Profit and Loss ( 5 Questions & Solutions )

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Q.1) A refrigerator and a camera were sold for Rs.12,000 each. The refrigerator was sold at a loss of 20% of the cost and the camera at a gain of 20% of the cost. The entire transaction results in how much net Gain or Loss?

Q.2) A man sells a book at a profit of 20%. If he had bought it at 20% less and sold it for Rs.18 less, he would have gained 25%. How much is the Cost Price of the Book?

Q.3) If a shopkeeper sells 1/3 of his goods at a profit of 14%, 3/5 of his goods at a profit of 17.5% and remaining at a profit of 20%, then what is his total profit % on the whole?


Q.4) A shopkeeper marks an article 30% above the Cost Price. He allows a discount of 10% on the Marked Price and sells that article for Rs.702. What is the Cost Price of that article?


Q.5) A man buys a plot of land for Rs.3,00,000. He sells 1/3rd at a loss of 20% and 2/5th at a gain of 25%. At what price must he sell the remaining land so as to make an overall gain of 10%?


Q.6) How much quantity of tea at the rate of Rs.90 per kg should be mixed in 28 kg of tea at the rate of Rs.72 per kg. So that the mixture when sold at the rate of Rs.105 per kg will fetch a profit of 25%?


Q.7) The list price of an article is Rs.112. If the article is sold at the same price, there is a profit of 40%. But the shopkeeper has decided to give a certain discount. Even then there is a profit of 25%. How much discount is the shopkeeper offering? 



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