313.60
(c) Rs 316.80 (d) Rs 320 (e) NOT

12. A dealer offers a cash discount of 20% and still makes a profit of 20%, when
he further allows 16 articles to a dozen to a particularly sticky bargainer. How
much percent above the cost price were his wares listed?
(a) 100% (b) 80% (c) 75% (d) 66% (e) NOT

13. A shopkeeper bought 60 pencils at a rate of 4 for Rs.5 and another 60 pencils at a
rate of 2 for Rs 3. He mixed all the pencils and sold them at a rate of 3 for Rs 4. Find his
gain or loss percentage.
SSC CGL Pre (2021)
(a) Profit 3(1/8)% (b) Loss 3(1/33)%
(c) Profit 2(7/8)% (d) Loss 2(7/8)% (e) NOT

14. A shopkeeper bought 120 quintals of wheat, 20% of it was sold at 25% loss. At what
percent gain should he sell the rest to gain 25% on the whole transaction?
(SSC CGL T-2 2018)
(a) 36½% (b) 40% (c) 37½% (d) 35% (e) NOT

15. Two horses were sold at Rs. 1599 each. First was sold at 25% profit and second at 20%
loss. Find the overall profit or loss %.
(a) Neither profit nor loss (b) profit of 100/41%
(c) loss of 100/41% (d) profit of 2.5% (e) NOT

16) A shopkeeper marks the price of the mobile 50% above the cost price and he allows
the two successive discounts 20% and 15% respectively. What is the percentage of the
profit earned by the shopkeeper?
A.1%
B.2%
C.4%
D.3%
E.None of these

17) The marked price of the article is Rs.1800. If the shopkeeper allows 20% discount on
the marked price and then it is sold for Rs.340 profit. What is the cost price of the article?
A.Rs.1000
B.Rs.1100
C.Rs.1200
D.Rs.1400
E.None of these

18) The cost price of the mobile is Rs.2000. If the shopkeeper marked up the price by 30%
and allowed the discount of 10%, then what is the profit percentage of the mobile?
A. 13%
B. 15%
C. 12%
D. 17%
E.None of these

19) The shopkeeper sold two mobiles for Rs.6000 each. If one of the mobile sold at 20%
profit and another one is 20% loss, then what is the profit or loss for whole transaction?
A.No loss no profit
B.Rs.400 profit
C.Rs.600 loss
D.Rs.500 loss
E.Rs.600 profit

20) Rahul bought 15 laptops for Rs.75000 and then he also spends Rs.3000 for transport
charge. If he sells 13 laptops for Rs.83200, then what is the approximate profit
percentage?
A.21%
B.23%
C.27%
D.29%
E.31%

21) The profit earned by selling a table for Rs. 3600 is equal to the loss incurred by selling
the same table for Rs. 1200. At what price should the table be sold to make 40 % profit?
A.Rs. 3540
B.Rs. 3280
C.Rs. 3360
D.Rs. 3420
E.None of these

22) Mona bought a printer and sold it to Sona for Rs.2400 thereby making a profit of 20%.
At what price Mona must sell the printer to earn a profit of 60%?
A.Rs. 2400
B.Rs. 2800
C.Rs. 3000
D.Rs. 3200
E.Rs. 3600

23) If the marked price of a headset is 120% of its cost price and the shopkeeper allows
the discount of 15%, So the shopkeeper gets the profit of Rs.800. what is the cost price of
the headset?
A.Rs.30000
B.Rs.20000
C.Rs.40000
D.Rs.50000
E.Rs.60000

24) Arun earned a profit of 20% after allowing a discount of 10%. Marked price is what
percentage more than cost price?
A.33.33%
B.25%
C.45.65%
D.56%
E.None of these

25) A shopkeeper allows the two successive discounts on the article 20% and 10%
respectively and then he earned the profit of Rs.1200. If the cost price of the article is
Rs.6000, find the marked price of the article?
A.Rs.8000
B.Rs.10000
C.Rs.12000
D.Rs.9000
E.None of these

26) The ratio of the marked price of the mobile to cost price of the mobile is 5: 3. If 20% of
the profit is made, then what is the discount percentage?
A.22%
B.25%
C.28%
D.26%
E.None of these

27) A shopkeeper marks the price of the article is 20% above its cost price and also offers
10% of the discount. Find the profit percentage?
A.10%
B.8%
C.12%
D.14%
E.None of these

28) The selling price of 8 articles is equal to the cost price of 10 articles. What is the
percentage profit in selling the articles?
A.15%
B.12%
C.20%
D.25%
E.28%

29) The profit earned after selling the mobile for Rs.2800 is same as the loss incurred after
selling the mobile for Rs.2400. What is the cost price of the mobile?
A.Rs.1800
B.Rs.2200
C.Rs.2600
D.Rs.2400
E.None of these

30) The cost price of a water bottle is Rs. 50. If the marked price is 20% above its cost price
and the discount is 5%, find the total discount on selling 19 bottles.
A.Rs.3
B. Rs.60
C. Rs.57
D. Rs.51
E. Rs.253

31) A shopkeeper offers two successive discounts of 20% and 15% respectively for the
laptop while he gets 20% profit. If the selling price of the laptop is Rs.34000, what is the
discount amount?
A.Rs.12000
B.Rs.14000
C.Rs.16000
D.Rs.18000
E.None of these

32) A shopkeeper offers a discount of 10%. If the ratio of the marked price to cost price is
6:5, what is the profit or loss percentage?
A. 4% loss
B.6% profit
C.8% profit
D.5% loss
E. None of these

33) Profit after selling a product for Rs. 850 is the same as the loss after selling it for
Rs.710. What is the cost of the product?
A.780
B.240
C.620
D.540
E.none

34) Ratio of the cost price to marked price of the article is 4: 5. A shopkeeper offer a
discount of 15% and the marked price of the article is Rs.720. What is the profit
percentage of the article?
A.6.25%
B.4.75%
C.5.5%
D.3.40%
E.None of these

35. A fruit seller sold a fruit at a loss of 5%. Had he sold it Rs.20 more, he would have
earned a profit of 5%. Find the cost of the fruit.
A.Rs.100
B.Rs.200
C.Rs.150
D.Rs.250
E.None of these

36. Despite allowing a discount of 11.11%, a trader makes a gain of 14.28%. By what
percentage above the cost price does he mark his goods?
(1) 28.57% (2) 35% (3) 22.22% (4) 25.18% (5) 31.22%

Q37 . The ratio of selling price of 3 articles A, B and C is 8 : 9 : 5 and the ratio of
percentage profit is 8: 7 : 14 respectively. If the profit percentage of A is 14.28% and
the cost price of B is Rs 400, what is the overall percentage gain?
(a) 14.28% (b) 17.87% (c) 16.66% (d) None of these

38 A shopkeeper bought 60kg of apple at the rate of Rs.90 per kg. He sold 45% of
the total quantity at the rate of Rs.100 per kg. At what price per kg (approximate
value) should he sell the remaining quantity to make 25% overall profit?
A.Rs.123
B.Rs.139
C.Rs.137
D.Rs.143
E.Rs.113

39) If the selling price of the mobile is Rs.6000 and the ratio of the marked to
cost price of the mobile is 5: 3. If the shopkeeper offers a discount of 20% on the
marked price of the mobile, then find the profit percentage of the mobile?
A.28.28%
B.44.44%
C.33.33%
D.48.48%
E.52.52%

40) Ratio of the cost price of mobile and the selling price of laptop is 1:1 and the
shopkeeper sold the mobile at 10% loss and laptop at 20% profit. If the selling
price of mobile and laptop together is Rs.19000, what is the approximate total
profit or loss?
A.No gain no loss
B.Rs.555 loss
C.Rs.667 profit
D.Rs.480 loss
E.Rs.499 profit

41) Anmol sold an article marked at 20000 after giving four successive discounts
of 10%, 15%, 20% and 25%. Instead if he sold it at 30% discount, find his net gain
or loss in the Selling price.
A.4820 loss
B.2410 gain
C.4820 gain
D.2410 loss
E.None of these

42) Rajesh bought 23kg of rice at 30 rupees per kg and 32 kg of rice at 35 rupees
per kg. Now he sold the entire rice at 42 rupees per kg. Find the amount of
loss/profit made by Rajesh.
A.Rs. 320 profit
B.Rs. 410 profit
C.Rs. 350 profit
D.Rs. 500 profit
E.None of these

43) Ratio of the cost price to marked price of the mobile is 5:6. The shopkeeper
offers a discount is 20%. IF the sum of the marked price and cost price of the
mobile is Ra.4400, then what is the profit or loss earned by the shopkeeper?
A.Rs.40 profit
B.Rs.80 loss
C.Rs.40 loss
D.Rs.80 profit
E.None of these

44) The cost price of the laptop is Rs.6500 and while the shopkeeper sold the
laptop, he gets the profit of Rs.2000. What is the marked price of the laptop if
the shopkeeper offers 15% of the discount?
A.Rs.9000
B.Rs.10000
C.Rs.12000
D.Rs.15000
E.None of these

45) A man sells a lollipop for Rs. 5. He increases his sale by 20% and decreases
price by 10%. Calculate the profit / loss % now the man is making, if he sold
lollipops of Rs. 75 earlier.
A.10% Profit
B.9% Profit
C.8% Profit
D.12% Profit
E.None of these

46) A shopkeeper has certain number of laptops. He sold 40% of the laptops at
the profit of 20% and the rest is sold at 10% loss. If he earned the overall profit is
Rs.10, find the number of laptops?
A.200
B.300
C.400
D.500
E.800

47) Sathish bought a second hand bike and spent Rs. 3000 on its repair and spare
parts. Then he sold it to Rajesh at a profit of 15 % and then Rajesh sold it to
Suresh at a loss of 10 %. Suresh finally sold it for Rs. 22770 at a profit of 10%.
How much amount did Sathish initially pay for the bike?
A.Rs. 21000
B.Rs. 17000
C.Rs. 23000
D.Rs. 19000
E.None of these

48) Rahul buys Bike and Cycle for Rs.40000. He sells Bike at the profit of 20% and
Cycle at a loss of 10%. If in overall transaction, he earned neither loss nor profit,
then what is the approximate cost price of cycle?
A.24444
B.25555
C.26666
D.27777
E.23333

49) The shopkeeper sold the article A at 20% loss and the cost price of the article
A is Rs.4500. With that amount, he bought the article B and sold it at the profit of
30%. What is the overall profit or loss in the whole transaction?
A.Rs.120
B.Rs.150
C.Rs.180
D.Rs.200
E.None of these

50) The ratio of the cost price of mobile to laptop is 5:9 and the ratio of the cost
price of laptop to computer is 3:2. If the computer sells at the profit of 20% and
selling price of the computer is Rs.14400, then what is the difference between
the cost price of mobile and laptop?
A.Rs.5000
B.Rs.6000
C.Rs.7000
D.Rs.8000
E.None of these

51) A shopkeeper bought two articles A and B such that he had a Profit of 15%
and 20% on selling article A and B respectively. Selling price of articles A and B is
Rs.230 and Rs.420 respectively. At what price must that items be sold together in
order to gain 30%?
A.Rs.686
B. Rs.695
C.Rs.700
D. Rs.740
E. None of these

52) What is the value of y, if an article is sold after allowing two successive
discounts of y% and 5% and percent profit earned after selling the article is y%.
Cost price and Marked price of the article is Rs.2850 and Rs.5000 Respectively.
A.15
B.20
C.25
D.30
E.35

53) The shopkeeper marked 20% above the cost price of the article and also he
gives 15% of the discount to his favourite customer. The customer sold that
article for his friend at the amount of Rs.5896. If the cost price of the article is
Rs.4800, then what is the profit gained by the customer?
A.Rs.800
B.Rs.2000
C.Rs.1000
D.Rs.1500
E.Cannot be determine

54) By selling a laptop for Rs.12000, a shopkeeper gains 20%. If the profit is
reduced to 15%, then find the selling price of laptop?
A.Rs.11500
B.Rs.13480
C.Rs.14560
D.Rs.23490
E.None of these

55) Praveen is a computer shop owner. He purchases the components of a
desktop for Rs 6200 and then he spends further Rs 2400 on labour charge to
assemble the desktop. If he sells 18 desktops for Rs 175000, then what is the
approximate profit percentage?
A.13%
B.11.5%
C.12.2%
D.14.35%
E.8.9%

56) A man sold an article for Rs. 7600 and incurred a loss. Had he sold the article
for Rs.8350, his gain would have been equal to half of the amount of loss that he
incurred. At what price should he sell the article to have 20% profit?
A.Rs. 8560
B.Rs. 7680
C.Rs. 11240
D.Rs. 9720
E.None of these

57. Selling price of article B is 11(1/9) % more than selling price at article A. If the
shopkeeper made 20% profit on article B and selling price of article A was Rs.40
more than the cost price of article B, then, find the cost price of article A.
Shopkeeper sold article A at profit of 25%.
A.Rs.289
B. Rs.467
C. Rs.432
D. Rs.423
E. Rs.442

58. A shopkeeper bought two watches for Rs.3000. Then he sold one at a loss of
10% and another at a profit of 45%. If overall profit is 12% then find the ratio of
the cost price of two watches.
A.3:4
B.2:5
C.3:2
D.5:8
E.4:1

59. The ratio of the cost price of Battery and Charger is 6:5. The shopkeeper
marked the Charger 20% above its cost price and gave a 5% discount on the
marked price of the charger. If the shopkeeper sold the battery at a profit of 15%
and the selling price of the charger is Rs.1140, then find the selling price of the
battery?
A. Rs.1340
B. Rs.1380
C. Rs.1440
D. Rs.1480
E. None of these

60. A trader marks his goods such that he can make a profit of 25% after giving a
15% discount. But the trader gives an 18% discount. Find the new profit
percentage?
A.15%
B.15.2%
C.35.2%
D.20.58%
E.22.69%

61. A marked up the price of the items by 40% and he sold 30% of those at this
price and sold 30% of the rest at 14.28% discount and the remaining at 25%
discount. What is the net profit?
A. 20%
B. 14%
C. 36%
D. 25%
E. 21%

62. TV and AC prices are marked up by 40% and 50% respectively above its cost
price and the cost price of both articles are equal. If a 20% discount is given on
both articles, then the profit percentage on AC is what percent more than the
profit percentage on TV?
A. 35%
B. 40%
C. 45%
D. 50%
E. None of these

64. A shopkeeper marked an article x% above the cost price and sold it after two
consecutive discounts of 25% and 20%. In this transaction, the shopkeeper had a
profit of 20%. Find the cost price of the article if the selling price of the article is
Rs. 114x.
A. Rs. 9500
B. Rs. 9000
C. Rs. 10000
D. Rs. 12000
E. None of these

65. An article is marked up by ___% above its cost price. It is then sold after
giving a discount of Rs.150 such that there is a profit of ___%, the cost price of
the article is an integer. The values given in which of the following options will fill
the blanks in the same order in which is it given to make the statement true:
I. 20, 8
II. 35, 21
III. 40, 32
A. Only I
B. Only I and III
C. Only II and III
D. Only III
E. All I, II and III


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PROFIT & LOSS

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Math Foundation Batch - Profit & Loss

Math Foundation Batch - Profit & Loss