AFCAT MATHEMATICS (PROFIT AND LOSS) QUIZ-4

Attempt now to get your rank among 89 students!

Question 1:

A trader buys a Persian rug for Rs. 1235 and sells it for Rs. 1500. Find his gain percentage.

Question 2:

If an article is sold for Rs 1920, there is a loss of 20 %, for how much should it be sold to make a profit of 20 %.

Question 3:

A shopkeeper gets Rs. there is a loss of $20\%$ by selling 12 toffees in 1 Rupee. How many toffees should I sell to make a profit of $20$?

Question 4:

A shopkeeper insists on selling his goods at cost price but uses $900 \mathrm{~g}$ instead of $1 \mathrm{~kg}$, then find his percentage profit.

Question 5:

How much percent above the cost price should a shopkeeper mark his goods so as to earn a profit of 32% after allowing discount of 12% on the marked price?

Question 6:

By selling a gift for Rs. 240 a businessman incurs a loss of $10 \%$. At what price should he sell it so that he makes a profit of $20 \%$.

Question 7:

A person purchases 54 items at 20 each. He sells a part of them at 35% profit and the remaining at 5% loss. The net profit is 10% in this transaction. The number of items he sold at a profit, is:

Question 8:

A man bought an article and sold it at a gain of 15%. If he had bought the article at 30% less and sold it for Rs. 450 more, he would have made a profit of 50%. The new cost price of the article (in Rs.) is:

Question 9:

A person sold 15 articles for Rs. 1350 and incurred a loss of $10 \%$. How many articles should he sell for Rs 6050 to make a profit of $21 \%$ ?(Approx)

Question 10:

A trader fixes the selling price of his things by increasing the selling price by 10% and allows a 10% discount on the same selling price. What is the profit or loss percentage of his sale accordingly?