Profit and Loss

IMPORTANT

Profit and Loss: Overview

This topic covers concepts, such as Marginal Cost, Purchase Price of an Item, Loss, False Weight of Item, Indirect Cost, Banker's Gain, Loss Percentage, Profit and Loss Short Tricks, Markup Price, Bill Amount, Face Value of the Bill, etc.

Important Questions on Profit and Loss

MEDIUM
IMPORTANT

A person sold a horse at a gain of 15%. Had he bought it for 25% less and sold it for  60 less, he would have made a profit of 32%. The cost price of the horse was:

EASY
IMPORTANT

On selling each one of a cow and a horse for  15000, there is gain of 30% on cow and loss of 30% on horse, what is net loss or gain in the whole transaction ?

HARD
IMPORTANT

A reduction of 10% in the price of an article enables a dealer to purchase 25 more articles in 45000. What is the original price of the article?

MEDIUM
IMPORTANT

Jeevan bought an article at 30% discount on the labelled price. He sold the article with 12% profit on the labelled price. What was his percentage of profit on the price he bought?

EASY
IMPORTANT

Due to an increase of 30% in the price of eggs, 3 eggs less are available for Rs. 9.10. The present rate per egg is :

HARD
IMPORTANT

A sells an article to B making a profit of 15 of his outlay. B sells it to C for 20% profit. Find the cost price of the article for A, if C sells it for 600 and incurs a loss of 16 of his outlay.

EASY
IMPORTANT

A man bought a second-hand typewriter for 1200 and spent 200 on its repairs. He sold it for  1680. His profit percent is _____.

MEDIUM
IMPORTANT

A man sold an article at a loss of 5%, if he sold it at 75 more than profit would be 20%. Find the cost price of the article.

EASY
IMPORTANT

A shoe company sold 50 pairs of shoes on a day costing  . 189.50 each for  . 10000. Then the profit obtained in  . is -

EASY
IMPORTANT

What price should a tradesman mark on an article that cost him  300 to gain 20% after allowing 4% discount?

HARD
IMPORTANT

By selling an article for 450, a man loses 20% in order to make 20% profit, he must sell it for ?

MEDIUM
IMPORTANT

When the price of commodity is 20, quantity demand is 9 units, and when price is 19, quantity demanded is 10 units. Based on this information, what is marginal revenue resulting from an increase in output from 9 units to 10 units?

EASY
IMPORTANT

A merchant offers 8% discount on all his goods and still makes a profit of 15%. If an item is marked 250, then its cost price is

HARD
IMPORTANT

A shopkeeper mixes two varieties of tea, one costing 35 per kg. and another at  45 per kg. in the ratio 3:2. If he sells the mixed variety at41.60 per kg. What is his gain or loss percent?

EASY
IMPORTANT

A shopkeeper makes a profit of20% even after giving a discount of 10% on the marked price of an article. If marked price is  500 then the cost price of the article is-

HARD
IMPORTANT

A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?

MEDIUM
IMPORTANT

A clock was sold for Rs. 144. If the percentage of profit was numerically equal to the cost price, the cost of the clock was

EASY
IMPORTANT

A dealer marks the price of an article 40% more than the cost price. He allows 10% commission, his profit percent is

EASY
IMPORTANT

A vendor sells his articles at a certain profit percentage. If he sells his articles at 13of his actual selling price, then he incurs a loss of 40%. What is his actual profit percentage?

MEDIUM
IMPORTANT

The ratio of cost price and selling price of an article is 20:21. What is the profit percent on it?