**1.**What profit / loss per cent did Ravi earn if he purchased an item of Rs. 5600 and sold it at three-fourth of its cost price?

(a) Loss of 20 percent (b) Gain of 25 per cent (c) Neither Gain nor loss

(d) Loss of 15 per cent (e) None of these

**2.**Prasad sold his work tools for Rs. 1850 and earned a profit of 25 per cent. At what price did Prasad buy the work tools?

(a) Rs. 1360 (b) Rs. 1300 (c) Rs. 1240 (d) Rs. 1480 (e) None of these

**3.**Rehaan purchased a bike for Rs. 54000. He sold it at a loss of 8 per cent. With that money he again purchased another bike and sold it at a profit of 10 per cent. What is his overall loss/ profit?

(a) Loss of Rs. 657 (b) Profit of Rs. 567 (c) Loss
of Rs. 648 (d) Profit of Rs. 648 (e) None of these

**4.**Meera purchased an item for Rs. 62000 and sold it at loss of 25 percent. With that amount she purchased another item and sold it at gain of 30 percent. What was her overall gain/loss?

(a) loss of Rs. 1560 (b) Profit of Rs. 1560 (c)
loss of Rs. 1500 (d) Profit of Rs. 1550 (e) None of these

**5.**seema purchased an item for Rs. 9600 and sold it for a loss of 5 percent. From that money she purchased another item and sold it for a gain of 5 percent. What is her overall gain/ loss

(a) Loss of Rs. 36 (b) Profit of Rs. 24 (c) Loss of Rs. 54 (d) Profit of Rs. 36 (e) None of these

**6.**kamya purchased an item of Rs. 46000 and sold it at a loss of 12 percent. With that amount she purchased another item and sold it at a gain of 12 percent. What was her overall gain /loss

(a) Loss of Rs. 662.40 (b) Profit of Rs. 6622.40 (c) Loss
of Rs. 642.80 (d) Profit of Rs. 642.80 (e) None of these

**7.**Three partners A, B and C started a business with an investment of Rs. 14000 each. A withdrew Rs. 2000 after two months. B invested Rs. 2000 more and C invested Rs. 4000 more at the same time. Total profit earned at the end of the year was Rs. 54400. Find A’s share in the profit.

(a) Rs. 14800 (b) Rs. 14600 (c) Rs. 14680 (d) Rs. 15800 (e) None of these

**8.**A man sells calculator at the rate of Rs. 250 each which includes a profit of 14 per cent. What amount of profit will he earn in 19 days if he sells seven calculators per day?

(a) Rs. 4665 (b) Rs. 4565 (c) Rs. 4545 (d) Rs. 4655 (e) None of these

**9.**An article was sold for Rs. 5220 at a loss of 42 % of the cost price. What will be the selling price of the article for a profit of 42 %?

(a) Rs. 12580 (b) Rs. 17280 (c) Rs. 12780 (d) Rs. 15280 (e) None of these

**10.**A shopkeeper sells two watches for Rs. 380 each. On one he gets 12 % profit and on the other 12 % loss. His profit or loss in the entire transaction was

(a)

(b)

(c)

(d)

(e) None of these

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**Answer**

1 ( e) 2 (d) 3 (d) 4 (c) 5 (e)

6 (a) 7 (a) 8 (e ) 9 (c) 10 (a)

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**Explanations**

1. S. P= 5600 ×

Loss = 5600 – 4200 = Rs. 1400

Loss percentage =

**=**

2. C. P

**=****=**

3. First S.P

=

Second SP = 49680 ×

Profit = 54648 – 54000 = Rs. 648

4. Last selling price = 62000 ×

Loss = Rs. ( 62000 – 60450) Rs. 1550

5. first SP=

Second SP =

Loss = RS. (9600- 9576) = Rs. 24

6. first SP =

Second SP =

Loss = Rs (46000 – 45337.6)

= Rs. 662.4

7. Ratio of equivalent capital of A, B and C for one month

= (2× 14000 + 10 × 12000) : (2 × 14000 + 10 16000) : (2 × 14000 + 10 × 18000)

= (28000 + 12000) : (2800 + 160000) : (28000 + 18000)

= 148000 : 188000 : 208000

= 37: 47 : 52

Sum of ratios = 37 + 47 + 52 = 136

A’s Share =

8. profit on one calculator =Rs.

Total profit =

9. CP of article

= 5220 ×

**=**

Required SP

=

10. loss per cent

=

= (

= 36/25 %

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