EASY
CAT
IMPORTANT
Earn 100
Find the change in the percentage profit for a fruit vendor who, after finding of the fruits rotten, increased his selling price by over and above that he was already charging?
50% studentsanswered this correctly
Important Questions on Profit & Loss
EASY
CAT
IMPORTANT
Find the selling price of goods if two salesmen claim to make profit each, one calculating it on cost price while another on the selling price, the difference in the profits earned being and selling price being the same in both the cases.
EASY
CAT
IMPORTANT
A shopkeeper calculates percentage profit on the buying price and another on the selling price. What will be their difference in profits if both claim a profit of on goods sold for ?
EASY
CAT
IMPORTANT
A pharmaceutical company made strips of tablets at a cost of . The company gave away strips of tablets to doctors as free samples. A discount of was allowed on the printed price. Find the ratio of profit if the price is raised from to per strip and if at the latter price, samples to doctors were done away with. (New profit/old profit)
EASY
CAT
IMPORTANT
A merchant makes a profit of by selling an article. What would be the percentage change in the profit percent had he paid less for it and the customer paid more for it?
EASY
CAT
IMPORTANT
An article costing was marked above the cost price. After two successive discounts of the same percentage, the customer now pays . What would be the percentage change in profit had the price been increased by the same percentage twice successively instead of reducing it?
EASY
CAT
IMPORTANT
Divya goes to buy fruits and after a lot of bargaining is able to get the price of a dozen apples reduced by from the initial price, thereby enabling her to get 1 apple extra for every rupee saved. (Getting no discount on the extra apple). What is the initial price of a dozen apples?
EASY
CAT
IMPORTANT
The accounts of a company show sales of . The primary cost is of sales and trading cost accounts for of the gross profit. Gross profit is arrived at by excluding the primary cost plus the cost of advertising expenses of , director’s salary of per annum plus of annual sales as miscellaneous costs. Find the percentage profit (approx) on a capital investment of ?
EASY
CAT
IMPORTANT
Jonny has two cycles and one rickshaw. The rickshaw is worth . If he sells the rickshaw along with the first cycle, he has an amount double that of the value of the second cycle. But if he decides to sell the rickshaw along with the second cycle, the amount received would be less than the value of first cycle by . What is the value of first cycle?
