Practice Test

Q1) Find the profit or loss percentage when a shopkeeper makes his goods 20% above the cost price and then allows a discount of 20% on the marked price? Show Answer

Q2) A shopkeeper sold an article at a loss of 8%. Had he sold it for Rs.540 more, he would have made a profit of 10%. Find the cost price of the article? Show Answer

Q3) During a special sale, the shop assistant was supposed to reduce the marked price of each article by 15%. For a particular item, he had made a mistake and increased the marked price by 15%. Consequently for that item, the customer had to pay Rs.540 more than what he would have paid if the price was correctly reduced by 15%. What was the price paid by the customer? Show Answer

Q4) A trader gives a discount of 10% on the marked price and in the process still makes a profit of 20% on his cost price. By what percentage did he mark the product over his cost price? Show Answer

Q5) If a selling price of Rs.2,500 results in a 20% discount off the marked price, then the selling price that would result in a 40% discount off the marked price (in Rs.) will be equal to: Show Answer

Q6) A businessman buys two different kinds of rice which cost him Rs. 30 per kg and Rs.42 per kg. He mixes them in the ratio 3:2 and sells the mixture at the rate Rs. 38 per kg. find the profit or loss percentage (approximately)? Show Answer

Q7) Amit sold a bike to Sumit at 20% profit. Sumit spent Rs.1,000 to get it painted and sold it to Rohit at 10% profit. If Rohit paid Rs. 15,000 to Sumit for the bike, how much did Amit pay for the bike? Show Answer

Q8) A shopkeeper sells 150 bags for Rs.7500. By doing so, he gains the cost of 250 bags. Find his percentage gain. Show Answer

Q9) When a plot is sold for Rs.18,700, the owner loses 15%. At what price mist that plot be sold in order to gain 15%? Show Answer

Q10) At Vijay stores there are some good offers on the purchase of a laptop.
Offer 1: Purchase a laptop for Rs.35,000 and get a discount of 30%
Offer 2: Purchase a laptop for Rs.35,000 and get successive discounts of 20% and 10%
Which offer is better for the customer?
Show Answer

Q11) A student bought 20 chocolates for one rupee. How many should he sell for Rs.3 to earn a 20% profit? Show Answer

Q12) Two plots in Bandra were sold for Rs.1 crore each. The first plot in Pali Hill was sold at a gain of 12% and the second one at Bandra Reclamation was sold at a loss of 12%. Find the total loss or profit percentage? Show Answer

Q13) A milkman adulterates milk by adding water. One day he mixed an amount of water equal to 20% of the milk content. He was not happy with the outcome and added some water and increased the volume by 10%. If pure milk costs him Rs.20 per litre, then what is the profit percentage he now makes if he sells the final milk solution Rs.22 per litre? Show Answer

Q14) The marked price of a gift article is Rs.2750. The shopkeeper allows successive discounts of 10%, 5% and 4%. The selling price of the article is: Show Answer

Q15) A trader gets profit of 25% on an article. If he buys, the article at 10% less and sells it for Rs.2 less, he still gets 25% profit. Find the actual CP of the article. Show Answer

Q16) A man buys 6 dozen eggs for Rs.10.80 and 12 eggs are found rotten and the rest are sold at 5 eggs per rupee. Find his percentage gain or loss. Show Answer

Q17) By selling 25 pens, a shopkeeper gains the selling price of 5 pens. Find his gains % ? Show Answer

Q18) A man sold two pens at Rs. 20 each. He sold one at a loss of 10% and the other at a gain of 10%. His gain or loss percent is : Show Answer

Q19) A : The total savings on 20 gallons of gasoline purchased for $1.169 per gallon instead of $1.259 per gallon.
B : $1.80 Show Answer

Q20) Mohan purchased a book for Rs. 591.60 after getting a discount of 40% on it. What is its printed price ? Show Answer

Q21) The cost price and selling price of an article are Rs.20 and Rs.25 respectively. Find the percentage of profit in this business. Show Answer

Q22) A bookseller sold his book allowing 30% discount for RS. 1190. What was the marked price of these books ? Show Answer

Q23) A shopkeeper declared that a discount of 10% will be given on marked price of an article. If he did not give any discount he might gained 25% profit. What percentage of profit actually earned ?
Show Answer

Q24) If the cost price of 6 articles is the same as the selling price of 5 articles, the profit will be. Show Answer

Q25) If the C.P of 10 articles is equal to the selling price of 8 articles, find the gain or loss percent. Show Answer

Q26) A man bought 7 oranges for a rupee and sold them at a profit % of 40%. How many oranges for a rupee did he sold ? Show Answer

Q27) I lost 20% by selling a watch for Rs. 64. What percent shall I gain or lose by selling it for Rs. 100 ? Show Answer

Q28) A man buys two pens at Rs. 20 each. He sells one at a gain of 5% and other at a loss od 5%. Find his gain or loss % Show Answer

Q29) A merchant made a profit of $2.75 on the sale price of a sweater that cost the merchant $12.25.
A : The profit expressed as a percent of the cost to the merchant
B : The profit expressed as a percent of Sale price. Show Answer

Q30) A student can purchase a research report for $5.00 reproduce the x pages of the report at a cost of $0.15 per page.
A : The greatest possible value of x if the cost of reproducing the x pages is less than the cost of purchasing the report.
B : 34
Show Answer

Q31) Lalit purchased a book after getting 30% discount on its printed price, for Rs. 63. What was the printed price of that book ? Show Answer

Q32) Parylal purchased 25kg rice at the rate of Rs. 16 per kg and 30 kg rice at the rate of Rs. 18 per kg. He mixed both the rice and sold at the rate of Rs. 20/- per kg. Find his percentage of profit ( nearest to the integer . Show Answer

Q33) A dealer makes his articles 30% above cost price. He gives a discount 6(1/4)% on the marked price. Find the gain percent. Show Answer

Q34) Anupriya purchased a microwave with 40% discount on printed price. If she sold it with 5% profit what will be her percentage of profit ?
Show Answer

Q35) An article is sold for Rs. 60 at a gain of 25%, what is the cost price of the article ? Show Answer

Q36) A man buys 5 apples for Rs. 4 and sold each for Rs. 2. Find the profit % ? Show Answer

Q37) A dishonest dealer professes to sell his goods at cost price, bit uses a weight of 900 grams for a kilogram. Find his real gain percent ? Show Answer

Q38) P sold a car to Q at a profit of 40%, Q sold it to R at a profit of 60% and R sold it at a loss of 50%. If R received $1200 more than the cost of car (as paid by P), find the cost of the car ? Show Answer

Q39) At noon today Ann, Betty, Cathy and Dot has exactly $1 a piece. Then during next five minutes, Ann gave $1 to Betty who gave $2 to Cathy who gave $3 to Dot. None of them gave or received and other money.
A : The amount of money Betty had left at five minutes past noon today.
B : The amount of money Cathy had left at five minutes past noon today. Show Answer

Q40) A shopkeeper gave 8% discount on a printed price of a T.V and he got a profit of 25%. If the printed price of T.V was Rs. 20000, what was its cost price ? Show Answer

Q41) Babubhai purchased 40kg sugar at the rate of Rs. 12 per kg and 30kg sugar at the rate of Rs. 14 per kg. He mixed these two sugars and sold at the rate of Rs. 15 per kg. What is his percentage of profit ? (Calculate to the nearest integer ) Show Answer

Q42) Manisha purchased a machinery of marked price of Rs. 65125 with a discount of 8%. On the selling price 1% service charge and then 5% percent sales tax is charged. What amount Manisha paid to the shopkeeper ? Show Answer

Q43) A company gives rent for office buliding Rs. 25,000 per month to its owner. If the company gives rent of a year in advance then the owner will give 5% discount in rent. Which of the following amount rent will the company give after discount to the owner. Show Answer

Q44) The owner of a Gift shop charges his customer 28% more than the cost price. If a customer paid Rs.1,408/- for some Soft toys, then what was the cost price of those Soft toy ? Show Answer

Q45) A milkman sells 120 liters of milk for Rs. 3,360/- and he sells 240 liters of milk for Rs. 6,120/-. How much concession does the trader give per liter of milk, when he sells 240 liters of milk ? Show Answer

Q46) A and B started a business investing amounts of Rs.1,50,000/- and Rs. 2,50,000/- respectively. What will be B's share in the profit of Rs. 1,60,000/- ? Show Answer

Q47) Vandana sells an articles for Rs. 3,240/- and earns a profit of 20% What is the cost price of the articles ? Show Answer

Q48) A TV set when sold for Rs. 16,756/- the profit earned is 18%. What is the cost price of the TV set ? Show Answer

Q49) A DVD player was purchased for Rs. 4,860/-. At what price should it be sold so that 25% profit earned ? Show Answer

Q50) Vishal sold an article for Rs.1,840/- and made 15 percent profit on the discounted price he bought. If the discount was 20 percent, what was the orginal price ? Show Answer

Q51) An article of cost price Rs. 1650 is sold at the gain of Rs. 210. What is selling price of this article ? Show Answer

Q52) On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is: Show Answer

Q53) A trader mixes 26 Kg of rice at Rs. 20 per Kg with 30 Kg of rice of another variety at Rs. 36 per Kg and sells the mixtures at Rs.30 per kg. His profit percent is : Show Answer

Q54) 100 oranges are bought at the rates of Rs. 350 and sold at the rates of Rs. 48 per dozens. The percentage of profit or loss is: Show Answer

Q55) When a plot is sold for Rs. 18,700 the owner loses 15%. At what price must that plot be sold in order to gain 15%? Show Answer

Q56) The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage of loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit Show Answer

Q57) By what percent must the cost of an item be marked up so that even after a discount of 20%, the same amount is realized as before the discount? Show Answer

Q58) A man saved Rs.290 when two successive discounts of 10% and 5% were given on a microwave oven. What was the marked price of the microwave oven? Show Answer

Q59) Ramesh and Suresh are two shopkeepers. On a plasma TV which has a marked price of Rs. 20,000, Ramesh offers two successive discount of 20% and 5% respectively. and Suresh offers 15% and 10% respectively. What is the difference between the discounts offered by Ramesh and Suresh? Show Answer

Q60) Raju makes a profits of 8% when he offers two successive discounts of 10% on a particular product. If the total discount offered is Rs. 190, find the cost price of the product. Show Answer

Q61) A sells an article to B for Rs.1,100 at a 10% profit and B sells it back to A at a 10% loss. What is the overall gain or loss for A in the entire transaction? Show Answer

Q62) In a certain deal Virat enterprises got 20% margin on the selling price of land. If the cost price of the land is Rs. 1,000 per square foot, what is its selling price per square foot? Show Answer

Q63) Ramesh calculates the profit percentage on the selling price instead on the cost price and obtains the profit percentage as 50%. What is the actual profit percentage? Show Answer

Q64) If we increase CP by 20% and keep the SP same, the profits percentage decrease by 25 percentage points. Find the original profits percentage. Show Answer

Q65) Rajat used to buy wheat at Rs. 10 per kg and sell it ay a 20% profit. But, in this month, Rajat had to buy the wheat at Rs. 11 per kg and sell it at the original selling price. Find the new profit percentage. Show Answer

Q66) How many units should Mr. David produce daily? Show Answer

Q67) What is the maximum daily profit, in rupees, that, Mr. David can realize from his business? Show Answer

Q68) Mayank, Mirza, Little and Jaspal bought a motorbike for $60,000. Mayank paid one half of the sum of the amounts paid by the other boys, Mirza paid one third of the sum of the amounts paid by the other boys; and Little paid one fourth of the sum of the amounts paid by the other boys. How much did Jaspal has to pay ? Show Answer

Q69) What is the maximum current gain possible? Show Answer

Q70) If the USA dollar becomes cheap by 12% over its original cost and the cost of German mark increased by 20%, what will be the gain ? (The selling price is not altered) Show Answer

Q71) After allowing 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 on his goods? Show Answer

Q72) A dealer buys dry fruits at Rs.100, Rs.80 and Rs.60 per kilogram. He mixes them in the ratio 3 : 4 : 5 by weight and sells at a profit of 50%. At what price per kilogram does he sell the dry fruit? Show Answer

Q73) If he is able to sell only 1200 out of 1500 watches he has made in the season, then he has made a profit of Show Answer

Q74) If he produces 1500 watches, what is the number of watches that he must sell during the season in order to breakeven, given that he is able to sell the watches produced? Show Answer

Q75) Instead of a meter 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% on cash payment, what is his overall profit percentage? Show Answer

Q76) I sold two watches for Rs. 300 each, one at the lost of 10% and the other at the profit of 10%. What is the percentage of loss (-) or profit (+) that resulted from the transaction? Show Answer

Q77) The cost of 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. Show Answer

Q78) A stockist wants to make some profit by selling sugar. He contemplates about various methods. Which of the following would maximize his profit?
I. Sell sugar at 10% profit.
II.Use 900 g of weight instead of 1 kg.
III. Mix 10% impurities in sugar and selling at cost price.
IV. Increase the price by 5% and reduce weight by 5%. Show Answer

Q79) A dealer offers a cash discount of 20% and still makes a profit of 20%, when he further allows 16 articles to a dozen to a particularly sticky bargainer. How much percent above the cost price were his wares listed? Show Answer

Q80) Two oranges, three bananas and four apples Cost Rs 15. Three oranges, two bananas and one apple cost Rs.10. I bought 3 orange, 3 bananas and 3 apples. How much did I pay? Show Answer

Q81) A man buys a toy for Rs. 50 and sells it for Rs. 60. Find its % gain ? Show Answer

Q82) A man buys a cup for Rs. 60 and sells it for Rs. 48. Find % loss. Show Answer

Q83) A man purchases an article for Rs. 1800 and sells it at the gain of 20%. Find the selling price. Show Answer

Q84) A seller purchases a watch on Rs. 1800 and sells it at the gain of 20%. Again customer return it at 10% loss. What is the % profit or loss. Show Answer

Q85) A seller sells an article at the loss of 10% and again customer returns it at the loss of 10%. What is the % profit or loss for seller. Show Answer

Q86) CP of 18 oranges is equal to SP of 20 oranges. Find the % profit or loss. Show Answer

Q87) On selling 12 oranges seller gain equal to the SP of 3 oranges. Find the % profit. Show Answer

Q88) Deepak purchases a bike for Rs.7200 and spends Rs. 300 on its repair. If he sells bike for Rs. 9000. Find his % gain. Show Answer

Q89) If a CP of an article is increased by 10% and then increased by 20%. Find the net effect on the CP. Show Answer

Q90) If A sells an article to B at the gain of 10% and B sells to C at the loss of 10%. Find the net % effect on this transaction. Show Answer

Q91) If the side of the square increased by 12%. Find the % change in its area. Show Answer

Q92) If books bought at prices ranging from Rs. 100 to Rs 250 are sold at prices ranging from Rs. 200 to Rs. 400. What is the greatest possible profit that might be made in selling nine books? Show Answer

Q93) Suresh purchases a pressure cooker18/20 of its SP. And sold it 10% more than its selling price then calculate his gain. Show Answer

Q94) If the CP of article is 90% of its SP then SP of that article is what % of CP ? Show Answer

Q95) If the CP of an article is 30% less than its SP than SP is what % more than its CP ? Show Answer

Q96) By selling a pen for Rs. 26 a man losses 1/14 of costs him then what it the CP ? Show Answer

Q97) If CP of an article is 80% more than its SP then SP of the article is what % less than its CP? Show Answer

Q98) If the SP of an article is 8/7 times of its CP then calculate profit or loss % . Show Answer

Q99) The ratio of SP and CP is 26:25 the profit % is ? Show Answer

Q100) If CP of 45 articles is equal to SP of 25 article then calculate % profit or loss. Show Answer

Q101) Some articles were bought.6 for Rs. 15 and sold 12 for Rs. 12. Find % loss. Show Answer

Q102) A man purchase a box full of pencils at the rate of 9 for Rs. 12 and sold all at the rate of 10 for Rs. 14 in this transactions, he gained Rs. 15.How many pencils did the box contain? Show Answer

Q103) A man bought a no. of clips at 6 for a rupee and an equal no. at 4 for a rupee. At what price per dozen should he sell them to make a profit of 40%? Show Answer

Q104) Commodity sold for Rs. 3510 there is loss of 35% then calculates CP of commodity. Show Answer

Q105) By selling an article Rahul earn a profit of 2/8 of CP. If SP of this article is 750 then calculate CP of that article. Show Answer

Q106) If profit earned by selling an article for Rs. 2130 is 26% more than the loss incurred by selling the article for Rs. 1000. At what price should the article be sold to earn 25% profit ? Show Answer

Q107) The CP of 30 articles is equal to the SP of Y articles. If the profit is 20% What is the value of Y? Show Answer

Q108) If on selling 32 notebooks a seller makes a profit equal to SP of 8 notebooks. What is % profit ? Show Answer

Q109) Karan purchase an item for Rs. 5200 and sold it at loss of 20% with the amount he purchase another item and sold at the gain of 30% then calculate his overall gain or loss. Show Answer

Q110) The cost of 8 books and 24 pens is 720.Then what will be the cost of 16 book and 48 pens ? Show Answer

Q111) A man gain 60% on selling an item for a certain price. If he sells it at double then % profit will be. Show Answer

Q112) The profit earned by selling an article for Rs. 1200 is double the loss incurred when the same article sold for Rs. 600.At what price should the article be sold to make 20% profit ? Show Answer

Q113) A shopkeeper sells a transistor for Rs. 1080at the gain of 20% and another for Rs. 2024 at the loss of 8% then calculate its overall % gain or loss. Show Answer

Q114) A dishonest shopkeeper sell goods at his cost price but usage the weight of 800 gm for a kg. Then calculate his % gain. Show Answer

Q115) Rohit got 30kg of rice at the rate of Rs. 4 per kg and 90 kg of rice at the rate of Rs. 7 per kg he sold the mixture to gain 20% at what price per kg he sold the mixture ? Show Answer

Q116) Manoj sold an articleof MRP Rs. 15000. Had he offered a discount of 10% on the MRP, he would have earned a profit of 8% . What is the cost price? Show Answer

Q117) The cost of 8 pens and 4 pencils is Rs. 176 and 2 pens and 2 pencils is Rs. 48. What is the cost price of one pen ? Show Answer

Q118) A shopkeeper sells 200 meter of cloth for Rs. 9,000 at a profit of Rs. 5 per meter. What is cost price of 1 meter of cloth ? Show Answer

Q119) The owner of a furniture shop charges his customers 12% more than the cost price. If a customer paid Rs. 14,056 for a dining table, what is the cost price of the dining table ? Show Answer

Q120) The profit earned after selling a wristwatch for Rs. 5,765 is the same as the loss incurred after selling the wristwatch for Rs. 4,315.What is the cost price of the wristwatch ? Show Answer

Q121) The profit earned after selling an article for Rs. 1,516 is the same as the loss incurred after selling the article for Rs. 1,112. What is the cost price of the article ? Show Answer

Q122) Rajni purchased a mobile phone and a refrigerator for Rs. 12,000 and 10,000 respectively. She sold the refrigerator at a loss of 12 percent and mobile phone at a profit of 8 percent. What is her overall loss/profit? Show Answer

Q123) Naresh purchased a TV set for Rs. 11,250 after getting discount of 10% on the labeled price. He spent Rs. 150 on transport and Rs. 800 on installation. At what price should it be sold so that the profit earned would be 15% if no discount was offered ? Show Answer

Q124) A seller sells two articles for Rs. 1800 each. He gain 20% on 1st article and 20% loss on 2nd article. What is the % profit or loss? Show Answer

Q125) A seller sells 1/4 of the item at the gain of 10% and remaining at the gain of 8%. In this transaction he gains of Rs. 102. What is the cost price of the article? Show Answer

Q126) When a seller sells sugar at the rate of Rs. 7.50 per kg he would have loss of 25%. What is the selling price if he wants to earn 10% profit? Show Answer

Q127) A fruit seller buys 60 oranges at the rate of 12 for Rs. 10 and sell at the rate of 10 for Rs. 12. Find the profit or loss. Show Answer

Q128) When SP of the article is increased by Rs. 64 then, 15% loss converted into 17% profit. What is the SP if the seller wants to gain of 20% profit ? Show Answer

Q129) A purchase a radio on certain CP and spend Rs. 110 on its repairing.A sells it to B at the gain of 20% and B sells to C at the loss of 10% and C sells to at the gain of 10% for Rs, 1188. What is the actual CP of radio? Show Answer

Q130) Arun purchase 3 types of pains 1st 3 for Rs. 4, 2nd 10 for Rs. 8 and 3rd 12 for Rs. 18.He sells pens at the rate of 6 pens for Rs. 9 Find the percentage profit. Show Answer

Q131) When CP of mango decreased by 20% a man got 12 mangoes more for Rs. 15. What is the decreased CP of the mango? Show Answer

Q132) A dishonest seller sells article at 44% less than CP but usage30% less weight. Find his % profit or loss. Show Answer

Q133) The CP of an article is increased by 65% after passing through 3 men.if 1st and 2nd man gain profit of 20% and 25% respectively. What is the profit for 3rd man? Show Answer

Q134) A man purchase an article at 3/5 of the CP and sells it at the gain of 5%. Find overall % profit. Show Answer

Q135) Some toffee bought at the rate of 11 for Rs. 10 and same no. of toffee at the rate of 9 for Rs. 10. If all toffee sells at the rate of Rs. 1 per toffee find overall % profit or loss. Show Answer

Q136) If the radius and height of a cylinder is increase by 20% then its volume is increased by .... Show Answer

Q137) 14 watches of equal CP sells at the rate of Rs. 450 per watch. There is profit equal to CP of 4 watches. Find the CP per watch. Show Answer

Q138) If the difference between selling price and cost price is Rs. 210 and profit is 25%. Find the selling price of the article. Show Answer

Q139) Two electronic musical instruments were purchased for Rs.8000. The first was sold at a profit of 40% and second at loss of 40%. If the selling price was the same in both the cases, what was the cost price of two electronic musical instruments? Show Answer

Q140) A man sells an article at the gain of 15%. If he had bought it at 10 less and sold it for Rs. 4 less he would have gained 25%. Find the cost price of the article. Show Answer