Profit & Loss

Q.1: Selling price of a toy is Rs 540. If the profit made by the shopkeeper is 20%, what is the cost of the toy?

Q.2: Rohan sells his bat for Rs 220 with a profit of 10%. Find its cost price.

Q.3: The cost of a basket is Rs 120. If the shopkeeper sells it at a loss of 10%, find the price at which it is sold.

Q.4: Vishnu bought furniture for Rs 55,000 and sold it at a gain of 8%. Find his selling price.

Q.5: Ganesh bought a house for Rs 4,00,000. He spent Rs 18,000 on maintenance and then he sold it at a gain of 10%. Find the selling price.

Q.6: The shopkeeper had two flower vases worth Rs 2000 each. He sold one at a loss of 5% and another at a gain of 7%. Find the final selling price of both vases.

Q.7: Komal bought two fans for Rs 1200 each. She sold one at a loss of 5% and other at a profit of 10%. Find the selling price of each. And also find the total profit or loss of this whole transaction.

Q.8: Mr. Varma bought an AC for Rs 46,000 including tax of 15%. Find the price of AC before the tax was added.

Q.9: An almirah is sold at Rs 5,225 after allowing a discount of 5%. Find its marked price.

Q.10: Sona bought a refrigerator for Rs 4,500 and then spent Rs 500 on repairs. She sold it for Rs 6,200. Find gain/loss per cent.

Answers:

  1. Rs 450
  2. Rs 200
  3. Rs 108
  4. Rs 59,400
  5. Rs 4,59,800
  6. Rs 1,900; Rs 2,140
  7. Rs 1,140; Rs 1,320; Profit 2.5%
  8. Rs 40,000
  9. Rs 5,500
  10. 24% Profit

Published by Priya Prakash

In the midst of winter, i found there was within me an invincible summer ~ Albert Camus

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