Profit and Loss

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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

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14. By selling 12 toffees for a Taka, a man loses 20% .How many for a Taka should he sell to get a
gain of 20%?
A) 5 B)8 C)10 D) 15 E) None of these.
15. Some articles were bought at 6 for Tk 5 and sold at 5 for Tk 6.Gain percent is :
1
A) 30% B)33 % C)35% D) 44% E) None of these.
3

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?

A) 80 B)120 C)125 D) 150 E) 250

Tricky Maths (Profit and Loss)


1. A retailer sold an old cell phone at 20% loss.If the selling price were Tk 75 more,he could have
gained a profit of 10%.What was the cost price of the cell phone?
A) Tk180 B)Tk200 C) Tk220 D)Tk250 E) Tk300
2. If selling price is doubled, the profit triples. Find the profit percent?
A) 66 B)100 C) 105 D)120 E) None of these
3. A Shopkeeper lost 7.5% by selling an article.If he had bought it at 10% less and sold it for tk
31 more, he would have gained 20%.Find the cost price of the article?
A) 100 B) 50 C) 200 D)150 E)250
4. By selling an article at 80% of its marked price, a merchant makes a loss of 12%.What will be the
profit/ loss made by the merchant if he sells the article at 95% of its marked price?
A) 5% profit B) 1% loss C) 5.5% profit D) 4.5% profit E) None of these
5. For an article, if the discount is 30%, the profit is 40%.What is the profit if the discount is 40%?
A) 10% B)20% C) 25% D) 30% E) None of these
6. A Shopkeeper sold an article for Tk 450 at a discount of 10% on the labelled price. He would have
earned a profit of 25%, had there been no discount. What was the profit earned , in percentage, at the
discounted price? [IBA (DU)-MBA:54th intake;June -2015]
A) 10 B)10 C) 12.5 D) 20 E) None of these

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7. What will be the profit or loss if 5 mangoes are bought for Tk 4 and 4 mangoes are sold for Tk 5?
A) 45% B)48.5% C) 52.5% D) 56.25% E) None of these
8. A salesman usally makes 45% profit on every TV he sells. During a sae , he reduces his margin of
profit to 40% while his sales increased by 10%.What is the ratio of his new total profit to his usual
profit?
A) 1:1 B) 45:44 C) 8:9 D) 11:10 E) None of these
9. Price of a hammer is twice that of a screwdriver. If price of a hammer is raised by 5% and the price of
a screwdriver is decreased by 4%,how much more or less will it cost to buy 3 screwdriver and 3
hammers? [IBA (DU)-BBA,1998-1999]
A) 2% more B) 2% less C) 4%more D) 4%less E) None of these
10. During transportation,5% merchandise was stolen and another 5% was damaged. At what profit(in
percentage) should the goods be sold so as to make an overall profit of 20%? [IBA (DU)-BBA,1999-2000]
A) 22.25 B) 27.5 C) 30 D) 33.3 E) None of these
11. A seller of pen was asking for such price that would enable him to offer 10% discount and still make a
profit of 20% on cost. If the cost of a pen was Tk 30, What was his asking price? [IBA (DU)-BBA,1999-2000]
A) Tk32 B) TK36 C)Tk40 D) Tk42 E) None of these
12. The cost of 1dozen apples and 1 dozen mangoes is Tk 100 and Tk 120 respectively. If you spend
equal amounts of money to buy apples and mangoes and sell them both at Tk 110 per dozen, what
will be your approximate profit or loss? [IBA (DU)-BBA,2002-2003]
A) 2% profit B) 2% loss C) 0 D)1% profit E)1% loss.
1 1
13. You buy equal number of two types of Chocolate at the rate of Tk 9 and 11
respectively.If you now
sell them at the rate of Tk 1/10,What will be your profit/loss? [IBA (DU)-BBA,1996-1997]
A) 2% loss B) 2% Profit C) 0 D)1% loss E)1% Profit
14. X sells an item to Y at a profit of 28% on his cost and Y sells the same item to Z at a loss of 25% on
his cost .If Y has thus sold the item to Z at Tk 2 less than the cost of the item to X. What is the cost of
the item to X in Taka? [IBA (DU)-BBA,1994-1995]
A) 100 B) 50 C) 200 D)150 E)250
15. The percentage profit earned by selling an article for Tk 1920 is equal to the percentage loss incurred
by selling the same article for Tk 1280.At what price should the article be sold the article be sold to
make 25% profit?
A) 2000 B) 2200 C) 2400 D) Data inadequate E) None of these
16. On selling a chair at 7% loss and a table at 17% gain,a man gains Tk 296.If he sells the chair at 7%
gain and the table at 12% gain ,then he gains Tk 400.The actual price of the table is :
A) 1600 B) 1800 C) 2200 D) 2400 E)None of these

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]

A) 232 B) 260 C) 230 D) 330 E) None of these

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2. A trader purchased a box of apple at the rate of 90 taka per kg. It was found that ¼ of apples were
already rotten. What must be the selling price of the apples per kg(in taka)so that the trader does
not make any loss or profit? [IBA (DU)-BBA,2012-2013]
A) 96 B) 108 C) 112 D) 120 E) None of these
3. The manager of Agora purchased some tomatoes for Tk 45 per kg. Due to improper handling,
10% of the tomatoes, by weight,were ruined and discarded. At What price per kg should the
manager sell the remaining tomatoes if he wishes to make a profit of 12 percent on the cost of the
mangoes? [IBA (DU)-BBA,2004-2005]
A) 52 B) 54 C) 56 D) 58 E) None of these
4. If the price of a product is increased by 15%, then the seller would get Tk 450 more. If instead,the
price were increased by 10%,then how much more would he get? [IBA (DU)-BBA,2004-2005]
A) 150 B) 200 C) 300 D) 325 E) None of these
5. On selling 17 balls at Tk 720,there is a loss equal to the cost price of 5 balls. The cost price of a
ball is
A) 45 B) 50 C) 55 D) 60 E) None of these
6. If 5% more is gained by selling an article for tk 350 than by selling for tk 340,the cost of the
article is :
A) 50 B) 160 C) 200 D) 225 E) None of these
7. Mr. Alfred buys two lots of mangoes .The first lot costs him Tk 300 per dozen and the second Tk
500 per dozen. He sold all the mangoes at Tk 400 per dozen. Find his profit/loss percentage if he
spent the same amount of money on each of the lots?
2 2
A) 6 3% loss B)6 3 % profit C) 5%profit D) 7% loss E) None of these
8. A shop sold a pair of shoes for Tk 1800 and a pair of sandals for Tk 1350.It made a profit of 20%
on shoes and took a loss of 10% on sandals. What is the overall profit or loss of the shop?
A) 4% B)5% profit C) 6.67% D) 10% loss E) None of these
9. In making a radio set ,the cost of labor and materials are in the ratio of 3:2 .A manufacturer sells a
set for Tk 1500 to make a gain of 25% of the cost. What is the cost of the materials for the set?
A)Tk 720 B)Tk 600 C) TK 540 D)Tk 490 E) None of these
10. The profit earned by selling an article for Tk 900 is double the loss incurred when the same article
is sold for Tk 450.At what price should the article be sold to make 25% profit?
A) Tk 600 B) Tk 750 C) Tk 800 D) Data inadequate E)None of these.
11. By selling a chocolate for 25% less than the usual price,a man makes a profit of 50%.How much
is the cost price as a percentage of the selling price?
A) 25% B) 40% C) 50% D) 75% E) 80%
12. Shoan bought a whip listed at Tk 400.He was given 15% and 10% discounts respectively. How
much did he pay for the Whip?
A) 306 B)350 C) 360 D) 316 E)None of these.

Price and Quantity Relation (Inverse relation)


1. You can now purchase 5 more bananas with Tk 75 due to a reduction in price by 20%.Calculate
the current price of one dozen of Bananas? [IBA (DU)-BBA,1999-2000]
A) 24 B) 30 C) 32 D) 36 E) None of these

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2. A trader bought 48 tube lights and found that 8 of the tube lights were broken during
transportation. As a result his per unit cost was increased by Tk 24.What was the cost of each tube
light? [IBA (DU)-BBA,2002-2003]
A) 96 B) 108 C) 112 D) 120 E) None of these.
3. Due to reduction of 20% in the price of banana, 2 more bananas can be purchased for Tk 12.Find
the present price of one banana?
A) 1.5 B) 2.50 C) 3.00 D) 4.00 E) None of these.
4. A reduction of 21% in the price of Wheat enables a person of rice to buy 10.5 kg more for Tk
100.What is the reduced price per kg?
A) 2 B) 2.50 C) 2.30 D) 2.50 E) None of these
5. The price of rice is reduced by 2%.How many kilograms of rice can now be bought for the money
which was sufficient to buy 49 kg of rice earlier?
A) 48 Kg B) 49 kg C) 50Kg D) 51 Kg E) None of these.
6. Due to an increase of 30% in the price of eggs, 3 eggs less are available for Tk 7.80.The present
rate of eggs per dozen is
A) Tk 8.64 B) Tk 8.88 C)Tk 9.36 D)Tk 10.40 E) None of these

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.

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9. A money lender finds that an increase in the rate of interest from 4.25% to 5.75% per annum
increases his total income by TK 300 annually. His investment is
A) 10000 B) 12000 C) 15000 D) 20000 E) 25000

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

Tricky Maths (Interest)


1. The difference between the compound interest and simple interest on a certain amount of money
at 5% per annum for 2 years is Tk 15.Find the principal amount?
A) 4500 B)7500 C) 5000 D)6000 E) None of these
2. The compound interest at 10% per annum on a certain amount of money for two years is Tk
10.50.Then what is the principal amount in Taka?
A) 40 B)50 C) 75 D)100 E) None of these
3. A sum of taka 1550 is lent out in two parts ;one at 8% and another at 6%.If the total annual
income is taka 106,find the money lent at 6% rate?
A) 300 B)600 C) 900 D)1200 E) None of these

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4. A sum of money at compound interest amounts to thrice itself 3 years. In how many years will it
be 9 times itself?
A) 18 B) 12 C) 9 D)6 E) 10
5. At simple interest Tk 800 becomes Tk 920 in 3 years .If the rate of interest is increased by 3% ,
then the total amount becomes : [ IBA (JU)-BBA: 2015-2016]
A)Tk 998 B) Tk 990 C) Tk 192 D)Tk992 E) None of these
6. A sum of 5000 taka was taken as a loan. After 1 year the money grew to 5500 by compounding
annually. What was the rate of interest per annum?
A)5% B) 8% C) 10% D)12% E) None of these
7. A bank offered interest rates of 6% and 7% respectively. Mr X deposited a total amount of Tk
4000 in the bank and in one year his interest income was Tk 250.Find the investment in the bank
with 7% interest?
A) 3000 B)2000 C) 3500 D)2500 E) None of these
8. If the compound interest on a sum for 2 years at 12.5% per annum is Tk 510,the simple interest on
the same period of time is :
A) 400 B)480 C) 450 D)460 E) None of these
9. The least number of complete years in which a sum of money put out at 20% compound interest
will be more than doubled is:
A) 3 B)4 C) 5 D)6 E) None of these

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?

A) 8 years B) 12 years C) 16 years D) 20 years E) None of thes

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Tricky problems
1. The age of the father of two children is twice that of the elder one added to four times that of the
youngest one.If the arithmetic mean and product of the ages of the two children is 8 years and 48
years respectively,then what is the age of the father? [IBA (DU)-BBA:2010-2011]
A) 48 years B) 32 years C) 40 years D) 42 years E) None of these
2. Shabbir has a brother one fourth of his age and a sister two times of his age.If the combined age
of all three siblings is twenty more than thrice the age of the youngest ,how old is Shabbir;s
sister? [IBA (DU)-BBA:2009-2010]
A) 2 years B) 16 years C) 2.5 years D) 8 years E) None of these
3. Six years from now,Sumi;s age will be the square of her age six years ago.What is Sumi;s age?
[IBA (DU)-BBA:2001-2002]
A) 8 years B) 10 years C) 14 years D) 19 years E) None of these
4. After 30 years, Zaman will be four times as old as he is now. Find out his present age? [IBA
(DU)-BBA:1996-1997]
A) 10 years B) 11 years C) 7.5years D) 30 years E) None of these
5. Eight years ago Mr Karim was 1/3 the age he will be after 10 years. What is his age now? ? [IBA
(DU)-BBA:1994-1995]
A) 16 years B) 17 years C) 18 years D)19 years E) 20 years
6. Three years ago, Babu was two times as old as of Ashraf. Six years ago,Babu;s age was one half
of that of Sharif. If S represents Sharif;s current age. Which of the following represents Ashraf;s
current age? [IBA (DU)-MBA:June -2012]
𝑠 𝑆 4 𝑆 2𝑠
A) +3 B) + C) -3 D) -1 E) None of these
4 2 3 3 3
7. Age of the father is equal to the sum of ages of his three sons.If in 19 years,one third of father;s
age will be equal to one fifth the sum of the ages of the sons.What is the age of the father? [IBA
(DU)-MBA:June -2007-2008]
A) 28 years B) 38 years C) 48 years D) 58 years E) None of these
8. A person was asked to state his age in years.His reply was ,Take my age three years hence
,multiply it by 3 and then subtract three times my age three years ago and you will know how old
I am.’’
A) 18 years B) 20 years C) 24 years D) 32 years E) None of these
9. Q is as much younger than R as he is older than T. If the sum of the ages of R and T is 50 years,
what is definitely the difference between R and Q;s age?
A) 2 years B) 5 years C) 25 years D) Cannot be determined E) None of these

Exercise on Age problems


1. Jamal is now 7 times as old as Jashim. If 10 years from now, he will be 3 times as old as Jashim,
how old is Jamal now? [ IBA (DU)-MBA:June -2011]
A) 14 B) 21 C) 28 D)35 E) None of these
2. Mr.Shohrab is 4 times as old as his son. Four years hence,the sum of their ages will be 43 years.
The present age of the son is: [IBA (DU)-MBA:December -2011]
A) 5 years B) 7 years C) 8 years D) 10 years E) None of these

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3. Two years ago the average age of a family of 8 members was 18 years.After the addition of a boy
the average age of the family remains the same today.What is the age of the baby? [ IBA (JU)-
BBA: 2015-2016]
A) 5 years B) 7 years C) 8 years D) 10 years E) None of these
4. Five years ago father;s age was seven times of his son;s age. Ten years hence their ages will be in
the ratio of 5:2.Find their present ages? [ IBA (JU)-BBA: 2015-2016]
A) F=50,S=20 B) F=50,S=15 C) F=35,S=10 D) F=40,S=10 E) None of these
5. Lima is 6 years older than her sister Sharmin, and Jamal is 5 years older than Lima.If the total of
their ages is 41,how old is jamal? [IBA (DU)-BBA:2008-2009]
A) 8 B) 10 C) 14 D) 19 E) None of these
6. Anwar is 3 times as old as Babu.In 13 years, Anwar will be 1 year younger than twice Babu;s age
.How old is Anwar now? [ IBA (DU)-BBA: 2011-2012]
A) 24 B) 27 C) 33 D) 36 E) None of these

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