Profit and Loss

Rakesh had money to buy 8 mobile handsets of a specific company

Rakesh had money to buy 8 mobile handsets of a specific company. But the retailer offered very good discount on that particular handset. Rakesh could buy 10 mobile handsets with the amount he had. What was the discount the retailer offered?

  1. 15%
  2. 20%
  3. 25%
  4. 30%
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A shopkeeper sells an article at Rs. 40 and gets X% profit

A shopkeeper sells an article at Rs. 40 and gets X% profit. However, when he sells it at Rs. 20, he faces same percentage of loss. What is the original cost of the article?

  1. Rs. 10
  2. Rs. 20
  3. Rs. 30
  4. Rs. 40
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A bookseller sold 'a' number of Geography textbooks

A bookseller sold 'a' number of Geography textbooks at the rate of Rs. x per book, 'a + 2' number of History textbooks at the rate of Rs. (x + 2) per book and 'a - 2' number of Mathematics textbooks at the rate of Rs. (x - 2) per book. What is his total sale in Rs.?

  1. 3x + 3a
  2. 3ax + 8
  3. 9ax
  4. x3 a3
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Rajendra bought a mobile with 25% discount on the selling price

Rajendra bought a mobile with 25% discount on the selling price. If the mobile cost him Rs. 4,875, what is the original selling price of the mobile?

  1. Rs. 6,300
  2. Rs. 6,400
  3. Rs. 6,500
  4. Rs. 6,600
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A fruit-seller buys lemons at 2 for a rupee and sells them at 5

A fruit-seller buys lemons at 2 for a rupee and sells them at 5 three rupees. What is his gain percent?

  1. 10%
  2. 15%
  3. 20%
  4. 25%
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On a 20% discount sale, an article costs Rs. 596

On a 20% discount sale, an article costs Rs. 596. What was the original price of the article?

  1. Rs. 720
  2. Rs. 775
  3. Rs. 745
  4. Rs. 735
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A man buys a television set which lists for Rs 5000 at 10% discount

A man buys a television set which lists for Rs 5000 at 10% discount. He gets an additional 2% discount (after the first discount) for paying cash. What does he actually pay for the set?

  1. Rs. 4000
  2. Rs. 4400
  3. Rs. 4410
  4. Rs. 4500
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A man sold two watches, each for Rs. 495. If he gained 10%

A man sold two watches, each for Rs. 495. If he gained 10% on one watch and suffered a loss of 10% on the other, then what is the loss or gain percentage in the transaction?

  1. No gain, no loss
  2. 1% gain
  3. (100/99)% loss
  4. 1% loss
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A person sold an article for Rs. 3600 and got a profit of 20%

A person sold an article for Rs. 3600 and got a profit of 20%. Had he sold the article for Rs. 3150, how much profit would he have got?

  1. 10%
  2. 6%
  3. 5%
  4. 4%
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A person selling an article for Rs. 96 finds that his loss percent

A person selling an article for Rs. 96 finds that his loss percent is one-fourth of the amount of rupees that he paid for the article. What can be the cost price?

  1. Rs. 160 only
  2. Rs. 240 only
  3. Rs. 160 or Rs. 240
  4. Neither Rs. 160 nor Rs. 240
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A cloth store is offering Buy 3, Get 1 free

A cloth store is offering Buy 3, Get 1 free. What is the net percentage discount being offered by the store?

  1. 20%
  2. 25%
  3. 30%
  4. 33.33%
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A person sold an article for Rs.136 and got 15% loss

A person sold an article for Rs.136 and got 15% loss. Had he sold it for Rs.x, he would have got a profit of 15%. Which one of the following is correct?

  1. 170 < x < 180
  2. 160 < x < 170
  3. 180 < x < 190
  4. 190 < x < 200
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A merchant earns a profit of 20% by selling a basket containing 80 apples

A merchant earns a profit of 20% by selling a basket containing 80 apples which cost Rs 240 but he gives one-fourth of it to his friend at cost price and sells the remaining apples. In order to earn the same profit, at what price must he sell each apple?

  1. Rs. 4.00
  2. Rs. 3.60
  3. Rs. 3.00
  4. Rs. 3.80
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The costs of two articles are in the ratio 3:5

The costs of two articles are in the ratio 3:5. If there is 30% loss on the first article and 20% gain on the second article, what is the overall percentage of loss or gain?

  1. 2% loss
  2. 2.25% gain
  3. 5.25% loss
  4. 1.25% gain
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A wholesaler bought walnuts and peanuts, the price of walnut per kg being thrice

A wholesaler bought walnuts and peanuts, the price of walnut per kg being thrice that of peanut per kg. He then sold 8 kg of peanuts at a profit of 10% and 16 kg of walnuts at a profit of 20% to a shopkeeper. However, the shopkeeper lost 5 kg of walnuts and 3 kg of peanuts in transit. He then mixed the remaining nuts and sold the mixture at Rs. 166 per kg, thus making an overall profit of 25%. At what price, in Rs. per kg, did the wholesaler buy the walnuts?

  1. 98
  2. 96
  3. 84
  4. 86
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The Maximum Retail Price (MRP) of a product is 55% above its manufacturing cost

The Maximum Retail Price (MRP) of a product is 55% above its manufacturing cost. The product is sold through a retailer, who earns 23% profit on his purchase price. What is the profit percentage (expressed in nearest integer) for the manufacturer who sells his product to the retailer? The retailer gives 10% discount on MRP.

  1. 31%
  2. 22%
  3. 15%
  4. 13%
  5. 11%
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A dealer offers a cash discount of 20% and still makes a profit of 20%

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?

  1. 75%
  2. 66 2/3%
  3. 100%
  4. 80%
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A contractor estimates that a job will earn him Rs 8400

A contractor estimates that a job will earn him Rs 8400. His estimate covers material, labour and 5% profit. The cost of material and labour is in the ratio of 3 : 7. When the contractor begins his job, however, he discovers that the cost of material has increased by 10% and the labour cost has risen by 15%. Calculate his loss percent

  1. 7.36%
  2. 7.59%
  3. 7.49%
  4. 7.39%
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A dishonest milkman professes to sell his milk at cost price but he mixes it with water

A dishonest milkman professes to sell his milk at cost price but he mixes it with water and thereby gains 25%. The percentage of water in the mixture is

  1. 4%
  2. 6.25%
  3. 20%
  4. 25%
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A merchant has 1000 kg of sugar, part of which he sells at 8% profit

A merchant has 1000 kg of sugar, part of which he sells at 8% profit and the rest at 18% profit. He gains 14% on the whole. The quantity sold at 18% profit is

  1. 640 kg
  2. 400 kg
  3. 600 kg
  4. 560 kg
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A trader makes a profit equal to the selling price of 75 articles when he sold 100 of the articles

A trader makes a profit equal to the selling price of 75 articles when he sold 100 of the articles. What % profit did he make in the transaction?

  1. 100%
  2. 200%
  3. 250%
  4. 300%
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After allowing a discount of 11.11%, a trader still makes a gain of 14.28%

After allowing a discount of 11.11%, a trader still makes a gain of 14.28%. At how many percentage above the cost price does he mark on his goods?

  1. 16%
  2. 22.22%
  3. 28.56%
  4. 35%
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A shop, which sold same marked price shirts, announced an offer

A shop, which sold same marked price shirts, announced an offer - if one buys three shirts then the fourth shirt is sold at a discounted price of ₹100 only. Patel took the offer. He left the shop with 20 shirts after paying ₹20,000. What is the marked price of a shirt?

  1. ₹1260
  2. ₹1300
  3. ₹1350
  4. ₹1400
  5. ₹1500
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The manufacturer of a table sells it to a wholesale dealer at a profit of 10%

The manufacturer of a table sells it to a wholesale dealer at a profit of 10%. The wholesale dealer sells the table to a retailer at a profit of 30%. Finally, the retailer sells it to a customer at a profit of 50%. If the customer pays Rs 4290 for the table, then its manufacturing cost (in Rs) is

  1. 1500
  2. 2000
  3. 2500
  4. 3000
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Mayank buys some candies for Rs 15 a dozen

Mayank buys some candies for Rs 15 a dozen and an equal number of different candies for Rs 12 a dozen. He sells all for Rs 16.50 a dozen and makes a profit of Rs 150. How many dozens of candies did he buy altogether?

  1. 50
  2. 30
  3. 25
  4. 45
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If a seller gives a discount of 15% on retail price, she still makes a profit of 2%

If a seller gives a discount of 15% on retail price, she still makes a profit of 2%. Which of the following ensures that she makes a profit of 20%?

  1. Give a discount of 5% on retail price
  2. Give a discount of 2% on retail price
  3. Increase the retail price by 2%
  4. Sell at retail price
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