Profit & Loss

Profit & Loss Worksheet-4

1. The difference between a discount of 35% and two successive discounts of 20% on a certain bill was Rs. 22. Find the amount of the bill.

(a) Rs. 200        (b) Rs. 1100      (c) Rs. 2200      (d) Data inadequate

(e) None of these

2. Two shopkeepers announce the same price of Rs. 700 for a sewing machine. The  first offers successive discounts of 30% and 6% while the second offers successive discounts of 20% and 16%. The shopkeeper that offers better discount, charges less than the other shopkeeper.

(a) Rs. 9.80       (b) Rs.  16.80    (c) Rs. 22.40     (d) Rs. 36.40

Profit & Loss Worksheet-5

1. 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%

2. 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%

Profit & Loss Worksheet-6

1. Tarun got 30% concession on the labelled price of an article and sold it for Rs. 8750 with 25% profit on the price he bought. What was the labelled price?

(a) Rs. 10,000  (b) Rs. 12,000  (c) Rs. 16,000  (d) Data inadequate

(e) None of these

2. I gain 70 paise on Rs. 70. My gain percent is :

(a) 0.1%             (b) 1%                 (c) 7%                 (d) 10%

3. In terms of percentage profit, which is the best transaction?

(a) 36 C.P (in Rs.), 17 Profit (in Rs.)

(b) 50 C.P (in Rs.), 24 Profit (in Rs.)