Profit and Loss

Question 1

Peter buys a bag at the price of Rs 27.50. After some days, he sells it at the price of Rs 28.90. What is the percentage of his gain?

• 7.19%
• 5.09%
• 5.55%
• 6.09%

Question 2

Sam purchases a book at Rs 490 and sells it at Rs 465.50. What is the percentage of his loss?

• 6%
• 10%
• 5%
• 4%

Question 3

A bookseller gains a profit of 10% after selling a book at the price of Rs 27.50. If it is sold at the price of Rs 25.75, find out the percentage of loss or profit on the book.

• Profit 3%
• Loss 4%
• Profit 5%
• Loss 2%

Question 4

A shopkeeper sells an article at the price of Rs 1140 and incurs a loss of 5% on it. For him to gain a profit of 5% on the same article, at what price should the article be sold?

• Rs 1200
• Rs 1250
• Rs 1260
• Rs 1245

Question 5

After selling 33 meters of a cloth, a shopkeeper makes a gain equal to the selling price of 11 meters of the cloth. What is the percentage of his gain?

• 50%
• 45%
• 60%
• 55%

Question 6

For a shirt cost price is Rs. 400. Shopkeeper prints a tag on it with Markup% = 20% to earn a profit of 7.5%. What is markup?

• 60
• 40
• 80
• 100

Question 7

For a shirt cost price = 400Rs. Shopkeeper prints a tag on it with Markup% = 20% to earn a profit of 7.5%. What is marked price

• 480
• 500
• 520
• 600

Question 8

For a shirt cost price = 400Rs. Shopkeeper prints a tag on it with Markup% = 20% to earn a profit of 7.5%. How much profit shopkeeper earns?

• Rs 40
• Rs 50
• Rs 60
• Rs 30

Question 9

Cost Price of a shirt is Rs 400. Shopkeeper prints a tag on it with Markup% = 20% to earn a profit of 7.5%. What is selling price of the shirt?

• 450
• 430
• 420
• 460

Question 10

Cost Price of a shirt is Rs 400. Shopkeeper prints a tag on it with Markup% = 20% to earn a profit of 7.5%. What is discount amount?

• Rs 80
• Rs 100
• Rs 50
• Rs 60