Wednesday, 24 June 2015

PROFIT AND LOSS [लाभ एवं हानि]-1st part

1. (i) A man buys a toy for Rs.25 and sells it for Rs.40. Find his profit percent. [Ans. (b) 60%]
(a) 40%     (b) 60%    (c) 25%     (d) 30%     (e) None of these

 (ii) A man buys a toy for Rs.30 and sells it for Rs.20. Find his loss percent. [Ans. (a) (33&1/3)%]
(a) (33&1/3)%  (b) 10%   (c) 25%  (d) 30%  (e) None of these

(iii) An umbrella marked at Rs.80 is sold for Rs.68. The rate of discount is:  [Ans.(b)15%]
(a) 12%  (b) 15%  (c) 17&11/17%  (d) 20%  (e) None of these

(iv) A loss of 5% was suffered by selling a plot for Rs.4,085. The cost price of the plot was: [Ans. (c) Rs.4300]    
(a) Rs.4350  (b) Rs.4259.25 (c) Rs.4300 (d) Rs.4200 (e) None

(v) The CP of an article which is sold at a loss of 25% for Rs.150, is  [Ans.(a) Rs.200]
(a) Rs.200   (b) Rs.125 (c) Rs.175 (d) Rs.225 (e) None of these

(vi) Venkat purchased 20 dozens of toys at the rate of Rs.375 per dozen. He sold each one of them at the rate of Rs.33. What was his percentage profit?  [Ans.(d) 5.6]    
 (a) 6.5       (b) 3.5      (c) 4.5     (d) 5.6        (e) None of these

(vii) Bhajans Singh purchased 120 reams of paper at Rs.80 per ream. He spent Rs.280 on transportation, paid octroi at the rate of 40 paise per ream and paid Rs.72 to the coolie. If he wants to have a gain of 8%, the selling price per ream must be: [Ans. (c) Rs.90]
(a) Rs.86  (b) Rs.89  (c) Rs.90  (d) Rs.87.48  (e) None of these

2. (i) The profit earned by selling an article for Rs.600 is equal to the loss incurred when the same article is sold for Rs.400. What should be the sale price of the article for making 25% profit? [Ans.(a) Rs.625]
(a) Rs.625  (b) Rs.500 (c) Rs.575 (d) Rs.625 (e) None of these

(ii) The profit earned by selling an article for Rs.832 is equal to the loss incurred when the same article is sold for Rs.448. What should be the sale price of the article for making 50% profit?  [Ans.(a) Rs.960]
(a)Rs.960  (b)Rs.1060  (c)Rs.1200  (d)Rs.920 (e)None of these

(iii) The profit earned by selling an article for Rs.600 is equal to four times the loss incurred when the same article is sold for Rs.400. What should be the sale price of the article for making 25% profit?  [Ans.(d) Rs.550]
(a) Rs.625  (b) Rs.500 (c) Rs.575 (d) Rs.550 (e) None of these

(iv) By selling an article for Rs.96, double profit is obtained than the profit that would have been obtained by selling it for Rs.84. What is the cost price of the article? [Ans. (c) Rs.72]     
(a) Rs.96   (b) Rs.92   (c) Rs.72    (d) Rs.66   (e) None of these

(v) By selling an article for Rs.96, three times the profit is obtained than the profit that would have been obtained by selling it for Rs.84. What is the cost price of the article? [Ans.(d) Rs.78]
(a) Rs.84   (b) Rs.80   (c) Rs.72    (d) Rs.78   (e) None of these

3. (i) By selling twelve notebooks, the seller earns profit equal to the selling price of two note-books, what is his percentage profit?  [Ans. (b) 20%]
(a) (16&2/3)% (b) 20%  (c) 25%   (d) 30%    (e) None of these

(ii) By selling twelve notebooks, the seller earns profit equal to the cost price of two note-books, what is his percentage profit? [Ans. (a) (16&2/3)%]                  
(a) (16&2/3)% (b) 20%  (c) 25%   (d) 30%  (e) None of these

4. (i) The cost price of  10 articles is equal to the selling price of  9 articles. Find the profit percent. [Ans. (a) (11 & 1/9)%]
(a)  (b) 12 ½ %    (c)  (d) 13 ½ %    (e) None

(ii) I sell 16 articles for the some money as I paid for 20. What is my gain percent?  [Ans. (b) 25%]
(a) 24%      (b) 25%     (c) 30%      (d) 35 %    (e) None

(iii) A man sells 320 mangoes at the cost price of 400 mangoes. His gain percent is: [Ans. (b) 25%]   
(a) 10%      (b) 25%     (c) 15%      (d) 20 %    (e) None

5. (i) If I purchased 11 books for Rs.10 and sold all the books at the rate of 10 books for Rs.11, the profit percent is:  [Ans. (b) 21%]
(a) 10%     (b) 21%     (c) 11%    (d) 100%    (e) None of these

(ii) If a man purchases 12 oranges for Rs.10 and sells 10 oranges for Rs.12. How much profit or loss does he make? [Ans. (b) 44% profit  ]                                                                                                                             
(a) (33&1/3)% profit  (b) 44% profit             (c) 44% loss                (d) 40% loss                (e) None of these

(iii) If a man purchases 9 mangoes for Rs.16 and sells 11 mangoes for Rs.20. How much profit or loss does he make? [Ans. (a) (2&3/11)% profit]                                                                                                                     
(a) (2&3/11)% profit  (b) 4% profit            (c) 4% loss            (d) 2% loss             (e) None of these

(iv) If a man purchases 12 mangoes for Rs.15 and sells 10 mangoes for Rs.14. How much profit or loss does he make?  [Ans. (b) 12% profit]                                                                                                                          
(a) (13&1/3)% profit  (b) 12% profit        (c) 10% loss          (d) 12% loss           (e) None of these

(v) A man buys 10 articles for Rs.8 and sells them at the rate of Rs.1.25 per article. His gain percent is:  [Ans. (b) 56.25%]    
(a) 50%    (b) 56.25%  (c) 19.5%   (d) 20%  (e) None of these

6. (i) A reduction of 10% in the price of salt enables a person to buy 2 kg more for Rs.18. Find the reduced and the original price per kg of salt respectively.  [Ans.(b) Re.0.9, Rs.1]                                                                 
(a) Re.1, Rs.0.9        (b) Rs.0.9, Re.1        (c) Rs.2, Rs.1.9       (d) Rs.1.9, Rs.2      (e) None of these

(ii) A reduction of 20% in the price of salt enables a person to buy 8 kg more for Rs.80. Find the reduced and the original price per kg of salt respectively. [Ans.(c) Re.2, Rs.2.50]                                                                 
(a) Rs.2.50, Rs.2     (b) Rs.2.50, Rs.3       (c) Rs.2, Rs.2.50      (d) Rs.1.5, Rs.2      (e) None of these

(iii) A reduction of 40% in the price of salt enables a person to buy 6 kg more for Rs.45. Find the reduced and the original price per kg of salt respectively.[Ans.(d)Re.3, Rs.5]                                                                 
(a) Rs.3, Rs.4         (b) Rs.5, Rs.3          (c) Rs.4, Rs.6           (d) Rs.3, Rs.5            (e) None of these

(iv) A 10% hike in the price of rice forces a person to purchase 2 kg less for Rs.110. Find the new and the original prices of the rice per kg.   [Ans. (a) Rs.5.50, Rs.5]                                                                                   
(a) Rs.5.50, Rs.5      (b) Rs.5, Rs.5.50     (c) Rs.4, Rs.3.50     (d) Rs.5.50, Rs.4.50  (e) None of these

(v) A 12% hike in the price of rice forces a person to purchase 2 kg less for Rs.56. Find the original price of the rice per kg. [Ans.(a)Rs.3]                                                                                                                                                                                             
(a) Rs.3     (b) Rs.5   (c) Rs.4     (d) Rs.2.50  (e) None of these

7. (i) A person bought two watches for Rs.480. He sold one at loss of 15% and the other at a gain of 19% and he found that each watch was sold at the same price. Find the cost price of the two watches.  [Ans. (c) Rs.280, Rs.200]
(a) Rs.250, Rs.200     (b) Rs.160, Rs.120    (c) Rs. 280, Rs.200   (d) Rs.300, Rs.200    (e) None of these

(ii) A person bought two horses for Rs.960. He sold one at loss of 20% and the other at a gain of 60% and he found that each watch was sold at the same price. Find the cost price of the two watches.  [Ans. (a) Rs.640, Rs.320]
(a) Rs.640, Rs.320     (b) Rs.540, Rs.420    (c) Rs. 440, Rs.520 (d) Rs.650, Rs.310    (e) None of these

(iii) A person bought two goats for Rs.630. He sold one at loss of 10% and the other at a gain of 20% and he found that each watch was sold at the same price. Find the cost price of the two watches.  [Ans. (b) Rs.360, Rs.270]
(a) Rs.350, Rs.280     (b) Rs.360, Rs.270   (c) Rs. 340, Rs.290 (d) Rs.300, Rs.330    (e) None of these

(iv) A person bought two horses for Rs.690. He sold one at gain of 10% and the other at a gain of 20% and he found that each horse was sold at the same price. Find the cost price of the two horses. [Ans. (c) Rs.360, Rs.330]
(a) Rs.250, Rs.200     (b) Rs.260, Rs.230    (c) Rs. 360, Rs.330 (d) Rs.300, Rs.170   (e) None of these

(v) A person bought two tables for Rs.860. He sold one at gain of 5% and the other at a gain of10% and he found that each table was sold at the same price. Find the cost price of the two tables.                                              [Ans. (a) Rs.440, Rs.420]
(a) Rs.440, Rs.420   (b) Rs.460, Rs.400    (c) Rs. 480, Rs.380 (d) Rs.200, Rs.170   (e) None of these

(vi) A person bought two chairs for Rs.735. He sold one at gain of 20% and the other at a gain of25% and he found that each chair was sold at the same price. Find the cost price of the two chairs.  [Ans. (a) Rs.375, Rs.360]
(a) Rs.375, Rs.360   (b) Rs.385, Rs.350    (c) Rs. 370, Rs.365 (d) Rs.300, Rs.270   (e) None of these

8. (i) A man buys two horses for Rs.1350. He sells one so as to lose 6% and the other to gain 7.5%. On the whole he neither gains nor loses. What does each horse cost? [Ans. (b) Rs.750, Rs.600]
(a) Rs.750, Rs.500     (b) Rs.750, Rs.600    (c) Rs. 760, Rs.330 (d) Rs.800, Rs.670  (e) None of these

(ii) A man buys two chairs for Rs.1250. He sells one so as to lose 5% and the other to gain 20%. On the whole he neither gains nor loses. What does each chair cost? [Ans. (a) Rs.1000, Rs.250]
(a) Rs.1000, Rs.250  (b) Rs.1100, Rs.150  (c) Rs. 900, Rs.350 (d) Rs.950, Rs.300  (e) None of these

(iii) A man buys two tables for Rs.1750. He sells one so as to lose 10% and the other to gain 15%. On the whole he neither gains nor loses. What does each table cost? [Ans. (b) Rs.1050, Rs.700]
(a) Rs.1000, Rs.750   (b) Rs.1050, Rs.700  (c) Rs. 950, Rs.800 (d) Rs.950, Rs.600   (e) None of these

9. (i) Two cows having equal selling price of Rs.500 are sold, one at a profit of 20% and another at a loss of 20%. Find his total percentage gain or loss. [Ans. (a) 4% loss]
(a)4% loss (b)40% profit  (c)4% profit (d)12% loss (e) None of these

(ii) A man sells two horses, one at a profit of 25% and another at a profit of 15%. Find approximately his total percentage gain or loss. [Ans. (b) 19.79% profit]                                                              
(a) 20% loss (b) 19.79% profit  (c)24% profit (d) 12% loss (e) None of these

(iii) A man sells two horses, one at a profit of 20% while another at a loss of 10%. Find his total percentage gain or loss. [Ans. (a)2  profit]                                                                                           
(a)2  profit (b) 3 % profit  (c)4 % profit (d)12% loss (e) None of these

10. (i) A sells a good to B at a profit of 20% and B sells it to C at a profit of 25%. Find the resultant profit percent. [Ans. (d) 50%]
(a) 45%     (b) 60%     (c) 75%   (d) 50%     (e) None of these       

(ii) (i) A sells a good to B at a profit of 5% and B sells it to C at a profit of 10%. Find the resultant profit percent. [Ans. (c) 15.5%]                                                                                                                                 
(a) 16.5%  (b) 12.5%  (c) 15.5% (d) 4.75%   (e) None of these       

(iii) (i) A sells a good to B at a profit of 30% and B sells it to C at a loss of 20%. Find the resultant profit or loss percent. [Ans. (b) 4% profit]                                                                                                                            
(a) (13&1/3)% profit  (b) 4% profit           (c) 6% loss              (d) 4% loss           (e) None of these

(iv) (i) A sells a good to B at a profit of 15% and B sells it to C at a loss of 5%. Find the resultant profit or loss percent. [Ans. (a) 9.25% profit]                                                 
(a) 9.25% profit          (b) 10.25% profit        (c) 9.75% loss       (d) 12% loss        (e) None of these

11. (i) A sells a good to B at a profit of 20% and B sells it to C at a profit of 25%. If C pays Rs.225 for it, what was the cost price of A? [Ans. (d) Rs.150]                                                                                                        
(a) Rs.200 (b) Rs.125  (c) Rs.175 (d) Rs.150 (e) None of these

(ii) A sells a good to B at a loss of 20% and B sells it to C at a loss of 25%. If C pays Rs.900 for it, what was the cost price of A? [Ans. (c) Rs.1500]                                                                                                                    
(a)Rs.2000 (b)Rs.1450 (c) Rs.1500(d)Rs.1200(e)None of these

(iii) A sells a good to B at a profit of 30% and B sells it to C at a loss of 20%. If C pays Rs.520 for it, what was the cost price of A?  [Ans. (b) Rs.500]                                                                                                              
(a) Rs.550  (b) Rs.500 (c) Rs.450 (d) Rs.475 (e) None of these

(iv) A man sells a car to his friend at 10% loss. If the friend sells it for Rs.54000 and gains 20%, the original CP of the car was:  Ans.(b) Rs.50000]
(a) Rs.25000         (b) Rs.50000         (c) Rs.37500            (d) Rs.60000          (e) None of these

12. (i) I sold a book at a profit of 12%. Had I sold it for Rs.18 more, 18% would have been gained. Find the cost price. [Ans. (c) Rs.300]                                                                                                       (a) Rs.350  (b) Rs.500  (c) Rs.300 (d) Rs.275 (e)None of these

(ii) I sold a book at a profit of 5%. Had I sold it for Rs.17 more, 15% would have been gained. Find the cost price. [Ans. (a) Rs.170]                                                                                                               (a) Rs.170 (b) Rs.180  (c) Rs.150  (d) Rs.175 (e)None of these

(iii) A man sold a book at a loss of 7%. Had he been able to sell it at a gain of 9%, it would have fetched Rs.64 more. Find the cost price.   [Ans. (e) None of these (Rs. 400)]
(a) Rs.350  (b)Rs.500  (c) Rs.300   (d) Rs.475 (e)None of these

(iv) A man sold a cow at a loss of 10%. Had he been able to sell it at a gain of 4%, it would have fetched Rs.84 more. For how much was the cow sold? [Ans. (e) None of these (Rs. 540)]
(a) Rs.650  (b) Rs.500  (c)Rs.600 (d)Rs.475  (e) None of these

13. (i) A dishonest fruit vendor professes to sell his goods at cost price, but he uses a weight of 900 gm for the kg weight. Find his gain percent.  [Ans. (b) (11&1/9)% profit]         
(a) 11% profit        (b) (11&1/9)% profit  (c) 11.50% loss        (d) 10% loss       (e) None of these

(ii) A dishonest dealer professes to sell his goods at cost price, but he uses a weight of 960 gm for the kg weight. Find his gain percent.  [Ans. (a) 4&1/6% profit]
(a) (4&1/6)% profit    (b) 4% profit        (c) 2.50% loss       (d) 2% loss            (e) None of these

14. (i) A dishonest grocer sells rice at a profit of 10% and uses a weight, which is 20% less. Find his total percentage gain. [Ans. (b) 37.5%]                                                                                                   (a) 35%    (b) 37.5%   (c) 40%     (d) 50%    (e) None of these       

(ii) A dishonest grocer sells rice at a loss of 10% and uses a weight, which is 20% less. Find his total percentage gain or loss. [Ans. (c) 12.5% profit]                                                                                     (a) 12.5% loss       (b) 12% loss       (c) 12.5% profit           (d) 25% profit          (e) None of these
(iii) A dishonest grocer sells rice at a profit of 20% and uses a weight, which is 25% less. Find his total percentage gain. [Ans. (b) 60%  ]                                                                                                                     
(a) 45%     (b) 60%    (c) 75%    (d) 50%      (e) None of these       

(iv) A dishonest grocer sells rice at a profit of 6.25% loss on cost price, but uses uses14 gm instead of 16 gm. Find his total percentage gain or loss.     [Ans. (d) (7&1/7)% profit]
(a) (7&1/7)% loss   (b) 12.5% profit   (c) 7% loss     (d) (7&1/7)% profit   (e) None of these                 

(v) A merchant professes to lose 6% on a certain tea, but he uses a weight equal to 900 gm instead of one kg. His real gain percent is: [Ans. (a) (4&4/9)%]       
(a) (4&4/9)%  (b)(5&1/9)%  (c) 6%  (d) 4% (e) None of these

(vi) A seller uses 840 gm in place of one kg to sell his goods. Find his actual % profit or loss, when he sells his article on 4% gain on cost rice. [Ans. (d) (23&17/21)% profit]
(a) (23&1/21)% loss  (b) 22.5% profit  (c) 25% loss   (d) (23&17/21)% profit (e) None of  these 

(vii) A seller uses 900 gm in place of one kg to sell his goods. Find his actual % profit or loss, when he sells his article on 20% gain on cost rice. [Ans. (c) (33&1/3)% profit]
(a) (33&1/3)% loss  (b) 32.5% loss   (c) (33&1/3)% profit   (d) (33&2/3)% profit  (e) None of these    

15. (i) A dealer sold a radio at a loss of 2.5%. Had he sold it for Rs.100 more, he would have gained 7.5%. For what value should he sell it in order to gain 12.5%? Find the initial cost price also. [Ans.(d) Re.1125, Rs.1000]                                                                 
(a) Rs.1000, Rs.1125  (b) Rs.1175, Rs.1000  (c) Rs.1125, Rs.900 (d)Rs.1125, Rs.1000  (e) None 

(ii) A dealer sold a radio at a profit of 20%. Had he sold it for Rs.100 less, he would have gained 15%. For what value should he sell it in order to gain 25%? Find the initial cost price also. [Ans.(c) Re.2500, Rs.2000]                                                                 
(a) Rs.2500, Rs.1800  (b) Rs.2200, Rs.2000  (c) Rs.2500, Rs.2000  (d)Rs.2125, Rs.2000  (e) None 

(iii) A dealer sold a chair at a loss of 5%. Had he sold it for Rs.150 more, he would have gained 10%. For what value should he sell in order to gain 20%? Find the initial cost price also. [Ans. (a) Rs.1200, Rs.1000]
(a) Rs.1200, Rs.1000   (b) Rs.1300, Rs.1000  (c) Rs.1000, Rs.850   (d) Rs.1000, Rs.950    (e) None

(iv) A dealer sold a table at a loss of 10%. Had he sold it for Rs.75 more, he would have gained 15%.For what value should he sell in order to gain 25%?  [Ans. (c) Rs.375]

(a) Rs.475   (b) Rs.575   (c) Rs.375   (d) Rs.300      (e) None 

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