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Profit and Loss 05

The document contains a series of mathematical problems related to profit and loss, discounts, and pricing strategies, sourced from R. S. Agarwal. Each problem presents a scenario involving calculations of costs, selling prices, and profit percentages, with multiple-choice answers provided. The problems are designed to test understanding of basic financial concepts and arithmetic operations.

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Subhra Nag
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0% found this document useful (0 votes)
6 views7 pages

Profit and Loss 05

The document contains a series of mathematical problems related to profit and loss, discounts, and pricing strategies, sourced from R. S. Agarwal. Each problem presents a scenario involving calculations of costs, selling prices, and profit percentages, with multiple-choice answers provided. The problems are designed to test understanding of basic financial concepts and arithmetic operations.

Uploaded by

Subhra Nag
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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1.

Garima purchased a mobile phone with an


additional 10% discount on the reduced
price after deducting 20% on the labelled
price. If the labelled price was ₹1400, at
what price did she purchase the mobile
phone? [R. S. Agarwal, Page No.
393, Q. No. - 194]
(i) ₹980 (ii) ₹1008 (iii) ₹1056 (iv) ₹1120
2.A shopkeeper offers 2.5% discount on cash
purchases. What cash amount would
Rohan pay for a cycle, the marked price of
which is ₹650? [R. S. Agarwal, Page No.
393, Q. No. - 192]
(i) ₹633.25 (ii) ₹633.75 (iii) ₹634 (iv)
₹635
3.A milk vendor mixes water with milk in the
ratio 1 : 4. He then measures 800 ml
instead of a liter and sells the milk at a
nominal profit of 20% over the cost price.
What is his actual profit percentage?
[R. S. Agarwal, Page No. 393, Q. No. - 191]
(i) 37.5% (ii) 50% (iii) 62.5% (iv) 87.5%
4.Previously the manufacturing cost of a
product was thrice the cost of raw
material. Now the cost of raw material
increases in the ratio of 5 : 12 and
manufacturing costs increases in the ratio
of 3 : 5. The previous cost of the product
was ₹8. What should be the present selling
price so that 25% profit can be made?
[R. S. Agarwal, Page No. 393, Q. No. - 190]
(i) ₹13.70 (ii) ₹14.80 (iii) ₹18.50 (iv)
₹19.50
5.The cost of raw materials of a product
increases by 30%, the manufacturing cost
increases by 20% and the selling price of
the product increases by 60%. The raw
material and the manufacturing cost
originally formed 40% and 60% of the total
cost respectively. If the original profit
percentage was 1/4th of the original
manufacturing cost, find the approximate
new profit percentage. [R. S.
Agarwal, Page No. 392, Q. No. - 189]
(i) 48.39% (ii) 54.76% (iii) 63.85% (iv)
66.72%
6. The cost of manufacturing an article rose
by 18% as a result of the increase in the
cost of raw material. A manufacturer
revised the selling price of the article so as
to maintain the same profit percentage as
before. However, he found that he now got
₹9 more than the earlier profit by selling
each article. What was the earlier profit
per article? [R. S. Agarwal, Page
No. 392, Q. No. - 188]
(i) ₹36 (ii) ₹45 (iii) ₹50 (iv) ₹54
7.A firm of readymade garments makes both
men's and women's shirts. Its average
profit is 6% of the sales. Its profit in men's
shirts average 8% of the sales and
women's shirts comprise 60% of the out-
put. The average profit per sales rupee in
women's shirts is : [R. S. Agarwal, Page
No. 392, Q. No. - 187]
(i) 0.0166 (ii) 0.0466 (iii) 0.0666 (iv)
None of these
8.A small and medium enterprise imports
two components A and B from Taiwan and
China respectively and, assembles them
with other components to form a toy.
Components A contributes to 10% of
production cost while component B
contributes to 20% of production cost.
Usually the company sells this toy at 20%
above the production cost. Due to increase
in the raw material and labour cost in both
the countries, component A becomes 20%
costlier and component B became 40%
costlier. Owing to these reasons the
company increased its selling price by
15%. Considering that cost of other
components does not change, what will be
the profit percentage if the toy is sold at
the new price? [R. S. Agarwal, Page No.
392, Q. No. - 186]
(i) 15.5% (ii) 25.5% (iii) 35.5% (iv) 40%
9.A space research company wants to sell its
two products A and B. If the product A is
sold at 20% loss and the product B at 30%
gain, the company will not loss anything. If
the product A is sold at 15% loss and the
product B at 15% gain, the company will
loss ₹6 million in the deal. What is the cost
of product of B? [R. S. Agarwal,
Page No. 392, Q. No. - 185]
(i) ₹80 million (ii) ₹100 million (iii) ₹120
million (iv) ₹140 million
10. On selling a chair at 7% loss and a
table at 17% gain, a man gains ₹296. If he
sells the chair at 7% gain and the table at
12% gain, then he gains ₹400. The actual
price of the table is : [R. S.
Agarwal, Page No. 392, Q. No. - 184]
(i) ₹1600 (ii) ₹1800 (iii) ₹2200 (iv) ₹2400
11. The cost price of two watches taken
together is ₹840. If by selling one at a
profit of 16% and the other at a loss of
12%, there is no loss or gain in the whole
transaction, then the cost price of the two
watches are respectively : [R. S.
Agarwal, Page No. 392, Q. No. - 183]
(i) ₹360, ₹480 (ii) ₹480, ₹360 (iii) ₹380,
₹460 (iv) ₹400, ₹440
12. A farmer sold a cow and an ox for
₹800 and got a profit of 20% on the cow
and 25% on the ox. If he sells the cow and
the ox for ₹820, he gets a profit of 25% on
the cow and 20% on the ox. The individual
cost price of the cow and the ox is :
[R. S. Agarwal, Page No. 392, Q. No. - 182]
(i) ₹530.60, ₹130.60 (ii) ₹515.60, ₹115.60
(iii) ₹531.50, ₹135.50 (iv) Data inadequate
13. A man purchases two clocks A and B at
a total cost of ₹650. He sells A with 20%
profit and B at a loss of 25% and gets the
same selling price for both the clocks.
What are the purchasing prices of A and B
respectively? [R. S. Agarwal, Page
No. 392, Q. No. - 181]
(i) ₹225, ₹425 (ii) ₹250, ₹400 (iii) ₹275,
₹375 (iv) ₹300, ₹350
14. Albert buys 4 horses and 9 cows for
₹13,400. If he sells the horses at 10%
profit and the cows at 20% profit, then he
earns a total profit of ₹1880. The cost of a
horse is : [R. S. Agarwal, Page No.
392, Q. No. - 180]
(i) ₹1000 (ii) ₹2000 (iii) ₹2500 (iv) ₹3000
15. A trader purchase a watch and a wall
clock for ₹390. He sells them making a
profit of 10% on the watch and 15% on the
wall clock. He earns a profit of ₹51.50. The
difference between the original prices of
the wall clock and the watch is equal to :
[R. S. Agarwal, Page No. 392, Q. No. - 179]
(i) ₹80 (ii) ₹100 (iii) ₹110 (iv) ₹120
16. Two-thirds of a consignment was sold
at a profit of 6% and the rest at a loss of
3%. If however there was an overall profit
of ₹540, then the value of the consignment
was : [R. S. Agarwal, Page No.
392, Q. No. - 178]
(i) ₹15,000 (ii) ₹16,000 (iii) ₹18,000 (iv)
None of these
17. A man sells two horses for ₹1475. The
cost price of the first is equal to the selling
price of the second. If the first is sold at
20% loss and the second at 25% gain, then
what is his total gain or loss? [R. S.
Agarwal, Page No. 392, Q. No. - 177]
(i) ₹60 loss (ii) ₹80 gain (iii) ₹60 gain (iv)
Neither gain nor loss
18. A fruit seller has 24 kg of apples. He
sells a part of these at a gain of 20% and
the balance at a loss of 5%. If on the whole
he earns a profit of 10%, the amount of
apples sold at a loss is : [R. S.
Agarwal, Page No. 391, Q. No. - 176]
(i) 4.6 kg (ii) 6 kg (iii) 9.6 kg (iv) 11.4 kg
19. A merchant has 1000 kg of sugar, part
of which he sells at 8% profit and the rest
at 18% profit. He gains 14% on the whole.
The quantity sold at 18% profit is :
[R. S. Agarwal, Page No. 391, Q. No. - 175]
(i) 400 kg (ii) 560 kg (iii) 600 kg (iv) 640
kg
20. A man bought goods worth ₹6000 and
sold half of them at a gain of 10%. At what
gain percent must he sell the remainder so
as to get a gain of 25% on the whole?
[R. S. Agarwal, Page No. 391, Q. No. - 174]
(i) 25% (ii) 30% (iii) 35% (iv) 40%

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