Self Studies

Profit and Loss...

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  • Question 1
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    Chirag bought 50 kg of rice at Rs. 25 per kg. He also bought vanaspati and onions. The quantity of vanaspati is equal to the collective sum of quantities of rice and onions. Also, the sum of the quantities of vanaspati and onions is equal to twice the quantity of rice he has bought. If Chirag bought the onions at Rs. 10 per kg, what is the difference in the amounts spent by Chirag on onions and rice?

  • Question 2
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    Deepika sells her goods 10% cheaper than those of Nidhi and 10% costlier than those of Gurpreet. A customer purchases goods from Nidhi worth Rs. 100. How much would he have saved if he bought the same goods from Gurpreet?

  • Question 3
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    Harry and Jon plan to spend the afternoon at the fair. After paying the entrance price of Rs.5.00 each they entered the fair ground. Jon looked around and saw that the Dragon ride was Rs.3.50 and the Loppo was Rs.2.75. In addition, there were 3 activities he wanted to do which cost Rs.1.50 each. Jon guessed that snacks and drinks would cost Rs.3.50. Jon could see that he did not have enough money. Jon then borrowed Rs.6.00 from Harry. They noted that after Harry gave Jon Rs.6, Harry still had Rs.12.00 more than Jon. How much more money did Harry have than Jon had before Harry gave Jon Rs.6.00?

  • Question 4
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    A sold an article to B at a profit of 20%. B sold it to C at a profit of 15%. C paid Rs. 190 more than the cost of article for A. What profit did A make?

  • Question 5
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    Gulnaaz bought some bananas at the rate of 6 per rupee. She bought the same number of bananas at the rate of 3 per rupee. She mixed both the types and sold them at the rate of 10 for Rs. 3. In this business, she earned a profit of Rs. 5. What was the total number of bananas that she bought?

  • Question 6
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    A sold a watch to B at a gain of 5% and B sold it to C at a gain of 4%. Find the price paid by A, if C paid Rs. 1092 for it.

  • Question 7
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    On selling an article for Rs. 240, a trader loses 4%. In order to gain 10%, at what price he must sell the article?

  • Question 8
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    The percentage of profit made when an article is sold for Rs. 81 is thrice when it is sold for Rs. 67. Find the cost price of the article.

  • Question 9
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    Kishore asks his servant to buy eggs and oranges. Each egg is worth Rs. 2 and each orange is worth Rs. 3. Each egg weighs 0.3 kg and each orange weighs 0.5 kg. The servant's bag can carry at most 15 kg. What should he buy to spend the maximum money?

  • Question 10
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    Anu, Manu and Kanu respectively invest Rs. 30,000, Rs. 20,000 and Rs. 15,000 in cloth business. Anu and Manu respectively get 15% and 5% of total profit. The remaining profit is divided among the three friends in the ratio of their investments. If Anu gets Rs. 800 more than Manu, find Anu's share in the profit.

  • Question 11
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    Mohan sold two books for Rs. 140 each. His profit on one was 20% and his loss on the other was 20%. Which of the following statements is correct according to the given conditions?

  • Question 12
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    A sweet-seller declares that he sells sweets at the cost price. However, he uses a weight of 800 g instead of 1 kg. What is his percentage profit?

  • Question 13
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    The S.P. of 12 articles is equal to the C.P. of 10 articles. What is the loss percentage?

  • Question 14
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    The accounts of a company show sales of Rs. 12,600. The primary cost is 35% of sales and trading cost accounts for 25% of the gross profit. Gross profit is arrived at by excluding the primary cost plus the cost of advertising expenses of Rs. 1400, director`s salary of Rs. 650 per annum plus 2% of annual sales as miscellaneous costs. Find the percentage profit (approx.) on a capital investment of Rs. 14,000.

  • Question 15
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    Beetel is a telephone manufacturing company. It has a target of 18% gain by selling 1,000 sets. But to some buyers, it sells at cheaper prices. It sells some at a gain of 25% and the rest at a gain of 15% and achieves its target. How many sets does it sell, respectively?

  • Question 16
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    A grocer mixes 26 kg of tea, which costs Rs. 20 per kg with 30 kg of tea, which costs Rs. 36 per kg. He sells the mixture at Rs. 30 per kg. What is his profit percentage?

  • Question 17
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    A man sells an article at a gain of 10%. If he had bought it at 10% less and sold it for Rs. 132 less, he would have still gained 10%. Find the cost price of the article.

  • Question 18
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    There are 800 waiters in a hotel, of which 60% are males and the rest are females. The male waiters get a tip of 5% of the bill and the female waiters get a tip of 8% of the bill. If the ratio of the number of males to that of females gets reversed next year, but the total number of waiters remains the same, then find the percentage change in the total tip amount. (Assume that each male waiter gets an order of Rs. 600 and each female waiter gets an order of Rs. 500.)

  • Question 19
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    X, Y and Z invested in a company. X invests of Z, and Y invests of X and Z invests Rs.50000. The profit of the Firm is 25% of the total capital invested. X, Y and Z get 10%, 12% and 15% of their capital respectively. X is the manager of the company. Find how much would X get extra per month for managing the company.

  • Question 20
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    The cost of running a printing machine is Rs. 320 per 1000 copies. The cost of setting is Rs. 2000 up to 5000 copies and after this, the cost of setting is 30 paise per copy. The other costs are 60 paise per copy. 10,000 copies are printed but only 8260 copies at the rate of Rs. 1.75 are sold. What is the sum to be obtained from advertisement to give a profit of 30% on the cost?

  • Question 21
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    Rajgopalan purchased a second hand TV for Rs. 4800 and spent 20% of the cost on its repairing. If he wants to earn (by selling) Rs. 1440 as net profit on it, how much percentage should he increase the purchase price of the TV?

  • Question 22
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    The marked price of two articles are in the ratio of 3 : 7. The retailer gave the equal discount (in Rs. terms) on both the articles, and the selling prices of these two articles are in the ratio of 1 : 5. What are their respective marked prices?

  • Question 23
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    A businessman marks his goods in such a way that even after allowing 12.5% discount on cash purchase, he gains 20%. If the cost price of the goods is Rs. 140, find the marked price.

  • Question 24
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    A dealer marks articles at a price that gives him a profit of 30%. Unfortunately, 6% of the goods were lost in a fire accident and 24% were soiled and had to be sold at half of the cost price. If the remaining of the goods were sold at the marked price, what percentage profit or loss did the dealer earn?

  • Question 25
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    A pharmaceutical company produce 6000 bottles of cough syrup for Rs.1,32,000. It distributed 20% of the bottles to the doctors as a sample and sold of the remaining bottles at 25% discount. The remaining bottles were sold at the printed price of the bottle that was 50% more than the cost price. It gives 10% discount on the sale price to the shopkeepers. Find the profit or loss.

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