Profit & Loss Worksheet-5
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A tradesman gives 4% discount on the marked price and gives 1 article free for buying every 15 articles and thus gains 35%. The marked price is above the cost price by:
(a) 20% (b) 39% (c) 40% (d) 50%
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A trader marked the selling price of an article at 10% above the cost price. At the time of selling, he allows certain discount and suffers a loss of 1%. He allowed a discount of:
(a) 9% (b) 10% (c) 10.5% (d) 11%
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A shopkeeper fixes the marked price of an item 35% above its cost price. The percentage of discount allowed to gain 8% is:
(a) 20% (b) 27% (c) 31% (d) 43%
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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%
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A product when sold with 10% rebate on the listed price gave a profit of Rs. 70. What was its cost price?
(a) Rs. 200 (b) Rs. 350
(c) Rs. 700 (d) Cannot be determined
(e) None of these
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The labelled price of a cupboard is Rs. 6500. The shopkeeper sold it by giving 5% discount on the labelled price and earned a profit of 15%. What approximately is the cost price of the cupboard?
(a) Rs. 5000 (b) Rs. 5350 (c) Rs. 5600 (d) Rs. 5800
(e) Rs. 6000
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Kunal bought a suitcase with 15% discount on the labelled price. He sold the suitcase for Rs. 2880 with 20% profit on the labelled price.. At what price did he buy the suitcase?
(a) Rs. 2040 (b) Rs. 2400 (c) Rs. 2604 (d) Rs. 2640
(e) None of these
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A shopkeeper sells a badminton racket, whose marked price is Rs. 30, at a discount of 15% and gives a shuttle cock costing Rs. 1.50 free with each racket. Even then he makes a profit of 20%. His cost price per racket is:
(a) Rs. 19.75 (b) Rs. 20 (c) Rs. 21 (d) Rs. 21.25
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If a commission of 10% is given on the written price of an article, the gain is 20%. If the commission- is increased to 20%, the gain is:
(a) 
(b) 
(c) 
(d) 
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A shopkeeper sold a T.V. set for Rs. 17,940 with a discount of 8% and earned a profit of 19.6%. What would have been the percentage of profit earned if no discount was offered?
(a) 24.8% (b) 25%
(c) 26.4% (d) Cannot be determined
(e) None of these
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A shopkeeper sells 25 articles at Rs. 45 per article after giving 10% discount and earns 50% profit. If the discount is not given, the profit gained is:
(a) 60% (b) 
(c) 66% (d) 
(e) None of these
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A shopkeeper sold sarees at Rs. 266 each after giving 5% discount on labelled price. Had he not given the discount, he would have earned a profit of 12% on the cost price. What was the cost price of each saree?
(a) Rs. 240 (b) Rs. 260 (c) Rs. 280 (d) Data inadequate
(e) None of these
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Even after reducing the marked price of a transistor by Rs. 32, a shopkeeper makes a profit of 15%. If the cost price be Rs. 320, what percentage of profit would he have made if he had sold the transistor at the marked price?
(a) 10% (b) 20% (c) 25% (d) None of these
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A shopkeeper sold an article offering a discount of 5% and earned a profit of 23.5%. What would have been the percentage of profit earned if no discount was offered?
(a) 24.5 (b) 28.5 (c) 30 (d) Data inadequate
(e) None of these
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Peter bought an item at 20% discount on its original price. He sold it with 40% increase on the price he bought it. The new sale price is by what percent more than the original price?
(a) 7.5 (b) 8 (c) 10 (d) 12
(e) None of these
Answer Key:
(1)-d; (2)-b; (3)-a; (4)-a; (5)-d; (6)-b; (7)-a; (8)-b; (9)-a; (10)-d; (11)-d; (12)-e; (13)-c; (14)-c; (15)-d
