Topics Simple Interest & Profit/Loss

1. Find simple interest on a sum of Rs. 2400 at 12% per annum for 2 years.

2. A trader mixes 26 kg of rice at 40 per kg with 30 kg of rice of other variety at 36 per

kg and sells the mixture at 40 per kg. What is his profit percent?

3. In how many years will Rs.1400 will give Rs.1050 as interest at 15% per annum?

4. A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of
Rs. 39200, what was his profit?

5. Akash borrowed an amount from his friend to buy a motorcycle at 15.5% per annum.
He returned Rs.75000 after 3 years. Find the actual sum borrowed.

6. In a certain store, the profit is 30% of the cost. If the cost increases by 25% but the
selling price remains constant, approximately what percentage of the selling price is
the profit?

7. A man buys a cycle for Rs. 14000 and sells it at a loss of 15%. What is the selling
price of the cycle?

8. At what rate of simple interest will a sum of Rs. 8400 will give Rs. 367.5 as interest
in 3 and a half years?

9. A man borrowed Rs.40,000 at 20% per annum and cleared the account by paying Rs.
20,000 and his bike at the end of 2 years. Find the cost of the bike?

10. Mohan purchased an old scooter for 12000 and spent 2850 on its overhauling. Then,
he sold it to his friend Sohan for13860. How much percent did he gain or lose?

11. A shopkeeper sells one transistor for Rs. 840 at a gain of 20% and another for Rs.
960 at a loss of 4%. What is his total gain or loss percent?

12. On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. What is
the cost price of a ball?

13. When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot
be sold in order to gain 15%?

14. Harish sold a bicycle at 8% gain. Had it been sold for Rs 75 more, the gain would
have been 14%. Find the cost price of the bicycle.

15. The percentage profit earned by selling an article for Rs. 1920 is equal to the
percentage loss incurred by selling the same article for Rs. 1280. At what price
should the article be sold to make 25% profit?
16. Find Loss% if given Cost price of an article is Rs. 2000 and its Selling price =1600.

17. Find profit% if given Cost Price = Rs 25000 and Selling Price = 32000

18. By selling a TV for Rs 12100, a dealer gets a profit of 10%. Find the cost price of
TV.

19. Alfred bought 24 pens for Rs. 12 each pen. He sold these pens for Rs. 342. Find
profit%.

20. P buys an article for Rs. 50 and sold it to Q at a profit of 10%, then Q sold it to R at a
profit of 25%.What does R paid for it?