Daily Visit: [GOVERNMENTADDA.

COM]

120+ Profit & Loss

Questions With Solution

GovernmentAdda.com

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 1

 Daily Visit: [GOVERNMENTADDA.COM]

1. A Shopkeeper buys two bicycles for Rs. and one apple cost Rs. 10. I bought 3
750. He sells first bicycle at a profit of 22% Mangoes, 3 grapes and 3 apples. How
and the second bicycle at a loss of 8%. much did I pay?
What is the SP of first bicycle if in the A) Rs15
whole transaction there is no profit no loss? B) Rs18
A) Rs506 C) Rs20
B) Rs244 D) Rs25
C) Rs185 E) None
D) Rs230
E) None View Answer

View Answer Option A

Solution:
Option B Mango=X;. Grape = Y; Apple =Z ;
Solution: 2X+3Y+4Z= 15— 1
CP of 1st bicycle =x 3X+2Y+Z= 10— 2
Then CP of 2nd bicycle is 750-x. Adding (1) and (2) 5X+5Y+5Z= 25
Their SP be 122/100*x and 92/100*(750-x) Clearly, X+ Y+Z = 5.
Given that there is no profit no loss. So cost of 3 Mangoes, 3 grapes and 3
122/100*x + 92/100*(750-x) =750 apples will be 3X+3Y+3Z i.e, 15
122x +750*92 -92x=750*100
122x – 92x=750*100 – 750*92 4. A watch dealer incurs an expense of Rs.
30x = 750 * (100-92) 150 for producing every watch. He also
X=200. incurs an additional expenditure of Rs.
SP of 1st bicycle =122/100 *200=Rs244. 30,000, which is independent of the
number of watches produced. If he is able
2. The cost price of item B is Rs. 200/- more to sell a watch during the season, he sells it
than the cost price of item A. Item A was for Rs. 250. If he fails to do so, he has to
sold at a profit of 20% and item B was sold sell each watch for Rs. 100.If he produces
at a loss of 30%. If the respective ratio of 1500 watches, what is the number of
selling prices of items A and B is 6 : 7, watches that he must sell during the season
what is the cost price of item B? in order to breakeven, given that he is able
A) Rs520 to sell all the watches produced?
B) Rs430 A) 580
C) Rs400 B) 620
D) Rs360 C) 650
E) None D) 700
E) None
View Answer
View Answer
Option C
Solution: Option D
Let the CP of item A be x Solution:
CP of item B is x+200. Total cost to produced 1500 watches =
(120/100*x)/(x+200)*70/100 =6/7 (1500 × 150 + 30000) = Rs. 2,55,000
120x/(x+200)*70=6/7 Let he sells x watches during the season,
20x/10(x+200)=1 therefore
X=Rs200. number of watches sold after the season =
CP of item B is 200+200 =Rs400. (1500 – x)
250 × x + (1500 – x) × 100 = 150x +
3. Two Mangoes, three grapes and four apples 150000
cost Rs. 15. Three Mangoes, two grapes Now, break-even is achieved if production
GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 2
 Daily Visit: [GOVERNMENTADDA.COM]

cost is equal to the selling price. 7. The percentage profit earned by selling an
150x + 150000 = 2,55,000 article for Rs. 2120 is equal to the
x = 700 percentage loss incurred by selling the
same article for Rs. 1520. At what price
5. A dealer offers a cash discount of 20% and should the article be sold to make 25%
still makes a profit of 20%, when he further profit?
allows 16 articles to a dozen to a A) Rs2275
particularly sticky bargainer. How much B) Rs2100
per cent above the cost price were his C) Rs2650
wares listed ? D) Rs2400
A) 100% E) None
B) 80%
C) 75% View Answer
D) 85%
E) None Option A
Solution:
View Answer The CP be
2120+1520=3640
Option A 3640/2=1820.
Solution: SP=1820*125/100=1820*5/4
MP=120/(80/100)=150 =Rs2275
Now he is selling 16 goods to a dozen(ie
12), 8. A purchased a machine at Rs 13,000 , then
so his loss = {(16-12)/16} x100 = 25%. got it repaired at Rs 3500, they gave its
Then the actual MP 150/(75/100)=200 transportation charges Rs500. Then he sold
Hence, he has marked the MP 100% above it at 50% profit. At what price he actually
the CP. sold it?
A) Rs18500
6. Profit earned by an organisation is B) Rs25500
distributed among officers and clerks in the C) Rs22200
ratio of 5 : 3. If the number of officers is 55 D) Rs19600
and the number of clerks is 70 and the E) None
amount received by each officer is
Rs12,000, what was the total amount of View Answer
profit earned?
A) Rs11 Lakh Option B
B) Rs12.25Lakh Solution:
C) Rs10.56Lakh The CP is 13000+3500+500=17000
D) Rs16Lakh Then SP
E) None 100 17000
150 ? ==> 25500
View Answer
9. In a certain store, the profit is 270% of the
Option C cost. If the cost increases by 30% but the
Solution: selling price remains constant,
The total amount distributed among 55 approximately what %ge of the selling
officers = Rs.55×12000 = Rs.6,60,000. price is the profit.
Their ratio 5:3 A) 68%
Then 5 660000 B) 72%
3 ? 396000 C) 50%
Total profit = 6,60,000 + 396000 D) 65%
=Rs10,56,000. E) None

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 3

 Daily Visit: [GOVERNMENTADDA.COM]

View Answer Option C

Solution:
Option D Let CP is Rs100
Solution: Profit 20% Means ==> 120.
Let C.P.= Rs. 100. 120=4/5SP==>SP =150.
Then, Profit = Rs. 270, Then profit %ge is 50%
S.P. = Rs. 370.
New C.P. = 130% of Rs. 100 = Rs. 130
New S.P. = Rs. 370. 2. A product costs a company Rs 60 to
Profit = Rs. (370 – 130) = Rs. 240 manufacture, and it sold the product to a
Required percentage = (240/370) * 100 dealer for Rs 70, who in turn sold it to a
= 64.86 =65%(approx) shopkeeper for Rs 85, who sold to a
customer for Rs 102. What is the
10. A person X sold an Item to Y at 40% loss, percentage of profit for the company and
then Y sold it to third person Z at 40% who made the highest profit on selling the
profit and finally Z sold it back to X at 40% product?
profit. In this whole process what is the A) 20 1/3%, Company
percentage loss or profit of X? B) 16 2/3%, Dealer
A) 70% C) 20 1/3% ,Dealer
B) 62.5% D) 16 2/3%, Shopkeeper
C) 57.6% E) None
D) 55%
E) None
View Answer
View Answer
Option B
Option C Solution:
Solution: Company Profit %ge is (70-
Let the CP = Rs.100. for X. 60)10/60*100=100/6=16 2/3.
Y’s CP = Rs.60. Then Dealers Profit %ge is (85-
Z’s CP = Rs.84. 70)15/70*100=150/7=21 3/7.
Finally, X’s CP = Rs.117.6. Then Shopkeeper Profit %ge is (102-
:. X’s loss = 117.6 – 60 = Rs.57.6 85)17/85*100=20
:. X’s loss percent = 57.6% Among the three Dealer get the highest
profit %ge.

3. Navya buys a certain number of toys at 12

per Rs 9 and the same number at 18 per Rs
9. If she sells them at 18 per Rs15 does she
1. If Joel sells an article at 4/5th of its selling gain or lose and by what percentage?
price and secures a profit of 20%, what will A) 33 1/3 % loss
be the profit or loss percentage if he sells it B) 12% gain
at the actual selling price? C) 33 1/3 % gain
A) 45% D) 12% loss
B) 60% E) None
C) 50%
D) 56%
E) None View Answer
Option C
View Answer Solution:
She bought 12 toys at Rs 9.

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 4

 Daily Visit: [GOVERNMENTADDA.COM]

And 18 toys at Rs 9 Let the MP be x

Then 12toys = 18 9 Then x* 80/100(20%discount)
12 ?==6 *110/100(10%sales) =1848
Total 24toys =(9+6)15. X=2100
She sells 18 toys at Rs 15.
Now 18 15 6. A calculate his profit %ge on the selling
(12+12) 24 ? ==>20 price whereas B calculate his on the cost
Profit %ge is 15/20*100=300/4=33 1/3%. price. They find that the difference of their
profit is Rs 150. If the selling price of both
of them are same and both of them get 20%
4. A shopkeeper sells Marker at the rate of profit, find their selling price (in rupees).
Rs.35 each and earns a commission of A) 2500
10%. He also sells Gel pen at the rate of B) 3000
Rs. 65 each and earns a commission of C) 3200
20%. How much amount (in rupees) of D) 4000
commission will he earn in 2 weeks, if he E) None
sells 12 markers and 8 Gel pens a day?
A) 2100
B) 1850 View Answer
C) 2044
D) 2680 Option E
E) None Solution:
Let SP is x
A’s profit =x*20/120=x/6
View Answer B’s profit =x*20/100=x/5
Diff is x/6-x/5=150
Option C x/30=150==>x=4500
Solution:
Commission for 7. A person sells two fans for Rs. 6800. The
marker=(35*12)*10/100=42 cost price of the first fan is equal to the
Commission for Gel pen selling price of the second fan. If the first is
=(65*8)*20/100=104 sold at 30% loss and the second at 100%
Total Commission earned in 2 weeks is, gain, what is total profit or loss (in rupees)?
(104+42)*14=2044. A) 750
B) 800
C) 670
5. A discount of 20% is given on the marked D) 580
price of an article. The shopkeeper charges E) None
sales tax of 10% on the discounted price. If
the selling price be Rs 1848, what is the
marked price (in rupees) of the article? View Answer
A) 2500
B) 3200 Option B
C) 3600 Solution:
D) 2100 Let the cp of 1st fan = sp of 2nd fan = Rs
E) None 100
∴ sp of 1st fan = 70(loss 30%)
Cp of 2nd fan = 50 (profit 100%)
View Answer Total cp = 100 + 50 = 150
and total sp = 70 + 100 = 170
Option D ∴ When SP = 6800,
Solution: then cp = 150/170 x 6800 = 6000

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 5

 Daily Visit: [GOVERNMENTADDA.COM]

∴ Profit = 6800 – 6000 = 800 10. A reputed company sells a wrist watch to a
wholesaler making a profit of 10%. The
wholesaler, in turn, sells it to the retailer
8. A dealer allowed a discount of 25% on making a profit of 10%. A customer
marked price of Rs.20,000 on an article and purchases it by paying Rs. 990. Thus the
incurred a loss of 20%. What discount profit of retailer is 2(3/11)% What is the
should he allow on the marked price so that cost (in rupees) incurred by the the
he gains Rs.450 on the article? company to produce it?
A) 6.5% A) 600
B) 5% B) 700
C) 4.25% C) 800
D) 4% D) 900
E) None E) None

View Answer View Answer

Option D Option C
Solution: Solution:
25% discount==>20,000*75/100=15000 x*110/100*110/100*(100 + 25/11)/100 =
Then loss 20% means 990
x*80/100=15000=3750*5=18750 x = 800
He gain 450 means SP=18750+450=19200
Now 20000-19200=800
%ge =800/20000*100=4%
1. A dealer buys a product at Rs. 1920 , he
9. A dealer marked the price of an item 20% sells at a discount of 20% still he gets the
above cost price. He allowed two profit of 20% . What is the selling price of
successive discounts of 20% and 25% to a that product?
customer. As a result he incurred a loss of A) Rs.1159
Rs.1400. At what price (in rupees) did he B) Rs.1550
sell the item to the customer? C)Rs.2304
A) 3600 D) Rs.1785
B) 4200 E) Rs.1245
C) 3850
D) 4125 View Answer
E) None
Option C
Solution:
View Answer CP ——– SP ———-MP
100—-(20% profit)—-120——-(20%
Option A discount) ——150
Solution: => SP = 1.2CP = 2304
CP = 100
MP = 120 2. The ratio of cost price and marked price of
120*80/100 = 96; 96*75/100 = 72 an article is 2:3 and ratio of percentage
Loss = 100 – 72 = 28% profit and percentage discount is 3:2. What
CP = 100/28*1400 = 5000 is the discount
SP = 5000*72/100 = 3600 percentage ?
A) 18.58%
B) 20.25%
C) 16.66%

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 6

 Daily Visit: [GOVERNMENTADDA.COM]

D) 22.13% View Answer

E) 14.51%
Option
View Answer Solution:
CP = 100 , MP = 120
Option C D = (15/100)*120 = 18%
Solution: SP = 102
CP : MP = 2x : 3x P% = (P/CP)*100 = (2/100)*100 = 2%
=> profit = x
profit % : discount % = 3 : 2 5. A, B and C invest in the ratio of 3 : 4 :5 .
Let CP = 200 , SP = 300 The percentage of return on their
But (3x/100)*200 + (2x/100)*300 = 100 investments are in the ratio of 6 : 5 : 4 .
=> x = 8.33% Find the total earnings, if B earns Rs. 250
Discount 2x = 16.66% more than A.
A) 7500
3. A firm of readymade garments makes both B) 6999
men’s and women’s shirts. Its average C) 4575
profit is 6% of the sales. Its profit in men’s D) 7250
shirts average 8% of the sales and women’s E) 2500
shirts comprise 60% of the output. Find the
average profit per sales rupee in women’s View Answer
shirts .
A) 1.2560 Option D
B) 0.0125 Solution:
C) 0.0566 A ————– B ———
D) 0.0466 —– C
E) 1.1562 Invetsment 3x ———— 4x ———
—— 5x
View Answer Rate of return 6y% ———-5y%———
—— 4y%
Option D Return (18xy/100)—-
Solution: (20xy/100)—–(20xy/100)
According to questions, Total = (18+20+20) = 58xy/100
women’s shirts comprise 60% of the B’s earnings – A’s earnings = 2xy/100 =
output. 250
Therefore, Men’s shirts comprise 40% of Total earnings = 58xy/100 = 7250
the output.
Average profit from men’s shirts = 8% of 6. Jagran group launched a new magazine in
40 = 3.2 out of 40 January 2004. The group printed 10000
Overall average profit = 6 out of 100 copies initially for Rs. 50000. It distributed
Average profit from women’s shirts = 2.8 20% of its stock freely as specimen copy
out of 60 and 25% of the rest magazines are sold at
= 0.0466 out of each shirt. 25% discount and rest at 16.66% discount
whose printing price was Rs. 12 per copy .
4. A shopkeeper marks his goods 20% above What is the overall gain or loss in the first
his cost price and gives 15% discount on month’s issue of magazine, if the magazine
the marked price. Find his gain%. could not realize the income from
A) 2% advertisements or other resources?
B) 8% A) 56%
C) 11% B) 62%
D) 6% C) 74%
E) 7%

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 7

 Daily Visit: [GOVERNMENTADDA.COM]

D) 50% = Rs. 1.5

E) 68% It means in order to gain 20%, he should
sell 12 marbles for Rs.1.5
View Answer For Rs. 1 , he should sell 12/1.5 = 8
marbles
Option A
Solution: 9. A shopkeeper bought a DVD marked at Rs.
Total cost = Rs.50,000 200 at successive discounts of 10% and
Total sale price = 2000 * 9 + 6000 * 10 = 15% respectively. He spent Rs. 7 on
78,000 transport and sold the table for Rs.208
Profit% = (28000/50000)*100 = 56% .What will be his profit percentage ?
A) 58%
7. A dishonest trader marks up his goods by B) 44%
80% and gives discount of 25% . Besides C) 30%
he gets 20% more amount per kg from D) 50%
wholeseller and sells 10% less per kg to E) 62%
customer. What is the overall profit
percentage ? View Answer
A) 63%
B) 72% Option C
C) 88% Solution:
D) 55% Single equivalent discount for 10% and
E) 80% 15% = (15 + 10 – (15*10/100))%
= 23.5%
View Answer CP of DVD = 200*(100- 23.5)% = Rs.153
Expense on transport = Rs. 7
Option E Actual CP = 153 + 7 = Rs. 160
Solution: Profit % = [(208 – 160)/160]*100 = 30%
CP = 100/120 = 10/12
SP = 135/90 = 18/12 10. The cost of setting up a magazine is
Profit % = {[(18/12) – (10/12)]/(10/12)} Rs.2800. The cost of paper and ink is
*100 = 80% Rs.80/ 100 copies and printing cost is Rs.
160 / 100 copies. In the last month 2000
8. By selling 12 marbles for a rupee, a copies were printed but only 1500 copies
shopkeeper loses 20% . In order to gain could be sold at Rs. 5 each . Total 25%
20% in the transaction , he should sell the profit on the sale price was realized. There
marbles at the rate of how many marbles is one more resource of income from the
for a rupee? magazine which is advertising. What sum
A) 14 of money was obtained from the
B) 8 advertising in magazine?
C)11 A) Rs.1654
D) 9 B) Rs.1522
E) 22 C) Rs.1750
D) Rs.1975
View Answer
E) Rs.1800
Option B
Solution: View Answer
SP of 12 marbles = Rs.1 , loss = 20% Option D
CP of 12 marbles = Rs. (1/0.8) = Rs. 1.25 Solution:
SP of 12 marbles at a gain of 20% Setup cost = Rs.2800
CP * 1.2 = 1.25 *1.2 Paper , ink = Rs. 1600

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 8

 Daily Visit: [GOVERNMENTADDA.COM]

Printing cost = Rs. 3200 Option C

Total cost = Rs. 7600 Solution:
Total sale price = 1500*5 = 7500 A’ s discount = 2800
Let the amount obtained from advertising is B’s discount = 2400+640 = 3040
x, Required difference = 3040-2800 = Rs.240
then
(7500+x) – 7600 = 25% of 7500
=> x = 1975 3. Sonata sells a wrist watch to a wholeseller
making a profit of 10%. The wholesaler
sells it to the retailer making a profit of
10%. A customer purchases it by paying
1. A dealer offers a discount of 20% and still Rs.990. Thus the profit of retailer is
makes a profit of 20% and he further 2(3/11)% what is the cost incurred by the
allows 4 articles free on the sale of 12 Sonata to produce it?
articles. Find the ratio of cost price to A) Rs.755
market price. B) Rs.950
A) 1:2 C)Rs.850
B) 4:5 D) Rs.550
C) 3:7 E) Rs.800
D) 2:5
E) 5:7
View Answer

View Answer Option E

Solution:
Option A [((x*1.1)*1.1)*(1125/1100)] = 990
Solution: => x = 800
Formula : MP(1 – d%) = CP(1+g%)
MP(80/100) = CP(120/100)
CP/MP = 80/120———(1) 4. Fanta and Coke, there are two companies,
Now, selling the packs of cold-drinks. For the
16 articles given in the cost of 12 articles same selling price Fanta gives two
MP of one article = total /12——–(2) successive discounts of 10% and 25%.
CP of one article = total /16———(3) While Coke sells it by giving two
For one article: successive discounts of 15% and 20%.
CP/MP= (80/16)/(120/12) = 1/2 What is the ratio of their marked price?
A) 110:111
2. A and B are dealers of a bike company. B) 120:125
The price of a bike is Rs.28,000. A gives a C) 131:133
discount of 10% on whole , while B gives a D) 136:135
discount of 12% on the first Rs.20,000 and E) 140:141
8% on the rest Rs.8000. What is the
difference between their selling price?
A) Rs.110 View Answer
B) Rs.180
C) Rs.240 Option D
D) Rs.200 Solution:
E) Rs.90 Fanta *0.9*0.75 = Coke *0.85*0.80
Fanta/Coke = 136/135

View Answer

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 9

 Daily Visit: [GOVERNMENTADDA.COM]

5. Profit on selling 10 candles equals selling 7. A person sold an electronic watch at Rs.
price of 3 bulbs. While loss on selling 10 96 in such a way that his percentage profit
bulbs equals selling price of 4 candles. is same as the cost price of the watch . If he
Also profit percentage equals to the loss sells it at twice the percentage profit of its
percentage and cost of a candle is half of previous percentage then find the new
the cost of a bulb. What is the ratio of selling price.
selling price of candle to the selling price A) Rs.132
of a bulb? B) Rs.120
A) 2:1 C) Rs.123
B) 3:2 D) Rs.100
C)7:9 E) Rs.110
D) 5:3
E) 3:1
View Answer

View Answer Option A

Solution:
Option B SP = x + (x*x)/100 = 96%
Solution: => x = 60
Candle —————— Bulb New , SP = 60+(60*120)/100 = Rs. 132
CP ….x ——————– y
SP…..a———————b
and y = 2x 8. A bookseller procures 40 books for Rs.
Profit = 10(a – x) = 3b 3200 and sells them at a profit equal to the
Loss = 10(y – b) = 4a selling price of 8 books. What is the selling
Profit% = (3b/10x)*100———–(1) price of one dozen books, if the price of
and Loss% = (4a/10y)*100———-(2) each book is same?
Again, A) Rs.1300
equating (1) & (2), we get B) Rs.1100
a/b = 3/2 C) Rs.800
D) Rs.1200
6. A person wants to reduce the trade tax so E) Rs.1000
he calculates his profit on the sale price
instead of on the cost price. In this way by
selling a article for Rs. 280 he calculates View Answer
his profit as 14(2/7)%. What is his actual
profit percentage ? Option D
A) 20.12% Solution:
B) 16.66% CP = Rs. 3200/40 = Rs.80
C) 15.66% Now SP of 40 books = CP of 40 books +
D) 22.21% SP of 8 books
E) 31.11% => SP of 32 books = 3200
SP of 1 book = Rs.100
Therefore,
View Answer Required SP of 1 dozen books = Rs. 1200

Option B
Solution: 9. A firm of readymade garments makes both
CP ————-SP men’sand women’s shirts. Its average profit
240…..(- 14 2/7)……280 is 6% of the sales. Its profit in men’s shirts
Actual profit% = (40/240)*100 = 16.66% average 8% of the sales and women’s shirts
comprise 60% of the output. What is the

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 10

 Daily Visit: [GOVERNMENTADDA.COM]

average profit per sales rupee in women’s price whereas Rajeev calculates his on the cost
shirts. price. They find that the difference of their
A) 0.1243 profits Rs.150. If the selling price of both the m
B) 0.5416 are the same and both of them get 50% profit.
C) 0.0466 Find their selling price.
D) 0.5247 A) Rs. 620
E) 0.2451 B) Rs. 900
C) Rs.870
D) Rs.750
View Answer E) Rs.550
Option C View Answer
Option B
Solution:
Women’s shirts comprise = 60% Solution:
Men’s shirts comprise =40% selling price = [Diff. * 100 * (100 + 50)]/(50)^2
Average profit from men’s shirts = 8% of = [150 * 100 * 150 ]/ 2500 = 900
40 = 3.2 out of 40 A trader has 600kgs of rice , a part of which
Overall average profit = 6 out of 100 he sells at 15% profit and the remaining quantity
Average profit from women’s shirts = 2.8 at 20% loss. On the whole , he incurs an overall
out of 60 i.e. 0.0466 out of each shirt. loss of 6% .What is the quantity of rice he sold
at 20% loss?
10. Of the two varieties of rice available, A) 300kg
variety A is bought at Rs.32 per kg and B) 410kg
variety B at Rs.80 per kg. Two varieties of C) 360kg
rice are mixed together in the respective D) 210kg
ratio of 8:5 and the mixture is sold at Rs.72 E) 500kg
per kg. What per cent of profit View Answer
approximately the seller receives ? Option C
A) 50% Solution:
B) 40% Quantity of rice sold at 20% loss = x kg (let)
C) 30% Quantity of rice sold at 15% gain = (600 – x )
D) 55% kg
E) 43% (600 – x) * (115/100) + (x*80)/100 = (600 *
94)/100
=> x = 12600/35 = 360 kg
View Answer
A camel and a cart together cost Rs.
Option E 5000.If by selling the camel at a profit of 10%
Solution: and the cart at a loss of 10% a total profit of
Let 8 kg of first variety of rice and 5 kg of 2.5% is made ,then what is the cost price of the
second variety is mixed. camel ?
CP of 13 kg of rice = (8*32 + 5*32) = Rs. A) Rs.4500
656 B) Rs. 3125
SP of 13 kg of rice = 72*13 = Rs.936 C) Rs. 3000
Profit = 936 – 656 = Rs.280 D) Rs.2100
Profit% = (280/656)*100 = 43% E) Rs.3800
View Answer
Option B
Solution:
Let the cp of the camel and the cart be x and
Raman calculates his profit % on the selling (8000-x) resp.
GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 11
 Daily Visit: [GOVERNMENTADDA.COM]

sp of camel = 1.1x B) Rs.2 loss

sp of cart = 0.9(5000-x) C) Rs.2 profit
Therefore , D) Rs.4 loss
1.1x * 0.9(5000 – x) = 5000 * 1.025 E) None of these
=> x = Rs. 3125 View Answer
Option B
If there is a loss of 40% when a good is sold Solution:
at (2/5)th of its earlier selling price. Find the Total CP = 30 *9.50 + 40 * 8.50 =625
profit% after selling the good at a certain price. Total SP = 8.9(30+40) =623
A) 24.15% Loss = Rs.2
B) 31.3%
C) 47% If a shopkeeper sell a TV at 15% profit and a
D 35% DVD at 12% loss then he earns Rs. 540 as total
E) 50% profit but if he sells the TV at 12% loss and the
View Answer DVD at 15% proft then there is no loss or
Option E profit.Find the price of the TV and the DVD ?
Solution: A) Rs.11,000 and Rs. 2000
CP = (2/3) of SP B) Rs.15,000 and Rs. 3000
SP = (100+P) / 100 of CP C) Rs.11,000 and Rs. 6000
Equating both the above equations, D) Rs.10,000 and Rs.8000
Profit = 50% E) Rs.17,000 and Rs. 4000
View Answer
There are two watches of cost Rs. 800. One is Option D
sold at a profit of 16% and the other at a loss of Solution:
8%. If there is no loss or no gain in the whole . TV ……………… DVD
transaction, the cost price of the watch on which CP—–500…………….400
the shopkeeper gains is? SP—–+15%………… -12%
A) Rs. 400 P = 75…………… L = -48
B) Rs.740 Total profit = 75 – 48 = Rs. 27
C) Rs.504 27 *20 = Rs. 540
D) Rs.450 CP of TV = 500 * 20 = Rs . 10,000
E) Rs.645 CP of DVD = 400 * 20 = Rs. 8000
View Answer
Option A A cloth merchant uses 120cm scale while
Solution: buying,instead a meter scale ,but uses an 80 cm
profit …………….loss scale while selling the same cloth. If he offers a
+16 …………….. -8 discount of 20% on cash payment. Find the
———–0 profit percent.
8……………16 A) 40%
1:2 B) 35%
Therefore , C) 20%
price of watch sold at profit = (1/2) * 800 = Rs. D) 15%
400 E) 30%
price of watch sold at loss = 2 * 800 = Rs. 1600 View Answer
Option C
Niel bought 30kg rice at the rate of Solution:
Rs.9.50/kg and 40kg of rice at the rate of Rs. After discount = (80 * 120)/100 = 96
8.50/kg and mixed them. She told the mixture at Profit = 96 – 80 = 16
the rate of Rs. 8.90/kg. Find the total profit or Therefore , Profit% = (16*100)/80 = 20%
loss in the whole transaction.
A) Rs.4 profit

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 12

 Daily Visit: [GOVERNMENTADDA.COM]

An article is marked 50% over its cost gain=1/3 3………………….4

price.Two successive discounts of 12% and 20%LOSS=
13(1/2)% are allowed on the marked price of the 1/5 5………………….4
article.Find the profit or loss percent after selling Make C.P same & we will get
at discount. 15………..20
A) 8% 15…………12
B) 10% 20-12 =8
C) 13% 8 =40
D) 14.18% 1 =5
E) 7.4% 15 =75
View Answer
Option D 2. The price of an article increase by 20% and
Solution: a man now get 10kg less, if he also reduce
Let the CP be Rs. 100 his consumption by 20%, then find how
SP = 150 * (88/100) * (86.5/100) = Rs. 114.18 much kg of article he used to purchase in
Therefore , normal price?
= (14.18/100)*100 =14.18% A) 15kg
B) 20kg
A trader marked his goods at such a price that C) 30kg
after allowing a discount of 12(1/2) % for cash D) 40kg
payment, he makes a profit of 20% . What is the
marked price of the good which costs Rs. 210 ? View Answer
A) Rs.300
Option C
B) Rs.210
Solution:
C) Rs.470 . 100
D) Rs. 288 80 120
E) Rs.200 120 -80 =40
View Answer 40/120 * T =10
Option D T = 30kg
Solution:
Required MP = [210 * (100+20)]/(100-12.5) = 3. A shopkeeper sell his goods at 25% loss
(210 *120)/87.5 = Rs. 288 but he uses false weight of 30%. Find the
loss or profit of shopkeeper in this whole
process?
A) 50/7% profit
1. If a person reduce his selling price of an
B) 50/3% profit
article by rs40 then the suggested profit of
C) 50/7% loss
33(1/3)% convert into loss of 20%. Find
D) 50/3% loss
the cost price?
A) Rs60 View Answer
B) Rs75
C) Rs100 Option A
D) Rs150 Solution:
. 1000
View Answer 700 750
750 – 700 = 50
Option B 50/700 *100 = 50/7% profit
Solution:
. C.P…………… 4. A shopkeeper sells an article at 25% profit.
…S.P Had he bought it for 10% loss and sold it
33(1/3)% for rs16 less, he would have earned 30%

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 13

 Daily Visit: [GOVERNMENTADDA.COM]

profit. What is the actual cost price? Option B

A) 100 Solution:
B) 150 first we find C.P of both
C) 175 20% gain = 1/5
D) 200 SP is 1200, so 1+5 = 6 = 1200. SO 5 =
1000
View Answer 25……………………………….50/3
….. 20
Option D 10/3…………………………..5
Solution: 2:3
let C.P = 100 2/5*1000 = 400
CP………………….SP
100……………….125 7. A sold an article to B at the profit of 25%,
At 10% loss B sold it to C at loss of 10% and C sold it
90………………….117…..125- 117= 8 to D at the profit of 20%. If D paid rs27,
. +30% profit then how much A paid to buy this article?
8 =16 A) Rs20
1 =2 B) Rs15
100 =200 C) Rs12
D) Rs9
5. A dishonest milkman sells milk at cost
price but he mixes water and earns View Answer
14(2/7)%. Find the ratio of mixture and
milk in the mixture? Option A
A) 7 : 1 Solution:
B) 7 : 8 125/100 * 90/100 * 120/100 * X = 27
C) 1 : 7 X = rs20
D) 8 : 7
8. A man buys some toffees at 5 toffee in
View Answer 3rupee and same number of toffee at 5
toffee in rs4. He sold all of them at 5 toffee
Option D in 4 rupee. Find his overall gain or loss
Solution: percent?
milk : water A) 16(2/3)%
100 14(2/7) B) 10%
7:1 C) 20%
Milk =7 D) 14(2/7)%
Mixture = 7+1 =8
Mixture : milk View Answer
8:7
Option D
6. A man sells his two articles at Rs1200. At Solution:
one he gains 25% and at another he gains . Rs………..Qty
16(2/3)%. Overall he gains 20%. Find the . 3………….5
cost price of first article? . 4………….5
A) 500 C.P Rs7 10toffees
B) 400 He sold at 5toffees in Rs4 so for 10toffees
C) 600 he gets Rs8
D) 700 C.P =Rs27………. S.P = Rs28
Profit % = 1/7 *100 = 14(2/7) %
View Answer

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 14

 Daily Visit: [GOVERNMENTADDA.COM]

9. By selling 144 hens Mahesh suffer a loss D) 15%

equal to the selling price of 6 hens. Find his E) 18%
loss percent?
A) 4%
B) 3% View Answer
C) 9%
D) 4(1/2)% Option A
Solution:
View Answer . MP…………SP
. 8……………. 7
Option A Gain – 5% = 1/20
Solution: CP………SP
loss = C.P – S.P 20……….21
S.P of 6 hen = C.P of 144 hens – S.P of 144 Make SP same.
hens CP…….SP……….MP
S.P of 150 hens = C.P of 144 hens 20……..21……….24
6/150 *100 = 4% loss MP – CP = 4
(4/20)*100= 20%
10. If a man wants to gain 33(1/3)% after
allowing a discount of 16(2/3)%. Then find 2. If 8kg of tea price costing Rs56/kg is
how much percent he has to increase his blended with 32kg of tea of Rs69/kg and
C.P to make M.P ? 25kg of Rs75/kg and the mixture is sold at
A) 33(1/3)% 20% profit. Find the selling price (in
B) 50% rupees) of mixture?
C) 60% A) 82.64
D) 66(2/3)% B) 83.64
C) 80
View Answer D) 85
E) 84.56
Option C
Solution:
gain 33(1/3)% =1/3 View Answer
C.P …………………..S.P
3…………………………4 Option B
Discount 16(2/3)% =1/6 Solution:
M.P…………………….S.P (8*56 + 32*69 + 25*75)/ 65 = 69.70
6………………………….5 (69.70/100) * 120 = 83.64
Now make S.P same and we will get..
C.P………….S.P……………M.P 3. If the price of an article increased by 25%
15……………20……………..24 and his expenditure increases by 15%, a
24-15 = 9 person gets 4kg less article. Find the
9/15 * 100 = 60% original quantity of article (in kg).
A) 50
B) 54
C) 45
1. A shopkeeper sold a T.V set for Rs17,940 D) 40
with a discount of 12.5% and Gained 5%. E) 48
If no discount is allowed then what will be
his gain percent?
A) 20% View Answer
B) 25%
C) 30%

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 15

 Daily Visit: [GOVERNMENTADDA.COM]

Option A CP…………SP
Solution: 20…………23
100 640……….736
. 115…………..125 M.P = 736+64 = 800
125 – 115 =10 Profit % = 160/640* 100 = 25%
10/125 * T = 4
T = 125 * 4/10 = 50 6. 6. A man gets a profit of 28% after
allowing discount of 11(1/9)%. Find how
much percent the cost price should be
4. An article is sold at 25% profit. Had it been increased to make this Mark Price?
sold at Rs30 less then there would have A) 40%
been a loss of 25%. What was the cost B) 45%
price (in Rupees)? C) 44%
A) 75 D) 46%
B) 45 E) 52%
C) 60
D) 90
E) 72 View Answer
Option C
View Answer Solution:
Gain – 28% CP………SP
Option C . 100………128
Solution: Discount 11(1/9)% = 1/9
Profit = 25% = 1/4 MP………..SP
CP………….SP 9…………….8
4………………5 Make SP same
Loss 25%= CP SP CP…………SP…………….MP
. 4…..3 100……….128……………144
In both SPs, difference = 5-3 = 2 MP – CP =44%
2=30
1=15 7. The sale price of an article including the
4=60 sales tax is Rs560. The rate of sales tax is
16(2/3)%. If the shopkeeper has made a
5. Even after reducing the marked price of a profit of 14(2/7)% then find the cost price
fan by Rs64, a shopkeeper makes a profit (in rupees)?
of 15%. If the cost price of fan is Rs640 A) 420
what percent of profit would have been B) 450
made if he had sold the fan at the market C) 500
price? D) 550
A) 20% E) 480
B) 25%
C) 30%
D) 40% View Answer
E) 34%
Option A
Solution:
View Answer Sales tax = 16(2/3)% = 1/6
After sales tax………………SP
Option B . 7………………………..6
Solution: Gain = 14(2/7)% = 1/7
Profit = 15% = 3/20. So CP………….SP

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 16

 Daily Visit: [GOVERNMENTADDA.COM]

7…………….8 D) 30%
Make SP same E) 55%
CP…………SP……….sales tax
21………….24………….28
420………………………560 View Answer

8. A horse and a cow were sold for Rs49,500 Option C

each. The horse was sold at a loss 10% and Solution:
cow at a gain of 10%. The entire (600-400)/400 *100 = 200/400 * 100=50%
transaction resulted in?
A) Profit of Rs1000
B) Loss of Rs1000
1. An article is sold at 33(1/3)% profit. If it
C) No loss, no gain
had been sold at a profit of 40%,it would
D) Profit of Rs2020
have fetched Rs50 more. Find cost price of
E) Loss of Rs2000
article?
A) 700
View Answer B) 750
C) 600
Option B D) 650
E) 720
9. A manufacturer of a certain item can sell
all items that he can produce at the selling
price of Rs50 each. It cost him Rs30 in View Answer
materials and labour to produce each item
and he has overhead expenses of Rs5000 Option B
per week in order to operate the plant. The Solution:
number of units he should produce and sell 1st 33(1/3)% profit so CP = 3, and SP =
in order to make a profit of at least Rs3000 3+1 = 4
per week? 2nd 40% = 2/5. So CP = 5, SP = 7
A) 370 Now CP is same so make CP same
B) 350 CP…….. SP
C) 400 15………..20
D) 450 15………….21
E) 430 20 to 21 is + 1, so 1= 50 [increase in SP]
So 15=750

View Answer 2. The percentage of loss when an article is

sold at Rs60 is same as that of profit, when
Option C it is sold at Rs80.
Solution: The above mention profit or loss on the
50x – (30x + 5000) = 3000 article is?
20x = 8000 A) 14(2/7) %
x = 400 B) 16(2/3)%
C) 20%
10. A shopkeeper sold his article at cost price D) 25%
but he uses false weight and gives 400gm E) 30%
instead of 600gm. Find his loss or profit
percent?
A) 62% View Answer
B) 40%
C) 50%

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 17

 Daily Visit: [GOVERNMENTADDA.COM]

Option A . 4:1
Solution: . 100 : 25% profit on selling milk on
CP = 60+ 80/2= 70 CP but he sold it 20% gain
Profit = 80-70=10 So: 25+20+ (25*20)/100= 50% total
Profit % = 10/70 * 100= 14(2/7)%
5. The price of coal is increased by 20%. By
3. A businessman sells a commodity at 10% what percent a family should decrease its
profit. If he had bought it 10% less and sold consumption so that expenditure remains
it for rs2 less, then he would have gained same?
16(2/3)%. What is the cost price of the A) 25%
commodity? B) 14(2/7)%
A) 32 C) 16(2/3)%
B) 48 D) 20%
C) 36 E) 13(1/3)%
D) 40
E) 30
View Answer

View Answer Option C

Solution:
Option B increased 20% = 1/5
Solution: Since there is increase, so decrease in
10% profit = 1/10. So CP = 10, SP = 10+1 consumption will be 1/(5+1) = 1/6 = 16
= 11 2/3%
Now make CP 10% less, CP becomes = 9, In there was decrease, so increase in
Now there is 16(2/3)% profit So SP consumption would have been 1/(5-1) = 1/4
becomes 21/2 = 25%
Original SP = 11, final = 21/2. Difference
is ½ 6. After selling 12 balls a man suffer a loss
So 1/2 == 2 [Rs 2 less] equal to cost price of 6 balls. Find loss
1 == 4 percent?
and 10 == 40 A) 100%
B) 50%
4. A dishonest shopkeeper sells milk at 20% C) 33(1/3)%
gain and also he add water in the ratio 4:1 D) 40%
in it. What is his total profit? E) 30%
A) 50%
B) 45%
C) 40% View Answer
D) 44%
E) 52% Option B
Solution:
loss = CP-SP
View Answer CP of 6 ball = CP of 12 ball – SP of 12 ball
SP of 12 ball = CP of 6 ball
Option A Loss % = 6/12*100= 50%
Solution:
In the case of milk & water. The milk
amount is consider as 100. Now during the 7. 7. A man bought a horse & a carriage for
comparison of water with milk, the water Rs60,000. He sold the horse at 15% profit
amount is taken as profit %. and the carriage at a loss of 6%. But still he
See here : M W gained of 1% on overall. The cost price of

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 18

 Daily Visit: [GOVERNMENTADDA.COM]

the horse was? View Answer

A) 18000
B) 22000 Option B
C) 25000 Solution:
D) 20000 profit % = 16(2/3)% = 1/6. So CP = 6, and
E) 15000 SP = 6+1 = 7
Discount = 25% = 1/4 So MP = 4, SP = 4-1
=3
View Answer Make S.P Same in both cases
C.P…. S.P…….. M.P
Option D 18……. 21……… 28
Solution: Difference between CP and MP is 10
Horse carriage So 10/18*100 = 55.55%
15% ………..-6
. +1 10. Nikita bought 30kg of wheat at the rate of
7……………… 14 9.50/kg of wheat and the same amount of
1:2 wheat at the rate of Rs8.50 per kg and
1/3*60000= 20000 mixed them. She sold the mixture at the
rate of Rs 8.90/kg. Find her total profit or
loss in the whole transaction?
8. A customer saves Rs400 at the rebate of A) Rs2 profit
20% on market price of an article. If the B) Rs6 loss
cost price of the article for shopkeeper is C) Rs2 loss
Rs1200.Then find the profit percent of D) Rs6 profit
shopkeeper? E) Rs4 loss
A) 33(1/3)%
B) 25%
C) 20% View Answer
D) 16(2/3)%
E) 30% Option B
Solution:
C.P = 30*9.50 + 30*8.5 = 540
View Answer S.P = 60 * 8.90 = 534
So loss of Rs 6.
Option A
Solution:
20% of M.P = 400
M.P = 2000 1. A trader bought two horses for Rs 39,000.
S.P = 1600 He sold one at a loss of 20% and another at
C.P= 1200 a profit of 15%. If the selling price of each
Profit % = 400/1200* 100= 33(1/3)% horse is same, then what are their cost price
respectively?
9. A trader wants to earn 16(2/3)% after A) Rs 20,000 and Rs 19,000
allowing a discount of 25%. Find by how B) Rs 23,000 and Rs 16,000
much % he has to increase his cost price to C) Rs 24,000 and Rs 15,000
make M.P? D) Rs 21,000 and Rs 18,000
A) 50% E) None of these
B) 55.55%
C) 40%
D) 55% View Answer
E) 46.55%

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 19

 Daily Visit: [GOVERNMENTADDA.COM]

Option B Option C
Solution: Solution:
. Horse 1 Horse 2 20% =1/5
CP 5*23=115 20*4=80 CP SP
SP 4*23=92 23*4=92 [to make 5 6
SP same] 5 6
CP= 115+80=195 = 39,000 5 6
=>1=200 =125 216
115=23000 *2=250 *2=432
80=16000 Ans=250

4. A dishonest dealer professes to sell his

2. The marked price of an article is 60% goods at 10% profit on Cost Price and also
above the cost price. When marked price is uses a false weight and gives 900 grams
increased by 30% and selling price is instead of 1 kg. Find his total gain.
increased by 20%, then the profit doubles. A) 11.11%
What is the original selling price if marked B) 22.22%
price is Rs 3200? C) 21.11%
A) Rs 2500 D) 21.1%
B) Rs 3000 E) 23.33%
C) Rs 2000
D) Rs 4160
E) Rs 5000 View Answer
Option B
View Answer Solution:
900 gms in place of 1000 gm
Option A So profit% is (1000-900)/900 * 100 =
Solution: 100/9 %
CP = 10, so MP = 16 10% Profit is on CP also
MP = 3200, so CP = 2000 So required profit% is
Now See from options 10 + 100/9 + 10*(100/9)/100 – successive
Pick A) 2500 formula
2500 – 2000 = 500 (profit)
If 20% of 2500 is increased, then We will 5. A man buys some toffees at 3 in Re. 1 and
get Rs 500 more, means the profit will get some at 3 in Rs 2 and sold them at 1 in Re.
doubled as before 1. Find his gain or loss %.
So A) is answer A) 200% loss
B) 200% profit
3. An article passes successfully in the hand C) 100% loss
of three traders. Each trader sold it further D) 100% profit
at a gain of 20% of the cost price. If the last E) 150 % profit
trader sold it for Rs 432 then what was the
cost price?
A) Rs 125 View Answer
B) Rs 256
C) Rs 250 Option D
D) Rs 432 Solution:
E) Rs 500 . Quantity Rupee
CP 3 1
CP 3 2
View Answer SP= 1 1 (*3 to make

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 20

 Daily Visit: [GOVERNMENTADDA.COM]

quantity equal) A) 15
hence Sp 3 3 B) 12
Total Cp of 6 toffee= 3 C) 20
Sp og 6 toffee=6 D) 16
hence %p=100% E) 13

6. A trader wants to increase his cost price in View Answer

such a way that after giving 25% discount
he earns 20%profit. Find how much percent Option B
he increases his Cost Price? Solution:
A) 60% Loss=25%=1/4 => CP:SP=4:3 ;SP=60
B) 45% hence CP=80
C) 50% Profit=25%=1/4 => CP:SP=4:5 ; CP=80
D) 40% hence SP=100
E) None of these for gaining 25% in Rs 100 item he has to
sell an item of Rs 80; In Rs 80 12 oranges.

View Answer 9. A person sold an article at 16 (2/3)% profit

on Selling Price. Afterwards when the cost
Option A price reduced by 10% then he also reduced
Solution: the selling price by 10%. His percentage of
discount=25% =1/4 profit on cost price will be?
MP: SP=4:3 A) 20%
Profit=20%=1/5 B) 21%
CP:SP= 5:6 C) 19%
make ratio equal D) 25%
MP:CP:SP=8:5:6 E) 26 %
=3/5*100=60%

7. On selling 15 balls at Rs 400 there is loss View Answer

equal to Cost Price of 5 balls. The cost
price of a ball is? Option A
A) 20 Solution:
B) 30 Profit on SP= 1/6
C) 40 SP:CP=6:5 multiply by 10 for easy
D) 50 calculation= 60:50
E) 60 60-6 : 50-5=54:45
=(54-45)/45*100=20%

View Answer 10. A shopkeeper allows 2% discount and

gives 1 article free on purchase of 6
Option C articles. He earns 40% profit during the
Solution: transaction. By what percent above the cost
loss= CP-SP price he marked his good.
CP of 5=CP of 15- SP of 15 A) 50%
CP of 10=SP of 15=400 B) 60%
CP of 1 =40 C) 42 (6/7)%
D) 66 (2/3)%
8. By selling 12 oranges for Rs 60 a man E) None of these
losses 25%. The number of oranges he has
to sell for Rs 100 so as to gain 25% is?

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 21

 Daily Visit: [GOVERNMENTADDA.COM]

View Answer SP = CP+P = 5+1 = 6……(1)

Discount% = 16 2/3% = 50/3% = 1/6
Option D (discount = 1, MP = 6)
Solution: Mp – discount = SP
Discount=2%=1/50 MP:SP=50:49 6 – 1 = 5…………(2)
Profit=40%=2/5=> CP:SP=5:7 Make SP equal in both equations (1) and
MP:SP:CP=50:49:35 (2)
This 35 is the CP of (6+1) hence the CP for Multiply (1) by 5 and (2) by 6
6 will be 30 so CP : SP : MP = 25 : 30 : 36
(50-30)/30*100= 66 (2/3)% So see CP and MP, required % = (36-
25)/25 * 100 = 44%

3. Three successive discounts of 20%, 25%

1. By selling 20 articles, a person gains CP of and 16 2/3% is equivalent to
5 articles. Find the profit% incurred by A) 50% profit
him. B) 56 2/3% profit
A) 33 1/3% C) 40% loss
B) 25% D) 125/3% loss
C) 20% E) 25/6% profit
D) 16 2/3%
E) None of these
View Answer

View Answer Option A

Solution:
Option B Use successive formula:
Solution: a + b + a*b/100
Profit = SP – CP So – 20 – 25 + 20*25/100 = -40%
CP of 5 articles = SP of 20 article – CP of Next: -40 – 50/3 + (50)(50/3)/100 = -50%
20 articles OR
So CP of 25 articles = SP of 20 articles 20% = 1/5 5 -> 4
Profit% = 5/20 * 100 = 25% 25% = 1/4 4 -> 3
16 2/3% = 1/6 6 -> 5
2. A person wants to sell his goods at 20%
profit after allowing a discount of 16 2/3%
on marked price. How much % above the
cost price should he mark his article?
A) 20%
B) 36 2/3%
C) 34 5/6%
D) 44%
E) 38%

View Answer
Option D
Solution:
Use formula:
MP = (100+p%)/(100-d%) * CP
OR
Profit%= 20% = 1/5 (profit = 1, CP = 5)

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 22

 Daily Visit: [GOVERNMENTADDA.COM]

Cancel out like this: View Answer

Option E
Solution:
A to B to C
A to B 10% loss, 10% = 1/0. So SP for A =
10-1 = 9
B to C 11.11% loss, 11.11% = 1/9, so SP
for B = 9-1 = 8
C to A 12.5% profit, 12.5% = 1/8, so SP for
C or CP for A = 1+8 = 9
A first sold to B at 9, and after he got from
C at 9, so no profit no loss

6. After selling an article at some price, a

trader gain 20% on the selling price. Find
his profit% on the cost price.
A) 50%
B) 33 1/3%
C) 16 2/3%
D) 25%
4. After selling a table worth Rs 12000 at E) 15 1/5%
20% loss, a trader buys a TV with the same
money. Next he sold the TV at 20% profit.
What is his profit/loss in the whole View Answer
transaction? Option D
A) Rs 480 loss Solution:
B) Rs 450 loss Profit = 20% on SP
C) Rs 480 gain 20% = 1/5, (1 – profit, 5 – SP)
D) No profit no loss CP = SP – Profit
E) Rs 420 gain 4=5–1
so profit% on CP = profit/CP *100 = 1/4 *
100 = 25%
View Answer
Option A 7. A man bought some toffees at the rate of 3
Solution: toffees per Re. and same number at the rate
12000 – 2400 (20% loss) = 9600 of 2 toffees per Re. He mixes them and
9600 + 1920 (20% profit on 9600) = 11520 sold 3 toffees for Rs 2. Find his
So 12000 – 11520 = 480 Rs loss profit/loss% in the whole transaction.
A) 20% loss
5. A sold a watch to B at 10% loss. B sold it B) 20% profit
to C at 11.11% loss and c again sold it to A C) 60% loss
at 12.5% profit. How much profit/loss % is D) 60% profit
incurred by A? E) None of these
A) 10% profit
B) 12% profit
C) 10% loss View Answer
D) 15% loss Option D
E) No profit no loss Solution:
Let he buys 6 toffees

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 23

 Daily Visit: [GOVERNMENTADDA.COM]

Case 1: 3 toffees per Re so 6 toffees for Rs Option C

2 Solution:
Case 2: 2 toffees per Re so 6 toffees for Rs Profit is 20%. So
3 1000 gm + 20% of 1000 gm = 1200 gm
Total CP of 12 toffees = 2+3 = 5 so CP of 1200 gm = SP of 800 gm
Now he sold at 3 for Rs 2. So 12 toffees for Sp profit% = (1200-800)/800 * 100 = 50%
Rs 8
Now CP = Rs 5, SP = Rs 8, so profit% = 10. A loss of 20% is made by selling an article.
3/5 * 100 = 60% profit Had it been sold for Rs 240 more, there
would have been a profit of 10%. What
8. A shopkeeper sold his articles at cost price. would be the selling price of the article if it
But he used false weights and gives 800 gm is sold at 25% profit?
instead of 1 kg. Find his profit%. A) Rs 950
A) 16 2/3% B) Rs 1020
B) 20% C) Rs 975
C) 10% D) Rs 1000
D) 33 1/3% E) Rs 1075
E) None of these

View Answer
View Answer
Option D
Option E Solution:
Solution: Loss = 20% = 1/5 (loss = 1, CP = 5)
CP of 1000 gm = SP of 800 gm CP – Loss = SP
So gain% = (1000-800)/800 * 100 = 25% 5 – 1 = 4……….(1)
Profit% = 10% = 1/10 (Profit = 1, CP = Rs
9. A trader sold his goods at 20% profit and 10)
along with this he used weights of 800 gm CP + P = SP
instead of 1 kg. Find his total profit%. 10 + 1 = 11 …….(2)
A) 40% Make CP same in both equations (1) and
B) 45% (2) by multiplying (1) by 2. SO
C) 50% 10 – 2 = 8
D) 55% And 10 + 1 = 11
E) 60% So first, SP was 8, now is 11
So (11-8) -> 240
3 -> 240
View Answer So 10 (CP) -> 240/3 * 10 = 800
So after 25% profit SP -> 1000

GovernmentAdda.com | IBPS SSC SBI RBI RRB FCI RAILWAYS 24