Profit and Loss Questions And Answers.


1.A person purchases 90 clocks and sells 40 clocks at a gain of 10% and 50 clocks at a gain of 20%. If he sold all of them at a uniform profit of 15%, then he would have got Rs. 40 less. The cost price of each clock is:__?
A. Rs.50
B. Rs.60
C. Rs.80
D. Rs.90

2.The cash difference between the selling prices of an article at a profit of 4% and 6% is Rs. 3. The ratio of the two selling prices is:___?
A. 51:52:00
B. 52:53:00
C. 51:53:00
D. 52:55:00

3.If 5% more is gained by selling an article for Rs. 350 than by selling it for Rs. 340, the cost of the article is:__?
A. Rs. 50
B. Rs. 160
C. Rs. 200
D. Rs. 225

4.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

5.A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to retailer at a profit of 20%. The retailer in turn sells them to a customer for Rs. 30.09, there by earning a profit of 25%. The cost price for the manufacturer is:________?
A. Rs. 15
B. Rs. 16
C. Rs. 17
D. Rs. 18