Profit and Loss
Profit and Loss
Profit and Loss
1. The ratio of the cost price and the selling price is 4:5.The profit percent is :
A. 10% B.20% C. 25% D. 30% E. None of these.
2. If the cost price of 12 pens is equal to the selling price of 8pens, the gain percent is ;
A. 25% B.33.33% C. 50% D. 66.67% E. None of these.
3. The ratio between the sale price and the cost price of an article is 7:5.What is the ratio between
the profit and the cost price of that article?
A. 2:7 B.5:2 C. 7:2 D. Data inadequate E. 2:5
4. The cost of two articles is in the ratio of 3:2.On Sale of the first , there is a loss of 40% and on
sale of the second; there is a gain of 30%.What is the overall percentage of loss? [IBA (DU)-
MBA:55th intake; December -2015]
A) 12% B)30% C) 40% D) 10% E). None of these.
5. A coat was sold for TK 75.The coat was sold for 150% of its cost price. How much did the coat
cost?
A) 25 B)50 C)75 D)100 E). None of these.
6. 10% loss on selling price is what percent loss on the cost price?
1 2
A) 9 % B)9 % C) 10% D) 11% E) None of these.
2 9
7. At what percent must an article be sold so that by selling at half that price, there may be a loss
of 30%?
A) 25% B)36% C)40% D) 42% E) None of these.
8. The cost price of 20 articles is the same as the selling price of X articles.If the profit is 25% , then
the value of X is :
A) 15 B)16 C)18 D) 25 E) None of these.
9. To make a high quality fertilizer, a seller mixes 26 kg of type of A fertilizer at TK 20 per kg with 30
kg of type B fertilizer at Tk 36 per kg and sells the mixture at Tk 30 per kg. What is her profit
percentage?
A) 10% B)12% C)5% D) 20% E) None of these.
10. By selling an article for Tk 72,a merchant incurs a loss of 10%.What should the selling
price(Taka) be if he should gain 5%?
A) 88 B)84 C)80 D) 78 E) None of these.
11. A man made a loss of 20% on his cost by selling a pen at taka 200.What should be his selling
price in taka if he wants to make a profit of 10% on cost? [IBA (DU)-BBA,1998-1999]
A) 250 B)275 C)300 D) 225 E) None of these.
12. An article was sold for Tk 144.If the percentage of profit was numerically equal to the cost price,
the cost of the article was:
A) Tk 72 B)Tk 80 C)Tk 90 D)Tk100 E) None of these.
13. A man sells two commodities for Tk 4000 each, neither losing nor gaining in the deal. If he sold
one community at a gain of 25% ,the other commodity is sold at a loss of :
2 2
A) 16 % B)18 %. C) 25% D) 20% E) None of these.
3 9
16. A trader mixes three varieties of groundnuts costing Tk 50, 20 and 30 per kg in the ratio 2:3:4 in
terms of weight, and sells the mixture at Tk 33 per kg . What percentage of profit does he make?
A) 8% B)9% C)10% D) Cannot be determined
E) None of these.
2
17. By selling an article at 5 of the marked price,there is a loss of 25%.The ratio of the ,marked price
and the cost price of the article is :
A) 2:5 B)5:2 C)8:15 D) 15:8 E) None of these.
18. A trader marked his goods at 20% above the cost price. He sold half the stock at the marked price,
one quarter at a discount of 20% on the marked price and the rest at a discount of 40% on the
marked price. His total gain is
A) 2% B)4.5% C)13.5% D) 15% E) None of these.
19. A Shopkeeper fixes the marked price of an item 35% above its cost price. The percentage of
discount allowed to gain 8%
A) 20% B)27% C)31% D) 43% E) None of these.
20. What was the original price of an item if a discount of 20% reduced the price to Tk 100?
Exercise
1. A Shopkeeper marks an article at such a price that after allowing a discount of 30% on the tag
price(including tax) he makes a profit of 40%.If the tag price of the article including tax is Tk
460,then the cost price of the article is [IBA (DU)-BBA,2009-2010]
Simple Interest
1. Jan borrowed $3,000 for 4 Years at 5% interest rate, how much interest is that?
A) 24 B) 30 C) 32 D) 36 E) None of these
2. In how many years taka 1800 will become taka 2250 if the simple interest rate is 5% per annum?
A) 3 B) 4 C) 5 D) 6 E) None of these
3. A moneylender charged Tk 25 as simple interest on a loan of Tk 150 for 1/6 years. What was the
rate of interest per annum?
A) 12 B) 50 C) 75 D) 25 E) 100
4. If simple interest on a certain sum of money is Tk 256 and the rate of interest per annum equals
the number of years, then the rate of interest is
A) 13% B) 14% C) 16% D) 18% E) None of these.
5. A sum of money amounts to Tk 9800 after 5 years and Tk 12005 after 8 years at the same rate of
simple interest. The rate of interest per annum is
A) 5% B) 8% C) 12% D) 15% E) None of these
6. Tk 75 is charged as a simple interest on a loan is taken for 3 years at an interest rate of 5% per
annum. What was the amount of loan in taka?
A) 225 B) 350 C) 475 D) 500 E) 550
7. Sami,one awesome money- monger,invested a certain some of money in a simple interest bond
whose value grew to Tk 300 at the end of 3 years and to Tk 400 at the end of another 5
years.What was the rate of interest in which he invested his sum? : [ IBA (DU)-BBA: 2010-2011]
A) 12% B) 12.5% C) 6.6% D) 8.33% E) None of these
8. A man deposited Tk 50000 at a certain interest for 1 yeat. After 1 year, he received Tk 55,280 as
both principal and interest after deduction of Tk 120 as government levy and 10% on interest as
government tax.What was the interest rate in percentage? [ IBA (DU)-MBA: 2007-2008]
A) 12 B) 12.5 C) 13 D) 15 E) None of these.
Compound Interest
1. Albert invested an amount of Tk 8000 in a fixed Scheme for 2 years at compound interest rate 5%
per year. How much amount will Albert get on maturity of the fixed deposit?
A) Tk 8600 B) Tk 8620 C) Tk 8800 D) Tk 8840 E) None of these
2. What will be the compound interest on a sum of Tk 25000 after 3 years at the rate of 12 per
annum?
A) Tk 9000.30 B) Tk 9720 C) Tk 10483.30 D) Tk 10123.20 E) None of these
3. Laboni bought a 1 year Tk 10000 certificate of deposit that paid interest at an annual rate of 8
percent compounded annually. What was the total amount of interest paid on his certificate at
maturity?
A) Tk 1464 B) Tk 864 C) Tk 816 D) Tk 800 E) 480
4. How much interest will Tk 2000 earn at an annual rate of 10% in one year if interest is
compounded every 6 months?
A) Tk 200 B) Tk 205 C) Tk 220 D) Tk 225 E) 250
5. A sum of Tk 12000 deposited at compound interest becomes double after 5 years. After 20
years,it will become :
A) Tk 9600 B) Tk 120000 C) Tk 124000 D) Tk 192000 E) None of these
6. If a sum on compound interest becomes three times in 4 years ,then with the same interest rate
,the sum will becomes 27 times in :
A) 8 years B) 12 years C) 24 years D) 36 years E) None of these
7. Alex deposited X dollars into a new account that earned 8 percent annual interest , compounded
annually. One year later Alex deposited an additional X dollars into the account.If there were no
other transactions and if the account contained W dollars at the end of two years, Which of the
following expresses X in terms of W?
𝑊 𝑊 𝑤 𝑊 𝑊
A) 1+1.08 B) 1.08 +1.16 C) 1.16+1.24 D)(1.08+1.08)^2 E) 1.08)^2+(1.08)^3
Problems on Ages
1. At present, the ratio between the ages of Arun and Deepak is 4:3.After 6 years, Arun;s age will be
26 years. What is the age of Deepak at present?
A) 12 years B) 15 years C) 19 ½ years D) 21 years E) None of these
2. Present ages of X and Y are in the ratio 5:6 respectively. Seven years hence this ratio become 6:7
respectively. What is X;s present age in years?
A) 35 B) 42 C) 49 D) Cannot be determined E) None of these
3. The average age of husband,wife and their child is 30 years and that of wife and the child 5 years
ago was 20 years. The present age of the husband is
A) 35 years B) 40 years C)45 years D) 50 years E) 55 years
4. At present,father;s age is 4 times more than that of his son.6 years ago father;s age was 10 times
more than that of his son.What is their present age?
A) 56 and 14 years B) 36 and 9 years C) 32 and 8 years D) 40 and 10 years E) None of these
5. A father is four times older than his son.However,20 years later, he will be only twice as old as
his son.What is the father;s present age?
A) 10 years B) 24 years C) 26 years D) 40 years E) 42 years.
6. Hamed is 7 years older than his brother Shaquib,who is twice as old as their younger sister
Lopa.If Lopa is 15 years younger than Hameed,then how old is Shaquib?