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, Banker's Discount & True Discount etc.

Important Questions on Profit and Loss

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

An article is sold at a gain of 15%. Had it been sold for   27 more, the profit would have been 20%. The cost price of the article is-

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.

MEDIUM
IMPORTANT

An alloy contains zinc, copper and tin in the ratio 2:3:1 and another contains copper, tin and lead in the ratio 5:4:3. If equal weights of both alloys are melted together to form a third alloy, then the weight of lead per kilogram in the new alloy will be: 

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 ?

MEDIUM
IMPORTANT

4 men and 6 women can complete a work in 8 days, while 3 men and 7 women can complete it in 10 days. The ratio of the daily work done by a man and a woman is_____.

MEDIUM
IMPORTANT

The population of a colony was 3600 three years back. It is 4800 right now. What will be the population three years down the line, if the rate of growth of population has been constant over the years and has been compounded annually?

EASY
IMPORTANT

A merchant bought 300 lamp shades at a price 6 each and found some were defective. He sold those defective lamp shades at  4.50 each and the rest at 25% profit each. As a result, he gained 1623% in the whole transaction. The number of defective lamp shades 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

Find the wrong number in the given sequence:

8, 13, 21, 32, 47, 63, 83

HARD
IMPORTANT

After allowing a discount of 1000 on marked price a trader makes a profit of 1500. The ratio of the marked price to the cost price is

EASY
IMPORTANT

The ratio between the perimeter and the breadth of a rectangle is 5 : 1. If the area of the rectangle is 216 sq. cm, what is the length of the rectangle?

EASY
IMPORTANT

A man sells 200 mangoes to 250 mangoes cost price then his profit percent is ?

EASY
IMPORTANT

The marked price of an article is Rs.150.00. If he allows a discount of 10%, he still gains a profit of 25%. The cost price of the article 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?