# Recent questions tagged profit-loss 1
Goods were bought for ₹ $600$ and sold the same day for ₹ $650.25$ at a credit of $9$ months and still there was a gain of $2\%$. The rate percent is: $\frac{19}{3}\%$ $\frac{25}{3}\%$ $8.1\%$ $\frac{470}{61}\%$
2
A man sells an article at a gain of $15\%$ Had he bought it at $10\%$ less and sold it for ₹ $4$ less, he would have gained $25\%$. The cost price of the article is : ₹ $140$ ₹ $150$ ₹ $160$ ₹ $180$
3
An agent buys a T.V set listed at $₹10,000$ and gets $10\%$ and $20\%$ successive discounts. He spends $10\%$ of his C.P. on transport. At what price(in rupees) should he sell the T.V. set to earn a profit of $10\%$? $8,692$ $8,702$ $8,712$ $8,722$
4
$A$ has to pay $₹220$ to $B$ after $1$ year. $B$ asks $A$ to pay $₹110$ in cash and defer the payment of $₹110$ for $2$ years. $A$ agrees to it. Counting, the rate of interest at $10\%$ per annum in this new mode of payment: There is no gain or loss to anyone $A$ gains $₹7.34$ $A$ loses $₹7.34$ $A$ gains $₹11$
5
By selling $45$ limes for Rs. $40,$ a woman loses $20\%.$ How many should she sell for Rs. $24$ to gain $20\%$ in the transaction? $16$ $18$ $20$ $22$
1 vote
6
The percentage profit earned by selling an article for Rs. $1,920$ is equal to the percentage loss incurred by selling the same article for Rs. $1,280$. At what price should the article be sold to make $25\%$ profit? Rs $2,000$ Rs $2,200$ Rs $2,400$ Data inadequate
7
If I sell a computer at $80\%$ of its marked price, I make a loss of $12\%$. What $\%$ profit will I make if the computer is sold at $95\%$ of its marked price ? $5\%$ profit $1\%$ loss $5.5\%$ profit $4.5\%$ profit
8
Which of the following statements is wrong ? Depreciation expense is the lowest for food industry Power and fuel expenses are $5$th largest item in the expenditure of diverifies industries. Electricity industry earns more of other income as a percentage of total income compared to other industries. Raw material cost is the largest item of expense in all industry sectors
9
If the ranking is based on Profit Before Tax in the descending order, subject to the condition that ‘other expense’ of all the industry sectors equals zero, then which of following statements is wrong? Rank of chemical industry does not change Rank of electricity industry declines Diversified industry rank changes from $3$rd to $4$th Rank of food industry changes from $5$th to $6$th
10
What is the total profit earned by company $G$ for items I and II together? $^{.} 78$ lakh $^{.}1.62$ crore $^{.}7.8$ crore $^{.}16.2$ lakh
11
The cost of production of both items together by company $E$ is equal to the total cost of production of both items together by which of the two companies? $C$ and $D$ $B$ and $G$ $A$ and $D$ $C$ and $F$
12
What is the total of the cost of production of item I by company $A$ and the cost of production of item II by company $B$ ?. $^{.}2.6$ crore $^{.}26$ lakh $^{.}3.35$ crore $^{.}33.65$ lakh
13
If profit is defined as the difference between the selling price and the average cost, and each bottle is solid for Rs $510$, what is the approximate percent profit earned by the firm? $5$% $10$% $15$% $17.5$%
14
1 vote
15
Instead of a metre scale, a cloth merchant uses a $120$ cm scale while buying, but uses an 80 cm scale while selling the same cloth. If he offers a discount of $20$ percent on cash payment, what is his overall percent profit? $20$% $25$% $40$% $15$%
1 vote
16
A watch dealer incurs an expense of Rs $150$ for producing every watch. He also incurs an additional expenditure of Rs. $30,000$, which is independent of the number of watches produced. If he is able to sell a watch during the season, he sells it for Rs. $250$. If he fails to do so, he ... in the season. then in the season he has made a profit of Rs. $90,000$ Rs. $75,000$ Rs. $45,000$ Rs. $60,000$
–1 vote
17
The cost of a diamond varies directly as the square of its weight. Once, this diamond broke into four pieces with weights in the ratio $1 : 2 : 3 : 4$. When the pieces were sold, the merchant got Rs. $70,000$ less. Find the original price of the diamond. Rs. $1.4$ lakh Rs. $2.0$ lakh Rs. $1.0$ lakh Rs. $2.1$ lakh
–1 vote
18
A salesman enters the quantity sold and the price into the computer. Both the numbers are two-digit numbers. Once, by mistake, both the numbers were entered with their digits interchanged. The total sales value remained the same, i.e. Rs. $1148$, but the inventory reduced by $54$. What is the actual quantity sold? 28 14 82 41
–1 vote
19
A salesman enters the quantity sold and the price into the computer. Both the numbers are two-digit numbers. Once, by mistake, both the numbers were entered with their digits interchanged. The total sales value remained the same, i.e. Rs. $1148$, but the inventory reduced by $54$. What is the actual price per piece? $82$ $28$ $56$ $14$
–1 vote
20
The price of a Maruti car rises by $30$% while the sales of the car came down by $20$%. What is the percent change in the total revenue? $–4$ $–2$ $+4$ $0$
–1 vote
21
I sold two watches for Rs. $300$ each, one at a loss of $10$% and the other at a profit of $10$%. What is the percent loss $(–)$ or the percent profit $(+)$ that resulted from the transaction? $(+) 10$ $(–) 1$ $(+) 1$ $0$
1 vote
22
23
After a discount of $11.11$%, a trader still makes a gain of $14.28$%. At how many percent above the cost price does he mark his goods? $28.56$% $35$% $22.22$% None of these