**Profit and Loss Set 16**

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 shopkeeper sold a TV set for Rs. 17,940 with a discount of 8% and gained 19.6%. If no discount is allowed, then what will be his gain per cent?**

(a) 25%

(b) 26.4%

(c) 24.8%

(d) 30%

(e) None of these

**Q2. If 7kg of tea of price Rs. 72/kg is blended with 33 kg of tea of Rs. 87/kg and 35 kg of**

**Rs. 85/kg and the mixture is sold at 15% profit, then what is the selling price of the mixture?**

(a) Rs. 80.66/kg

(b) Rs. 102.33/kg

(c) Rs. 91.22/kg

(d) Rs. 97.37/kg

(e) None of these

**Q3. A cash payment that will settle a bill for 250 chairs are Rs. 50 per chair less 20% and 15% with a further discount of 5% on cash payment is:**

(a) Rs. 8075

(b) Rs. 7025

(c) Rs. 8500

(d) Rs. 8000

(e) None of these

**Q4. A sold an article to B at a profit of 20% B sold the same article to C at a loss of 25% of C sold the same article to D at a profit of 40%. If D paid Rs. 252 for the article, then find how much did A pay for it?**

(a) Rs. 175

(b) Rs. 200

(c) Rs. 180

(d) Rs. 210

(e) None of these

**Q5. Rohan purchased a bike for Rs. 54000. He sold it at a loss of 8 per cent. With that money he again purchased another bike and sold it at a profit of 10 per cent. What is his overall loss/profit?**

(a) Loss of Rs. 657

(b) Profit of Rs. 567

(c) Loss of Rs. 648

(d) Profit of Rs. 648

(e) None of these

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