Profit and Loss
1. A man buys an article for ₹500 and sells it for ₹650. Find his profit percentage.
A. 25%
B. 30%
C. 35%
D. 40%
A. 25%
2. A shopkeeper buys a watch for ₹800 and sells it for ₹1000. What is his profit percentage?
A. 20%
B. 25%
C. 30%
D. 35%
B. 25%
3. A merchant sells goods for ₹1200 and incurs a loss of 20%. What was the cost price?
A. ₹1400
B. ₹1500
C. ₹1600
D. ₹1800
B. ₹1500
4. A shirt marked at ₹800 is sold at successive discounts of 20% and 10%. What is the selling price?
A. ₹540
B. ₹576
C. ₹600
D. ₹640
B. ₹576
5. A shopkeeper marks an item 40% above cost price and gives 15% discount. What is his profit percentage?
A. 15%
B. 19%
C. 25%
D. 30%
B. 19%
6. If the cost price of 15 items equals the selling price of 12 items, what is the profit percentage?
A. 20%
B. 25%
C. 30%
D. 35%
B. 25%
7. By selling a book for ₹180, a seller loses 10%. At what price should he sell to gain 10%?
A. ₹200
B. ₹220
C. ₹240
D. ₹260
B. ₹220
8. A vendor buys oranges at 8 for ₹40 and sells them at 5 for ₹40. What is his profit percentage?
A. 40%
B. 50%
C. 60%
D. 70%
C. 60%
9. A shopkeeper allows 25% discount on the marked price and still makes 20% profit. If the cost price is ₹400, find the marked price.
A. ₹600
B. ₹640
C. ₹680
D. ₹720
B. ₹640
10. A dealer sells two watches for ₹990 each. On one he gains 10% and on the other he loses 10%. What is his total gain or loss percentage?
A. 0%
B. 1% loss
C. 2% loss
D. 2% gain
B. 1% loss