Profit and Loss Level 3

Q:  A person sold an article at a profit of 37 1/2 %. If he had sold it for Rs. 540 more, he would have gained 42%. What is the cost price?
A: 12000
Q: A merchant marks his goods up by 60% and then offers a discount on the marked price. If the final selling price after the discount results in the merchant making no profit or loss, what was the percentage discount offered by the merchant?
A: 37.5%
Q: The sale price of an article including the sale tax is Rs. 616. The rate of sale tax is 10%. If the shopkeeper has made a profit of 12%, the cost price of the article is _____.
A: Rs.500
Q: If a merchant offers a discount of 30% on the list price, then she makes a loss of 16%. What % profit or % loss will she make if she sells at a discount of 10% of the list price?
A: 8% profit
Q: ’A’ sold an article to ’B’ at a profit of 20%. ’B’ sold the same article to ’C’ at a loss of 25% and ’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. 200
Q: A and B enter into speculation. A puts in Rs.50 and B puts in Rs.45. At the end of 4 months A withdraws half his capital and at the end of 6 months B withdraws 1/3 of his capital. C then enters with a capital of Rs.70. At the end of 12 months, the profits of the concern is Rs.254. What is the share of A?
A: Rs. 80
Q: Viswa purchased 120 chairs at a price of Rs. 110 per chair. He sold 30 chairs at a profit of Rs.12 per chair and 75 chairs at a profit of Rs. 14 per chair. The remaining chairs were sold at a loss of Rs. 7 per chair. What is the average profit per chair?
A: Rs.10.87
Q: A man buys 5 horses and 7 bulls for Rs.1950. He sells the horses at a profit of 10% and bulls at a profit of 16% and on the whole, his gain is Rs.237. What price does he pay for a horse?
A: Rs. 250
Q: If I sell a TV for Rs.3100 and a cycle for Rs.1300, I gain 10% on the original cost of both; but if I sell the TV for Rs.3150 and the cycle for its original price, I lose 10% on the whole. Find the original cost of each respectively.
A: Rs.3550; Rs.450
Q: A dealer sold a Radio at a loss of 2.5%. Had he sold it for Rs. 100 more, he would have gained 7.5%. To gain 12.5% he should sell it for :
A: Rs.1125
Q: A merchant sells rice to a customer using false weights and gains 25% on selling at cost Price. What weight would a customer receive instead of a kilogram? 
A: 800 grams
Q: When a producer allows 36% commission on the retail price of his product, he earns a profit of 8.8%.What would be his profit percent if the commission is reduced by 24%?
A: 49.6%
Q: An article was sold for Rs. 2770. Had it been sold for Rs. 3000 there would have been an additional gain of 10%. Cost Price of the article is:
A: Rs. 2300
Q: Two merchants sell, each an article for Rs.1000. If Merchant A computes his profit on cost price, while Merchant B computes his profit on selling price, they end up making profits of 25% respectively. By how much is the profit made by Merchant B greater than that of Merchant A?
A: Rs.50
Q: The market price of an article was 40% more than its cost price. I was going to sell it at market price to a customer, but he showed me some defects in the article, due to which I gave him a discount of 28.57%. Next day he came again and showed me some more defects, hence I gave him another discount that was equal to 12.5% of the cost price. What was the approximate loss to me?
A: Loss of 12.5%
Q: A manufacturer makes a profit of 15% by selling a colour TV for ₹5750. If the cost of manufacturing increases by 30% and the price paid by the retailer is increased by 20%, find the profit percent made by the manufacturer.
A: 80/13 %
Q: Mani found that he had made a loss of 10% by selling a watch. He also found that if he had sold it for Rs.27 more, he would have made a profit of 15%. The actual loss was what percentage of the profit earned if he had sold the watch for a 5% profit?
A: 200%
Q: If the absolute difference between the selling price of the article when there is 15% loss and 15% gain in selling a article is Rs 450, then what is the cost price of the article?
A: Rs. 1500
Q: A man buys 5 Horses and 7 oxen for 5,850 rupees. He sells the horses at a profit of 10% and oxen at a profit of 16% and his whole gain is 711 rupees. What prize does he pay for the horse?
A: Rs. 750
Q: Megha buys a product at a discount of 40% which is worth Rs. 500, whereas Meena buys the same product but with two successive discounts of 36% and 4% from the tag price of Rs. 500. What is the difference between the buy price of Megha and Meena?
A: 7.20
Q: A trader buys goods at a 19% discount on the label price. If he wants to make a profit of 20% after allowing a discount of 10%, by what % should his marked price be greater than the original label price?
A: +8%
Q: A dealer offers a cash discount of 20% and still makes a profit of 20%, when he further allows 16 articles to a dozen to a particularly sticky bargainer. How much percent above the cost price were his wares listed?
A: 100%
Q: The cost of servicing of a Maruti car at Maruti care Pvt. Ltd. is Rs. 400. Manager of service center told me that for the second service within a year a customer can avail a 10% discount and further for third and fourth servicing he can avail 10% discount of the previous amount paid, within a year. Further if a customer gets more than 4 services within a year he has to pay just 60% of the servicing charges on these services. A customer availed 5 services from the same servicing station, what is the total percentage discount fetched by the customer?
A: 19.22%
Q: If a trader, by means of false measures, gains 20% while buying and 25% while selling, what is his overall gain percentage?
A: 50%
Q: If a commission of 10% is given on the marked price of a book, then the publisher gains 20%. If the commission is increased to 15%, then what is the gain percent?
A:
Q: Arjun buys a toy at Rs 100 and sells it at Rs 120. Amin buys the same toy at Rs 120 but sells it at Rs 100. What are the respective profit/loss per cent for the two persons?
A: 20%, 16.7%
Q: A shopkeeper sold his product 20% above the cost price and gives 800 grams instead of 1000 grams.Then find the overall profit earned by the shopkeeper
A: 50%
Q: A trader allows a discount of 5% to his customers. What price should he mark on an article the cost price of which is Rs.712.50 so as to, make a clear profit of 33 1/3 % on his outlay?
A: 1000
Q: A shopkeeper sells one-fifth of his goods at a profit of 12.5% another one-fifth at a profit of 6¼%, and the rest at a loss of 4%. What is his overall profit percentage?
A: 1.35%
Q: A milkman buys two cows for Rs. 3000. He sells the first cow at a profit of 22% and the second cow at a loss of 8%. What is the SP of the second cow if in the whole transaction there is no profit no loss?
A: Rs. 2024