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Profit & Loss Worksheet-11

Profit & Loss Worksheet-11

 

  1. A fair price shopkeeper takes 10% profit on his goods. He lost 20% goods during theft. His loss percent is:

(a) 8                    (b) 10                  (c) 11                   (d) 12

 

  1. A sells a bicycle to B at a profit of 20%. B sells it to C at a profit of 25%. If C pays Rs. 225 for it, the cost price of the bicycle for A is:

(a) Rs. 110         (b) Rs. 120        (c) Rs. 125         (d) Rs. 150

 

  1. A bought a radio set and spent Rs. 110 on its repairs. He then sold it to B at 20% profit, B sold it to C at a loss of 10% and C sold it for Rs. 1188 at a profit of 10%. What is the amount for which A bought the radio set?

(a) Rs. 850        (b) Rs. 890        (c) Rs. 930        (d) Rs. 950

 

  1. A house worth Rs. 1,50,000 is sold by X to Y at 5% profit. Y sells the house back to X at 2% loss. Then, in the entire transaction:

(a) X loses Rs. 1350                     (b) X gains Rs. 3150

(c) X loses Rs. 4350                     (d) X gains Rs. 4350

 

  1. A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to a retailer at a profit of 20%. The retailer in turn sells them to a customer for Rs. 30.09, thereby earning a profit of 25%. The cost price for the manufacturer is:

(a) Rs. 15           (b) Rs. 16           (c) Rs. 17            (d) Rs. 18

 

  1. An article was sold for Rs. 144. If the percentage of profit was numerically equal to the cost price, the cost of the article was:

(a) Rs. 72           (b) Rs. 80          (c) Rs. 90           (d) Rs. 100

 

  1. Rahul purchased a scooter at th of its selling price and sold it at 12% more than its selling price. His gain is:

(a) 20%              (b)         (c) 30%              (d)

 

  1. A man buys an article for 10% less than its value and sells it for  10% more than its value. His gain or loss percent is:

(a) no profit, no loss                    (b) 20% profit

(c) less than 20% profit              (d) more than 20% profit

 

Answer Key:

(1)-d; (2)-d; (3)-b; (4)-b; (5)-c; (6)-b; (7)-b; (8)-d