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### Question 1

The cost price of 165 items is same as the sale price of N items. If the profit is 32%, then what is N?

### Question 2

When an item is sold for Rs. 48000, a loss of 60% is incurred. What should be the sale price to earn a profit of 60%?

### Question 3

What should be the marked price of an item if a profit of 125% is to be made after allowing a discount of 25%?

### Question 4

A retailer makes a gain of 25% when he sells the first item for Rs. 875. But he suffers a loss of 30% when he sells the second item for Rs. 140. What is his combined loss or gain?

**A**

$12{7/9}$.

**B**

$13{7/9}$.

**C**

$14{7/9}$.

**D**

$11{7/9}$.

**Soln.**

**Ans: a**

The cost of the first item is 875 × $100/{100 + 25}$ which is Rs. 700. The cost of the second item is 140 × $100/{100 - 30}$ which is Rs. 200. The combined cost is 700 + 200 = Rs. 900. The combined sale is 875 + 140 = Rs. 1015. The profit percent is 100 × ${1015 - 900}/900$, which is $12{7/9}$%.

### Question 5

A retailer buys an item of marked price Rs. 2400 at a discount of 10%. What will be his profit percentage(approx.) when he sells it at the marked price?

**A**

11% (approx.).

**B**

21% (approx.).

**C**

6% (approx.).

**D**

16% (approx.).

**Soln.**

**Ans: a**

The discount is 10 % of 2400 = ${10 × 2400}/100$ = Rs. 240. The cost to the retailer is $2400 - 240$ = Rs. 2160. The discount that he gets from the wholesaler becomes his profit = Rs. 240. So Profit% = ${240 × 100}/2160$ = 11%(approx.).

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This Blog Post/Article "Profit and Loss Quiz Set 013" by Parveen (Hoven) is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Updated on 2019-08-18.