**PROFIT AND LOSS**

**1. What is the cash discount that follows a 20% trade discount on the list price (a 50% mark on the C.P) .If the seller finally makes a profit of 11%:**

**a.**9.5%

**b.**12%

**c.**7.5%

**d.**8%

**2. A dealer buys a table listed at Rs 200 and gets successive discounts of 10% and 15% .He spends Rs 7 on transport and sells the table for Rs 208. What is his gain:**

**a.**25%

**b.**30%

**c.**35%

**d.**40%

**3. If a man purchases 7 oranges for Rs 8 and sells 8 oranges for Rs 7. How much profit or loss does he make:**

**a. 275/16% loss**

**b. 275/16% profit**

**c. 375/16% loss**

**d. 375/16% profit**

**4. A merchant professes to loss 8% on a certain tea, but he uses a weight equal to 460 g instead of 1 kg. Find his real loss or gain per cent:**

**a.**50% gain

**b.**100% gain

**c.**200% gain

**d.**75% gain

**5. A man sells an article at a gain of 15%.If he had bought it at 10% less and sold it for Rs 4 less, he would have gained 25%. Find the cost price**

**.**

**a.**Rs. 160

**b.**Rs. 260

**c.**Rs 610

**d.**Rs 180

**6. An article is sold at 25% profit. If its CP and SP are increased by Rs 16 and Rs 6 respectively, the percentage of profit decreases by 20%. Find the cost price.**

**a.**Rs 45

**b.**Rs 58

**c.**Rs 54

**d.**data inadequate

**7. A person sells his table at a profit of 40% and the chair at a loss of 20% but on the whole he gains Rs 60. On the other hand if he sells the table at a loss of 20% and the chair at a profit of 40% then he neither gains nor loses. Find the cost price of the table and the chair.**

**a.**Rs 200, Rs 100

**b.**Rs 100, Rs 200

**c.**Rs 250, Rs 150

**d.**Rs 150, Rs 250

**8.1/5 if a commodity is sold at 25% profit,1/10 is sold at 40% profit and the rest at 30% profit. If a total profit of Rs 150 is earned, then find the value of the commodity:**

**a.**Rs. 550

**b.**Rs. 450

**c.**Rs 650

**d.**Rs 500

**9. Umesh purchased 30 bananas at Rs 3 each. He sold 16 bananas at 15% profit and the remaining 30% profit. What is his profit percentage in this transaction:**

**a.**33%

**b.**22%

**c.**17%

**d.**31%

**10. A calculates his profit percentage on the selling price whereas B calculates his profit on the cost price. They find that the difference of their profits is Rs 900.If the selling price of both of them are the same, and A gets 50% profit and B gets 40% profit, then find their selling price:**

**a.**Rs 4200

**b.**Rs 4500

**c.**Rs 4000

**d.**Rs 4800

**ANSWERS**

**1.C, 2.D, 3.C, 4.B, 5.A, 6.C, 7.A, 8.D, 9.B, 10.A**