# Profit & loss (Basic level): sheet 1

1. A man sells article at 10% loss . if he had sold it at Rs.10 more , he would have gained 10% . the cost price of the article is --?

A. 110/-

B. 55/-

C. 50/-

D. 100/-

2. A businessman bought a second hand bike for Rs.6000 and spent Rs.500 on its repair . he sold it for Rs.7020 his gain % is --?

A. 8

B. 5

C. 9.6

D. 12.5

3. A merchant has 120kg of rice . he sells a part of it at a profit of 10% and rest at profit of 25% . he gains 15% on the whole . The quantity of rice he sold at profit 25% is ?

A. 30kg

B. 40kg

C. 50kg

D. 55kg

4. The cost price of an article is Rs.350. If a salesman sells it at a profit of 14%, then the selling price of the article ?

A. 395/-

B. 459/-

C. 364/-

D 399/-

5. After 20% increase in cost of mangoes , a man gets 4 mangoes less in 40/- . what was the cost of 15 mangoes before increase ?

A. 10/-

B. 15/-

C. 20/-

D. 25/-

6. Rahim bought a T.V. with 20% discount on list price . had he bought it with 25% discount he would have save 500/- at what price did he buy the T.V.?

A. 12000/-

B. 16000/-

C. 1000/-

D 800/-

7. Vishwas sold an item for 7200/- and incurred a loss of 20% . at what price should he have sold the item to have gained a profit of 20% ?

A. 8950/-

B. 10800

C. 11200/-

D. None of these

8. A fruit seller makes a profit of 20% by selling mangoes at a certain price. if he charges 1/- more for each mango , he can make profit of 40% find selling price of a mango on this case ?

A. 5/-

B. 6/-

C. 5.5/-

D. 7/-

9. A cloth merchant on selling 33 meters of cloth obtain a profit equal to the selling price of 11 meters of cloth . The profit is --?

A. 40%

B. 22%

C. 50%

D. 11%

10. By selling a vegetable for 40/- , a loss of 40% is occurred . what will happen .if it sold for 80/- ?

A. 20% loss

B. 10% profit

C. 20% profit

D 10% loss

11. A person sells 400 mangoes at the cost price of 320 mangoes . his percentage of loss is ?

A. 10

B. 15

C. 20

D. 25

Posted by-

(Team SUPRAVI)

A. 110/-

B. 55/-

C. 50/-

D. 100/-

2. A businessman bought a second hand bike for Rs.6000 and spent Rs.500 on its repair . he sold it for Rs.7020 his gain % is --?

A. 8

B. 5

C. 9.6

D. 12.5

3. A merchant has 120kg of rice . he sells a part of it at a profit of 10% and rest at profit of 25% . he gains 15% on the whole . The quantity of rice he sold at profit 25% is ?

A. 30kg

B. 40kg

C. 50kg

D. 55kg

4. The cost price of an article is Rs.350. If a salesman sells it at a profit of 14%, then the selling price of the article ?

A. 395/-

B. 459/-

C. 364/-

D 399/-

5. After 20% increase in cost of mangoes , a man gets 4 mangoes less in 40/- . what was the cost of 15 mangoes before increase ?

A. 10/-

B. 15/-

C. 20/-

D. 25/-

6. Rahim bought a T.V. with 20% discount on list price . had he bought it with 25% discount he would have save 500/- at what price did he buy the T.V.?

A. 12000/-

B. 16000/-

C. 1000/-

D 800/-

7. Vishwas sold an item for 7200/- and incurred a loss of 20% . at what price should he have sold the item to have gained a profit of 20% ?

A. 8950/-

B. 10800

C. 11200/-

D. None of these

8. A fruit seller makes a profit of 20% by selling mangoes at a certain price. if he charges 1/- more for each mango , he can make profit of 40% find selling price of a mango on this case ?

A. 5/-

B. 6/-

C. 5.5/-

D. 7/-

9. A cloth merchant on selling 33 meters of cloth obtain a profit equal to the selling price of 11 meters of cloth . The profit is --?

A. 40%

B. 22%

C. 50%

D. 11%

10. By selling a vegetable for 40/- , a loss of 40% is occurred . what will happen .if it sold for 80/- ?

A. 20% loss

B. 10% profit

C. 20% profit

D 10% loss

11. A person sells 400 mangoes at the cost price of 320 mangoes . his percentage of loss is ?

A. 10

B. 15

C. 20

D. 25

Posted by-

*Bhushan S. Patil,***,**

*Pranav M. Walse*(Team SUPRAVI)

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