Problems on Profit and Loss

Profit and loss problems:

11) A man earns a profit of 20% on selling price. Find the profit percent on the cost price.

  1. 20%
  2. 25%
  3. 21%
  4. 30%

12) The owner of the cell phone shop charges 23% more than the cost price. If a customer paid 7011 for a cell phone, find the cost price of the cell phone.

  1. 5860
  2. 5220
  3. 5700
  4. 6750

13) The profit percent gained if an object is sold at Rs 464 is equals to the loss percent when the object is sold at Rs 436. Find the cost price of this object?

  1. 250
  2. 400
  3. 450
  4. 500

14) A shopkeeper sells an article for Rs 78 and earns double the profit that he would have earned on selling this article for Rs 69. Find the C.P of this article.

  1. 62
  2. 61.5
  3. 55.5
  4. 60

15) By selling an object for Rs 900, a man earns a profit that is double the loss incurred when the object is sold for Rs 450. If he sells it at a profit of 20%, find the selling price of this object.

  1. 620
  2. 618
  3. 554
  4. None of these

16) By selling a property for Rs 45000 a person incurs a loss of 10%. Find the selling price to gain the profit of 15 %?

  1. 55000
  2. 60000
  3. 57500
  4. 58000

17) A person purchases some article at the rate of 4 articles for rupees 5 and sells them at the rate of 5 articles for rupees 4. Find the total profit or loss in %.

  1. 22% profit
  2. 20% loss
  3. 40% profit
  4. 36% loss

18) A shopkeeper purchases some article at the rate of 2 articles for rupees 3 and purchases twice of the quantity at the rate of 3 articles for rupees 2. He sells them at the rate of 6 articles for rupees 7. Find the profit or loss %.

  1. 28% loss
  2. 19.04% profit
  3. 22.36% loss
  4. 23.52% profit

19) A shopkeeper sells his goods at a profit of 10%. If he had purchased it at 20% less and sells it at rupees 10 more, he had a gain of 40%. Find the C.P of the goods.

  1. 500
  2. 600
  3. 400
  4. 200

20) The C.P of an article is equaled to the profit %, and a shopkeeper sells it in Rs 56. Find the C.P of the article.

  1. 40
  2. 60
  3. 80
  4. 100

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