Problems on Profit and Loss

Problems on profit and loss:

21) The marked price of a radio is Rs 480. The owner allows a discount of 10% and still earns the profit of 8%. If no discount is allowed, find his gain percent?

  1. 25%
  2. 12%
  3. 15%
  4. 20%

22) 5% more is gained by selling a cow for Rs 1010 than by selling it for Rs 1000. What is the C.P of the cow?

  1. Rs 100
  2. Rs 150
  3. Rs 200
  4. Rs 250

23) A dishonest milkman sells milk at cost price, but he mixes water and earns 16(2/3) % profit. Find the ratio of mixture and milk in the mixture.

  1. 7: 5
  2. 7: 6
  3. 7: 7
  4. 7: 8

24) Ayaan bought 30 kg of rice at the rate of Rs 9.50/ kg and 40 kg rice at the rate of Rs 8.50/kg and mixed them. He sold the mixture at the rate of Rs. 8.90/kg. Find his total profit or loss in the transaction.

  1. Rs 2 loss
  2. Rs 5 profit
  3. Rs 2 profit
  4. Rs 7 loss

25) If a retail seller buys 30 pencils at the marked price of 27 pens, find the profit percent.

  1. 11(1/9)%
  2. 9(1/11)%
  3. 10%
  4. 20%

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