Profit and Loss

IMPORTANT

Profit and Loss: Overview

This topic covers concepts, such as, Profit or Loss while Buying and Selling, Purchase Price of an Item, Face Value of the Bill & False Weight of Item 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 sum of money is to be distributed among A, B, C, D in the proportion of 5 :2 : 4 : 3. What is B's share, if C gets 1000 more than D ?

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 _____.

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

EASY
IMPORTANT

Find the principal amount borrowed by him. A man took a loan from a bank at the rate of 12% per annum at simple interest. After 3 Years he had to pay 5,400 as interest only for the period.

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%?

EASY
IMPORTANT

A takes twice as much time as B or thrice as much time as C to finish a piece of work. B can do the work alone in how many days, if working together, they can finish the work in 2 days ?

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?