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1. If a radio is purchased for Rs.480 and sold for Rs.465.50, find the loss
percent?
(a) 5%

(b) 2%

(c) 7%

(d) 3%

2. A shopkeeper increased the price of a product by 50% and later on

reduced the price by 50% the shopkeepers loss was
(a) 0%

(b) 2.5%

(c) 25%

(d) 0.25%

3. An article was sold at a profit 10%. Had it been sold at a loss of 20% the
selling price would have been Rs 90 less. Find the cost price of the article?
(a) Rs300

(b) Rs400

(c) Rs500

(d) Rs600

4. Mohan mixes 10kg of oil purchased at Rs 15 per kg with 5kg of oil

purchased at Rs10 per kg. If he sells he mixture at 12.5% profit, what is
the selling price of the oil per kg?
(a) Rs 14

(b) Rs11.25

(c) Rs 15.75

(d) Rs 15

5. If a discount of 10% on the list price is allowed, then the profit is 20%
what will be the
percentage of profit when a discount of 20% is allowed.
(a) 6 3/4%

(b) 6 2/3%

(c) 7 2/3%

(d) 6 1/3%

6. A dishonest shopkeeper professes to sell goods at his cost price bust

uses a false weight of

950 grams for each kilogram. Find his gain

percentage?
(a) 17/100%

(b) 100/18%

(c) 100/19%

(d) 100/17%

7. 1/3 of a commodity is sold at 15% profit, 1/4 is sold at 20% profit and
the rest at 24% profit. If a total profit of Rs 62 is earned then find the value
of the commodity.

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(a) Rs 315

(b) Rs321

(c) Rs625

(d) Rs310

8. A person incurs a loss of 5% be selling a watch for Rs. 1140. At what

price should the watch be sold to earn 5% profit.
(A ) Rs.1200

(B)Rs.1230

(C) Rs.1260

(D)Rs.1290

9. If the cost price of 12 tables is equal to the selling price of 16 tables, the
loss percent is:
(A)15%

(B) 25%

(C) 20%

(D) 30%

10. On selling 33 meters of cloths, a man earned money equal to the

selling price of 11 meters cloths. His profit percent is?
(a) 50%

(b) 20%

(c) 70%

(d) 30%

11. One fifth of cost price, one seventh of the marked price and one sixth
of the selling price are equal. What is the gain or loss to the trader?
(a) 16.66% gain

(b) 15.66% loss

(c) 20% loss

(d)

20%

gain

12. A man buys 1 kg of sandalwood and 1 kg of teakwood for the same

price. He sells one for 10% profit and the other for 10% loss. What is his
total profit or loss percentage?
(a) 1% loss

(b) 1% gain

(c) No profit or Loss

(d)

None

of

these

13. Find the single discount equivalent to a series discount of 20%, 10%
and 5%.
(a) 32.4%

(b) 68.4%

(c) 31.6%

(d) 35%

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14. If books bought at prices ranging from Rs 200 to Rs 350 are sold at
prices ranging from Rs 300 to Rs 425, what is the greatest possible profit
that might be made in selling eight books.
(A) 400

(B) 600

(C) 1800 (D)

Cannot

he

determined

15. A producer of tea, blends two varieties of tea from two tea gardens
one costing Rs 18 per kg and another Rs 20 per kg in the ratio 5 : 3. If he
sells the blended variety at Rs 21 per kg, then his gain percent is:
(A)10

(B)19

(C)12

(D) 22

16. Vikas bought paper sheets for Rs 7200 and spent Rs 200 on transport.
Paying Rs 600, he made 330 boxes , which he sold at Rs 28 each. His profit
percentage is :
(A) 15.5

(B) 60

(C) 40 .

(D) None of these

17. If the manufacturer gains 10 %, the wholesale dealer 15 % and the

retailer 25 %, then find the cost of production of a table, if the retail price
of which is Rs 1265.
(A) Rs 632.50

(B) Rs 814

(C) Rs 800

(D) Rs 834.34

18. A person bought 20 litres of milk at the rate of Rs 8 per litre. He got it
churned after spending Rs 10 and got 5 kg of cream and 20 litres of toned
milk. If he sold the cream at Rs. 30 per kg and toned milk at Rs 4 per litre,
his profit in the transaction is :
(A) 25 %

(B) 37.5 %

(C) 35.3 %

(D) 42.5 %

19. Ramesh bought a calculator with 20% discount on the tag price. He
got 10% profit by selling it for Rs 440. What was the tag price?
(a) Rs 400

(a) Rs 800

(a) Rs 600

(a) Rs 500

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20. A cloth merchant makes an advertisement that he will take only 1.5%
profit during the Diwali sale. After the sale he actually made a profit of
12% by using a faulty meter rod. What was the length of the meter rod
used by the merchant?
(a) 0.92025 m

(b) 0.9525 m

(c) 0.90625 m

(d) 0.98075 m

HOME ASSIGNMENT
1. By selling an electric lamp at a cost of Rs 4800. A farmer lost one
quarter of what it cost, what was the cost price?
(a) Rs1200

(b) Rs6400

(c) Rs6000

(d)

None of these

2. The cost price of 50 articles is equal to the selling price of 30 articles.

Find the percentage gain
(A) 60 %

(B) 33.3 %

(C) 66.67 %

(D) 40%

3. A dishonest dealer professes to sell his goods at cost price but uses a
weight of 960 gms for a kg. Find his gain percent?
(a) 5 1/5%

(b) 2 1/3 %

(c) 4 1/6 %

(d) 3 2/3%

4. Two dealers A and B sell the same model of refrigerator for the same

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selling price. A
gives a successive discounts of 25% and 4% whereas B gives successive
discounts of 16% and 12% .From whom is it more advantageous to buy the
fridge?
(a) A

(b) B

(c) Both

(d) None of these

5. A trader allows two successive discounts of 20% and 15%. If he gets

Rs.136 for an article, find its marked price.
(a) Rs.150

(b) Rs.200

(c) Rs.225

(d) Rs.250

6. A man loses Rs. 20 by selling a toy at Rs. 3 per piece and gains Rs. 30
by selling the same piece at Rs. 3.25 per piece. the number of pieces sold
by the man is
(a) 100

(b) 120

(c) 200

(d) 300

7. When the price of pressure cooker was increased by 15% its sales fell
down by 15% The effect on the money receipt was?
(a) No effect

(b) 15% decrease

(c) 7.5% increase (d)

2.25%

decrease

8. With the money I have I can buy 50 pens or 150 pencils, I kept 10% of it
aside for taxi fare, with the remaining, I purchased 54 pencils and P pens,
what is the value of P?
(a) 27

(b) 25

(c) 35

(d) 30

9. A boy sold his cap for Rs 24 and got a percentage profit numerically
equal to the cost price. The cost price of the cap is
(a) 40

(b) 20

(c) 35

(d) 30

10. Tarun got 30% concession on the labelled price of an article and sold it

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for Rs. 8750
with 25% profit on the price he bought. What was the labelled price ?
(A) 10000

(B) 12000

(C) 13000

(D) 14000