Profit and Loss Set 13
We are here with the Profit and Loss exercise which is very important for competitive exams. Profit and Loss questions usually carry 3-5 marks in competitive exams.
Q1. A retailer gets a discount of 40% on the printed price of an article. The retailer sells it at the printed price. His gain precent is
(a) 40
(b) 55
(c) 66(2/3 )
(d) 75
Q2. If the cost price of 25 pens is equal to the selling price of 20 pens, then profit percent is
(a) 20%
(b) 25%
(c) 15%
(d) 5%
Q3. A dealer marks a washing machine for Rs. 7500, and allows a discount of 6% on it. Find the selling price
(a) 6850
(b) 7050
(c) 7250
(d) 6950
Q4. The marked price of an article is 30% higher than the cost price. If a trader sells the articles allowing 10% discount to customer, then the gain percent will be
(a) 17
(b) 20
(c) 19
(d) 15
Q5. A merchant marked the price of an article by increasing its production cost by 40%. Now he allows 20% discount and gets a profit of Rs. 48 after selling it. The production cost is
(a) Rs. 320
(b) Rs. 360
(c) Rs. 400
(d) Rs. 440
Answers:
1. C 2. B 3. B 4. A 5. C
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