Profit, Loss, and Discount
Important Questions on Profit, Loss, and Discount
Left pan of a faulty balance weighs more than its right pan. A shopkeeper keeps the weight measure in the left pan while buying goods but keeps it in the right pan while selling his goods. He uses only weight measure. If he sells his goods at cost price, what is his gain percentage?

In a joint venture, Ramesh invested as fixed cost. While Suresh had to pay the variable cost for every three months in advance (i.e., for the first three months at the start of first month and for the next three months at the start of the fourth month and so on).
Table for costs is given below:
Quantity produced/month | Variable cost per unit (₹) | Fixed cost (₹) for 6 months |
For the first three months, they produced units per month, and for the next three months, they produced units per month.
All units produced were sold at each. After six months, they sold their company for and divided total profit according to their investments. Find out the total profit.

The CP of a dozen mangoes is equal to the selling price of mangoes. The SP of apples per piece is the cost price of a mango (per piece). If the profit made on selling an apple is half that of selling a mango, then what is the cost of an apple if the selling price of one mango is ?

Company ABC starts an educational program in collaboration with Institute XYZ. As per the agreement, ABC and XYZ will share profit in ratio. The initial investment of on infrastructure is borne entirely by ABC whereas the running cost of per student is borne by XYZ. If each student pays for the program, find the minimum number of students required to make the program profitable, assuming ABC wants to recover its investment in the very first year and the program has no seat limits.

Amit bought two cars. He then sold the first car at profit and the second one at profit. The selling price of the second car is more than the selling price of the first car. What is the approximate profit per cent in both the cars together?

Rupesh marks up an article by , gives a discount of and gets a profit of . Had he marked up by and given a discount , what would be his profit percentage?

Two pieces of the same cloth together cost ₹. On selling from the first piece as many metres as the second piece originally contained and from the second piece half as many metres as the first piece contained originally. The remaining of the first piece turned out to exceed the remaining of the second piece by . Each metre of the cloth costs ₹ . How many metre of cloth did each piece originally contain?

While returning from Dubai festival, Mr Sanjay Singh purchased a number of articles, all at a discount of of the list price. However, he is required to pay a duty of on the his cost of goods. If he realizes a profit of on his outlay, what must he charge for an article priced ₹ as the list price?

A bookseller marks his books at an advance of on the actual cost of production. He allows a discount of and also given a copy free for every dozen sold at a time. What rate per cent profit does the bookseller make, if books are sold in lots of 12 ?

A man would gain by selling a chair for and would gain by selling a table for . He sells the chair for ; what is the least price for which he must sell the table to avoid any loss on the two together?

By selling a watch at a profit of per cent, a man got more than half its price. What is the price of the watch?

A wholesaler bought walnuts and peanuts, the price of walnut per being thrice that of peanut per . He then sold of peanuts at a profit of and of walnuts at a profit of to a shopkeeper. However, the shopkeeper lost of walnuts and of peanuts in transit. He then mixed the remaining nuts and sold the mixture at per , thus making an overall profit of . At what price, in per did the wholesaler buy the walnuts?

In the year , the cost price of an item was of the selling price while in , the cost price was of the selling price. If the gross profit remains the same for both the years, what is the percentage increase in the cost price of the item from to ?

A trader sells litres of a mixture of paints A and B, where the amount of B in the mixture does not exceed that of A. The cost of paint A per litre is more than that of paint B. If the trader sells the entire mixture for and makes a profit of , then the highest possible cost of paint B, int per litre, is

A shopkeeper sells two tables, each procured at cost price p, to Amal and Asim at a profit of and at a loss , respectively. Amal sells his table to Bimal at a profit of , while Asim sells his table to Barun at a loss of . If the amounts paid by Bimal and Barun are x and y, respectively, then (x-y)p equals

Mukesh purchased bicycles in all at the same price. He sold six of these at a profit of and the remaining four at a loss of . Ifhe made a total profit of , then his purchase price of a bicycle, in Rupees, was

On selling a pen at loss and a book at gain, Karim gains If he sells the pen atgain and the book at gain, he gains What is the cost price of the book in Rupees?

A retailer keeps Reebok shoes, which are listed at a mark-up of above their factory price. However, on Monday, he realized the shortage of demand and hence, decreased the list price by On the very next day, that is Tuesday, he realized he is making a loss so, he increased the list price by again. He continues this trend indefinitely. On which day, he will suffer a loss of more than per shoes for the first time?

The evergreen shrubs at Ravi's nursery are planted in rows on a square plot of land measuring • The shrubs are planted in such a manner that the centers of the adjacent shrub are apart and the outer shrubs are planted along the edges of the plot, with a shrub at each comer. Ravi spent to cover all the costs necessary for raising this crop of the evergreen shrubs. If Ravi succeeds in selling each shrub for, his profit will be what percentage of his total cost?

A spring balance reads when actually is weighed on it. The shrewd grocer has already marked up the price of his goods by . One day, a police inspector detects this and orders him to repair his spring balance and revert to the original list price of the goods. Moreover, he asked him to give a discount of to all the customers for a month from then onwards as a punishment. A day after, Ramu paid for rice. Before the raid, how much he would have paid for the same quantity?

