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LetsPlayMaths.com, , Profit & Loss – 1, 1. Cost price of a motor bike is Rs. 78650, transportation cost per bike is Rs. 1350 and selling price of the, bike is Rs. 95500. What is the profit amount?, a), , Rs. 16500, , b), , Rs. 15500, , c), , Rs. 14500, , d), , Rs. 16750, , b), , False, , 2. Selling Price = Cost Price + Loss. Mark True / False., a), , True, , 3. If selling price is greater than the cost price, then the goods are being sold with a loss. Mark True /, False., a), , True, , b), , False, , 4. If cost price and additional expenses are greater then the selling price, then the business is making a, loss. Mark True / False., a), , True, , b), , False, , 5. Selling Price = Cost Price + __________, a), , Loss, , b), , Profit, , c), , No Loss / No Profit, , d), , None of these, , 6) Cost price of a product is Rs. 10275.25, transportation and miscellaneous cost is Rs. 224.75. The, product is sold with a profit margin of Rs. 250. What is the selling price of the product?, a), , Rs. 10500, , b), , Rs. 10250, , c), , Rs. 10750, , d), , Rs. 11000, , 7. Cost price of 1 ton iron rod is Rs. 35780, transportation cost is Rs. 1575. Due to some problem, iron, price fell, and 1 ton iron rod was sold at a loss of Rs. 1225. What is the selling price of 1 ton iron rod?, a), , Rs. 31630, , b), , Rs. 36130, , c), , Rs. 36310, , d), , Rs. 31360, , 8. If the selling price of an article is Rs. 3758.45, and it is sold with a profit of Rs. 142.75. What is the cost, price of the article?, a), , Rs. 3615.70, , b), , Rs. 3165.07, , c), , Rs. 3156.70, , d), , Rs. 3256.70, , 9. Cost price of a product is Rs. 800 and selling price of the product is Rs. 900. What is the percentage of, profit?, a), , 21.5%, , Copyright © 2019 LetsPlayMaths.com. All Rights Reserved., , b), , 12.05%

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LetsPlayMaths.com, c), , 12.5%, , d), , None of these, , 10. A Coffee table is sold for Rs. 11650 at a profit of 20%. Find the cost price of the coffee table?, a), , Rs. 9780, , b), , Rs. 9870, , c), , Rs. 9708.33, , d), , Rs. 9780.33, , Copyright © 2019 LetsPlayMaths.com. All Rights Reserved.

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LetsPlayMaths.com, , Profit & Loss – 2, 1. John sold his car for $ 12600 at a gain of $ 200. For what price must he have sold it to gain 10%?, a), , $ 1240, , b), , $ 13640, , c), , $ 16340, , d), , $ 12460, , 2. Bob bought a house for $ 85600, he renovates it for $ 5800. At what price he must sell the house to, make a profit of 15%?, a), , $ 91400, , b), , $ 94100, , c), , $ 105110, , d), , $ 150110, , 3. Ryan bought a horse for $ 22575, he spent $650 on its food and medicine. He sold the horse at a, profit of 22%, then at what price he sold the horse?, a), , $ 23225, , b), , $ 28334.50, , c), , $ 23834.50, , d), , $ 28433.50, , 4. Ram sold a bicycle for Rs. 2500 at a loss of 6%. What is the cost price of the bicycle?, a), , Rs. 2695.57, , b), , Rs. 2659.57, , b), , Rs. 2956.57, , d), , Rs. 2569.57, , 5. John bought a cycle for Rs. 2400 and sold it at a loss of 5 % after using it for some time. Find the, , selling price of the cycle?, a), , Rs. 2268, , b), , Rs. 2286, , c), , Rs. 2368, , d), , None of these, , 6. Profit Percent =, a), , Loss Amount, , b), , Sales Price, , c), , Cost Price, , d), , Profit amount, , b), , False, , 7. Loss Percent =, a), , , mark True / False., , True, , 8. If amount of profit is equal to 100%, then what is the selling price?, a), , C.P, , b), , 2 times of C.P, , c), , 3 times of C.P, , d), , 4 times of C.P, , Copyright © 2019 LetsPlayMaths.com. All Rights Reserved.

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LetsPlayMaths.com, 9. If loss is equal to 100%, then what is the S.P?, a), , C.P, , b), , 2 times of C.P, , c), , 3 times of C.P, , d), , Zero, , 10. If profit is equal to 75%, then C.P = __________ X Profit Amount, a), , b), , c), , d), , None of these, , 11. If loss is equal to $ 50 and C.P $ 500, then what is the percentage of loss?, a), , 5%, , b), , 10%, , c), , 15%, , d), , 20%, , 12. If John sold a refrigerator for $ 1750 and incurred a loss of $ 250, then what is the loss percentage?, a), , 10.5%, , b), , 5%, , c), 12.5%, d), 15.2%, 13. Bob sold 75 shirts at a price of Rs. 9375. He sold each shirt at a profit of Rs. 25, then what is the cost, of each shirt?, a), , Rs. 125, , b), , Rs. 110, , c), , Rs. 105, , d), , Rs. 100, , 14. A man made 200% profit in a business, what would be the selling price?, , ., a), , C.P, , b), , c), , 2 times of C.P, , d), , 3 times of C.P, , 15. John bought apples for Rs. 2000 and Bob bought oranges for Rs. 3000. Next day John sold his apples, for Rs. 2500 and Bob sold his oranges for Rs. 4000. Whose profit percentage is higher?, a), , Bob, , b), , John, , c), , Profit percentages are same for Bob & John, , d), , None of these, , Copyright © 2019 LetsPlayMaths.com. All Rights Reserved.

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LetsPlayMaths.com, , Profit & Loss – 3, 1. If Cost Price is Rs. 85 and Selling Price is 105, then what is the profit?, a), , Rs. 15, , b), , Rs. 20, , c), , Rs. 25, , d), , Rs. 30, , 2. John bought an old motor bike for $ 5675 and spent $ 453 on it’s repair. Then he sold it in $ 7265, find, out the profit he made., a), , $ 1173, , b), , $ 1371, , c), , $ 1137, , d), , None of these, , 3. If SP > CP, then profit is made from the transaction. Mark True / False., a), , True, , b), , False, , 4. Bob bought a cycle for Rs. 3725. After using it for few months he sold it for a loss of Rs. 589. Find the, selling price of the cycle., a), , Rs. 3163, , b), , Rs. 3136, , c), , Rs. 3236, , d), , None of these, , 5. Merry bought a house for Rs. 2756723. She stayed in that house for few years and then she sold it for, a profit of Rs. 152780. Find the selling price of the house., a), , Rs. 2999503, , b), , Rs. 2099503, , c), , Rs. 2909503, , d), , None of these, , 6. If CP > SP, then profit is made from the transaction. Mark True / False., a), , True, , b), , False, , 7. The percentage ratio between profit and CP is called the profit percent. Mark True / False., a), , True, , b), , False, , 8. Ram bought a pen for Rs. 20 and sold it for Rs. 25. Find his percentage of gain., a), , 10%, , b), , 15%, , c), , 20%, , d), , 25%, , 9. Krishna bought Car for Rs. 75570. At what price he should sell his car to make 10% profit., a), , Rs. 83127, , b), , Rs. 81327, , c), , Rs. 83172, , d), , None of these, , Copyright © 2019 LetsPlayMaths.com. All Rights Reserved.

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LetsPlayMaths.com, 10. A music system cost price was Rs. 9875. It was offered for a sale at a reduction of 25%. What is the, selling price of the music system?, a), , Rs. 7460.25, , b), , Rs. 7406.25, , c), , Rs. 7604.25, , d), , None of these, , Copyright © 2019 LetsPlayMaths.com. All Rights Reserved.

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LetsPlayMaths.com, , Profit & Loss Worksheet – 1, 1. A man bought a pen for Rs. 25 and sold it for Rs. 67. How much profit/loss did he make?, a), , Rs. 42 Loss, , b), , Rs. 42 Profit, , c), , Rs. 24 Loss, , d), , Rs. 92 Profit, , 2. Cost price of an article is Rs. 1600. If the shopkeeper incurred a loss of 4%, then find the, selling price., a), , Rs. 1600, , b), , Rs. 1664, , c), , Rs. 1536, , d), , Rs. 1563, , 3. Cost price of an article is Rs. 1800 and selling price is Rs. 1611. Find the percentage of loss, / profit., a), , 10% Loss, , b), , 10.5% Profit, , c), , 15% Loss, , d), , 10.5% Loss, , 4. Cost price of a statue is Rs. 12000 and selling price is Rs. 12900. Find the percentage of, loss / Profit., a), , 7.5% Loss, , b), , 7% Profit, , c), , 5.7% Loss, , d), , 9% Profit, , 5. A shopkeeper makes 10% profit by selling a product for Rs. 550. Find the cost price of the, product., a), , Rs. 500, , b), , Rs. 525, , c), , Rs. 550, , d), , Rs. 475, , 6. A shopkeeper makes 8% loss by selling a product for Rs. 8510. Find the cost price of the, product., a), , Rs. 9520, , b), , Rs. 9250, , c), , Rs. 8250, , d), , Rs. 9270, , 7. Mohan bought a table for Rs. 14500 and spent Rs. 500 on transportation. He sold it for, Rs. 18000, then find the profit percentage., a), , 10%, , b), , 15%, , c), , 20%, , d), , 25%, , 8. Pradeep bought an old motorbike for Rs. 265000 and spent Rs. 35000 on it’s repair. Then, sold it at a profit of 10%. How much did he get?, a), , Rs. 35000, , Copyright © 2021 LetsPlayMaths.com. All Rights Reserved., , b), , Rs. 25000

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LetsPlayMaths.com, , c), , Rs. 20000, , d), , Rs. 30000, , 9. The selling price of 10 pencils is equal to the cost price of 15 pencils. Find the gain, percentage., a), , 50%, , b), , 60%, , c), , 40%, , d), , 25%, , 10. The selling price of 15 chocolates is equal to the cost price of 12 chocolates. Find the loss, percentage., a), , 15%, , b), , 20%, , c), , 25%, , d), , 30%, , 11. On selling a television for Rs. 21504, a dealer gains 12%. Find the cost price of the, television., a), , Rs. 19000, , b), , Rs. 19200, , c), , Rs. 19250, , d), , Rs. 19300, , 12. On selling a cycle for Rs. 12000, a dealer loses 4%. For how much should he sell it to gain, 10%., a), , Rs. 12750, , b), , Rs. 11750, , c), , Rs. 13750, , d), , Rs. 14750, , 13. On selling a painting for Rs. 12600, a shopkeeper makes a profit of 5%. What is the cost, price of the painting?, a), , Rs. 11000, , b), , Rs. 11500, , c), , Rs. 12000, , d), , Rs. 12500, , 14. A product is sold at a gain of 15%. Had it been sold for Rs. 120 more, the profit would, have been 20%. What is the cost price of the product?, a), , Rs. 2400, , b), , Rs. 2200, , c), , Rs. 2500, , d), , Rs. 2000, , 15. Sandy sold a grasscutter machine at a loss of 8%. If he had sold it for Rs. 3400 more, the, profit would have been 25%. At what price Sandy bought the grasscutter?, a), , Rs. 22000, , b), , Rs. 20000, , c), , Rs. 25000, , d), , Rs. 21500, , 16. On selling a cycle for Rs. 9449, a salesman gains, , of it’s cost price. Find the cost price of, , the cycle., a), , Rs. 8590, , Copyright © 2021 LetsPlayMaths.com. All Rights Reserved., , b), , Rs. 8960

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LetsPlayMaths.com, , c), , Rs. 8950, , d), , Rs. 5890, , 17. If the product manufacturer gains 12%, the wholesale dealer 15%, and the retailer 20%, then what is the production cost of the product whose retail price is Rs. 38640., a), , Rs. 25500, , b), , Rs. 25200, , c), , Rs. 25000, , d), , Rs. 25600, , 18. Mr. Nayak purchased a scooter for Rs. 20000 and a motorbike for Rs. 30000. On the, scooter he lost 5% but, on the motorbike, he gained 10%. Find the total percentage gain or, loss., a), , 2%, , b), , 4%, , c), , 3%, , d), , 5%, , 19. By selling 48 apples, a salesman suffers a loss equal to the selling price of 6 apples. Find, his loss percent., a), , 7, , c), , 11, , %, %, , b), , 9, , d), , 11, , %, %, , 20. On selling a toy for Rs. 630, a salesman loses 10%. Find the cost price of the toy?, a), , Rs. 657, , b), , Rs. 963, , c), , Rs. 700, , d), , Rs. 625, , Copyright © 2021 LetsPlayMaths.com. All Rights Reserved.

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LetsPlayMaths.com, , Profit & Loss Worksheet – 2, 1. Gain = C.P – S.P. Mark True / False., a), , True, , b), , False, , b), , False, , b), , False, , b), , False, , b), , False, , 2. Loss = C.P – S.P. Mark True / False., a), , True, , 3. Gain% =, a), , . Mark True / False., , ., , True, , 5. CP =, a), , . Mark True / False., , True, , 4. Loss% =, a), , ., , %, , . Mark True / False., , True, , 6. A man bought a knife for Rs. 80 and sold it for Rs. 120. Find the gain percentage., a), , 20%, , b), , 55%, , c), , 50%, , d), , 45%, , 7. A toy car is bought for Rs. 150 and sold for Rs. 120. Find the loss percentage., a), , 10%, , b), , 15%, , c), , 25%, , d), , 20%, , 8. On selling a cricket bat for Rs. 200, a shopkeeper gains 25%. Find the cost price of the, cricket bat., a), , Rs. 150, , b), , Rs. 160, , c), , Rs. 175, , d), , Rs. 180, , 9. If C.P of a product is Rs. 950 and loss percentage is 6%, then find the S.P of the product., a), , Rs. 839, , b), , Rs. 900, , c), , Rs. 893, , d), , Rs. 920, , 10. On selling a shoe for Rs. 630, a cobbler earns 10%. Find the cost price of the shoe., a), , Rs. 567, , b), , Rs. 576, , c), , Rs. 587, , d), , Rs. 600, , Copyright © 2021 LetsPlayMaths.com. All Rights Reserved.

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LetsPlayMaths.com, , 11. If the cost price of 15 books is equal to the selling price of 20 books, then what is the loss, percentage?, a), , 15%, , b), , 20%, , c), , 25%, , d), , 30%, , 12. If the cost of 6 chair is equal to the selling price of 5 chairs, then what is the profit, percentage?, a), , 10%, , b), , 12%, , c), , 15%, , d), , 20%, , 13. Bob bought 5 dozen of pens at Rs. 120 and sold them for Rs. 2.50. Find the gain or loss in, percent., a), , 25% Loss, , b), , 20% Gain, , c), , 25% Gain, , d), , 30% Loss, , 14. A vendor bought eggs at Rs. 60 per dozen and sold them at 5 eggs for Rs. 40. Find his, percentage gain., a), , 50%, , b), , 60%, , c), , 40%, , d), , 30%, , 15. A salesman makes a 15% profit by selling a book costing him Rs. 250. What is the selling, price of the book., a), , Rs. 287, , b), , Rs. 278.5, , c), , Rs. 278, , d), , Rs. 287.5, , 16. John bought 50 dozen eggs for Rs. 1800. Five dozen of eggs could not be sold because, they were rotten. At what price per dozen should John sell the remaining eggs so that he, makes a profit of 10%., a), , Rs. 36, , b), , Rs. 44, , c), , Rs. 40, , d), , Rs. 55, , 17. A shopkeeper sells a product at Rs. 300, thus suffering a loss of 25%. What is the cost, price of the product?, a), , Rs. 200, , b), , Rs. 300, , c), , Rs. 400, , d), , Rs. 500, , 18. Maria bought a second-hand piano for Rs. 8000 and spent Rs. 1000 on its repair. At, what cost should she sell the piano to make a profit of 20%?, a), , Rs. 11250, , Copyright © 2021 LetsPlayMaths.com. All Rights Reserved., , b), , Rs. 12250

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LetsPlayMaths.com, , c), , Rs. 11050, , d), , Rs. 11000, , 19. A wholesaler sold some damaged products for Rs. 7200 at a loss of 10%. What is the cost, price of the product?, a), , Rs. 7000, , b), , Rs. 9630, , c), , Rs. 8000, , d), , Rs. 6250, , 20. By selling an article for Rs. 5500, a businessman makes a loss of 5%. What percent would, he gain or lose by selling it for Rs. 6496?, a), , 10%, , b), , 12%, , c), , 15%, , d), , 17%, , Copyright © 2021 LetsPlayMaths.com. All Rights Reserved.